Growth investment funded by retained earnings and medium- to long-term improvement in ROE
First written in FY2016. 4 of 14 entries say "Advanced", first in FY2018. Latest entry: FY2026.
- FY2026Disclosure of failure to meet the ROE targetAnnual report
「Fiscal 2025 results Net income ¥47.6 billion ¥42.0 billion ROA 1.6% at least 1.6% ROE 11.7% at least 12%」
Under Medium-Term Management Plan 2025, net income and ROA exceeded their numerical targets, while ROE was 11.7%, below the target of at least 12%. - FY2025AdvancedAnnual report
「Fiscal 2024 results Net income ¥42.0 billion ROA 1.8% ROE 12.2%」
ROE was 12.2% in fiscal 2024, reaching the target level of at least 12% under Medium-Term Management Plan 2025. - FY2024AdvancedAnnual report
「Return on equity (%) 12.3」
ROE increased from 11.8% in the previous fiscal year to 12.3%, exceeding the final-year target of at least 12% ROE under Medium-Term Management Plan 2025. - FY2021RestatedAnnual report
「We will use retained earnings effectively as a source of future growth to further expand our business platform and seek to improve ROE over the medium to long term.」
The policy of using retained earnings as a source of growth to expand the business platform and seeking to improve ROE over the medium to long term remains in place. - FY2020RestatedAnnual report
「We will use retained earnings effectively as a source of future growth to further expand our business platform and seek to improve ROE over the medium to long term.」
The policy of using retained earnings for growth investment and seeking to improve ROE over the medium to long term remains in place. - FY2019AchievedAnnual report
「In fiscal 2018, while addressing new business strategies and priority areas such as commercial-flow support, which focused on the flow of customers' procurement and product sales in response to changes in corporate business models and social and industrial structures, we further promoted the provision of services driven by customer needs. As a result, contract execution volume was ¥1,548,817 million, operating assets were ¥2,021,368 million, net income attributable to owners of the parent was ¥16,594 million, and ROE was 10.3%. Net income attributable to owners of the parent and ROE both achieved their final-year numerical targets one year ahead of schedule.」
The targets under the Fifth Medium-Term Management Plan of net income attributable to owners of the parent of ¥15.0 billion and ROE of 10% were achieved one year ahead of schedule in fiscal 2018. - FY2018AdvancedAnnual report
「In the first year, fiscal 2017, we implemented strategies for further growth, including taking on challenges in new fields and promoting initiatives focused on profitability, while responding to changes in companies' business models and social and industrial structures and focusing on the flow of customers' procurement and product sales through new business strategies and priority areas such as commercial-flow support. As a result, contract execution volume was ¥1,548,817 million, operating assets were ¥2,021,368 million, net income attributable to owners of the parent was ¥13,643 million, an increase of ¥1,229 million from the previous fiscal year (the fiscal year ended March 2017), and ROE was 9.6%, up 0.2 percentage points from the previous fiscal year-end. We are making steady progress toward achieving the numerical targets for the final year.」
Against the Fifth Medium-Term Management Plan's final-year targets of net income of ¥15.0 billion and ROE of 10%, first-year results were ¥13.6 billion and 9.6%, respectively, demonstrating progress toward the targets in numerical terms. - FY2017RaisedAnnual report
「Under the Fifth Medium-Term Management Plan, we have set the following management targets for the final year of the plan to achieve further growth for the Group and enhance the value delivered to stakeholders: net income attributable to owners of the parent of ¥15.0 billion, ROE of 10%, and a payout ratio of at least 20%.」
In addition to the previously stated goal of improving ROE over the medium to long term, clear numerical targets have been set for the final year of the Fifth Medium-Term Management Plan: ROE of 10%, net income attributable to owners of the parent of ¥15.0 billion, and a payout ratio of at least 20%. - FY2016First statedAnnual report
「We will use retained earnings effectively as a source of future growth to further expand our business platform and seek to improve ROE over the medium to long term.」
The policy calls for using retained earnings as a source of growth to expand the business platform, with a medium- to long-term time horizon indicated.