Financial Targets in the 2020 Medium-Term Management Plan
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the NEC Group during the first quarter of the current fiscal year on a consolidated cumulative basis.」
The Group stated that there were no material changes to its management policies or management strategies after transitioning to the 2025 Mid-term Management Plan. - FY2022Transition to the 2025 Mid-term Management PlanAnnual report
「The NEC Group formulated the 2025 Mid-term Management Plan in May 2021, with fiscal 2025 as its final year, to realize its Purpose.」
The Group transitioned from the numerical targets of the 2020 Mid-term Management Plan to the 2025 Mid-term Management Plan, which integrates Purpose, strategy and culture. - FY2021-Q1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the NEC Group during the first quarter of the current fiscal year on a consolidated cumulative basis.」
The Group stated that there were no material changes to its management policies or management strategies, including the 2020 Mid-term Management Plan. - FY2019RestatedAnnual report
「Under the 2020 Mid-term Management Plan announced in January 2018, the NEC Group established three management policies: 1) reforming the earnings structure, 2) achieving growth, and 3) reforming execution capabilities, and is working as one to achieve them.」
The three pillars of the 2020 Mid-term Management Plan and its numerical targets for fiscal 2020 have been maintained. - FY2018First statedAnnual report
「Against this backdrop, the NEC Group proceeded with the formulation of a new management plan and in January 2018 formulated the 2020 Mid-term Management Plan, which set out three management policies: 1) reforming the earnings structure, 2) achieving growth, and 3) reforming execution capabilities. Through these initiatives, the Group aims to achieve revenue of ¥3 trillion, an operating margin of 5%, net income of ¥90 billion, free cash flow of ¥100 billion and ROE of 10% in fiscal 2020.」
The Group transitioned from the 2018 Mid-term Management Plan to the new 2020 Mid-term Management Plan and set numerical targets for fiscal 2020 revenue, operating margin, net income, free cash flow and ROE.