Becoming Japan's No. 1 Home Center by Sales Under the Medium-Term Management Plan (2015–2017) and Related Financial Targets
First written in FY2017. 10 of 16 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2021DroppedAnnual report
「In April 2021, the Company announced the “Third Medium-Term Management Plan — Zutto Daisuki ya!! Kohnan — Korekara mo Anata ni Pittari.”」
The plan period for the Second Medium-Term Management Plan (2018–2020) ended, and the Company moved to the Third Medium-Term Management Plan. - FY2021-Q3RestatedAnnual report
「Against this backdrop, in April 2018 our Group announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” centered on strengthening product capabilities and maximizing Group synergies, and continued to pursue achievement of the targets with firm resolve during the consolidated fiscal year under review, the final year of the plan.」
The company reconfirms that the Second Medium-Term Management Plan is in its final year and that it is pursuing achievement of the targets based on stronger product capabilities and the maximization of Group synergies. No new numerical targets or achievement milestones are presented. - FY2021-Q2RestatedAnnual report
「Against this backdrop, in April 2018 our Group announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” centered on strengthening product capabilities and maximizing Group synergies, and continued to pursue achievement of the plan with firm resolve during the consolidated fiscal year under review, the final year of the plan.」
The company reconfirms that the Second Medium-Term Management Plan (2018–2020) is in its final year and that it is pursuing achievement of the plan based on stronger product capabilities and Group synergies. No achievement status for the numerical targets or new milestones is presented. - FY2020Revision of medium-term numerical targetsAnnual report
「The medium-term targets under this medium-term management plan are as follows, and we are pursuing them with firm resolve. • Sales: ¥389 billion • Ordinary profit: ¥19.2 billion • Net income attributable to owners of the parent: ¥12 billion • ROE: 10.0%」
Among the targets under the Second Medium-Term Management Plan, sales were raised from ¥330 billion to ¥389 billion, while ordinary profit was changed from ¥20 billion to ¥19.2 billion. The targets of net income attributable to owners of the parent of ¥12 billion and ROE of 10.0% remain unchanged. - FY2020-Q3RestatedAnnual report
「Against this backdrop, in April 2018 the Company announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” covering the next 3 years.」
The company continues to pursue the Second Medium-Term Management Plan (2018–2020). This description does not present any changes to the numerical targets or new achievement milestones. - FY2020-Q2RestatedAnnual report
「Against this backdrop, in April 2018 our Group announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” covering the next 3 years.」
The company continues to pursue the Second Medium-Term Management Plan (2018–2020). This description does not present any changes to the numerical targets or new achievement milestones. - FY2020-Q1RestatedAnnual report
「Against this backdrop, in April 2018 our Group announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” covering the next 3 years.」
The company continues to pursue the Second Medium-Term Management Plan (2018–2020). This description does not present any changes to numerical targets such as sales or new achievement milestones. - FY2019ReframedAnnual report
「In April 2018, our Group announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” with the aim of becoming an entity loved by everyone and “Japan's leading comprehensive company for housing and living.”」
While the plan period and numerical targets remain unchanged, the description of the company's aspiration has changed from “Japan's leading home improvement retailer” to “Japan's leading comprehensive company for housing and living.” - FY2019-Q3RestatedAnnual report
「Against this backdrop, in April 2018 the Company announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” covering the next 3 years.」
The company continues to pursue the Second Medium-Term Management Plan (2018–2020). This description does not present any changes to the numerical targets or new achievement milestones. - FY2019-Q2RestatedAnnual report
「Against this backdrop, in April this year the Company announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” covering the next 3 years.」
The company continues to pursue the Second Medium-Term Management Plan (2018–2020). This description does not present any changes to the numerical targets or new achievement milestones. - FY2019-Q1RestatedAnnual report
「Against this backdrop, in April this year the Company announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” covering the next 3 years.」
The company announced the Second Medium-Term Management Plan (2018–2020) and reconfirmed that it is pursuing various initiatives to achieve the plan. No changes to the targets or new achievement milestones were presented this time. - FY2018RaisedAnnual report
「In April 2018, our Group announced the “Second Medium-Term Management Plan (2018–2020) — Motto Daisuki ya!! Kohnan,” with the aim of becoming an entity loved by everyone and “Japan's leading home improvement retailer.” The medium-term targets are as follows, and we are pursuing them with firm resolve. • Sales: ¥330 billion • Ordinary profit: ¥20 billion • Net income attributable to owners of the parent: ¥12 billion • ROE: 10.0%」
The Company moved from the 2015–2017 plan to the Second Medium-Term Management Plan for 2018–2020. It established new medium-term targets of sales of ¥330 billion, ordinary profit of ¥20 billion, net income attributable to owners of the parent of ¥12 billion and ROE of 10.0%, raising the sales and ordinary profit targets from ¥300 billion and ¥16 billion, respectively, under the previous plan. - FY2018-Q3RestatedAnnual report
「We have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in fiscal 2015 as the Twin Turbo Initiative. In the current fiscal year, the final year of the plan, progress has remained solid as initially planned, and the improvement in our financial position has become particularly pronounced.」
The company reiterates progress in revitalizing existing stores and reducing inventory in the final year of its medium-term management plan. This filing does not indicate the achievement status of targets such as sales of ¥300 billion and ordinary profit of ¥16 billion. - FY2018-Q2RestatedAnnual report
「We have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in fiscal 2015 as the Twin Turbo Initiative. In the current fiscal year, the final year of the plan, progress has remained solid as initially planned, and the improvement in our financial position has become particularly pronounced.」
The company reiterates the progress of initiatives in the final year of its medium-term management plan. This description does not indicate the achievement status of targets such as sales of ¥300 billion and ordinary profit of ¥16 billion. - FY2018-Q1AdvancedAnnual report
「We have continued to advance initiatives to revitalize existing stores and reduce inventory, the themes identified in fiscal 2015 as the Twin Turbo Initiative. In the current fiscal year, the final year of the plan, progress has remained solid as initially planned, and the improvement in our financial position has become particularly pronounced.」
The company explicitly states that it has entered the final year of its medium-term management plan and explains that initiatives to revitalize existing stores and reduce inventory are progressing as originally planned. It does not state whether the medium-term numerical targets have been achieved. - FY2017First statedAnnual report
「In April 2015, the Company announced the Medium-Term Management Plan (2015–2017), titled “I Love It!! Kohnan 2017,” with the goal of becoming Japan's leading home improvement retailer by sales. The plan's medium-term targets are as follows, and the entire Company is working toward them: sales of ¥300 billion; ordinary profit of ¥16 billion; and reductions in inventory and borrowings.」
The three-year medium-term management plan announced in April 2015 set targets of ¥300 billion in sales, ¥16 billion in ordinary profit, and reductions in inventory and borrowings, with the goal of becoming Japan's No. 1 home improvement retailer by sales.