Medium- to Long-Term Targets for Profitability, Financial Base and Shareholder Returns
First written in FY2016. 27 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-07.
33 other companies' latest entry also says "Restated".
- 2026-08-07RestatedFinancial results presentation
「No change from the announcement in May 2026.」
The company reconfirms that the full-year consolidated earnings forecast for the fiscal year ending March 2027 remains unchanged from the announcement made in May 2026. - FY2026Failure to meet first-year KPIs under Move! 2027; PBR target addedAnnual report
「As a result, the operating profit margin was 4.9% and return on equity (ROE) was 1.7%. Although the targets disclosed in the notice titled "Notice Regarding Revisions to the Consolidated Earnings Forecast for the Full Fiscal Year" dated 14 November 2025 were achieved, the initial targets disclosed in the "Summary of Financial Results for the Fiscal Year Ended March 2025" dated 9 May 2025 were not reached.」
The first-year operating profit margin under Move! 2027 was 4.9% and ROE was 1.7%, falling short of the initial targets, while the revised targets were achieved. The financial strategy also sets a target level of ROE of 8% or higher together with a PBR of 1x or higher. - FY2026-H1AdvancedAnnual report
「Equity ratio (%) 67.8 69.6 69.6」
The equity ratio at the end of the interim consolidated accounting period was 69.6%, maintaining a level above the previous 50% equity-ratio target. It also increased from 67.8% in the same period of the previous year. - FY2025ReframedAnnual report
「The medium-term management plan Move! 2027, announced on 9 May 2025 and covering the fiscal years ending March 2026 through March 2028, sets medium-term targets of revenue of ¥43.5 billion, an operating profit margin of 9.2% and ROE of 8.1%.」
The new medium-term management plan sets targets of revenue of ¥43.5 billion, an operating profit margin of 9.2% and ROE of 8.1%. In light of the previous plan's failure to meet its targets, the plan name, period and financial KPIs have been changed. - FY2025-H1AdvancedAnnual report
「Equity ratio (%) 62.4 67.8 67.3」
The equity ratio at the end of the interim consolidated accounting period was 67.8%, maintaining and improving its level above the previously stated 50% target. It was also higher than the 62.4% recorded at the end of the previous interim consolidated accounting period and the 67.3% at the end of the previous consolidated fiscal year. - FY2024-Q3AdvancedAnnual report
「Equity ratio (%) 62.3 64.0 63.8」
The equity ratio at the end of the third quarter was 64.0%, exceeding the previously stated target of 50%. It also increased from 63.8% at the end of the previous consolidated fiscal year. - FY2024-Q2RestatedAnnual report
「Equity ratio (%) 61.3 62.4 63.8」
The equity ratio at the end of the second quarter was 62.4%, remaining above the 50% target. Compared with 63.8% at the end of the previous consolidated fiscal year and 61.3% in the same period of the previous year, it declined and increased, respectively. - FY2024-Q1AdvancedAnnual report
「Equity ratio 60.4 63.1 63.8」
The equity ratio at the end of the first quarter was 63.1%, remaining above the 50% equity-ratio target set in FY2020. It declined from 63.8% at the end of the previous consolidated fiscal year. - FY2023Failure to meet Reborn 2024 financial KPIs; review under considerationAnnual report
「In the fiscal year ended March 2023, the first year of the medium-term management plan, sales efforts in the household equipment business focused on high-value-added products, including the flagship Continental M17, mainly in markets such as North America and Oceania, producing some results. However, the business struggled in Europe and other regions, including emerging markets, as a result of soaring global prices and monetary tightening. In Japan, sales stagnated following the reversal of stay-at-home demand during the COVID-19 pandemic. In the industrial equipment business, inquiries for desktop robots and Electropress (servo presses) grew steadily, driven by capital investment by companies, particularly manufacturers. However, production was significantly affected by longer lead times for electronic components and higher manufacturing costs resulting from soaring raw material prices, and some products could not be shipped as scheduled. As a result, the business reported an operating loss. Consequently, for the fiscal year ended March 2023, the operating profit margin was 5.5% and return on equity (ROE) was △1.2%, substantially below the target levels.」
