Sustainable Medium- to Long-Term Growth and Position as a Leading Manufacturer in International Markets
First written in FY2016. 13 of 25 entries say "Restated". Latest entry: 2026-11-13.
The whole theme swung hardest in 2025: 7 of 35 companies on the "Worse" side.
17 other companies' latest entry also says "Restated".
- FY2026Actual results for Year 5 fell short of the medium-term planAnnual report
「Five-year medium-term plan: Net sales ¥30.0 billion, operating income ¥3.1 billion, ROE 8.0% Year 5 results: Net sales ¥27.5 billion, operating income ¥1.58 billion, ROE 5.7%」
For the medium-term plan ending in the fiscal year ending March 2026, Year 5 results were net sales of ¥27.5 billion, operating income of ¥1.58 billion and ROE of 5.7%, below the plan targets. - 2026-05-30OtherGeneral Meetings of Shareholders
「Net sales were ¥27.54 billion, down 1.1% year on year, as the trend of slowing sales finally bottomed out. Operating profit rose 0.3% to ¥1.58 billion due to an improvement in the cost ratio, ordinary profit rose 5.8% to ¥1.58 billion, and profit attributable to owners of the parent rose 22.8% to ¥1.76 billion, including a ¥940 million gain on the sale of investment securities.」
Net sales declined, while operating profit, ordinary profit and profit attributable to owners of the parent all exceeded the prior-year period. The disclosure does not mention achieving or changing any medium- to long-term targets. - FY2026-H1Interim revenue and profit decline amid market adjustmentAnnual report
「As a result, during the interim consolidated accounting period, sales in North America and Indonesia stagnated, resulting in net sales of ¥12,980.135 million, down 9.8% year on year. Operating income declined 44.4% to ¥684.292 million due to the slowdown in sales and continued increases in US tariffs and procurement costs. Ordinary income declined 45.0% to ¥648.029 million, and interim net income attributable to owners of the parent declined 66.9% to ¥431.314 million.」
In relation to performance connected with the medium- and long-term growth targets, net sales, operating income, ordinary income and interim net income fell below the year-earlier period due to stagnation in North American and Indonesian sales and increases in tariffs and procurement costs. - FY2025-H1Interim revenue and profit decline amid market slowdownAnnual report
「As a result, during the interim consolidated accounting period, sales in both Japan and overseas turned downward, resulting in net sales of ¥14,385.936 million, down 14.3% year on year. Operating income declined 37.4% to ¥1,231.676 million, as the decline in sales outweighed the improvement in the cost ratio resulting from reforms to the earnings structure. Ordinary income declined 44.1% to ¥1,178.785 million.」
While reforms to the earnings structure improved the cost ratio, domestic and overseas sales declines caused net sales, operating income and ordinary income to fall below the year-earlier period in relation to medium- and long-term growth. - FY2024AdvancedAnnual report
「Five-year medium-term plan: net sales ¥30 billion, operating profit ¥3.1 billion, ROE 8.0% Actual results for Year 3: net sales ¥33 billion, operating profit ¥3.31 billion, ROE 9.0%」
For the medium-term plan ending in the fiscal year ending March 2026, Year 3 results were net sales of ¥33.0 billion, operating income of ¥3.31 billion and ROE of 9.0%, exceeding the plan targets. - FY2024-Q3AdvancedAnnual report
「As a result, net sales for the nine-month period ended 31 December increased 9.8% year on year to ¥24,302 million, with overseas sales remaining strong overall despite mixed performance. Operating profit increased 62.7% year on year to ¥2,581 million, reflecting the effect of the weaker yen in addition to earnings structure reform. Ordinary profit consequently increased 68.7% to ¥2,676 million, and profit attributable to owners of the parent for the quarter increased 66.1% to ¥1,948 million.」
For sales and profit related to the medium- to long-term growth targets, the Company disclosed nine-month net sales of ¥24,301.529 million, operating profit of ¥2,580.596 million, and profit attributable to owners of the parent for the quarter of ¥1,947.513 million, all above the prior-year period. - FY2024-Q2AdvancedAnnual report
「As a result, net sales for the six-month period ended 30 September increased 12.7% year on year to ¥16,785 million, driven by expanded overseas sales, particularly in North America and Indonesia. Operating profit increased 84.2% year on year to ¥1,967 million, reflecting improved earnings structure as price revisions took effect and transportation costs normalised, as well as upside factors such as the weaker yen. Ordinary profit increased 92.6% to ¥2,110 million, and profit attributable to owners of the parent for the quarter increased 87.4% to ¥1,534 million.」
Sales and profit related to the medium- to long-term growth targets exceeded the prior-year period, driven by expanded overseas sales and improved earnings structure. - FY2023AdvancedAnnual report
「Five-year medium-term plan: net sales ¥30 billion, operating profit ¥3.1 billion, ROE 8.0% Actual results for Year 2: net sales ¥31.4 billion, operating profit ¥2.5 billion, ROE 7.0%」
