Komori
Artnature (7823) · TargetSoftened

Resetting Target Figures under the Challenge Plan

First written in FY2020. 2 of 3 entries say "Softened", first in FY2020. Latest entry: FY2022.

3entries
3years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseSoftenedFY2020OtherFY20212020: 120202021: 120212022: 12022
Same theme, other companies
Improving ROE and Ordinary Profit Margin on SalesA theme 40 companies write about · 2 as a headwind · 41 as a tailwind

Artnature moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).

The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.

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

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 40 companies compared. The sentences above are computed from all 40.
Full recordFilings, disclosures and news, newest first
  1. FY2022SoftenedAnnual report

    「Management indicators　Fiscal year ended March 2022 (actual)　Fiscal year ending March 2023 (target)　Net sales　¥40,437 million　¥41,991 million　Ordinary profit margin on net sales　7.5%　5.1%　ROE　4.9%　4.7%」

    The Company disclosed its targets for the fiscal year ending March 2023, but lowered them from the previously disclosed figures of net sales of ¥44,098 million, an ordinary profit margin on net sales of 8.5%, and ROE of 9.1% to ¥41,991 million, 5.1%, and 4.7%, respectively.
  2. FY2021Disclosure of target figuresAnnual report

    「Management indicators　Fiscal year ended March 2021 (actual)　Fiscal year ending March 2023 (target)　Net sales　¥35,868 million　¥44,098 million　Ordinary profit margin on net sales　5.6%　8.5%　ROE　3.3%　9.1%」

    The Company disclosed the Challenge Plan targets for the fiscal year ending March 2023, which had remained undecided in the previous fiscal year because of uncertainty surrounding the impact of COVID-19: net sales of ¥44,098 million, an ordinary profit margin on net sales of 8.5%, and ROE of 9.1%.
  3. FY2020SoftenedAnnual report

    「The management indicators targeted under the Art Nature Challenge Plan are as follows. As many factors remain uncertain regarding the impact of the global spread of COVID-19 on domestic and overseas economies and the Company's performance, the target management indicators are currently undecided and will be disclosed promptly once reasonable forecasts become possible.」

    The previous medium-term plan specified targets for net sales, ordinary profit margin on net sales and ROE, but the new plan left the targets for the fiscal year ending March 2023 undecided because the impact of the spread of COVID-19 remained uncertain.
Moved together

"Declining Profitability and Impairment Losses at Stores and Overseas Locations" moved the same way as this thread, in the same document, in 2 of its 3 moves.

22★12
  1. ★This thread
  2. 1Declining Profitability and Impairment Losses at Stores and Overseas Locations2×
  3. 2Market instability caused by a slowdown in emerging-market economies, the UK's withdrawal from the EU and the formation of a US administration2×

★ 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 Artnature yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Resetting Target Figures under the Challenge Plan | ARTNATURE INC. (7823) | Komori