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Torex Semiconductor (6616) · TargetAdvanced

Restoring ROE to double digits and further improving it

First written in FY2018. 3 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2026.

7entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018AdvancedFY2021 – FY2022AdvancedFY2025 – FY20262018: 120182019: 020192020: 120202021: 120212022: 120222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
ROE Improvement TargetA theme 254 companies write about · 3 as a headwind · 254 as a tailwind

The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.

46 other companies' latest entry also says "Advanced".

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 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 258 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「ROE was 6.4% for the current consolidated fiscal year. We will continue working to maximize sales and profit at each stage, with double-digit ROE as our target, while establishing a framework for further improvement.」

    The double-digit ROE target remains unmet, but actual ROE improved from -12.4% in the previous fiscal year to 6.4%, turning positive from a loss.
  2. FY2025AdvancedAnnual report

    「ROE was -12.4% for the current consolidated fiscal year because net income attributable to owners of the parent was negative. We will continue working to maximize sales and profit at each stage, with double-digit ROE as our target, while establishing a framework for further improvement.」

    The double-digit ROE target remains unmet, but actual ROE improved from -19.0% in the previous fiscal year to -12.4%.
  3. FY2024WorsenedAnnual report

    「ROE was -19.0% for the current consolidated fiscal year because net income attributable to owners of the parent was negative. We will continue working to maximize sales and profit at each stage, with double-digit ROE as our target, while establishing a framework for further improvement.」

    The double-digit ROE target remains in place, but actual ROE deteriorated from 14.9% to -19.0%.
  4. FY2022AchievedAnnual report

    「ROE for the current consolidated fiscal year was 14.9%. We will continue working to maximize sales and profit at each stage, with double-digit ROE as our target, while establishing a framework for further improvement.」

    The Company disclosed results that indicate the interim numerical target of double-digit ROE was achieved, with actual ROE at 14.9% for the year. At the same time, it stated that efforts to improve ROE further would continue.
  5. FY2021AdvancedAnnual report

    「ROE for the current consolidated fiscal year was 4.9%, up 2.7 percentage points year on year, but we aim to achieve double-digit ROE by improving performance.」

    While maintaining the double-digit ROE target, actual ROE rose 2.7 percentage points from 2.2% in the previous fiscal year to 4.9%.
  6. FY2020WorsenedAnnual report

    「ROE for the current consolidated fiscal year was 2.2%, down 4.0 percentage points year on year, but we aim to achieve double-digit ROE by improving performance.」

    The target of achieving double-digit ROE remains in place, but actual ROE was 2.2%, down 4.0 percentage points year on year.
  7. FY2018First statedAnnual report

    「Within 3 years, we aim to achieve consolidated net sales of ¥30 billion and consolidated operating profit of ¥3 billion, while restoring ROE to double digits and establishing a framework for further improvement.」

    The 3-year medium-term management plan that began in FY2018 set recovery to double-digit ROE and further improvement as explicit objectives for the first time. ROE for the current consolidated fiscal year was stated to be 7.0%.
Moved together

"Foreign exchange fluctuation risk associated with overseas sales of approximately 70%" moved the same way as this thread, in the same document, in 5 of its 7 moves.

544433★123456
  1. ★This thread
  2. 1Foreign exchange fluctuation risk associated with overseas sales of approximately 70%5×
  3. 2Priority expansion into industrial, automotive, and medical equipment4×
  4. 3Slowing Semiconductor Demand and Fluctuations in Product Demand4×
  5. 4R&D and Capital Expenditures, and Optimization of Assets and Invested Capital4×
  6. 5Incorporating Core and Production Technologies through Strategic Alliances3×
  7. 6Operating Profit, Ordinary Profit and Net Income Decline Despite Sales Growth3×

★ 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.

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Restoring ROE to double digits and further improving it | TOREX SEMICONDUCTOR LTD. (6616) | Komori