Sales, Profit, and ROE Targets under the 2020 Medium-Term Management Plan
First written in FY2018. 7 of 11 entries say "Restated". Latest entry: FY2021.
Nippon Tungsten moved to the "Worse" side of this theme in 2021.
1 other company's latest entry also says "Reframed".
- FY2021ReframedAnnual report
「Ahead of its 100th anniversary in 2031, the Group formulated the Japan Tungsten Group 2024 Medium-Term Management Plan, positioning the 4 years through 2024 as a period for strengthening the foundations for growth and initiating growth toward the 100th anniversary. The plan aims to establish a business structure capable of securing stable earnings regardless of changes in the external environment and to commercialize new products needed for growth at an early stage.」
After the 2020 Medium-Term Management Plan ended, the planning framework was changed to the 2024 Medium-Term Management Plan, which looks ahead to the Group's 100th anniversary in 2031. - FY2021-Q1RestatedAnnual report
「As initiatives to enhance corporate value, we will promote the following basic strategies, focusing on 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets.」
The Company reaffirmed the 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. - FY2020SoftenedAnnual report
「The fiscal 2019 numerical targets set out in the Japan Tungsten Group 2020 Medium-Term Management Plan were not achieved for either consolidated revenue or consolidated operating profit. Although ROE reached the fiscal 2019 target, it deteriorated from the fiscal 2018 result. The outlook for the fiscal 2020 numerical targets is also uncertain due to delays in new product development and worsening market conditions resulting from the spread of COVID-19.」
The fiscal 2019 revenue and operating profit targets were not achieved, and ROE deteriorated from the fiscal 2018 result. The Company also stated that the final-year fiscal 2020 plan was uncertain due to delays in new product development and worsening market conditions. - FY2020-Q3RestatedAnnual report
「As initiatives to enhance corporate value, we will promote the following basic strategies, focusing on 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets.」
The Company reaffirmed the 4 top-priority issues under the medium-term management plan: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. - FY2020-Q2RestatedAnnual report
「As initiatives to enhance corporate value, we will promote the following basic strategies, focusing on 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets.」
The Company reaffirmed the 4 top-priority issues under the medium-term management plan: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. - FY2020-Q1RestatedAnnual report
「As initiatives to enhance corporate value, we will promote the following basic strategies, focusing on 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets.」
The Company reaffirmed the 4 top-priority issues under the medium-term management plan: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. - FY2019AdvancedAnnual report
「The numerical plan for fiscal 2018 under the medium-term management plan called for revenue of ¥11,300 million, operating profit of ¥600 million and ROE of 6.1%. In terms of actual results, magnetic head substrates for hard disk drives (HDDs), a core product, benefited from increased demand for high-capacity HDDs, including nearline storage, resulting in revenue exceeding the plan. As a result, the Company achieved its targets in fiscal 2018, with revenue of ¥12,651 million, operating profit of ¥1,029 million and ROE of 8.5%.」
In the first year of the 2020 Medium-Term Management Plan, the Company exceeded its fiscal 2018 plans for revenue, operating profit and ROE. For fiscal 2019, it forecasts revenue of ¥12,400 million, operating profit of ¥820 million and ROE of 7.2%. - FY2019-Q3RestatedAnnual report
「As initiatives to enhance corporate value, we will promote the following basic strategies, focusing on 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets.」
The Company reaffirmed the 4 top-priority issues under the medium-term management plan: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. - FY2019-Q2RestatedAnnual report
「As initiatives to enhance corporate value, we will promote the following basic strategies, focusing on 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets.」
The Company reaffirmed the 4 top-priority issues under the medium-term management plan: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. - FY2019-Q1RestatedAnnual report
「As initiatives to enhance corporate value, we will promote the following basic strategies, focusing on 4 top-priority issues: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets.」
The Company reaffirmed the 4 priority issues under the 2020 Medium-Term Management Plan: developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. - FY2018First statedAnnual report
「Under the 2020 Medium-Term Management Plan, the basic policies are developing human resources, creating new products, strengthening manufacturing and expanding sales in global markets. The numerical targets for the final year, 2020, are revenue of ¥14,200 million, operating profit of ¥1,200 million and ROE of 8.3%. We will formulate specific action plans under the 2020 Medium-Term Management Plan and implement each priority initiative to achieve these targets.」
The Company formulated and announced a medium-term management plan running through 2020, ahead of its 100th anniversary, setting numerical targets of ¥14,200 million in revenue, ¥1,200 million in operating profit and ROE of 8.3%, together with 4 basic policies.