ROE-based capital efficiency targets
First written in FY2020. 1 of 5 entries say "Reframed", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2019: 13 of 100 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「For the fiscal year ending March 2026, the consolidated operating profit target is ¥2.4 billion and the consolidated ROE target is 8%. Actual consolidated operating profit was ¥3,426 million and actual consolidated ROE was 10.9%.」
Actual consolidated ROE was 10.9% for FY2026, exceeding the initial target of 8%. The ROE target for the fiscal year ending March 2027 is 8%. - FY2024SoftenedAnnual report
「Following revisions to prior-year financial results and other figures, and a review based on the improvement measures submitted to the Tokyo Stock Exchange, the targets for each management indicator for the fiscal year ending March 2027, the final year of the medium-term management plan, have been revised to ① consolidated revenue of ¥73 billion, ② consolidated operating profit of ¥2.5 billion, ③ consolidated net profit attributable to owners of the parent of ¥1.7 billion, ④ ROE of 8.0%, and ⑤ a dividend-on-equity ratio (DOE) of at least 4.0%.」
The ROE target was revised from 10.0% to 8.0%, with the target year set as the fiscal year ending March 2027 in line with the plan. - FY2023ReframedAnnual report
「The targets for the fiscal year ending March 2027, the final year of the medium-term management plan, are: ① consolidated revenue of ¥100 billion, ② consolidated operating profit of ¥4.8 billion, ③ consolidated net income attributable to owners of the parent of ¥3.5 billion, ④ ROE of 10.0%, and ⑤ a dividend-on-equity ratio (DOE) of at least 4.0%.」
The target year for ROE of 10.0% was revised from fiscal 2026 to the fiscal year ending March 2027 in line with the new medium-term management plan. - FY2022Disclosure of results for the target fiscal yearAnnual report
「ROE of at least 9.0% in fiscal 2022, the final year of the medium-term management plan. ROE of 10.0% by fiscal 2026.」
Against the medium-term management plan's ROE target of at least 9.0% for its final year, the company disclosed ROE of 4.5% for the fiscal year ended March 2022 among its key management indicators. - FY2020First statedAnnual report
「ROE of at least 9.0% in fiscal 2022, the final year of the medium-term management plan. ROE of 10.0% by fiscal 2026.」
The company has set ROE of at least 9.0% for the final year of the medium-term management plan and ROE of 10.0% by fiscal 2026 as capital policy targets.