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People (7865) · PolicyReframed

A policy focused on balancing the management structure rather than starting with sales targets

First written in FY2018. 3 of 5 entries say "Reframed", first in FY2020. Latest entry: FY2022.

5entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018 – FY2019ReframedFY2020 – FY20222018: 120182019: 120192020: 120202021: 120212022: 12022
Same theme, other companies
Shift in Management Policy from Business Scale Expansion to a Focus on ProfitabilityA theme 30 companies write about · 0 as a headwind · 30 as a tailwind

People moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2020: 7 of 19 companies on the "Worse" side.

5 other companies' latest entry also says "Reframed".

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 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2022ReframedAnnual report

    「The objective is to shift from management based on the short-term target of the current fiscal year's operating margin to management that seeks to increase corporate value and achieve sustainable growth from a medium- to long-term perspective.」

    The company changed its management focus from short-term operating margin targets to enhancing corporate value and achieving sustainable growth over the medium to long term.
  2. FY2021ReframedAnnual report

    「We believe that continuing with our existing business methods would make it difficult even to maintain corporate value over the long term.」

    The company has shifted its focus from its previous policy of emphasizing balance in the management structure, recognizing that maintaining corporate value over the long term would be difficult under its existing business methods, toward creating new value and markets.
  3. FY2020ReframedAnnual report

    「While continuing to uphold the basic principles of our existing corporate philosophy, we have begun organizing the issues to be addressed in order to achieve future corporate growth and increase our value as an investment.」

    While explicitly maintaining the existing corporate philosophy, the company identifies organizing the issues related to corporate growth and increasing investment value as a priority for the new structure.
  4. FY2019RestatedAnnual report

    「Believing that continuity is a source of strength, we will abandon budgets and management plans that begin by setting sales targets aimed at expansion, and devote ourselves to management that places the highest priority on maintaining balance in the management structure.」

    The company continues to pursue a management policy that places the highest priority on balance in the management structure rather than starting with sales targets.
  5. FY2018First statedAnnual report

    「Believing that continuity is a source of strength, we will eliminate budgets and management plans that begin by setting sales targets aimed at expansion, and devote ourselves to management that places the highest priority on maintaining balance in the management structure.」

    The company sets out a basic policy of abandoning budgets and management plans calculated backward from sales targets and placing the highest priority on balance in the management structure.
Moved together

"Stalled Economic Recovery and Increased Uncertainty over the Outlook Due to Yen Appreciation, US-China Trade Friction and Higher Raw Material Costs" moved the same way as this thread, in the same document, in 2 of its 5 moves.

22★12
  1. ★This thread
  2. 1Stalled Economic Recovery and Increased Uncertainty over the Outlook Due to Yen Appreciation, US-China Trade Friction and Higher Raw Material Costs2×
  3. 2Margin compression due to price increases and a higher proportion of high-cost products2×

★ 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 People yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
A policy focused on balancing the management structure rather than starting with sales targets | People Co.,Ltd. (7865) | Komori