Medium- to long-term ROE of 8.0% or more
First written in FY2019. 4 of 12 entries say "Raised", first in FY2024. Latest entry: 2026-10-30.
The whole theme swung hardest in 2020: 27 of 115 companies on the "Worse" side.
18 other companies' latest entry also says "Softened".
- FY2026RaisedAnnual report
「In light of these circumstances, we will partially reconsider our growth strategy and restructure the business to improve expected returns, create sustainable business and shareholder value, and achieve ROE of more than 9% and PBR of more than 1x at an early stage.」
The target level was raised from the previous ROE target of 8.6% to more than 9%, with the company also aiming to achieve PBR of more than 1x at an early stage. Meanwhile, ROE for the fiscal year was 1.0%. - FY2025AdvancedAnnual report
「During the consolidated fiscal year under review, FY2024, revenue was ¥22,040 million, operating income was ¥1,573 million, the operating margin on revenue was 7.1%, ROE was 3.1%, and the payout ratio was 33.4%, owing to a recovery in sales in the apparel machinery business and cost improvements.」
ROE was 3.1% in FY2024, compared with the FY2026 target of 8.6%. It improved from negative 0.3% in the previous fiscal year but remains below the target level. - FY2024RaisedAnnual report
「Under the medium-term management plan beginning in FY2024, the Group aims to achieve sustainable growth and enhance corporate value over the medium to long term, with targets for FY2026 of revenue of ¥30 billion, operating income of ¥3.2 billion, an operating margin of 10.5%, ROE of 8.6%, and a payout ratio of 30% or more.」
The FY2026 ROE target was raised to 8.6%, from the previous medium- to long-term target of 8.0% or more. - FY2022AdvancedAnnual report
「In the consolidated fiscal year under review, the operating margin on revenue improved from 4.2% in the previous consolidated fiscal year to 9.0%, against the medium- to long-term target of 10% or more, due to a recovery in the industrial sewing machine business. ROE also improved from 3.3% to 6.8%.」
ROE improved from 3.3% in the previous fiscal year to 6.8%, approaching the medium- to long-term target of 8.0% or more, but remains below the target. - FY2021AdvancedAnnual report
「ROE was 3.3% in the consolidated fiscal year under review, compared with negative 1.0% in the previous consolidated fiscal year.」
ROE improved from negative 1.0% in the previous fiscal year to 3.3%, but remains below the medium- to long-term target of 8.0% or more. - FY2020WorsenedAnnual report
「For the fiscal year, the operating margin was 3.3% against the medium- to long-term target of 10% or higher due to the downturn in the sewing machine business. ROE was negative 1.0%, compared with 9.5% in the previous fiscal year.」
ROE declined from 9.5% in the previous fiscal year to negative 1.0%, falling below the medium- to long-term target of 8.0% or more. - FY2020-Q2RestatedAnnual report
「The Group has no material changes to, or newly arising issues among, the business and financial matters it needs to address.」
This quarterly report does not state any changes to, or new content regarding, the medium- to long-term capital efficiency target itself. - FY2019First statedAnnual report
「The Group aims to achieve an operating margin on revenue of 10% or more over the medium to long term and ROE, a measure of capital efficiency, of 8.0% or more, and is working to sustainably enhance corporate value.」
An ROE target of 8.0% or more was explicitly stated for the first time as a medium- to long-term management target. ROE for the consolidated fiscal year under review was 9.5%.