A Challenge for Sustainable Evolution: Strong ＫＩＴＡＧＡＷＡ Growing Together with Society
First written in FY2021. 7 of 13 entries say "Advanced", first in FY2022. Latest entry: FY2025-H1.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2025-H1ReframedAnnual report
「The Group began initiatives addressing the four priority issues of “Executing a growth strategy toward revenue of ¥10 billion,” “Balancing expanded production capacity with improved profitability,” “Deepening existing technologies and improving product and service quality,” and “Promoting human capital management supporting technological capabilities,” with the aim of becoming “the one-of-a-kind company supporting the world’s DX” as set out in its newly formulated medium-term management plan, “KITAGAWA 2030.” (Numerical targets for the fiscal year ending June 2030: revenue of ¥10 billion, operating profit of ¥1.5 billion, operating margin of at least 15%, and return on equity (ROE) of at least 12%.)」
The plan’s wording and priority issues were reorganized from the previous “Taking on the Challenge of Sustainable Evolution” to the new “KITAGAWA 2030.” - FY2024-Q3AdvancedAnnual report
「Under these circumstances, the Group entered the final year of its medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society.” With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group continues to address the three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.” As a result, operating results for the cumulative third quarter consolidated accounting period were revenue of ¥4,263 million, up 7.2% year on year, operating profit of ¥488 million, up 47.6%, ordinary profit of ¥501 million, up 48.4%, and quarterly profit attributable to owners of the parent of ¥426 million, up 47.5%.」
In the final year of the medium-term management plan, the Group continued to pursue the three priority areas and recorded cumulative third quarter revenue of ¥4,263 million and operating profit of ¥488 million. - FY2024-Q2AdvancedAnnual report
「Under these circumstances, the Group entered the final year of its medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society.” With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group continues to address the three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.” As a result, operating results for the cumulative second quarter consolidated accounting period were revenue of ¥3,317 million, up 49.4% year on year, operating profit of ¥451 million, up 129.1%, ordinary profit of ¥446 million, up 145.0%, and quarterly profit attributable to owners of the parent of ¥374 million, up 152.0%.」
In the final year of the medium-term management plan, the Company recorded revenue of ¥3,317 million and operating profit of ¥451 million. This describes progress in cumulative results against the previously stated fiscal year ending June 2024 targets of revenue of ¥5,300 million and operating profit of ¥600 million. - FY2024-Q1AdvancedAnnual report
「Under these circumstances, the Group entered the final year of its medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society.” With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group continues to address the three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.”」
The medium-term management plan has entered its final year, and the Group continues to pursue the previous three priority initiatives. - FY2023AdvancedAnnual report
「As a result, the consolidated financial results for the fiscal year were net sales of ¥6,462 million, up 28.4% year on year, operating income of ¥735 million, up 43.5%, ordinary income of ¥804 million, up 19.3%, and net income attributable to owners of the parent of ¥702 million, up 19.5%.」
Against the medium-term management plan’s final-year targets for the fiscal year ending June 2024 of revenue of ¥5,300 million and operating profit of ¥600 million, results in the second year were revenue of ¥6,462 million and operating profit of ¥735 million. The disclosure does not state that the plan targets had been fully achieved. - FY2023-Q3AdvancedAnnual report
「The medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society,” entered its second year. With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group continues to address the three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.” As a result, operating results for the cumulative third quarter consolidated accounting period were revenue of ¥3,978 million, up 16.8% year on year, operating profit of ¥330 million, up 7.3%, ordinary profit of ¥338 million, down 15.1%, and quarterly profit attributable to owners of the parent of ¥289 million, down 14.8%.」
In the cumulative third quarter of the second year of the medium-term management plan, revenue and operating profit exceeded the year-earlier period. Ordinary profit and quarterly profit attributable to owners of the parent, however, fell below the year-earlier period. - FY2023-Q2AdvancedAnnual report
「The medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society,” entered its second year. With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group continues to address the three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.” As a result, operating results for the cumulative second quarter consolidated accounting period were revenue of ¥2,220 million, up 9.1% year on year, operating profit of ¥197 million, up 5.9%, ordinary profit of ¥182 million, up 4.3%, and quarterly profit attributable to owners of the parent of ¥148 million, up 2.5%.」
In the cumulative second quarter of the second year of the medium-term management plan, revenue was ¥2,220 million and operating profit was ¥197 million, both above the year-earlier period. This does not indicate achievement of the fiscal year ending June 2024 targets. - FY2023-Q1RestatedAnnual report
「Under these circumstances, the Group entered the second year of its medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society,” under its management philosophy of “Wisdom and Creativity.” With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group continues to address the three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.”」
The medium-term management plan entered its second year, and the Group continues to pursue the development of a sustainable growth base and the three priority areas. - FY2022AdvancedAnnual report
「As a result, operating results for the consolidated fiscal year were revenue of ¥5,032 million, up 4.4% year on year, operating profit of ¥512 million, down 5.3%, ordinary profit of ¥674 million, up 23.3%, and profit attributable to owners of the parent of ¥588 million, up 19.4%.」
As the first-year results against the fiscal year ending June 2024 targets of revenue of ¥5,300 million and operating profit of ¥600 million, the Company recorded revenue of ¥5,032 million and operating profit of ¥512 million. Revenue increased, but operating profit fell below the previous fiscal year due to higher raw material prices. - FY2022-Q3RestatedAnnual report
「Under these circumstances, the Group formulated a new medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society.” With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group is addressing three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.” (Targets for the fiscal year ending June 2024: revenue of ¥5,300 million and operating profit of ¥600 million.)」
The Group continues to pursue the new medium-term management plan, its three priority areas, and targets of revenue of ¥5,300 million and operating profit of ¥600 million for the fiscal year ending June 2024. - FY2022-Q2RestatedAnnual report
「Under these circumstances, the Group formulated a new medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society.” With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group is addressing three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.” (Targets for the fiscal year ending June 2024: revenue of ¥5,300 million and operating profit of ¥600 million.)」
The Group continues to pursue the medium-term management plan launched in July 2021, its three priority areas, and the targets for the fiscal year ending June 2024 of revenue of ¥5,300 million and operating profit of ¥600 million. - FY2022-Q1RestatedAnnual report
「Under these circumstances, the Group formulated a new medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society.” With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group is addressing three priority areas: “Building a foundation for sustainable growth through technological deepening in existing businesses and concentrating management resources on new businesses”; “Balancing expanded production capacity in line with market expansion with improvements in profitability, competitiveness and product/service quality”; and “Building a vigorous, strong organization and promoting digitalization to support it.” (Targets for the fiscal year ending June 2024: revenue of ¥5,300 million and operating profit of ¥600 million.)」
This reiterates the medium-term management plan launched in July 2021, its three priority areas, and the targets for the fiscal year ending June 2024 of revenue of ¥5,300 million and operating profit of ¥600 million. - FY2021First statedAnnual report
「The Group formulated a new medium-term management plan, “Taking on the Challenge of Sustainable Evolution: Strong KITAGAWA Growing with Society,” which began in July 2021. With the aim of responding to market movements more flexibly and proactively in line with changes in the environment, reliably capturing earnings opportunities, and strengthening a sustainable growth base for the future, the Group will address the following three priority areas. The targets for the fiscal year ending June 2024 are revenue of ¥5,300 million and operating profit of ¥600 million.」
The new plan began in July 2021 and covers the fiscal year ending June 2024, as the successor to the previous medium-term management plan, with final-year targets of revenue of ¥5,300 million and operating profit of ¥600 million.