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Neturen (5976) · TargetSoftened

16th Medium-Term Management Plan “Aggressive Challenge One NETUREN 2026”

First written in FY2024. 5 of 11 entries say "Softened", first in 2026-05-13. Latest entry: 2026-08-06.

11entries
3years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2024 – FY2026-H12024: 220242025: 220252026: 72026
Same theme, other companies
Profitability, Capital Efficiency and Financial Soundness Targets in Medium-Term Management PlansA theme 63 companies write about · 5 as a headwind · 65 as a tailwind

The whole theme swung hardest in 2025: 8 of 36 companies on the "Worse" side.

5 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 63 companies compared. The sentences above are computed from all 63.
Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「Fiscal year ending March 2027 Revised Original plan Net sales ¥64.0 billion ¥70.0 billion Operating income ¥2.1 billion ¥4.6 billion Operating margin 3.3% 6.5% ROE (return on equity) at least 2.5% at least 6.5% ROA (return on assets) at least 3.1% at least 5.5% ROIC (return on invested capital) at least 3.1% at least 5.5%」

    The targets for the final year of the 16th Mid-Term Management Plan were lowered from net sales of ¥70.0 billion to ¥64.0 billion and operating income of ¥4.6 billion to ¥2.1 billion. The targets for operating margin, ROE, ROA and ROIC were also lowered.
  2. FY2026-H1RestatedAnnual report

    「In addition to pursuing the four basic strategies set out in the 16th Medium-Term Management Plan, “Aggressive Challenge One NETUREN 2026” (a three-year plan from April 2024 to March 2027), namely “Creating growth drivers,” “Cultivating growth engines,” “Expanding global markets” and “Developing people with a willingness to contribute proactively,”」

    The company continues to pursue the four basic strategies of the 16th Mid-Term Management Plan during the interim consolidated accounting period of the plan's second year.
  3. FY2025Shortfall against targets disclosed in the plan's second yearAnnual report

    「As the company enters the second year of the 16th Mid-Term Management Plan, “Aggressive Challenge One NETUREN 2026,” formulated as the second phase of the long-term management vision NETUREN VISION 2030, “Evolution and Growth,” and covering April 2024 to March 2027, it will work to further strengthen and advance capital cost management, including the business portfolio, the full-scale introduction and rollout of ROIC, capital allocation, and capital and financial strategies, while aiming to contribute to the creation of a sustainable society and enhance corporate value with a greater sense of urgency than before.」

    While advancing the strengthening of capital cost management in the second year of the 16th Mid-Term Management Plan, the company has also explicitly stated that performance is trending below its consolidated management targets.
  4. FY2025-H1RestatedAnnual report

    「The NETUREN Group continues to pursue the four basic strategies set out in the 16th Mid-Term Management Plan, “Aggressive Challenge One NETUREN 2026,” a 3-year plan running from April 2024 to March 2027. 1. Technology development: creating growth drivers. Based on the marketing capabilities developed to date, the group will use an inverted T-shaped model to flexibly connect the strengths of group companies and create new businesses, products and technologies. 2. Business: developing growth engines. By combining the group's existing capabilities at the front line with new technologies, the group will strengthen its production engineering capabilities and improve competitiveness while providing products, services and technologies that deliver greater customer satisfaction. 3. Global: expanding global markets. Focusing on products, services and technologies that contribute to CO2 reduction and lower the environmental burden, the group will connect information networks and expand global markets, including untapped regions. 4. Human resources: developing personnel with the motivation to contribute voluntarily. The group will further promote the development of personnel who respect diversity, maintain a positive mindset and are motivated to contribute voluntarily, connect their individual contributions across the NETUREN Group and accelerate corporate growth.」

    The company continues to pursue the four basic strategies of the 16th Mid-Term Management Plan during the interim consolidated accounting period of the plan's first year.
  5. FY2024First statedAnnual report

    「Period: April 2024 to March 2027 (3 years) Slogan: Aggressive Challenge One NETUREN 2026 Consolidated management targets Fiscal year ending March 2027 Net sales ¥70.0 billion Operating income ¥4.6 billion Operating margin 6.5% ROE (return on equity) at least 6.5% ROA (return on assets) at least 5.5% ROIC (return on invested capital) at least 5.5%」

    As the second phase of its long-term management vision, the company formulated the 16th Mid-Term Management Plan covering April 2024 to March 2027, and set consolidated management targets of net sales of ¥70.0 billion, operating income of ¥4.6 billion, an operating margin of 6.5%, ROE of at least 6.5%, ROA of at least 5.5% and ROIC of at least 5.5%.
Moved together

"Domestic and Overseas Economic Slowdowns and Uncertainty Surrounding the Economic Environment" moved the same way as this thread, in the same document, in 4 of its 11 moves.

43322★12345
  1. ★This thread
  2. 1Domestic and Overseas Economic Slowdowns and Uncertainty Surrounding the Economic Environment4×
  3. 2Strengthening the Management Structure and Further Enhancing Corporate Value3×
  4. 3Sharp decline in orders from key customers and delays in recovering capital investment3×
  5. 4Higher Manufacturing Costs Due to Steel Price Fluctuations2×
  6. 5Decline in induction heating equipment-related sales due to weaker capital investment appetite in China2×

★ 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
No upcoming earnings preview for Neturen yet. It last moved in the Earnings of 2026-08-06: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
16th Medium-Term Management Plan “Aggressive Challenge One NETUREN 2026” | Neturen Co.,Ltd. (5976) | Komori