Core-Business EBITDA and Company-Wide ROE Targets from FY2021 Onward
First written in FY2019. 7 of 16 entries say "Restated". Latest entry: 2026-07-30.
The whole theme swung hardest in 2024: 4 of 29 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- 2026-07-30AdvancedRevision of earnings forecasts
「Previous forecast (A) ¥7.6 trillion ¥550 billion ¥550 billion ¥420 billion ¥179.89 ¥600 billion Revised forecast (B) ¥7.8 trillion ¥590 billion ¥590 billion ¥450 billion ¥192.73 ¥650 billion」
The adjusted operating profit forecast for FY2026 was raised from ¥600 billion to ¥650 billion. The near-term outlook was upgraded toward the FY2028 target of adjusted operating profit of at least ¥750 billion. - FY2026ReframedAnnual report
「In FY2028, businesses supporting AI infrastructure will drive growth, enabling the company to achieve adjusted operating profit of at least ¥750 billion, while from FY2029 onward it aims to achieve further group growth through businesses supporting social operations.」
The company transitioned from KGIs such as cumulative operating profit and ROE for FY2022–FY2024 to targets centered on adjusted operating profit of at least ¥750 billion in FY2028 and growth in the social operations business from FY2029 onward. - FY2025WorsenedAnnual report
「Under the management indicators (KGI) of the three-year medium-term strategy pursued since FY2022, the company achieved its target for cumulative operating cash flow but fell short of its targets for ROE (return on equity) and cumulative operating profit.」
Regarding the FY2022–FY2024 KGI, the company achieved its cumulative operating cash flow target, while falling short of ROE of at least 10% and cumulative operating profit of ¥1.5 trillion. Reasons for the shortfall included insufficient monetization of growth investments, competitiveness and profitability issues, and increased fixed costs associated with the transition to operating companies. - FY2025-H1RestatedAnnual report
「As the final year of the medium-term strategy pursued since FY2022, the group is focusing on initiatives that contribute to improving ROE.」
Reaffirmed the policy of shifting the focus of initiatives aimed at achieving the previous KGI to improving ROE in the final year of the medium-term strategy launched in FY2022. - FY2024WorsenedAnnual report
「For the fiscal 2024 outlook, ROE and cumulative operating profit are expected to fall short of their targets, while achievement of cumulative operating cash flow has come into view.」
Regarding the FY2022–FY2024 KGI, ROE of at least 10% and cumulative operating profit of ¥1.5 trillion are expected to fall short in FY2024, while achievement of cumulative operating cash flow of ¥2 trillion has come into view. - FY2024-Q3RestatedAnnual report
「Against this backdrop, in the second year of the medium- to long-term strategy launched in FY2022 under the new group structure comprising a holding company and operating companies, the group continues to thoroughly strengthen competitiveness in order to achieve the KGI of cumulative operating cash flow of ¥2 trillion, ROE (return on equity) of at least 10% and cumulative operating profit of ¥1.5 trillion targeted under the strategy.」
As the second year of the medium- to long-term strategy, reaffirmed the KGI of cumulative operating cash flow of ¥2 trillion, ROE of at least 10% and cumulative operating profit of ¥1.5 trillion, along with competitiveness-strengthening initiatives aimed at achieving it. - FY2024-Q2RestatedAnnual report
「Against this backdrop, in the second year of the medium- to long-term strategy launched in FY2022 under the new group structure comprising a holding company and operating companies, the group continues to thoroughly strengthen competitiveness in order to achieve the KGI of cumulative operating cash flow of ¥2 trillion, ROE (return on equity) of at least 10% and cumulative operating profit of ¥1.5 trillion targeted under the strategy.」
Reaffirmed the KGI of cumulative operating cash flow of ¥2 trillion, cumulative operating profit of ¥1.5 trillion and ROE of at least 10% for FY2022–FY2024, as well as the policy of strengthening competitiveness. - FY2024-Q1RestatedAnnual report
「In the second year of the medium- to long-term strategy launched in FY2022 under the new group structure comprising a holding company and operating companies, the group continues to thoroughly strengthen competitiveness in order to achieve the KGI of cumulative operating cash flow of ¥2 trillion, ROE (return on equity) of at least 10% and cumulative operating profit of ¥1.5 trillion targeted under the strategy.」
Maintained the KGI of cumulative operating cash flow of ¥2 trillion, cumulative operating profit of ¥1.5 trillion and ROE of at least 10% for FY2022–FY2024, and continued strengthening competitiveness in the second year of the medium- to long-term strategy. - FY2023AdvancedAnnual report
「<Key management indicators (KGI: Key Goal Indicator) and progress> Thoroughly strengthen business competitiveness and improve cash-generation capacity. ・Cumulative operating cash flow: ¥2.0 trillion (FY2022–FY2024) ・ROE (return on equity): at least 10% (FY2024) ・Cumulative operating profit: ¥1.5 trillion (FY2022–FY2024)」
The company maintained its KGI of cumulative operating cash flow of ¥2.0 trillion, cumulative operating profit of ¥1.5 trillion and ROE of at least 10% for FY2022–FY2024, and disclosed first-year results of operating cash flow of ¥520.7 billion, operating profit of ¥288.6 billion and ROE of 7.8%. - FY2023-Q1RestatedAnnual report
「Against this backdrop, from 1 April 2022, the group transitioned to a new group structure comprising a holding company and operating companies. As the first year of the new medium- to long-term strategy, FY2022 is focused on ensuring autonomous, accountable management by each operating company and advancing initiatives to strengthen competitiveness.」
Reaffirmed the policy of designating FY2022 as the first year of the new medium- to long-term strategy and advancing autonomous, accountable management by each operating company and competitiveness strengthening under the holding company–operating company structure. - FY2022ReframedAnnual report
「Key management indicators (KGI: Key Goal Indicator): cumulative operating cash flow: ¥2.0 trillion (FY2022–FY2024); ROE (return on equity): at least 10% (FY2024); cumulative operating profit: ¥1.5 trillion (FY2022–FY2024)」
The framework changed from EBITDA growth, margin and ROE targets from FY2021 onward to new medium- to long-term KGIs centered on cumulative operating cash flow and cumulative operating profit for FY2022–FY2024 and ROE for FY2024. - FY2021RestatedAnnual report
「As the final year of the medium-term strategy launched in FY2019, the company will continue portfolio management and measures to strengthen its management foundation.」
Positioned FY2021 as the final year of the medium-term strategy launched in FY2019 and stated a policy of continuing portfolio management and measures to strengthen the management foundation. - FY2020RestatedAnnual report
「From FY2021 onward, the final year of the medium-term strategy, the company aims to operate the group so that its core businesses can consistently achieve EBITDA growth of 5–10% and an EBITDA margin of at least 10%, while the group as a whole achieves ROE of at least 10%.」
Reaffirmed the numerical targets from FY2021 onward for core-business EBITDA growth and margin and group-wide ROE. - FY2019First statedAnnual report
「From FY2021 onward, the final year of the new medium-term strategy, the company aims to operate the group so that its core businesses can consistently achieve EBITDA growth of 5–10% and an EBITDA margin of at least 10%, while the group as a whole achieves ROE of at least 10%.」
New management targets with deadlines and numerical values were established: core-business EBITDA growth of 5–10%, an EBITDA margin of at least 10% and group-wide ROE of at least 10%.