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Mazda Motor (7261) · TargetReframed

Earnings and Financial Targets under Structural Reform Stage 2

First written in FY2016. 9 of 12 entries say "Restated". Latest entry: FY2019.

12entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q3RestatedFY2018-Q1 – FY2019-Q32016: 320162017: 420172018: 320182019: 22019
Same theme, other companies
Capital Efficiency, Financial Strength and Shareholder Return Targets Based on Multiple Financial MetricsA theme 146 companies write about · 2 as a headwind · 164 as a tailwind

24 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 146 companies compared. The sentences above are computed from all 146.
Full recordFilings, disclosures and news, newest first
  1. FY2019ReframedAnnual report

    「Looking back on the medium-term management plans Structural Reform Plan and Structural Reform Stage 2, the Group reassessed Mazda’s strengths and weaknesses and considered the external environment surrounding the automotive industry. It then focused the allocation of management resources and defined 3 areas to address, together with the direction of initiatives in each area.」

    Following the final year of Structural Reform Stage 2, the Group transitioned to a new medium-term management policy covering the fiscal years ending March 2020 through March 2025.
  2. FY2019-Q3RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2” (fiscal years ending March 2017 to March 2019), whose final year is the current fiscal year, the Group is working to further enhance brand value by delivering attractive products that combine “Joy of Driving” with “outstanding environmental and safety performance,” while pursuing qualitative business growth across all areas.」

    The Group reiterates that Structural Reform Stage 2 is in its final year and continues to use the plan as its management framework. No new numerical targets or target changes are stated.
  3. FY2019-Q2RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2” (fiscal years ending March 2017 to March 2019), whose final year is the current fiscal year, the Group」

    The Group reiterates that Structural Reform Stage 2 is in its final year and continues to use the plan as its management framework. No new target figures or changes in achievement status are stated.
  4. FY2019-Q1RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2” (fiscal years ending March 2017 to March 2019), whose final year is the current fiscal year, the Group」

    The Group explicitly states that Structural Reform Stage 2 has entered its final year and continues to use the plan as its management framework. No new numerical targets or changes in achievement status are presented.
  5. FY2018-Q3RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2” (fiscal years ending March 2017 to March 2019), the Group」

    The Group continues to use Structural Reform Stage 2 as the framework for its medium-term management plan. No new numerical targets or target changes are stated.
  6. FY2018-Q2RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2” (fiscal years ending March 2017 to March 2019), the Group」

    The Group continues to use Structural Reform Stage 2 as the framework for its medium-term management plan.
  7. FY2018-Q1RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2” (fiscal years ending March 2017 to March 2019), the Group」

    The Group continues to use Structural Reform Stage 2 as the framework for its medium-term management plan. No changes to new numerical targets or achievement status are presented.
  8. FY2017SoftenedAnnual report

    「Regarding the management indicators for the fiscal year ending March 2019, the final year of “Structural Reform Stage 2,” the Group has revised its target for consolidated operating margin on sales to 5% or more in light of changes in the business environment, including foreign exchange rates, although its key initiatives are progressing steadily.」

    The target for consolidated operating margin on sales for the fiscal year ending March 2019 was revised from 7% or more to 5% or more. The targets of global unit sales of 1.65 million, an equity ratio of 45% or more, and a dividend payout ratio of 20% or more remain unchanged.
  9. FY2017-Q3RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2,” beginning with the fiscal year ending March 2017, the Group」

    The Group continues to use Structural Reform Stage 2 as the framework for its management plan. No new numerical targets are restated.
  10. FY2017-Q2RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2,” beginning with the fiscal year ending March 2017, the Group」

    In the second quarter, the Group continued to use Structural Reform Stage 2 as the framework for its management plan. No new numerical targets or achievement status are presented.
  11. FY2017-Q1RestatedAnnual report

    「Under the medium-term management plan “Structural Reform Stage 2,” beginning with the fiscal year ending March 2017, the Group」

    The Group continues to use Structural Reform Stage 2 as the framework for its management plan. No new numerical targets are restated in this filing.
  12. FY2016First statedAnnual report

    「“Structural Reform Stage 2” (fiscal years ending March 2017 to March 2019)」

    For the fiscal year ending March 2019, the targets are global unit sales of 1.65 million, ROS of 7% or more, an equity ratio of 45% or more, and a dividend payout ratio of 20% or more.
Moved together

"Risk of Economic Slowdowns and Demand Fluctuations in Major Markets" moved the same way as this thread, in the same document, in 2 of its 12 moves.

222★123
  1. ★This thread
  2. 1Risk of Economic Slowdowns and Demand Fluctuations in Major Markets2×
  3. 2Foreign Exchange Rate Risk2×
  4. 3Risks Related to Market Competitiveness and Product Launches2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Earnings and Financial Targets under Structural Reform Stage 2 | Mazda Motor Corporation (7261) | Komori