Sustained Earnings Growth and Higher ROE Through a Customer-First Approach
First written in FY2016. 9 of 16 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 13 of 67 companies on the "Worse" side.
32 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the consolidated fiscal year, although ordinary profit declined due to lower gross profit accompanying the decrease in revenue, equity decreased as a result of share repurchases, causing ROE to rise 0.1 percentage point from the previous fiscal year to 9.7%. We will continue to implement various measures to maintain ROE at 8.0% or higher.」
ROE rose 0.1 percentage point from 9.6% in the previous fiscal year to 9.7%, while the ongoing target of at least 8.0% was maintained. - FY2025ROE changed from 11.3% to 9.6%.Annual report
「For the consolidated fiscal year, ordinary profit declined due to lower gross profit accompanying the decrease in revenue, resulting in ROE declining 1.7 percentage points from the previous fiscal year to 9.6%. We will continue to implement various measures to maintain ROE at 8.0% or higher.」
ROE declined from 11.3% in the previous fiscal year to 9.6%, but the policy of maintaining ROE at 8.0% or higher remains unchanged. - FY2024ROE changed from 18.3% to 11.3%.Annual report
「For the consolidated fiscal year, ordinary profit declined due to lower gross profit accompanying the decrease in revenue, resulting in ROE declining 7.0 percentage points from the previous fiscal year to 11.3%. We will continue to implement various measures to maintain ROE at 8.0% or higher.」
ROE declined from 18.3% in the previous fiscal year to 11.3%, but the policy of maintaining ROE at 8.0% or higher remains unchanged. - FY2023AdvancedAnnual report
「For the consolidated fiscal year, ordinary profit increased due mainly to higher gross profit, resulting in ROE rising 4.5 percentage points from the previous fiscal year to 18.3%. We will continue to implement various measures to maintain ROE at 8.0% or higher.」
ROE rose from 13.8% in the previous fiscal year to 18.3%, substantially exceeding the target of maintaining ROE at 8.0% or higher. - FY2022AdvancedAnnual report
「For the consolidated fiscal year, ordinary profit increased due mainly to higher gross profit, resulting in ROE rising 8.4 percentage points from the previous fiscal year to 13.8%. We will continue to implement various measures to maintain ROE at 8.0% or higher.」
ROE rose from 5.4% in the previous fiscal year to 13.8%, exceeding the previous target of at least 8.0%. The policy of maintaining ROE at 8.0% or higher remains unchanged. - FY2021RestatedAnnual report
「We will continue to implement various measures to achieve ROE of at least 8.0%.」
Although ROE for the fiscal year declined to 5.4%, the existing target of at least 8.0% remains unchanged. - FY2020RestatedAnnual report
「We will continue to implement various measures to achieve ROE of at least 8.0%.」
ROE is used as a management indicator. While actual ROE declined from 7.9% in the previous fiscal year to 6.4%, the target of at least 8.0% remains unchanged. - FY2020-Q3RestatedAnnual report
「We worked to resolve customer issues such as labor shortages and productivity improvement by proposing products and services directly aligned with customer needs, while reviewing expenses to secure profit.」
It continues to secure profit through proposals addressing customer issues and expense reviews. No ROE or new numerical targets are mentioned. - FY2020-Q2RestatedAnnual report
「We developed proposal-based sales aimed at automation and labor-saving solutions for customer issues such as labor shortages and productivity improvement, worked to secure sales, and pursued expense reductions through more efficient operations and expense reviews.」
It continues its policy of securing sales and earnings through proposal-based sales related to automation and labor-saving solutions and expense reductions. There is no new reference to ROE. - FY2020-Q1RestatedAnnual report
「Against this backdrop, as a “Manufacturing Supporting Company,” our group carried out proposal-based sales directly addressing issues and requests at production sites, including labor-saving and automation needs, pursued initiatives in growth fields such as robotics and IoT products, and reviewed expenses. Although we worked to secure earnings through these measures,」
It continues its policy of securing earnings through proposal-based sales related to labor-saving and automation, initiatives involving robotics and IoT products, and expense reviews. - FY2019RestatedAnnual report
「For the consolidated fiscal year, ordinary profit declined due to a decrease in purchase rebates resulting mainly from lower sales and purchases. However, profit edged up after recording extraordinary income and extraordinary loss from the sale of fixed assets, and ROE declined 0.1 percentage point from the previous fiscal year to 7.9%. We will continue to implement various measures to achieve ROE of at least 8.0%.」
It continues to use ROE as a management indicator, reporting actual ROE of 7.9% and explicitly stating a future target of at least 8.0%. - FY2019-Q3RestatedAnnual report
「Against this backdrop, as a “Manufacturing Supporting Company,” our group pursued proposal-based sales directly aligned with customer needs through customer-focused sales activities, as well as operational rationalization and improvements, to enhance quality. As a result of these measures, we worked to secure earnings,」
It continues to secure earnings through proposal-based sales and operational rationalization and improvements. No ROE or new numerical targets are presented. - FY2019-Q2RestatedAnnual report
「We developed proposal-based sales tailored to solving customer issues, worked to expand our sales coverage by deepening relationships with existing customers and developing new customers, and pursued reductions in selling, general and administrative expenses through operational improvements to secure earnings.」
To secure earnings, it continues proposal-based sales, deeper engagement with existing customers, development of new customers and reductions in selling, general and administrative expenses. No ROE or new numerical targets are presented. - FY2018AdvancedAnnual report
「For the consolidated fiscal year, ROE rose to 8.0% as profit increased due to higher revenue, expense reductions through efficiency improvements and lower logistics costs. We will continue to implement various measures aimed at increasing ROE while maintaining this level.」
It reports that ROE rose from 4.9% in the previous fiscal year to 8.0%, and states that it aims to maintain and increase this level through efficiency improvements, expense reductions and lower logistics costs. - FY2017RestatedAnnual report
「In addition, we will seek sustained earnings growth through a “customer-first” approach, expanding, strengthening and deepening our market coverage and product lineup, and continually reviewing costs, while improving capital efficiency to raise return on equity (ROE).」
It has reiterated its policy of expanding earnings and improving ROE through a customer-first approach, expansion of its market coverage and product lineup, cost reviews and improved capital efficiency. - FY2016First statedAnnual report
「In addition, we will seek sustained earnings growth through a “customer-first” approach, expanding, strengthening and deepening our market coverage and product lineup, and continually reviewing costs, while improving capital efficiency to raise return on equity (ROE).」
Without presenting numerical targets, it sets out to improve profitability by expanding its market coverage and product lineup, reviewing costs and improving capital efficiency.