Target ROE of 8.0%
First written in FY2018. 3 of 7 entries say "Softened", first in FY2019. Latest entry: FY2026.
Spk moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2023: 6 of 29 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Actual ROE was below the 10% levelAnnual report
「Going forward, the company will focus on capital efficiency, designate ROE as an important indicator, and work to maintain and improve the current level of 10%.」
While the company continued its policy of maintaining and improving ROE at the 10% level, actual ROE for the current period was 9.6%, down from 9.7% in the previous period. - FY2025Actual ROE was below the 10% levelAnnual report
「As a result, net income attributable to owners of the parent increased by ¥105 million, or 4.4%, from the previous consolidated fiscal year to ¥2,497 million, and ROE was 9.7%.」
ROE was 9.7%, down from 10.3% in FY2024. Meanwhile, the statement of maintaining and improving the 10% level as an important indicator continued. - FY2024RaisedAnnual report
「Going forward, the company will focus on capital efficiency, designate ROE as an important indicator, and work to maintain and improve the current level of 10%.」
After a period in which the previous 8.0% ROE target was not repeated, the wording became stronger, designating ROE as an important indicator and stating an objective of maintaining and improving the current 10% level. Actual ROE for the current period was 10.3%. - FY2023SoftenedAnnual report
「As a result, net income attributable to owners of the parent increased by ¥434 million, or 26.7%, from the previous consolidated fiscal year to ¥2,059 million, and ROE was 9.7%.」
Actual ROE rose to 9.7%, but the 8.0% ROE target presented in FY2018 was not repeated as a management-indicator target in this filing either. - FY2020SoftenedAnnual report
「As a result, net income attributable to owners of the parent increased by ¥132 million, or 9.3%, from the previous consolidated fiscal year to ¥1,553 million, and ROE was 9.0%.」
Actual ROE of 9.0% was disclosed, but the 8.0% ROE target presented two fiscal years earlier has still not been repeated as a management-indicator target. - FY2019SoftenedAnnual report
「The group regards the operating profit margin on net sales as an important management indicator and has set a target of 4.5%. The operating profit margin on net sales for the current consolidated fiscal year was 4.5%, up 0.2% from the previous year. The group will continue working to improve these indicators.」
The 8.0% ROE target disclosed in the previous fiscal year was not repeated in this year's explanation of important indicators; only the 4.5% operating profit margin on net sales was presented as a target. - FY2018First statedAnnual report
「The management indicators considered important for the group are operating profit margin on net sales and return on equity (ROE), with targets of 4.5% and 8.0%, respectively. In the current consolidated fiscal year, the operating profit margin on net sales was 4.3%, down 0.2% from the previous year, while ROE was 8.4%, up 0.1% from the previous year.」
A statement identifying ROE as an important indicator and setting a target of 8.0% appeared for the first time, in addition to the operating profit margin on net sales. ROE for the current period was stated as 8.4%.