Further Strengthening the Business Foundation and Initiating and Executing the Growth Strategy
First written in FY2017-Q1. 10 of 24 entries say "Restated". Latest entry: 2026-11-12.
Tokyo Rope Mfg. moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- 2026-11-12RestatedResults
「2026年５月14日決算発表時に公表しました予想から変更はありません。」
2027年3月期の通期予想は売上高67,000百万円、営業利益4,300百万円で、既公表予想から変更がないことを再確認している。 - FY2026SoftenedAnnual report
「For the fiscal year ending March 2027, the final year, the Group forecasts consolidated net sales of ¥67 billion, operating profit of ¥4.3 billion, ordinary profit of ¥4.4 billion and net income attributable to owners of the parent of ¥3 billion. Because CFCC business projects were concentrated in the fiscal year ending March 2026 and ended earlier than expected, and because the business environment for the Steel Cord business deteriorated, the Group currently expects to fall short of TCTRX's original targets of net sales of ¥68 billion and operating profit of ¥4.5 billion.」
The Company revised its TCTRX final-year forecast to net sales of ¥67 billion and operating profit of ¥4.3 billion and explicitly stated that it expects to fall short of the original targets of net sales of ¥68 billion and operating profit of ¥4.5 billion. - FY2025AdvancedAnnual report
「For the fiscal year ending March 2026, the second year of TCTRX, the Group forecasts consolidated net sales of ¥64 billion, operating profit of ¥4 billion, ordinary profit of ¥3.9 billion and net income attributable to owners of the parent of ¥3.2 billion. The Group will work to further improve management efficiency in order to achieve the original targets in the fiscal year ending March 2027, the final year of TCTRX.」
For TCTRX, the Company presented its earnings forecast for the fiscal year ending March 2026 and disclosed actual results for the fiscal year ending March 2025 against the targets for the fiscal year ending March 2027: net sales of ¥62.8 billion, operating profit of ¥3.5 billion, EBITDA of ¥6 billion, ROE of 9.1%, a D/E ratio of 0.67, EPS of ¥205 and a total payout ratio of 40.2%. - FY2024ReframedAnnual report
「The Company formulated a new medium-term management plan, "TCTRX," to guide business operations from the fiscal year ending March 2025 through the fiscal year ending March 2027.」
The Company changed from TRX135 to the new medium-term management plan TCTRX covering the fiscal years ending March 2025 through March 2027. Its basic policies are investment in priority growth businesses, strengthening the competitiveness of existing businesses, and building a company attractive to all stakeholders, with targets including net sales of ¥68 billion, operating profit of ¥4.5 billion and EBITDA of ¥6.5 billion. - FY2023AdvancedAnnual report
「During the current fiscal year, both in Japan and overseas, efforts to balance socioeconomic activity with infection-control measures continued. The Group also continued the improvement trend in both net sales and profit from the previous fiscal year and consequently achieved ahead of schedule the final-year operating profit target set under the medium-term management plan "TRX135."」
Against the TRX135 final-year target, operating profit for the current fiscal year was ¥3.3 billion, achieving ahead of schedule the target range of ¥3-4 billion. The Company also disclosed net sales of ¥67.1 billion, EBITDA of ¥5.9 billion, ROE of 13.4%, a D/E ratio of 0.83 and EPS of ¥234.8. - FY2022Specifying the official name and numerical targets of the new medium-term management planAnnual report
「The Company formulated in September 2021 a new medium-term management plan, "TRX135," to guide business operations from the fiscal year ending March 2022 through the fiscal year ending March 2024, with the aim of enabling stable business operations in the era of living with COVID-19 and rebuilding the Company as one that all its stakeholders can be proud of.」
The Company officially identified the new medium-term management plan as "TRX135," covering the fiscal years ending March 2022 through March 2024, and disclosed 5 policies covering rebuilding earnings power, returning all businesses to profitability, building a foundation, rebuilding internal controls and strengthening the financial foundation, as well as final-year targets of net sales of ¥65 billion, operating profit of ¥3-4 billion, EBITDA of ¥5.3-6.3 billion and ROE of at least 8%. - FY2022-Q3RestatedAnnual report
「The Group formulated a new medium-term management plan to guide business operations from the fiscal year ending March 2022 through the fiscal year ending March 2024. Positioning this plan as a period for laying the foundation for the Group's sustainable growth, the Group is pursuing various initiatives based on ① rebuilding earnings power, ② returning all businesses to profitability through selective and focused investment of management resources, ③ building a foundation for the next phase of growth, ④ rebuilding and actively using internal controls to drive cultural reform, and ⑤ strengthening the financial foundation.」
