Securing average annual net income of ¥700 million over the next 20 years
First written in FY2022. 1 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024DroppedAnnual report
「For details of the medium-term management targets and other matters, please see “Notice Regarding the Formulation of the Medium-Term Management Plan,” posted on the company's website and announced on 14 May 2024.」
The goal stated through the previous fiscal year of continuing to earn annual net profit of ¥700 million on average over the next 20 years was not restated in this report, which referred readers to the website for details of the medium-term management plan. - FY2023AdvancedAnnual report
「Specifically, the company has established as a management objective the goal of continuing to earn annual net profit of ¥700 million on average over the next 20 years and will conduct its business activities accordingly.」
The company continues to set the long-term goal of securing annual net profit of ¥700 million on average over 20 years. Net income attributable to owners of the parent for the fiscal year was ¥2,063 million. - FY2022First statedAnnual report
「The company will allocate the net profit earned among “retention (to be used for repayment of interest-bearing debt),” “reinvestment,” and “shareholder returns (dividends or share buybacks)” in appropriate proportions based on the operating environment at the time. Specifically, it has established as a management objective the goal of continuing to earn annual net profit of ¥700 million on average over the next 20 years and will conduct its business activities accordingly.」
In place of the previous operating margin target, the company explicitly stated for the first time a long-term management objective of securing annual net profit of ¥700 million on average over the next 20 years.