Achieving target profit and improving profitability
First written in FY2017-Q1. 14 of 25 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 17 of 81 companies on the "Worse" side.
- FY2026Disclosure comparing FY2025 results with medium-term targetsAnnual report
「The management targets under the medium-term management plan for FY2024–FY2026 are consolidated operating profit of at least ¥1.6 billion (an operating profit margin of at least 4.5%), ROE of at least 7.0%, PBR of at least 0.7x, and an overseas sales ratio of at least 12%. FY2025 results were consolidated operating profit of ¥1.302 billion (3.8%), ROE of 5.9%, PBR of 0.52x, and an overseas sales ratio of 10.3%.」
The company disclosed a comparison of the medium-term management plan’s financial targets with FY2025 results. Although the operating profit margin, ROE, PBR and overseas sales ratio were all below target, the target for the final year of the plan was maintained. - FY2026-H1RaisedAnnual report
「In the second year, fiscal 2025, we revised upward the initial targets set when the medium-term management plan was announced and are accelerating efforts to achieve the plan, including strengthening the earnings power of existing businesses, transforming the business portfolio, actively investing in growth areas, enhancing shareholder returns, transforming the governance structure to enable more aggressive management, and strengthening overseas operations.」
The company stated that it had revised upward the initial FY2025 targets in its medium-term management plan relating to improved profitability. The specific revised figures were not provided in the main text. - FY2025ReframedAnnual report
「As management indicators under the medium-term management plan, the financial targets are consolidated revenue of at least ¥35 billion, operating profit of at least ¥1.6 billion, an operating profit margin of at least 4.5%, ROE of at least 7.0%, and an overseas sales ratio of at least 12%. For PBR, while aiming to achieve at least 1x in the future, we set a target of at least 0.7x based on the current level.」
The previous longer-term target of a 5% operating profit margin was reorganized under the medium-term management plan into multiple indicators: revenue, operating profit, operating profit margin, ROE, overseas sales ratio, and PBR. In FY2024, operating profit was ¥1.375 billion, the operating profit margin was 4.0%, and ROE was 7.0%. - FY2023AdvancedAnnual report
「The operating profit margin for the fiscal year was 2.9%. The trend in the operating profit margin over the most recent 5 fiscal years, including the current consolidated fiscal year, was 1.6% → 1.4% → 1.2% → 2.7% → 2.9%. It improved for the 2nd consecutive fiscal year. Over the longer term, we aim to establish a situation in which we can consistently record an operating profit margin of around 5%.」
The operating profit margin improved from 2.7% in the previous fiscal year to 2.9%, marking a 2nd consecutive fiscal year of improvement. The company maintained its longer-term target of a 5% level. - FY2023-Q3RestatedAnnual report
「Our group seeks to improve business performance by creating value for customers and converting that value into revenue commensurate with it. At the same time, we are enhancing our semiconductor-related mask business and building a profit structure capable of withstanding the contraction of the printing market.」
We continue efforts to convert customer value into revenue and build a profit structure by enhancing the semiconductor-related mask business. - FY2022AdvancedAnnual report
「The operating profit margin for the fiscal year was 2.7%. The trend in the operating profit margin over the most recent 5 fiscal years, including the current consolidated fiscal year, was 2.1% → 1.6% → 1.4% → 1.2% → 2.7%. After declining for 3 consecutive fiscal years, it improved by 1.5 percentage points from the previous fiscal year. Over the longer term, we aim to establish a situation in which we can consistently record an operating profit margin of around 5%.」
The operating profit margin improved by 1.5 percentage points from 1.2% in the previous fiscal year to 2.7%, and the company maintained its longer-term target of a 5% level. - FY2022-Q2RestatedAnnual report
「To support these activities, during the previous consolidated fiscal year we recruited employees for voluntary retirement and promoted fixed-cost reductions by reviewing production sites and equipment, thereby developing an organizational structure capable of withstanding market contraction.」
To improve profitability, the company continues organizational restructuring through voluntary retirement programs, reviews of production sites and equipment, and fixed-cost reductions. No change in or achievement of the profit margin target is mentioned. - FY2021Decline in the operating profit margin to 1.2% and continuation of the recovery targetAnnual report
