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Soda Nikka (8158) · TargetReframedLatest Earnings presentation (2026-08-03): "Restated"

Long-Term Vision “Go forward” and Medium-Term Management Plan “Go forward STAGE 1”

First written in FY2016. 19 of 38 entries say "Restated". Latest entry: 2026-08-03.

38entries
11years
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ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018-Q3AdvancedFY2025-H1 – 2026-05-082016: 320162017: 420172018: 420182019: 420192020: 420202021: 220212022: 420222023: 420232024: 220242025: 220252026: 52026
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Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「Looking toward 2030, we aim to transform our earnings structure into a more balanced one by maintaining a stable earnings base in our core businesses while gradually increasing the weighting of the package business and lifestyle solutions business.」

    The direction of the business-structure transformation under “Go forward STAGE3” was made specific: maintain the core businesses while gradually increasing the weighting of the package and lifestyle solutions businesses.
  2. FY2026-H1AdvancedAnnual report

    「Against this backdrop, in the fiscal year corresponding to the third year of the medium-term management plan “Go forward STAGE3,” the Group promoted initiatives to improve utilization rates at existing invested facilities and strengthen logistics functions, among other measures, in response to changes in the external environment and toward enhancing corporate value.」

    “Go forward STAGE3” entered its third year, and the Group described initiatives to improve utilization rates at existing invested facilities and strengthen logistics functions.
  3. FY2025AdvancedAnnual report

    「Against this backdrop, in the fiscal year corresponding to the second year of the medium-term management plan “Go forward STAGE3,” earnings from the Group’s core chemicals business expanded, contributing to performance, due in part to the benefits of enhanced chemical storage facilities. The Group also continued to promote business investment in package-processing equipment and other assets, as in the previous fiscal year, while pursuing its business activities with the development of business models suited to changes in the times in mind.」

    In the second year of “Go forward STAGE3,” the Group specifically described earnings growth in the chemicals business resulting from enhanced chemical storage facilities and continued investment in package-processing equipment and other assets.
  4. FY2025-H1AdvancedAnnual report

    「Against this backdrop, in the fiscal year corresponding to the second year of the medium-term management plan “Go forward STAGE3,” the Group promoted business investment in package-processing equipment and other assets, as in the previous fiscal year, and pursued its business activities with the development of business models suited to changes in the times in mind.」

    “Go forward STAGE3” entered its second year, and the Group specifically described continued business investment in package-processing equipment and other assets.
  5. FY2024-Q3RestatedAnnual report

    「The Group launched the new four-year medium-term management plan “Go forward STAGE3” in the current fiscal year. Based on the long-term vision, the plan is positioned as the stage for achieving “transformation” to establish a new growth trajectory. Based on this policy, we pursued our business activities with the development of business models suited to changes in the times in mind.」

    The Group continued its business activities under the four-year “Go forward STAGE3,” positioned as a transformation stage, with the development of business models suited to changing conditions in mind.
  6. FY2024-Q2RestatedAnnual report

    「The Group launched the new four-year medium-term management plan “Go forward STAGE3” in the current fiscal year. Based on the long-term vision, the plan is positioned as the stage for achieving “transformation” to establish a new growth trajectory. Based on this policy, we pursued our business activities with the development of business models suited to changes in the times in mind.」

    The Group launched the four-year “Go forward STAGE3” and continued to describe its policy of developing business models suited to changing conditions as part of the “transformation” stage. No new achievement milestone was stated.
  7. FY2024-Q1AdvancedAnnual report

    「Against this backdrop, the Group launched the new four-year medium-term management plan “Go forward STAGE3” in the current fiscal year. Based on the long-term vision, the plan is positioned as the stage for achieving “transformation” to establish a new growth trajectory.」

    The disclosure explicitly stated that “Go forward STAGE3,” previously presented as a four-year plan for fiscal 2023 through fiscal 2026, was launched in the current fiscal year. Its positioning as a “transformation” stage toward a new growth trajectory was reaffirmed.
  8. FY2023ReframedAnnual report

    「The Group has established the long-term vision “Go forward” through fiscal 2030. The four-year period from fiscal 2023 through fiscal 2026 is designated as the new medium-term management plan “Go forward STAGE3,” with “transformation” as its theme for creating a new growth trajectory.」

    The long-term vision was reset to run through fiscal 2030, and the Group redefined its ideal state as a company that contributes to solving the issues faced by customers and society. The medium-term plan also moved from STAGE2 to STAGE3, a four-year “transformation” phase beginning in fiscal 2023.
  9. FY2023-Q3RestatedAnnual report

    「Against this backdrop, in the final year of the medium-term management plan “Go forward STAGE2,” the Group worked to continuously achieve its target management indicators, promote sustainability and governance initiatives, and further enhance corporate value.」

