Target of achieving ROE of 20% for the fiscal year ending March 2024
First written in FY2019. 5 of 7 entries say "Softened", first in FY2021. Latest entry: FY2026.
MS&Consulting moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 25 of 113 companies on the "Worse" side.
18 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「ROE has not reached the target of 10% or higher due to the impact of the COVID-19 pandemic and rising prices, but the company will continue working to expand revenue and improve its profit margin.」
The previous medium-term management plan’s ROE target of 20% was replaced by a target of ROE of 10% or higher, with a policy of improving performance through revenue growth and higher profit margins. - FY2025SoftenedAnnual report
「In the current consolidated fiscal year, revenue increased 6.7% compared with the previous consolidated fiscal year, but the operating profit margin declined and profit attributable to owners of the parent decreased due to higher monitor honoraria amid rising prices, increased headcount and higher labor costs associated with pay increases.」
The previous medium-term management plan’s ROE target of 20% was not reiterated in the performance table, and the company reported an operating loss and a loss attributable to owners of the parent for the current fiscal year. - FY2024SoftenedAnnual report
「The indicators for the latest 5 years, including the current consolidated fiscal year, are as follows. In the current consolidated fiscal year, revenue increased 8.0% compared with the previous consolidated fiscal year, but the operating profit margin declined and profit attributable to owners of the parent decreased due to higher monitor honoraria amid rising prices, increased headcount and higher labor costs associated with pay increases.」
The previous medium-term management plan’s ROE target of 20% was not reiterated in this filing, while ROE of 3.9% and an operating profit margin of 7.5% were presented as actual results. - FY2022SoftenedAnnual report
「The targets for the fiscal year ending February 2024 under the currently disclosed medium-term management plan are an operating profit margin of more than 25%, profit attributable to owners of the parent of ¥800 million and ROE of 20%. However, although these targets need to be revised to reflect the prolonged impact of the spread of COVID-19, it remains difficult to reasonably estimate the necessary revisions as of the date of this report. Accordingly, the company is currently pursuing various initiatives to improve performance, including transforming its business structure into one with higher productivity, in line with the medium-term management plan’s policies, and plans to announce a revised medium-term management plan once the situation permits a clearer outlook for the end of the COVID-19 pandemic.」
The targets for the fiscal year ending February 2024 of an operating profit margin above 25%, profit attributable to owners of the parent of ¥800 million and ROE of 20% are stated, while revisions are required in light of the prolonged pandemic and the timing of a reannouncement is dependent on the outlook for its resolution. - FY2021SoftenedAnnual report
「The targets for the fiscal year ending February 2024 under the currently disclosed medium-term management plan are an operating profit margin of more than 25%, profit attributable to owners of the parent of ¥800 million and ROE of 20%. However, although these targets need to be revised to reflect the prolonged impact of the spread of COVID-19, it remains difficult to reasonably estimate the necessary revisions as of the date of this report.」
The company continues to disclose targets of an operating profit margin above 25%, profit attributable to owners of the parent of ¥800 million and ROE of 20% for the fiscal year ending February 2024, while stating that revisions are necessary in light of the prolonged impact of the pandemic and that reasonable estimates are difficult. - FY2020-Q2RestatedAnnual report
「In its medium-term management plan announced on 9 May 2019 for the fiscal years ending March 2020 through March 2024, the company identified “strengthening the shareholder perspective in management,” which it had long recognized as an important management issue, as a key objective and stated that it would aim to achieve ROE of 20% for the fiscal year ending March 2024.」
The targets of achieving ROE of 20% for the fiscal year ending March 2024 and strengthening the shareholder perspective in management are reiterated in the medium-term management plan. - FY2019First statedAnnual report
「In its medium-term management plan announced on 9 May 2019 for the fiscal years ending March 2020 through March 2024, the company identified “strengthening the shareholder perspective in management,” which it had long recognized as an important management issue, as a key objective and stated that it would aim to achieve ROE of 20% for the fiscal year ending March 2024.」
The medium-term management plan sets targets of strengthening the shareholder perspective in management and achieving ROE of 20% for the fiscal year ending March 2024.