Emphasis on efficiency metrics such as ROE and ROA and establishment of numerical targets
First written in FY2017. 1 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 6 of 35 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Return on equity (%): fiscal year ending September 2023: 5.8; fiscal year ending September 2024: 3.3; fiscal year ending September 2025: 5.2」
ROE was 5.2% in the fiscal year ending September 2025, exceeding the medium-term management plan target of 5% or more. - FY2023New ROE numerical target setAnnual report
「The company set operating profit of ¥600 million and ROE of 5% or more as numerical targets for the final fiscal year, the fiscal year ending September 2026. It also set EBITDA of ¥1 billion as an indicator reflecting the strengthening of the foundation and implementation of strategic investment for future growth.」
Previously, the company emphasized ROE and ROA but had not set specific targets; under the new plan, it set ROE of 5% or more as a numerical target. - FY2018RestatedAnnual report
「From the perspective of maximizing returns through the efficient use of capital and assets, the company considers ROE and ROA to be important elements of its management indicators and targets. At this stage, however, it believes that raising net income through the achievement of stable profitability across all businesses must take priority, and will continue working to improve its earnings structure so that it can set specific numerical targets as soon as possible.」
The company reiterates its policy of treating ROE and ROA as important indicators while prioritizing stable profitability across all businesses and improvements to its earnings structure over setting specific numerical targets. - FY2017First statedAnnual report
「From the perspective of maximizing returns through the efficient use of capital and assets, the company considers ROE and ROA to be important elements of its management indicators and targets. At this stage, however, it believes that raising net income through the achievement of stable profitability across all businesses must take priority, and will continue working to improve its earnings structure so that it can set specific numerical targets as soon as possible.」
While positioning ROE and ROA as important management indicators, the company presents for the first time its policy of prioritizing stable profitability across all businesses and improvements to its earnings structure rather than setting specific numerical targets at this stage.