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Menicon (7780) · TargetAdvanced

¥100 Billion in Sales and Enhancement of Corporate Value under Vision2020

First written in FY2017. 2 of 4 entries say "Advanced", first in FY2019. Latest entry: FY2022.

4entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017AdvancedFY2019OtherFY20212017: 120172018: 020182019: 120192020: 020202021: 120212022: 12022
Same theme, other companies
Growth into a ¥1 Billion-Revenue CompanyA theme 83 companies write about · 0 as a headwind · 89 as a tailwind

The whole theme swung hardest in 2018: 3 of 26 companies on the "Worse" side.

4 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 83 companies compared. The sentences above are computed from all 83.
Full recordFilings, disclosures and news, newest first
  1. FY2022AdvancedAnnual report

    「The achievement status of each metric for the current fiscal year was as follows: consolidated net sales of ¥100,172 million, an operating margin of 9.9%, and ROE of 10.4%.」

    Against Vision2030's targets for the fiscal year ending March 2026, the Company disclosed current-fiscal-year results of ¥100.172 billion in net sales, a 9.9% operating margin, and ROE of 10.4%.
  2. FY2021Net sales and operating margin fell short of target; ROE achievedAnnual report

    「For the achievement status of each target in the current fiscal year, the final fiscal year of Vision2020, consolidated net sales were ¥86,209 million, an achievement rate of 86.2%; the operating margin was 9.4%, an achievement rate of 94.0%; and ROE was 10.6%, an achievement rate of 106.0%.」

    While Vision2020's targets of ¥100 billion in consolidated net sales and a 10% operating margin were not achieved, the 10% ROE target was achieved with ROE of 10.6%.
  3. FY2019AdvancedAnnual report

    「The Group has established Vision2020 as its medium- to long-term plan and set targets of consolidated net sales of ¥100 billion and an operating margin of 10% for the fiscal year ending March 2021. As of the fiscal year ended March 2019, the achievement rate for consolidated net sales was 80.9%, while the operating margin improved by 1.1 percentage points from the previous fiscal year to 6.9%.」

    Vision2020's target year was explicitly set as the fiscal year ending March 2021, and progress was disclosed as an 80.9% achievement rate against the ¥100 billion net sales target and a 6.9% operating margin, an improvement of 1.1 percentage points year on year.
  4. FY2017First statedAnnual report

    「The Group established Vision2020 as its medium- to long-term plan setting out where it aims to be in 2020. In addition to growing net sales to ¥100 billion, it aims to improve ROE (return on equity) and market capitalization. In Japan, it will develop its business around the MELS Plan, while also working to expand overseas markets and new businesses.」

    Vision2020, with 2020 as its target year, was stated explicitly for the first time, with targets of ¥100 billion in net sales, higher ROE, and higher market capitalization. Expansion of the domestic MELS Plan, overseas markets, and new businesses were identified as the means of achieving these targets.
Moved together

"Stabilizing the Earnings Base Through MELS PLAN Expansion" moved the same way as this thread, in the same document, in 2 of its 4 moves.

22222★12345
  1. ★This thread
  2. 1Stabilizing the Earnings Base Through MELS PLAN Expansion2×
  3. 2Expanding the Product Range of Disposable and Multifocal Lenses and Lens Care Products2×
  4. 3Miru Brand: Expansion of Overseas Channels and European Operations2×
  5. 4Further Expansion of the Business Foundation in China2×
  6. 5Expansion of business areas beyond contact lenses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Menicon yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
¥100 Billion in Sales and Enhancement of Corporate Value under Vision2020 | Menicon Co.,Ltd. (7780) | Komori