Growth, Value Creation and Enhanced Corporate Quality under the Medium-Term Management Plan “FACE2021”
First written in FY2021. 2 of 5 entries say "Reframed", first in FY2023-Q2. Latest entry: FY2024-Q3.
Daiichi Jitsugyo moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
41 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Since last fiscal year, we have been advancing our business under a new management philosophy, the growth strategy “V2030” and the Medium-Term Management Plan “MT2024,” with the aim of fulfilling our social mission, establishing our presence as a “next-generation engineering trading company,” achieving our qualitative and quantitative targets, and enhancing corporate value. We are also working to further strengthen our technical and service capabilities, build new business models through DX, enhance our human capital and other resources, and maintain our focus on sustainability management.」
The Company continues to pursue growth, value creation and enhanced corporate value under V2030 and MT2024 following FACE2021. - FY2023ReframedAnnual report
「The FACE2021 medium-term management plan progressed under challenging conditions, including the spread of COVID-19 and associated restrictions on activity, semiconductor shortages, soaring raw material prices and reduced automobile production. Although the Company fell short of the quantitative targets for the final year, net income attributable to owners of the parent reached a record high. The Company also worked to strengthen its management foundation for sustainable growth and was able to establish the foundation for becoming a "next-generation engineering trading company."」
FACE2021 explicitly stated that its quantitative targets for the final year had not been achieved, while citing record-high net income attributable to owners of the parent and a stronger management foundation as accomplishments, before transitioning to V2030 and MT2024. - FY2023-Q3RestatedAnnual report
「Beginning this fiscal year, the Company has adopted a new management philosophy, the V2030 growth strategy and the MT2024 medium-term management plan, and is advancing its business toward fulfilling its social mission, establishing its presence as a "next-generation engineering trading company," achieving its qualitative and quantitative targets, and enhancing corporate value.」
Based on the new management philosophy, the V2030 growth strategy and the MT2024 medium-term management plan, the Company continues to pursue its social mission, establish its presence as a next-generation engineering trading company, achieve its targets and enhance corporate value. - FY2023-Q2ReframedAnnual report
「Beginning this fiscal year, the Company has adopted a new management philosophy, the V2030 growth strategy and the MT2024 medium-term management plan, and is advancing its business toward fulfilling its social mission, establishing its presence as a "next-generation engineering trading company," achieving its qualitative and quantitative targets, and enhancing corporate value.」
The Company has transitioned from the previous FACE2021 medium-term management plan to a management framework that includes the new MT2024 medium-term management plan. - FY2021First statedAnnual report
「Under the 3-year Medium-Term Management Plan “FACE 2021,” covering April 2019 to March 2022, the Group has adopted the vision of “Promoting further growth while facing difficulties, creating new value and improving the ‘quality’ of the Company.” We will further strengthen profitability by evolving our business-segment-based structure to suit current trends, including the integration of sales and technical services and the creation of new value through collaboration across businesses.」
It was first described as a new medium-term management plan covering the 3 years from April 2019 to March 2022, with targets for the fiscal year ending March 2022 of ¥185.0 billion in net sales, ¥8.3 billion in operating income, ¥8.5 billion in ordinary income, ¥5.7 billion in net income and an ROE of at least 10.0%.