Growth Targets Under the Medium-Term Management Plan “Task 321”
First written in FY2016. 12 of 17 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2022DroppedAnnual reportThis filing does not mention the medium-term management plan "Task321" or the previous targets for net sales, ordinary profit margin and ROE, and presents a new long-term vision extending to 2030.
- FY2021RestatedAnnual report
「The three targets of "Task 321" (formulated under Japanese GAAP) are as follows.」
The annual report repeats Task 321 and its three targets: a 30% increase in net sales (¥400 billion), a 20% ordinary profit margin (¥80 billion) and ROE of 10%. - FY2020RestatedAnnual report
「The three targets of "Task 321" (formulated under Japanese GAAP) are as follows: • Achieve a 30% increase in net sales (compared with fiscal 2015) (amount: ¥400 billion) • Achieve a 20% ordinary profit margin (amount: ¥80 billion) • Achieve ROE of 10%」
The company repeats the Task321 targets of ¥400 billion in net sales, a 20% ordinary profit margin and ROE of 10%. The executive compensation discussion describes the plan as covering fiscal 2016 through fiscal 2021, but does not state that the targets were achieved in the current fiscal year. - FY2020-Q2RestatedAnnual report
「Under these operating conditions, our Group has formulated the medium-term management plan "Task321," with fiscal 2021 as its final year, and is working toward achieving it.」
The company continues to set out the medium-term management plan "Task321," with fiscal 2021 as its final year. The previous numerical targets are not repeated. - FY2020-Q1RestatedAnnual report
「Under these operating conditions, our Group has formulated the medium-term management plan "Task321," with fiscal 2021 as its final year, and is working toward achieving it.」
The company continues to set out the medium-term management plan "Task321," with fiscal 2021 as its final year. The previous numerical targets are not repeated in this filing. - FY2019AdvancedAnnual report
「The three targets of "Task 321" (formulated under Japanese GAAP) are as follows: • Achieve a 30% increase in net sales (¥400 billion compared with fiscal 2015) • Achieve a 20% ordinary profit margin (¥80 billion) • Achieve ROE of 10%」
The annual report repeats the Task321 numerical targets and states that current-year revenue of ¥338,175 million, operating profit of ¥45,316 million and profit for the year attributable to owners of the parent of ¥33,420 million were all record highs. ROE was 7.6% under IFRS and 7.5% under Japanese GAAP. - FY2019-Q3RestatedAnnual report
「Under these operating conditions, our Group is working toward achieving the medium-term management plan "Task321," with fiscal 2021 as its final year.」
The company continues to set out the medium-term management plan "Task321," with fiscal 2021 as its final year. No new numerical targets have been provided. - FY2019-Q2RestatedAnnual report
「Under these operating conditions, our Group has formulated the medium-term management plan "Task321," with fiscal 2021 as its final year, and is working toward achieving it.」
The company continues to set out Task321, with fiscal 2021 as its final year, as presented in the previous quarter. No new numerical targets have been provided. - FY2019-Q1SoftenedAnnual report
「Under these operating conditions, our Group has formulated the medium-term management plan "Task321," with fiscal 2021 as its final year, and is working toward achieving it.」
The previous medium-term management plan had fiscal 2020 as its final year, but this filing describes a plan with fiscal 2021 as its final year and does not repeat the previously stated numerical targets for net sales, ordinary profit margin and ROE. - FY2018AdvancedAnnual report
「Our Group reached its 70th anniversary in September 2016 and has formulated the medium-term management plan "Task321" from fiscal 2016 onward to undertake reforms with a view to the next 10 years and becoming a 100-year company. The three targets of "Task 321" are as follows: • Achieve a 30% increase in net sales (¥400 billion compared with fiscal 2015) • Achieve a 20% ordinary profit margin (¥80 billion) • Achieve ROE of 10%. Progress toward the three targets of the medium-term management plan "Task321" was net sales of ¥300,655 million, ordinary profit of ¥40,616 million (ordinary profit margin of 13.5%) and ROE of 7.0%.」
The company repeats the Task321 targets and reports current-year progress of ¥300,655 million in net sales, a 13.5% ordinary profit margin and ROE of 7.0%. - FY2018-Q3RestatedAnnual report
