Setting a numerical target for gross profit margin
First written in FY2021. 1 of 6 entries say "Restated". Latest entry: FY2026.
QD Laser moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 4 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The company plans to continue increasing gross margin, but will focus on increasing free cash flow and use EBITDA as its metric. The EBITDA target for the fiscal year ending March 2027 is ¥110 million.」
The focus has shifted from a metric framework emphasizing gross profit margin to EBITDA, with an emphasis on increasing free cash flow, and the target for the fiscal year ending March 2027 has been set at ¥110 million. - FY2025AdvancedAnnual report
「The target gross margin for the fiscal year ending March 2026 is 39.8%.」
The company set a target of 39.8% for gross margin in the fiscal year ending March 2026, which had previously had no numerical target. - FY2024Results deteriorated, but no numerical target was setAnnual report
「Gross margin for the fiscal year was 25.6%, compared with 30.2% in the previous fiscal year. This was mainly because inventory valuation losses increased in both the laser device business and the laser eyewear business during the previous fiscal year. No numerical target has been set for future gross margin at this time, but the company plans to determine one promptly after taking into account industry trends and the performance outlook, particularly the launch of the laser eyewear business.」
Gross margin declined from 30.2% to 25.6%, while a future numerical target remained unset. - FY2023Results improved, but no numerical target was setAnnual report
「Gross margin for the fiscal year was 30.2%, compared with negative 5.4% in the previous fiscal year. No numerical target has been set for future gross margin at this time, but the company plans to determine one promptly after taking into account industry trends and the performance outlook, particularly the launch of the laser eyewear business.」
Gross margin improved from negative in the previous year to 30.2%, while a future numerical target remained unset. - FY2022RestatedAnnual report
「No numerical target has been set for future gross margin at this time, but the company plans to determine one promptly after taking into account industry trends and the performance outlook, particularly the launch of the laser eyewear business.」
The company continues to describe gross margin as an important metric, while maintaining that no numerical target has been set and that one will be determined promptly. - FY2021First statedAnnual report
「No numerical target has been set at this time, but the company plans to determine one promptly after taking into account industry trends and the performance outlook, particularly the launch of the laser eyewear business.」
The company regards gross margin as its most important management metric and plans to determine a numerical target in the future.