Komori
BayCurrent (6532) · TargetAdvanced

Maintain 15–20% growth in revenue and profit

First written in FY2018. 19 of 35 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-10-15.

35entries
9years
7from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020-Q1 – FY2021AdvancedFY2024 – 2026-10-152018: 220182019: 420192020: 320202021: 420212022: 320222023: 420232024: 420242025: 220252026: 92026
Same theme, other companies
Growth Rate Targets for Revenue and Ordinary ProfitA theme 15 companies write about · 1 as a headwind · 14 as a tailwind

The whole theme swung hardest in 2018: 2 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "First stated".

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 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1AdvancedAnnual report

    「Under its current medium-term management plan, the Group aims to become a comprehensive partner that solves the management issues of leading companies. It aims to achieve sustained annual revenue growth of approximately 20% during the fiscal years ending February 2025 through February 2029, with targets of revenue of ¥250 billion and an EBITDA margin of 30% to 40% for the fiscal year ending February 2029. To achieve these targets, during the interim consolidated accounting period the Group recruited and developed highly capable personnel, promoted its core client strategy, and strengthened services that address clients' management issues from multiple perspectives. As a result, revenue increased 35.7% year on year and EBITDA increased 29.4% year on year during the interim consolidated accounting period.」

    Against the plan for revenue of ¥250 billion and an EBITDA margin of 30% to 40% for the fiscal year ending February 2029, revenue increased 35.7% and EBITDA increased 29.4% during the interim consolidated accounting period.
  2. FY2026AdvancedAnnual report

    「Under its current medium-term management plan, the company aims to become “a comprehensive partner that solves the management challenges of leading companies.” It aims to achieve continued annual revenue growth of approximately 20% from the fiscal year ending February 2025 through the fiscal year ending February 2029, with targets for the fiscal year ending February 2029 of revenue of ¥250 billion and an EBITDA margin of 30–40%. During the consolidated fiscal year, it recruited and trained talented personnel, advanced its core client strategy and strengthened services that address clients’ management challenges from multiple perspectives. As a result, revenue increased by 27.8% from the previous fiscal year, EBITDA increased by 19.9%, and the EBITDA margin was 35.1%, within the planned range.」

    Against the medium-term plan’s targets for the fiscal year ending February 2029 of revenue of ¥250 billion and an EBITDA margin of 30–40%, FY2026 revenue increased by 27.8%, EBITDA increased by 19.9% and the EBITDA margin was 35.1%, indicating full-year progress within the planned range.
  3. 2026-05-01AdvancedGeneral Meetings of Shareholders

    「売上収益の年率約20%を目安とした継続的な成長を実現し、2029年2月期における売上収益:2,500億円、EBITDAマージン:30〜40%を達成することを目標としております。」

    2029年2月期の売上収益2,500億円およびEBITDAマージン30〜40%の目標が維持され、通期実績は売上収益148,332百万円となった。
  4. FY2026-H1AdvancedAnnual report

    「Under its current medium-term management plan, the group aims to become “a comprehensive partner that solves the management challenges of leading companies.” It aims to achieve continued annual revenue growth of approximately 20% from the fiscal year ending February 2025 through the fiscal year ending February 2029, with targets for the fiscal year ending February 2029 of revenue of ¥250 billion and an EBITDA margin of 30–40%. As a result, during the interim consolidated accounting period, revenue increased by 26.6% from the same period of the previous year, EBITDA increased by 27.7%, and the EBITDA margin was 34.7%, within the planned range.」

    Against the plan’s targets for the fiscal year ending February 2029 of revenue of ¥250 billion and an EBITDA margin of 30–40%, revenue during the interim consolidated accounting period increased by 26.6%, EBITDA increased by 27.7% and the EBITDA margin was 34.7%, indicating progress within the planned range.
  5. FY2025AdvancedAnnual report

    「Under its current medium-term management plan, the company aims to become “a comprehensive partner that solves the management challenges of leading companies.” It aims to achieve continued annual revenue growth of approximately 20% from the fiscal year ending February 2025 through the fiscal year ending February 2029, with targets for the fiscal year ending February 2029 of revenue of ¥250 billion and an EBITDA margin of 30–40%.」

    Against the new medium-term management plan, FY2025 revenue increased by 23.6%, EBITDA increased by 23.2% and the EBITDA margin was 37.5%, indicating full-year progress within the target range.
  6. FY2025-H1AdvancedAnnual report

