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Seika (8061) · TargetAchieved

Medium-Term Management Plan Re-SEIKA 2023: Consolidated Operating Income, Net Income and ROE Targets

First written in FY2020. 2 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2023.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020AdvancedFY2021 – FY20232020: 120202021: 120212022: 120222023: 12023
Same theme, other companies
Operating Profit and ROE Targets in Medium-Term Management PlansA theme 51 companies write about · 2 as a headwind · 52 as a tailwind

The whole theme swung hardest in 2021: 5 of 21 companies on the "Worse" side.

7 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 51 companies compared. The sentences above are computed from all 51.
Full recordFilings, disclosures and news, newest first
  1. FY2023AchievedAnnual report

    「For the fiscal year ended March 2023, consolidated operating profit was ¥4.636 billion and consolidated net profit was ¥5.001 billion, achieving both targets.」

    The final-year Re-SEIKA 2023 targets of ¥3.7 billion in operating profit and ¥2.5 billion in net profit attributable to owners of the parent were both achieved, with operating profit of ¥4.636 billion and net profit of ¥5.001 billion.
  2. FY2022AdvancedAnnual report

    「In the second year of the medium-term management plan, the fiscal year ended March 2022, consolidated operating profit was ¥3.824 billion and consolidated net profit was ¥2.246 billion. The Company believes that the numerical targets for the final year are achievable, and will focus on the medium-term management plan across the Group and work toward achieving the targets.」

    In the second year of Re-SEIKA 2023, operating profit was ¥3.824 billion, exceeding the ¥3.7 billion target, while net profit was ¥2.246 billion, below the final target of ¥2.5 billion.
  3. FY2021AdvancedAnnual report

    「In the first year of the medium-term management plan, the fiscal year ending March 2021, consolidated operating profit was ¥258.1 million and consolidated net income was ¥272.1 million. The group is focusing on the medium-term management plan and working toward achieving its numerical targets for the final year.」

    For the first year of Re-SEIKA 2023, the Company disclosed actual operating profit of ¥2.581 billion and net profit of ¥2.721 billion, while continuing to target operating profit of ¥3.7 billion and net profit of ¥2.5 billion for the fiscal year ending March 2023.
  4. FY2020First statedAnnual report

    「Fiscal year ending March 2023 Operating profit ¥3.7 billion Net income attributable to owners of the parent ¥2.5 billion」

    The company set targets of consolidated operating profit of ¥3.7 billion and net income attributable to owners of the parent of ¥2.5 billion for the fiscal year ending March 2023. It stated that ROE would be at least 8% upon achieving net income of ¥2.5 billion. The impact of the COVID-19 pandemic was not factored into the targets.
Moved together

"Development of Global Talent and Business Planning Talent" moved the same way as this thread, in the same document, in 3 of its 4 moves.

333333★123456
  1. ★This thread
  2. 1Development of Global Talent and Business Planning Talent3×
  3. 2Strengthening Corporate Governance3×
  4. 3Diversification of Earnings and Expansion into Growth Areas3×
  5. 4Collaboration Among Group Companies and Enhanced Profitability3×
  6. 5Issuance of Stock Options as Equity Compensation3×
  7. 6Improving Liquidity and the Financial Position through Working Capital Management3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Seika yet.
News
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Medium-Term Management Plan Re-SEIKA 2023: Consolidated Operating Income, Net Income and ROE Targets | SEIKA CORPORATION (8061) | Komori