Improving Productivity, Earnings Power and Financial Condition Through Structural Reform
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Achieved".
- FY2024AchievedAnnual report
「Although passenger demand is not expected to return to pre-pandemic levels, the Company achieved its management targets for fiscal 2023, including an operating margin of at least 6.0% and an interest-bearing debt/EBITDA ratio of no more than 5.0x, as a result of focusing on structural reforms such as cost structure reform and strengthening its earnings base.」
States that the targets for improving earnings power and financial condition under the structural reforms designated as the period of transformation for fiscal 2021 to fiscal 2023 were achieved. - FY2022RestatedAnnual report
「The Group has positioned the 3 years of its current medium-term management plan (fiscal 2021 to fiscal 2023) as a “period of transformation,” working to improve productivity through structural reform and to restore earnings power, which deteriorated during the COVID-19 pandemic, and improve its financial condition.」
Continues its policy of structural reform, productivity improvement, and improvement in earnings power and financial condition, with fiscal 2021 to fiscal 2023 designated as a period of transformation. - FY2021First statedAnnual report
「The Group has positioned the 3 years of its current medium-term management plan (fiscal 2021 to fiscal 2023) as a “period of transformation,” working to improve productivity through structural reform and to restore earnings power, which deteriorated during the COVID-19 pandemic, and improve its financial condition.」
Positioned fiscal 2021 to fiscal 2023 as a period of transformation and identified structural reform, productivity improvement, earnings recovery and financial improvement as new priority measures.