    「Under its current medium-term management plan, the company aims to become “a comprehensive partner that solves the management challenges of leading companies.” It aims to achieve continued annual revenue growth of approximately 20% from the fiscal year ending February 2025 through the fiscal year ending February 2029, with targets for the fiscal year ending February 2029 of revenue of ¥250 billion and an EBITDA margin of 30–40%. During the interim accounting period, it recruited and trained talented personnel, advanced its core client strategy and strengthened services that address clients’ management challenges from multiple perspectives. As a result, revenue increased by 23.7% from the same period of the previous year, EBITDA increased by 17.4%, and the EBITDA margin was 34.4%, within the planned range.」

    Against the new medium-term management plan’s targets of revenue of ¥250 billion, annual growth of approximately 20% and an EBITDA margin of 30–40%, revenue increased by 23.7% during the interim accounting period, EBITDA increased by 17.4%, and the EBITDA margin was 34.4%, indicating progress within the planned range.
  7. FY2025-Q1AdvancedAnnual report

    「Under its current medium-term management plan, the company aims to become “a comprehensive partner that solves the management challenges of leading companies.” It aims to achieve continued annual revenue growth of approximately 20% from the fiscal year ending February 2025 through the fiscal year ending February 2029, with targets for the fiscal year ending February 2029 of revenue of ¥250 billion and an EBITDA margin of 30–40%. During the cumulative first-quarter period, it recruited and trained talented personnel, advanced its core client strategy and strengthened services that address clients’ management challenges from multiple perspectives. As a result, revenue increased by 25.7% from the same period of the previous year, EBITDA increased by 19.2%, and the EBITDA margin was 35.4%, within the planned range.」

    Against the new medium-term management plan’s targets of revenue of ¥250 billion, annual growth of approximately 20% and an EBITDA margin of 30–40%, revenue increased by 25.7% in the first quarter and the EBITDA margin was 35.4%, indicating progress within the planned range.
  8. FY2024RaisedAnnual report

    「In the new medium-term management plan announced on 12 April 2024, the company aims to achieve continued annual growth averaging approximately 20% from the fiscal year ending February 2025 through the fiscal year ending February 2029, with a target of revenue of ¥250 billion for the fiscal year ending February 2029. As growth strategies, it will pursue initiatives focused on the core client strategy, expanding capabilities, and recruiting and training talented personnel.」

    The new medium-term management plan expanded the target period and revenue scale from the previous target of revenue of ¥100 billion for the fiscal year ending February 2026 to revenue of ¥250 billion for the fiscal year ending February 2029, with average annual growth of approximately 20%.
  9. FY2024-Q3RestatedAnnual report

    「Under its current medium-term management plan, the company has designated the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms.” It aims to achieve continued annual growth of approximately 20% in both revenue and profit, with targets of revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026. The EBITDA target was achieved in the fiscal year ending February 2023, and the company will continue to provide higher value-added services and actively recruit and train personnel in order to achieve the revenue target ahead of schedule and further expand its business operations.」

    The company reaffirmed its target of approximately 20% annual growth and its targets for the fiscal year ending February 2026 of revenue of ¥100 billion and EBITDA of more than ¥30 billion, as well as its policy of continuing initiatives toward the revenue target after achieving the EBITDA target.
  10. FY2024-Q2RestatedAnnual report

    「Under its current medium-term management plan, the company has positioned the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms,” while targeting continued annual growth of approximately 20% in both revenue and profit and revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The targets of approximately 20% annual growth and revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026 remain unchanged.
  11. FY2024-Q1AdvancedAnnual report

    「Under its current medium-term management plan, the company has designated the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms.” It aims to achieve continued annual growth of approximately 20% in both revenue and profit, with targets of revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026. The EBITDA target was achieved in the fiscal year ending February 2023, but the company will continue to provide higher value-added services and actively recruit and train personnel in order to achieve the revenue target ahead of schedule and further expand its business operations.」

    The company explained that it is maintaining its target of approximately 20% annual growth and its targets for the fiscal year ending February 2026 of revenue of ¥100 billion and EBITDA of more than ¥30 billion, and that the EBITDA target was achieved in the fiscal year ending February 2023. The revenue target remains outstanding, and the company will continue investing in higher value-added services and personnel.
  12. FY2023RestatedAnnual report

    「The company aims to achieve continued annual growth of approximately 20% in both revenue and profit, with targets of revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The targets of revenue of ¥100 billion, EBITDA of more than ¥30 billion and annual growth of approximately 20% for the fiscal year ending February 2026 were reaffirmed.
  13. FY2023-Q3RestatedAnnual report

    「The company announced a new medium-term management plan in April 2021 and positioned the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms,” while pursuing initiatives for sustainable growth over the medium to long term, achieving continued annual growth of approximately 20% in both revenue and profit, and targeting revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The targets of approximately 20% annual growth under the new medium-term management plan and revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026 were reaffirmed.
  14. FY2023-Q2RestatedAnnual report

