Consolidated 10% ROE Target at T.RAD-12
First written in FY2022. 1 of 3 entries say "Reframed", first in FY2025. Latest entry: FY2025.
T.Rad moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Going forward, the Company will review its management strategy and management targets annually toward its long-term targets for fiscal 2030 (sales of ¥200 billion, ROE of 15% and PBR of 1x), and will formulate management targets each year.」
The framework changed from the previous 4-year plan, including T.RAD-12's 10% ROE target, to long-term targets for fiscal 2030 and annual target management. - FY2024Failure to meet the ROE target in the second yearAnnual report
「ROE Target 8.8 10.0 ROE Actual 2.9」
ROE was 2.9% for the fiscal year ended March 2024, below the current-year target of 8.8% and the final-year target of 10.0%. - FY2022First statedAnnual report
「The Company aims for consolidated ROE of 10% while maintaining a consolidated equity ratio of at least 40%, through stronger earning power achieved by meeting the targets of the 12th medium-term management plan (T.RAD-12) and an active investment policy.」
As a financial target under T.RAD-12, the Company first announced a policy of targeting consolidated ROE of 10% while maintaining an equity ratio of at least 40%.