The Company restates the new medium-term management plan covering the fiscal years ending March 2022 through March 2024 and its 5 basic policies. - FY2022-Q2ReframedAnnual report
「The Group formulated a new medium-term management plan to guide business operations from the fiscal year ending March 2022 through the fiscal year ending March 2024. Positioning this plan as a period for laying the foundation for the Group's sustainable growth, the Group is pursuing various initiatives based on ① rebuilding earnings power, ② returning all businesses to profitability through selective and focused investment of management resources, ③ building a foundation for the next phase of growth, ④ rebuilding and actively using internal controls to drive cultural reform, and ⑤ strengthening the financial foundation.」
The Company moved from its previous medium-term management plan to a new plan covering the fiscal years ending March 2022 through March 2024 and specified 5 basic policies. - FY2020SoftenedAnnual report
「The formulation of the new medium-term management plan has been substantially delayed by the impact of the COVID-19 pandemic. While the basic concepts and targets will carry forward the philosophy of "TCT－Focus2020," the Company intends to determine specific initiatives and target figures after assessing the impact of COVID-19.」
The Company explicitly stated that results had diverged significantly from TCT－Focus2020's original numerical targets and that formulation of the new medium-term management plan had been delayed by COVID-19, leaving specific initiatives and target figures undecided. - FY2020-Q2RestatedAnnual report
「Under these circumstances, the Group entered the final year of its medium-term management plan "TCT－Focus2020," which uses "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion" as its keywords. Although the original targets were unfortunately expected not to be achieved because of changes in the business environment and delays in progress, the Group is working on outstanding issues from the current medium-term management plan in order to carry them forward into the new medium-term management plan currently being formulated.」
The Company continues to state, as in the previous quarter, that TCT－Focus2020 is expected to fall short of its targets and that it is working on outstanding issues in preparation for formulating its next medium-term management plan. - FY2020-Q1RestatedAnnual report
「Under these circumstances, the Group entered the final year of its medium-term management plan "TCT－Focus2020," which uses "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion" as its keywords. Although the original targets were unfortunately expected to be difficult to achieve because of changes in the business environment and delays in progress, the Group is working on outstanding issues from the current medium-term management plan in order to carry them forward into the next plan.」
Having entered the final year of TCT－Focus2020, the Company continues to expect that its targets will be difficult to achieve while working on outstanding issues in preparation for the next medium-term management plan. - FY2019SoftenedAnnual report
「However, as the final year approached, it became clear that the targets could not be achieved because of changes in the business environment and delays in launching and progressing initiatives, and the Company is proceeding with the formulation of its next medium-term management plan in light of this outcome.」
In the final year of TCT-Focus2020, the Company explicitly stated that targets including net sales of ¥80 billion, operating profit of ¥8 billion and EBITDA of more than ¥10 billion could not be achieved and has moved to formulating its next medium-term management plan. - FY2019-Q3RestatedAnnual report
「Under these circumstances, the Group is pursuing initiatives under its medium-term management plan "TCT-Focus2020," whose final year is the fiscal year ending March 2020 and whose 3 keywords are "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion."」
The Company continues to pursue TCT-Focus2020, whose final year is the fiscal year ending March 2020, and its 3 priority keywords. - FY2019-Q2RestatedAnnual report
「Under these circumstances, the Group is pursuing initiatives under its medium-term management plan "TCT－Focus2020," which has the fiscal year ending March 2020 as its final year and uses "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion" as its 3 keywords.」