「As a new step toward becoming a 100-year company, our Group formulated the medium-term management plan "Task 321" for fiscal 2016 through fiscal 2020.」
The company continues to set out the medium-term management plan "Task 321" for fiscal 2016 through fiscal 2020. - FY2018-Q2RestatedAnnual report
「Last year, as our Group approached its 70th anniversary, we formulated the medium-term management plan "Task 321" for fiscal 2016 through fiscal 2020, with a view to the next 10 years and becoming a 100-year company, and to establish a strong operating foundation. To achieve "Task 321," we are making proactive strategic investments, expanding our sales network, strengthening our products, implementing a growth strategy through the establishment of new business models, promoting manufacturing reforms integrating development and production, improving profitability and efficiency by building supply chain management (SCM) using IoT, and improving capital productivity through balance sheet reforms. By enhancing growth, profitability and capital efficiency, we aim to achieve "Task 321."」
The company continues to set out the medium-term management plan "Task 321" for fiscal 2016 through fiscal 2020 and the means of achieving it. The numerical targets are not repeated. - FY2018-Q1RestatedAnnual report
「Last year, as our Group approached its 70th anniversary, we formulated and began implementing the medium-term management plan "Task 321" for fiscal 2016 through fiscal 2020, with a view to the next 10 years and becoming a 100-year company, and to establish a strong operating foundation.」
The company continues to implement the medium-term management plan "Task 321" for fiscal 2016 through fiscal 2020, but this filing does not repeat the numerical targets for net sales and other items. - FY2017RestatedAnnual report
「Our Group reached its 70th anniversary last September and has formulated the medium-term management plan "Task 321" for fiscal 2016 through fiscal 2020 in order to establish a strong operating foundation with a view to the next 10 years and becoming a 100-year company. The three targets of "Task 321" are as follows: • Achieve a 30% increase in net sales (¥400 billion in fiscal 2020) • Achieve a 20% ordinary profit margin (¥80 billion in fiscal 2020) • Achieve ROE of 10%」
The annual report reconfirms the medium-term management plan "Task 321" and its numerical targets for net sales, ordinary profit margin and ROE, with fiscal 2020 as the deadline. - FY2017-Q3RestatedAnnual report
「Under these circumstances, in May last year our Group formulated the five-year medium-term management plan "TASK 3•2•1" and has been implementing a growth strategy based on two pillars: a business strategy centered on differentiated products, including lasers and automation, and services such as improving maintenance quality and providing preventive maintenance using IoT; and a regional strategy including expanding our market share overseas. We have also been implementing various measures to improve profitability, including manufacturing reforms integrating development and production.」
The company continues to implement the five-year medium-term management plan "TASK 3•2•1," along with its business and regional strategies and measures to improve profitability. - FY2017-Q2RestatedAnnual report
「Under these circumstances, in May this year our Group formulated the five-year medium-term management plan "TASK 3•2•1" and has been implementing a growth strategy based on two pillars: a business strategy centered on differentiated products, including lasers and automation, and services such as improving maintenance quality and providing preventive maintenance using IoT; and a regional strategy including expanding our market share overseas. We have also been implementing various measures to improve profitability, including manufacturing reforms integrating development and production.」
The company states that it continues to implement the five-year "TASK 3•2•1," but the previous numerical targets themselves are not repeated in this filing. - FY2016First statedAnnual report
「As our Group approaches its 70th anniversary this September, we have formulated a new medium-term management plan, "Task 321," covering the fiscal year ending March 2020, to undertake reforms with a view to the next 10 years and becoming a 100-year company. The three targets of "Task 321" are as follows: • Achieve a 30% increase in net sales (¥400 billion) • Achieve a 20% ordinary profit margin (¥80 billion) • Achieve ROE of 10%」
The company has set three numerical targets for the fiscal year ending March 2020: net sales, ordinary profit margin and ROE.