Staying Ahead 2022 with Digitalization and Green
First written in FY2018. 10 of 14 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Under its business investment plan, the Company will increase planned business investment through fiscal 2026 from approximately ¥1.2 trillion, as envisaged when the medium-term management plan was formulated, to approximately ¥1.6 trillion. As of the end of the consolidated fiscal year, investment projects totaling approximately ¥1.3 trillion had been approved during the medium-term plan period.」
The business investment plan for the medium-term management plan period was raised further, from approximately ¥1.4 trillion to approximately ¥1.6 trillion, with approved projects totaling approximately ¥1.3 trillion. - FY2024AdvancedAnnual report
「Fiscal 2023 results Net income ¥228.6 billion Medium-term targets (around 2026) ¥200-300 billion ROIC 8.3% 6.5% or more ROE 8.9% 8.0-10.0%」
As the first-year results under the new medium-term management plan, the Company disclosed net income of ¥228.6 billion, ROIC of 8.3%, and ROE of 8.9%, all within or above the respective target ranges for around 2026. - FY2023-Q3AdvancedAnnual report
「As a result, the interest-bearing debt-to-equity ratio (D/E ratio) was 0.30, while the equity ratio was 63.8%.」
The results exceeded the medium-term plan's financial targets of a D/E ratio of no more than 1.50 and an equity ratio of at least 30.0% by an even wider margin. - FY2023-Q2AdvancedAnnual report
「As a result, the interest-bearing debt-to-equity ratio (D/E ratio) was 0.35, while the equity ratio was 62.0%.」
The results exceeded the medium-term plan's financial targets of a D/E ratio of no more than 1.50 and an equity ratio of at least 30.0% by an even wider margin. - FY2023-Q1AdvancedAnnual report
「As a result, the interest-bearing debt-to-equity ratio (D/E ratio) was 0.43, while the equity ratio was 56.6%.」
The results exceeded the medium-term plan's financial targets of a D/E ratio of no more than 1.50 and an equity ratio of at least 30.0% by an even wider margin. - FY2022AdvancedAnnual report
「Fiscal 2021 results Medium-term targets (around 2022) Ordinary profit or loss ¥1,003.1 billion ¥70-100 billion ROE 86.0% min. 8.0% Equity ratio 55.6% min. 30.0% D/E ratio 0.47x 1.50x or less」
Fiscal 2021 results exceeded the target levels for all of the ordinary profit, ROE, equity ratio, and D/E ratio targets for around 2022 under Staying Ahead 2022. - FY2022-Q3AdvancedAnnual report
「Interest-bearing debt decreased by ¥83.6 billion to ¥867.4 billion, mainly due to a decrease in long-term borrowings and other items. Total liabilities also decreased by ¥82.5 billion from the end of the previous consolidated fiscal year to ¥1.3755 trillion. As a result, the interest-bearing debt-to-equity ratio (D/E ratio) was 0.66, while the equity ratio was 48.0%.」
In relation to the medium-term plan's financial targets, the Company exceeded the target levels of a D/E ratio of no more than 1.50 and an equity ratio of at least 30.0% by an even wider margin. - FY2022-Q2AdvancedAnnual report
「As a result, the interest-bearing debt-to-equity ratio (D/E ratio) was 0.81, while the equity ratio was 43.1%.」
In relation to the medium-term plan's financial targets, the Company exceeded the target levels of a D/E ratio of no more than 1.50 and an equity ratio of at least 30.0% by an even wider margin. - FY2022-Q1AdvancedAnnual report
「As a result, the interest-bearing debt-to-equity ratio (D/E ratio) was 1.22, while the equity ratio was 34.2%.」
In relation to the financial targets under Staying Ahead 2022, the D/E ratio fell below the target of 1.50 or less, while the equity ratio exceeded the target of 30.0% or more. - FY2021AdvancedAnnual report
「Fiscal 2020 results Medium-term targets (around 2022) Ordinary profit or loss ¥215.3 billion ¥70-100 billion ROE 25.6% min. 8.0% Equity ratio 29.4% min. 30.0% D/E ratio 1.52x 1.50x or less」
Against the medium-term plan's targets for around 2022, ordinary profit and ROE exceeded the target levels, while the equity ratio and D/E ratio also moved closer to their targets. - FY2021-Q3AdvancedAnnual report
「As a result, the interest-bearing debt-to-equity ratio (D/E ratio) was 1.97, while the equity ratio was 25.5%.」
The financial metrics were a D/E ratio of 1.97 and an equity ratio of 25.5%. Both improved from the end of the previous fiscal year toward the medium-term targets of a D/E ratio of no more than 1.50 and an equity ratio of at least 30.0%, although a gap with the target levels remained. - FY2020Comparison of fiscal 2019 results with the medium-term targetsAnnual report
「Fiscal 2019 results Medium-term targets (around 2022) Ordinary profit or loss ¥44.4 billion ¥70-100 billion ROE 6.6% min. 8.0% Equity ratio 23.9% min. 30.0% D/E ratio 2.27x 1.50x or less」
For fiscal 2019 results under Staying Ahead 2022, the Company disclosed ordinary profit of ¥44.4 billion, ROE of 6.6%, an equity ratio of 23.9%, and a D/E ratio of 2.27x, comparing each with the relevant medium-term target. - FY2019Comparison of fiscal 2018 results with the medium-term targetsAnnual report
「FY2018 actual: Medium-term target (around 2022) Ordinary income (loss): △¥2.0 billion; ¥70.0–100.0 billion ROE: △8.6%; min. 8.0% Equity ratio: 24%; min. 30.0% D/E ratio: 2.15x; 1.50x or lower」
For fiscal 2018 results under Staying Ahead 2022, the Company disclosed ordinary profit or loss, ROE, the equity ratio, and the D/E ratio. - FY2018First statedAnnual report
「In March 2018, the Company formulated a new medium-term management plan, “Staying Ahead 2022 with Digitalization and Green.” Its basic strategies are ① optimizing the business portfolio, ② building up businesses with stable freight rates, and ③ improving efficiency and creating new value, and the Company will make every effort to achieve long-term growth in corporate value.」
As a new five-year plan starting in April 2018, the Company established business portfolio optimization, stable-earnings businesses, and efficiency improvements and value creation as its three basic strategies. It also set targets for around 2022, including ordinary profit of ¥70-100 billion, ROE of at least 8.0%, an equity ratio of at least 30.0%, and a D/E ratio of no more than 1.50.