Against the medium-term targets of a 10.4% operating profit margin and ROE of 10% or higher, first-year results were an operating profit margin of 5.5% and ROE of △1.2%. Although high-value-added products produced results, slower demand, supply constraints and the operating loss in industrial equipment were cited as factors behind the shortfall. - FY2023-Q3AdvancedAnnual report
「Equity ratio (%) 57.0 62.3 59.5」
The equity ratio at the end of the third quarter was 62.3%, exceeding the previously stated 50% equity ratio target. It also increased from 59.5% at the end of the previous consolidated fiscal year and 57.0% in the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「Equity ratio (%) 56.9 61.3 59.5」
The equity ratio at the end of the second quarter was 61.3%, up from 59.5% at the end of the previous consolidated fiscal year. It remained above the previously stated 50% equity ratio target. - FY2023-Q1AdvancedAnnual report
「Equity ratio 55.6 60.4 59.5」
The equity ratio at the end of the first quarter was 60.4%, exceeding the 50% target set for FY2020. It also increased from 59.5% at the end of the previous consolidated fiscal year. - FY2022RaisedAnnual report
「Under the new medium-term management plan, “Reborn 2024,” we have set targets of a 10.4% operating margin and ROE of at least 10%.」
The new plan raises the targets from an 8% operating margin and 8% ROE under the previous plan to a 10.4% operating margin and ROE of at least 10%. - FY2022AchievedAnnual report
「Although we were significantly affected by these negative factors, we maintained the momentum from the strong performance in the previous fiscal year by implementing measures under the medium-term management plan and responding flexibly to activities during the COVID-19 pandemic. As a result, we secured a certain level of performance and achieved the various numerical targets in the final year as well.」
In the final year of “JANOME 2021 Navigation for the Future,” the company achieved its operating margin, ROE and ROA KPIs of 8%, 8% and 7%, respectively, with actual results of 8.5%, 8.2% and 7.1%. - FY2022-Q3AdvancedAnnual report
「Equity ratio (%) 53.3 57.0 54.7」
The equity ratio at the end of the third quarter was 57.0%, exceeding the 50% equity ratio target set for FY2020. - FY2022-Q1AdvancedAnnual report
「Equity ratio (%) 50.8 55.6 54.7」
The equity ratio at the end of the first quarter was 55.6%, exceeding the 50% equity ratio target set for FY2020. - FY2021-Q3AdvancedAnnual report
「Equity ratio 49.7 53.3 49.7」
The equity ratio at the end of the third quarter was 53.3%, exceeding the 50% equity ratio target set for FY2020. It also increased from 49.7% at the end of the previous consolidated fiscal year and 49.7% in the same period of the previous year. - FY2021-Q2AdvancedAnnual report
「Equity ratio (%) 48.9 52.1 49.7」
The equity ratio at the end of the second quarter was 52.1%, exceeding the 50% equity ratio target set for FY2020. - FY2021-Q1AdvancedAnnual report
「Equity ratio (%) 48.9 50.8 49.7」
The equity ratio at the end of the first quarter was 50.8%, exceeding the 50% equity ratio target set for FY2020. The company did not explicitly state that the overall set of medium- to long-term targets had been achieved. - FY2020RaisedAnnual report
「We aim to maintain capital soundness by targeting an equity ratio of 50%, reduce the cost of capital through the effective use of bank borrowings, and improve ROE.」
The company has set a new equity ratio target of 50%, above the previous medium- to long-term target of 40%. It also states that it will reduce the cost of capital and improve ROE by using bank borrowings. - FY2020SoftenedAnnual report
「In its medium-term management plan, “JANOME 2021 Navigation for the Future,” covering the fiscal years ending March 2020 through March 2022, the Group identified “enhancing corporate value” as one of its management policies and set medium-term targets of an 8% operating margin, 8% return on equity (ROE) and 7% return on assets (ROA).」