The Company continues to pursue TCT－Focus2020, whose final year is the fiscal year ending March 2020, and its 3 priority keywords. - FY2018Providing more detail on target metricsAnnual report
「The Group formulated the 5-year medium-term management plan "TCT－Focus2020," with the fiscal year ending March 2020 as its final year. Using "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion" as its 3 keywords, the Group is working to revitalize all businesses and aims, among other management targets, for consolidated net sales of ¥80 billion, operating profit of ¥8 billion and EBITDA of more than ¥10 billion in the final year.」
In the third year of the medium-term management plan, the Company provided a list of actual results for the current fiscal year and target figures for the fiscal years ending March 2019 and March 2020 for overseas sales ratio, equity ratio, ROE and D/E ratio, in addition to net sales, operating profit and EBITDA, thereby providing more detail on the plan's metrics. - FY2018-Q3RestatedAnnual report
「The Company designated the five-year period from fiscal 2015 as the period for "further strengthening the business foundation" and "launching and executing the growth strategy" and has been implementing measures to sustain growth and social contribution into the future. Specifically, the Company has been pursuing ① the CFCC business in the North American and Indonesian markets, ② proactive development of new markets by capturing infrastructure development demand overseas, ③ restructuring the Steel Cord business, ④ reliably capturing domestic infrastructure demand, and ⑤ strengthening the financial foundation supporting the growth strategy, among other initiatives.」
The Company continues to promote the framework for strengthening the business foundation and pursuing the growth strategy over the 5-year period from fiscal 2015, together with 5 specific initiatives. - FY2018-Q2RestatedAnnual report
「Under these circumstances, the Group is pursuing initiatives under its medium-term management plan "TCT－Focus2020," which has the fiscal year ending March 2020 as its final year and uses "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion" as its 3 keywords.」
The Company continues to pursue TCT－Focus2020, whose final year is the fiscal year ending March 2020, and its 3 priority keywords. - FY2018-Q1RestatedAnnual report
「Under these circumstances, the Group is pursuing initiatives under its medium-term management plan "TCT－Focus2020," which has the fiscal year ending March 2020 as its final year and uses "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion" as its 3 keywords.」
The Company continues to pursue TCT－Focus2020, whose final year is the fiscal year ending March 2020, and its 3 priority keywords. - FY2017Specifying numerical targets and planning keywordsAnnual report
「The Group formulated the 5-year medium-term management plan "TCT－Focus2020," with the fiscal year ending March 2020 as its final year. Using "strengthening the domestic business foundation," "taking on the challenge of new materials and technologies," and "overseas expansion" as its 3 keywords, the Group is working to revitalize all businesses and aims, among other management targets, for consolidated net sales of ¥80 billion, operating profit of ¥8 billion and EBITDA of more than ¥10 billion in the final year.」
In addition to the existing 5-year initiative framework, the Company specified 3 keywords through the fiscal year ending March 2020 and management targets of net sales of ¥80 billion, operating profit of ¥8 billion and EBITDA of more than ¥10 billion. - FY2017-Q2RestatedAnnual report
「The Company designated the five-year period from fiscal 2015 as the period for "further strengthening the business foundation" and "launching and executing the growth strategy" and has been implementing measures to sustain growth and social contribution into the future.」
The Company restates the same framework and specific initiatives for strengthening the business foundation and pursuing the growth strategy over 5 years. - FY2017-Q1First statedAnnual report
「The Company designated the five-year period from fiscal 2015 as the period for "further strengthening the business foundation" and "launching and executing the growth strategy" and has been implementing measures to sustain growth and social contribution into the future. Specifically, the Company has been pursuing ① the CFCC business in the North American and Indonesian markets, ② proactive development of new markets by capturing infrastructure development demand overseas, ③ restructuring the Steel Cord business, ④ reliably capturing domestic infrastructure demand, and ⑤ strengthening the financial foundation supporting the growth strategy, among other initiatives.」
The Company lists 5 specific initiatives under a framework for growth and social contribution covering the 5-year period from fiscal 2015.