Komori
Toyo Denki Seizo K.K.(Toyo Electric Mfg.Co.,Ltd.) (6505) · TargetSoftened

FY2022 Revenue Above ¥47 Billion and Profit and ROE Targets

First written in FY2018. 10 of 15 entries say "Restated". Latest entry: FY2022.

15entries
5years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2020-Q3RestatedFY2021-Q3 – FY20212018: 220182019: 420192020: 320202021: 320212022: 32022
Same theme, other companies
Setting and achieving performance targets under the medium-term management planA theme 791 companies write about · 75 as a headwind · 1062 as a tailwind

The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 133 companies compared. The sentences above are computed from all 133.Comparing 200 of the theme's 1182 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022SoftenedAnnual report

    「As the Company had not achieved sufficient earnings power to respond to major changes in the business environment, including the decline in rail passenger numbers caused by the COVID-19 pandemic and the review of testing equipment in preparation for vehicle electrification, it ultimately fell substantially short of the planned figures.」

    The Company has explicitly reported a substantial shortfall against the planned figures for its previous medium-term targets, including sales exceeding ¥47 billion.
  2. FY2022-Q3RestatedAnnual report

    「Sales 331 340 330 Operating profit 4.2 4.5 2.5 (Operating margin) (1.3%) (1.3%) (0.8%) Ordinary profit 7.5 7 6 Net profit 9.7 8 7」

    The revised plan for the fiscal year ending May 2022, prepared in light of the prolonged COVID-19 pandemic, has been reiterated as sales of ¥33 billion, operating profit of ¥250 million, ordinary profit of ¥600 million, and net profit of ¥700 million.
  3. FY2022-Q2SoftenedAnnual report

    「Sales 331 340 330 Operating profit 4.2 4.5 2.5 (Operating margin) (1.3%) (1.3%) (0.8%) Ordinary profit 7.5 7 6 Net profit 9.7 8 7」

    In response to the prolonged COVID-19 pandemic, the revised plan for the fiscal year ending May 2022 has been lowered to sales of ¥33 billion, operating profit of ¥250 million, ordinary profit of ¥600 million, and net profit of ¥700 million.
  4. FY2021RestatedAnnual report

    「Regarding the initial targets of sales exceeding ¥47 billion, operating profit of ¥2 billion, and an ROE of 5%, we aim to achieve them within 2 years during the next medium-term management plan beginning in the fiscal year ending May 2023.」

    The targets of sales exceeding ¥47 billion, operating profit of ¥2 billion, and ROE of 5% have been deferred to the next medium-term management plan period, with the policy of achieving them within 2 years reiterated.
  5. FY2021-Q3RestatedAnnual report

    「We aim to achieve within 2 years, during the next medium-term management plan beginning in the fiscal year ending May 2023, our initial targets of sales exceeding ¥47 billion, operating profit of ¥2 billion, and an ROE of 5%.」

    The policy of achieving within 2 years, during the next medium-term management plan beginning in the fiscal year ending May 2023, the targets of sales exceeding ¥47 billion, operating profit of ¥2 billion, and ROE of 5% has been reiterated.
  6. FY2021-Q2SoftenedAnnual report

    「We will build the foundation to achieve within 2 years, during the next medium-term management plan beginning in the fiscal year ending May 2023, our initial targets of sales exceeding ¥47 billion, operating profit of ¥2 billion, and an ROE of 5%.」

    The initial targets of sales exceeding ¥47 billion, operating profit of ¥2 billion, and ROE of 5% have been removed from the targets for achievement in the fiscal year ending May 2022 and deferred to targets for achievement within 2 years during the next medium-term management plan beginning in the fiscal year ending May 2023.
  7. FY2021-Q1RestatedAnnual report

    「Against this backdrop, the Group has been implementing the medium-term management plan “Revitalize 2020 (Revitalize2020)” since July 2018, with the fiscal year ending May 2022 as its final year. Although the Group is currently considering revising its target management figures in response to significant changes in the business environment, it continues to work steadily as one toward the plan's core objective of “strengthening organizational capabilities and rapidly providing high-quality products to customers to establish a leaner business operating structure capable of generating stable profits.”」

    The plan ending in the fiscal year ending May 2022 and the review of the target management figures have been reiterated. While the policy of reviewing the numerical targets remains unchanged, efforts to establish the business operating structure underpinning the plan are continuing.
  8. FY2020SoftenedAnnual report

    「The plan for the fiscal year ending May 2022 is scheduled to be revised in the future, as the spread of COVID-19 in Japan and overseas is expected to affect the Company's performance.」

    The plan for sales exceeding ¥47 billion and other targets for the fiscal year ending May 2022 remains in the table, but is scheduled to be revised in the future due to the impact of COVID-19.
  9. FY2020-Q3RestatedAnnual report