    In the final year of “Go forward STAGE2,” the Group continued to pursue its management indicators, sustainability and governance initiatives, and greater corporate value.
  10. FY2023-Q2RestatedAnnual report

    「Against this backdrop, in the final year of the medium-term management plan “Go forward STAGE2,” the Group worked to continuously achieve its target management indicators, promote sustainability and governance initiatives, and further enhance corporate value.」

    In the final year of the medium-term plan, the Group continued to pursue its management indicators and greater corporate value through sustainability and governance initiatives.
  11. FY2023-Q1RestatedAnnual report

    「Against this backdrop, in the final year of the medium-term management plan “Go forward STAGE2,” the Group worked to continuously achieve its target management indicators, promote sustainability and governance initiatives, and further enhance corporate value.」

    The Group reaffirmed that “Go forward STAGE2” was in its final year and continued to pursue its management indicators and greater corporate value, including through sustainability and governance initiatives. No new numerical target or achievement milestone was stated.
  12. FY2022AdvancedAnnual report

    「We achieved our target management indicators one year ahead of schedule. Although uncertainty remains, including from the situation in Russia and Ukraine, we regard the indicators as the minimum targets to be achieved in the fiscal year ending March 2023, the final year, and will continue to advance each measure and work toward achieving them.」

    The target indicators for the second stage of the medium-term plan were achieved one year ahead of the final year. The Group nevertheless said it would continue its measures toward achieving them as minimum targets for the fiscal year ending March 2023.
  13. FY2022-Q3RestatedAnnual report

    「Against this backdrop, the Group proceeded with various initiatives aimed at an early recovery in performance and transformation of its business model, while taking the utmost care to prevent infection with COVID-19 and anticipating changes in the future social and industrial environment.」

    The Group stated its policy of pursuing an early recovery in performance and transformation of its business model while taking measures to prevent infection.
  14. FY2022-Q2RestatedAnnual report

    「Against this backdrop, the Group proceeded with various initiatives aimed at an early recovery in performance and transformation of its business model, while taking the utmost care to prevent infection with COVID-19 and anticipating changes in the future social and industrial environment.」

    Continuing from the previous quarter, the Group pursued an early recovery in performance and transformation of its business model. No new numerical target or achievement milestone was stated.
  15. FY2022-Q1ReframedAnnual report

    「Against this backdrop, the Group proceeded with various initiatives aimed at an early recovery in performance and transformation of its business model, while taking the utmost care to prevent infections and anticipating changes in the future social and industrial environment.」

    In addition to the previous focus on establishing a growth trajectory, the current quarter explicitly emphasized an early recovery in performance and transformation of the business model. No specific numerical target or individual measure was stated.
  16. FY2021-Q2RestatedAnnual report

    「Against this backdrop, the Group has continued to secure orders and pursue sales expansion while implementing infection-control measures suited to the situation, and has worked to reduce selling, general and administrative expenses, but」

    As part of its operations under the medium-term plan, the Group continued efforts to secure orders, expand sales, and reduce selling, general and administrative expenses. No new numerical target or deadline was stated.
  17. FY2021-Q1AdvancedAnnual report

    「Against this backdrop, in the fiscal year corresponding to the second year of the medium-term management plan “Go forward STAGE2,” the Group worked to thoroughly strengthen its earnings base and build new business chains in the domestic market, while further developing markets in China and the ASEAN region overseas. Although sales declined due to the impact of COVID-19, we worked to reduce selling, general and administrative expenses thoroughly, including through the effective use of IT.」

    “Go forward STAGE2” entered its second year, with continued efforts to strengthen the domestic earnings base, build new business chains, and develop overseas markets. The Group also described reductions in selling, general and administrative expenses amid the impact of COVID-19.
  18. FY2020AdvancedAnnual report

    「The Group has formulated the long-term vision “Go forward,” whose final fiscal year is fiscal 2025, and is working toward its achievement. Under the second-stage medium-term management plan “Go forward STAGE2,” a four-year plan running from the current consolidated fiscal year through the fiscal year ending March 2023, we will develop new business chains and thoroughly strengthen our earnings base in Japan, while further developing markets in China and the ASEAN region overseas. We regard executing proactive investment to achieve sustainable growth and delivering results toward our target management indicators as the immediate issues to be addressed.」

    The final fiscal year of the long-term vision was stated as fiscal 2025, and “Go forward STAGE 2” was launched as a four-year plan running from the current fiscal year through the fiscal year ending March 2023. Measures including new domestic business chains, a stronger earnings base, overseas development, and proactive investment were made more specific.
  19. FY2020-Q3RestatedAnnual report

