Management Based Primarily on the Ordinary Profit Margin on Net Sales and Other Key Management Indicators
First written in FY2018. 4 of 20 entries say "Worsened", first in FY2021. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Profit margin target missed; ROE and other metrics improvedAnnual report
「Ordinary profit margin on sales Fiscal year ended March 2025 7.2% Fiscal year ending March 2026 5.5% ROE (Return on equity) -2.3% 1.9% EPS (Net income per share) -¥101.39 ¥84.05 Equity ratio 76.9% 77.3%」
Although the ordinary profit margin on sales was 5.5%, below the target of at least 9.2%, ROE, EPS and the equity ratio improved from the previous fiscal year. - 2026-04-24WorsenedRevision of earnings forecasts
「As a result, both ordinary profit and net income fell below the initial forecast.」
For the fiscal year ending March 2026, consolidated results were net sales of ¥5,437 million, operating profit of ¥287 million, ordinary profit of ¥300 million and net income of ¥198 million, with each profit figure below the full-year forecast. - FY2026-H1Interim equity ratio 76.4%Annual report
「Equity ratio (%) 77.4 76.4 76.9」
The equity ratio was 76.4% at the end of the interim consolidated accounting period, below 77.4% in the same period of the previous year and 76.9% at the end of the previous consolidated fiscal year. - FY2025WorsenedAnnual report
「Ordinary profit margin on sales Fiscal year ended March 2024 7.6% Fiscal year ended March 2025 7.2% ROE (Return on equity) 2.9% -2.3% EPS (Net income per share) ¥131.64 -¥101.39 Equity ratio 81.4% 76.9%」
The ordinary profit margin on sales was 7.2%, ROE was -2.3%, EPS was -¥101.39 and the equity ratio was 76.9%, indicating deterioration in the key metrics. The target of an ordinary profit margin on sales of at least 9.2% was also missed. - FY2025-H1Interim equity ratio 77.4%Annual report
「Equity ratio (%) 79.8 77.4 81.4」
The equity ratio was 77.4% at the end of the interim consolidated accounting period, below 79.8% in the same period of the previous year and 81.4% at the end of the previous consolidated fiscal year. - FY2025-Q1WorsenedAnnual report
「Equity ratio (%) 79.4 73.8 81.4」
The equity ratio was 73.8% at the end of the first quarter, below 79.4% in the same period of the previous year and 81.4% at the end of the previous consolidated fiscal year. - FY2024-Q3Equity ratio 80.3%Annual report
「Equity ratio (%) 79.8 80.3 80.1」
The equity ratio was 80.3% at the end of the third quarter, above both 79.8% in the same period of the previous year and 80.1% at the end of the previous consolidated fiscal year. - FY2024-Q2Equity ratio 79.8%Annual report
「Equity ratio (%) 78.6 79.8 80.1」
The equity ratio was 79.8% at the end of the second quarter, above 78.6% in the same period of the previous year but below 80.1% at the end of the previous consolidated fiscal year. - FY2024-Q1Equity ratio: 79.4%Annual report
「Equity ratio (%) 78.3 79.4 80.1」
The equity ratio rose from 78.3% in the same period of the previous year to 79.4%, but declined from 80.1% at the end of the previous consolidated fiscal year. - FY2023-Q3Equity ratio 79.8%Annual report
「Equity ratio (%) 66.5 79.8 77.1」
The equity ratio was 79.8% at the end of the third quarter, above both 66.5% in the same period of the previous year and 77.1% at the end of the previous consolidated fiscal year. - FY2023-Q1Equity ratio 78.3%Annual report
「Equity ratio (%) 62.6 78.3 77.1」
The equity ratio was 78.3% at the end of the first quarter, compared with 62.6% in the same period of the previous year and 77.1% at the end of the previous fiscal year. - FY2022Primary management indicators improved, but targets missedAnnual report
「In the consolidated fiscal year under review, the ordinary profit margin on sales, ROE and equity ratio declined from the previous fiscal year, primarily because the spread of COVID-19 had a significant impact on business performance.」
Actual results were an ordinary profit margin on sales of 7.7%, ROE of 4.4%, EPS of ¥203.92 and an equity ratio of 77.1%. Although the ordinary profit margin on sales improved, the result fell short of the target of 9.2% or higher. - FY2022-Q2Equity ratio 62.5%Annual report
「Equity ratio (%) 68.9 62.5 62.2」
The equity ratio was 62.5% for the six months ended 30 September, above the 62.2% at the end of the previous consolidated fiscal year but below the 68.9% in the same period of the previous year. - FY2022-Q1Slight Increase in Equity RatioAnnual report
「Equity ratio (%) 69.3 62.6 62.2」
The equity ratio was 62.6% for the three months ended 30 June, a slight increase from 62.2% at the end of the previous consolidated fiscal year. - FY2021WorsenedAnnual report
「Ordinary profit margin on sales Fiscal year ended March 2020 9.4% Fiscal year ended March 2021 6.7%; ROE (return on equity) 6.2% 3.5%; Equity ratio 73.4% 62.2%」
The ordinary profit margin on sales, ROE and equity ratio, among the primary management indicators, declined from the previous fiscal year, quantifying the challenges to achieving the targets. - FY2021-Q3Decline in equity ratio to 68.1%Annual report
「Equity ratio (%) 73.4 68.1 73.4」
The equity ratio, a stated management indicator, was 68.1% for the nine months ended 31 December, down from 73.4% at the end of the previous consolidated fiscal year. - FY2021-Q2RestatedAnnual report
「Revenue for the six months ended 30 September was ¥3,703 million (down ¥1,183 million, or 24.2%, year on year)」
Although revenue and earnings deteriorated, no material changes to the numerical targets for management indicators themselves were disclosed. - FY2020Explicit numerical targetsAnnual report
「The Group has set targets of ① an ordinary profit margin on sales of 9.2% or higher, and ② improvements in ROE (return on equity), EPS (earnings per share) and the equity ratio.」
In addition to listing its previous management indicators, the company has explicitly set targets of an ordinary profit margin on sales of 9.2% or higher and improvements in ROE, EPS and the equity ratio. - FY2019RestatedAnnual report
「The Group uses the ordinary profit margin on sales, ROE (return on equity), EPS (earnings per share) and the equity ratio as its primary management indicators.」
The company reconfirmed its policy of using the ordinary profit margin on sales, ROE, EPS and the equity ratio as its primary management indicators. - FY2018First statedAnnual report
「The Group uses the ordinary profit margin on sales, ROE (return on equity), EPS (earnings per share) and the equity ratio as its primary management indicators.」
The company has stated for the first time that the ordinary profit margin on sales, ROE, EPS and the equity ratio are its primary management indicators, but has not provided specific target levels or deadlines.