Medium- and Long-Term Targets for the Operating Profit Margin
First written in FY2018. 16 of 22 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The operating margin for the consolidated fiscal year was 5.1%, indicating that improvement toward the medium-term target of 6% is still under way. To close this gap, in the Hirayama Group's core insourcing and staffing business for Japan's manufacturing sector, we will improve the operating margin by reducing staffing requirements through improvements at outsourced worksites in the insourcing business, and by negotiating unit prices with large staffing sites in the staffing business.」
The operating margin improved from 3.5% in the previous fiscal year to 5.1%, narrowing the gap relative to the medium- to long-term target of 6%. Workforce reductions through worksite improvements and unit-price negotiations continue as countermeasures. - FY2026-H1AdvancedAnnual report
「As a result, performance for the current interim consolidated period was revenue of ¥18,799 million, up 4.1% year on year, and operating profit of ¥1,061 million, up 42.0%.」
The operating margin on an interim basis was approximately 5.6%, improving from approximately 4.1% in the previous interim period. On an interim basis, it exceeded the 4.8% target for the fiscal year ending June 2027. - FY2025AdvancedAnnual report
「The operating margin for the consolidated fiscal year was 3.5%, indicating that improvement toward the medium-term target of 4.8% is still under way.」
The operating margin improved from 3.2% in the previous fiscal year to 3.5%, but a gap remains relative to the 4.8% medium-term target for the fiscal year ending June 2027. - FY2025-H1AdvancedAnnual report
「As a result, for the six months ended [current interim period], net sales were ¥18,051.800 million, up 2.1% year on year; operating profit was ¥747.595 million, up 10.8%; ordinary profit was ¥776.495 million, up 9.6%, reflecting foreign exchange gains of ¥28.082 million and other items; and interim net income attributable to owners of the parent was ¥491.342 million, up 8.8%, after income taxes of ¥282.473 million and other items were recognized.」
The operating margin on an interim basis was approximately 4.1%, improving from approximately 3.8% in the previous interim period. On an interim basis, it exceeded the previous medium-term target of 4.0%. - FY2024RaisedAnnual report
「With respect to the management metric targeted by the Hirayama Group, we will place emphasis on the operating margin and pursue a medium- to long-term management target of 6%.」
The target level was raised from the previous medium-term target of 4.0% to a medium- to long-term target of 6.0%, with phased targets of 4.8% for the fiscal year ending June 2027 and 6.0% for the fiscal year ending June 2030. Actual performance for the current fiscal year was 3.2%, which was described as still being in the process of improving. - FY2024-Q3WorsenedAnnual report
「As a result, performance for the cumulative third quarter of the current consolidated fiscal year was revenue of ¥26,264 million, up 11.7% from the same quarter of the previous year, and operating profit of ¥855 million, up 9.1%.」
The operating margin for the cumulative third quarter was approximately 3.3%, a slight decline from approximately 3.3% in the same period of the previous year. The company explained that expenses associated with investment in human capital and the expansion of locations, recruitment and training systems reduced profit. - FY2024-Q2AdvancedAnnual report
「On the profit side, profit increased as a result of efforts to secure profit through higher revenue and to use SG&A expenses efficiently. As a result, revenue was ¥1,493 million, up 14.4% from the same quarter of the previous year, and segment profit was ¥95 million, up 160.5%.」
Based on total revenue of ¥17,685 million and operating profit of ¥674 million, the operating margin for the cumulative second quarter was approximately 3.8%. It improved from approximately 3.7% in the same period of the previous year, approaching the medium-term target of 4.0%. - FY2024-Q1WorsenedAnnual report
「As a result, for the three months ended [current first quarter], net sales were ¥8,538.347 million, up 10.6% year on year; operating profit was ¥218.132 million, down 23.2%; ordinary profit was ¥240.079 million, down 23.2%, reflecting foreign exchange gains of ¥18.557 million and other items; and net income attributable to owners of the parent was ¥157.524 million, down 21.3%, after income taxes of ¥92.997 million and other items were recognized. Operating profit was affected by active investment, particularly in human capital.」
The operating margin declined from approximately 3.7% in the same period of the previous year to approximately 2.6%. The company explained that proactive investment in human capital and other areas reduced operating profit. - FY2023AdvancedAnnual report
「The operating margin for the consolidated fiscal year was 2.8%, indicating that improvement toward the medium-term target of 4.0% is still under way. To close this gap, in the Hirayama Group's core insourcing and staffing business for Japan's manufacturing sector, we will improve the operating margin by reducing staffing requirements through improvements at outsourced worksites in the insourcing business, and by negotiating unit prices with large staffing sites in the staffing business.」
The operating margin improved from approximately 2.5% in the previous fiscal year to 2.8%. Although a gap remains relative to the medium-term target of 4%, workforce reductions and unit-price negotiations continue as countermeasures. - FY2023-Q3AdvancedAnnual report
「On the profit side, profit exceeded the plan, owing to improvements at outsourced worksites, the acquisition of projects with higher order unit prices and the effects of using RPA in SG&A expenses. As a result, performance for the cumulative third quarter of the current consolidated fiscal year was revenue of ¥23,519 million, up 15.4% from the same quarter of the previous year, and operating profit of ¥783 million, up 40.1%.」
