2024 Medium-Term Management Plan: Growth, Profitability, Cash Generation and Capital Efficiency Targets
First written in FY2022. 1 of 4 entries say "Softened", first in FY2023. Latest entry: FY2025.
0 other companies' latest entry also says "Other".
- FY2025Updated final results for the 2024 Mid-term Management PlanAnnual report
「Under the 2024 Mid-term Management Plan, the results for the current consolidated fiscal year for the main indicators used as management targets were: revenue growth rate, 14% (target: 5–7%); Adjusted EBITA margin, 11.7% (target: 12%); ROIC, 10.9% (target: 10%); EPS growth rate, 18% (target: 10–14%); and core free cash flow, ¥1.8 trillion (target: ¥1.2 trillion).」
Final-year results for the 2024 Mid-term Management Plan were disclosed. Revenue growth, ROIC, EPS growth and core free cash flow exceeded their targets, while the Adjusted EBITA margin was 11.7% against the 12% target. - FY2024AdvancedAnnual report
「Revenue growth (FY2021–FY2023 CAGR) was 13%, the Adjusted EBITA margin was 10.1%, ROIC was 8.7%, EPS was ¥634.57, and core free cash flow (cumulative for FY2022–FY2023) was ¥987.9 billion.」
Progress against the targets of the 2024 Mid-term Management Plan was updated. Revenue growth of 13% exceeded the target of 5–7% and EPS of ¥634.57 exceeded the target of ¥600, while the Adjusted EBITA margin of 10.1% versus the 12% target, ROIC of 8.7% versus the 10% target, and core free cash flow of ¥987.9 billion represented progress toward the 3-year cumulative target of ¥1.2 trillion. - FY2023SoftenedAnnual report
「In connection with the deconsolidation of listed subsidiaries and the planned deconsolidation of Hitachi Astemo, we changed the core free cash flow target (cumulative for 3 years) from ¥1.4 trillion to ¥1.2 trillion.」
The core free cash flow target under the 2024 Mid-term Management Plan was reduced from ¥1.4 trillion to ¥1.2 trillion due to the deconsolidation of listed subsidiaries and Hitachi Astemo. - FY2022First statedAnnual report
「Under the 2024 Mid-term Management Plan, the following indicators are management performance targets: FY2024 targets: annual revenue growth rate (FY2021–FY2024 CAGR), 5–7%; Adjusted EBITA margin, 12%; EPS growth rate (FY2021–FY2024 CAGR), 10–14%; core free cash flow (cumulative for 3 years), ¥1.4 trillion; return on invested capital (ROIC), 10%.」
With FY2024 as the deadline, we established new management targets using revenue growth, the Adjusted EBITA margin, EPS growth, core free cash flow and ROIC.