Achieving a 3.0% operating margin
First written in FY2019. 14 of 28 entries say "Restated". Latest entry: 2026-10-08.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
- FY2026Operating margin improved from 2.9% to 3.1% but remained below the 5.0% targetAnnual report
「The Group considers the operating margin to be an important management indicator. The operating margin for the fiscal year was 3.1%, below the medium-term target of 5.0%.」
The operating margin improved from 2.9% in the previous fiscal year to 3.1%, but remained below the 5.0% medium-term target. The company has set out further improvement through EDLP and EDLC, store development, DX, human resource development and other measures. - FY2026-H1The interim operating margin improved from approximately 3.2% to approximately 3.8%, but the 5.0% target was not achieved.Annual report
「Operating revenue for the interim consolidated period was ¥74,770 million (108.1% year on year), and operating profit was ¥2,807 million (125.1% year on year).」
Operating revenue of ¥74,770 million and operating profit of ¥2,807 million resulted in an interim operating margin of approximately 3.8%, an improvement from approximately 3.2% in the same period of the previous year. There is no statement indicating achievement of the 5.0% medium-term target. - FY2025The operating margin improved from 2.4% to 2.9% but remained below the 5.0% target.Annual report
「The operating margin for the fiscal year was 2.9%, below the medium-term target of 5.0%.」
The 5.0% medium-term operating margin target has been maintained. The actual result improved from 2.4% in the previous fiscal year to 2.9%, but remained below the target level. - FY2025-H1The interim operating margin was approximately 3.2%, an improvement from the same period of the previous year.Annual report
「As a result, operating revenue for the interim consolidated period, comprising sales, rental income from real estate and other operating revenue, was ¥69,183 million (105.6% year on year)… Operating profit was ¥2,243 million (118.1% year on year)… We will continue to focus on expanding earnings and maintaining low-cost operations, and work to improve business performance.」
Operating revenue of ¥69,183 million and operating profit of ¥2,243 million resulted in an interim operating margin of approximately 3.2%, an improvement from the same period of the previous year. There is no statement indicating achievement of the 5.0% medium-term target. - FY2025-Q1The quarterly operating margin was approximately 2.6%, an improvement from the same period of the previous year.Annual report
「Operating revenue for the cumulative first quarter was ¥32,199 million (104.0% year on year), exceeding the previous year. As a result, operating profit was ¥844 million (116.6% year on year).」
Operating profit was ¥844 million against operating revenue of ¥32,199 million, resulting in a quarterly operating margin of approximately 2.6%. There is no statement indicating achievement of the 5.0% medium-term target. - FY2024The operating margin declined from 3.8% to 2.4%, falling below the 5.0% target.Annual report
「The Group considers the operating margin to be an important management indicator. The operating margin for the fiscal year was 2.4%, below the medium-term target of 5.0%.」
The 5.0% medium-term target has been maintained, but the operating margin declined from 3.8% in the previous fiscal year to 2.4%. The new five-year plan incorporates an operating margin target of 5.0% for the fiscal year ending February 2029. - FY2024-Q3RestatedAnnual report
「We will continue to focus on expanding earnings and maintaining low-cost operations, and work to improve business performance.」
The policy of improving business performance through earnings growth and low-cost operations remains in place. There is no statement concerning the 5.0% medium-term target itself. - FY2024-Q2RestatedAnnual report
「We will continue to focus on expanding earnings and maintaining low-cost operations, and work to improve business performance.」
The policy of improving business performance through earnings growth and low-cost operations remains in place. There is no statement concerning the 5.0% medium-term target itself. - FY2024-Q1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative first quarter of the current consolidated fiscal year.」
The company states that there have been no material changes to its management policies, management strategies or other matters, including the operating margin target. - FY2023Actual result of 3.8%, below the medium-term target of 5.0%.Annual report
「The Group considers the operating margin to be an important management indicator. The operating margin for the fiscal year was 3.8%, below the medium-term target of 5.0%. To further improve the operating margin, we will work to expand operating profit through measures including thorough implementation of “Everyday Low Price (EDLP) and Everyday Low Cost (EDLC),” developing stores supported by customers, responding to market changes, and contributing to the creation of a sustainable society.」
The operating margin was 3.8% for the year, against the medium-term target of 5.0%. The company has set out further improvement through EDLP and EDLC, store development, DX and other measures. - FY2023-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative third quarter of the current consolidated fiscal year.」
