Breakthrough growth in FY2026 under METAGROWTH 2026
First written in FY2022. 4 of 11 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2021: 17 of 79 companies on the "Worse" side.
- FY2025SoftenedAnnual report
「When formulating its growth strategy, METAGROWTH 2026, in May 2022, the group set 5-year financial targets (KPIs) with the fiscal year ending March 2027 as the final year. However, in light of the significant changes in the business environment since then, it determined that the targets need to be reviewed for consistency with its current management strategy and is proceeding with careful consideration.」
The company determined that the existing METAGROWTH 2026 financial targets, whose final year is the fiscal year ending March 2027, needed to be revised, and plans to set new financial targets at an appropriate time. - FY2025-H1RestatedAnnual report
「Based on its growth strategy, METAGROWTH 2026, the group continued to transform its business portfolio with the aim of fundamentally improving profitability. Under this growth strategy, it identified six growth drivers based on proprietary technologies that are "world firsts and world's best," and worked to strengthen these growth fields.」
The company reaffirmed the policies of METAGROWTH 2026, its proprietary “world-first, world-leading” technologies, six growth drivers and business portfolio transformation. - FY2024SoftenedAnnual report
「The Company plans to assess and scrutinize these effects before setting new financial indicators.」
When METAGROWTH 2026 was formulated, the financial targets remained limited to plans to establish new metrics, and the figures and timing for achieving the previous financial targets had not been finalized. The final agreement for the eLEAP business in China was also described as being targeted for October 2024. - FY2024-Q3AdvancedAnnual report
「Regarding the memorandum of understanding signed in September of this year with the Wuhu Economic and Technological Development Zone in China concerning the launch of a business using the next-generation OLED "eLEAP," the Company agreed in December to amend its terms so that the planned factory would be consolidated into a single facility using the larger G8.7 substrate size. Discussions are continuing toward obtaining approvals from the relevant authorities and concluding a final agreement by March 2024.」
Regarding the launch of the eLEAP business under METAGROWTH 2026, agreement was reached to revise the plan by consolidating the factory plan into G8.7, and discussions proceeded toward obtaining the necessary approvals and licenses and signing the final agreement by March 2024. - FY2024-Q2AdvancedAnnual report
「In September this year, the Company entered into a memorandum of understanding with the Wuhu Economic and Technological Development Zone in Anhui Province, China, concerning the launch of a business for eLEAP, the next-generation OLED developed by the Company. The Company plans to execute a definitive agreement by the end of December this year and, promptly after its execution, establish an operating company and construct an eLEAP mass-production plant in the development zone to meet strong customer demand for eLEAP.」
Regarding the business model reform under METAGROWTH 2026, the company signed a memorandum of understanding with the Wuhu Economic Development Zone for the launch of the eLEAP business and presented a specific execution plan consisting of a final agreement by the end of December, establishment of an operating company and construction of a mass-production plant. - FY2024-Q1AdvancedAnnual report
「Under these circumstances, the group focused on initiatives to further reform its business model and improve profitability based on its growth strategy, METAGROWTH 2026.」
Although the previous financial targets remained pending the establishment of new metrics, the company demonstrated progress toward concrete execution of its business model reform under METAGROWTH 2026, including alliance discussions with HKC and the acquisition of the JOLED business. - FY2023SoftenedAnnual report
「However, the business environment has changed substantially since the formulation of “METAGROWTH 2026” due to declining customer demand accompanying global inflation and soaring material and energy costs, among other factors. In addition, future business development is expected to differ from the previous plan based on strategic alliances with external companies. After examining these effects, the company plans to establish new financial indicators.」
The numerical targets and achievement timelines for the existing METAGROWTH 2026 financial targets were put on hold, with new financial metrics to be established in light of changes in the business environment and strategic partnerships. - FY2023-Q3RestatedAnnual report
「In May 2022, the company formulated its growth strategy, METAGROWTH 2026, to pursue further transformation of its business portfolio based on its proprietary technologies described as being the world's first and world's best.」
The company reiterated METAGROWTH 2026, based on proprietary technologies that are "world firsts and world's best," and its policy of transforming its business portfolio. No milestone for achieving new financial targets was provided. - FY2023-Q2RestatedAnnual report
「In addition to these measures, the company formulated and announced on 13 May 2022 its growth strategy, METAGROWTH 2026, based on its management policy for the next 5 years, in order to further strengthen and advance the commercialisation and expanded sales of high-value-added technologies and strategic investment in new businesses aimed at creating a foundation for growth.」
The company reiterated METAGROWTH 2026 as its growth strategy for the next five years and maintained its policy of creating a growth platform through the commercialization and expanded sales of high-value-added technologies and strategic investment in new businesses. - FY2023-Q1RestatedAnnual report
「In the same month, we announced the growth strategy “METAGROWTH 2026,” aimed at fundamentally improving profitability by moving away from excessive competition and commoditisation and positioning proprietary “world-first, world-leading” technologies as growth drivers.」
The company reiterated METAGROWTH 2026, which positions proprietary “world-first, world-leading” technologies as growth drivers, and indicated a policy of escaping cutthroat competition and commoditization while improving profitability. - FY2022First statedAnnual report
「For fiscal 2026, the final year of “METAGROWTH 2026,” the company has set financial targets of EBITDA of ¥104.4 billion and operating income of ¥83.3 billion, and will pursue dramatic increases in customer value creation and shareholder value.」
The company disclosed for the first time a five-year growth strategy ending in fiscal 2026 and set financial targets including net sales of ¥473.5 billion, EBITDA of ¥104.4 billion and operating profit of ¥83.3 billion.