    「The company announced a new medium-term management plan in April 2021 and positioned the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms,” while pursuing initiatives for sustainable growth over the medium to long term, achieving continued annual growth of approximately 20% in both revenue and profit, and targeting revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The targets of approximately 20% annual growth under the new medium-term management plan and revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026 were reaffirmed.
  15. FY2023-Q1RestatedAnnual report

    「The company announced a new medium-term management plan in April 2021 and positioned the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms,” while pursuing initiatives for sustainable growth over the medium to long term, achieving continued annual growth of approximately 20% in both revenue and profit, and targeting revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The targets of approximately 20% annual growth under the new medium-term management plan and revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026 were reaffirmed.
  16. FY2022-Q3AdvancedAnnual report

    「As a result, sales under Japanese GAAP and revenue under IFRS for the cumulative third quarter increased 36.1% year on year under both standards, while operating profit increased 74.6% under Japanese GAAP and 68.5% under IFRS.」

    Against the new medium-term management plan’s targets of approximately 20% annual growth in revenue and profit, revenue increased by 36.1% during the cumulative third-quarter period, while operating profit increased by 74.6% under Japanese GAAP and 68.5% under IFRS.
  17. FY2022-Q2RestatedAnnual report

    「Under the medium-term management plan announced on 26 April 2021, the company designated the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms.” It aims to achieve continued annual growth of approximately 20% in both revenue and profit, with targets of revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The targets of approximately 20% annual growth under the new medium-term management plan and revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026 were reaffirmed.
  18. FY2022-Q1RestatedAnnual report

    「Under the medium-term management plan announced on 26 April 2021, the company designated the period from the fiscal year ending February 2022 to the fiscal year ending February 2026 as a five-year period for “building a track record as one of Japan’s largest comprehensive consulting firms.” It aims to achieve continued annual growth of approximately 20% in both revenue and profit, with targets of revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The targets of approximately 20% annual growth under the new medium-term management plan and revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026 were reaffirmed.
  19. FY2021RaisedAnnual report

    「The company aims to achieve continued annual growth of approximately 20% in both revenue and profit, with targets of revenue of ¥100 billion and EBITDA of more than ¥30 billion for the fiscal year ending February 2026.」

    The wording was revised from maintaining 15–20% growth to continued growth at an annual rate of approximately 20%, and new numerical targets were set for the fiscal year ending February 2026: revenue of ¥100 billion and EBITDA of more than ¥30 billion.
  20. FY2021-Q3AdvancedAnnual report

    「As a result, sales under Japanese GAAP and revenue under IFRS for the cumulative third quarter increased 30.5% and 30.6% year on year, respectively, while operating profit increased 85.9% under Japanese GAAP and 80.2% under IFRS.」

    Against the medium-term plan’s target of 15–20% growth in revenue and profit, revenue growth during the cumulative third-quarter period was in the 30% range, while operating profit growth was in the 80% range.
  21. FY2021-Q1AdvancedAnnual report

    「Although the medium-term management plan's performance targets for revenue of ¥32,000–35,000 million, EBITDA of approximately ¥7,000 million and profit per share of approximately ¥300 were achieved in the previous fiscal year, the Company continues to target steady growth through the development of existing businesses, including increased staffing and greater added value, as part of its efforts to strengthen the foundation for sustainable growth in the future in the fiscal year ending February 2021.」

    It was explicitly stated that the previous fiscal year saw achievement of the medium-term management plan’s performance targets of revenue of ¥32,000–35,000 million, EBITDA of approximately ¥7,000 million and profit per share of approximately ¥300. Growth and foundation-building efforts are continuing during the plan period.
  22. FY2020AdvancedAnnual report

    「The company is pursuing steady growth by maintaining its previous growth rate of 15–20% and advancing its existing businesses through workforce expansion and higher value-added services. Revenue for the fiscal year increased from the previous fiscal year by 37.2% under Japanese GAAP and 35.7% under IFRS, while operating profit increased by 96.1% and 79.1%, respectively.」

    Against the medium-term plan’s target growth rate of 15–20%, revenue for the fiscal year increased by 37.2% under Japanese GAAP and 35.7% under IFRS, while operating profit increased by 96.1% and 79.1%, respectively, showing significant full-year progress.
  23. FY2020-Q3AdvancedAnnual report

    「As a result, revenue for the cumulative third quarter increased 33.7% year on year under Japanese GAAP and 32.9% under IFRS, while operating profit increased 106.6% under Japanese GAAP and 80.0% under IFRS.」

