Shareholder Return Metric Using TSR as a Benchmark
First written in FY2020-Q1. 7 of 24 entries say "Restated". Latest entry: 2026-10-29.
0 other companies' latest entry also says "Reframed".
- 2026-10-29ReframedEarnings
「TSR is evaluated using the end of March 2022 as the base date (100%), and its progression is as follows.」
The TSR base date was changed from the end of March 2021 to the end of March 2022. As of the end of September 2026, the company's TSR was 126.2%, compared with a peer-company average of 145.8%. - FY2026.Annual report
「End of March 2026 Company 134.0% Peer average 112.5%」
As of the end of March 2026, with the end of March 2021 set at 100%, the company's TSR was 134.0% versus the peer average of 112.5%, changing from below the industry average through the previous fiscal year to above it. - 2026-05-13Cited as achievedEarnings
「During the consolidated fiscal year under review, it exceeded the industry average.」
TSR was 134.0% as of the end of March 2026, exceeding the peer-group average of 112.5%. - FY2026-H1.Annual report
「End of September 2025 Company 122.9% Peer average 130.1%」
As of the end of September 2025, with the end of March 2021 set at 100%, the company's TSR was 122.9% versus the peer average of 130.1%. The company continued to explain that its TSR was below the industry average and that the decline in EPS due to development costs for HULFT Square and other products was a contributing factor. - FY2025.Annual report
「The Group's TSR has remained below the industry average. One factor is that the Group's share price at the end of March 2020, the base date for the evaluation period, was relatively high. In addition, EPS has remained at a low level due to investment in the development of HULFT Square and other products, which the Group believes has pushed down its share price and TSR.」
As of the end of March 2025, with the end of March 2020 set at 100%, the company's TSR was 134.9% versus the peer average of 176.2%, and the company continued to explain its underperformance against the industry average and the factors behind it. - FY2025-H1.Annual report
「The evaluation period is measured from the end of March 2020 as the base date (100%), and its trend is shown below. End of March 2021 End of March 2022 End of March 2023 End of March 2024 End of September 2024 Company 134.7% 125.4% 126.7% 141.8% 133.6% Peer average※ 170.2% 149.2% 147.1% 173.9% 167.4%」
The TSR evaluation base changed from the previous end of March 2019 to the end of March 2020. As of the end of September 2024, the company's TSR was 133.6% versus the peer average of 167.4%. The company explained the decline in EPS resulting from investment in HULFT Square and other products and its impact on the share price and TSR. - FY2024.Annual report
「End of March 2024 Company 169.1% Peer average 150.8% The Group's TSR has remained above the industry average.」
As of the end of March 2024, with the end of March 2019 set at 100%, the company's TSR was 169.1% versus the peer average of 150.8%, exceeding the industry average. - FY2024-Q3.Annual report
「The evaluation period is measured from the end of March 2019 as the base date (100%), and its trend is shown below. End of December 2023 Company 160.9% Peer average 136.6% The Group's TSR has remained above the industry average.」
As of the end of December 2023, with the end of March 2019 set at 100%, the company's TSR was 160.9% versus the peer average of 136.6%, remaining above the industry average. - FY2024-Q2.Annual report
「End of September 2023 Company 164.3% Peer average 134.0% The company's TSR has remained above the industry average.」
As of the end of September 2023, with the end of March 2019 set at 100%, the company's TSR was 164.3% versus the peer average of 134.0%, remaining above the industry average. - FY2024-Q1.Annual report
「The evaluation period is measured from the end of March 2019 as the base date (100%), and its trend is shown below. End of June 2023 Company 152.4% Peer average 134.5% The company's TSR has remained well above the industry average.」
The TSR evaluation base changed from the end of March 2018 to the end of March 2019. As of the end of June 2023, the company's TSR was 152.4% versus the peer average of 134.5%, and the company disclosed that it remained above the industry average. - FY2023.Annual report
「The company's TSR evaluation has been below the benchmark since the end of March 2021. This is presumably because investment in development of HULFT Square and other products has reduced EPS (earnings per share), which has pushed down the company's share price.」
The company maintained its policy of using TSR as a management metric for shareholder returns. As of the end of March 2023, the company's TSR was 125.94% versus the peer average of 131.85%, and it explained that the lower TSR was attributable to the decline in EPS resulting from investment in HULFT Square and other products. - FY2023-Q3Continued performance below the benchmarkAnnual report
「End of December 2022 Company 118.21% Peer average 122.61% The company's TSR has been below the TSR used as its benchmark since the end of March 2021.」
As of the end of December 2022, with the end of March 2018 set at 100%, the company's TSR was 118.21% versus the peer average of 122.61%, and it remained below the benchmark. - FY2023-Q2Continued performance below the benchmarkAnnual report
「End of September 2022 Company 116.87% Peer average 120.05% The company's TSR has been below the TSR used as its benchmark since the end of March 2021.」
As of the end of September 2022, with the end of March 2018 set at 100%, the company's TSR was 116.87% versus the peer average of 120.05%, and it remained below the benchmark. - FY2023-Q1.Annual report
「The evaluation period is measured from the end of March 2018 as the base date (100%). Until the previous fiscal year, the evaluation period was fixed from the end of March 2016 to cover the period following the major loss caused by delays to a large-scale, long-term project. However, having overcome this situation and made progress in transforming its business model, including the release of HULFT Square to early users during the three months ended June 2022, the company will change the base date from the three months ended June 2022 to the end of the fifth preceding fiscal year, in line with its Annual Securities Report. The company's TSR has been below the TSR used as its benchmark since the end of March 2021.」
