Continued achievement of ROE of 20% or more
First written in FY2017. 2 of 9 entries say "Worsened", first in FY2025. Latest entry: FY2027-H1.
The whole theme swung hardest in 2019: 13 of 100 companies on the "Worse" side.
- FY2027-H1WorsenedAnnual report
「Interim net earnings or interim net loss per share (△) (Yen) 14.83 △ 17.71 62.21」
Interim earnings per share shifted from ¥14.83 in the previous year to an interim net loss per share of ¥17.71. The shareholder value indicator for the interim period also deteriorated from full-year FY2026 EPS of ¥62.21. - FY2026AdvancedAnnual report
「EPS for the current consolidated fiscal year was ¥62.21, compared with negative ¥122.71 in the previous fiscal year, and we will continue to work diligently to improve this indicator.」
As the indicator framework was reorganized around operating profit margin, EPS, ROE, and operating cash flow, EPS improved from negative ¥122.71 in the previous year to ¥62.21. ROE was 4.6%. - FY2025WorsenedAnnual report
「EPS for the current consolidated fiscal year was negative ¥122.71, compared with ¥56.04 in the previous fiscal year, and we will continue to work diligently to improve this indicator.」
EPS, which the company emphasizes as a management indicator, decreased from ¥56.04 in the previous year to negative ¥122.71. Even after shifting from a target of ROE of 20% or more to a framework emphasizing operating profit, operating cash flow, and EPS, the company indicated that it would continue to improve EPS. - FY2023ReframedAnnual report
「Our group’s management objectives are to improve business efficiency and maximize shareholder value. As management indicators, we place particular emphasis on operating profit and operating cash flow, which represent the profitability of the business, and aim to increase both. We also strive to enhance shareholder value sustainably through growth in EPS (earnings per share).」
The explicit management indicator of ROE of 20% or more was no longer stated in the text, which was reorganized around operating profit, operating cash flow, and EPS growth. ROE was 6.2% and EPS was ¥75.12 in FY2023. - FY2021ROE declinedAnnual report
「ROE for the current consolidated fiscal year was 14.6%, down 2.1 percentage points year on year, and we will continue to work diligently to improve this indicator.」
While targeting ROE of 20% or more, actual ROE decreased from 16.7% in the previous fiscal year to 14.6%. - FY2020ROE performance increasedAnnual report
「ROE for the current consolidated fiscal year was 16.7%, up 3.3% year on year, and we will continue to work diligently to improve this indicator.」
While targeting ROE of 20% or more, actual ROE rose 3.3 percentage points from 13.4% in the previous fiscal year to 16.7%, although achievement of the target was not stated. - FY2019ROE updatedAnnual report
「ROE for the current consolidated fiscal year was 13.4%, down 0.4% year on year, and we will continue to work diligently to improve this indicator.」
While targeting ROE of 20% or more, the company recorded ROE of 13.4% for the current fiscal year, down 0.4 percentage points year on year. - FY2018ROE updatedAnnual report
「The management indicator targeted by our group is ROE (return on equity) of 20% or more. This indicator is intended to improve business efficiency and maximize shareholder value, and our goal is to establish a strong business foundation capable of achieving it consistently on both a consolidated and non-consolidated basis.」
The company continues to target ROE of 20% or more and pursue rationalization, cost reductions, efficient capital investment, IT technology, and education and training as means of achieving it. ROE, a key management indicator, was 13.8% for the current fiscal year. - FY2017First statedAnnual report
「The management indicator targeted by our group is ROE (return on equity) of 20% or more. This indicator is intended to improve business efficiency and maximize shareholder value, and our goal is to establish a strong business foundation capable of achieving it consistently on both a consolidated and non-consolidated basis. To achieve this target, we will improve productivity per employee through rationalization, cost reductions and highly efficient capital investment, make effective use of the IT technology for high-mix, low-volume production that we have developed over many years, and provide education and training to improve employee skills, so that each employee will consistently conduct activities with an awareness of profitability.」
The company identified ROE of 20% or more as a management indicator and cited rationalization, cost reductions, efficient capital investment, high-mix, low-volume production IT technology, and education and training as means of achieving it.