Structural reform and growth strategy under the three-year management plan
First written in FY2017-Q1. 19 of 33 entries say "Restated". Latest entry: 2026-11-09.
No other company in this theme has enough history to compare yet.
- 2026-11-09RestatedResults
「2027年３月期を最終年度とする中期経営計画「EIDAI Advance Plan 2026」の達成に向けて各施策に取り組んでおります。」
EIDAI Advance Plan 2026の最終年度に向けた施策実行を継続している。 - FY2026Failure to meet the plan in the second year of the medium-term plan disclosedAnnual report
「The improvement in sales and profit margins in the residential materials business did not make up for the delay in improving the profitability of the wood-based panel business. Operating income was ¥719 million, down 10.0% from the target of ¥800 million; ordinary income was ¥504 million, down 15.9% from the target of ¥600 million; net income attributable to owners of the parent was -¥2,846 million, versus the target of ¥500 million; and EBITDA was ¥4,382 million, down 2.6% from the target of ¥4,500 million. All results were below plan.」
The company disclosed that, in the second year of the EIDAI Advance Plan 2026, net sales, operating income, ordinary income, net income attributable to owners of the parent and EBITDA all fell below plan. - FY2026-H1RestatedAnnual report
「Under these circumstances, the Group is implementing various measures to achieve the EIDAI Advance Plan 2026, whose final year is the fiscal year ending March 2027.」
The company continues to implement the EIDAI Advance Plan 2026, whose final year is the fiscal year ending March 2027, and the measures to achieve it. - FY2025Disclosure of a shortfall against the first-year targets of the new medium-term planAnnual report
「In the first year, the fiscal year ending March 2025, net sales were ¥71,202 million, slightly below the target of ¥72,000 million, as the core residential materials business was affected by the low level of new housing starts. Although the improvement in the profit margin in the residential materials business more than offset the effect of lower sales, it did not make up for the delay in improving the profitability of the wood-based panel business. Consequently, operating income was -¥293 million, versus the target of ¥250 million; ordinary income was -¥398 million, versus the target of ¥50 million; net income attributable to owners of the parent was -¥29 million, versus the target of ¥200 million; and EBITDA was ¥3,380 million, versus the target of ¥3,850 million. All results were below the numerical targets.」
The company stated that, in the first year of the EIDAI Advance Plan 2026, net sales, operating income, ordinary income, net income attributable to owners of the parent and EBITDA all fell below target. - FY2024ReframedAnnual report
「In light of these circumstances, the Group formulated a new medium-term management plan, the EIDAI Advance Plan 2026, whose first year is the fiscal year ending March 2025. The plan aims to build a stable management base and strengthen earnings capacity so that the Group can consistently generate profits even as higher logistics costs and labor shortages in the construction industry become apparent due to the “2024 problem” affecting the logistics, transportation and construction industries.」
Following the final year of the EIDAI Advance Plan 2023, the company switched to the EIDAI Advance Plan 2026, covering the fiscal year ending March 2027 and beginning in the fiscal year ending March 2025. Its five priority measures are safety, customer quality, increasing the market share of the residential materials business and reducing dependence on new housing, strengthening the wood-based panel business, and sustainable management. The targets for the fiscal year ending March 2027 are net sales of ¥76,500 million, operating income of ¥1,000 million, ordinary income of ¥800 million and EBITDA of ¥4,750 million. - FY2024-Q3RestatedAnnual report
「Against this backdrop, our group proceeded with initiatives based on the basic policies of the medium-term management plan “EIDAI Advance Plan 2023,” which ends in the fiscal year ending March 2024, to achieve the plan’s objectives, and」
The company continues to implement measures based on the final year and basic policies of its medium-term management plan. - FY2024-Q2RestatedAnnual report
「Against this backdrop, our group proceeded with initiatives based on the basic policies of the medium-term management plan “EIDAI Advance Plan 2023,” which ends in the fiscal year ending March 2024, to achieve the plan’s objectives.」
The company continues to implement measures based on the basic policies of its medium-term management plan, whose final year is the fiscal year ending March 2024. - FY2024-Q1RestatedAnnual report
「Against this backdrop, our group proceeded with initiatives based on the basic policies of the medium-term management plan “EIDAI Advance Plan 2023,” which ends in the fiscal year ending March 2024, to achieve the plan’s objectives.」
The company continues to implement measures based on the basic policies of its medium-term management plan, whose final year is the fiscal year ending March 2024. - FY2023SoftenedAnnual report
