Improving capital efficiency
First written in FY2017-Q2. 2 of 15 entries say "Restated". Latest entry: 2026-08-05.
8 other companies' latest entry also says "Other".
- 2026-08-05OtherEarnings presentation
「ROE 8% or more ROE ▲ 2.2% - - 7.0%」
While the 14th Medium-Term Management Plan targets ROE of 8% or more, the ROE forecast for the fiscal year ending March 2027 was 7.0%. - FY2026Actual results below the target disclosedAnnual report
「Under this medium-term plan, through the integrated promotion of business, financial and sustainability strategies, we aim for ROE of 8% or higher and PBR of 1x or higher in target fiscal 2027. … ROE 4.6% -2.2% 8% or higher … PBR 0.65x 0.76x 1x or higher」
Against the 14th Medium-Term Management Plan targets of ROE of 8% or higher and PBR of 1x or higher, first-year results were disclosed as ROE of negative 2.2% and PBR of 0.76x. - FY2025ReframedAnnual report
「Under the 14th Medium-Term Management Plan, through the integrated promotion of business, financial and sustainability strategies, we aim for ROE of 8% and PBR of 1x or higher in the target fiscal year 2027.」
After actual ROE came in at 4.6% against the 8% target under the 13th Medium-Term Management Plan, the 14th Medium-Term Management Plan set targets of ROE of 8% and PBR of 1x or higher for fiscal 2027 and reorganized the approach around integrated promotion with the financial strategy. A target of ROIC of 6% or higher was also added. - FY2023Actual results below the target disclosedAnnual report
「ROE － － 8％」
Against the ROE target of 8% for the fiscal year ending March 2025, actual ROE for the fiscal year ended March 2023 was disclosed as 4.0%. - FY2022SoftenedAnnual report
「ROE － － 8％」
The 13th Medium-Term Management Plan set an ROE target of 8% for the fiscal year ending March 2025. The target year and level were revised from the former target of ROE of 10% or higher at the 100th anniversary of the company’s founding. - FY2021Actual results disclosed substantially below targetAnnual report
「② As a capital-efficiency target, we aim for ROE of 10% or higher at the 100th anniversary.」
While the target of ROE of 10% or higher in fiscal 2024 continues, actual ROE for fiscal 2020 was 1.2% and the fiscal 2021 target was 4.5%, with actual results and an interim target disclosed well below the 100th-anniversary target. - FY2020RaisedAnnual report
「As a capital-efficiency target, we aim for ROE of 10% or higher at the 100th anniversary and ROE of 9% or higher in fiscal 2021. While strengthening shareholders’ equity and promoting the stabilization of our management base, we will improve capital efficiency.」
In addition to the former target of ROE of 9% or higher, new time horizons and target levels were presented: ROE of 10% or higher at the 100th anniversary of the company’s founding in 2024 and 9% or higher in fiscal 2021. - FY2018Actual results below the target disclosedAnnual report
「② As a capital-efficiency target, we aim to maintain consolidated ROE of 9% or higher. … Fiscal 2017 actual: 9.0% Fiscal 2018 earnings forecast: 9% or higher Fiscal 2018 medium-term management target: 9% or higher」
While continuing to set a target of ROE of 9% or higher, the return on equity for the fiscal year was 8.96%, slightly below 9% in the disclosure. - FY2017AdvancedAnnual report
「As a target for capital efficiency, we aim to maintain consolidated ROE of at least 9%. While strengthening shareholders’ equity and stabilizing our management base, we will work to improve capital efficiency.」
The capital-efficiency target was quantified as ROE of 9% or higher, while consolidated ROE for the current fiscal year was 9.99%. The target continued through fiscal 2018. - FY2017-Q3RestatedAnnual report
「Among these objectives, we aim first to improve profitability, while also seeking to improve capital efficiency and provide customers with valuable “one-of-a-kind products.”」
The target of improving capital efficiency under the 11th Medium-Term Management Plan is restated in the explanation of the business transfer. - FY2017-Q2First statedAnnual report
「In the current fiscal year, looking ahead to our 100th anniversary in 2024 as a long-term vision, we formulated the 11th Medium-Term Management Plan, “Biltrite Tamura GROWING,” targeting fiscal 2018 (fiscal 2016–2018). Its primary objective is to improve profitability, while also seeking to improve capital efficiency and provide customers with valuable “one-of-a-kind products.”」
The 11th Medium-Term Management Plan explicitly identifies improving capital efficiency, in addition to improving profitability, as a target.