Improving Sales, Profitability and Capital Efficiency under Medium-Term Management Plan 2024
First written in FY2023. 4 of 13 entries say "Restated". Latest entry: 2026-08-14.
The whole theme swung hardest in 2020: 5 of 19 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Medium-Term Management Plan 2027 Fiscal year ending March 2028 Targets Net sales ¥360 billion Operating margin 9.0% ROE At least 9.0% Fiscal year ending March 2026 Actual results Net sales ¥346.8 billion Operating margin 8.7% ROE 11.3%」
Against the Medium-Term Management Plan 2027 targets of net sales of ¥360 billion, an operating margin of 9.0% and ROE of at least 9.0%, fiscal 2025 results were net sales of ¥346.8 billion, an operating margin of 8.7% and ROE of 11.3%. The ROE target was achieved. - FY2026-H1ReframedAnnual report
「In addition, under the new medium-term management plan, we are optimizing the business portfolio and managing the business appropriately in order to focus on improving profit margins and capital efficiency. Accordingly, from the current interim consolidated accounting period, we have changed the reportable segments to “Watch Business,” “Machine Tools Business” and “Device Business.”」
The company indicated a direction for the new plan following Medium-Term Management Plan 2024, centered on improving profit margins and capital efficiency and optimizing the business portfolio. - FY2025-H1RestatedAnnual report
「There have been no material changes to the management policies, management strategies or other matters established by our Group during the interim consolidated accounting period.」
The company explicitly stated that there were no material changes during the current interim consolidated accounting period to its management policies, management strategies and other matters, including Medium-Term Management Plan 2024. - FY2024Some targets achieved; net sales target expected to be missedAnnual report
「The consolidated earnings forecast for fiscal 2024, the final year of the plan, is expected to fall short of the target net sales of ¥320 billion because the machine tools business is still in the process of recovering. The company will nevertheless continue to position the watch and machine tools businesses as its core businesses and pursue initiatives from a medium- to long-term perspective.」
For the fiscal year ended March 2024, net sales were ¥312.8 billion, falling short of the ¥320 billion net sales target, while the operating margin was 8.0% and ROE was 9.7%, achieving the respective targets of 8.0% and at least 8.0%. - FY2024-Q3RestatedAnnual report
「There were no material changes in the management policies, management strategies or other matters established by our group during the cumulative third quarter period under review.」
The company explicitly stated that there were no material changes to its management policies, management strategies and other matters, including Medium-Term Management Plan 2024. - FY2024-Q2RestatedAnnual report
「There have been no material changes to the management policies, management strategies or other matters established by our Group during the six-month period of the current fiscal year.」
The company explicitly stated that there were no material changes to its management policies, management strategies and other matters, including Medium-Term Management Plan 2024. - FY2024-Q1RestatedAnnual report
「There have been no material changes to the management policies, management strategies or other matters established by our Group during the three-month period of the current fiscal year.」
The company explicitly stated that there were no material changes during the first quarter to its management policies, management strategies and other matters, including Medium-Term Management Plan 2024. - FY2023First statedAnnual report
「Under Medium-Term Management Plan 2024, covering fiscal 2022 through fiscal 2024, the company will continue to position the watch and machine tools businesses as the core businesses driving growth for the Group and seek further growth through strategic investment of resources. While raising the level of net sales, the company will continue to improve profitability and aims to achieve net sales of ¥320 billion, an operating margin of 8.0% and ROE of at least 8.0% on a sustained basis.」
This filing presented specific details for the first time on the new medium-term management plan covering fiscal 2022 through fiscal 2024, with strategic investment in core businesses and targets of net sales of ¥320 billion, an operating margin of 8.0% and ROE of at least 8.0%.