Return to ¥50 Billion in Annual Revenue
First written in FY2016. 1 of 5 entries say "Dropped", first in FY2018. Latest entry: FY2018.
The whole theme swung hardest in 2022: 5 of 40 companies on the "Worse" side.
14 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「We take seriously the substantial net loss recorded in the consolidated fiscal year and will work earnestly to rebuild a management foundation capable of generating reliable profits.」
The previous target of returning to ¥50 billion in annual revenue is not mentioned in this filing, while the focus has shifted from a revenue-scale target to rebuilding the profit base. - FY2018-Q3Revenue growth outlook also falls short in the third quarterAnnual report
「Against this backdrop, our revenue increased year on year because sales for the automotive market remained solid. However, sales to Chinese smartphone manufacturers, for which we had expected revenue growth, remained weak. As a result, we were unable to absorb the increase in costs associated with higher capital investment and recorded a loss in the third quarter, following the second quarter.」
Sales to Chinese smartphone manufacturers, from which revenue growth had been expected, remained weak in the third quarter as well, and the company was unable to absorb the costs associated with higher capital investment, resulting in a loss. - FY2018-Q2Full-scale revenue growth plan falls shortAnnual report
「We had planned for full-scale revenue growth from the second quarter, but sales to Chinese smartphone manufacturers ended well below plan.」
Although the target of returning to ¥50 billion in annual revenue was not reiterated in the current quarter, the company stated that sales to Chinese smartphone manufacturers under the related full-scale revenue growth plan fell well below expectations. - FY2017Achievement year specifiedAnnual report
「After returning to ¥50 billion in annual revenue in fiscal 2017, our group will continue on a growth trajectory focused on the automotive market, where solid demand is expected.」
The company reiterated its target of returning to ¥50 billion in annual revenue, explicitly stating fiscal 2017 as the target year and identifying the automotive market as the focus of its growth strategy. - FY2016First statedAnnual report
「We will work to return to ¥50 billion in annual revenue.」
For the first time, the company has explicitly stated its target of recovering revenue scale through stepped-up new product development and market launches.