Consolidated Net Income Target under the Medium-Term Management Plan “CS2020”
First written in FY2017. . Latest entry: FY2020.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2020Failure to achieve the medium-term net income target in the final yearAnnual report
「The target for net income in the final year of the medium-term management plan, the fiscal year ended March 2020, was ¥2.7 billion, but actual results were a net loss of ¥1,262 million.」
Against the CS2020 final-year net income target of ¥2.7 billion, actual results were a net loss of ¥1,262 million. The company explained that operating profit and ordinary profit exceeded the previous fiscal year's levels, but impairment losses and settlement payments related to operating transactions were the main factors behind the shortfall. - FY2019Failure to achieve the medium-term net income targetAnnual report
「The target for net income in the second year of the medium-term management plan, the fiscal year ended March 2019, was ¥2.4 billion, but actual net income was ¥1,587 million.」
Against the target of ¥2.4 billion in net income attributable to owners of the parent for the fiscal year ended March 2019, actual net income was ¥1,587 million, and the target was not achieved. The company cited weak performance at some subsidiaries and the postponement of delivery of lithium-ion battery-related equipment for China as the main factors. - FY2017First statedAnnual report
「The management indicator targeted under the CS2020 medium-term management plan for the Group is consolidated net income, as follows: fiscal year ending March 2018: ¥2.2 billion; fiscal year ending March 2019: ¥2.4 billion; fiscal year ending March 2020: ¥2.7 billion.」
For the 3 fiscal years from the fiscal year ending March 2018 through the fiscal year ending March 2020, targets for net income attributable to owners of the parent were set at ¥2.2 billion, ¥2.4 billion and ¥2.7 billion, respectively.