Policy of using operating profit and equity ratio as key management indicators
First written in FY2021. 2 of 4 entries say "Reframed", first in FY2023. Latest entry: FY2026.
Nitchitsu moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
2 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The target management indicators under the new management plan following Shin-Nitchitsu 2025 are currently being formulated, and will be disclosed promptly after formulation.」
While the policy of adding ROE and ROIC to the existing key indicators remains in place, new target values under the next management plan are still being formulated. - FY2023ReframedAnnual report
「In addition, the medium-term management plan, Shin-Nitchitsu 2025, incorporates return on equity (ROE) and return on invested capital (ROIC), which are indicators of the profitability of invested capital, as management indicators. This is intended to present the Group's desired future in an easily understood form to the market and to formulate a plan that takes into account the company's cost of capital.」
In addition to the existing indicators, including operating profit, operating margin and equity ratio, the company added ROE and ROIC, which take into account the cost of capital, to the management indicators in its medium-term plan. - FY2022-Q3RestatedAnnual report
「By diligently advancing these initiatives, the company will work to improve and enhance its key management indicators and secure and enhance not only its corporate value but also the common interests of its shareholders.」
The policy of securing and enhancing corporate value and the common interests of shareholders through improvements in key management indicators continues. - FY2021First statedAnnual report
「The Group regards operating profit, which indicates the results of its core business activities as a company, as a key management indicator. In addition, it uses ordinary profit, net income, operating margin and other measures as key management indicators, as well as the equity ratio from the perspective of strengthening its financial position.」
The company presented, as a separate item, a policy of using operating profit, ordinary profit, net income, operating margin and equity ratio as key management indicators.