「To achieve the EIDAI Advance Plan 2023, whose final year is the fiscal year ending March 2024, the Group implemented various measures based on the plan's basic policies. However, with the spread of COVID-19, the prolonged wood shock and situation in Ukraine, and the rapid depreciation of the yen, among other factors, raw-material, resource and energy prices continued to surge. As a result, in each of the past 2 years, net sales and all profit figures fell below the numerical targets.」
For the fiscal year ending March 2024, the company set targets of net sales of ¥75,000 million, an operating loss of ¥100 million, an ordinary loss of ¥300 million and EBITDA of ¥3,650 million. The profit targets were lowered from the previous targets for the fiscal year ending March 2024 of net sales of ¥68,000 million, operating income of ¥700 million, ordinary income of ¥140 million and EBITDA of ¥4,300 million, revising the numerical targets for the final year of the plan. - FY2023-Q2RestatedAnnual report
「Against this backdrop, our group proceeded with initiatives based on the basic policies of the medium-term management plan “EIDAI Advance Plan 2023,” which ends in the fiscal year ending March 2024, to achieve the plan’s objectives.」
The company continues to operate under the framework of a medium-term management plan whose final year is the fiscal year ending March 2024 and to implement measures based on its basic policies. - FY2023-Q1RestatedAnnual report
「Against this backdrop, our group proceeded with initiatives based on the basic policies of the medium-term management plan “EIDAI Advance Plan 2023,” which ends in the fiscal year ending March 2024, to achieve the plan’s objectives. In particular, we focused on expanding sales in the housing and non-residential sectors by launching new products that incorporate customer needs.」
The company continues to launch new products reflecting customer needs and expand sales in the residential and non-residential sectors under the EIDAI Advance Plan 2023, whose final year is the fiscal year ending March 2024. - FY2022SoftenedAnnual report
「In light of these circumstances, our review of the medium-term management plan indicated that the numerical targets from the second year onward were likely to diverge significantly from those set when the plan was formulated, and we therefore determined that the plan needed to be revised.」
The numerical targets for the second year onward under the EIDAI Advance Plan 2023 were revised. The targets are net sales of ¥65,000 million, operating income of ¥150 million, ordinary income of ¥30 million and EBITDA of ¥3,000 million for the fiscal year ending March 2023, and net sales of ¥68,000 million, operating income of ¥700 million, ordinary income of ¥140 million and EBITDA of ¥4,300 million for the fiscal year ending March 2024. The six basic policies remain unchanged. - FY2022-Q3RestatedAnnual report
「Against this backdrop, the Group formulated a new medium-term management plan, "EIDAI Advance Plan 2023," beginning in the fiscal year ending March 2022, with the aim of establishing a stable earnings base and further expanding its business over the medium to long term in light of the management environment and market needs in the post-COVID and with-COVID era.」
The company continues its new medium-term management plan, "EIDAI Advance Plan 2023," revised from the previous plan, with the aim of establishing a stable earnings base and expanding its business over the medium to long term. - FY2022-Q2RestatedAnnual report
「Against this backdrop, our group formulated a new medium-term management plan, “EIDAI Advance Plan 2023,” beginning in the fiscal year ending March 2022, based on the post-COVID and with-COVID business environment and market needs, with the aim of establishing a stable earnings base and further expanding our business over the medium to long term. Based on the plan’s basic policies, we are pursuing various initiatives, including further improvements in quality and service, higher market share in the housing sector, a transition to a business structure that does not depend on new housing starts, optimization of our production structure, reforms to logistics and information systems, and thorough cost reductions.」
The company continues its new medium-term management plan, "EIDAI Advance Plan 2023," and its 6 basic policies. - FY2022-Q1ReframedAnnual report
「Against this backdrop, the Group formulated a new medium-term management plan, "EIDAI Advance Plan 2023," beginning in the fiscal year ending March 2022, with the aim of establishing a stable earnings base and further expanding its business over the medium to long term in light of the management environment and market needs in the post-COVID and with-COVID era.」
The company reviewed its previous plan in light of the impact of COVID-19 and reformulated it as a new medium-term management plan beginning in the fiscal year ending March 2022. - FY2021-Q3Post-COVID measures incorporated into the planAnnual report
