Management of Key Performance Indicators with a Focus on Operating Margin and ROE
First written in FY2017. 20 of 27 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 8 of 23 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2026Updated with full-year resultsAnnual report
「Target management indicators (consolidated) Fiscal year ended March 2026 actual Revenue ¥826,344 million Operating profit ¥31,034 million Operating margin 3.8% Net income for the year ¥12,871 million Inventory turnover 3.4 times ROIC 3.6% ROE 4.9% Equity ratio 33.8% Net D/E ratio 0.6」
Updated revenue, operating profit, ROIC, ROE, equity ratio, net D/E ratio and other indicators as actual results for the fiscal year ended March 2026 against the final-year targets of "DRIVE NTN100" Final. - FY2026-H1RestatedAnnual report
「There were no significant changes during the interim consolidated accounting period to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, the objective indicators used to assess progress toward management objectives, or its basic policy regarding corporate control.」
The Company states that there were no significant changes to its management policies, strategies, management indicators or financial issues. - FY2025ReframedAnnual report
「Target management indicators (consolidated) Fiscal year ended March 2025 actual Fiscal year ending March 2027 target Revenue ¥825,587 million / ¥830,000 million Operating profit ¥22,959 million / ¥50,000 million Operating margin 2.8% / 6.0% ROIC 2.6% / 6.2% ROE -9.6% / 8.0% Equity ratio 27.2% / 30.0% Net D/E ratio 1.0 / 0.7」
For the final year of "DRIVE NTN100" Final, the Company presents the targets for revenue, operating margin, ROIC, ROE, equity ratio and net D/E ratio alongside actual results for the fiscal year ended March 2025. - FY2024-Q3RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, the objective indicators used to assess progress toward management objectives, or its basic policy regarding corporate control.」
The Company states that there were no significant changes to its policy regarding management indicators, including operating margin, ROA, ROE, free cash flow, inventory turnover and the net D/E ratio. - FY2024-Q2RestatedAnnual report
「There were no significant changes during the first 2 quarters of the fiscal year to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, the objective indicators used to assess progress toward management objectives, or its basic policy regarding corporate control.」
The Company states that there were no significant changes to its management policies and strategies, including its management indicators. - FY2024-Q1RestatedAnnual report
「There were no significant changes during the first quarter of the fiscal year to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, the objective indicators used to assess progress toward management objectives, or its basic policy regarding corporate control.」
The Company states that there were no significant changes to its policy regarding management indicators, including operating margin, ROA, ROE, free cash flow, inventory turnover and the net D/E ratio. - FY2023Updated with full-year resultsAnnual report
「Results for the fiscal year ended March 2023 Consolidated revenue ¥773,960 million Consolidated operating profit ¥17,145 million Free cash flow ¥20,361 million Equity ratio 25.4% Net D/E ratio 1.18 ROIC 2.0% Inventory turnover 3.23 times」
The Company disclosed revenue, operating profit, free cash flow, equity ratio, net D/E ratio, ROIC and inventory turnover as results for the fiscal year ended March 2023 against the final-year targets of its medium-term management plan. - FY2023-Q3RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, the objective indicators used to assess progress toward management objectives, or its basic policy regarding corporate control.」
The Company states that there were no significant changes to its policy regarding management indicators, including operating margin, ROA, ROE, free cash flow, inventory turnover and the net D/E ratio. - FY2022Updated with full-year resultsAnnual report
「The Company aims to achieve an operating margin of at least 10% (1.1% in the current consolidated fiscal year), total asset turnover of at least 1.0 times (0.75 times in the current consolidated fiscal year), and a reduction by half from the current level in the impact of foreign exchange movements on profit.」
The Company disclosed operating margin of 1.1% and total asset turnover of 0.75 times as results for the year against the indicators in its long-term vision. - FY2022-Q3RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, the objective indicators used to assess progress toward management objectives, or its basic policy regarding corporate control.」
The Company states that there were no significant changes to its management indicators and strategies, including operating margin, ROA, ROE, free cash flow, inventory turnover and the net D/E ratio. - FY2022-Q2RestatedAnnual report
「There were no significant changes during the first 2 quarters of the fiscal year to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, the objective indicators used to assess progress toward management objectives, or its basic policy regarding corporate control.」
The Company states that there were no significant changes to its management policies, strategies or indicators. - FY2022-Q1RestatedAnnual report
