Early achievement of 5% ROE and a future target of 8%
First written in FY2019. 3 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The company aims to generate net income of at least ¥10 billion in the fiscal year ending February 2027. Regarding capital efficiency, it will implement a financial strategy focused on capital efficiency, including the use of financial leverage, and is targeting ROE of at least 10% and ROIC of at least 7% for the fiscal year ending February 2027, levels substantially above the cost of shareholders' equity and the weighted average cost of capital (WACC), respectively.」
The company reconfirmed its targets for the fiscal year ending February 2027 of net income of at least ¥10 billion, ROE of at least 10% and ROIC of at least 7%, as well as the use of financial leverage to achieve them. Net income attributable to owners of the parent was ¥10.094 billion in FY2026, but the target year is the following fiscal year. - 2026-04-09Cited as achievedInvestor presentation
「As a result, net income for the fiscal year came in at ¥10.1 billion, up 18.5%, achieving one year ahead of schedule the medium-term management plan target of net income of ¥10 billion in fiscal 2026.」
The company states that it achieved its ¥10 billion net income target one year ahead of schedule. It also reports that the target of ROE of at least 10% was achieved, while ROIC was 5.9%. - FY2024RaisedAnnual report
「To achieve management that is conscious of the cost of capital and share price, the company aims to generate net income of at least ¥10 billion in the fiscal year ending February 2027 by pursuing a growth strategy that includes proactive growth investment. Regarding capital efficiency, the company will implement a financial strategy focused on capital efficiency, including the use of financial leverage, and is targeting ROE of at least 10% and ROIC of at least 7% for the fiscal year ending February 2027, levels substantially above the cost of shareholders' equity and the weighted average cost of capital (WACC), respectively.」
The previous goal of achieving ROE of 8% at an early stage and more than 10% in the future has been specified as a set of time-bound targets for the fiscal year ending February 2027: net income of at least ¥10 billion, ROE of at least 10% and ROIC of at least 7%. - FY2022RestatedAnnual report
「Over the medium to long term, the company aims to further improve sales and each profit-margin metric, increase the efficiency of capital investment, achieve ROE of 8% at an early stage, and ultimately target an ROE level of 10% or higher.」
The company reconfirmed the target levels raised in the previous fiscal year: achieving ROE of 8% at an early stage and ROE of 10% or higher in the future. - FY2021RaisedAnnual report
「Over the medium to long term, the company aims to further improve sales and each profit-margin metric, increase the efficiency of capital investment, achieve ROE of 8% at an early stage, and ultimately target an ROE level of 10% or higher.」
The target levels have been raised from the previous goals of achieving ROE of 5% at an early stage and 8% in the future to achieving ROE of 8% at an early stage and 10% or higher in the future. - FY2020RestatedAnnual report
「Over the medium to long term, the Group aims to further improve net sales and various profit-margin indicators, increase the efficiency of investment in shareholders’ equity, achieve ROE of 5% at an early stage and ultimately target ROE of 8%.」
The company reconfirmed its management KPI targets of achieving ROE of 5% at an early stage and an ROE level of 8% over the longer term for the full fiscal year. - FY2019First statedAnnual report
「Over the medium to long term, the Group aims to further improve net sales and various profit-margin indicators, increase the efficiency of investment in shareholders’ equity, achieve ROE of 5% at an early stage and ultimately target ROE of 8%.」
The Group first disclosed targets of achieving ROE of 5% at an early stage and ultimately reaching 8%, alongside higher revenue and more efficient management.