Plan for Higher Revenue and Profit for the Fiscal Year Ending March 2017
First written in FY2016. . Latest entry: FY2022.
The whole theme swung hardest in 2019: 2 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2022Annual results exceeded the sales plan but fell short of the profit planAnnual report
「As a result, net sales increased 20.1% year on year to ¥43,863 million. On the earnings side, although the increase in sales improved fixed-cost absorption and the company pursued cost reductions through greater in-house production, operating profit increased 55.9% year on year to ¥4,520 million, ordinary profit increased 62.9% to ¥4,838 million, and profit attributable to owners of the parent increased 82.7% to ¥3,913 million, reflecting the adverse effects of surging raw-material and transportation costs and higher logistics costs due to supply-chain disruptions.」
For the fiscal year ending March 2022, net sales were ¥43,863 million, exceeding the ¥42 billion sales target in the revised medium-term management plan. Operating profit, however, was ¥4,520 million, below the ¥6.7 billion target. - FY2022-Q2First-half results exceeded the initial planAnnual report
「In addition, the yen's depreciation contributed to the result. Net sales increased 45.8% year on year to ¥21,978 million, setting a record high for a first-half consolidated period and exceeding the initial plan.」
Net sales for the first six months of the current consolidated fiscal year increased 45.8% year on year to ¥21,978 million, reaching a record high for the period and exceeding the initial plan. - FY2022-Q1Update to results accompanying quarterly earnings recoveryAnnual report
「Against this backdrop, the group's net sales increased sharply by approximately 90% year on year, partly because automobile production and sales volumes in the first quarter of the previous fiscal year had declined worldwide due to the spread of COVID-19. Sales were also approximately 10% higher than in the same quarter two years earlier, reaching the highest level in the company's history for a quarterly consolidated accounting period.」
Net sales increased by approximately 90% from the same period of the previous year, which was affected by COVID-19, and were also approximately 10% higher than in the same period two years earlier. Quarterly consolidated net sales reached a record high. - FY2021Update to the following fiscal year's earnings outlookAnnual report
「Accordingly, for the fiscal year ending March 2022, consolidated net sales are forecast at ¥42 billion, up 15.0% year on year, consolidated operating profit at ¥6.7 billion, up 131.0%, consolidated ordinary profit at ¥6.6 billion, up 122.2%, and profit attributable to owners of the parent at ¥4.8 billion, up 124.1%.」
For the fiscal year ending March 2022, the earnings outlook indicates net sales of ¥42 billion, operating profit of ¥6.7 billion, ordinary profit of ¥6.6 billion and profit attributable to owners of the parent of ¥4.8 billion. - FY2019Results fell short of the annual planAnnual report
「As a result, despite weak market conditions, net sales reached a record high, increasing 1.4% year on year to ¥42,834 million.」
Against the ¥45.5 billion net sales plan for the fiscal year ending March 2019 announced the previous year, actual net sales were ¥42,834 million. Net sales themselves, however, reached a record high. - FY2018Update to the annual planAnnual report
「For the fiscal year ending March 2019, on the sales side, the company expects an increase in product supply for ADAS applications related to safety features such as collision prevention, whose adoption is progressing in the automotive market, as well as for automotive drivetrains. It will also focus on the industrial market, where growth is expected, while pursuing new customers. Sales are expected to grow both domestically and overseas to ¥45.5 billion, up 7.7% year on year. On the earnings side, higher volumes are expected to improve fixed-cost absorption, while the promotion of cost reductions through automation and rationalization, expanded in-house production of key processes and improved productivity are expected to improve the cost ratio. Consolidated operating profit is forecast at ¥8.9 billion, up 5.6%, consolidated ordinary profit at ¥8.7 billion, up 10.5%, and profit attributable to owners of the parent at ¥6.1 billion, up 11.8%.」
For the fiscal year ending March 2019, a new annual plan has been set at ¥45.5 billion in net sales, ¥8.9 billion in operating profit, ¥8.7 billion in ordinary profit and ¥6.1 billion in profit attributable to owners of the parent. - FY2017Realization of the previous fiscal year's plan and update to the following fiscal year's planAnnual report
「For the fiscal year ending March 2018, on the sales side, the company expects an increase in product supply for ADAS (advanced driver assistance systems) applications related to safety features such as collision prevention, whose adoption is progressing in the automotive market. It will also focus on automotive drivetrains and the industrial equipment market, where growth is expected, while pursuing new customers. Sales are expected to grow, led by sales bases in Europe and the United States, to ¥40 billion, up 6.5% year on year. On the earnings side, higher volumes are expected to improve fixed-cost absorption, while the benefits of cost reductions from automation and rationalization, expanded in-house production of key processes and improved productivity are expected to improve the cost ratio. Consolidated operating profit is forecast at ¥7.2 billion, up 8.1%, consolidated ordinary profit at ¥7.2 billion, up 6.7%, and profit attributable to owners of the parent at ¥5.2 billion, up 6.7%.」
For the fiscal year ending March 2017, net sales, operating profit, ordinary profit and net profit were ¥38.3 billion, ¥6.9 billion, ¥6.9 billion and ¥5.1 billion, respectively, below the targets announced the previous year. For the fiscal year ending March 2018, new targets have been set at ¥40 billion in net sales, ¥7.2 billion in operating profit, ¥7.2 billion in ordinary profit and ¥5.2 billion in net profit. - FY2016First statedAnnual report
「On the sales side, the company is focusing on ADAS (advanced driver assistance systems) for safety applications such as drivetrains and collision prevention in the automotive market, where growth is expected, while also anticipating growth in products for the industrial equipment market. At constant exchange rates from the current fiscal year, this would result in higher sales. However, as the yen is trending stronger, net sales are forecast at ¥38.3 billion, up 0.2% year on year. On the earnings side, higher volumes are expected to improve fixed-cost absorption, while the benefits of cost reductions from automation and rationalization implemented from the current fiscal year, as well as further improvement in the cost ratio through expanded in-house production of key processes, are expected to contribute. Consolidated operating profit is forecast at ¥6.9 billion, up 5.0%, consolidated ordinary profit at ¥6.9 billion, up 4.5%, and profit attributable to owners of the parent at ¥5.1 billion, up 26.1%.」
The plan quantifies sales, operating profit, ordinary profit and profit attributable to owners of the parent for the following fiscal year.