Komori
Tokyo Gas (9531) · TargetAdvanced

Targets of approximately 4% ROA and 8% ROE for fiscal 2020

First written in FY2017-Q1. 21 of 29 entries say "Restated". Latest entry: FY2026.

29entries
11years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2020-Q3RestatedFY2021-Q1 – FY2023-Q32016: 220162017: 320172018: 320182019: 420192020: 420202021: 320212022: 120222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies
Improving Profitability and Capital Efficiency through Operating Profit Margin, ROA, and ROEA theme 47 companies write about · 1 as a headwind · 47 as a tailwind

The whole theme swung hardest in 2019: 6 of 35 companies on the "Worse" side.

10 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 47 companies compared. The sentences above are computed from all 47.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「FY2025 results | ROIC | 6.3% | ROE | 13.2% | FY2028 (medium-term management plan) | ROIC | 5% | ROE | 9%」

    While setting FY2028 targets of 5% ROIC and 9% ROE, the company disclosed FY2025 results of 6.3% ROIC and 13.2% ROE.
  2. FY2026-H1ReframedAnnual report

    「The company will make individual investment decisions with due consideration for the risks and profitability associated with investments, while working to maintain and improve investment efficiency and make effective use of shareholders’ equity. It will also improve capital efficiency through investments and asset sales that take earning power into account. Specifically, it has designated ROIC (return on invested capital) and ROE (return on equity) as key management indicators, set FY2028 targets of 5% for ROIC and 9% for ROE, and will work to achieve them.」

    The company shifted its indicators from the previous ROA and ROE targets to ROIC and ROE targets and changed the target year to FY2028. The ROE target was raised from approximately 8% to 9%.
  3. FY2025-H1RestatedAnnual report

    「The company will make individual investment decisions with due consideration for the risks and profitability associated with investments, while working to maintain and improve investment efficiency and make effective use of shareholders’ equity. It will also improve asset efficiency through investments and asset sales that take earning power into account. Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set FY2025 targets of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company continues to target improved asset efficiency through investments and asset sales, as well as FY2025 targets of approximately 4% ROA and approximately 8% ROE.
  4. FY2024AdvancedAnnual report

    「FY2023 results | ROA | 4.5% | ROE | 10.4% | FY2025 (medium-term management plan) | ROA | approximately 4% | ROE | approximately 8%」

    While continuing to target approximately 4% ROA and approximately 8% ROE in FY2025, the company reported FY2023 results of 4.5% ROA and 10.4% ROE.
  5. FY2024-Q1RestatedAnnual report

    「The company will make individual investment decisions with due consideration for the risks and profitability associated with investments, while working to maintain and improve investment efficiency and make effective use of shareholders’ equity. It will also improve asset efficiency through investments and asset sales that take earning power into account. Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set FY2025 targets of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company continues to target improved asset efficiency through investments and asset sales, as well as FY2025 targets of approximately 4% ROA and approximately 8% ROE.
  6. FY2023ReframedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set FY2025 targets of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    While maintaining the ROA target of approximately 4% and the ROE target of approximately 8%, the company changed the target year from FY2022 to FY2025 and incorporated the targets into the asset-efficiency objectives of the new medium-term management plan.
  7. FY2023-Q3RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2022 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company continues, without change, to target capital efficiency of approximately 4% ROA and approximately 8% ROE in FY2022.
  8. FY2022RestatedAnnual report

    「FY2021 results FY2022 (medium-term management plan) ROA 3.0% approximately 4% ROE 7.5% approximately 8%」

    The company continues to target approximately 4% ROA and approximately 8% ROE in FY2022 and disclosed FY2021 results of 3.0% ROA and 7.5% ROE.
  9. FY2022-Q2RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2022 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company continues, without change, to target capital efficiency of approximately 4% ROA and approximately 8% ROE in FY2022.
  10. FY2021RestatedAnnual report

    「FY2020 results | FY2022 (medium-term management plan) | ROA | 1.9% | approximately 4% | ROE | 4.3% | approximately 8%」

    The company continues to target approximately 4% ROA and approximately 8% ROE in FY2022 and disclosed FY2020 results of 1.9% ROA and 4.3% ROE.
  11. FY2021-Q3RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2022 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company continues, without change, to target approximately 4% ROA and approximately 8% ROE in FY2022.
  12. FY2021-Q2RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2022 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company continues, without change, to target approximately 4% ROA and approximately 8% ROE in FY2022.
  13. FY2021-Q1RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2022 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2022 targets of approximately 4% for ROA and approximately 8% for ROE.
  14. FY2020ReframedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2022 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    While maintaining the ROA target of approximately 4% and the ROE target of approximately 8%, the company changed the target year from FY2020 to FY2022 in line with the medium-term management plan.
  15. FY2020-Q3RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  16. FY2020-Q2RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  17. FY2020-Q1RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  18. FY2019RestatedAnnual report

    「The company set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE and will work to achieve them.」

    The company continues to target approximately 4% ROA and approximately 8% ROE in FY2020. It also disclosed FY2018 results of 3.6% ROA and 7.4% ROE and provided a comparison with the targets.
  19. FY2019-Q3RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  20. FY2019-Q2RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  21. FY2019-Q1RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE, as well as its policy of emphasizing investment efficiency and the effective use of shareholders’ equity.
  22. FY2018-Q3RestatedAnnual report

    「The company will make individual investment decisions with due consideration for the risks and profitability associated with investments, while working to maintain and improve investment efficiency and make effective use of shareholders’ equity. Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE, as well as its approach of emphasizing investment profitability and capital efficiency.
  23. FY2018-Q2RestatedAnnual report

    「The company will make individual investment decisions with due consideration for the risks and profitability associated with investments, while working to maintain and improve investment efficiency and make effective use of shareholders’ equity. Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE, as well as its approach of emphasizing investment profitability and capital efficiency.
  24. FY2018-Q1RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  25. FY2017-Q3RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  26. FY2017-Q2RestatedAnnual report

    「Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has reiterated, without change, its FY2020 targets of approximately 4% for ROA and approximately 8% for ROE.
  27. FY2017-Q1First statedAnnual report

    「The company will make individual investment decisions with due consideration for the risks and profitability associated with investments, while working to maintain and improve investment efficiency and make effective use of shareholders’ equity. Specifically, it has designated ROA (return on assets) and ROE (return on equity) as key management indicators, set targets for FY2020 of approximately 4% for ROA and approximately 8% for ROE, and will work to achieve them.」

    The company has set ROA and ROE targets for FY2020, using the profitability and risk management of individual investments as the means of achieving them.
Moved together

"Shareholder distributions targeting a total payout ratio of around 60% through fiscal 2020" moved the same way as this thread, in the same document, in 6 of its 29 moves.

643333★123456
  1. ★This thread
  2. 1Shareholder distributions targeting a total payout ratio of around 60% through fiscal 20206×
  3. 2Next-Generation Energy Systems and Three Challenges under Compass20304×
  4. 3Growth investment to enhance the LNG value chain3×
  5. 4Accelerating global expansion3×
  6. 5Sustainable Growth and Enhancement of Corporate Value Based on the Challenge 2020 Vision3×
  7. 6Gradually increasing dividends in line with growth while maintaining stable payouts3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tokyo Gas's next results are scheduled for 2026-10-29. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-05-26: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Targets of approximately 4% ROA and 8% ROE for fiscal 2020 | TOKYO GAS CO.,LTD. (9531) | Komori