Transformation and Sustainable Growth Toward Becoming a 100-Year Company Through “Change and Challenge”
First written in FY2020. 1 of 4 entries say "Reframed", first in FY2021. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023DroppedAnnual report
「We announced a medium-term management plan, “Delivering Excitement and Connecting Deeply and Broadly with Customers,” with the fiscal year ending March 2026 as its final year, covering the first 3 years toward achieving our long-term vision.」
The Company transitioned from the previous medium-term plan based on “Change and Challenge” and, following the COVID-19 pandemic, “Overcome the Crisis and Regain Our Earning Power,” to a new medium-term management plan covering the first 3 years of the long-term vision through the fiscal year ending March 2033. - FY2022SoftenedAnnual report
「Regarding the targets for the final year of the medium-term management plan, consolidated operating profit of ¥7.0 billion to ¥8.0 billion and ROE of 12% to 14% were announced in November 2020. However, because the impact of the spread of COVID-19, particularly in urban areas, the core source of our sales, has lasted longer than expected, among other factors, we revised the operating profit target for the fiscal year ending March 2023, the final year, to ¥4.8 billion and ROE to 9.6%.」
The targets for the fiscal year ending March 2023 under the medium-term plan were reduced from operating profit of ¥7.0 billion to ¥8.0 billion to ¥4.8 billion, and from ROE of 12% to 14% to 9.6%. - FY2021ReframedAnnual report
「In light of the major changes in society resulting from the spread of COVID-19, we announced in November 2020 a medium-term management plan with the fiscal year ending March 2023 as its final year, aimed at realizing the management philosophy and the five value-creation themes described above. The basic policy of the medium-term management plan is “Overcome the crisis and regain our earning power,” and it establishes two initiatives: “Fundamentally reviewing the earnings structure” and “Regaining our earning power.”」
The medium-term plan was reset from “Change and Challenge” to “Overcome the Crisis and Regain Our Earning Power” in response to the COVID-19 pandemic. The targets for the final year are consolidated operating profit of ¥7.0 billion to ¥8.0 billion and ROE of 12% to 14%. - FY2020First statedAnnual report
「To realize the management philosophy and the five value-creation themes described above, we announced in May 2020 a medium-term management plan with the fiscal year ending March 2023 as its final year. The basic policy of the medium-term management plan is “Change and Challenge: Aiming to realize sustainable growth and value creation through transformation and challenge toward becoming a 100-year company,” and it establishes two major strategic areas: business strategy and functional strategy.」
The Company announced a new medium-term management plan with the fiscal year ending March 2023 as its final year, establishing a framework aimed at sustainable growth and value creation through two pillars: business strategy and functional strategy. It also set targets of consolidated operating profit of ¥9.0 billion to ¥10.0 billion and ROE of 12% to 14% in the final year, as well as a payout ratio of at least 35% during the medium-term period.