Komori
Es-Con Japan (8892) · InitiativeReframed

Fourth Medium-Term Management Plan, “IDEAL to REAL 2023”

First written in FY2021-Q1. 4 of 8 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2025.

8entries
5years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021-Q1 – FY2021-Q3AdvancedFY2022-Q1 – FY2023-Q2OtherFY2023-Q32021: 220212022: 220222023: 320232024: 020242025: 12025
Same theme, other companies
Shifting the earnings structure and expanding real estate investment under IDEAL to REAL 2023A theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2025ReframedAnnual report

    「The business results for the current consolidated fiscal year, the first year of the fifth Medium-Term Management Plan covering the 3 years from the fiscal year ending March 2025 through the fiscal year ending March 2027, were」

    The planning framework was updated from the fourth Medium-Term Management Plan to the fifth Medium-Term Management Plan, covering the fiscal years ending March 2025 through March 2027.
  2. FY2023-Q3Plan revisions due to the change in fiscal year-endAnnual report

    「Accordingly, the current fourth Medium-Term Management Plan, “IDEAL to REAL 2023,” has been revised, but there is no change to its basic policy.」

    The period and numerical targets of the fourth Medium-Term Management Plan were revised in connection with changing the fiscal year-end to March and adopting a 15-month fiscal period, but the basic policy of “Transformation and Breakthrough” remains unchanged.
  3. FY2023-Q2AdvancedAnnual report

    「The current fiscal year, the final year of the medium-term management plan, is the period for completing the shift from “Transformation” to “Breakthrough.” The company is working to achieve its record-high earnings plan and develop synergies with the Chubu Electric Power Group. Progress is steady, with the contract-based progress rate exceeding 80% against planned revenue of ¥61,900 million for the condominium sales business, while the joint businesses with the Chubu Electric Power Group described below are also steadily building a track record.」

    In the final year of the fourth Medium-Term Management Plan, the contract-based progress rate against planned revenue of ¥61,900 million for the condominium sales business exceeded 80%, improving from approximately 75% as previously reported.
  4. FY2023-Q1AdvancedAnnual report

    「In the current fiscal year, the final year of the medium-term management plan, progress toward the plan for revenue of ¥61,900 million in the condominium sales business is steady, with the contract-based progress rate at approximately 75%.」

    In the final year of the fourth Medium-Term Management Plan, the contract-based progress rate against the planned revenue of ¥61,900 million for the condominium sales business was approximately 75%.
  5. FY2022-Q3AdvancedAnnual report

    「The current fiscal year, the second year of the fourth Medium-Term Management Plan, is progressing steadily toward achieving the plan to post record-high profit.」

    For the second year of the fourth Medium-Term Management Plan, performance was assessed as progressing steadily toward achieving the plan to post record-high profit. The plan also set out targets of revenue of ¥100,000 million and operating profit of ¥14,000 million for the fiscal year ending December 2022, revenue of ¥110,000 million and operating profit of ¥16,000 million for the fiscal year ending December 2023, and gross investments of ¥220,000 million over the 3 years.
  6. FY2022-Q1AdvancedAnnual report

    「The second year of the fourth Medium-Term Management Plan, the fiscal year ending December 2022, is progressing steadily as the year of “Breakthrough.” In the first year, the fiscal year ending December 2021, investments progressed at a pace exceeding the initial plan, while the “transformation” of the earnings structure through securing stable rental income was achieved at once.」

    The second year of the plan was positioned as the year of “Breakthrough,” with the first year's accelerated investment and transformation of the earnings structure through rental income cited as achievements.
  7. FY2021-Q3RestatedAnnual report

    「In addition, in February 2021, the company formulated its fourth Medium-Term Management Plan, “IDEAL to REAL 2023,” covering the 3 years from the fiscal year ending December 2021 through the fiscal year ending December 2023. The new medium-term management plan sets out as its management strategies the establishment of a business foundation capable of withstanding unforeseen changes in the economic environment and the simultaneous transformation of the earnings structure and expansion of the business domain.」

    The 3-year period, basic policy, and direction of earnings-structure transformation and business-domain expansion under the fourth Medium-Term Management Plan were reconfirmed. The plan also stated targets including revenue of ¥110,000 million and operating profit of ¥16,000 million in the final year, and gross investments of ¥220,000 million over the 3 years.
  8. FY2021-Q1First statedAnnual report

    「In addition, the company formulated its fourth Medium-Term Management Plan, “IDEAL to REAL 2023,” covering the 3 years from the fiscal year ending December 2021 through the fiscal year ending December 2023. The new medium-term management plan sets out as its management strategies the establishment of a business foundation capable of withstanding unforeseen changes in the economic environment and the simultaneous transformation of the earnings structure and expansion of the business domain.」

    After withdrawing the third Medium-Term Management Plan, the company formulated a new 3-year plan covering the fiscal years ending December 2021 through December 2023. Its basic policy was “Transformation and Breakthrough,” with initiatives including investment in income-producing real estate for long-term earnings, improvement of the balance-sheet structure, conversion from flow revenue to stock revenue, synergies with the Chubu Electric Power Group, expansion of operating bases centered on the 5 largest cities, and promotion of ESG. For the final year, the plan called for revenue of ¥110,000 million and operating profit of ¥16,000 million, with gross investments over the 3 years of ¥130,000 million in income-producing real estate, ¥90,000 million in other development, and ¥220,000 million in total.
Moved together

"Multifaceted Development Spanning For-Sale Residential, Commercial and Hotel Properties" moved the same way as this thread, in the same document, in 4 of its 8 moves.

444444★123456
  1. ★This thread
  2. 1Multifaceted Development Spanning For-Sale Residential, Commercial and Hotel Properties4×
  3. 2Promoting Sales of For-Sale Condominiums and Achieving Sell-Out4×
  4. 3Promoting the Acquisition of Land Beneath Commercial Facilities and Mixed-Use Development4×
  5. 4Expansion into Community Development Projects4×
  6. 5Active Acquisition of New Business Sites in Multiple Regions4×
  7. 6Expansion into the Chubu Region and Joint Businesses through a Capital and Business Alliance with Chubu Electric Power4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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