Komori
Mitsubishi Motors (7211) · InitiativeReframed

Medium-Term Management Plan “DRIVE FOR GROWTH”

First written in FY2018-Q2. 5 of 7 entries say "Restated". Latest entry: FY2021-Q1.

7entries
4years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2020-Q32017: 120172018: 220182019: 220192020: 22020
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  1. FY2021-Q1ReframedAnnual report

    「The Company announced the new “Small but Beautiful” medium-term business plan through fiscal 2022, which focuses the Company's management resources on the regions and products where our group has strengths. To achieve sustainable growth after the plan period, the plan focuses on cost reform and earnings capability reform, which are structural reforms to stabilize the management foundation. Accordingly, the Company is changing its policy from the previous strategy of expansion in all directions and further accelerating the focus-and-select approach.」

    The framework of the medium-term plan changed from “Drive for Growth” to “Small but Beautiful,” covering through fiscal 2022 and centered on cost reform, earnings capability reform and resource concentration rather than expansion in all directions.
  2. FY2020-Q3RestatedAnnual report

    「During the first 9 months of the current consolidated fiscal year, there were no significant changes to the management policies, management strategies or other matters established by our group, or to the issues that our group must address.」

    The Company explicitly stated that there were no significant changes to its management policies, management strategies or issues to be addressed, maintaining its previous direction, including the existing medium-term business plan.
  3. FY2020-Q2RestatedAnnual report

    「During the first 6 months of the current consolidated fiscal year, there were no significant changes to the management policies, management strategies or other matters established by our group, or to the issues that our group must address.」

    The Company stated that there were no significant changes to its management policies, management strategies or issues to be addressed, maintaining its previous direction, including the medium-term business plan.
  4. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no significant changes to the management policies, management strategies or other matters established by our group, or to the issues that our group must address.」

    The Company stated that there were no significant changes to its management policies, management strategies or issues to be addressed, maintaining its previous direction, including the medium-term business plan.
  5. FY2019-Q2RestatedAnnual report

    「In fiscal 2018, the second year of the “Drive for Growth” medium-term business plan, the Company was able to grow steadily in line with the plan in terms of both scale and profit,」

    The Company continued the 3-year “Drive for Growth” medium-term business plan in fiscal 2018 and described progress in its second year as being in line with the plan.
  6. FY2019-Q1RestatedAnnual report

    「In fiscal 2018, the second year of the “Drive for Growth” medium-term business plan, the Company was able to make a start in line with the plan in terms of both scale and profit,」

    The Company reaffirmed that “Drive for Growth” would continue in fiscal 2018 and that its second year had started in line with the plan.
  7. FY2018-Q2First statedAnnual report

    「The Company formulated the “DRIVE FOR GROWTH” medium-term business plan covering the 3 years from fiscal 2017 through fiscal 2019. The plan focuses on the following 3 challenges and aims to build a foundation for profitable, sustainable growth.」

    The Company first explicitly presented a medium-term business plan covering the 3 years from fiscal 2017 through fiscal 2019, identifying restoring trust, achieving a V-shaped recovery in performance and ensuring the success of new vehicles as priority challenges.
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