Achieving a 10% ordinary profit margin
First written in FY2017. 3 of 7 entries say "Raised", first in FY2020. Latest entry: FY2026.
Zensho Holdings moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2018: 6 of 63 companies on the "Worse" side.
7 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「In addition to formulating a medium-term management plan covering 3 years including the fiscal year ending March 2027, we plan to achieve ROE of 10% on a stable basis as a medium-term target.」
The detailed medium-term targets for revenue and profit for the fiscal year ending March 2028 presented in the previous fiscal year are not included in this filing, which focuses on a 3-year plan including the fiscal year ending March 2027 and the stable achievement of ROE of 10%. - FY2025RaisedAnnual report
「We have formulated a medium-term management plan covering the 3 years including the fiscal year ending March 2026, as set out below.」
The medium-term plan has been updated to cover the fiscal years ending March 2026 through March 2028, with targets for revenue of ¥1,481.0 billion, operating profit of ¥116.5 billion, ordinary profit of ¥109.7 billion and net income attributable to owners of the parent of ¥62.9 billion for the fiscal year ending March 2028. Stable achievement of ROE of 10% is also targeted. - FY2023RaisedAnnual report
「The targets for the current medium-term management plan are revenue of ¥1,183.5 billion, operating profit of ¥96.5 billion, an operating margin of 8.2%, ordinary profit of ¥93.2 billion, an ordinary profit margin of 7.9%, net income attributable to owners of the parent of ¥61.4 billion, a net profit margin of 5.2%, and ROE of 10.0% for the fiscal year ending March 2026.」
The targets have been updated from those for the fiscal year ending March 2025 to new medium-term targets for the fiscal year ending March 2026, with the target figures for revenue, operating profit, ordinary profit and net income increased. - FY2022SoftenedAnnual report
「The targets for the current medium-term management plan are revenue of ¥937.6 billion, operating profit of ¥56.8 billion, an operating margin of 6.1%, ordinary profit of ¥55.5 billion, an ordinary profit margin of 5.9%, net income attributable to owners of the parent of ¥35.5 billion, a net profit margin of 3.8%, and ROE of 10.0% for the fiscal year ending March 2025.」
The previous long-term target of a 10% revenue-based ordinary profit margin is not explicitly stated in this filing and has been replaced by a new medium-term plan including a 5.9% revenue-based ordinary profit margin and 10% ROE for the fiscal year ending March 2025. - FY2020RaisedAnnual report
「As our medium-term targets, we aim to achieve, in the fiscal year ending March 2022, revenue of ¥721.7 billion, operating profit of ¥30.7 billion, an operating margin of 4.3%, ordinary profit of ¥28.8 billion, an ordinary profit margin of 4.0%, net income of ¥14.5 billion, a net profit margin of 2.0%, and ROE of 10.0%. We also aim for a revenue-based ordinary profit margin of 10% as an important long-term management indicator for increasing shareholder returns and enhancing corporate value.」
In addition to the previous 10% ordinary profit margin target, specific medium-term targets for revenue, profit, profit margins and ROE for the fiscal year ending March 2022 have been established. The long-term indicator is stated as a 10% revenue-based ordinary profit margin rather than simply an ordinary profit margin. - FY2018RestatedAnnual report
「Our Group aims for an ordinary profit margin of 10% as an important management indicator for increasing shareholder returns and enhancing corporate value.」
The target of achieving an ordinary profit margin of 10% as an important management indicator continues to be disclosed as a full-year target. - FY2017First statedAnnual report
「Our Group aims for an ordinary profit margin of 10% as an important management indicator for increasing shareholder returns and enhancing corporate value.」
The ordinary profit margin target of 10% is stated explicitly as a quantitative management indicator for the first time.