Focus on operating profit and PDCA management
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2026.
Toho moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2020: 14 of 68 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Our Group places importance on operating profit and ROE as metrics for assessing progress toward management targets. We seek to establish well-balanced numerical targets from both perspectives: operating profit, which indicates the earning power and profitability of the core business, and ROE, which indicates the capital efficiency of management as a whole.」
The previous policy of placing the greatest emphasis on operating profit was broadened to focus on both profitability and capital efficiency by presenting operating profit and ROE together. - FY2022RestatedAnnual report
「Our Group places the greatest importance on operating profit as the metric used to assess progress toward management targets.」
The policy of making operating profit the central metric of management performance was reaffirmed under the new long-term vision and medium-term management plan. - FY2018First statedAnnual report
「Our Group places operating profit at the center of the metrics it considers important as a measure of management performance. We will operate a PDCA management cycle across the Group from both the revenue and cost perspectives, aiming to steadily build operating profit.」
The Company explicitly stated its policy of using operating profit as the key performance metric and managing the Group-wide PDCA cycle from both the revenue and cost perspectives.