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Kawai Musical Instruments Manufacturing (7952) · TargetReframedLatest Management plan (2026-05-14): "Restated"

ROE of 8% or higher (fiscal year ended March 2019)

First written in FY2018. 9 of 13 entries say "Restated". Latest entry: 2026-05-14.

13entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2024-Q32018: 120182019: 120192020: 220202021: 120212022: 320222023: 220232024: 120242025: 120252026: 12026
Same theme, other companies
Improving Capital Efficiency and Profitability Through ROE and ROICA theme 404 companies write about · 7 as a headwind · 407 as a tailwind

The whole theme swung hardest in 2019: 13 of 100 companies on the "Worse" side.

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 193 companies compared. The sentences above are computed from all 193.Comparing 200 of the theme's 415 threads.
Full recordFilings, disclosures and news, newest first
  1. 2026-05-14RestatedManagement plan

    「「KAWAI 十年の計」3年目のROEを5.5%、6年目10%、10年目16%に成長させ、持続的な成長を目指す」

    ROEの段階的な目標について、2025年3月期の有価証券報告書で示された10年計画の目標水準を適時開示でも再確認している。
  2. FY2025ReframedAnnual report

    「Under the Eighth Medium-Term Management Plan, “KAWAI's Ten-Year Plan” (April 2025 to March 2035), the Company has set targets of ROE of 5.5% in 3 years, 10.0% in 6 years and 16.0% or higher in 10 years.」

    The short-term target of ROE of 8% or higher for the fiscal year ended March 2019 has been restructured into phased ROE targets for 2028, 2031 and 2035. The final target is 16.0% or higher.
  3. FY2024-Q3RestatedAnnual report

    「There were no material changes during the cumulative third quarter under review to the objective indicators used to assess progress toward the Group's management policies, management strategies and management targets.」

    The Company reconfirmed that there have been no material changes to objective management indicators, including ROE.
  4. FY2024-Q1RestatedAnnual report

    「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」

    The Company reconfirmed that there have been no material changes to objective management indicators, including ROE.
  5. FY2023-Q3RestatedAnnual report

    「There were no material changes during the cumulative third quarter under review to the objective indicators used to assess progress toward the Group's management policies, management strategies and management targets.」

    The Company reconfirmed that there have been no material changes to objective management indicators, including ROE.
  6. FY2023-Q2RestatedAnnual report

    「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」

    The Company reconfirmed that there have been no material changes to objective management indicators, including ROE.
  7. FY2023-Q1RestatedAnnual report

    「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」

    The Company reconfirmed that there have been no material changes to objective management indicators, including ROE.
  8. FY2022-Q3RestatedAnnual report

    「There were no material changes during the cumulative third quarter under review to the objective indicators used to assess progress toward the Group's management policies, management strategies and management targets.」

    The Company reconfirmed that there have been no material changes to objective management indicators, including ROE of 8% or higher.
  9. FY2022-Q1RestatedAnnual report

    「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」

    The Company reconfirmed that there have been no material changes to objective management indicators, including ROE.
  10. FY2021-Q1RestatedAnnual report

    「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」

    The Company states that there have been no material changes to objective management indicators, including ROE of 8% or higher.
  11. FY2020Disclosure of first-year plan resultsAnnual report

    「ROE 7.5% 6.1% Down 1.4 percentage points」

    The Company disclosed that ROE in the first year of the Sixth Medium-Term Management Plan was 6.1%, compared with the plan target of 7.5%.
  12. FY2019RaisedAnnual report

    「As its target management indicators, the Group set a target operating margin of 5% or higher and ROE (return on equity) of 8% or higher for the final year of the Resonate2018 medium-term management plan (fiscal year ended March 2019). In the current consolidated fiscal year, the operating margin was 5.1% (up 1.2 percentage points year on year), while ROE (return on equity) was 8.4% (down 0.2 percentage points year on year).」

    After achieving ROE of 8.4% against the Resonate2018 target of 8% or higher, the Sixth Medium-Term Management Plan raised the target to ROE of 9.2% for the fiscal year ending March 2022.
  13. FY2018First statedAnnual report

    「As its target management indicators, the Group set a target operating margin of 5% or higher and ROE (return on equity) of 8% or higher for the final year of its medium-term management plan (fiscal year ended March 2019). In the current consolidated fiscal year, the operating margin was 3.9% (up 0.4 percentage points year on year), while ROE (return on equity) was 8.6% (up 1.0 percentage points year on year).」

    The Company explicitly set a target of ROE of 8% or higher for the fiscal year ended March 2019, while ROE for the current fiscal year was 8.6%.
Moved together

"Overseas expansion of the KAWAI brand through its partnership with Parsons" moved the same way as this thread, in the same document, in 2 of its 13 moves.

2★1
  1. ★This thread
  2. 1Overseas expansion of the KAWAI brand through its partnership with Parsons2×

★ 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
Kawai Musical Instruments Manufacturing's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Management plan of 2026-05-14: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.