Financial Targets under the 2021 Business Plan (Recovery of Earning Power and Financial Efficiency)
First written in FY2021-Q3. 2 of 11 entries say "Advanced", first in FY2022. Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024Full-year results disclosed for the fiscal 2023 targets, with some targets not achievedAnnual report
「The “2021 Business Plan” set a 7% business profit margin, 12% ROE and maintaining interest-bearing debt at ¥0.9 trillion as targets for the current consolidated fiscal year, but the actual figures were a 6.1% business profit margin, 11.1% ROE and ¥728.9 billion in interest-bearing debt.」
In the final year of the 2021 Business Plan, the 6.1% business profit margin and 11.1% ROE fell short of the targets, while interest-bearing debt was ¥728.9 billion, below the target of ¥0.9 trillion. - FY2024-Q3Third-quarter interest-bearing debt results disclosedAnnual report
「The Group had set targets for the end of fiscal 2023 of a “7% business profit margin,” “ROE of 12%” and “maintaining interest-bearing debt at ¥0.9 trillion.” At the end of the third quarter, interest-bearing debt consisted of ¥583.691 billion due within one year and ¥597.743 billion due after more than one year, for a total of ¥1,181.434 billion.」
In connection with the target of maintaining interest-bearing debt at ¥0.9 trillion at the end of fiscal 2023, the Group disclosed actual interest-bearing debt of ¥1,181.434 billion at the end of the third quarter. This increased from ¥900.295 billion at the end of the second quarter and exceeded the target amount. - FY2024-Q2Second-quarter interest-bearing debt results disclosedAnnual report
「At the end of the second quarter, interest-bearing debt comprised ¥298.901 billion maturing within 1 year and ¥601.393 billion maturing after more than 1 year, for a total of ¥900.295 billion.」
In connection with the target of maintaining interest-bearing debt at ¥0.9 trillion at the end of fiscal 2023, the Group disclosed actual interest-bearing debt of ¥900.295 billion at the end of the second quarter. This was ¥295 million above the target amount. - FY2024-Q1First-quarter interest-bearing debt results disclosedAnnual report
「At the end of the first quarter, interest-bearing liabilities comprised ¥283.374 billion with maturities of 1 year or less and ¥607.392 billion with maturities of more than 1 year, for a total of ¥890.767 billion.」
In connection with the target of maintaining interest-bearing debt at ¥0.9 trillion at the end of fiscal 2023, the Group disclosed actual interest-bearing debt of ¥890.767 billion at the end of the first quarter. - FY2023AdvancedAnnual report
「The Group had set targets for the end of fiscal 2023 of a “7% business profit margin,” “ROE of 12%” and “maintaining interest-bearing debt at ¥0.9 trillion.” In the current consolidated fiscal year, the actual figures were a “4.6% business profit margin,” “ROE of 7.9%” and “interest-bearing debt of ¥742.4 billion.” In terms of progress, profitability was broadly in line with expectations, while financial soundness improved more than expected.」
Against the fiscal 2023 targets, the Group disclosed fiscal 2022 results of a 4.6% business profit margin, 7.9% ROE and ¥742.4 billion in interest-bearing debt. - FY2023-Q3Third-quarter interest-bearing debt results disclosedAnnual report
「At the end of the third quarter, interest-bearing liabilities comprised ¥388.363 billion with maturities of 1 year or less and ¥608.983 billion with maturities of more than 1 year, for a total of ¥997.346 billion.」
In connection with the target of maintaining interest-bearing debt at ¥0.9 trillion at the end of fiscal 2023, the Group disclosed actual interest-bearing debt of ¥997.346 billion at the end of the third quarter. This increased from ¥874.057 billion at the end of the second quarter and exceeded ¥0.9 trillion. - FY2023-Q2Second-quarter interest-bearing debt results disclosedAnnual report
「At the end of the second quarter, interest-bearing debt consisted of ¥253.527 billion due within one year and ¥620.529 billion due after more than one year, for a total of ¥874.057 billion.」
In connection with the target of maintaining interest-bearing debt at ¥0.9 trillion at the end of fiscal 2023, the Group disclosed actual interest-bearing debt of ¥874.057 billion at the end of the second quarter. This was down from ¥1,129.896 billion at the end of the first quarter. - FY2023-Q1First-quarter interest-bearing debt results disclosedAnnual report
「At the end of the first quarter, interest-bearing debt consisted of ¥402.103 billion due within one year and ¥567.377 billion due after more than one year, for a total of ¥969.480 billion.」
In connection with the target of maintaining interest-bearing debt at ¥0.9 trillion at the end of fiscal 2023, the Group disclosed actual interest-bearing debt of ¥969.480 billion at the end of the first quarter. - FY2022AdvancedAnnual report
「The Group set targets for the end of fiscal 2023 of a “7% business profit margin,” “ROE of 12%” and “maintaining interest-bearing debt at ¥0.9 trillion.” In the current consolidated fiscal year, the first year of the plan, the actual figures were a “4.2% business profit margin,” “ROE of 7.7%” and “interest-bearing debt of ¥734.9 billion.”」
Against the fiscal 2023 targets, the Group disclosed first-year fiscal 2021 results of a 4.2% business profit margin, 7.7% ROE and ¥734.9 billion in interest-bearing debt. It explained that financial soundness had improved more than expected. - FY2021SoftenedAnnual report
「Under “Recovery and strengthening of earnings power,” the Group set financial targets for the end of fiscal 2023 of a “7% business profit margin,” “ROE of 12%” and “maintaining interest-bearing debt at ¥0.9 trillion,” and began implementing specific measures for each business to achieve them.」
The targets of a 7% business profit margin, 12% ROE and maintaining interest-bearing debt at ¥0.9 trillion at the end of fiscal 2023 were reiterated, while the total asset turnover target of 0.9 times presented in the previous quarter was not reiterated in the main text of the annual management plan. - FY2021-Q3First statedAnnual report
「The 2021 Business Plan established four financial targets for the end of fiscal 2023: an operating profit margin of 7%, ROE of 12%, total asset turnover of 0.9 times and interest-bearing debt of ¥0.9 trillion or less. To achieve these targets, the Group will implement various measures to improve the profitability of each business, including reducing development costs for the Mitsubishi SpaceJet.」
In the medium-term management plan for fiscal 2021 through fiscal 2023, the Group presented, for the first time as an integrated set, four financial targets to be achieved by the end of fiscal 2023: business profit margin, ROE, total asset turnover and interest-bearing debt.