The medium-term management plan targets have been changed from the previously stated 10% operating margin, 10% ROE and 10% ROA to 8%, 8% and 7%, respectively. - FY2020-Q3AdvancedAnnual report
「Equity ratio 48.4 49.7 49.4」
The equity ratio at the end of the third quarter was 49.7%, exceeding the medium- to long-term target of 40%. It also increased from 49.4% at the end of the previous consolidated fiscal year, but the company did not explicitly state that the overall set of targets, including the operating margin, ROE, ROA, reliance on interest-bearing debt and dividend payout ratio, had been achieved. - FY2020-Q1AdvancedAnnual report
「Equity ratio 47.5 48.9 49.4」
The equity ratio at the end of the first quarter was 48.9%, exceeding the medium- to long-term target of 40%. It was above 47.5% in the same period of the previous year, but below 49.4% at the end of the previous consolidated fiscal year. - FY2020-Q1AdvancedAnnual report
「21 June 2019 Ordinary General Meeting of Shareholders Common shares 289 15 31 March 2019 24 June 2019 Retained earnings」
The company paid a dividend of ¥15 per share, totaling ¥289 million, for the fiscal year ended March 2019. The dividend increased from the previously stated ¥10 per share, but the company did not explicitly state that the overall set of medium- to long-term targets, including the dividend payout ratio, had been achieved. - FY2019-Q3AdvancedAnnual report
「Equity ratio (%) 46.8 48.4 47.7」
The equity ratio at the end of the third quarter was 48.4%, exceeding the medium- to long-term target of 40%. The company did not explicitly state that the overall set of targets, including the operating margin, ROE, ROA, reliance on interest-bearing debt and dividend payout ratio, had been achieved. - FY2019-Q2AdvancedAnnual report
「Equity ratio (%) 46.2 48.3 47.7」
The equity ratio at the end of the second quarter was 48.3%, exceeding the medium- to long-term target of 40%. It was also above 46.2% in the same period of the previous year and 47.7% at the end of the previous consolidated fiscal year. The company did not explicitly state that the overall set of medium- to long-term targets had been achieved. - FY2019-Q1RestatedAnnual report
「The company has established medium- to long-term targets of a 10% operating margin, 40% equity ratio, 10% return on equity (ROE), 10% return on assets (ROA), and 25% reliance on interest-bearing debt as metrics for a strong equity base, sound financial foundation and capital efficiency. For shareholder returns, it first aims for a 40% dividend payout ratio on a non-consolidated basis, followed by a 30% total payout ratio on a consolidated basis.」
The company reiterates the same medium- to long-term targets for financial indicators and shareholder returns. The equity ratio at the end of the first quarter was 47.5%, slightly below 47.7% at the end of March 2018, but above the 40% target. - FY2018AdvancedAnnual report
「The company has established medium- to long-term targets of a 10% operating margin, 40% equity ratio, 10% return on equity (ROE), 10% return on assets (ROA), and 25% reliance on interest-bearing debt as metrics for a strong equity base, sound financial foundation and capital efficiency. For shareholder returns, it first aims for a 40% dividend payout ratio on a non-consolidated basis, followed by a 30% total payout ratio on a consolidated basis.」
The equity ratio at the end of the fiscal year was 47.7%, exceeding the 40% target. The company also paid a dividend of ¥10 per share. However, the operating margin was approximately 5.1%, ROE was 5.9% and the dividend payout ratio was 29.1%, and the company did not explicitly state that the overall set of financial targets had been achieved. - FY2018-Q3AdvancedAnnual report
「Equity ratio 42.8 46.8 44.4」
The equity ratio at the end of the third quarter was 46.8%, exceeding the medium- to long-term target of 40%. This filing does not newly state that the overall set of financial targets was achieved or indicate progress toward the dividend resumption target. - FY2018-Q2AdvancedAnnual report
「Equity ratio (%) 40.8 46.2 44.4」
The equity ratio at the end of the second quarter was 46.2%, exceeding the medium- to long-term target of 40%. In addition, the company paid a dividend of ¥10 per share for the cumulative period through the quarter and proceeded with repayments of short- and long-term borrowings, but did not explicitly state that the overall set of financial targets had been achieved. - FY2018-Q1AdvancedAnnual report