As actual results for Year 2 against the targets for the fiscal year ending March 2026, net sales of ¥31.4 billion, operating profit of ¥2.5 billion and ROE of 7.0% are shown. - FY2022RestatedAnnual report
「KPI FY ended March 2021 actual FY ended March 2024 target FY ended March 2026 target Net sales ¥21.6 billion ¥26.5 billion ¥30 billion Operating profit ¥700 million ¥2 billion ¥3.1 billion ROE 0.0% 5.5% 8.0%」
The targets for the fiscal years ended March 2024 and March 2026 are reiterated: a world-class global niche company, net sales of ¥30 billion, operating profit of ¥3.1 billion, and ROE of 8%. - FY2021RaisedAnnual report
「・ A world-class global niche company in road construction machinery ・ Medium-term plan: establish a foundation for sales of ¥30 billion ・ Long-term target: grow into a company with sales of ¥50 billion」
In addition to the previous qualitative goal of becoming a leading manufacturer in international markets, the Company specified targets of becoming a world-class global niche company, achieving medium-term sales of ¥30 billion, and achieving long-term sales of ¥50 billion. - FY2020-Q3RestatedAnnual report
「Accordingly, the Company has identified (1) stabilisation of the domestic business, (2) expansion of the overseas business, and (3) development of attractive new products as medium-term management priorities, and will seek a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The goal of becoming a leading manufacturer in international markets through stabilisation of the domestic business, expansion of the overseas business and new product development is reiterated. - FY2020-Q2RestatedAnnual report
「Accordingly, the Company has identified (1) stabilisation of the domestic business, (2) expansion of the overseas business, and (3) development of attractive new products as medium-term management priorities, and will seek a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The goal of becoming a leading manufacturer in international markets through stronger international competitiveness and establishment of a stable earnings structure is reiterated. - FY2019-Q2RestatedAnnual report
「We will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The goal of sustainable medium- to long-term growth and a leading position in international markets is reiterated. - FY2019-Q1RestatedAnnual report
「We will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The goal of sustainable medium- to long-term growth and a leading position in international markets is reiterated. - FY2018RestatedAnnual report
「We will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The goal of sustainable medium- to long-term growth and a leading position in international markets is reaffirmed. - FY2018-Q3RestatedAnnual report
「Accordingly, the Company has identified (1) stabilisation of the domestic business, (2) further expansion of the overseas business, and (3) development of attractive new products and provision of services as medium-term management priorities, and will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The policy of seeking sustainable medium- to long-term growth and a leading position in international markets is reiterated. - FY2018-Q2RestatedAnnual report
「We will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The policy of seeking sustainable medium- to long-term growth and a leading position in international markets is reiterated. - FY2017RestatedAnnual report
「Accordingly, the Company has identified (1) stabilisation of the domestic business, (2) further expansion of the overseas business, and (3) development of attractive new products and provision of services as medium-term management priorities, and will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The policy of seeking sustainable medium- to long-term growth and a leading position in international markets is reiterated. - FY2017-Q3RestatedAnnual report
「Accordingly, the Company has identified (1) stabilisation of the domestic business, (2) further expansion of the overseas business, and (3) development of attractive new products and provision of services as medium-term management priorities, and will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The goal of sustainable medium- to long-term growth and a leading position in international markets is reiterated. - FY2017-Q2RestatedAnnual report
「We will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets by improving international competitiveness and establishing a stable earnings structure through domestic and overseas businesses.」
The policy of seeking sustainable medium- to long-term growth and a leading position in international markets is reiterated. - FY2017-Q1RestatedAnnual report
「We will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets.」
The goals of sustainable medium- to long-term growth and a leading position in international markets are reaffirmed. - FY2016First statedAnnual report
「We will seek sustainable growth over the medium to long term and a position as a leading manufacturer in international markets.」
The Company has set targets of medium- to long-term growth and a leading position in international markets, but gives no figures or specific time frame.