Risk of Failure to Meet Assumptions Underlying the Mid-Term Management Plan
First written in FY2018. 2 of 7 entries say "Restated". Latest entry: FY2026.
Sg Holdings moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 2 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the consolidated fiscal year, some parts of the global logistics business fell behind plan, partly due to the impact of U.S. trade policy and geopolitical risks. In the delivery business, however, certain results were achieved, including exceeding the parcel-volume target ahead of schedule as cross-border e-commerce grew, one of the designated growth areas.」
Regarding the risk of failing to meet the assumptions underlying the medium-term management plan, actual delays against plan occurred in some parts of the global logistics business, while the parcel-volume target for cross-border e-commerce was achieved ahead of schedule. - FY2025ReframedAnnual report
「A new medium-term management plan, SGH Story 2027, has been formulated for the period from the fiscal year ending March 2026 through the fiscal year ending March 2028. The basic policies of the new medium-term management plan are to advance total logistics and expand the foundations of global logistics」
The assumptions underlying the risk of failing to meet the plan's targets have shifted from SGH Story 2024 to SGH Story 2027, carrying forward the risk into a new plan based on domestic services, global logistics, management resources and sustainability. - FY2024WorsenedAnnual report
「The earnings forecast for the fiscal year ending March 2025 has been reduced from the numerical targets originally set for the final year of the medium-term management plan.」
In connection with the risk of failing to meet the assumptions underlying the medium-term management plan, the earnings forecast for the final year was reduced to a level below the original numerical targets. - FY2023RestatedAnnual report
「However, this medium-term management plan is based on various assumptions, including average prices and volumes handled in the delivery business, personnel and outsourcing costs, and foreign exchange rates and ocean and air freight rates in the logistics business. If these assumptions do not develop as expected, the targets set out in the plan may not be achieved」
The risk of failing to meet the SGH Story 2024 plan's targets, including its dependence on assumptions regarding average prices, volumes handled, personnel and outsourcing costs, foreign exchange rates, and ocean and air freight rates, continues to be disclosed. - FY2022ReframedAnnual report
「However, this medium-term management plan is based on various assumptions, including average prices and volumes handled in the delivery business, personnel and outsourcing costs, and foreign exchange rates and ocean and air freight rates in the logistics business. If these assumptions do not develop as expected, the targets set out in the plan may not be achieved」
The scope of the risk of failing to meet the plan's targets has shifted from Second Stage 2021 to the assumptions underlying the new medium-term management plan, SGH Story 2024, including average prices, volumes handled, personnel and outsourcing costs, foreign exchange rates and freight rates. - FY2021RestatedAnnual report
「However, this medium-term management plan is based on various assumptions, including growth in customer demand such as the expansion of e-commerce, average prices and parcel volumes in the delivery business, and personnel and outsourcing costs. If these assumptions do not develop as expected, the targets set out in the plan may not be achieved」
The risk that Second Stage 2021's targets depend on assumptions regarding e-commerce demand, average prices, parcel volumes, personnel costs and outsourcing costs, among others, continues to be disclosed. - FY2018First statedAnnual report
「This medium-term management plan is based on various assumptions, including growth in customer demand such as the expansion of e-commerce, average prices and parcel volumes in the delivery business, and personnel and outsourcing costs. If these assumptions do not develop as expected, the targets set out in the plan may not be achieved」
The disclosure indicates that the medium-term plan's targets depend on assumptions regarding e-commerce, average prices, parcel volumes, personnel costs and outsourcing costs, among others.