Stable maintenance of an ordinary profit margin on sales of 8% or higher
First written in FY2016. 5 of 19 entries say "Advanced", first in FY2020. Latest entry: FY2026.
Nf Holdings moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 8 of 30 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「The consolidated operating profit margin, used as a management indicator, was 4.5% for the fiscal year ended March 2024, 6.0% for the fiscal year ended March 2025 and 10.3% for the fiscal year ending March 2026, exceeding 10% in the fiscal year under review. The Group will continue working to strengthen product competitiveness through improved technological development capabilities, reduce costs through more efficient production and improve its ability to propose solutions to customers through stronger sales capabilities, with the aim of achieving sustainable growth and steadily maintaining a consolidated operating profit margin of 10% or higher.」
The consolidated operating profit margin reached 10.3% for the fiscal year ending March 2026, exceeding the previous target level of 10% or higher for the full fiscal year. The wording has shifted to an objective of steadily maintaining a margin of 10% or higher going forward. - FY2026-H1AdvancedAnnual report
「Against this backdrop, the Group worked to strengthen its earnings structure by accelerating the integration of technologies across its business fields, strengthening development and sales in priority areas such as repeat products for functional devices and industrial power supply systems, reinforcing procurement and production capacity, and improving cost competitiveness. As a result, orders received during the interim consolidated accounting period were ¥4,444 million, down 9.3% year on year, and revenue was ¥3,974 million, down 2.8%. In terms of earnings, operating profit was ¥261 million, up 28.9% year on year, and ordinary profit was ¥273 million, up 24.3%. The Group recorded an interim net loss of ¥400 million, compared with interim net profit of ¥184 million in the same period of the previous year, and an interim net loss attributable to owners of the parent of ¥160 million, compared with interim net profit attributable to owners of the parent of ¥310 million.」
Operating profit increased 28.9% year on year, bringing the consolidated operating profit margin to approximately 6.6% based on the calculation, but it remained below the previous target level of 10% or higher. The Group recorded an interim net loss due to the impact of extraordinary losses. - FY2025AdvancedAnnual report
「The consolidated operating profit margin, used as a management indicator, was 4.9% for the fiscal year ended March 2023, 4.5% for the fiscal year ended March 2024 and 6.0% for the fiscal year ended March 2025. Although the margin was trending upward, it remained below 10% in the fiscal year under review. The Group will work to strengthen product competitiveness through improved technological development capabilities, reduce costs through more efficient production and improve its ability to propose solutions to customers through stronger sales capabilities, with the aim of achieving sustainable growth and restoring the consolidated operating profit margin to 10% or higher.」
The consolidated operating profit margin improved from 4.5% to 6.0%, but the target of 10% or higher was not achieved, and the Group continues to aim for recovery through technological development, greater production efficiency and stronger sales capabilities. - FY2025-H1WorsenedAnnual report
「As a result, orders received during the interim consolidated accounting period were ¥4,901 million, down 2.0% year on year, and revenue was ¥4,089 million, down 23.7%. In terms of earnings, operating profit was ¥202 million, down 54.9% year on year, ordinary profit was ¥220 million, down 54.0%, and interim net profit was ¥184 million, down 44.6%. Partly due to the recognition of an adjustment to corporate income taxes and other taxes of negative ¥148 million, interim net profit attributable to owners of the parent was ¥310 million, down 1.0%.」
The consolidated operating profit margin was approximately 5.0% based on the calculation, below the target level of 10% or higher. Operating profit and ordinary profit also declined sharply year on year, indicating deterioration in the recovery of earnings. - FY2024-Q2Earnings RecoveryAnnual report
「As a result, orders received during the first 2 quarters of the consolidated cumulative period were ¥5,003 million, down 9.3% year on year, while revenue was ¥5,356 million, up 27.9%. In terms of earnings, ordinary profit was ¥478 million, up 190.4% year on year, quarterly net profit was ¥332 million, up 149.2%, and quarterly net profit attributable to owners of the parent was ¥313 million, up 153.2%.」
Revenue, ordinary profit and quarterly net profit attributable to owners of the parent increased year on year. The main text does not explicitly state the ratio showing progress toward the target of a consolidated operating profit margin of 10% or higher. - FY2023WorsenedAnnual report
「The consolidated operating profit margin, used as a management indicator, was 6.6% for the fiscal year ended March 2021, 9.4% for the fiscal year ended March 2022 and 4.9% for the fiscal year ended March 2023, falling below 10% in the fiscal year under review. The Group will work to strengthen product competitiveness through improved technological development capabilities, reduce costs through more efficient production and improve its ability to propose solutions to customers through stronger sales capabilities, with the aim of achieving sustainable growth and restoring the consolidated operating profit margin to 10% or higher.」
The consolidated operating profit margin declined from 9.4% in the previous fiscal year to 4.9%, and the failure to meet the target of 10% or higher has continued. The Group aims to restore it through technological development, greater production efficiency and stronger sales capabilities. - FY2023-Q3WorsenedAnnual report
「As a result, orders received during the first 3 quarters of the consolidated cumulative period were ¥8,418 million, up 11.8% year on year, while revenue was ¥6,619 million, down 4.7%. In terms of earnings, ordinary profit was ¥398 million, down 42.0% year on year, quarterly net profit was ¥273 million, down 49.8%, and quarterly net profit attributable to owners of the parent was ¥226 million, down 46.8%.」
Although orders received increased, revenue, ordinary profit, quarterly net profit and quarterly net profit attributable to owners of the parent were below the same period of the previous year, indicating that the deterioration in earnings has continued. - FY2023-Q1WorsenedAnnual report
