Failure to Achieve the Targets of the 2015 Medium-Term Management Plan and Insufficient Execution
First written in FY2016. . Latest entry: FY2019.
The whole theme swung hardest in 2025: 11 of 18 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2019Disclosure of results and variance from targets in the first year of the 2020 Medium-Term PlanAnnual report
「Through these initiatives, we aim to achieve revenue of ¥3 trillion, an operating margin of 5%, profit for the year of ¥90 billion, free cash flow of ¥100 billion and ROE of 10% in fiscal 2020.」
In the first year of the 2020 Medium-Term Management Plan, revenue was ¥2.9134 trillion, operating profit was ¥58.5 billion, profit for the year was ¥40.2 billion, free cash flow was an outflow of ¥12.4 billion and ROE was 4.6%. - FY2018Targets under the 2018 Medium-Term Plan became difficult to achieve and the Company transitioned to a new planAnnual report
「Measures addressing challenged businesses and unprofitable projects to rebuild the earnings structure, the business reform promotion project, and optimisation of development and production functions progressed generally as planned. However, existing businesses declined more than expected in terms of returning to a growth trajectory, making it difficult to achieve the ¥150 billion operating profit target set for fiscal 2018.」
Under the 2018 Medium-Term Management Plan, earnings-structure reform progressed generally as planned, but returning to a growth trajectory and achieving the ¥150 billion operating profit target became difficult, and the Company transitioned to the 2020 Medium-Term Management Plan. - FY2017Downward revision to the earnings forecast in the first year of the 2018 Medium-Term Management PlanAnnual report
「The fiscal year ended March 2017 was the first year of the 2018 Medium-Term Management Plan, but the Company revised its earnings forecast downward on 30 January 2017.」
The earnings forecast was revised downward in the first year of the 2018 Medium-Term Management Plan, and challenges in executing the plan were identified. - FY2016First statedAnnual report
「We recognise that the challenges included insufficient execution capability in launching new businesses such as SDN and smart energy, delays in expanding overseas businesses and insufficient profitability, and delays in improving the earnings structure to address declines in existing businesses.」
The Company stated that it had failed to achieve the medium-term management targets under the 2015 Medium-Term Management Plan, except for net income attributable to owners of the parent.