Achieving Higher ROE and a 3% Ordinary Profit Margin
First written in FY2018. 4 of 13 entries say "Worsened", first in FY2026-H1. Latest entry: FY2027-H1.
Naigai moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 9 of 32 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2027-H1Interim loss narrowed, but target not achievedAnnual report
「Operating loss was ¥311 million, compared with an operating loss of ¥326 million in the same period of the previous year, and ordinary loss was ¥166 million, compared with an ordinary loss of ¥295 million.」
Although the ordinary loss narrowed from the same period of the previous year, the company recorded an ordinary loss for the interim consolidated accounting period against the target of a consolidated ordinary profit margin of at least 3%, and the target was not achieved. - FY2026WorsenedAnnual report
「With the aim of improving TSR, we will build a sustainable growth business portfolio and establish a stable earnings structure, thereby continuously increasing corporate value. We aim to consistently achieve a consolidated ordinary profit margin of at least 3%.」
While maintaining the target of a consolidated ordinary profit margin of at least 3%, the company recorded an ordinary loss of ¥54 million for the consolidated fiscal year, moving further away from achieving the target. - FY2026-H1WorsenedAnnual report
「As a result, net sales for the interim consolidated accounting period were ¥5,982 million, down 0.1% year on year; operating loss was ¥326 million, compared with an operating loss of ¥210 million in the same period of the previous year; and ordinary loss was ¥295 million, compared with an operating loss of ¥185 million in the same period of the previous year.」
Against the target of a consolidated ordinary profit margin of at least 3%, the company recorded an ordinary loss of ¥295 million for the interim consolidated accounting period, widening the loss from the ¥185 million ordinary loss in the same period of the previous year. - FY2025-H1Interim loss indicates progress toward targetAnnual report
「As a result, net sales for the interim consolidated accounting period were ¥5,987 million, up 1.0% year on year; operating loss was ¥210 million, compared with an operating loss of ¥173 million in the same period of the previous year; and ordinary loss was ¥185 million, compared with an ordinary loss of ¥120 million.」
Against the target of a consolidated ordinary profit margin of at least 3%, the company recorded an ordinary loss of ¥185 million for the interim consolidated accounting period. As of the interim period, progress toward achieving the full-year target was still underway. - FY2024Returned to profitability, but ordinary profit margin below 3% targetAnnual report
「As a result, net sales for the consolidated fiscal year were ¥13,021 million, compared with ¥12,714 million in the previous fiscal year; operating profit was ¥22 million, compared with an operating loss of ¥1,183 million; and ordinary profit was ¥170 million, compared with an ordinary loss of ¥1,184 million,」
Ordinary profit was ¥170 million, marking a return to profitability. However, against the target of a consolidated ordinary profit margin of at least 3%, the ordinary profit margin for the fiscal year calculated from the disclosed figures was approximately 1.3%, so the target was not achieved. - FY2023RestatedAnnual report
「With the aim of improving TSR, we will build a sustainable growth business portfolio and establish a stable earnings structure, thereby continuously increasing corporate value. We aim to consistently achieve a consolidated ordinary profit margin of at least 3%.」
The targets of improving TSR, building a growth business portfolio, establishing a stable earnings structure, and achieving a consolidated ordinary profit margin of at least 3% have been maintained. - FY2022RestatedAnnual report
「With the aim of improving TSR, we will build a sustainable growth business portfolio and establish a stable earnings structure, thereby continuously increasing corporate value. We aim to consistently achieve a consolidated ordinary profit margin of at least 3%.」
The targets of improving TSR, building a growth business portfolio, establishing a stable earnings structure, and achieving a consolidated ordinary profit margin of at least 3% have been maintained. - FY2021RestatedAnnual report
「With the aim of improving TSR, we will build a sustainable growth business portfolio and establish a stable earnings structure, thereby continuously increasing corporate value. We aim to consistently achieve a consolidated ordinary profit margin of at least 3%.」
The targets of improving TSR, building a growth business portfolio, and consistently achieving a consolidated ordinary profit margin of at least 3% have been maintained. - FY2020ReframedAnnual report
「With the aim of improving TSR, we will build a sustainable growth business portfolio and establish a stable earnings structure, thereby increasing corporate value. As a KPI in this process, we aim to consistently achieve an ordinary profit margin of at least 3%.」
The target has changed from a focus on improving ROE to improving TSR and building a sustainable growth business portfolio. The ordinary profit margin target of at least 3% has been maintained as a KPI. - FY2019RaisedAnnual report
「Our primary management indicator is ROE (return on equity), which we aim to improve with an awareness of the cost of capital as we pursue more efficient management. As our near-term numerical target, we aim to achieve a consolidated ordinary profit margin of at least 3%.」
In addition to improving ROE, the company explicitly stated that it considers the cost of capital and revised the ordinary profit margin target to “a consolidated ordinary profit margin of at least 3%.“ - FY2018First statedAnnual report
「Our primary management indicator is ROE (return on equity), which we aim to improve as we pursue more efficient management. As a numerical target, we aim to achieve a 3% ordinary profit margin.」
The company has stated for the first time that it aims to improve ROE and has specified a 3% ordinary profit margin as a numerical target.