ROE improvement targets
First written in FY2016. 3 of 9 entries say "Reframed", first in FY2023. Latest entry: FY2026.
Toyo Kanetsu K.K. moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「As its consolidated performance targets for fiscal 2027, the company aims to achieve net sales of ¥68.0 billion, operating profit of ¥4.3 billion and ROE of 8%.」
While maintaining the ROE target at 8%, the company has moved the deadline from fiscal 2024 to fiscal 2027 and reset it as a target metric under the new medium-term management plan. - FY2023ReframedAnnual report
「As its consolidated performance targets for fiscal 2024, the company aims to achieve net sales of ¥65.0 billion, operating profit of ¥4.2 billion and ROE of 8%.」
The company is changing from the previous fiscal 2021 ROE target of 5.0% to the new medium-term management plan's target metric of 8.0% ROE for fiscal 2024. - FY2021SoftenedAnnual report
「As its consolidated performance targets for fiscal 2021, the final year of the current medium-term management plan, the company aims to achieve net sales of ¥46.0 billion, operating profit of ¥2.1 billion and ROE of 5.0%.」
The company is changing from its previous fiscal 2020 ROE target of 8.0% to a fiscal 2021 target of 5.0%, lowering the target level. - FY2018WorsenedAnnual report
「ROE was 6.5% for the current consolidated fiscal year, down 4.2 percentage points year on year. The company is also targeting ROE of 7.2% for the fiscal year ending March 2019.」
ROE declined from 10.7% in the previous year to 6.5%, falling below the fiscal 2018 target of 7.2%. - FY2017AdvancedAnnual report
「ROE 10.7% 7.2% 8.0%」
Actual ROE for fiscal 2016 was 10.7%, exceeding the fiscal 2018 target of 7.2% and the fiscal 2020 target of 8.0%. The target period is ongoing, and the targets as a whole have not been completed. - FY2017-Q2RaisedAnnual report
「Based on the basic policy for the capital strategy described above, the company will seek to improve capital efficiency and achieve ROE of at least 8% in fiscal 2020.」
The company changed its ROE targets to 7.2% for fiscal 2018 and 8.0% for fiscal 2020, raising them from the previous targets of 6.5% and 6.7%, respectively. - FY2016First statedAnnual report
「ROE 5.4% 6.5% 6.7%」
Against actual ROE of 5.4% in fiscal 2015, the company has set targets of 6.5% for fiscal 2018 and 6.7% for fiscal 2020.