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Panasonic Holdings (6752) · TargetOperating profit target missed; net profit target achieved

Operating profit and net profit targets for fiscal 2018

First written in FY2016. 6 of 10 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2019.

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ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017-Q1AdvancedFY2017-Q3 – FY2018-Q3AdvancedFY2019-Q12016: 220162017: 420172018: 320182019: 12019
Same theme, other companies
Operating profit and net profit targets for fiscal 2018A theme 4 companies write about · 0 as a headwind · 4 as a tailwind

0 other companies' latest entry also says "Other".

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  1. FY2019Operating profit target missed; net profit target achievedAnnual report

    「Of the targets for fiscal 2018 set out in the fiscal 2016 business policy, namely operating profit and profit for the year attributable to owners of the parent, the operating profit target was not achieved due to factors including deteriorating profitability in the automotive business and other growth drivers. The target for profit for the year attributable to owners of the parent was achieved, owing in part to a decrease in income tax expense.」

    The company explained that, although the fiscal 2018 operating profit target of ¥450 billion was not achieved, the target of at least ¥250 billion in profit for the year attributable to owners of the parent was achieved, with profit reaching ¥284.1 billion.
  2. FY2019-Q1AdvancedAnnual report

    「Operating profit was ¥100.0 billion, up 19% year on year. … Profit before tax was ¥102.2 billion, up 25% year on year, and quarterly profit attributable to owners of the parent was ¥57.4 billion, up 18% year on year.」

    As progress toward the fiscal 2018 profit targets, operating profit of ¥100.0 billion, profit before tax of ¥102.2 billion and quarterly profit attributable to owners of the parent of ¥57.4 billion were disclosed for the first quarter.
  3. FY2018Full-year results below the numerical targets disclosedAnnual report

    「Operating profit increased from ¥276.8 billion in the previous fiscal year to ¥380.5 billion. … Profit for the year attributable to owners of the parent was ¥236.0 billion, compared with ¥149.4 billion in the previous fiscal year.」

    Against the previous targets for fiscal 2018 of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion, full-year results were operating profit of ¥380.5 billion and profit for the year attributable to owners of the parent of ¥236.0 billion.
  4. FY2018-Q3AdvancedAnnual report

    「We operate in the Home Appliances, Housing, Automotive and B2B sectors and aim to achieve the company-wide management targets for fiscal 2018 of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion.」

    The fiscal 2018 numerical targets were reiterated, and operating profit of ¥316.7 billion and quarterly profit attributable to owners of the parent of ¥200.1 billion were recorded for the nine months ended the third quarter.
  5. FY2018-Q2AdvancedAnnual report

    「We operate in the Home Appliances, Housing, Automotive and B2B sectors and aim to achieve the company-wide management targets for fiscal 2018 of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion.」

    The fiscal 2018 targets of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion were reiterated. In the six months ended the second quarter, operating profit of ¥196.6 billion and quarterly profit attributable to owners of the parent of ¥118.9 billion were recorded.
  6. FY2018-Q1AdvancedAnnual report

    「Operating profit was ¥83.9 billion, up 17% year on year. … Profit for the quarter attributable to owners of the parent was ¥48.8 billion, up 67% year on year.」

    Against the fiscal 2018 targets of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion, first-quarter operating profit of ¥83.9 billion and quarterly profit attributable to owners of the parent of ¥48.8 billion were recorded.
  7. FY2017AdvancedAnnual report

    「Operating profit increased from ¥230.3 billion in the previous fiscal year to ¥276.8 billion. Profit for the year attributable to owners of the parent was ¥149.4 billion, compared with ¥165.2 billion in the previous fiscal year.」

    Against the fiscal 2018 targets of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion, fiscal 2016 results of operating profit of ¥276.8 billion and profit for the year attributable to owners of the parent of ¥149.4 billion were disclosed.
  8. FY2017-Q3AdvancedAnnual report

    「Consolidated sales for the nine months ended the third quarter of the current fiscal year were ¥5.3500 trillion, down 6% year on year, mainly because of the impact of a stronger yen. Operating profit was ¥240.6 billion, down 25% year on year. Profit before tax was ¥231.8 billion, down 9% year on year, partly because business restructuring costs declined from the same period of the previous year. Profit for the quarter attributable to the company’s shareholders was ¥175.4 billion, up 9% year on year, owing to additional recognition of deferred tax assets following the decision to liquidate a consolidated subsidiary, which reduced income taxes and other expenses.」

    In relation to the fiscal 2018 targets of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion, operating profit of ¥240.6 billion and quarterly profit attributable to the company’s shareholders of ¥175.4 billion were disclosed for the nine months ended the third quarter.
  9. FY2017-Q1RestatedAnnual report

    「Specifically, we will focus on the four business areas of Home Appliances, Housing and Automotive, and aim to achieve management targets for fiscal 2018 of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion, based on International Financial Reporting Standards.」

    The targets of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion for fiscal 2018 were reiterated.
  10. FY2016First statedAnnual report

    「Through these initiatives, we aim to achieve company-wide management targets for fiscal 2018 of operating profit of ¥450.0 billion and profit for the year attributable to owners of the parent of at least ¥250.0 billion, based on International Financial Reporting Standards.」

    Specific numerical targets for fiscal 2018 were presented with profit growth as the primary focus.
Moved together

"Focused Investment in the Ficosa Partnership, ADAS and Automotive Batteries" moved the same way as this thread, in the same document, in 5 of its 10 moves.

554433★123456
  1. ★This thread
  2. 1Focused Investment in the Ficosa Partnership, ADAS and Automotive Batteries5×
  3. 2Premium Home Appliances in Key Asian Markets and Expansion into India and Africa5×
  4. 3Enhancing Free Cash Flow Through Operating Profitability and Asset Efficiency4×
  5. 4Strategic investment totaling approximately ¥1 trillion toward FY20184×
  6. 5Expansion of Renovation, Nursing Care and Asian Urban Development Businesses3×
  7. 6Litigation Risks Related to Antitrust Law, Products, Intellectual Property and Other Matters3×

★ 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
Panasonic Holdings's next results are scheduled for 2026-10-30. Read the earnings preview
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