Recovery Plan for Operating Revenue, Profit and Operating Cash Flow in the Following Period
First written in FY2017. 4 of 12 entries say "Raised", first in FY2018. Latest entry: FY2026.
Mitsui-Soko Holdings moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 2 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Cargo movement in the logistics business has bottomed out and is expected to gradually recover, while the Company also anticipates expansion of new operations, and therefore plans higher revenue. For air transportation, it plans for solid cargo volume and expects air freight rates to remain at the same level as in the fiscal year ending March 2026.」
For the next fiscal year, the Company forecasts operating revenue of ¥316,000 million, operating profit of ¥23,000 million and net income attributable to owners of the parent of ¥12,500 million, raising its outlook from the previous fiscal year toward higher revenue and profit. - FY2024SoftenedAnnual report
「Operating revenue 260,593 275,000 14,406 5.5% Operating profit 20,754 15,000 △5,754 △27.7% Ordinary profit 21,010 14,200 △6,810 △32.4% Net income attributable to owners of the parent 12,107 8,500 △3,607 △29.8%」
Although operating revenue is expected to increase to ¥275,000 million, the forecast calls for operating profit of ¥15,000 million, ordinary profit of ¥14,200 million and net income attributable to owners of the parent of ¥8,500 million, all lower than the previous fiscal year. - FY2022ReframedAnnual report
「As a result, the Company expects consolidated operating revenue of ¥290,000 million for the next fiscal year, down 3.7% year on year; operating profit of ¥21,000 million, down 19.0%; ordinary profit of ¥20,300 million, down 20.6%; and net income attributable to owners of the parent of ¥11,800 million, down 18.6%. Operating cash flow is expected to be ¥26,000 million, based on the retention of funds from net income for the next fiscal year, depreciation and amortization, and amortization of goodwill.」
The Company moved from the recovery plan under the previous medium-term plan to the earnings outlook for the first year of the new medium-term plan. While it expects profit to decline as exceptional factors related to air transportation and freight rates subside following supply chain disruptions, the forecast incorporates a full-year contribution from newly established warehouses and investment in digital transformation. - FY2021RaisedAnnual report
「For the next fiscal year, the Company expects consolidated operating revenue of ¥237,000 million, down 6.5% year on year; operating profit of ¥13,200 million, down 25.3%; ordinary profit of ¥12,500 million, down 27.5%; and net income attributable to owners of the parent of ¥7,600 million, down 34.2%.」
The earnings plan for the next fiscal year sets operating revenue at ¥237,000 million, operating profit at ¥13,200 million, ordinary profit at ¥12,500 million and net income attributable to owners of the parent at ¥7,600 million. The operating profit forecast has been raised from the previous forecast of ¥10,700 million. - FY2021-Q1RaisedAnnual report
「Full-year earnings forecast as of the date of submission of the Annual Securities Report 85 COVID-19 impact (first half) Variance in handling volume (initial forecast: △¥2,700 million; outlook: △¥1,800 million) ＋9 Transportation generated by the resumption of customers’ production activities, etc. ＋7 Lower-than-expected SG&A and other expenses ＋6 COVID-19 impact (second half) Expected decline in handling volume due to the revised assumptions regarding the COVID-19 impact outlook △8 Business factors Higher-than-expected handling volume for consumer electronics in domestic manufacturers’ logistics, etc. ＋8 Full-year earnings forecast under this revision 107」
The full-year operating profit forecast was raised from ¥8,500 million to ¥10,700 million. At the same time, the assumption regarding the duration of the COVID-19 impact was changed from “through the end of September” to “through the end of March 2021,” incorporating a decline in handling volume in the second half. - FY2020SoftenedAnnual report
「Based on these expectations, the Company projects consolidated operating revenue of ¥220,000 million for the next fiscal year, down 8.7% year on year; operating profit of ¥8,500 million, down 28.0%; ordinary profit of ¥7,900 million, down 25.0%; and net income attributable to owners of the parent of ¥4,800 million, down 24.9%.」
