Building a business portfolio with a focus on ROA
First written in FY2017. 3 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「As numerical targets, the company aims for net sales of ¥3,350 million, operating profit of ¥380 million, an operating margin of 11.5% or more, and ROE of 7.0% or more in the final fiscal year (fiscal 2029).」
Compared with the previous business portfolio policy focused on ROA, the Medium-Term Management Plan 2029 organizes the targets around numerical measures of business profitability, including ROE of at least 7%. - FY2023AdvancedAnnual report
「In addition, we aim to create new growth drivers in adjacent areas by leveraging the strengths and opportunities of our 2 existing businesses.」
The Company is expanding its business portfolio management into the water supply equipment business, based on aging pipeline replacement and earthquake-resistant products; the housing and building equipment business, with non-residential building equipment as a growth area; and the creation of new growth drivers in adjacent areas. - FY2022AdvancedAnnual report
「<Pursuing business portfolio management> In the water supply equipment business, our core business, we will secure demand associated with the replacement of aging pipelines, for which solid demand is expected, while pursuing technology development geared to changes in the operating environment, including highly functional products, and creating new added value. In the housing equipment business, which we position as a growth driver, we will strengthen business development to increase our track record in the non-residential building equipment field and establish it as a new core business and source of revenue.」
The policy of building a business portfolio with a focus on ROA has been translated into a specific allocation of businesses: the water supply equipment business, based on demand for aging pipeline replacement, and the housing equipment business, with non-residential building equipment positioned as a growth driver. - FY2021AdvancedAnnual report
「The ordinary profit margin on sales designated by the Group as a management target was 9.8%, while return on assets (ROA) was 4.4%.」
ROA rose to 4.4% from 4.3% in the previous fiscal year, while the target of an ordinary profit margin of at least 10% was not achieved. - FY2019ROA performance updateAnnual report
「The Company also keeps ROA (return on assets) constantly in focus and aims to improve asset efficiency by building a well-balanced business portfolio. ROA (return on assets) was 4.3%, down 0.4 percentage points year on year.」
While continuing its policy of building a business portfolio with a focus on ROA, the Company's ROA for the year was 4.3%, down 0.4 percentage points from the previous fiscal year. - FY2018RestatedAnnual report
「The Company also keeps ROA (return on assets) constantly in focus and aims to improve asset efficiency by building a well-balanced business portfolio.」
The Company has reiterated its policy of building a business portfolio with a focus on ROA and improving asset efficiency. - FY2017First statedAnnual report
「The Company also keeps ROA (return on assets) constantly in focus and aims to improve asset efficiency by building a well-balanced business portfolio.」
The Company has, for the first time, explicitly stated its policy of focusing on ROA and seeking to improve asset efficiency through its business portfolio.