「As a result, revenue for the first quarter of the consolidated cumulative period was ¥1,826 million, down 19.9% year on year. In terms of earnings, the Group recorded an ordinary loss of ¥32 million, compared with ordinary profit of ¥182 million in the same period of the previous year; a quarterly net loss of ¥7 million, compared with quarterly net profit of ¥127 million; and a quarterly net loss attributable to owners of the parent of ¥11 million, compared with quarterly net profit attributable to owners of the parent of ¥93 million.」
No new ratio relating to the target of a consolidated operating profit margin of 10% or higher is stated, but revenue declined and ordinary profit and net profit turned from profits in the same period of the previous year to losses. - FY2022AdvancedAnnual report
「The consolidated operating profit margin, used as a management indicator, was 11.6% for the fiscal year ended March 2020, 6.6% for the fiscal year ended March 2021 and 9.4% for the fiscal year ended March 2022, falling below 10% in the fiscal year under review. The Group will work to strengthen product competitiveness through improved technological development capabilities, reduce costs through more efficient production and improve its ability to propose solutions to customers through stronger sales capabilities, with the aim of achieving sustainable growth and restoring the consolidated operating profit margin to 10% or higher.」
The consolidated operating profit margin improved from 6.6% to 9.4%, but the target of 10% or higher was not achieved, and the Group aims to restore it through technological development, greater production efficiency and stronger sales capabilities. - FY2021WorsenedAnnual report
「The consolidated operating profit margin, used as a management indicator, was 11.9% for the fiscal year ended March 2019, 11.6% for the fiscal year ended March 2020 and 6.6% for the fiscal year ended March 2021, falling below 10% in the fiscal year under review. The Group aims to restore the consolidated operating profit margin to 10% at an early date and return revenue to a sustainable growth trajectory by strengthening product competitiveness through improved technological development capabilities, reducing costs through more efficient production, and improving its ability to propose solutions to customers through stronger sales capabilities.」
Against the target of a consolidated operating profit margin of 10% or higher, the margin was 6.6% for the fiscal year ended March 2021, falling short of the target. The Group indicates that it intends to restore the margin to 10% at an early date through technological development, greater production efficiency and stronger sales capabilities. - FY2020AdvancedAnnual report
「The consolidated operating profit margin, used as a management indicator, was 10.9% for the fiscal year ended March 2018, 11.9% for the fiscal year ended March 2019 and 11.6% for the fiscal year ended March 2020, exceeding 10% for 3 consecutive fiscal years. The Group will continue working to improve its technological development capabilities, increase production efficiency and strengthen its sales capabilities, with the aim of achieving sustainable revenue growth and steadily maintaining its consolidated operating profit margin.」
It shows that the consolidated operating profit margin exceeded 10% for 3 consecutive fiscal years from the fiscal year ended March 2018. The target itself remains steady maintenance of that level. - FY2019ReframedAnnual report
「By improving its technological development capabilities, strengthening its sales capabilities and improving cost competitiveness, the Group aims to achieve sustainable revenue growth and steadily maintain a consolidated operating profit margin of 10% or higher, and is focusing on achieving stable medium- to long-term corporate growth resilient to changes in the business environment.」
The Group has changed its management indicator from the previous target of a consolidated ordinary profit margin of 8% or higher to a new target of a consolidated operating profit margin of 10% or higher. It states that the consolidated operating profit margin was 11.9% for the fiscal year ended March 2019. - FY2017DroppedAnnual report
「Amid various changes in the business environment, the Group is working to improve its technological development capabilities, strengthen its sales capabilities and improve cost competitiveness, with the aim of expanding revenue and improving management efficiency for medium- to long-term growth.」
The explicit previous management target of a consolidated ordinary profit margin of 8% or higher is not stated in this annual securities report and has been replaced with language referring to revenue growth and improved management efficiency. - FY2017-Q3RestatedAnnual report
「The Group set a near-term management target of steadily maintaining a consolidated ordinary profit margin of 8% or higher and has steadily improved profitability and strengthened its financial position through original product development, systematic strengthening of sales capabilities and further cost reductions.」
It continues to state the target of a consolidated ordinary profit margin of 8% or higher and the means of achieving it: product development, stronger sales capabilities and cost reductions. - FY2017-Q2RestatedAnnual report
「The Group set a near-term management target of steadily maintaining a consolidated ordinary profit margin of 8% or higher and has steadily improved profitability and strengthened its financial position through original product development, systematic strengthening of sales capabilities and further cost reductions.」
It continues to state the target of a consolidated ordinary profit margin of 8% or higher and the means of achieving it: product development, stronger sales capabilities and cost reductions. - FY2017-Q1RestatedAnnual report
「The Group set a near-term management target of steadily maintaining a consolidated ordinary profit margin of 8% or higher and has steadily improved profitability and strengthened its financial position through original product development, systematic strengthening of sales capabilities and further cost reductions.」
It continues to state the near-term target of a consolidated ordinary profit margin of 8% or higher and the means of achieving it as before. - FY2016First statedAnnual report
「The Group set a near-term management target of steadily maintaining a consolidated ordinary profit margin of 8% or higher and has steadily improved profitability and strengthened its financial position through original product development, systematic strengthening of sales capabilities and further cost reductions.」
It explicitly sets a near-term numerical target of 8% or higher, with product development, sales capabilities and cost reductions as the means of achieving it.