「The company plans to add specific measures aimed at the post-COVID era when reviewing the plan, although it believes that there is no need to make major changes to the 6 basic policies.」
Although the five-year plan remains undecided for the time being, the company stated that it would maintain the 6 basic policies and plans to add specific measures aimed at the post-COVID era. - FY2021-Q2Recognition of additional post-COVID measuresAnnual report
「The company recognises that, although there is no need to make major changes to the 6 basic policies when reviewing the plan, it will be necessary to add specific measures aimed at the post-COVID era.」
While continuing to leave the five-year plan undecided for the time being, the company stated that it would maintain the 6 basic policies and add specific measures aimed at the post-COVID era. - FY2021-Q1SoftenedAnnual report
「The Group incorporated the issues requiring priority action into 6 basic policies under its five-year management plan, "EIDAI Advance Plan 2023," which began in the fiscal year ending March 2020, and is pursuing each measure. However, because it is difficult to reasonably calculate the impact of COVID-19 on operating results, the plan remains undecided for the time being. The Group is currently reviewing the assumptions based on the pandemic's course, including demand trends in the housing industry and the period over which the pandemic may affect operating results, taking into account the time from housing starts to installation of the residential interior materials sold by the Group, but expects that it will take some time before a new plan can be announced.」
The company continues to leave the five-year plan undecided for the time being, stating that it is reviewing the assumptions regarding the pandemic's impact and that the announcement of a new plan will take further time. - FY2020SoftenedAnnual report
「The Group believes that its five-year management plan needs to be reviewed in light of the impact of COVID-19. However, because it is difficult at this point to forecast the impact on operating results, the Group has left the plan for the fiscal year ending March 2021 and beyond undecided for the time being and will announce it promptly once reasonable calculations become possible.」
With regard to the previous five-year management plan, the company left the plan for the fiscal year ending March 2021 and beyond undecided for the time being because of the impact of COVID-19. - FY2020-Q3RestatedAnnual report
「Against this backdrop, our group formulated the five-year management plan “EIDAI Advance Plan 2023,” beginning in the fiscal year ending March 2020, and implemented initiatives in line with its basic policies, including expanding sales of the new “Skism” brand.」
The company continues the revised five-year management plan, "EIDAI Advance Plan 2023," replacing the previous three-year plan, together with measures based on its basic policies. - FY2020-Q2RestatedAnnual report
「Against this backdrop, our group formulated the five-year management plan “EIDAI Advance Plan 2023,” beginning in the fiscal year ending March 2020, and began implementing initiatives in line with its basic policies, including expanding sales of the new “Skism” brand.」
The company identified the revised five-year management plan, replacing the previous three-year plan, as the "EIDAI Advance Plan 2023" and began measures aligned with its basic policies, including expanding sales of Skism. - FY2020-Q1ReframedAnnual report
「In parallel with these efforts, the company reviewed its medium-term management plan and newly formulated a five-year management plan beginning in the fiscal year ending March 2020, with the aim of strengthening the Group's management foundation and achieving further growth and enhancement of corporate value even amid an increasingly challenging business environment.」
The company reviewed its previous three-year management plan and changed the plan framework to a five-year management plan beginning in the fiscal year ending March 2020. - FY2019-Q3RestatedAnnual report
「Against this backdrop, our group pursued various initiatives, including strengthening earnings power in the housing sector, developing and expanding sales in the non-residential sector, and strengthening our overseas business.」
The company continues to pursue measures for the residential, non-residential and overseas businesses based on the basic policies of its three-year management plan. Although the typhoon damage delayed some measures, the company states that there were no significant changes to the plan itself. - FY2019-Q2RestatedAnnual report
「Against this backdrop, our group is pursuing various initiatives, including strengthening earnings power in the housing sector, developing and expanding sales in the non-residential sector, and strengthening our overseas business.」
