Focus on operating profit, free cash flow and ROIC
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: 2026-04-13.
The whole theme swung hardest in 2020: 14 of 68 companies on the "Worse" side.
26 other companies' latest entry also says "Restated".
- 2026-04-13RestatedEarnings
「Retail unit sales are expected to increase from the previous fiscal year as a result of opening 10 large-format stores focused on capital efficiency and the contribution of large-format stores opened before the current fiscal year.」
The policy of investing in large-format stores with an emphasis on capital efficiency was maintained in the plan for the following fiscal year. - FY2025RestatedAnnual report
「To advance the initiatives described above, we place particular emphasis on the following management indicators: operating profit (steady earnings growth), ROIC (a level that reflects the cost of capital), and free cash flow (medium- to long-term growth).」
The company continues to identify operating profit, ROIC and medium- to long-term free cash flow as key management indicators. - FY2024RestatedAnnual report
「As management indicators, we place particular emphasis on operating profit (steady earnings growth), ROIC (a level that reflects the cost of capital), and free cash flow (medium- to long-term growth).」
The annual report continued to identify operating profit, ROIC and medium- to long-term free cash flow as key management indicators. - FY2022-Q2RestatedAnnual report
「We also expect capital efficiency, including ROIC and other indicators, to improve.」
The company added its explanation that capital-efficiency indicators such as ROIC are expected to improve as it withdraws from the new-car dealership business and concentrates on used-car large-format stores and service centers. - FY2021First statedAnnual report
「To advance the initiatives described above, we will place particular emphasis on the following management indicators: ① growth in operating profit, ② medium- to long-term growth in free cash flow, and ③ maximization of ROIC.」
As the company shifts toward a retail-centered business and proceeds with investments in stores and inventory, it identified operating profit, free cash flow and ROIC for the first time as management indicators of particular importance.