Improving Sales, Ordinary Profit Margin and ROE
First written in FY2019. 1 of 7 entries say "Raised", first in FY2021. Latest entry: FY2025.
The whole theme swung hardest in 2020: 9 of 32 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2025Targets unchanged; actual results deterioratedAnnual report
「The Group aims to improve profitability and asset efficiency, and has set near-term targets of a 10% revenue growth rate, a 10% ordinary profit margin and 20% ROE as important management indicators. Going forward, the Group will continue opening new facilities, primarily in its welfare business, while seeking to improve revenue and its ordinary profit margin at existing facilities through appropriate operations and improvements in operational efficiency. ROE for the consolidated fiscal year was 0.1%. The Group intends to continue raising ROE by strengthening necessary growth investments while improving its earnings power.」
The targets remained unchanged at a 10% revenue growth rate, a 10% ordinary profit margin and 20% ROE. FY2025 results were a 6.1% revenue growth rate, a 1.9% ordinary profit margin and 0.1% ROE, with the ordinary profit margin and ROE declining from the previous fiscal year. - FY2024Targets unchanged; actual results improved but still missed targetsAnnual report
「The Group aims to improve profitability and asset efficiency, and has set near-term targets of a 10% revenue growth rate, a 10% ordinary profit margin and 20% ROE as important management indicators. Although revenue at existing facilities recovered and facilities opened in the previous fiscal year got off to a smooth start, the Group focused on improving its earnings structure and consequently closed low-productivity facilities and limited the number of new facilities opened. As a result, the revenue growth rate for the consolidated fiscal year was 6.0% and the ordinary profit margin was 2.5%. Going forward, the Group will continue opening new facilities, primarily in its welfare business, while seeking to improve revenue and its ordinary profit margin at existing facilities through appropriate operations and improvements in operational efficiency. ROE for the consolidated fiscal year was 8.3%. The Group intends to continue raising ROE by strengthening necessary growth investments while improving its earnings power.」
The targets remained unchanged at a 10% revenue growth rate, a 10% ordinary profit margin and 20% ROE. FY2024 results were 6.0%, 2.5% and 8.3%, respectively. The filing states that performance improved from the previous year but did not reach the target levels. - FY2023-Q3Added measures to expand use of existing facilitiesAnnual report
「In terms of revenue, the Group worked to attract new users, increase the frequency of use and improve services at existing facilities in its welfare and care businesses.」
In connection with the existing theme of improving profitability by raising revenue and profit margins, the Group specified revenue-related measures consisting of attracting new users, increasing the frequency of use and improving services. - FY2023-Q1Specific earnings improvement measuresAnnual report
「At existing facilities, the Group reviewed various expenses, including personnel costs, to improve profitability, while focusing on launching facilities acquired through M&A in the previous fiscal year.」
In connection with the policy of improving revenue and profit margins, the Group identified reviewing various expenses, including personnel costs, at existing facilities and launching facilities acquired in the previous fiscal year as measures to improve profitability. - FY2022Branch concerning the inclusion of a revenue growth targetAnnual report
「The Group considers it important to secure an appropriate level of revenue and earnings through appropriate and efficient expense management in order to sustain business development. For the time being, it regards a 15% revenue growth rate, a 10% ordinary profit margin and 20% ROE as important management indicators and will work to improve them. The Group aims to improve profitability and asset efficiency, and has set near-term targets of a 10% revenue growth rate, a 10% ordinary profit margin and 20% ROE as important management indicators.」
Within the same filing, the target revenue growth rate is stated as both 15% and 10%. The 10% ordinary profit margin and 20% ROE are consistent in both statements. - FY2021RaisedAnnual report
「The Group aims to improve profitability and asset efficiency, and has set near-term targets of a 15% revenue growth rate, a 10% ordinary profit margin and 20% ROE as important management indicators. Going forward, the Group will open new facilities, primarily group homes, in its welfare business, while seeking to improve revenue and its ordinary profit margin at existing facilities through appropriate operations and improvements in operational efficiency. ROE for the consolidated fiscal year was 0.1%. Going forward, the Group intends to raise ROE by strengthening necessary growth investments while improving its earnings power.」
Previously, the Group had only stated a policy of improving the indicators. It has now specified near-term target levels for the first time: a 15% revenue growth rate, a 10% ordinary profit margin and 20% ROE. - FY2019First statedAnnual report
「The Group regards “revenue,” “ordinary profit margin” and “ROE” as important management indicators and will work to improve them.」
The indicators are specified, but no target levels or deadlines are provided.