Optimizing the Business Portfolio under the Eighth Medium-Term Management Plan
First written in FY2016. 19 of 35 entries say "Restated". Latest entry: 2026-11-09.
91 other companies' latest entry also says "Advanced".
- 2026-11-09Advancedwww.nikkei.com
「Revenue is expected to rise 4% to ¥58.0 billion and operating profit to fall 17% to ¥3.5 billion, representing upward revisions of ¥1.0 billion and ¥200 million, respectively.」
The forecasts for the fiscal year ending March 2027 were revised upward from the previous forecasts by ¥1.0 billion for revenue and ¥200 million for operating profit, respectively. - FY2026AdvancedAnnual report
「In the current consolidated fiscal year, results substantially exceeded plan, mainly in the motor transport business, due in part to special demand related to the Osaka-Kansai Expo. For the fiscal year ending March 2027, profit is expected to decline because of the negative impact of the unwinding of this special demand, higher fuel costs amid geopolitical risks, and higher personnel expenses associated with improved employee treatment and securing human resources. Nevertheless, the company will keep the initial targets of the medium-term management plan unchanged and work to achieve them by making steady investments for growth.」
Although first-year results under the 2025–2027 medium-term management plan substantially exceeded plan, profit is expected to decline in the fiscal year ending March 2027 due in part to the unwinding of Expo-related special demand. The initial targets for the fiscal year ending March 2028, including revenue of ¥59,000 million and operating profit of ¥3,700 million, remain unchanged. - FY2026-H1ReframedAnnual report
「Against this backdrop, to evolve into the “community development and town-building company” envisaged in Group Vision 2030, the Group formulated a medium-term management plan covering the three years through the fiscal year ending March 2028, based on the basic policy of “strengthening existing businesses that support sustainable growth and developing and expanding growth businesses,” and began implementing various initiatives.」
It transitioned from the medium-term management plan through the fiscal year ending March 2025 to a new three-year plan through the fiscal year ending March 2028, adopting the strengthening of existing businesses and development and expansion of growth businesses as its basic policy. - FY2025-H1RestatedAnnual report
「Against this backdrop, based on the basic policy of “recovering earnings levels and reforming the business structure” set out in the medium-term management plan for which the current fiscal year is the final year, the company implemented measures including expanding routes in the Kobe, Osaka, and Awaji areas in the motor transport business, securing stable earnings through the acquisition of rental properties in the real estate business, and capturing growing inbound demand in the chartered travel business.」
It reaffirmed the basic policy of the medium-term management plan for which the fiscal year ending March 2025 is the final year and stated that it had expanded routes, acquired rental properties, and captured inbound demand. - FY2024-Q3RestatedAnnual report
「Against this backdrop, the Group worked to strengthen the earnings base of each business, focusing on capturing demand for services and inbound demand in passenger transportation, travel, and food services as they recovered from the pandemic. Measures included expanding routes in the Kobe and Osaka areas in the motor transport business and acquiring rental properties in the real estate business.」
In line with the medium-term management plan through the fiscal year ending March 2025, it continues to capture demand for services and inbound demand, expand routes in the Kobe and Osaka areas, and strengthen its earnings base through the acquisition of rental properties. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, the Group worked to strengthen the earnings base of each business, focusing on capturing demand for services and inbound demand in passenger transportation, travel, and food services as they recovered from the pandemic. Measures included expanding routes in the Kobe and Osaka areas in the motor transport business and acquiring rental properties in the real estate business.」
In line with the basic policy of the medium-term management plan, it expanded routes in the Kobe and Osaka areas, acquired rental properties, and captured demand for services and inbound demand. - FY2024-Q1RestatedAnnual report
「Against this backdrop, the Group implemented necessary measures under the basic policy of “recovering earnings levels and reforming the business structure” set out in the medium-term management plan beginning in fiscal 2022. These included efforts to capture demand for face-to-face services such as passenger transportation, travel, and food services, which were recovering from the pandemic, as well as real estate investment to secure stable earnings over the medium to long term.」
It has reaffirmed the basic policy of the medium-term management plan beginning in fiscal 2022 and the implementation of measures including capturing demand for face-to-face services and real estate investment. - FY2023AdvancedAnnual report
「The medium-term management plan set the following consolidated numerical targets for the fiscal year ending March 2025, its final year. Actual results for the current consolidated fiscal year progressed as follows against those targets.」
Targets for the fiscal year ending March 2025 were revenue of ¥48,000 million, operating profit of ¥2,400 million, ordinary profit of ¥2,500 million, profit attributable to owners of the parent of ¥1,700 million, and an ordinary profit margin on revenue of 5.2%. Actual results for the fiscal year ending March 2023 were revenue of ¥44,820 million, operating profit of ¥2,362 million, ordinary profit of ¥2,622 million, net income of ¥1,766 million, and a profit margin of 5.9%. - FY2023-Q3AdvancedAnnual report
