Managing to benchmarks of a 20% operating profit margin before goodwill amortization and a 30% EBITDA margin
First written in FY2021. 1 of 2 entries say "Reframed", first in FY2022. Latest entry: FY2022.
Asahi Intecc moved to the "Worse" side of this theme in 2022.
The whole theme swung hardest in 2018: 1 of 12 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2022ReframedAnnual report
「The company uses a 20% target for the operating margin and a 30% target for the EBITDA margin, with EBITDA, defined as operating income plus goodwill amortization plus depreciation and amortization, serving as a key performance measure in its medium-term management plan.」
The company has organized its medium-term plan metrics as a 20% operating margin and a 30% EBITDA margin, replacing the previous expression of a 20% operating margin excluding goodwill amortization. - FY2021First statedAnnual report
「The company’s basic policy is to target 20% for the ratio of operating income excluding goodwill amortization (operating income plus goodwill amortization) and 30% for the EBITDA ratio (operating income plus goodwill amortization plus depreciation and amortization).」
In addition to its previous explanation identifying revenue as the primary KPI, the company disclosed for the first time its targets for the operating margin before goodwill amortization and EBITDA margin as basic profitability targets.