Management Objectives under Medium-Term Plan 2021
First written in FY2019. 2 of 7 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 9 of 54 companies on the "Worse" side.
24 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Company has withdrawn the quantitative targets set out in Medium-Term Plan 2021 because they were expected to be difficult to achieve. For reference, the management targets for fiscal 2021 were a consolidated operating margin of at least 10%, consolidated ROE of at least 10% and consolidated net sales of at least ¥26 billion.」
The withdrawal of the quantitative targets under Medium-Term Plan 2021 was reconfirmed in the annual report. - FY2021-Q3RestatedAnnual report
「During the second quarter of the current consolidated fiscal year, the Group reviewed the objective indicators used to assess progress toward its management targets. Due to the significant change in the anticipated business environment resulting from the impact of COVID-19, the Group withdrew the quantitative targets set out in Medium-Term Plan 2021, which was formulated with the aim of achieving sustainable growth. The basic policy stated in the plan, “To become a company that takes on challenges and continues to grow, we aim to further strengthen our corporate foundation over the 3-year period,” will remain in place, and the Group will work to enhance corporate value by pursuing business-specific strategies from a medium- to long-term perspective.」
The withdrawal of the quantitative targets under Medium-Term Plan 2021, namely an operating margin of at least 10%, ROE of at least 10% and net sales of at least ¥26 billion, was reconfirmed, while the basic policy was explained to remain in place. - FY2021-Q2DroppedAnnual report
「After considering the economic environment and other factors during the second quarter of the current consolidated fiscal year, the Company concluded that achieving the quantitative targets set out in Medium-Term Plan 2021 would be difficult at this point and decided to withdraw them. (Reference) Management targets for fiscal 2021 ① Consolidated operating margin 10% or higher ② Consolidated ROE 10% or higher ③ Consolidated net sales ¥26 billion or higher」
The Company withdrew the fiscal 2021 quantitative targets under Medium-Term Plan 2021, namely an operating margin of at least 10%, ROE of at least 10% and net sales of at least ¥26 billion, as they were expected to be difficult to achieve. - FY2020First-year results disclosed (below target levels)Annual report
「As a result, operating income decreased by ¥469 million from the previous consolidated fiscal year to ¥1.86 billion. The operating margin was 8.5%. Basic earnings per share were ¥130.76, and ROE was 9.4%.」
The Company disclosed first-year results under Medium-Term Plan 2021 of an 8.5% operating margin and 9.4% ROE. These were below the fiscal 2021 targets of an operating margin of at least 10%, ROE of at least 10% and net sales of at least ¥26 billion. - FY2020-Q3AdvancedAnnual report
「Conditions for exercising stock acquisition rights* ① The allocated stock acquisition rights are subject to performance targets and may be exercised only if consolidated operating income of at least ¥2.6 billion is achieved in the final year of Medium-Term Plan 2021, the fiscal year ending March 2022.」
The performance target of consolidated operating income of at least ¥2.6 billion in the final year of Medium-Term Plan 2021 was incorporated as an exercise condition for the stock acquisition rights actually issued. - FY2020-Q2Final-year earnings target specified under performance-linked conditionsAnnual report
「The stock acquisition rights are subject to performance targets and may be exercised only if consolidated operating income of at least ¥2.6 billion is achieved in the final year of Medium-Term Plan 2021, the fiscal year ending March 2022.」
As a performance-linked condition related to Medium-Term Plan 2021, the Company specified achievement of consolidated operating income of at least ¥2.6 billion in the final year, the fiscal year ending March 2022, as an exercise condition for the stock acquisition rights. - FY2019First statedAnnual report
「≪Management targets for fiscal 2021≫ ① Consolidated operating margin 10% or higher ② Consolidated ROE 10% or higher ③ Consolidated net sales ¥26 billion or higher」
For Medium-Term Plan 2021, a 3-year plan beginning in fiscal 2019, the Company set specific targets for the fiscal 2021 operating margin, ROE and consolidated net sales for the first time.