Komori
Sotetsu Holdings (9003) · TargetRestated

Earnings Forecasts Undecided and New Medium-Term Management Plan Not Formulated Due to COVID-19

First written in FY2021-Q1. 4 of 8 entries say "Restated". Latest entry: FY2024.

8entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAchievedFY2022-Q3RestatedFY2023 – FY20242020: 220202021: 320212022: 120222023: 120232024: 12024
Same theme, other companies
Deferral and formulation of the next medium-term management plan due to COVID-19A theme 7 companies write about · 5 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「Fiscal 2024 targets under the medium-term management plan: operating income ¥30.5 billion; net income attributable to owners of the parent ¥17.7 billion; interest-bearing debt/EBITDA 7.4x; ROA (operating income to total assets) 4.1%; ROE (return on equity) 11.1%; equity ratio 22.3%.」

    The company continues to present the fiscal 2024 targets following the disclosure of the new medium-term management plan and Vision2030.
  2. FY2023RestatedAnnual report

    「Fiscal 2024 (plan): operating income of ¥30.5 billion, profit attributable to owners of the parent of ¥17.7 billion, interest-bearing debt-to-EBITDA ratio of 7.4x, ROA (return on assets) of 4.1%, ROE (return on equity) of 11.1%, and equity ratio of 22.3%.」

    The company continues to present the fiscal 2024 targets under the Sixth Medium-Term Management Plan and Vision2030, which have moved from being unformulated to having been disclosed.
  3. FY2022-Q3AchievedAnnual report

    「The Group announced on 25 November 2021 the Sixth Medium-Term Management Plan (fiscal 2022 through fiscal 2024) and the Long-Term Vision “Vision2030,” which had been under formulation in the annual securities report for the previous fiscal year, and newly established objective indicators and other measures for assessing progress toward management targets.」

    The previously unformulated new medium-term management plan and long-term vision were disclosed on 25 November 2021, and new management indicators were also established.
  4. FY2022-Q2RestatedAnnual report

    「As COVID-19 spreads, the operating environment after the pandemic is expected to change from what it was before the pandemic. Going forward, we will formulate a medium-term management plan that incorporates these changes in the operating environment and set management indicators for each business together with its initiatives in the plan.」

    The company reiterates its policy of formulating a new medium-term management plan that incorporates the post-pandemic operating environment and setting initiatives and management indicators for each business.
  5. FY2022-Q1RestatedAnnual report

    「As COVID-19 spreads, the operating environment after the pandemic is expected to change from what it was before the pandemic. Going forward, we will formulate a medium-term management plan that incorporates these changes in the operating environment and set management indicators for each business together with its initiatives in the plan.」

    The company reiterates its policy of formulating a new medium-term management plan that incorporates the post-pandemic operating environment and setting initiatives and management indicators for each business.
  6. FY2021-Q3AdvancedAnnual report

    「The consolidated earnings forecast for the fiscal year ending March 2021 was revised in the notice dated 1 February 2021, “Notice Regarding the Revision of the Consolidated Earnings Forecast for the Fiscal Year Ending March 2021.”」

    After the previously undecided earnings forecast was disclosed, the February 2021 forecast was revised to operating revenue of ¥225.3 billion, an operating loss of ¥4.4 billion, an ordinary loss of ¥6.4 billion, and a net loss attributable to owners of the parent of ¥7.0 billion. The new medium-term management plan is being formulated while the operating environment is carefully assessed.
  7. FY2021-Q2ReframedAnnual report

    「The consolidated earnings forecast for the fiscal year ending March 2021, which had been left undecided in the securities report for the previous fiscal year and the quarterly report for the first quarter, was disclosed in the notice dated 29 October 2020, “Notice Regarding the Consolidated Earnings Forecast and Dividend Forecast for the Fiscal Year Ending March 2021.” The new medium-term management plan remains unformulated, as it must be prepared after carefully assessing the future operating environment, as stated in the securities report for the previous fiscal year.」

    The previously undecided consolidated earnings forecast for the fiscal year ending March 2021 was disclosed, while the new medium-term management plan remains unformulated.
  8. FY2021-Q1First statedAnnual report

    「The consolidated earnings forecast for the fiscal year ending March 2021, which was left undecided in the securities report for the previous fiscal year, remains undecided because the timing of the end of COVID-19 remains unknown, many uncertainties continue to affect the Group's business activities and results, and it is currently extremely difficult to calculate a forecast. We will disclose the forecast promptly once a reasonable calculation becomes possible. The new medium-term management plan also remains unformulated, as it must be prepared after carefully assessing the future operating environment, as stated in the securities report for the previous fiscal year.」

    The consolidated earnings forecast for the fiscal year ended March 2021 remained undecided, and the new medium-term management plan remained unformulated. The company stated that it would disclose and formulate them after carefully assessing when the pandemic would end and the operating environment.
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★ 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.

When this could move next
Sotetsu Holdings's next results are scheduled for 2026-11-05. Read the earnings preview
News
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