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Revision of earnings forecasts7863HIRAGA CO.,LTD.Information and Communications, Services and Others

Notice Regarding the Review of the Treatment of Numerical Targets under the Medium-Term Management Plan (SPX2027)

The numerical targets set out in the medium-term management plan, “SPX2027,” will be withdrawn. Going forward, the Company will shift to a management approach that places greater emphasis on single-year performance targets, key strategies and progress against them. The mission and long-term growth strategy toward 2030 will remain unchanged.

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Revised forecast

Fiscal years ending March 2025 to March 2027 · Fiscal years ending March 2025 to March 2027
Reason for the revision

Given the high level of uncertainty in the business environment and the ongoing transformation of the cost structure, operating structure and earnings structure, the Company determined that, at this stage, placing greater emphasis on annual execution plans and progress is more effective than managing numerical targets under a medium-term management plan covering a defined period.

Revised forecast
ItemDetails
Fiscal Period CoveredFiscal years ending March 2025 to March 2027
Period CoveredFiscal years ending March 2025 to March 2027
Reason for the revisionGiven the high level of uncertainty in the business environment and the ongoing transformation of the cost structure, operating structure and earnings structure, the Company determined that, at this stage, placing greater emphasis on annual execution plans and progress is more effective than managing numerical targets under a medium-term management plan covering a defined period.
Items this document does not state (10)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecastPrevious-period resultsDetails and amount of extraordinary lossDividend forecast revisionConsolidated / non-consolidated

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company determined that, having moved into the execution phase of its growth strategy, placing greater emphasis on annual execution plans and progress is more effective at this stage. It explained that, as high raw material prices and changes in the industry structure continue, the transformation of its cost structure, operating structure and earnings structure is still under way, reducing the effectiveness of managing numerical targets over a defined period.

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Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Review of the Treatment of Numerical Targets under the Medium-Term Management Plan (SPX2027) | HIRAGA CO.,LTD. (7863) timely disclosure | Komori