The operating margin for the cumulative third quarter was approximately 3.3%, improving from approximately 2.7% in the same period of the previous year. Although a gap remains relative to the medium-term target of 4%, profit improvement has continued through worksite improvements, higher-unit-price projects and the use of RPA. - FY2023-Q2AdvancedAnnual report
「As a result, performance for the cumulative second quarter of the current consolidated fiscal year was revenue of ¥15,769 million, up 17.6% from the same quarter of the previous year, and operating profit of ¥585 million, up 49.6%.」
The operating margin for the cumulative second quarter was approximately 3.7%, improving from approximately 2.9% in the same period of the previous year and reaching a level close to the medium-term target of 4%. - FY2023-Q1AdvancedAnnual report
「As a result, performance for the cumulative first quarter of the current consolidated fiscal year was revenue of ¥7,719 million, up 17.6% year on year, and operating profit of ¥284 million, up 126.1%.」
The operating margin for the first quarter was approximately 3.7%, improving from 2.3% for FY2021 as a whole and approximately 2.9% for the cumulative second quarter of FY2022, and approaching the medium-term target of 4%. - FY2022-Q2AdvancedAnnual report
「As a result, performance for the cumulative second quarter of the current consolidated fiscal year was revenue of ¥13,411 million, up 23.1% from the same quarter of the previous year, and operating profit of ¥390 million, up 88.5%.」
The operating margin for the cumulative second quarter was approximately 2.9%, improving from 2.3% for FY2021 as a whole. A gap remains relative to the medium-term target of 4%. - FY2022-Q1AdvancedAnnual report
「As a result, performance for the cumulative first quarter of the current consolidated fiscal year was revenue of ¥6,566 million, up 26.3% year on year, and operating profit of ¥125 million, compared with operating profit of ¥848 thousand in the same period of the previous year.」
The operating margin for the first quarter was approximately 1.9%, improving from approximately 0.02% in the same period of the previous year. A gap remains relative to the medium-term target of 4%. - FY2021AdvancedAnnual report
「The operating margin for the consolidated fiscal year was 2.3%, indicating that improvement toward the medium-term target of 4% is still under way. To close this gap, in the Hirayama Group's core insourcing and staffing business for Japan's manufacturing sector, we will improve the operating margin by reducing staffing requirements through improvements at outsourced worksites in the insourcing business, and by negotiating unit prices with large staffing sites in the staffing business.」
The operating margin improved from 1.7% in the previous fiscal year to 2.3%, but a gap remains relative to the medium-term target of 4%. Workforce reductions at outsourced worksites and unit-price negotiations with large staffing sites were presented as the measures to address it. - FY2021-Q3AdvancedAnnual report
「As a result, performance for the cumulative third quarter of the current consolidated fiscal year was revenue of ¥16,697 million, down 4.4% from the same period of the previous year, and operating profit of ¥367 million, down 3.4%. Customer production was still recovering during July-September 2020 compared with the previous year.」
Cumulative operating profit declined year on year, but the operating margin was approximately 2.2%, a slight improvement from approximately 2.18% in the cumulative period of the previous fiscal year. A gap remains relative to the medium-term target of 4%. - FY2021-Q1WorsenedAnnual report
「As a result, performance for the first quarter of the current consolidated fiscal year was revenue of ¥5,200 million, down 10.4% year on year, and operating profit of ¥848 thousand, down 99.1% year on year.」
Operating profit declined to ¥848 thousand, widening the gap from the previous fiscal year between actual performance and the medium-term operating margin target of 4%. - FY2020AdvancedAnnual report
「The operating margin for the consolidated fiscal year was 1.7%, indicating that improvement toward the medium-term target of 4% is still under way.」
The operating margin improved from 1.0% in the previous fiscal year to 1.7%, but a gap remains relative to the medium-term target of 4%. - FY2019SoftenedAnnual report
「With respect to the management metric targeted by our group, we will place emphasis on the operating margin and pursue a medium-term management target of 4%. The operating margin for the consolidated fiscal year was 1.0%, indicating that improvement toward the medium-term target of 4% is still under way.」
The target level was lowered from the previous medium-term target of 5% and long-term target of 8% to a medium-term target of 4%, and the long-term target was no longer stated. Actual performance was 1.0%, which was described as still being in the process of improving toward the target. - FY2018First statedAnnual report
「With respect to the management metrics targeted by our group, we will place emphasis on gross profit margin and the SG&A ratio, and pursue management targets for the operating margin of 5% over the medium term and 8% over the long term. Specifically, we will expand the scope of contracts with existing insourcing clients in our core insourcing and staffing business for Japan's manufacturing sector, while converting existing manufacturing staffing clients to insourcing arrangements. We will also drive substantial improvements in both our own administrative operations and the operations of clients under existing insourcing contracts, working to contain SG&A expenses and improve the operating margin.」
A target operating margin of 5% over the medium term and 8% over the long term has been set, with expansion of contract scopes, conversion of staffing clients to insourcing arrangements, improvements in administrative operations and control of SG&A expenses identified as the means of achieving it.