Financial Targets under Medium-Term Management Plan 2022
First written in FY2018. 4 of 11 entries say "Reframed", first in FY2021-Q2. Latest entry: FY2026.
West Japan Railway Company moved to the "Worse" side of this theme in 2021.
1 other company's latest entry also says "Dropped".
- FY2026DroppedAnnual report
「The JR West Group Medium-Term Management Plan 2030, formulated in April 2026, sets as its basic policies for “co-creation and challenge” toward the future the realization of “transformation to safe, high-quality and sustainable mobility” and “transformation of the business portfolio” by leveraging the Group’s strengths, including customer touchpoints and data, as well as technology and know-how.」
The financial targets of Mid-Term Management Plan 2022 were not presented in this filing, and the Company is transitioning to transformation based on Mid-Term Management Plan 2030 formulated in April 2026. - 2026-05-01ReframedFinancial results briefing materials
「Broadly achieved the Medium-Term Management Plan 2025 targets for both financial and non-financial measures, entering a new management phase.」
The company reviewed the financial and non-financial targets of Medium-Term Management Plan 2025 and transitioned to new targets for profit, capital efficiency and business composition under Medium-Term Management Plan 2030. - FY2024AdvancedAnnual report
「In FY2023, the first year of Mid-Term Management Plan 2025, measures to capture demand and business-structure reforms bore fruit, enabling a recovery in performance that exceeded the plan, while」
For the first year of Mid-Term Management Plan 2025, the Company stated that measures to capture demand and business-structure reforms had produced a recovery in performance exceeding the plan, leading to the April 2024 update. - FY2023ReframedAnnual report
「As a result, although the Company did not achieve the numerical targets set in the review of the Mid-Term Management Plan 2022, operating revenues rose 35.3% year on year to ¥1,395.5 billion, operating income was ¥83.9 billion, and ordinary income was ¥73.6 billion」
The Company explicitly stated that it had not achieved the numerical targets at the time of the review of Mid-Term Management Plan 2022, and shifted its focus to recovery and growth based on the new Mid-Term Management Plan 2025 and long-term vision. - FY2021ReframedAnnual report
「In October 2020, in light of changes in the business environment, we formulated policies through FY2027, the period covered by the next medium-term management plan, and revised our management indicators through FY2022, with a view to restoring our medium- to long-term financial foundation, driving transformation in response to social changes, and setting out a path to safety and growth.」
Rather than placing the original financial targets of Mid-Term Management Plan 2022 at the forefront, the Company restructured the plan to include recovery of its financial base, responses to social change, a path to safety and growth, and an outlook through FY2027. - FY2021-Q2ReframedAnnual report
「In light of these circumstances, we revised the JR West Group Medium-Term Management Plan 2022 to restore our financial foundation over the medium to long term, drive transformation in response to social change, and present a path toward safety and growth.」
The Company stated that it had reviewed the plan to focus on recovery of its financial base, responses to social change, and a path to safety and growth, rather than restating the numerical targets of Mid-Term Management Plan 2022. - FY2021-Q1RestatedAnnual report
「With regard to the JR West Group Medium-Term Management Plan 2022, based on this review, we will proceed with revisions from the perspectives of providing new value in light of priority business areas, the business portfolio, the allocation of management resources and changes in behavior, while maintaining safety and security as our foundation.」
Rather than immediately changing the financial targets of Mid-Term Management Plan 2022, the Company continues its policy of reviewing them in light of safety and security, priority areas, the portfolio, allocation of management resources, and changes in behavior. - FY2020SoftenedAnnual report
「We will reexamine the content of Mid-Term Management Plan 2022. The following describes the current content of Mid-Term Management Plan 2022. FY2022 targets Consolidated operating revenues ¥1,630.0 billion Consolidated EBITDA ¥400.0 billion Consolidated ROA mid-6% range」
Although the FY2022 financial targets remain listed, the Company explicitly stated that it would reexamine the content of Mid-Term Management Plan 2022 in light of the impact of COVID-19. - FY2019AdvancedAnnual report
「FY2018 results Consolidated operating revenues ¥1,529.3 billion Consolidated EBITDA ¥361.3 billion Consolidated ROA 6.2% [Reference] Consolidated ROE 9.8%」
The Company disclosed FY2018 results against the FY2022 targets under Mid-Term Management Plan 2022, showing progress in operating revenues, EBITDA, ROA, and ROE. - FY2019-Q1RestatedAnnual report
「In addition to the Group-wide strategies set out in the Medium-Term Plan 2022, namely “enhancing regional value,” “enhancing line-section value,” and “enhancing business value,” the Company continues to promote the basic and business strategies of its railway and creative businesses, respectively, and contribute to creating its desired future, “a safe and prosperous society where people meet and smiles are born.”」
The Company continues to promote the common strategies and the individual strategies for the railway business and creative business under Mid-Term Management Plan 2022. - FY2018First statedAnnual report
「<“Mid-Term Management Plan 2022” targets> FY2022 consolidated operating revenues ¥1,630.0 billion Consolidated EBITDA ¥400.0 billion Consolidated ROA mid-6% range」
For Mid-Term Management Plan 2022, the Company presented numerical targets for FY2022 consolidated operating revenues, consolidated EBITDA, and consolidated ROA for the first time.