Medium-Term Management Plan ２０２５: Management Targets for Fiscal 2025
First written in FY2021. 7 of 14 entries say "Restated". Latest entry: FY2026.
Fine Sinter moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 5 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The consolidated fiscal year was also the final year of the previous medium-term management plan, under which the medium-term targets were revenue of ¥40 billion, an 8% operating profit margin, and 10% ROE. As described above, revenue significantly exceeded the target, driven by stronger-than-planned growth in magnetic-material components and the impact of new products at the second site in Thailand. The operating profit margin fell significantly short because structural reforms to address changes in the product mix and an increase in low-volume products progressed too slowly, compounded by the discontinuation of certain core products at the US subsidiary. ROE was negative due in part to the recognition of an impairment loss at the US subsidiary, as described above.」
In the final year of Medium-Term Management Plan 2025, revenue significantly exceeded the target, but the targets of an 8% operating profit margin and 10% ROE were not achieved. The operating profit margin was approximately 2.6% and ROE was -17.0%. The company is transitioning to a new Vision 2030. - FY2025WorsenedAnnual report
「Against the consolidated targets set for the fiscal year of revenue of ¥41 billion, operating profit of ¥300 million, and ROE of -2.6%, actual results were revenue of ¥42.7 billion, operating profit of ¥683 million, and ROE of -1.4%.」
Revenue, operating profit, and ROE exceeded the targets for the fiscal year, but compared with the fiscal 2025 targets under Medium-Term Management Plan 2025 of an 8% operating profit margin and 10% ROE, the actual operating profit margin was approximately 1.6% and ROE was -1.4%. The company states that separate management targets will be established under the next medium-term management plan. - FY2024WorsenedAnnual report
「Against the consolidated targets set for the fiscal year of revenue of ¥40 billion, an operating profit margin of 2.0%, and ROE of -0.6%, actual results were revenue of ¥42.3 billion, an operating profit margin of 1.0%, and ROE of -3.9%.」
Revenue exceeded the annual target of ¥40 billion, but the operating profit margin was 1.0% versus the 2.0% target and ROE was -3.9% versus the 0.6% target, so both fell short. - FY2024-Q1RestatedAnnual report
「Under these circumstances, the Company is working to improve earnings capacity, including by consolidating equipment, strengthen competitiveness and expand sales, transform its business structure by expanding electrification-related products and non-automotive businesses, and advance ESG management.」
The company continues initiatives related to improving earnings capacity, strengthening competitiveness, expanding electric-related products and non-automotive businesses, and ESG management under Medium-Term Management Plan 2025. No change to, or achievement of, the fiscal 2025 targets of an 8% operating profit margin and 10% ROE is disclosed. - FY2023RestatedAnnual report
「As its management targets for fiscal 2025, the company aims to achieve an 8% operating profit margin and 10% ROE even at a revenue level of ¥40 billion, the level before the spread of COVID-19, and to link this to future growth. Specifically, it plans to strengthen competitiveness and improve profitability through manufacturing innovation and other measures, transform its business portfolio for future growth through growth investment, and promote ESG management for sustainable growth.」
The company reaffirmed the targets of revenue of ¥40 billion, an 8% operating profit margin, and 10% ROE for fiscal 2025, as well as the measures of manufacturing innovation, growth investment, business portfolio transformation, and ESG management. - FY2023-Q3RestatedAnnual report
「Under these circumstances, the Company is steadily continuing initiatives aligned with the Medium-Term Management Plan 2025 while strengthening its immediate earnings base.」
There has been no change in the figures or deadlines for the fiscal 2025 targets under Medium-Term Management Plan 2025, and the company continues its initiatives in line with the plan. - FY2023-Q2RestatedAnnual report
「Under these circumstances, the Company is steadily continuing initiatives aligned with the Medium-Term Management Plan 2025.」
The company continues initiatives under Medium-Term Management Plan 2025 involving electrification, Mirai Factory, globally optimized production, new businesses, and ESG management. No change to the fiscal 2025 targets of an 8% operating profit margin and 10% ROE is disclosed. - FY2022RestatedAnnual report
「As its management targets for fiscal 2025, the company aims to achieve an 8% operating profit margin and 10% ROE even at a revenue level of ¥40 billion, the level before the spread of COVID-19, and to link this to future growth. Specifically, it plans to strengthen competitiveness through manufacturing innovation and other measures, transform its business structure for future growth through growth investment, and promote ESG management for sustainable growth.」
The company reaffirmed the fiscal 2025 targets under Medium-Term Management Plan 2025 of revenue of ¥40 billion, an 8% operating profit margin, and 10% ROE, as well as the measures of manufacturing innovation, growth investment, business structure transformation, and ESG management. - FY2022-Q3RestatedAnnual report
「In the first year of the Medium-Term Management Plan 2025, the Company is actively deploying resources toward development for electrification, the construction of a demonstration line for the manufacturing innovation initiative FutureFactory, which combines digital technology with craftsmanship, the development of new businesses including insect-based food to address food-related challenges, and ESG management including initiatives toward carbon neutrality.」
In the first fiscal year of Medium-Term Management Plan 2025, the company continues to invest resources in each initiative. No change to the fiscal 2025 targets of an 8% operating profit margin and 10% ROE is disclosed. - FY2022-Q2RestatedAnnual report
「In the first year of the Medium-Term Management Plan 2025, the Company is actively deploying resources toward development for electrification, the construction of a demonstration line for the manufacturing innovation initiative FutureFactory, which combines digital technology with craftsmanship, the development of new businesses including insect-based food to address food-related challenges, and ESG management including initiatives toward carbon neutrality.」
In the first fiscal year of Medium-Term Management Plan 2025, the company continues to invest resources in electrification, Mirai Factory, new businesses, and ESG management. No change to the fiscal 2025 targets of an 8% operating profit margin and 10% ROE is disclosed. - FY2022-Q1AdvancedAnnual report
「To implement Medium-Term Management Plan 2025, whose first fiscal year is the fiscal year ending March 2022, the company identified strengthening the railway business as one of its basic strategies for promoting business structure transformation. After reviewing the classification in light of future business development, it changed the reporting segment previously called the Powder Metallurgy Products Business to two segments: the Automotive Sintering Business and the Railway Sintering Business.」
In the first fiscal year of Medium-Term Management Plan 2025, the company made strengthening the railway business a specific basic strategy for business structure transformation and split the reporting segment into the Automotive Sintering Business and Railway Sintering Business. - FY2021First statedAnnual report
「As its management targets for fiscal 2025, the company aims to achieve an 8% operating profit margin and 10% ROE even at a revenue level of ¥40 billion, assuming that recovery in the railway and hydraulic businesses will take time, and to link this to future growth. Specifically, it plans to strengthen competitiveness through manufacturing innovation and other measures, transform its business structure for future growth through growth investment, and promote ESG management for sustainable growth.」
For fiscal 2025, the company first explicitly stated its targets of an 8% operating profit margin and 10% ROE based on revenue of ¥40 billion, the level before the spread of COVID-19, as well as the measures of manufacturing innovation, growth investment, business structure transformation, and ESG management.