    「Against this backdrop, the Group launched the new medium-term management plan “Go forward STAGE2” in the current fiscal year, with the objective of establishing a growth trajectory toward a future breakthrough based on the foundation built under the previous plan, “Go forward STAGE1.” To achieve this, we are thoroughly strengthening our earnings base and seeking to build new business chains in the domestic market, while further developing markets in China and the ASEAN region overseas.」

    The launch of “Go forward STAGE2,” the growth trajectory based on the previous plan’s foundation, stronger domestic earnings and new business chains, and overseas market development continued to be described.
  20. FY2020-Q2RestatedAnnual report

    「Against this backdrop, the Group launched the new medium-term management plan “Go forward STAGE 2” in the current fiscal year, with the objective of establishing a growth trajectory toward a future breakthrough based on the foundation built under the previous plan, “Go forward STAGE 1.” To achieve this, we are thoroughly strengthening our earnings base and seeking to build new business chains in the domestic market, while further developing markets in China and the ASEAN region overseas. We have focused on these business activities since the current cumulative consolidated period.」

    The disclosure continued from the previous quarter to describe the launch of “Go forward STAGE 2,” a growth trajectory based on the previous plan’s foundation, stronger domestic earnings and new business chains, and overseas market development. No new achievement milestone was stated.
  21. FY2020-Q1AdvancedAnnual report

    「Against this backdrop, the Group launched the new medium-term management plan “Go forward STAGE 2” in the current consolidated fiscal year, with the objective of establishing a growth trajectory toward a future breakthrough based on the foundation built under the previous medium-term management plan “Go forward STAGE 1.”」

    The Group moved from “Go forward STAGE 1” to the new medium-term management plan “Go forward STAGE 2,” which was launched in the current consolidated fiscal year. It entered a phase aimed at achieving future growth based on the foundation established under STAGE 1.
  22. FY2019AdvancedAnnual report

    「The Group is working toward its long-term vision “Go foward,” whose final fiscal year is the fiscal year ending March 2026, with the aim of transforming from a specialty chemical trading company into an aggressive, comprehensive trading company for chemicals and functional products. Under the first-stage medium-term management plan “Go foward STAGE1,” whose final fiscal year was the fiscal year ended March 2019, the Group did not reach its targets, but recognizes that the foundation for achieving a breakthrough in the next stage has been completed by advancing the three reforms of “mindset,” “actions,” and “management.”」

    “Go foward STAGE1” ended without reaching its targets, while the Group stated that the three reforms had established the foundation for the next stage. The next plan, “Go foward STAGE2,” was being formulated in light of the impact of the revenue recognition standard and other factors.
  23. FY2019-Q3RestatedAnnual report

    「Against this backdrop, in the fiscal year corresponding to the final year of the medium-term management plan “Go forward STAGE 1,” the Group continued consultative sales tailored to the needs of each business domain and industry, while continuing efforts, as before, to expand overseas transactions in China and the ASEAN region and strengthen its film packaging materials and environmental businesses.」

    In the final year of “Go forward STAGE 1,” the Group continued consultative sales, overseas transaction expansion in China and the ASEAN region, and efforts to strengthen the film packaging materials and environmental businesses. No new numerical target or completion milestone was presented.
  24. FY2019-Q2RestatedAnnual report

    「Against this backdrop, in the fiscal year corresponding to the final year of the medium-term management plan “Go forward STAGE 1,” the Group continued to accelerate consultative sales tailored to the needs of each business domain and industry, while continuing efforts, as before, to expand overseas transactions in China and the ASEAN region and strengthen its film packaging materials and environmental businesses.」

    In the final year of the medium-term plan, the Group continued its consultative sales, overseas transactions in China and the ASEAN region, and initiatives to strengthen the film packaging materials and environmental businesses.
  25. FY2019-Q1AdvancedAnnual report

    「Against this backdrop, in the fiscal year corresponding to the final year of the medium-term management plan “Go forward STAGE 1,” the Group continued to accelerate consultative sales tailored to the needs of each business domain and industry, while continuing efforts, as before, to expand overseas transactions in China and the ASEAN region and strengthen its film packaging materials and environmental businesses.」

    “Go forward STAGE 1” progressed from its second year to its final year. The disclosure continued to cover consultative sales, overseas transactions, film packaging materials, and the environmental business.
  26. FY2018SoftenedAnnual report

    「The Group will enter the final fiscal year of the medium-term management plan “Go foward STAGE1” in the next consolidated fiscal year. We had targeted consolidated net sales of ¥130 billion, operating profit of ¥2.08 billion, and an operating margin of at least 1.6% as our management targets, but achieving them has become difficult at this point. Nevertheless, the foundation for achieving our long-term vision is steadily taking shape, and we will push ahead toward our targets by further advancing the three reforms of “mindset,” “actions,” and “management.”」