The company states that there have been no material changes to its management policies, management strategies or other matters, including the operating margin target. - FY2023-Q1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative first quarter of the current consolidated fiscal year.」
The company states that there have been no material changes to its management policies, management strategies or other matters, including the operating margin target. - FY2022RaisedAnnual report
「The operating margin for the fiscal year was 3.7%, below the medium-term target of 5.0%. To further improve the operating margin, we will work to expand operating profit through measures including thorough low-cost operations to achieve “Everyday Low Price (EDLP),” providing value through our products, developing multiple formats, and contributing to the creation of a sustainable society.」
The target level was raised from the previous near-term target of 3.0% to a medium-term target of 5.0%. The result for the year was 3.7%, exceeding the previous target but falling short of the new target. - FY2022-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative third quarter of the current consolidated fiscal year.」
The company states that there have been no material changes to its management policies, management strategies or other matters, including the 3.0% operating margin target. - FY2022-Q2RestatedAnnual report
「Profitability has improved compared with before the spread of infectious diseases, and we will continue working to increase sales, maintain thorough low-cost operations, and improve the operating margin.」
The company has stated its policy of continuing to pursue an improvement in the operating margin through higher sales and thorough low-cost operations. It does not explicitly state whether the 3.0% target has been achieved or changed. - FY2022-Q1RestatedAnnual report
「Although the surge in demand is beginning to subside, margins are improving, and we will continue working to improve the operating margin on sales as we expand the business.」
The policy of continuing to pursue an improvement in the operating margin has been reaffirmed. This filing does not explicitly state whether the 3.0% target has been achieved or changed. - FY2021-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative third quarter of the current consolidated fiscal year.」
It is stated that there have been no material changes in the management policies, management strategies, or other matters, including the 3.0% operating margin target. - FY2021-Q2RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative second quarter of the current consolidated fiscal year.」
It is stated that there have been no material changes in the management policies, management strategies, or other matters, including the 3.0% operating margin target. - FY2021-Q1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative first quarter of the current consolidated fiscal year.」
It is stated that there have been no material changes in the management policies, management strategies, or other matters, including the 3.0% operating margin target. - FY2020Operating margin declined to 2.0%, below the 3.0% targetAnnual report
「Against the near-term target of 3.0%, the operating margin on operating revenue for the consolidated fiscal year was 2.0%. To further improve the operating margin, we will seek to increase operating profit through measures including low-cost operations, the use of IT technology, product development, and the creation of new store-opening opportunities.」
The operating margin declined from 2.2% in the previous fiscal year to 2.0%, remaining below the near-term target of 3.0%. - FY2020-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative third quarter of the current consolidated fiscal year.」
It is stated that there have been no material changes in the management policies, management strategies, or other matters, including the 3.0% operating margin target. - FY2020-Q2RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative second quarter of the current consolidated fiscal year.」
It is stated that there have been no material changes in the management policies, management strategies, or other matters, including the 3.0% operating margin target. - FY2020-Q1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative first quarter of the current consolidated fiscal year.」
It is stated that there have been no material changes in the management policies, management strategies, or other matters, including the 3.0% operating margin target. - FY2019First statedAnnual report
「Against the near-term target of 3.0%, the operating margin on operating revenue for the consolidated fiscal year was 2.2%. To further improve the operating margin, we will seek to increase operating profit through measures including product reform, operational reform, development of new business formats, and the use of ICT.」
A near-term target of 3.0% for the operating margin on operating revenue was disclosed for the first time, with the current fiscal year's result explained as 2.2%. The measures listed to achieve the target are product reform, operational reform, development of new business formats, and the use of ICT.