Komori
Sony Group (6758) · TargetAchieved

Transformation into a highly profitable company centered on ROE and operating income

First written in FY2016. 3 of 7 entries say "Advanced", first in FY2017. Latest entry: FY2018.

7entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q3AdvancedFY2017 – FY20182016: 220162017: 320172018: 22018
Same theme, other companies
Operating Profit and ROE Targets in Medium-Term Management PlansA theme 47 companies write about · 2 as a headwind · 48 as a tailwind

The whole theme swung hardest in 2021: 4 of 18 companies on the "Worse" side.

6 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 47 companies compared. The sentences above are computed from all 47.
Full recordFilings, disclosures and news, newest first
  1. FY2018AchievedAnnual report

    「In addition, under the Second Mid-Term Management Plan, covering fiscal 2015 through fiscal 2017, both of the management targets for fiscal 2017, consolidated ROE of 10% or more and operating income of ¥500 billion or more for the Sony Group, were achieved.」

    The company explicitly stated that it achieved both numerical targets under the Second Mid-Term Management Plan, which had a deadline of fiscal 2017: ROE of 10% or more and operating income of ¥500 billion or more.
  2. FY2018-Q3AdvancedAnnual report

    「Operating income for the nine months ended the third quarter of fiscal 2017 increased by ¥518.4 billion year on year to ¥712.7 billion.」

    Operating income for the nine months ended the third quarter of fiscal 2017 reached ¥712.7 billion, exceeding the fiscal 2017 operating income target of ¥500 billion before the end of the fiscal year.
  3. FY2018-Q2AdvancedAnnual report

    「Operating income increased by ¥259.9 billion year on year to ¥361.8 billion. This substantial increase in profit was mainly attributable to a significant improvement in earnings in the semiconductor business.」

    Operating income for the six months ended fiscal 2017 reached ¥361.8 billion, indicating progress toward the fiscal 2017 operating income target of ¥500 billion.
  4. FY2017AdvancedAnnual report

    「For consolidated operating income in fiscal 2017, the final year of the mid-term management plan, Sony expects ¥500 billion, a profit level not seen in 20 years.」

    The company explicitly indicated that it expects to achieve its fiscal 2017 operating income target of ¥500 billion. It also continues to maintain its target of ROE of 10% or more.
  5. FY2017-Q3RestatedAnnual report

    「Against this backdrop, Sony announced its mid-term management policy on 18 February 2015, positioning return on equity (hereinafter, “ROE”) as its most important management metric. It set a goal for the final year of the mid-term management plan, fiscal 2017, of achieving consolidated ROE of 10% or more and operating income of ¥500 billion or more for the Sony Group, and is pursuing its transformation into a highly profitable company under the following basic policies.」

    The company continues to set numerical targets for fiscal 2017 of ROE of 10% or more and operating income of ¥500 billion or more.
  6. FY2017-Q1RestatedAnnual report

    「For fiscal 2017, the final year of the mid-term management plan, we will maintain the original consolidated numerical targets of ROE of 10% or more and operating income of ¥500 billion or more for the Sony Group, and will continue managing each business with a view to transforming the company into a highly profitable enterprise.」

    The company explicitly stated that it would maintain its fiscal 2017 targets of ROE of 10% or more and operating income of ¥500 billion or more.
  7. FY2016First statedAnnual report

    「Against this backdrop, Sony announced its mid-term management policy on 18 February 2015, positioning return on equity (hereinafter, “ROE”) as its most important management metric. It set a goal for the final year of the mid-term management plan, fiscal 2017, of achieving consolidated ROE of 10% or more and operating income of ¥500 billion or more for the Sony Group, and is pursuing its transformation into a highly profitable company under the following basic policies.」

    The company set targets of ROE of 10% or more and operating income of ¥500 billion or more for fiscal 2017.
Moved together

"Growth, Stable Earnings and Risk Control Areas, and ROIC by Business" moved the same way as this thread, in the same document, in 4 of its 7 moves.

422222★123456
  1. ★This thread
  2. 1Growth, Stable Earnings and Risk Control Areas, and ROIC by Business4×
  3. 2Acquisitions to Acquire Technology and Strengthen Business Competitiveness2×
  4. 3Introducing a Restricted Stock Compensation Plan2×
  5. 4Expansion of image sensor production capacity2×
  6. 5Risk of fluctuations in pension obligations, investment returns, and discount rates2×
  7. 6Balancing investment to enhance corporate value with stable dividends2×

★ 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
No upcoming earnings preview for Sony Group yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.