Targets for revenue, operating income, operating cash flow and ROE for the fiscal year ending March 2018
First written in FY2016. 1 of 5 entries say "Softened", first in FY2018-Q2. Latest entry: FY2018.
1 other company's latest entry also says "Dropped".
- FY2018DroppedAnnual report
「Following the recognition of an impairment loss of ¥25.4 billion in the fiscal year ended March 2017, the Group formulated Medium-Term Management Plan 2017 in November 2017, covering the fiscal years ending March 2018 through March 2022.」
The numerical targets under MOVE 2015, which were due for the fiscal year ending March 2018, were not presented in this filing and had been replaced by the subsequent Medium-Term Management Plan 2017. - FY2018-Q3RestatedAnnual report
「On the other hand, due to changes in the external environment, delays in creating group synergies and delays in winning new business, the numerical targets set under MOVE 2015 have become difficult to achieve,」
The explanation that the MOVE 2015 numerical targets had become difficult to achieve continued. - FY2018-Q2SoftenedAnnual report
「Due to changes in the external environment, delays in creating group synergies and delays in winning new business, the numerical targets set under MOVE 2015 have become difficult to achieve,」
In addition to explaining the failure to achieve the MOVE 2015 numerical targets, the Group explicitly stated that achieving them had become difficult. - FY2017Disclosure of results for the final year of the plan (targets not achieved)Annual report
「As a result, consolidated operating revenue increased by ¥12,532 million year on year to ¥225,503 million, consolidated operating income increased by ¥2,535 million to ¥5,823 million, and consolidated ordinary income increased by ¥2,756 million to ¥3,668 million.」
After the deadline for the fiscal year ending March 2018, revenue was ¥225.5 billion, operating income was ¥5.8 billion, operating cash flow was ¥12.5 billion and ROE was negative 47.1%. None of the targets set in FY2016—revenue of ¥280 billion, operating income of ¥11 billion, operating cash flow of ¥20 billion and ROE above 8%—was achieved. - FY2016First statedAnnual report
「<Numerical targets for the fiscal year ending March 2018> Revenue: ¥280 billion; operating income: ¥11 billion; operating cash flow: ¥20 billion; ROE: above 8%.」
Four measurable targets were set for the fiscal year ending March 2018. The Group explained that operating income in the first year was below target.