Management targets for the fiscal year ending March 2022 under the new medium-term management policy
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2021SoftenedAnnual report
「Although the fiscal year ending March 2022 is the final year of the medium-term management policy, the Company believes it will be difficult to achieve the consolidated management targets announced in May 2019 due to the impact of COVID-19 and other factors.」
The Company stated that it would be difficult to achieve the targets for the fiscal year ending March 2022 of ordinary profit of ¥35.0 billion or more, a general expense ratio to operating revenue of less than 60%, and ROE of 10% or more. - FY2020RestatedAnnual report
「As a result, progress toward the management targets set out in the medium-term management policy got off to a generally solid start.」
The Company assessed progress toward the management targets for the fiscal year ending March 2022 as having got off to a generally solid start in the first year. - FY2019First statedAnnual report
「Based on this approach, while steadily translating the core strategies into specific initiatives, we announced the following management targets on 9 May 2019 for the fiscal year ending March 2022, the final year of the new medium-term management policy. [Consolidated management targets] Item Target Ordinary profit ¥35.0 billion or more General expense ratio to operating revenue Less than 60% ROE 10% or more The release of the new core system in August 2018 resulted in system costs, primarily depreciation, and an increase in general expenses. To achieve the management targets, we will optimize costs by improving operational efficiency and fundamentally reviewing business processes using the system's functions, while working to enhance our earnings capacity by actively investing the management resources generated through these efforts in businesses expected to grow.」
For the fiscal year ending March 2022, the final year of the new medium-term management policy, the Company first specified numerical targets of ordinary profit of ¥35.0 billion or more, a general expense ratio to operating revenue of less than 60%, and ROE of 10% or more, together with the means of achieving them through system utilization, business-process reviews, and investment of resources in growth businesses.