「There were no significant changes during the first quarter of the fiscal year to the basic management policies and strategies established by the Group, its business and financial issues requiring priority attention, or the objective indicators used to assess progress toward management objectives.」
The Company states that there were no significant changes to its management policies and strategies, including its emphasis on operating margin, ROA and ROE as management indicators. - FY2021ReframedAnnual report
「The Company considers free cash flow, defined as the sum of cash flow generated from operating activities and cash flow used in investing activities, to be one of its key indicators. In addition, it uses inventory turnover and the net D/E ratio as indicators for measuring the strength of its financial position.」
In addition to its previous emphasis on operating margin, ROA and ROE, the Company explicitly identifies free cash flow, inventory turnover and the net D/E ratio as management indicators for its financial position and capital efficiency. - FY2021-Q3RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies, management strategies and business environment established by the Group, its business and financial issues requiring priority attention, or the objective indicators used to assess progress toward management objectives.」
The Company states that there were no significant changes to its management policies and strategies, including its emphasis on operating margin, ROA and ROE as management indicators. - FY2021-Q2RestatedAnnual report
「There were no significant changes during the first 2 quarters of the fiscal year to the basic management policies, management strategies and business environment established by the Group, its business and financial issues requiring priority attention, or the objective indicators used to assess progress toward management objectives.」
The Company states that there were no significant changes to its management policies and indicators, including operating margin, ROA and ROE. - FY2021-Q1RestatedAnnual report
「There were no significant changes during the first quarter of the fiscal year to the basic management policies, management strategies and business environment established by the Group, its business and financial issues requiring priority attention, or the objective indicators used to assess progress toward management objectives.」
The Company states that there were no significant changes to its policy of emphasizing operating margin, ROA and ROE as management indicators. - FY2020-Q2RestatedAnnual report
「There were no significant changes during the first 2 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, management indicators or medium- to long-term strategy. - FY2020-Q1RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, management indicators or medium- to long-term strategy. - FY2019RestatedAnnual report
「The Company emphasizes operating margin, return on assets (ROA), which measures asset efficiency, and return on equity (ROE), and is working to strengthen its management base with the aim of improving these indicators.」
The Company continues its policy of emphasizing operating margin, ROA and ROE and seeking to improve these indicators. - FY2019-Q3RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, management indicators or medium- to long-term strategy. - FY2019-Q2RestatedAnnual report
「There were no significant changes during the first 2 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, management indicators or medium- to long-term strategy. - FY2019-Q1RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, management indicators or medium- to long-term strategy. - FY2018ReframedAnnual report
「The Company emphasizes operating margin, return on assets (ROA), which measures asset efficiency, and return on equity (ROE), and is working to strengthen its management base with the aim of improving these indicators.」
In addition to its previous emphasis on operating margin and ROE, the Company explicitly identifies ROA, which measures asset efficiency, as a key management indicator. - FY2018-Q3RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, target management indicators or medium- to long-term strategy. - FY2018-Q2RestatedAnnual report
「There were no significant changes during the first 2 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, target management indicators or medium- to long-term strategy. - FY2018-Q1RestatedAnnual report
「There were no significant changes during the first 3 quarters of the fiscal year to the basic management policies, target management indicators or medium- to long-term management strategies established by the Group.」
The Company states that there were no significant changes to its management policies, target management indicators or medium- to long-term strategy. - FY2017First statedAnnual report
「Under the medium-term management plan "NTN100," the Company is pursuing measures to strengthen earnings management and improve asset efficiency, with the aim of strengthening its financial position, and places emphasis on operating margin and return on equity (ROE).」
The Company explicitly identifies operating margin and ROE as key indicators for strengthening its financial position.