「The operating profit margin for the fiscal year was 1.2%. It had remained at 2% for 3 consecutive fiscal years through 4 fiscal years ago, but began to decline in the previous fiscal year, and fell a further 0.2 percentage points in the current fiscal year compared with the previous fiscal year. Going forward, we will seek to achieve a prompt recovery to the 2% range and, over the longer term, aim to establish a situation in which we can consistently record an operating profit margin of around 5%.」
The operating profit margin declined from 1.4% in the previous fiscal year to 1.2%, while the company continues to target a short-term recovery to the 2% range and stable achievement of a 5% level over the longer term. - FY2021-Q2RestatedAnnual report
「To improve performance under these circumstances, our Group maintains a healthy sense of urgency under its basic policy of putting customers first and is working to secure sales and reduce costs and expenses, while also pursuing solution proposals that resolve issues by creating or increasing value for customers, or customer value. In other words, we are working to shift to a business model that avoids being drawn into facile price competition.」
The company continues initiatives to improve business performance and profitability in a challenging environment, but does not mention any change in or achievement of its profit margin target. - FY2020Decline in the operating profit margin to 1.4% and continuation of the recovery targetAnnual report
「The operating profit margin for the fiscal year was 1.4%. Going forward, we will seek to achieve a prompt recovery to the 2% range and, over the longer term, aim to establish a situation in which we can consistently record an operating profit margin of around 5%. As mentioned above, this requires a transformation in the printing business toward a business model offering “one-stop solutions that increase customer value,” and we believe it is important to accelerate this transformation.」
The operating profit margin declined from 1.6% in the previous fiscal year to 1.4%, while the company continues to target a short-term recovery to the 2% range and stable achievement of a 5% level over the longer term. - FY2020-Q3RestatedAnnual report
「To improve performance under these circumstances, our Group maintains a healthy sense of urgency under its basic policy of putting customers first and is working to secure sales and reduce costs and expenses, while also advancing solution proposals that resolve issues by creating or increasing value for customers, or customer value. In other words, we are shifting to a business model that avoids being drawn into facile price competition.」
The company continues initiatives to improve business performance and profitability in a challenging environment, but does not mention any changes to a new profit margin target or other targets. - FY2020-Q2RestatedAnnual report
「To improve performance under these circumstances, our Group maintains a healthy sense of urgency under its basic policy of putting customers first and is working to secure sales and reduce costs and expenses, while also advancing solution proposals that resolve issues by creating or increasing value for customers, or customer value. In other words, we are shifting to a business model that avoids being drawn into facile price competition.」
We continue to secure revenue, reduce costs and expenses, propose solutions, and transform the business model to improve business performance and profitability. - FY2020-Q1RestatedAnnual report
「To improve performance under these circumstances, our Group maintains a healthy sense of urgency under its basic policy of putting customers first and is working to secure sales and reduce costs and expenses, while also advancing solution proposals that resolve issues by creating or increasing value for customers, or customer value. In other words, we are shifting to a business model that avoids being drawn into facile price competition.」
The company continues to cite securing revenue, reducing costs and expenses, proposing solutions, and transforming the business model to improve business performance and profitability in a challenging business environment. - FY2019Decline in the operating profit margin and addition of a recovery target in the 2% rangeAnnual report
「The operating profit margin for the fiscal year was 1.6%. Going forward, we will seek to achieve a prompt recovery to the 2% range and, over the longer term, aim to establish a situation in which we can consistently record an operating profit margin of around 5%. As mentioned above, this requires a transformation in the printing business toward a business model offering “one-stop solutions that increase customer value,” and we believe it is important to accelerate this transformation.」
The operating profit margin declined from the 2% range in the previous fiscal year to 1.6%, while the company set out a target of an immediate recovery to the 2% range in the short term and stable achievement of a 5% level over the longer term. - FY2019-Q3RestatedAnnual report
「To improve business performance even under these circumstances, our group has focused not only on securing sales and reducing costs and expenses, but also on proposing problem-solving solutions that create or increase value for customers, in other words, transitioning to business models that are not drawn into easy price competition.」
