Improving Segment Profitability and Consolidated ROE
First written in FY2017. 6 of 21 entries say "Raised", first in FY2024-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2021: 8 of 22 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2026Decline in fiscal 2025 results and presentation of the fiscal 2026 forecastAnnual report
「Consolidated total FY2025 actual FY2026 forecast Operating income ¥32.4 billion ¥32.5 billion ROE 9.8% 7.4% ROIC 5.5% 5.6%」
Operating income was ¥32.4 billion, ROE was 9.8%, and ROIC was 5.5% in FY2025. For FY2026, operating income of ¥32.5 billion, ROE of 7.4%, and ROIC of 5.6% are forecast. - FY2026-H1Decline in interim operating incomeAnnual report
「Operating income 14,998 11,855 △20.96%」
Operating income declined from ¥14,998 million in the same period of the previous year to ¥11,855 million, a 20.96% year-on-year decrease. - FY2025RaisedAnnual report
「By 2030, we aim to have 10 million active customers across the Group, operating income of ¥35 billion–¥40 billion, and ROE of at least 8%.」
Long-Term Business Vision 2030 Ver. 2 set new long-term targets of 10 million active customers, operating income of ¥35 billion–¥40 billion, and ROE of at least 8%. In addition, operating income for FY2024 was ¥34.8 billion, achieving the medium-term management plan's ¥32 billion operating-income target two years ahead of schedule. - FY2025-H1AdvancedAnnual report
「Consolidated operating results for the current interim period increased substantially in both revenue and earnings, driven by the department-store business, which benefited from firm domestic revenue and strong inbound revenue. …Operating income 9,897 15,007 +51.6%」
Operating income for the current interim period was ¥15,007 million, up 51.6% from ¥9,897 million in the same period of the previous year. An improvement in realized profitability indicators was reported. - FY2024-Q3RaisedAnnual report
「Revenue progressed steadily against plan, led mainly by the department-store business, with domestic revenue remaining firm and inbound revenue reaching a record high. As a result of efforts to control selling, general and administrative expenses through productivity-enhancement measures and workforce optimization, consolidated results for the cumulative third quarter exceeded plan. Accordingly, the FY2023 operating-income forecast has been changed from ¥22 billion to ¥24.5 billion.」
Following progress exceeding plan, the FY2023 operating-income forecast was raised from ¥22 billion to ¥24.5 billion. Progress in domestic and inbound revenue, productivity improvements, workforce optimization, and cost control were cited as the reasons for the change. - FY2024-Q2RaisedAnnual report
「Although revenue was generally in line with forecasts, supported mainly by steady performance in the department-store and food businesses, efforts to control expenses through advertising-cost restraint in the department-store business and workforce optimization in the food business resulted in consolidated results for the cumulative second quarter exceeding plan. Accordingly, the FY2023 operating-income forecast has been changed from ¥19 billion to ¥22 billion.」
The FY2023 operating-income forecast was raised from ¥19 billion to ¥22 billion. Advertising-cost restraint in the department-store business, workforce optimization and expense control in the food business, and progress exceeding plan were cited as the reasons. - FY2024-Q1RaisedAnnual report
「As a result of cost reductions focused on the department-store and food businesses, consolidated results for the cumulative first quarter exceeded plan. Accordingly, the FY2023 operating-income forecast has been changed from ¥17 billion to ¥19 billion.」
The FY2023 operating-income forecast was raised from ¥17 billion to ¥19 billion. Cost reductions focused on the department-store and food businesses and progress exceeding plan were cited as the reasons for the change. - FY2023AdvancedAnnual report
「In the current consolidated fiscal year, all indicators of capital and asset efficiency improved: ROE (return on equity) was 6.7% (4.2% in the previous consolidated fiscal year), ROA (return on assets) was 1.9% (0.4%), and ROIC (return on invested capital) was 2.1% (0.1%).」
ROE, ROA, and ROIC improved from the previous fiscal year. The FY2023 targets of operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% remain in place. - FY2023-Q3RestatedAnnual report
「Through these efforts to streamline the balance sheet and restore earnings, we aim to achieve operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% in FY2023.」
The targets of operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% for FY2023 were restated, through balance-sheet streamlining, including asset sales, and earnings recovery. - FY2023-Q2RestatedAnnual report
「Through these efforts to streamline the balance sheet and restore earnings, we aim to achieve operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% in FY2023.」
The targets of operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% for FY2023 were restated, through balance-sheet streamlining, including asset sales, and earnings recovery. - FY2023-Q1RestatedAnnual report
「Through these efforts to streamline the balance sheet and restore earnings, we aim to achieve operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% in FY2023.」
The targets of operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% for FY2023 were restated, through balance-sheet streamlining, including asset sales, and earnings recovery. - FY2022Specific earnings targets by businessAnnual report
「Alongside cost-structure reforms, we aim to establish a business capable of steadily and sustainably maintaining operating income of at least ¥15 billion as a department store offering the No. 1 level of enjoyment, by promoting digitally enabled OMO, completing the rebuilding and reopening of Hanshin Umeda Main Store, and putting the remodeling of Kobe Hankyu and Takatsuki Hankyu on track.」
In addition to the conventional focus on segment operating income, operating margin, and ROE, specific earnings targets by business and the means of achieving them were presented: department-store operating income of at least ¥15 billion, food-business operating income of ¥10 billion, and commercial-facilities operating income of ¥3 billion. - FY2022-Q3RestatedAnnual report
「Through these efforts to streamline the balance sheet and restore earnings, we aim to achieve operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% in FY2023.」
The targets of the new medium-term management plan are restated: operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% in FY2023 through balance-sheet streamlining and earnings recovery. - FY2022-Q1ReframedAnnual report
「Through these efforts to streamline the balance sheet and restore earnings, we aim to achieve operating income of ¥17 billion, ROE of 2.6%, and ROIC of 3.0% in FY2023.」
After the targets under the former GP10-II Phase 2 were withdrawn, targets for operating income, ROE, and ROIC for FY2023 were set under the new medium-term management plan. - FY2021Withdrawal of the medium-term plan and deterioration in capital-efficiency metricsAnnual report
「In the current consolidated fiscal year, both metrics indicating capital and asset efficiency deteriorated as lower profit resulting from the impact of COVID-19 caused ROE (return on equity) to fall to -10.5% (−5.0% in the previous consolidated fiscal year) and ROIC (return on invested capital) to -0.8% (2.0% in the previous consolidated fiscal year).」
GP10-II Phase 2, including the fiscal 2021 targets of consolidated ordinary profit of ¥25 billion and consolidated ROIC of 4.0%, was withdrawn, and ROE and ROIC also deteriorated in the current fiscal year. - FY2019Specific targets and decline in resultsAnnual report
「The performance-linked indicators for the allocation made in June 2019 are as follows, and will be assessed based on the results for fiscal 2021, the final year of GP10 Plan Stage II, Phase 2.」
In addition to the conventional general targets of increasing segment operating profit, operating margin, and ROE, assessment criteria were established comprising consolidated ordinary profit of ¥25 billion and consolidated ROIC of 4.0% for fiscal 2021. Meanwhile, ROE was 0.8% and ROIC was 3.5% in the current fiscal year, both down from the previous fiscal year. - FY2017First statedAnnual report
「We will focus on operating profit and operating margin on sales for each segment to improve business growth and profitability, and aim to increase consolidated return on equity (ROE).」
The company explicitly identifies segment operating profit, operating margin on sales, and consolidated ROE as key management metrics, but does not state specific target levels.