Komori
Kyoritsu Electric (6874) · TargetTarget for sales ordinary profit margin achieved; ROE target missed

Consolidated ordinary profit margin of 5% and consolidated ROE of 10%

First written in FY2016. 1 of 9 entries say "Advanced", first in FY2017. Latest entry: FY2026.

9entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017 – FY2018OtherFY2019 – FY20262016: 12017: 120172018: 120182019: 120192020: 020202021: 120212022: 120222023: 120232024: 120242025: 020252026: 12026
Same theme, other companies
Improving ROE and Ordinary Profit Margin on SalesA theme 40 companies write about · 2 as a headwind · 41 as a tailwind

The whole theme swung hardest in 2020: 9 of 32 companies on the "Worse" side.

7 other companies' latest entry also says "Other".

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 40 companies compared. The sentences above are computed from all 40.
Full recordFilings, disclosures and news, newest first
  1. FY2026Target for sales ordinary profit margin achieved; ROE target missedAnnual report

    「Our immediate targets are a consolidated ordinary profit margin on sales of 8% and consolidated ROE of 15%, but for the consolidated fiscal year, the respective figures were 8.1% and 9.1%.」

    The ordinary profit margin on sales was 8.1%, exceeding the 8% target, while ROE was 9.1%, below the 15% target.
  2. FY2024Actual results updated; shortfall against targets narrowedAnnual report

    「Our current targets are an 8% consolidated ordinary profit margin on sales and 15% consolidated ROE, but the figures for the fiscal year ended were 7.7% and 10.4%, respectively.」

    The targets of an 8% ordinary profit margin on sales and 15% ROE were maintained. Actual results were 7.7% and 10.4%, respectively, improving from 7.1% and 10.0% in the previous period, but both remained below target.
  3. FY2023Actual results updated; shortfall against targets narrowedAnnual report

    「Our current targets are an 8% consolidated ordinary profit margin on sales and 15% consolidated ROE, but the figures for the fiscal year ended were 7.1% and 10.0%, respectively.」

    The targets of an 8% ordinary profit margin on sales and 15% ROE were maintained. Actual results were 7.1% and 10.0%, respectively, improving from 5.7% and 7.6% in the previous period, but both remained below target.
  4. FY2022Actual results updated; shortfall against targets narrowedAnnual report

    「Our current targets are an 8% consolidated ordinary profit margin on sales and 15% consolidated ROE, but the figures for the fiscal year ended were 5.7% and 7.6%, respectively.」

    The targets of an 8% ordinary profit margin on sales and 15% ROE were maintained. Actual results were 5.7% and 7.6%, respectively, improving from 5.1% and 6.6% in the previous period, but both remained below target.
  5. FY2021Actual results updated; shortfall against targets widenedAnnual report

    「Our current targets are an 8% consolidated ordinary profit margin on sales and 15% consolidated ROE, but the figures for the fiscal year ended were 5.1% and 6.6%, respectively.」

    The targets of an 8% ordinary profit margin on sales and 15% ROE were maintained, while actual results for the period were 5.1% and 6.6%, respectively, down from 6.6% and 12.4% reported for the previous period.
  6. FY2019RestatedAnnual report

    「Accordingly, the management indicators we place the greatest importance on are the consolidated ordinary profit margin on sales as a measure of improving profitability, and consolidated ROE as a measure of selective investment in growth areas. Our current targets are an 8% consolidated ordinary profit margin on sales and 15% consolidated ROE, but the figures for the fiscal year ended were 6.6% and 12.4%, respectively.」

    The targets of an 8% ordinary profit margin on sales and 15% ROE were maintained, while actual results for the period were 6.6% and 12.4%, respectively.
  7. FY2018RaisedAnnual report

    「Accordingly, we had previously set a 5% consolidated ordinary profit margin on sales as our target for improving profitability, but having achieved that target in the fiscal year ended, we are setting a new target of 8%. We had also set consolidated ROE of 10% as our target for selective investment in growth areas, but as the 10% target has already been achieved, we are revising the consolidated ROE target to 15% and will use these as our current targets.」

    Following achievement of the previous targets of a 5% ordinary profit margin on sales and 10% ROE, the targets were raised to 8% and 15%, respectively.
  8. FY2017AdvancedAnnual report

    「Accordingly, the management indicators we place the greatest importance on are the consolidated ordinary profit margin on sales as a measure of improving profitability, and consolidated ROE as a measure of selective investment in growth areas. Our current targets are a 5% consolidated ordinary profit margin on sales and 10% consolidated ROE, but the figures for the fiscal year ended were 4.7% and 11.5%, respectively.」

    The targets were maintained at a 5% ordinary profit margin on sales and 10% ROE. ROE exceeded the target at 11.5% for the period, while the ordinary profit margin on sales fell short at 4.7%.
  9. FY2016First statedAnnual report

    「Accordingly, the management indicators we place the greatest importance on are the consolidated ordinary profit margin on sales as a measure of improving profitability, and consolidated ROE as a measure of selective investment in growth areas. Our current targets are a 5% consolidated ordinary profit margin on sales and 10% consolidated ROE, but the figures for the fiscal year ended were 3.7% and 9.0%, respectively.」

    The current targets are a 5% ordinary profit margin on sales and 10% ROE, while actual results for the period were 3.7% and 9.0%, respectively.
Moved together

"Stable, Ongoing Dividends and Dividend Increases" moved the same way as this thread, in the same document, in 2 of its 9 moves.

2222★1234
  1. ★This thread
  2. 1Stable, Ongoing Dividends and Dividend Increases2×
  3. 2Record highs in net sales, operating income, ordinary income and net income2×
  4. 3Higher Revenue and Substantial Profit Growth in the Intelligent FA Systems Business2×
  5. 4Enhancements to KDLinX and Expansion of Its Product Lineup2×

★ 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.

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