11th Medium-Term Management Plan (Challenge11) and Performance Targets for the Fiscal Year Ending March 2018
First written in FY2017. 4 of 11 entries say "Reframed", first in FY2021. Latest entry: FY2026.
NIKKON Holdings moved to the "Worse" side of this theme in 2021.
The whole theme swung hardest in 2019: 2 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In the current consolidated fiscal year, the final year of the plan, net sales were ¥269.8 billion, operating income was ¥23.8 billion, the operating margin was 8.8% and ROE was 7.6%, all below the initial targets of ¥280.0 billion in net sales, ¥28.0 billion in operating income, a 10.0% operating margin and ROE of 8.0%. The Group launched the three-year 14th Medium-Term Management Plan on 1 April 2026, setting final-year targets for the fiscal year ending March 2029 of net sales of ¥350.0 billion, operating income of ¥33.0 billion, an operating margin of 9.4% and ROE of 10.0%.」
All 4 final targets for Challenge13 were missed, and the Group moved to the 14th Medium-Term Management Plan. Its targets for the fiscal year ending March 2029 are net sales of ¥350.0 billion, operating income of ¥33.0 billion, an operating margin of 9.4% and ROE of 10.0%. - 2026-05-08ReframedEarnings
「The fiscal year ending March 2027 will be the first year of the 14th Medium-Term Management Plan formulated by the Group. For consolidated results, the company forecasts revenue of ¥285.0 billion, operating profit of ¥26.7 billion, ordinary profit of ¥27.5 billion and net income attributable to owners of the parent of ¥22.3 billion.」
The company moved from the previous medium-term management plan to the 14th Medium-Term Management Plan and presented its targets for the fiscal year ending March 2027. - FY2025-H1RestatedAnnual report
「There were no material changes to the Group’s management policies, management strategies or other related matters during the current interim consolidated accounting period.」
The Company stated that there had been no material changes to its management policies, management strategies or other matters, and continued the framework of the 13th Medium-Term Management Plan. - FY2024Partial achievement and partial shortfall against the first-year Challenge13 targetsAnnual report
「For the current consolidated fiscal year, the first year of the plan, the targets were net sales of ¥230.0 billion, operating income of ¥22.0 billion and an operating margin of 9.6%. Although the domestic economy recovered moderately and parts shortages that had hindered production in the automotive industry were resolved, net sales were ¥222.324 billion, operating income was ¥21.235 billion and the operating margin was 9.6%. Thus, the operating margin target was achieved, while both net sales and operating income fell slightly short of the first-year targets of the medium-term management plan. The targets for the second year, the fiscal year ending March 2025, are net sales of ¥250.0 billion, operating income of ¥24.0 billion and an operating margin of 9.6%.」
In the first year of Challenge13, net sales and operating income fell short of target, while the operating margin reached the target at 9.6%. The second-year targets were set at net sales of ¥250.0 billion, operating income of ¥24.0 billion and an operating margin of 9.6%. - FY2023ReframedAnnual report
「The Group launched the three-year 12th Medium-Term Management Plan (Challenge12) on 1 April 2020, setting final-year targets for the fiscal year ending March 2023 of net sales of ¥230.0 billion, operating income of ¥23.0 billion, an operating margin of 10.0% and ROE of 8.0%.\" The Group also launched the three-year 13th Medium-Term Management Plan (Challenge13) on 1 April 2023, setting final-year targets for the fiscal year ending March 2026 of net sales of ¥280.0 billion, operating income of ¥28.0 billion, an operating margin of 10.0% and ROE of 8.0%.」
In its final year, Challenge12 achieved net sales of ¥212.071 billion, operating income of ¥19.580 billion, an operating margin of 9.2% and ROE of 7.1%, falling short of all 4 targets. Under the successor plan, Challenge13, the targets for the fiscal year ending March 2026 are net sales of ¥280.0 billion, operating income of ¥28.0 billion, an operating margin of 10.0% and ROE of 8.0%. - FY2021ReframedAnnual report
「The Group launched the three-year 12th Medium-Term Management Plan (Challenge12) on 1 April 2020, setting final-year targets for the fiscal year ending March 2023 of net sales of ¥230.0 billion, operating income of ¥23.0 billion, an operating margin of 10.0% and ROE of 8.0%.」
The Group launched the 12th Medium-Term Management Plan (Challenge12), following the 11th plan, and set new final-year targets for the fiscal year ending March 2023 of net sales of ¥230.0 billion, operating income of ¥23.0 billion, an operating margin of 10.0% and ROE of 8.0%. In the first year, net sales and operating income fell short of target. - FY2020Partially below plan; successor plan undecidedAnnual report
