Updating Financial Targets from the 17 Plan to the 20 Plan
First written in FY2018. 3 of 8 entries say "Advanced", first in FY2022. Latest entry: 2026-07-30.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- 2026-07-30AdvancedRevision of earnings forecasts
「We have revised upward the full-year consolidated earnings forecasts for the fiscal year ending March 2027 as described above, reflecting the stronger-than-expected results and the impact of the weaker yen in the Asia segment, as the overall market remained stable.」
The full-year consolidated earnings forecasts for the fiscal year ending March 2027 were revised upward: revenue from ¥190,900 million to ¥194,100 million, operating profit from ¥10,600 million to ¥11,200 million, ordinary profit from ¥15,000 million to ¥15,900 million, and net income attributable to owners of the parent from ¥8,100 million to ¥8,700 million. The final targets of the 26 Medium-Term Management Plan remain unchanged. - FY2026AdvancedAnnual report
「The Group has set net sales, ordinary profit, the ordinary profit margin, profit attributable to owners of the parent, ROE and the shareholder return ratio as its financial targets under the 26 Medium-Term Plan. The results for the first year and targets for the final year for each indicator are as follows. Net sales ¥190.5 billion ¥210.0 billion Ordinary profit ¥16.1 billion ¥22.0 billion Ordinary profit margin 8.5% 10.5% Profit attributable to owners of the parent ¥9.3 billion ¥12.5 billion ROE 5.6% 8.0% Payout ratio 39.1% At least 40%」
Results for the second year of the 26 Medium-Term Plan were updated and compared with the final targets for the fiscal year ending March 2027. - FY2025ReframedAnnual report
「The Group has set net sales, ordinary profit, the ordinary profit margin, profit attributable to owners of the parent, ROE and the shareholder return ratio as its financial targets under the 26 Medium-Term Plan.」
The targets were updated from those for the fiscal year ending March 2024 under the 23 Medium-Term Plan to those for the fiscal year ending March 2027 under the 26 Medium-Term Plan: net sales of ¥210.0 billion, ordinary profit of ¥22.0 billion, an ordinary profit margin of 10.5%, profit attributable to owners of the parent of ¥12.5 billion, ROE of 8.0% and a payout ratio of at least 40%. - FY2023Update of results for the third year of the 23 Medium-Term PlanAnnual report
「The Group's financial targets under the 23 Medium-Term Plan are net sales of ¥180.0 billion, ordinary profit of ¥21.0 billion, ROE of at least 10%, an equity ratio of at least 45% and a shareholder return ratio of 30% for the final year, the fiscal year ending March 2024. The latest trends for each indicator are as follows.」
Results for the fiscal year ended March 2023 were updated to net sales of ¥178.6 billion, ordinary profit of ¥10.2 billion, ROE of 2.9%, an equity ratio of 50.5% and a shareholder return ratio of 51.4%. - FY2022AdvancedAnnual report
「The financial targets for the final year, the fiscal year ending March 2024, are net sales of ¥180.0 billion, ordinary profit of ¥21.0 billion, ROE of at least 10%, an equity ratio of at least 45% and a shareholder return ratio of 30%.」
The final year of the 23 Medium-Term Plan is the fiscal year ending March 2024, with numerical targets set for net sales, ordinary profit, ROE, the equity ratio and the shareholder return ratio. - FY2020ReframedAnnual report
「Although the consolidated fiscal year under review was the second year of the 20 Medium-Term Plan, which ends in the fiscal year ending March 2021, net sales, operating profit and ordinary profit all fell short of the 20 Medium-Term Plan targets.」
In the second year of the 20 Medium-Term Plan, net sales, operating profit and ordinary profit fell short of plan, and the financial targets were updated under the 23 Medium-Term Plan. - FY2019Disclosure that the first-year targets under the 20 Medium-Term Plan were not achievedAnnual report
「The achievement and progress of the consolidated fiscal year under review, the first year of the 20 Medium-Term Plan, are as follows. Net sales fell short of the target due to the slowdown in the China business and other factors. Operating profit also fell short because the rise in raw material prices exceeded the assumptions made when the plan was formulated, and could not be offset despite efforts to promote cost reductions and cut expenses.」
The targets for the fiscal year ending March 2021 were maintained, while explaining that first-year net sales and operating profit fell below plan. - FY2018First statedAnnual report
「Under the 17 Plan, the financial targets for the fiscal year ending March 2018 were sales of ¥193.3 billion and operating income of ¥26.0 billion. Sales fell short by ¥6.0 billion, or 3.1%, owing mainly to foreign-exchange effects, ending at ¥187.3 billion. Operating income fell short by ¥5.3 billion, or 20.3%, ending at ¥20.7 billion, owing to foreign-exchange effects, corrections related to improper prior-period accounting at FALTEC Co., Ltd. and higher new-vehicle launch costs at its UK subsidiary. Under the 20 Plan, whose final year is the fiscal year ending March 2021, the financial targets are sales of ¥205.8 billion and operating income of ¥24.0 billion.」
After reporting that the 17 Plan's sales and operating-income targets were not achieved, the Company updated its financial targets for the fiscal year ending March 2021 under the 20 Plan to sales of ¥205.8 billion and operating income of ¥24.0 billion.