    「The first 2 years, from the fiscal year ending May 2019 through the fiscal year ending May 2020, will be a period for consolidating our foundation, with a focus on improving profitability, our most urgent challenge. The final 2 years, from the fiscal year ending May 2021 through the fiscal year ending May 2022, will be a period of growth aimed at achieving net sales of more than ¥47 billion. We will focus on strategically expanding our business, including overseas, while considering new alliances and M&A.」

    The plan has been reiterated, designating the fiscal years ending May 2019 through May 2020 as a period for improving profitability and the fiscal years ending May 2021 through May 2022 as a growth period aimed at sales exceeding ¥47 billion.
  10. FY2020-Q1RestatedAnnual report

    「The first 2 years, from the fiscal year ending May 2019 through the fiscal year ending May 2020, will be a period for consolidating our foundation, with a focus on improving profitability, our most urgent challenge. The final 2 years, from the fiscal year ending May 2021 through the fiscal year ending May 2022, will be a period of growth aimed at achieving net sales of more than ¥47 billion. We will focus on strategically expanding our business, including overseas, while considering new alliances and M&A.」

    The plan has been reiterated, designating the fiscal years ending May 2019 through May 2020 as a period for improving profitability and the fiscal years ending May 2021 through May 2022 as a growth period aimed at sales exceeding ¥47 billion.
  11. FY2019RestatedAnnual report

    「The first 2 years, from the fiscal year ending May 2019 through the fiscal year ending May 2020, will be a period for consolidating our foundation, with a focus on improving profitability, our most urgent challenge. The final 2 years, from the fiscal year ending May 2021 through the fiscal year ending May 2022, will be a period of growth aimed at achieving net sales of more than ¥47 billion. We will focus on strategically expanding our business, including overseas, while considering new alliances and M&A.」

    The plan has been reiterated, designating the fiscal years ending May 2019 through May 2020 as a period for improving profitability and the fiscal years ending May 2021 through May 2022 as a growth period aimed at sales exceeding ¥47 billion. The plan for the fiscal year ending May 2020 has been revised based on the latest analysis of the business environment.
  12. FY2019-Q3RestatedAnnual report

    「The latter 2 years (the fiscal years ending May 2021 through May 2022) were designated as a period of growth toward achieving revenue above ¥47.0 billion. The company will focus on strategically expanding its business, including overseas, while considering new alliances and M&A.」

    The plan has been reiterated, designating the fiscal years ending May 2021 through May 2022 as a growth period, with targets of sales exceeding ¥47 billion, new alliances and M&A, and overseas expansion.
  13. FY2019-Q2RestatedAnnual report

    「The latter 2 years (the fiscal years ending May 2021 through May 2022) were designated as a period of growth toward achieving revenue above ¥47.0 billion. The company will focus on strategically expanding its business, including overseas, while considering new alliances and M&A.」

    The plan has been reiterated, designating the fiscal years ending May 2021 through May 2022 as a growth period, with targets of sales exceeding ¥47 billion, new alliances and M&A, and overseas expansion.
  14. FY2019-Q1RestatedAnnual report

    「The latter 2 years (the fiscal years ending May 2021 through May 2022) were designated as a period of growth toward achieving revenue above ¥47.0 billion. The company will focus on strategically expanding its business, including overseas, while considering new alliances and M&A.」

    The company is reiterating its plan to designate the fiscal years ending May 2021 through May 2022 as a period of growth, targeting revenue above ¥47.0 billion, new alliances and M&A, and overseas expansion.
  15. FY2018First statedAnnual report

    「The latter 2 years (the fiscal years ending May 2021 through May 2022) were designated as a period of growth toward achieving revenue above ¥47.0 billion. The company will focus on strategically expanding its business, including overseas, while considering new alliances and M&A.」

    For the fiscal year ending May 2022, the company plans revenue above ¥47.0 billion, operating profit of ¥2.0 billion, ordinary profit of ¥2.4 billion, net profit of ¥1.6 billion, ROE of 5.0% and a dividend payout ratio of 30.0%.
Moved together

"Building a Stable Business Earnings Structure" moved the same way as this thread, in the same document, in 2 of its 15 moves.

222222★123456
  1. ★This thread
  2. 1Building a Stable Business Earnings Structure2×
  3. 2Concentration of Sales in the Transportation and Industrial Businesses and Economic Fluctuations2×
  4. 3Limited sourcing options, supply delays, and raw material price fluctuations2×
  5. 4¥400 Million in Equity-Method Investment Profit Through Overseas Affiliate Expansion2×
  6. 5Provision for Future Losses on Customer Contracts2×
  7. 6Guarantees of Borrowings by Affiliates2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Toyo Denki Seizo K.K.(Toyo Electric Mfg.Co.,Ltd.) yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.