    With the final fiscal year of the medium-term plan approaching, the Group explicitly stated that achieving targets including ¥130 billion in net sales would be difficult at that point. It also said that the foundation for the long-term vision and the three reforms would continue to be advanced.
  27. FY2018-Q3RestatedAnnual report

    「Against this backdrop, the Group has been in the second year of the medium-term management plan “Go forward STAGE 1,” accelerating consultative sales tailored to the needs of each business domain and industry, while continuing efforts to expand overseas transactions in China and the ASEAN region and strengthen our environmental business.」

    The second-year disclosure continued to cite consultative sales, the expansion of overseas transactions, and the strengthening of the environmental business. No specific achievement milestone was stated.
  28. FY2018-Q2RestatedAnnual report

    「Against this backdrop, the Group has been in the second year of the medium-term management plan “Go forward STAGE 1,” accelerating consultative sales tailored to the needs of each business domain and industry, while continuing efforts to expand overseas transactions in China and the ASEAN region and strengthen our environmental business.」

    The disclosure continued to describe the acceleration of consultative sales, the expansion of overseas transactions, and the strengthening of the environmental business in the second year of the plan.
  29. FY2018-Q1RestatedAnnual report

    「Against this backdrop, the Group has been in the second year of the medium-term management plan “Go forward STAGE 1,” accelerating consultative sales tailored to the needs of each business domain and industry, while continuing efforts to expand overseas transactions in China and the ASEAN region and strengthen our environmental business.」

    In the second year of the medium-term plan, the Group continued to pursue consultative sales, expand overseas transactions, and strengthen its environmental business. Although the move into the second year and the acceleration of efforts were noted, no identifiable achievement milestone was provided.
  30. FY2017RestatedAnnual report

    「Since the current consolidated fiscal year, we have been implementing the medium-term management plan “Go foward STAGE1.” We divided the domestic market into five business domains and promoted consultative sales tailored to the needs of each domain and industry with expected growth, while continuing efforts to expand overseas transactions in China and the ASEAN region and strengthen our environmental business.」

    The annual report also reiterated the launch of the medium-term plan, consultative sales across five domestic domains, the expansion of overseas transactions, and the strengthening of the environmental business.
  31. FY2017-Q3RestatedAnnual report

    「The Group has been implementing the medium-term management plan “Go forward STAGE 1” since the current consolidated fiscal year. We divided the domestic market into five business domains and promoted consultative sales tailored to the needs of each domain and industry with expected growth, while continuing efforts to expand overseas transactions in China and the ASEAN region and strengthen our environmental business.」

    The disclosure continued to cover the launch of “Go forward STAGE 1,” consultative sales across five domestic domains, the expansion of overseas transactions in China and the ASEAN region, and the strengthening of the environmental business.
  32. FY2017-Q2RestatedAnnual report

    「Against this backdrop, the Group launched the medium-term management plan “Go forward STAGE 1” in the current consolidated fiscal year. We divided the domestic market into five business domains and promoted consultative sales tailored to the needs of each domain and industry with expected growth, while continuing efforts to expand overseas transactions in China and the ASEAN region and strengthen our environmental business.」

    The launch of “Go forward STAGE 1” and measures such as consultative sales across five domestic business domains continued to be described.
  33. FY2017-Q1AdvancedAnnual report

    「The Group launched the medium-term management plan “Go forward STAGE 1” in the current consolidated fiscal year. We divided the domestic market into five business domains and promoted consultative sales tailored to the needs of each domain and industry with expected growth, while continuing efforts to expand overseas transactions in China and the ASEAN region and strengthen our environmental business.」

    “Go forward STAGE 1” was launched in the current consolidated fiscal year, and specific measures under the plan, including consultative sales across five domestic domains, began.
  34. FY2016First statedAnnual report

    「We formulated the long-term vision “Go forward,” which sets out the future we aim to achieve in 10 years. As the first step, we will launch the medium-term management plan “Go forward STAGE 1” for fiscal 2016–2018.」

    This was the first time the 10-year vision and the medium-term plan for fiscal 2016–2018 were presented together.
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  1. ★This thread
  2. 1Pressure on Operating Cash Flow from an Increase in Trade Receivables10×
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  5. 4Liquidity Risk of Being Unable to Make Payments When Due4×
  6. 5Risk of Declining Share Prices of Securities Held and Deterioration at Investee Companies3×
  7. 6Improving revenue and operating profit margins while maintaining the payout ratio at a certain level3×

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Soda Nikka's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Earnings presentation of 2026-08-03: "Restated".
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