    Against the medium-term plan’s target growth rate of 15–20%, revenue for the cumulative third-quarter period increased by 33.7% under Japanese GAAP and 32.9% under IFRS, while operating profit increased by 106.6% and 80.0%, respectively.
  24. FY2020-Q2AdvancedAnnual report

    「In the Medium-Term Management Plan (FY2019–FY2021), announced in April 2018, the company designated the period from the fiscal year ending February 2019 to the fiscal year ending February 2021 as a “three-year period for laying the foundation for sustainable future business expansion.” It has pursued steady growth by maintaining its previous growth rate of 15–20% and advancing its existing businesses through workforce expansion and higher value-added services. During the cumulative second-quarter period, the company was able to hire approximately 250 new employees, including new graduates and people without prior experience. As a result, revenue for the cumulative second-quarter period increased from the same period of the previous year by 33.0% under Japanese GAAP and 31.5% under IFRS, while operating profit increased by 135.9% and 90.6%, respectively.」

    Against the medium-term plan’s assumed growth rate of 15–20%, revenue for the cumulative second-quarter period increased by 33.0% under Japanese GAAP and 31.5% under IFRS, while operating profit increased by 135.9% and 90.6%, respectively, indicating progress.
  25. FY2020-Q1AdvancedAnnual report

    「In the “Medium-Term Management Plan (FY2019–FY2021)” announced by the Company in April 2018, the Company positioned the period from the fiscal year ending February 2019 through the fiscal year ending February 2021 as “3 years to strengthen the foundation for sustainable business expansion in the future,” worked toward steady growth through the development of existing businesses, including increased staffing and greater added value, while maintaining its previous growth rate of 15–20%,」

    Revenue increased by 34.9% under Japanese GAAP and 34.6% under IFRS in the first quarter, while operating profit increased by 163.0% and 113.1%, respectively, indicating progress above the target growth rate of 15–20%. This does not state that the full-year target will be achieved.
  26. FY2019Revenue growth within plan range, profit growth below targetAnnual report

    「As a result, revenue increased from the same period of the previous year by 17.5% under Japanese GAAP and 18.9% under IFRS, broadly in line with the plan.」

    Revenue growth was 17.5% under Japanese GAAP and 18.9% under IFRS, within the planned range of 15–20%. Operating profit, however, increased by only 11.6% under Japanese GAAP and 8.2% under IFRS, while profit for the period increased by 10.9% and 8.3%, respectively.
  27. FY2019-Q3RestatedAnnual report

    「In terms of revenue during the cumulative third-quarter period, the consultants hired in the previous fiscal year, whose number increased by approximately 13%, became increasingly productive, while the proportion of new orders for strategy and business consulting engagements expanded and services became more value-added. As a result, revenue increased from the same period of the previous year by 13.9% under Japanese GAAP and 14.6% under IFRS, although it was slightly below the assumed growth rate of 15–20%.」

    Revenue growth from the same period of the previous year was 13.9% under Japanese GAAP and 14.6% under IFRS, remaining below the assumed growth rate of 15–20%. No change to the target itself was stated.
  28. FY2019-Q2WorsenedAnnual report

    「During the cumulative second-quarter period, which was also the first year of the medium-term management plan, the company prioritised strengthening and establishing its internal control and sales systems to support stable growth, and hired approximately 240 new consultants, including new graduates and people without prior experience. Although recruitment and training costs and equipment-related expenses increased substantially as upfront investments, the company made significant progress in building the foundation for stable future growth, with the newly hired consultants expected to become increasingly productive and the established sales system expected to generate new engagements.」

    While progress was made in building the foundation during the first year of the medium-term plan, revenue growth from the same period of the previous year was limited to 11.7% under Japanese GAAP and 12.8% under IFRS, below the assumed growth rate of 15–20%.
  29. FY2018First statedAnnual report

    「The company aims to achieve steady growth by maintaining its previous growth rate of 15–20% for both revenue and profit.」

    For the first time, the medium-term management plan explicitly stated a target of maintaining 15–20% growth in revenue and profit over the plan period.
Moved together

"Revenue and Earnings Growth" moved the same way as this thread, in the same document, in 22 of its 34 moves.

221512111110★123456
  1. ★This thread
  2. 1Revenue and Earnings Growth22×
  3. 2Investment in the recruitment and training of consultants15×
  4. 3Establish a workforce of 2,000 employees12×
  5. 4Improving Capital Efficiency and Returning Profits to Shareholders Through Share Repurchases11×
  6. 5Information, communications, media and high-tech is the largest category, with no overseas revenue11×
  7. 6Changes in borrowing terms and improved interest rates through refinancing10×

★ 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 BayCurrent yet. It last moved in the Management plan of 2026-10-15: "First stated".
Maintain 15–20% growth in revenue and profit | BayCurrent,Inc. (6532) | Komori