Achieving ROE of at least 10% over the medium term
First written in FY2018. 1 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 27 of 109 companies on the "Worse" side.
- FY2026ROE below target and decliningAnnual report
「We place importance on improving ROE (return on equity) to enhance profitability and capital efficiency, and aim to consistently achieve ROE of at least 10% as a medium-term management indicator. Return on equity (%) 7.8」
The company continues to maintain its medium-term target of ROE of at least 10%, but return on equity fell from 9.3% in the previous fiscal year to 7.8%, below the target level. - FY2025ROE declined below targetAnnual report
「We place importance on improving ROE (return on equity) to enhance profitability and capital efficiency, and aim to consistently achieve ROE of at least 10% as a medium-term management indicator. Return on equity (%) 9.3」
The company continues to maintain its medium-term target of ROE of at least 10%, but return on equity rose from 7.5% in the previous fiscal year to 9.3%, still below the target level. - FY2022ROE declined from above target to below targetAnnual report
「We place importance on improving ROE (return on equity) to enhance profitability and capital efficiency, and aim to consistently achieve ROE of at least 10% as a medium-term management indicator. As a result, ROE, a management indicator, was 9.7% for the fiscal year. Going forward, we will seek to improve profit margins, primarily through greater production efficiency, and will continue working to improve ROE.」
The company continues to maintain its medium-term target of ROE of at least 10%, but ROE fell from 12.4% in the previous fiscal year, when the target was achieved, to 9.7% for the fiscal year, below the target level. It continues to target improved profit margins, primarily through greater production efficiency. - FY2021AchievedAnnual report
「We place importance on improving ROE (return on equity) to enhance profitability and capital efficiency, and aim to consistently achieve ROE of at least 10% as a medium-term management indicator. As a result, ROE, a management indicator, reached 12.4% for the fiscal year. Going forward, we will seek to improve profit margins, primarily through greater production efficiency, and will continue working to improve ROE.」
Against the medium-term target of ROE of at least 10%, ROE was 12.4% for the fiscal year, and the company states that it achieved its management indicator. - FY2020AdvancedAnnual report
「We place importance on improving ROE (return on equity) to enhance profitability and capital efficiency, and aim to consistently achieve ROE of at least 10% as a medium-term management indicator. ROE was 5.5% for the fiscal year. Going forward, we will seek to improve profit margins, primarily through greater production efficiency, and will continue working to improve ROE.」
While maintaining its medium-term target of ROE of at least 10%, the company improved ROE from 1.0% in the previous fiscal year to 5.5% for the fiscal year. It plans to continue improving profit margins, primarily through greater production efficiency. - FY2019RestatedAnnual report
「We place importance on improving ROE (return on equity) to enhance profitability and capital efficiency, and aim to consistently achieve ROE of at least 10% as a medium-term management indicator. ROE was 1.0% for the fiscal year. Going forward, we will seek to improve profit margins, primarily through greater production efficiency, and will continue working to improve ROE.」
The company continues to target medium-term ROE of at least 10%. ROE was 1.0% for the fiscal year, and the company cited improved profit margins, primarily through greater production efficiency, as the means of achieving this target. - FY2018First statedAnnual report
「We place importance on improving ROE (return on equity) to enhance profitability and capital efficiency, and aim to consistently achieve ROE of at least 10% as a medium-term management indicator.」
The company has stated for the first time that it aims to consistently achieve ROE of at least 10% as a medium-term management indicator. ROE was 2.2% for the fiscal year.