ROA target: 2.65% (fiscal year ending March 2020)
First written in FY2018. 2 of 6 entries say "Worsened", first in FY2019. Latest entry: FY2023.
T.Kawabe & moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2018: 4 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual report
「The group withdrew fiscal 2022, the final year of Medium-Term Management Plan 2020.」
Because the plan for the final year of the previous Medium-Term Management Plan 2020 was withdrawn, the ROA target of 2.65% for the fiscal year ending March 2020 was not listed as an ongoing target. - FY2022AdvancedAnnual report
「ROA for the consolidated fiscal year was negative 2.98% (negative 3.46% in the previous fiscal year), while ROE was negative 6.02% (negative 6.79% in the previous fiscal year).」
Against the targets for the fiscal year ending March 2023 under New Medium-Term Management Plan 2020, both ROA and ROE remained negative but improved from the previous fiscal year. - FY2021WorsenedAnnual report
「In the first year, the current consolidated fiscal year, ROA was -3.46% (ROA of -0.1% in the previous fiscal year) and ROE was -6.79% (ROE of -0.19% in the previous fiscal year).」
Against the ROA and ROE targets of 2.61% and 4.60%, respectively, for the fiscal year ending March 2023, both metrics were negative in the first year. - FY2020ReframedAnnual report
「Targets for the final year of the above plan (fiscal year ending March 2023): ① Return on assets (ROA) (consolidated): 2.61% ② Return on equity (ROE) (consolidated): 4.60%」
After presenting the ROA and ROE targets of 2.65% and 5.27%, respectively, under the previous plan, together with the results for its final year, New Medium-Term Management Plan 2020 changed the targets to ROA of 2.61% and ROE of 4.60% for the fiscal year ending March 2023. - FY2019WorsenedAnnual report
「Targets for the final year of the above plan (fiscal year ending March 2020): ① Return on assets (ROA) (consolidated): 2.65% ② Return on equity (ROE) (consolidated): 5.27% ROA for the fiscal year was 1.89% (2.13% in the previous fiscal year), while ROE was 3.62% (4.38% in the previous fiscal year), indicating that progress was behind schedule.」
Against the ROA target of 2.65% for the fiscal year ending March 2020, ROA for the fiscal year was 1.89%, down from 2.13% in the previous fiscal year, and progress was reported to be behind schedule. - FY2018First statedAnnual report
「Target for the final year of the above plan (fiscal year ending March 2020): ① Return on assets (ROA) (consolidated): 2.65%」
For the fiscal year ending March 2020, the final year of New Medium-Term Management Plan 2017, the company stated for the first time a consolidated ROA target of 2.65%.