The outlook has been lowered from the plan for the next fiscal year presented in the previous fiscal year to operating revenue of ¥220,000 million, operating profit of ¥8,500 million, ordinary profit of ¥7,900 million and net income attributable to owners of the parent of ¥4,800 million. The plan assumes sluggish cargo movement due to the COVID-19 pandemic. - FY2019AchievedAnnual report
「In the current consolidated fiscal year, the second year of the plan, operating profit was ¥11,986 million, up ¥4,990 million year on year; interest-bearing debt was ¥142,471 million, down ¥15,133 million; the net debt-to-equity ratio was 2.51x, an improvement of 0.49 points; and ROE was 11.4%, an improvement of 0.7 percentage points.」
Compared with the previously presented recovery plan for the next fiscal year of operating profit of ¥7,500 million, ordinary profit of ¥6,400 million and net income of ¥3,800 million, actual results exceeded each profit target. For the next fiscal year, the Company expects operating revenue of ¥238,000 million, operating profit of ¥10,000 million, ordinary profit of ¥8,900 million and net income attributable to owners of the parent of ¥5,700 million. - FY2019-Q3RestatedAnnual report
「There have been no significant changes in the issues that the Group, comprising the Company and its affiliates, must address during the first nine months of the current consolidated fiscal year.」
No material changes have been identified in the issues to be addressed, including strengthening business earnings power and rebuilding the financial base. - FY2018RaisedAnnual report
「For the next fiscal year, we expect consolidated operating revenue of ¥230,000 million, down 1.4% year on year; operating profit of ¥7,500 million, up 7.2%; ordinary profit of ¥6,400 million, down 1.9%; and net income attributable to owners of the parent of ¥3,800 million, down 13.8%. Operating cash flow is expected to be ¥14,000 million, based on the increase in operating profit, depreciation and amortization, and the retention of funds from amortization of goodwill.」
The plan for the next fiscal year has been revised from operating revenue of ¥225,000 million, operating profit of ¥6,500 million, ordinary profit of ¥5,500 million, net income of ¥3,100 million and operating cash flow of ¥13,500 million to operating revenue of ¥230,000 million, operating profit of ¥7,500 million, ordinary profit of ¥6,400 million, net income of ¥3,800 million and operating cash flow of ¥14,000 million. - FY2018-Q2ReframedAnnual report
「In November this year, we formulated a new five-year plan, the Medium-Term Management Plan 2017. Under this plan, we will take business risks fully into account and steadily implement specific measures, completing the turnaround in the first 3 years, including the fiscal year ending March 2018, and linking this to sustainable growth over the remaining 2 years.」
The timeframe and framework were restructured from the previous one-year recovery plan for the next fiscal year to a five-year plan aimed at completing the turnaround in the first 3 years, including the fiscal year ending March 2018, and achieving sustainable growth over the remaining 2 years. - FY2018-Q1RestatedAnnual report
「There have been no significant changes in the issues that the Group, comprising the Company and its affiliates, must address during the first quarter of the current consolidated fiscal year.」
No material changes have been identified in the issues to be addressed, including strengthening business earnings power and rebuilding the financial base. - FY2017First statedAnnual report
「Against this backdrop, the Group is pursuing initiatives to strengthen its business earnings power, its highest priority, and rebuild its financial base. It expects consolidated operating revenue of ¥225,000 million, down 0.2% year on year; operating profit of ¥6,500 million, up 11.6%; ordinary profit of ¥5,500 million, up 49.9%; and net income attributable to owners of the parent of ¥3,100 million, compared with a loss of ¥2,342.7 million in the previous fiscal year. Operating cash flow is expected to be ¥13,500 million, based on the retention of funds from net income for the next fiscal year, depreciation and amortization, and amortization of goodwill.」
The Company presented a recovery plan for the next fiscal year targeting operating revenue of ¥225,000 million, operating profit of ¥6,500 million, ordinary profit of ¥5,500 million, net income attributable to owners of the parent of ¥3,100 million and operating cash flow of ¥13,500 million.