EPS, ROE, ROA, Profit and Debt-Multiple Targets in the Three-Year Medium-Term Plan
First written in FY2024. 3 of 10 entries say "Advanced", first in FY2025-H1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 36 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Quantitative indicators: fiscal 2025 actual, fiscal 2026 forecast, fiscal 2027 target. EPS: ¥152.25, ¥158.15, ¥164.88; ROE: 10.0%, 9.6%, 9.3%; ROA (return on total assets): 3.7%, 3.8%, 3.7%; Tokyu EBITDA: ¥227.9 billion, ¥236.8 billion, ¥240.0 billion; operating profit: ¥103.1 billion, ¥110.0 billion, ¥112.0 billion; net income attributable to owners of the parent: ¥87.0 billion, ¥90.0 billion, ¥92.0 billion; interest-bearing debt/Tokyu EBITDA ratio: 6.1x, 6.1x, 6.0x.」
Reflecting fiscal 2025 actual results, we updated the fiscal 2026 forecast and fiscal 2027 targets. The fiscal 2027 targets include EPS of ¥164.88, ROE of 9.3%, operating profit of ¥112.0 billion and net income attributable to owners of the parent of ¥92.0 billion. - FY2026-H1Interim-period results updateAnnual report
「Operating revenue was ¥518.986 billion, down 1.2% year on year, and operating profit was ¥58.880 billion, down 9.9%. Ordinary profit was ¥70.146 billion, up 5.6%, due mainly to an increase in equity-method investment gains. Interim net income attributable to owners of the parent was ¥56.236 billion, up 13.7%.」
Interim results were updated. Operating profit declined 9.9% year on year, while ordinary profit increased 5.6% and interim net income attributable to owners of the parent increased 13.7%. - FY2025AdvancedAnnual report
「Quantitative indicators: fiscal 2024 actual, fiscal 2025 forecast, fiscal 2026 plan. EPS: ¥134.81, ¥139.23, ¥141.00; ROE: 9.8%, 9.3%, 8.7%; ROA (return on total assets): 3.8%, 3.7%, 3.8%; Tokyu EBITDA: ¥214.1 billion, ¥211.0 billion, ¥220.0 billion; operating profit: ¥103.4 billion, ¥100.0 billion, ¥105.0 billion.」
Reflecting fiscal 2024 actual results, we updated the fiscal 2025 forecast and fiscal 2026 plan. We also newly announced fiscal 2027 targets of ¥110.0 billion in operating profit and ¥82.0 billion in net income attributable to owners of the parent. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period, operating revenue was ¥525.234 billion, up 8.6% year on year, operating profit was ¥65.335 billion, up 43.5%, ordinary profit was ¥66.430 billion, up 33.7%, and interim net income attributable to owners of the parent was ¥49.466 billion, up 41.2%. Revenue from condominium sales in the real estate business increased, while demand in the transportation, lifestyle services, and hotel and resort businesses rose as operating conditions improved.」
In the fiscal 2024 interim period, we reported operating profit of ¥65.335 billion and interim net income attributable to owners of the parent of ¥49.466 billion, disclosing interim-period results against the new medium-term plan’s profit targets. - FY2024First statedAnnual report
「Quantitative indicators: fiscal 2024 forecast, fiscal 2025 plan, fiscal 2026 plan. EPS: ¥100.14, ¥96.00, ¥116.00; ROE: 7.4%, 7.0%, 8.0%; ROA (return on total assets): 3.3%, 3.2%, 3.5%; Tokyu EBITDA: ¥196.9 billion, ¥200.0 billion, ¥210.0 billion; operating profit: ¥88.0 billion, ¥85.0 billion, ¥95.0 billion; net income attributable to owners of the parent: ¥60.0 billion, ¥58.0 billion, ¥70.0 billion; interest-bearing debt/Tokyu EBITDA ratio: 6.2x, 6.3x, 6.1x.」
For fiscal 2024 through fiscal 2026, we set multi-year numerical targets focused on EPS, ROE and ROA in addition to scale indicators for the first time.