The TSR evaluation base changed from the fixed end-March 2016 date to the end of the fifth preceding fiscal year, with progress in transforming the business model, including the release of HULFT Square to early users, cited as the reason for the change. Following the change, the company's TSR remains below the benchmark. - FY2022TSR exceeds the benchmarkAnnual report
「Peer average 126.1% 182.2% 184.3% 168.3% 249.8% 233.1% Company 160.7% 190.8% 158.0% 189.7% 255.4% 237.9%」
For the fiscal year ending March 2022, the company's TSR was 237.9% versus the peer average of 233.1%, changing from below the benchmark through the previous fiscal year to above it. - FY2022-Q3Continued performance below the benchmarkAnnual report
「The company's TSR as of the end of December 2021 was below the TSR used as its benchmark. This is presumably because the company's share price declined slightly since the end of March 2021, while stocks related to DX demand and other areas amid the COVID-19 pandemic pushed up the TSR of the industry group to which the company belongs.」
The company explained that its TSR as of the end of December 2021 was below the benchmark, citing the decline in its share price since the end of March 2021 and the rise in industry TSR driven by stocks related to DX demand. - FY2022-Q2Continued performance below the benchmarkAnnual report
「The company's TSR as of the end of September 2021 was below the TSR used as its benchmark. This is presumably because the company's share price declined slightly since the end of March 2021, while stocks related to DX demand and other areas amid the COVID-19 pandemic pushed up the TSR of the industry group to which the company belongs.」
The company's TSR as of the end of September 2021 was below the benchmark, with the factors cited being the slight decline in its share price since the end of March 2021 and the rise in industry TSR driven by stocks related to DX demand. - FY2022-Q1Continued performance below the benchmarkAnnual report
「The company's TSR as of the end of June 2021 was below the TSR used as its benchmark. This is presumably because the company's share price declined slightly since the end of March 2021, while stocks related to DX demand and other areas amid the COVID-19 pandemic pushed up the TSR of the industry group to which the company belongs.」
The company explained that its TSR as of the end of June 2021 was below the benchmark, citing the decline in its share price and the rise in industry TSR driven by stocks related to DX demand. - FY2021-Q3.Annual report
「The Group has adopted TSR as a management metric and benchmark target for delivering shareholder returns appropriate for a highly profitable company. The Group's business structure is balanced between systems development and operation and sales of proprietary packaged software, and it believes that few companies in the information technology industry have a similar business structure. Accordingly, its benchmark TSR is based on the TSR of domestic listed companies in the same industry group under GICS (Global Industry Classification Standard) as the company, namely Industry Group 4510: Software and Services, so as to include a certain number of listed companies and eliminate arbitrariness in the selection. The evaluation period is measured from the end of March 2016, and its trend is shown below.」
The company continues to use TSR as a benchmark target for shareholder returns and to disclose comparisons with domestic listed companies in the same GICS industry group, using an evaluation method based on the end of March 2016. - FY2021-Q2Explaining performance below the benchmarkAnnual report
「The company's TSR as of the end of September 2020 was below the TSR used as its benchmark. This is presumably because the company's share price edged up only slightly since the end of June, while stocks related to IT demand and administrative digitalisation amid the COVID-19 pandemic pushed up the TSR of the industry group to which the company belongs.」
The company reported that its TSR as of the end of September 2020 was below the benchmark and described the factors behind this. - FY2020.Annual report
「(TSR benchmark) Fiscal year ending March 2017 Fiscal year ending March 2018 Fiscal year ending March 2019 Fiscal year ending March 2020 Peer average 126.1% 182.2% 184.3% 168.3% Company 160.7% 190.8% 158.0% 189.7%」
For TSR measured from the end of March 2016, the company reported 189.7% for the fiscal year ending March 2020, compared with the peer average of 168.3%. - FY2020-Q3.Annual report
「The Group has adopted TSR as a management metric and benchmark target for delivering shareholder returns appropriate for a highly profitable company. The evaluation period is measured from the end of March 2016, and its trend is shown below.」
The company continues to state its policy of using TSR as a benchmark target for shareholder returns and the evaluation method based on the end of March 2016. - FY2020-Q2.Annual report
「The Group has adopted TSR as a management metric and benchmark target for delivering shareholder returns appropriate for a highly profitable company. The evaluation period is measured from the end of March 2016, and its trend is shown below.」
The company continues to use TSR as a management metric and benchmark for shareholder returns and to disclose the evaluation method based on the end of March 2016. - FY2020-Q1.Annual report
「The Group has adopted TSR as a management metric and benchmark target for delivering shareholder returns appropriate for a highly profitable company. The evaluation period is measured from the end of March 2016.」
The company has adopted TSR as a management metric and benchmark target for shareholder returns appropriate for a highly profitable company, and has presented an evaluation period based on the end of March 2016 and a comparison with domestic listed companies in the GICS Software and Services sector.