Next Medium-Term Management Plan "Small but Beautiful"
First written in FY2019. 3 of 7 entries say "Restated". Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1ReframedAnnual report
「We believe that the first year of the new medium-term management plan, Challenge 2025, got off to a solid start.」
The company moved from the previous medium-term plan, which was based on Small but Beautiful, to the first year of a new medium-term management plan named Challenge 2025. - FY2023-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 reaffirmed that there are no material changes to its management policies, management strategies or issues to be addressed, including Small but Beautiful. - FY2022-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.」
No material changes have been made to the management policies, management strategies or issues to be addressed, and the previous direction, including Small but Beautiful, has been maintained. - FY2021-Q2RestatedAnnual report
「We announced the new medium-term management plan, “Small but Beautiful,” through fiscal 2022, under which our company will concentrate management resources in the regions and products where our group has strengths.」
The company reiterated its policy of concentrating management resources in the regions and products where it has strengths under Small but Beautiful, the medium-term management plan through fiscal 2022. - FY2021-Q1AdvancedAnnual report
「We announced the new medium-term management plan, “Small but Beautiful,” through fiscal 2022, under which our company will concentrate management resources in the regions and products where our group has strengths.」
Small but Beautiful, which had been presented as a concept in the previous fiscal year, was formally announced as the new medium-term management plan through fiscal 2022. - FY2020ReframedAnnual report
「To date, our group has pursued “Small but Beautiful,” namely, the goal of generating high profitability by investing limited resources in the technologies and fields in which we excel and in regions where we have strengths, rather than pursuing business scale, in order to secure a sustainable growth trajectory. However, the drastic change in the business environment in recent months has far exceeded our group's expectations, and it has become extremely difficult to achieve the direction we should pursue through the measures undertaken to date alone.」
While retaining the concept of Small but Beautiful itself, the company recognized that it would be difficult to achieve its objectives through the existing measures alone and repositioned it toward the need for fundamental structural reform. - FY2019First statedAnnual report
「Rather than pursuing “expansion” or “growth,” we will prioritize “strengthening competitiveness” and “renewal,” with the aim of becoming a company whose profitability shines despite its small scale. We are considering specific strategies to strengthen profitability and achieve sustainable growth, using “Small but Beautiful,” which expresses this concept, as the concept for the next medium-term management plan starting in fiscal 2020.」
The company changed its basic strategy from expanding its scale across all fronts to concentrating resources in regions where it has strengths and competitive segments, and adopted Small but Beautiful as the concept for the next medium-term management plan starting in fiscal 2020. It also positioned fiscal 2019 as a preparatory period and indicated that it would make use of existing facilities and be selective in its investments.