Management Targets under Medium-Term Plan 2024
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2021: 8 of 22 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「In the consolidated second quarter accounting period, our group reviewed the objective indicators used to assess progress toward management targets. Demand related to machine tools remained in an adjustment phase amid sluggish economic conditions in Japan and overseas and had not reached a full-scale recovery. As the business environment had changed from the assumptions underlying the plan, we withdrew the quantitative targets set out in Medium-Term Plan 2024, which was formulated to achieve further growth. The basic policy of the plan, “Change! Challenge! 2024! Change what is taken for granted and take on new challenges,” will continue. By promoting business-specific strategies from a medium- to long-term perspective, we will work to enhance corporate value.」
The company reconfirmed its policy of maintaining the status in which the quantitative targets under Medium-Term Plan 2024 had been withdrawn, while continuing the basic policy and medium- to long-term business-specific strategies. - FY2024-Q2DroppedAnnual report
「In the consolidated second quarter accounting period, after considering the external environment and other circumstances, we concluded that achievement of the quantitative targets set out in Medium-Term Plan 2024 appeared difficult at this point and decided to withdraw them.」
The fiscal 2024 quantitative targets under Medium-Term Plan 2024 of an operating margin of 8% or higher, ROE of 8% or higher, and consolidated revenue of ¥24 billion or higher were withdrawn because they were expected to be difficult to achieve. - FY2023-Q3RestatedAnnual report
「The share acquisition rights granted will be subject to performance conditions and may all be exercised if, in the final year of Medium-Term Plan 2024, the fiscal year ending March 2025, the company achieves a consolidated operating margin of 8% and consolidated revenue of ¥24 billion.」
The quantitative targets for the final year of Medium-Term Plan 2024, an operating margin of 8% and revenue of ¥24 billion, were reconfirmed as the exercise conditions for the performance-linked share acquisition rights. - FY2023-Q2RestatedAnnual report
「The stock acquisition rights granted will be subject to performance targets and may all be exercised if, in the final year of Medium-Term Plan 2024, the fiscal year ending March 2025, the consolidated operating margin on sales reaches 8% and consolidated net sales reach ¥24.0 billion.」
The targets under Medium-Term Plan 2024 of an operating margin of 8% or higher and consolidated revenue of ¥24 billion or higher were reconfirmed as the performance conditions for the share acquisition rights. - FY2022First statedAnnual report
「≪Management targets for fiscal 2024≫ ① Consolidated operating margin 8% or higher ② Consolidated ROE 8% or higher ③ Consolidated revenue ¥24 billion or higher」
For Medium-Term Plan 2024, a 3-year plan beginning in fiscal 2022, the company set new quantitative targets for fiscal 2024 of an operating margin of 8% or higher, ROE of 8% or higher, and consolidated revenue of ¥24 billion or higher.