Strengthening the management foundation through SUZUKI NEXT 100
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020Final-year target missedAnnual report
「In 2015, the Group formulated the five-year Mid-term Management Plan SUZUKI NEXT 100, and in fiscal 2017, the third year of the plan, it achieved key targets including consolidated net sales, operating margin and ROE ahead of schedule. However, in the current fiscal year, the final year of the five-year plan, the targets were unfortunately not achieved because of the delayed recovery in India's passenger vehicle market, foreign exchange effects and the impact of the novel coronavirus that emerged at the end of the fiscal year.」
The company stated that it achieved its key targets ahead of schedule in fiscal 2017, but failed to achieve them in the final year of SUZUKI NEXT 100 because of the delayed recovery in the Indian market, foreign exchange effects and the impact of the novel coronavirus, among other factors. - FY2019RestatedAnnual report
「In fiscal 2018, the fourth year of the five-year plan, the key targets were also achieved: consolidated net sales of ¥3.7 trillion against actual net sales of ¥3.8715 trillion, an operating margin of 7% against an actual 8.4%, and ROE of 10% against an actual 13.3%.」
The company stated that it achieved the key targets for consolidated net sales, operating margin and ROE in the fourth year of SUZUKI NEXT 100. - FY2018AdvancedAnnual report
「Partly as a result of these measures, in fiscal 2017, the third year of the plan, consolidated net sales exceeded the fiscal 2019 target of ¥3.7 trillion, while the operating margin reached 10%, substantially exceeding the 7% target.」
In the third year of SUZUKI NEXT 100, the fiscal 2019 targets for net sales and operating margin were exceeded ahead of schedule. The company did not state that the entire five-year plan had been completed. - FY2017RestatedAnnual report
「Although the current fiscal year is the second year of the New Mid-term Management Plan, we are progressing steadily toward the continued achievement of the fiscal 2019 targets of consolidated net sales of ¥3.7 trillion and an operating margin of 7%.」
In the second year of SUZUKI NEXT 100, the company maintained its fiscal 2019 targets of consolidated net sales of ¥3.7 trillion and a 7% operating margin, and stated that it was progressing steadily toward achieving them. - FY2016First statedAnnual report
「The Group formulated the five-year New Mid-term Management Plan SUZUKI NEXT 100, covering the period from 2015, with the aim of strengthening its management foundation for its 100th anniversary and the next 100 years.」
The five-year period from fiscal 2015 to fiscal 2019 is positioned as a period for strengthening the management foundation to support growth after the company's 100th anniversary.