2020 Medium-Term Management Plan Sales, Operating Profit and ROS Targets
First written in FY2019. 2 of 4 entries say "Softened", first in FY2020. Latest entry: FY2022.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2022DroppedAnnual report
「Actual results for FY2021, the first year of the 2023 medium-term management plan, were net sales of ¥22.3 billion versus the ¥23 billion target, operating profit of ¥1.6 billion versus the ¥2.2 billion target, and ROS (operating margin) of 7% versus the 10% target.」
The targets of the 2020 medium-term management plan are no longer treated as the current plan, and first-year results and new overall targets for the 2023 medium-term management plan are presented. - FY2021SoftenedAnnual report
「Actual results for FY2020, the final year of the 2020 medium-term management plan, were net sales of ¥19.1 billion versus the ¥27 billion target, operating profit of ¥700 million versus the ¥2.7 billion target, and ROS (operating margin) of 4% versus the 10% target.」
The 2020 medium-term management plan has completed its final year, and all numerical targets for net sales, operating profit and ROS were missed. A new plan for FY2021 through FY2023 was being formulated. - FY2020SoftenedAnnual report
「Although achieving the numerical targets for FY2020 is difficult because the impact of COVID-19 is expected to become even greater, we will continue to advance the policies of the medium-term management plan.」
In FY2019, net sales, operating profit and ROS were ¥22.8 billion, ¥800 million and 4%, respectively, versus plan targets of ¥25 billion, ¥2.1 billion and 8%, making achievement of the FY2020 targets difficult as well. - FY2019First statedAnnual report
「Medium-term management indicators Management indicators FY2018 FY2019 FY2020 Net sales (¥100 million) 230 250 270 Operating profit (¥100 million) 10 21 27 Operating margin (%) 4 8 10」
For the 3-year 2020 medium-term management plan beginning in FY2018, the numerical targets for net sales, operating profit and operating margin for FY2019 and FY2020 are presented for the first time as a standalone theme. The Company explains that first-year results were net sales of ¥23.2 billion, operating profit of ¥900 million and ROS of 4%.