「For the three-year period through the fiscal year ending March 2025, the Group newly formulated a medium-term management plan focused on recovering the earnings levels of its heavily pandemic-affected route bus and travel businesses and implementing business structure reforms to evolve into a “community development and town-building company.” It pursued key strategies including business expansion in priority areas and real estate investment to secure stable earnings.」
Under the medium-term management plan, it pursued key strategies including route expansion in central Kobe, recovery in chartered travel, and real estate investment. - FY2023-Q2AdvancedAnnual report
「In the current fiscal year, the first year of the medium-term management plan, the company expanded its businesses by adding routes in central Kobe, a priority area, and launching sightseeing loop bus operations. In the real estate segment, it pursued key strategies including the acquisition of new income-producing properties.」
For the new medium-term management plan through the fiscal year ending March 2025, it stated that the first year included route expansion in central Kobe, the launch of sightseeing loop bus operations, and the acquisition of new income-producing properties. - FY2023-Q1ReframedAnnual report
「Against this backdrop, the company established a three-year medium-term management plan through the fiscal year ending March 2025, based on the basic policy of “recovering earnings levels and reforming the business structure,” to restore the performance of its pandemic-affected route bus and travel businesses to pre-pandemic levels and review its business portfolio to withstand such risks.」
While carrying forward the previous medium-term plan, it established a three-year plan through the fiscal year ending March 2025 centered on recovering the performance of pandemic-affected businesses and reviewing the business portfolio to improve resilience to risk. - FY2021SoftenedAnnual report
「Fiscal 2021 numerical targets (when plan was formulated) Fiscal 2021 numerical targets (current) Consolidated revenue ¥48,000 million ¥41,100 million Consolidated operating profit ¥3,000 million ¥700 million Consolidated ordinary profit ¥3,100 million ¥1,020 million Profit attributable to owners of the parent ¥2,000 million ¥500 million Ordinary profit margin on revenue 6.5% 2.5% ROA (return on assets based on ordinary profit) 4.8% 1.8%」
In response to the COVID-19 pandemic, the fiscal 2021 final-year targets were substantially revised downward, including revenue from ¥48,000 million to ¥41,100 million and operating profit from ¥3,000 million to ¥700 million. - FY2020First-year target missed; final-year target unchangedAnnual report
「Progress toward the first-year numerical targets of the medium-term management plan had been steady, with results expected to exceed plan through the third quarter. Subsequently, however, the shortage of snow caused by an unusually warm winter and the major impact of the spread of COVID-19 resulted in revenue of ¥45,076 million, down ¥917 million, or 2.0%, and operating profit of ¥2,043 million, down ¥415 million, or 16.9%.」
For the first year of the fiscal 2019 medium-term management plan, revenue, operating profit, ordinary profit, net income, profit margin, and ROA fell short of plan. The numerical targets for fiscal 2021, however, were to remain unchanged. - FY2020-Q3RestatedAnnual report
「Against this backdrop, the company formulated a three-year medium-term management plan, which began in April 2019. Under the plan’s three basic policies—(1) selecting and concentrating businesses and reallocating management resources mainly to motor transport and real estate, positioned as core businesses, and travel and chartered services, positioned as growth businesses; (2) improving productivity through redefining businesses, collaboration across businesses, and operational improvements; and (3) promoting expansion into new areas in existing businesses—」
It has reaffirmed the reallocation of resources to core and growth businesses, business redefinition, productivity improvement, and expansion into new areas under the three-year medium-term management plan launched in April 2019. - FY2020-Q2RestatedAnnual report
「Against this backdrop, the company formulated a three-year medium-term management plan, which began in April this year. Under the plan’s three basic policies—(1) selecting and concentrating businesses and reallocating management resources mainly to motor transport and real estate, positioned as core businesses, and travel and chartered services, positioned as growth businesses; (2) improving productivity through redefining businesses, collaboration across businesses, and operational improvements; and (3) promoting expansion into new areas in existing businesses—」
It has reaffirmed that the new three-year medium-term management plan began in April and that its basic policies are reallocating resources to core and growth businesses, redefining businesses, improving productivity, and expanding into new areas. - FY2020-Q1RestatedAnnual report
「Against this backdrop, the company formulated a medium-term management plan beginning this fiscal year, positioning motor transport and real estate as core businesses and chartered travel as a growth business, and pursued business development with a focus on these businesses.」
It has reaffirmed its policy, under the medium-term management plan launched in fiscal 2019, of focusing on motor transport and real estate as core businesses and chartered travel as a growth business. - FY2019ReframedAnnual report
「The results of the Eighth Medium-Term Management Plan, which ended in fiscal 2018, are as follows.」
