Achieving a 10% Consolidated Operating Profit Margin for the Fiscal Year Ending March 2025
First written in FY2022. 2 of 5 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2019: 14 of 103 companies on the "Worse" side.
- FY2025-H1DroppedAnnual report
「The Group is working to execute the first-year plan of Medium-Term Management Plan 2024, a three-year plan whose final year is the fiscal year ending March 2027.」
The previous target of a 10% consolidated operating profit margin for the fiscal year ending March 2025 was not reiterated in this interim report and was replaced by an explanation of Medium-Term Management Plan 2024, whose final year is the fiscal year ending March 2027. - FY2023SoftenedAnnual report
「To respond to recent changes in economic conditions and the business environment, the Group rolled forward its 13 May 2022 Medium-Term Management Plan 2022 and formulated Medium-Term Management Plan 2023 dated 12 May 2023.」
The previously stated target of a 10% consolidated operating profit margin for the fiscal year ending March 2025 was not reiterated in the main text, which indicated an update to Medium-Term Management Plan 2023. Meanwhile, the current-period target table showed a target consolidated operating profit margin of at least 7.1% for the fiscal year ending March 2023, weakening the time horizon and numerical presentation of the targets. - FY2023-Q3RestatedAnnual report
「The Group is pursuing initiatives to achieve the Medium-Term Management Plan 2022, accelerating business structure reform and working to implement the plan in its first year with the aim of transforming itself into a functional materials manufacturer.」
The company continues to execute the first-year plan under Medium-Term Management Plan 2022 and transition to a functional materials manufacturer. No new change to the 10% consolidated operating margin target for the fiscal year ending March 2025 was stated. - FY2023-Q1RestatedAnnual report
「The Group is pursuing initiatives to achieve the Medium-Term Management Plan 2022, accelerating business structure reform and working to implement the plan in its first year with the aim of transforming itself into a functional materials manufacturer.」
As the first year of Medium-Term Management Plan 2022, the company continues to execute the plan and transition to a functional materials manufacturer. No new change to the 10% consolidated operating margin target for the fiscal year ending March 2025 was stated. - FY2022First statedAnnual report
「Through these measures, the company aims to enhance corporate value by further expanding the scope of the nanomaterials business and pursuing new businesses, optimizing its business portfolio, and achieving a 10% consolidated operating margin in the fiscal year ending March 2025.」
The company first explicitly stated a target of a 10% consolidated operating margin for the fiscal year ending March 2025 in its Medium-Term Management Plan 2022, through expansion of the nanomaterials business, new businesses and optimization of the business portfolio.