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Corona (5909) · TargetDropped

Sustainable Growth under the 7th Medium-Term Management Plan, the “V-Up Plan”

First written in FY2016. 8 of 13 entries say "Restated". Latest entry: FY2021.

13entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q3RestatedFY2018-Q1 – FY2018-Q3RestatedFY2019-Q2 – FY20212016: 320162017: 420172018: 320182019: 220192020: 020202021: 12021
Same theme, other companies
Sustainable growth under the 7th Medium-Term Management Plan, the “V-Up Plan”A theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021DroppedAnnual report

    「Under the Eighth Medium-Term Management Plan, the Company is pursuing strategies to expand its business domains and strengthen functions and foundations for sustainable growth, among other initiatives.」

    There was no reference to the Seventh Medium-Term Management Plan, the “V-Up Plan”; instead, the successor Eighth Medium-Term Management Plan was described.
  2. FY2019Disclosure of failure to achieve final-year targetsAnnual report

    「The current consolidated fiscal year was also the final year of the three-year Seventh Medium-Term Management Plan, the “V-Up Plan,” for which numerical targets of consolidated revenue of ¥85,800 million, consolidated ordinary profit of ¥2,900 million and a consolidated ordinary profit margin of 3.4% had been set. Results for the current consolidated fiscal year fell short of all three targets, as sales of oil fan heaters, the main heating product, remained sluggish due to the mild winter, while rising raw material prices and higher logistics costs also had an impact.」

    As the Seventh Medium-Term Management Plan entered its final year, the Company explicitly stated that each of the targets for revenue, ordinary profit and the ordinary profit margin had not been achieved.
  3. FY2019-Q3RestatedAnnual report

    「As the Group entered the final year of the Seventh Medium-Term Management Plan, the “V-Up Plan,” it pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    In the final year of the Seventh Medium-Term Management Plan, the “V-Up Plan,” the Company continued to pursue sustainable growth, growth strategies and the strengthening of its management foundation.
  4. FY2019-Q2RestatedAnnual report

    「As the Group entered the final year of the Seventh Medium-Term Management Plan, the “V-Up Plan,” it pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    In the final year of the Seventh Medium-Term Management Plan, the “V-Up Plan,” the Company continued to pursue sustainable growth, growth strategies and the strengthening of its management foundation.
  5. FY2018RaisedAnnual report

    「[Numerical targets for FY2018, ending March 2019] Consolidated revenue ¥85,800 million; consolidated ordinary profit ¥2,900 million; ordinary profit margin 3.4%」

    Based on the results for the fiscal year ended March 2018, the final-year targets were raised from revenue of ¥82,000 million to ¥85,800 million and consolidated ordinary profit of ¥2,800 million to ¥2,900 million. The Company states that the previous revenue target of ¥82,000 million and ordinary profit margin target of 3.4% were achieved one year ahead of schedule.
  6. FY2018-Q3RestatedAnnual report

    「Under these circumstances, based on the Seventh Medium-Term Management Plan, the “V-Up Plan,” the Group pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    The Company continues to pursue sustainable growth, growth strategies and the strengthening of its management foundation under the Seventh Medium-Term Management Plan, the “V-Up Plan.”
  7. FY2018-Q2RestatedAnnual report

    「Under these circumstances, based on the Seventh Medium-Term Management Plan, the “V-Up Plan,” the Group pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    The Company continues to pursue sustainable growth, growth strategies and the strengthening of its management foundation under the Seventh Medium-Term Management Plan, the “V-Up Plan.”
  8. FY2018-Q1RestatedAnnual report

    「Under these circumstances, based on the Seventh Medium-Term Management Plan, the “V-Up Plan,” the Group pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    The Company continued to pursue sustainable growth, growth strategies and the strengthening of its management foundation under the Seventh Medium-Term Management Plan, the “V-Up Plan,” in the first quarter as well.
  9. FY2017AdvancedAnnual report

    「[Numerical targets for FY2018, ending March 2019] Consolidated revenue ¥82,000 million; consolidated ordinary profit ¥2,800 million; ordinary profit margin 3.4%」

    The Seventh Medium-Term Management Plan, the “V-Up Plan,” specified numerical targets for revenue, ordinary profit and the ordinary profit margin through FY2018. Actual results for the current fiscal year were revenue of ¥80,598 million, ordinary profit of ¥2,493 million and an ordinary profit margin of approximately 3.1%.
  10. FY2017-Q3RestatedAnnual report

    「Based on the Seventh Medium-Term Management Plan, the “V-Up Plan,” which began in the current fiscal year, the Group pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    The Company continues to pursue sustainable growth, growth strategies and the strengthening of its management foundation under the Seventh Medium-Term Management Plan, the “V-Up Plan.”
  11. FY2017-Q2RestatedAnnual report

    「Based on the Seventh Medium-Term Management Plan, the “V-Up Plan,” which began in the current fiscal year, the Group pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    The Company continues to pursue sustainable growth, growth strategies and the strengthening of its management foundation under the Seventh Medium-Term Management Plan, the “V-Up Plan.”
  12. FY2017-Q1RestatedAnnual report

    「Based on the Seventh Medium-Term Management Plan, the “V-Up Plan,” which began in the current fiscal year, the Group pursued growth strategies and strengthened its management foundation to steadily advance sustainable growth and development even amid a challenging business environment.」

    The Company reaffirmed sustainable growth and the strengthening of its management foundation under the Seventh Medium-Term Management Plan, the “V-Up Plan,” as initiatives for its first year.
  13. FY2016First statedAnnual report

    「Under these circumstances, the Group formulated the Seventh Medium-Term Management Plan, the “V-Up Plan,” and is building a foundation for steadily achieving sustainable growth and development amid the challenging business environment ahead.」

    As the successor to the Sixth Medium-Term Management Plan, the plan places sustainable growth and development at the forefront.
Moved together

"Strengthening growth businesses through sales capabilities and sales strategies" moved the same way as this thread, in the same document, in 2 of its 13 moves.

222222★123456
  1. ★This thread
  2. 1Strengthening growth businesses through sales capabilities and sales strategies2×
  3. 2Expansion of the Residential Equipment Business in Response to Environmental and Energy Changes2×
  4. 3Development of One-of-a-Kind and First-of-Their-Kind Products2×
  5. 4Transforming Manufacturing Capabilities and Maximizing Productivity2×
  6. 5Improved Energy-Saving and Environmental Performance2×
  7. 6Cost Reduction and Cost Cutting2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Corona's next results are scheduled for 2026-10-29. Read the earnings preview
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Sustainable Growth under the 7th Medium-Term Management Plan, the “V-Up Plan” | CORONA CORPORATION (5909) | Komori