The Eighth Medium-Term Management Plan ended with all numerical targets for revenue, operating profit, ordinary profit, net income, profit margin, and ROA unmet. In response, a new medium-term plan was launched for fiscal 2019 through fiscal 2021, with targets for fiscal 2021 of revenue of ¥48,000 million, operating profit of ¥3,000 million, ordinary profit of ¥3,100 million, profit attributable to owners of the parent of ¥2,000 million, an ordinary profit margin on revenue of 6.5%, and ROA of 4.8%. Motor transport and real estate were positioned as core businesses, while chartered travel was positioned as a growth business, with efforts to reallocate management resources and take other measures. - FY2019-Q3RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have been implemented through three-year medium-term management plans since fiscal 1995, and it is currently midway through the Eighth Plan.」
It has reaffirmed its policy of diversifying exposure to external factors by expanding its business portfolio and operating the business based on three-year medium-term management plans. - FY2019-Q2RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have been implemented through three-year medium-term management plans since fiscal 1995, and it is currently midway through the Eighth Plan.」
It is midway through the Eighth Medium-Term Management Plan and continues to diversify exposure to external factors by expanding its business portfolio. - FY2019-Q1RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have been implemented through three-year medium-term management plans since fiscal 1995, and it is currently midway through the Eighth Plan.」
It has reaffirmed that it is midway through the Eighth Medium-Term Management Plan and continues to diversify risk by expanding its business portfolio. - FY2018SoftenedAnnual report
「The Eighth Medium-Term Management Plan set the following numerical targets for fiscal 2018, its final year. Consolidated revenue for fiscal 2018 is expected to be ¥45.8 billion, down ¥700 million, or 1.5%, from the plan. Although newly established routes and increased commuter traffic in the motor transport business, as well as higher maintenance demand in the vehicle sales and maintenance business, are expected to exceed plan, revenue is expected to fall short because of the withdrawal from unprofitable food manufacturing and sales outlets in the leisure services business.」
For the final year of the Eighth Medium-Term Management Plan, it stated that forecasts for consolidated revenue, operating profit, ordinary profit, net income, ordinary profit margin, and ROA were expected to fall below plan. In particular, consolidated operating profit was expected to be ¥2.2 billion versus the ¥3.1 billion plan, and ordinary profit ¥2.4 billion versus the ¥3.3 billion plan. - FY2018-Q3RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have been implemented through three-year medium-term management plans since fiscal 1995,」
It has reaffirmed its policy of diversifying exposure to external factors by expanding its business portfolio and operating the business based on three-year medium-term management plans. - FY2018-Q2RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have been implemented through three-year medium-term management plans since fiscal 1995,」
It has reaffirmed its policy of diversifying exposure to external factors by expanding its business portfolio and operating the business based on three-year medium-term management plans. - FY2018-Q1RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have been implemented through three-year medium-term management plans since fiscal 1995,」
It has reaffirmed its policy of diversifying risk by expanding its business portfolio and operating the business based on three-year medium-term management plans. - FY2017RestatedAnnual report
「The numerical targets for fiscal 2018 were set as follows: fiscal 2018 consolidated revenue of ¥46.5 billion, consolidated operating profit of ¥3.1 billion, consolidated ordinary profit of ¥3.3 billion, profit attributable to owners of the parent of ¥2.1 billion, ordinary profit margin of 7.1%, and ROA (return on assets based on ordinary profit) of 5.5%.」
The Eighth Medium-Term Management Plan specified numerical targets through fiscal 2018. The plan’s basic policy itself remained unchanged, and no specific milestones toward achieving the targets were stated. - FY2017-Q3RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have been implemented through three-year medium-term management plans since fiscal 1995,」
It has reaffirmed its policy of diversifying exposure to external factors by expanding its business portfolio and operating the business based on three-year medium-term management plans. - FY2017-Q2RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have also been implemented through three-year medium-term management plans since fiscal 1995.」
It has reiterated its policy of continuing to expand its business portfolio and diversify risk under three-year medium-term management plans. - FY2017-Q1RestatedAnnual report
「It aims to continue this policy and diversify the risk of management instability arising from external factors by expanding its business portfolio. Its business plans have also been implemented through three-year medium-term management plans since fiscal 1995.」
It has reiterated its policy of continuing to expand its business portfolio and diversify exposure to external factors, based on its medium-term management plan. - FY2016First statedAnnual report
「Under the Eighth Medium-Term Management Plan, the company will pursue two basic policies to achieve sustainable growth through business portfolio optimization: “improving profit margins by strengthening the business foundations of existing areas and mature businesses” and “actively investing in growth areas and growth businesses.”」
Based on the three-year medium-term management plan, it will pursue higher profitability in mature businesses while investing in growth areas.