Continued achievement of a 1.5% operating profit margin on net sales and a 2.0% ordinary profit margin
First written in FY2016. 1 of 4 entries say "Softened", first in FY2017. Latest entry: FY2019.
Muraki moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「As management indicators, we will focus on profitability rather than being preoccupied with revenue growth and, from the perspective of capital efficiency, work to enhance corporate value by improving ROE (return on equity).」
The Company continues to emphasize profitability and ROE improvement over revenue scale without setting specific profit-margin targets. - FY2018ReframedAnnual report
「In the next consolidated fiscal year, taking the above trends into account, we will seek to establish a highly profitable business by expanding our existing businesses and new business areas through a differentiation strategy.」
Rather than repeating the previous specific profit-margin targets, it states that the Company will establish a highly profitable business in the next consolidated fiscal year by expanding its existing and new business areas through a differentiation strategy. - FY2017SoftenedAnnual report
「As management indicators, we will focus on profitability rather than being preoccupied with revenue growth and, from the perspective of capital efficiency, work to enhance corporate value by improving ROE (return on equity).」
The specific figures previously cited, an operating margin of 1.5% and an ordinary profit margin of 2.0%, are not repeated and have been replaced by a focus on profitability and ROE improvement. - FY2016First statedAnnual report
「As management indicators, we will focus on profitability rather than being preoccupied with revenue growth, and will work to consistently achieve an operating margin of 1.5% and an ordinary profit margin of 2.0%.」
It has set 2 profit-margin targets as management indicators, emphasizing profitability over revenue scale.