「Net sales fell ¥5.487 billion, or 2.7%, short of the plan announced on 8 November 2019, due in part to the impact of the COVID-19 pandemic. Operating income was ¥609 million, or 2.8%, below plan, mainly because net sales fell short of the plan. Net income attributable to owners of the parent exceeded plan by ¥121 million, or 0.7%, due to the recognition of gains on the sale of investment securities that had not been included in the plan. ROE was 8.8%, exceeding the 8.0% target, due in part to gains on the sale of fixed assets of ¥894 million and gains on the sale of investment securities of ¥1,036 million.\n\nThe new medium-term management plan scheduled to start on 1 April 2020 remains undecided because it is currently difficult to reasonably calculate the impact of the COVID-19 pandemic.」
In the final year of the 11th Medium-Term Management Plan, net sales and operating income fell short of plan, while net income and ROE exceeded plan. The new medium-term management plan scheduled to start on 1 April 2020 remained undecided because the impact of the COVID-19 pandemic was difficult to calculate. - FY2019SoftenedAnnual report
「However, due to changes in the various business conditions surrounding the Group, the consolidated performance targets for the full fiscal year ending March 2020, the final year of the plan, were set at net sales of ¥208.0 billion, operating income of ¥20.5 billion, ordinary income of ¥22.1 billion, and net income attributable to owners of the parent of ¥15.4 billion. The target for return on equity was maintained at 8%, unchanged from the initial plan.」
Although the Group achieved its net sales and profit targets in the fiscal year ending March 2019, the second year of the 11th Medium-Term Management Plan, the final-year net sales target was lowered from the previous ¥225.0 billion to ¥208.0 billion. The final targets are operating income of ¥20.5 billion, ordinary income of ¥22.1 billion, net income of ¥15.4 billion and ROE of 8%. - FY2018AdvancedAnnual report
「The Group launched a three-year medium-term management plan on 1 April 2017. Progress toward and achievement of the targets for fiscal 2017, its first year, were as follows. Net sales were ¥1.819 billion, or 1.0%, above plan, broadly in line with the plan. Operating income was ¥609 million, or 3.3%, above plan, mainly due to improved operating efficiency. Net income attributable to owners of the parent was ¥1.045 billion, or 7.7%, above plan, due to the increase in operating income and the recognition of extraordinary income.\n\nUnder the Group's management policy of bringing together the capabilities of all Nippon Konpo Holdings Group companies, enhancing competitiveness through limitless ingenuity and innovation, strengthening the Group's management platform to provide the high-value-added services customers seek, and taking on the challenge of reaching a new stage, we will work to achieve the targets for the final year of the medium-term management plan, the fiscal year ending March 2020: net sales of ¥225.0 billion, operating income of ¥20.0 billion and ROE of 8.0%.」
The Group stated that net sales, operating income and net income attributable to owners of the parent exceeded plan in the first year of the 11th Medium-Term Management Plan. It also specified the three-year final-year targets of ¥225.0 billion in net sales, ¥20.0 billion in operating income and ROE of 8.0%. - FY2018-Q3AdvancedAnnual report
「Against this backdrop, the effects of the Group's proactive capital investment helped lift revenue 5.0% year on year to ¥140,296 million. Operating profit rose 6.3% to ¥14,356 million due to the effect of higher revenue and greater operating efficiency. Ordinary profit rose 8.4% to ¥15,677 million, partly because foreign exchange losses ceased to occur. Net income attributable to owners of the parent rose 13.8% to ¥11,250 million, partly because there were no losses from disasters.」
For the fiscal year ending March 2018, the first year of the 11th Medium-Term Management Plan, cumulative nine-month net sales were ¥140.296 billion, operating income was ¥14.356 billion, ordinary income was ¥15.677 billion, and net income attributable to owners of the parent was ¥11.250 billion, building on progress toward the full-year targets. - FY2017First statedAnnual report
「Against this backdrop, our Group launched the 11th Medium-Term Management Plan (Challenge11) on 1 April 2017. For the consolidated results forecast for the full fiscal year ending March 2018, the first year of the plan, we expect net sales of ¥186.0 billion, operating income of ¥18.4 billion, ordinary income of ¥19.8 billion, and net income attributable to owners of the parent of ¥13.5 billion.」
The Group launched the 11th Medium-Term Management Plan on 1 April 2017 and set forecasts for net sales, operating income, ordinary income and net income attributable to owners of the parent for the fiscal year ending March 2018, the first year of the plan.