Management That Takes Capital Costs into Account and ROE of 10% or Higher
First written in FY2019. 3 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Update on financial target performance under Nitto for Everyone 2025Annual report
「As a result, we achieved the financial targets set for the current consolidated fiscal year, namely operating profit of ¥170 billion and an operating margin of 17%. However, we did not reach the ROE target of 15%, and will work to further improve capital efficiency under the next medium-term management plan.」
Under Nitto for Everyone 2025, achieved the operating profit and operating margin targets, but fell short of the 15% ROE target and identified improving capital efficiency as an issue for the next plan. - FY2024RestatedAnnual report
「Under “Nitto for Everyone 2025,” the Group set management targets for the end of fiscal 2025 of operating profit of ¥170 billion, an operating margin of 17%, and ROE (profit attributable to owners of the parent divided by equity attributable to owners of the parent) of 15%.」
Continues to target operating profit of ¥170 billion, an operating margin of 17%, and ROE of 15% for the end of fiscal 2025. FY2024 operating profit was ¥139.132 billion and ROE was 10.9%. - FY2023RaisedAnnual report
「Under “Nitto for Everyone 2025,” the Group set management targets for the end of fiscal 2025 of operating profit of ¥170 billion, an operating margin of 17%, and ROE (profit attributable to owners of the parent divided by equity attributable to owners of the parent) of 15%.」
Raised the ROE target from 12% under Nitto Beyond 2023 to 15% for the end of fiscal 2025. Also newly set targets of ¥170 billion for operating profit and 17% for the operating margin. - FY2022Update to ROE resultsAnnual report
「Consolidated operating profit for the fiscal year was ¥132.26 billion, and consolidated ROE was 12.6%.」
Against the ROE target of 12% for the end of fiscal 2023, disclosed consolidated ROE of 12.6% for the fiscal year. The target deadline had not yet arrived, and the disclosure did not state that the target had been achieved. - FY2022-Q3RestatedAnnual report
「As management targets for the end of fiscal 2023, we set revenue at ¥920 billion, operating profit at ¥140 billion, an operating margin of 15%, and ROE (profit attributable to owners of the parent divided by equity attributable to owners of the parent) at 12%.」
Reaffirmed the targets for revenue, operating profit, operating margin and ROE for the end of fiscal 2023. - FY2022-Q2RaisedAnnual report
「As management targets for the end of fiscal 2023, we set revenue at ¥920 billion, operating profit at ¥140 billion, an operating margin of 15%, and ROE (profit attributable to owners of the parent divided by equity attributable to owners of the parent) at 12%.」
Raised the ROE target from the previous level of 10% or more to 12% for the end of fiscal 2023. - FY2020RestatedAnnual report
「We will also promote management focused on the cost of capital and aim to maintain ROE of 10% or more.」
Reaffirmed the goal of maintaining ROE of 10% or more through management focused on the cost of capital. - FY2019First statedAnnual report
「We will also promote management focused on the cost of capital and aim to maintain ROE of 10% or more.」
Explicitly stated management focused on the cost of capital as a new policy and aims to maintain ROE of 10% or more.