Performance Targets under the New Medium-Term Management Plan SG-2023
First written in FY2021. 5 of 10 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2025-H1ReframedAnnual report
「Against this backdrop, the Group launched the new medium-term management plan “MF-2026 Move Forward 2026”.」
Following the final year of SG－2023, the company launched the new medium-term management plan MF－2026, marking a transition to a new planning framework. - FY2024Targets missed in the final yearAnnual report
「Net sales and profit at each stage fell short of plan.」
In its final year, SG－2023 fell short of plan for net sales and profit at each stage, leaving improvements in profitability and inventory turnover and the establishment of stable earnings as outstanding challenges. - FY2024-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter period to the management policies, management strategies or other matters established by our group.」
The company explained that there had been no material change during the nine months ended 31 December in its previous management policies and strategies, including SG－2023. - FY2024-Q2RestatedAnnual report
「There were no material changes during the cumulative second-quarter period to the management policies, management strategies or other matters established by our group.」
The company explained that there had been no material change during the six months ended 30 September in its previous management policies and strategies, including SG－2023. - FY2024-Q1RestatedAnnual report
「There were no material changes during the cumulative first-quarter period to the management policies, management strategies or other matters established by our group.」
The company explained that there had been no material change during the three months ended 30 June in its previous management policies and strategies, including SG－2023. - FY2023Disclosure of the gap between second-year results and final targetsAnnual report
「The second year of “ＳＧ－２０２３” was a year in which the seafood wholesaling business faced headwinds, including lower seafood imports, higher logistics costs caused by soaring resource prices, and higher material prices, amid the lingering effects of COVID-19, an unstable international situation represented by the unforeseen Russia-Ukraine situation, and the trend toward a weaker yen.」
While the final targets for SG－2023 (the fiscal year ending March 2024) have been maintained, the company disclosed second-year results of net sales of ¥57,981 million, operating profit of ¥183 million, ordinary profit of ¥225 million, profit attributable to owners of the parent of ¥223 million, and an equity ratio of 36.6%. - FY2023-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter period to the management policies, management strategies or other matters established by our group.」
The company explained that there had been no material change during the nine months ended 31 December in its previous management policies and strategies, including SG－2023. - FY2022Some targets missed in the first year of the medium-term planAnnual report
「The forecast for the fiscal year ending March 2022 was prepared on 14 May 2021. Against net sales of ¥58,000 million, operating profit of ¥300 million, ordinary profit of ¥300 million, profit attributable to owners of the parent of ¥250 million, and an equity ratio of 37.0%, actual results for the fiscal year ending March 2022 were net sales of ¥55,018 million, operating profit of ¥141 million, ordinary profit of ¥173 million, profit attributable to owners of the parent of ¥264 million, and an equity ratio of 36.8%.」
For the first year of SG－2023, the company disclosed that net sales, operating profit, ordinary profit, and the equity ratio fell short of forecast, while profit attributable to owners of the parent exceeded forecast. - FY2022-Q1RestatedAnnual report
「As part of the medium-term management plan "ＳＧ－２０２３" announced at the beginning of the period and for the purpose of improving operating efficiency, the company merged 株式会社東市ロジスティクス and 豊海東市冷蔵株式会社, with 株式会社東市ロジスティクス as the surviving company.」
The company explained that it continued to position SG－2023 as the framework for operating the business and, as part of the plan, merged its logistics subsidiaries. - FY2021First statedAnnual report
「The Group formulated the new medium-term management plan “ＳＧ－２０２３” (Sustainable Growth 2023), covering fiscal 2021 (the fiscal year ending March 2022) through fiscal 2023 (the fiscal year ending March 2024), and determined the measures and final target figures for achieving sustainable growth through fiscal 2023 (the fiscal year ending March 2024). “Net sales: approximately ¥62,000 million; operating profit: approximately ¥400 million; ordinary profit: approximately ¥400 million; profit attributable to owners of the parent: approximately ¥350 million; equity ratio: approximately 40.0%”」
For the period from fiscal 2021 through fiscal 2023, the company newly set final targets for net sales, operating profit, ordinary profit, profit attributable to owners of the parent, and the equity ratio.