Ordinary profit margin on sales of at least 15% and emphasis on management efficiency
First written in FY2017. 2 of 9 entries say "Worsened", first in FY2019. Latest entry: FY2025.
Hamai Industries Ltd moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 9 of 32 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2025Key efficiency indicator changed from ROIC to ROE; operating profit margin remains below targetAnnual report
「The Company has set a target operating profit margin of at least 10% from the perspective of management profitability, and has identified ROA and ROE as key management efficiency indicators. Operating profit margin 5.3% 9.7% 9.1% 9.2% 9.6% ROA 2.3% 4.7% 4.3% 1.8% 4.3% ROE 3.1% 6.6% 5.8% 2.4% 5.6%」
The target operating profit margin of at least 10% has been maintained, and the actual margin improved from 9.2% in the previous fiscal year to 9.6%, but remains below target. The efficiency indicator changed from ROIC in the previous fiscal year to ROE, and both ROA and ROE improved. - FY2024Operating profit margin improved but remained below target; ROA declinedAnnual report
「The Company has set a target operating profit margin of at least 10% from the perspective of management profitability, and has identified ROA and ROIC as key management efficiency indicators. Operating profit margin 5.9% 5.3% 9.7% 9.1% 9.2% ROA 2.1% 2.3% 4.7% 4.3% 1.8% ROIC 2.7% 2.8% 5.6% 5.0% 5.4%」
The operating profit margin improved from 9.1% in the previous fiscal year to 9.2%, but remained below the target of at least 10%. ROIC increased from 5.0% to 5.4%, while ROA declined from 4.3% to 1.8%. - FY2023WorsenedAnnual report
「The Company has set a target operating profit margin of at least 10% from the perspective of management profitability, and has identified ROA and ROIC as key management efficiency indicators. Operating profit margin 3.7% 5.9% 5.3% 9.7% 9.1% ROA 1.3% 2.1% 2.3% 4.7% 4.3% ROIC 1.7% 2.7% 2.8% 5.6% 5.0%」
The target operating profit margin of at least 10% has been maintained, but the actual margin declined from 9.7% in the previous fiscal year to 9.1%, and ROA and ROIC also declined. The target level remains unmet. - FY2022Profitability and efficiency indicators improved despite the target remaining unmetAnnual report
「The Company has set a target operating profit margin of at least 10% from the perspective of management profitability, and has identified ROA and ROIC as key management efficiency indicators. Operating profit margin 5.6% 3.7% 5.9% 5.3% 9.7% ROA 1.8% 1.3% 2.1% 2.3% 4.7% ROIC 2.7% 1.7% 2.7% 2.8% 5.6%」
The target operating profit margin of at least 10% has been maintained, and the actual margin increased from 5.3% in the previous fiscal year to 9.7%. ROA and ROIC also increased, but the operating profit margin remains below the target level. - FY2021ReframedAnnual report
「The Company has set a target operating profit margin of at least 10% from the perspective of management profitability, and intends to operate its business with an emphasis on ROA and return on invested capital (ROIC) as management efficiency indicators.」
The indicators have changed from the previous focus on an ordinary profit margin of at least 10%, ROA and ROE to a focus on an operating profit margin of at least 10%, ROA and ROIC. The actual operating profit margin was 5.3%, below the target. - FY2020Profitability and efficiency indicators improved despite the target remaining unmetAnnual report
「Ordinary profit margin 11.2% 7.6% 6.1% 4.3% 6.9% ROA 2.9% 2.5% 1.8% 1.3% 2.1% ROE 3.7% 3.3% 2.4% 1.7% 2.8%」
The target ordinary profit margin of at least 10% has been maintained, while the actual margin improved from 4.3% to 6.9%, and ROA and ROE also increased from the previous fiscal year. However, the ordinary profit margin remains below the target level. - FY2019WorsenedAnnual report
「The Company aims to operate profitably, focusing on improving quality, thorough cost management and continuous technological development, with a target ordinary profit margin of at least 10%. Ordinary profit margin 6.9% 11.2% 7.6% 6.1% 4.3% ROA 1.4% 2.9% 2.5% 1.8% 1.3% ROE 1.9% 3.7% 3.3% 2.4% 1.7%」
The target ordinary profit margin of at least 10% has been maintained, but the actual margin declined from 6.1% in the previous fiscal year to 4.3%. ROA declined from 1.8% to 1.3%, and ROE from 2.4% to 1.7%. - FY2018SoftenedAnnual report
「The Company aims to operate profitably, focusing on improving quality, thorough cost management and continuous technological development, with a target ordinary profit margin of at least 10%.」
The target ordinary profit margin of at least 15% set in the previous fiscal year has changed to at least 10% in the current fiscal year. The policies of improving quality, managing costs, pursuing continuous technological development and emphasizing ROA and ROE have continued. - FY2017First statedAnnual report
「The Company aims to operate profitably, focusing on improving quality, thorough cost management and continuous technological development, with a target ordinary profit margin of at least 15%. At the same time, it intends to focus on operating its business with an emphasis on management efficiency indicators such as return on assets (ROA) and return on equity (ROE).」
The Company has stated an ordinary profit margin of at least 15% as a numerical target for the first time, citing quality improvement, cost management and continuous technological development as means of achieving it. It also states that ROA and ROE are key priorities.