We continue to cite initiatives to secure revenue, reduce costs and expenses, propose solutions, and transition to a new business model to improve business performance and profitability. - FY2019-Q2RestatedAnnual report
「To improve business performance even under these circumstances, our group has focused not only on securing sales and reducing costs and expenses, but also on proposing problem-solving solutions that create or increase value for customers, in other words, transitioning to business models that are not drawn into easy price competition.」
We continue to cite initiatives to secure revenue, reduce costs and expenses, propose solutions, and transition to a new business model to improve business performance and profitability. - FY2019-Q1RestatedAnnual report
「To improve business performance even under these circumstances, our group has focused not only on securing sales and reducing costs and expenses, but also on proposing problem-solving solutions that create or increase value for customers, in other words, transitioning to business models that are not drawn into easy price competition.」
We continue initiatives to secure revenue, reduce costs and expenses, propose solutions, and transition to a new business model to improve profitability. - FY2018RaisedAnnual report
「Looking ahead, we aim to establish a situation in which we can consistently record an operating profit margin of around 5%. As mentioned above, this requires a transformation in the printing business toward a business model offering “one-stop solutions that increase customer value,” and we believe it is important to accelerate this transformation.」
The policy for improving the operating profit margin has been made more specific, shifting from the previous improvement target to a target of consistently achieving a level of 5% in the future. Accelerating the transformation to a one-stop-solution business model is cited as the means of achieving this. - FY2018-Q3RestatedAnnual report
「To secure sustainable profits, our group has focused not only on securing sales and reducing costs and expenses, but also on developing solutions that create or increase value for customers, in other words, business models that are not drawn into easy price competition, and strengthening our semiconductor-related mask business.」
We continue to secure revenue, reduce costs and expenses, and develop customer-value-oriented business models in order to secure profit. - FY2018-Q2RestatedAnnual report
「To secure sustainable profits, our group has focused not only on securing sales and reducing costs and expenses, but also on developing solutions that create or increase value for customers, in other words, business models that are not drawn into easy price competition, and strengthening our semiconductor-related mask business.」
We continue to secure revenue, reduce costs and expenses, and develop customer-value-oriented business models in order to secure profit. - FY2018-Q1RestatedAnnual report
「To secure sustainable profits, our group has focused not only on securing sales and reducing costs and expenses, but also on developing solutions that create or increase value for customers, in other words, business models that are not drawn into easy price competition.」
We continue to secure profit by reducing costs and expenses and developing business models that increase customer value. - FY2017ReframedAnnual report
「We aim to raise the operating profit margin and improve return on equity (ROE) by promoting cost reductions through higher productivity and operating efficiency, thereby improving our ability to generate profit.」
In addition to referring to target profit and improved profitability, the company explicitly identifies the operating profit margin and ROE as management indicators and positions improvements in productivity and operating efficiency as the means to achieve them. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the business environment surrounding us remained challenging. We continued working to develop business models that can provide greater value to customers, secure sales to improve equipment utilisation, reduce costs through productivity improvements and other initiatives, and cut expenses.」
The company has reiterated productivity improvements, various cost reductions and expense reductions as means of continuously improving profitability. - FY2017-Q2RestatedAnnual report
「We have also undertaken various initiatives to reduce costs and improve productivity in order to achieve our target profit.」
We continue to pursue cost reductions and productivity improvements to achieve our target profit. - FY2017-Q1First statedAnnual report
「We are also working to improve profitability by reducing costs and increasing productivity to achieve our target profit.」
The company has set achieving target profit as an objective and identified cost reductions and productivity improvements as the means to achieve it.