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Fuji Electric Industry (6654) · TargetReframedLatest Investor presentation (2026-09-03): "Restated"

Revision of the sales target for the fiscal year ending January 2018 from ¥5,000 million to ¥4,200 million

First written in FY2017. 4 of 9 entries say "Softened", first in FY2019. Latest entry: 2026-09-03.

9entries
10years
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How it moved
ProgressHeldSoftenedWorseSoftenedFY2018 – FY20242017: 120172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 120242025: 020252026: 12026
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. 2026-09-03RestatedInvestor presentation

    「10. Forecasts for the fiscal year ending January 2027 (income statement) No revisions」

    The Company left its net sales forecast of ¥4,250 million for the fiscal year ending January 2027 unchanged, maintaining the existing target at the same level.
  2. FY2024ReframedAnnual report

    「As a long-term target, the company formulated the “New STEP50” management plan, targeting sales of ¥5,000 million in the 75th fiscal year, ending January 2033. Of this plan, the three years through the fiscal year ending January 2027 are designated as “Medium-Term Management Plan 2027: New STEP50 Phase 1,” with a sales target of ¥4,250 million for the fiscal year ending January 2027. In addition to the priority areas of deepening penetration in the heavy electrical equipment market, developing the railway rolling stock market and developing overseas markets, the plan identifies strengthening initiatives to increase profit, creating a rewarding workplace environment and promoting sustainability initiatives as priority items.」

    The previous plan was concluded, and the company shifted to “New STEP50,” with a long-term sales target of ¥5,000 million for the fiscal year ending January 2033. Phase 1 was established with a target of ¥4,250 million for the fiscal year ending January 2027.
  3. FY2023SoftenedAnnual report

    「In the earnings release for the fiscal year ended January 2023, the sales target for the fiscal year ending January 2024 was set at ¥4,000 million, revised from the previously stated ¥4,200 million.」

    The sales target for the fiscal year ending January 2024 has been revised further downward from ¥4,200 million to ¥4,000 million.
  4. FY2022SoftenedAnnual report

    「The sales target for the fiscal year ending January 2023 has been revised from ¥4,150 million to ¥3,900 million, and the target for the fiscal year ending January 2024 from ¥4,500 million to ¥4,200 million.」

    The Phase 1 targets under “STEP50” have been revised downward, from ¥4,150 million to ¥3,900 million for the fiscal year ending January 2023 and from ¥4,500 million to ¥4,200 million for the fiscal year ending January 2024.
  5. FY2021ReframedAnnual report

    「The company formulated the “STEP50” management plan, targeting sales of ¥5,000 million in the fiscal year ending January 2027, 6 years from now, and launched Phase 1 of a three-year medium-term management plan in February 2021, beginning with the fiscal year ending January 2022, targeting sales of ¥4,500 million for the fiscal year ending January 2024.」

    The company concluded that the sales targets for each year under the medium-term management plan covering the fiscal years ending January 2019 through January 2021 had not been achieved, and shifted to the new “STEP50” plan, targeting sales of ¥5,000 million for the fiscal year ending January 2027, and Phase 1, targeting sales of ¥4,500 million for the fiscal year ending January 2024.
  6. FY2020SoftenedAnnual report

    「In addition to restrained capital investment by electric power companies, the outlook for overseas economies is uncertain. Accordingly, this annual securities report revises the sales target for the fiscal year ending January 2021 from ¥4,500 million to ¥4,000 million.」

    The sales target for the fiscal year ending January 2021 has been revised further downward from ¥4,500 million to ¥4,000 million.
  7. FY2019SoftenedAnnual report

    「As restrained capital investment by electric power companies and delays in overseas infrastructure projects, particularly in the Middle East, have had a greater-than-expected impact, the sales target for the fiscal year ending January 2020 has been revised from ¥4,600 million to ¥4,300 million, and the target for the fiscal year ending January 2021 from ¥5,000 million to ¥4,500 million.」

    Under the three-year medium-term plan, the target for the fiscal year ending January 2020 was revised downward from ¥4,600 million to ¥4,300 million, and the target for the fiscal year ending January 2021 from ¥5,000 million to ¥4,500 million.
  8. FY2018ReframedAnnual report

    「The company launched a three-year medium-term plan in February 2018, beginning with the fiscal year ending January 2019, that set a sales target of ¥5,000 million for the fiscal year ending January 2021, with deepening penetration in the heavy electrical equipment market and development of the general industrial and overseas markets as key management strategies.」

    After revising the target for the fiscal year ending January 2018 under the previous plan, the company moved to a new three-year medium-term plan covering the fiscal years ending January 2019 through January 2021, with a sales target of ¥5,000 million for the final year.
  9. FY2017First statedAnnual report

    「The company launched a three-year medium-term plan in February 2015, beginning with the fiscal year ending January 2016, that set a sales target of ¥5,000 million for the fiscal year ending January 2018, with deepening penetration in the heavy electrical equipment market and development of the general industrial and overseas markets as key management strategies. However, capital investment by domestic electric power companies has remained restrained, while overseas projects, including power infrastructure projects in the Middle East, have been sluggish. Accordingly, the sales target for the fiscal year ending January 2018 has been revised downward from the initial ¥5,000 million to ¥4,200 million.」

    The target year and sales target of the three-year medium-term plan are specified, with the target revised downward from ¥5,000 million to ¥4,200 million due to domestic and overseas market conditions.
Moved together

"Fluctuations in the Asset Values of Securities and Investment Securities" moved the same way as this thread, in the same document, in 4 of its 9 moves.

433222★123456
  1. ★This thread
  2. 1Fluctuations in the Asset Values of Securities and Investment Securities4×
  3. 2Weak business conditions due to negative interest rates, a stronger yen and weaker stock prices, and a sluggish global economy3×
  4. 3Development and expansion of new sales markets by the Commercial Division3×
  5. 4Sluggish growth in display equipment sales due to delays in substation equipment projects in the Middle East2×
  6. 5Raw Material Price Volatility for Molding Materials, etc.2×
  7. 6Impact of Yen Appreciation and Sharp Foreign Exchange Fluctuations on Overseas Demand and Performance2×

★ 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 Fuji Electric Industry yet. It last moved in the Investor presentation of 2026-09-03: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.