「Equity ratio (%) 40.7 45.4 44.4」
The equity ratio at the end of the first quarter was 45.4%, 5.4 percentage points above the medium- to long-term target of 40%. It also increased by 1.0 percentage point from 44.4% at the end of the previous consolidated fiscal year. The company paid a dividend of ¥10 per share, but did not explicitly state that the overall set of medium- to long-term targets had been achieved. - FY2017AdvancedAnnual report
「Although we had paid no dividends since the fiscal year ended March 2008, during that period we worked to rebuild the company by strengthening our sound financial foundation and building up retained earnings. As a result, our shareholders’ equity improved and we secured sufficient funds for a certain level of dividends. After comprehensively considering the results for the current fiscal year and our future business development, we paid a dividend of ¥10 per share for the fiscal year.」
The company resumed dividend payments after paying no dividends since the fiscal year ended March 2008, paying ¥10 per share. The equity ratio was 44.4%, while the operating margin was approximately 6.4%, ROE was 7.3% and the dividend payout ratio was 14.6%; the company did not state that the overall set of medium- to long-term targets had been achieved. - FY2017-Q3AdvancedAnnual report
「The company has established medium- to long-term targets of a 10% operating margin, 40% equity ratio, 10% return on equity (ROE), 10% return on assets (ROA), and 25% reliance on interest-bearing debt as metrics for a strong equity base, sound financial foundation and capital efficiency. It aims to eliminate the accumulated deficit in its non-consolidated financial statements during the first year of the current medium-term management plan and resume dividend payments.」
The company reiterates its medium- to long-term targets for financial indicators, elimination of the accumulated deficit and resumption of dividends. The equity ratio at the end of the third quarter was 42.8%, exceeding the 40% target. However, the report does not explicitly state that the overall set of targets was achieved. - FY2017-Q2AdvancedAnnual report
「Equity ratio (%) 40.8」
The equity ratio at the end of the second quarter was 40.8%, exceeding the medium- to long-term target of 40%. Retained earnings also increased from ¥3,609 million at the end of the previous consolidated fiscal year to ¥4,820 million. However, the report does not explicitly state that the overall set of medium- to long-term targets, including the other financial indicators and dividend resumption, was achieved. - FY2017-Q1AdvancedAnnual report
「Based on a resolution passed at the Ordinary General Meeting of Shareholders held on 17 June 2016, the company reduced its capital reserve by ¥823 million to eliminate the deficit.」
In connection with strengthening the financial base and eliminating the accumulated deficit, the company reduced its capital reserve by ¥823 million and eliminated the deficit. This quarterly report does not explicitly state that dividends were resumed or that the medium- to long-term financial targets were achieved. - FY2016First statedAnnual report
「The company has established medium- to long-term targets of a 10% operating margin, 40% equity ratio, 10% return on equity (ROE), 10% return on assets (ROA), and 25% reliance on interest-bearing debt as metrics for a strong equity base, sound financial foundation and capital efficiency. It aims to eliminate the accumulated deficit in its non-consolidated financial statements during the first year of the current medium-term management plan and resume dividend payments. For shareholder returns, it first aims for a 40% dividend payout ratio on a non-consolidated basis, followed by a 30% total payout ratio on a consolidated basis.」
The company disclosed for the first time a set of financial indicators, elimination of the accumulated deficit and resumption of dividends, and the dividend payout ratio and total payout ratio as an integrated set of financial targets. In FY2016, the non-consolidated financial statements showed ¥1,392 million in deficit carried forward, and the company stated that it paid no dividend.