The company continues to pursue measures for the residential, non-residential and overseas businesses based on the basic policies of its three-year management plan. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the Group formulated a three-year management plan ending in the fiscal year ending March 2021, with the aim of transforming its business structure to achieve sustainable growth amid a rapidly changing business environment. Based on the plan's basic policies, the Group is pursuing measures including strengthening profitability in the residential sector, developing and expanding sales in the non-residential sector, and strengthening its overseas business.」
The company continues its three-year management plan ending in the fiscal year ending March 2021 and the measures for the residential, non-residential and overseas businesses based on its basic policies. - FY2018RaisedAnnual report
「The Group formulated a three-year management plan ending in the fiscal year ending March 2021 as its medium-term management plan and is working to achieve its numerical targets.」
Operating profit under the previous plan, which ended in the fiscal year ending March 2018, was 19.5% below plan. The company then formulated a new plan ending in the fiscal year ending March 2021, with targets of ¥70,000 million in net sales, ¥3,000 million in operating profit and ¥3,150 million in ordinary profit. - FY2018-Q3RestatedAnnual report
「In line with its medium- to long-term management strategy, the Group further promoted new product development and cost reductions, worked to expand its share of existing markets, and pursued the development of the non-residential market by strengthening sales activities for facilities such as nursery schools.」
Although the name of the three-year management plan was not repeated, the company continues to develop new products, reduce costs, expand its share of existing markets and develop the non-residential market based on its medium- to long-term strategy. - FY2018-Q2RestatedAnnual report
「In anticipation of a decline in domestic new housing starts, we will continue to pursue various initiatives aimed at transitioning to a business structure that does not depend on new housing starts, including strengthening our response to the senior market, the used housing and renovation markets, and the non-residential market.」
While stating that there were no significant changes to its management policies, management strategy or other matters, the company continues to pursue structural transformation and respond to growth markets. - FY2018-Q1RestatedAnnual report
「In anticipation of a decline in domestic new housing starts, we will continue to pursue various initiatives aimed at transitioning to a business structure that does not depend on new housing starts, including strengthening our response to the senior market, the used housing and renovation markets, and the non-residential market.」
Although the name of the three-year management plan was not repeated, the company continues to pursue structural transformation and respond to growth markets as part of its medium- to long-term strategy. - FY2017ReframedAnnual report
「The company's medium- to long-term management strategy and issues to be addressed」
The name of the three-year management plan, which had been explicitly stated through the previous quarter, was not prominent in the current fiscal year's text and was instead organised into 10 measures under the heading "the company's medium- to long-term management strategy and issues to be addressed." - FY2017-Q3RestatedAnnual report
「The company went a step further by formulating a three-year management plan with structural reform and a growth strategy that anticipates change as its medium- to long-term vision, and continues to pursue measures aimed at creating new corporate value and enhancing the common interests of shareholders.」
The company continues its three-year management plan, which positions structural reform and a growth strategy as its medium- to long-term vision, together with measures to enhance corporate value and the common interests of shareholders. - FY2017-Q2RestatedAnnual report
「The company went a step further by formulating a three-year management plan with structural reform and a growth strategy that anticipates change as its medium- to long-term vision, and continues to pursue measures aimed at creating new corporate value and enhancing the common interests of shareholders.」
The company continues its three-year management plan, which positions structural reform and a growth strategy as its medium- to long-term vision, together with measures to enhance corporate value and the common interests of shareholders. - FY2017-Q1First statedAnnual report
「The company went a step further by formulating a three-year management plan with structural reform and a growth strategy that anticipates change as its medium- to long-term vision, and continues to pursue measures aimed at creating new corporate value and enhancing the common interests of shareholders.」
The company established a framework for ongoing efforts to enhance corporate value and the common interests of shareholders by incorporating structural reform and a growth strategy into its three-year management plan as a medium- to long-term vision.