Komori
Toyo Tec (9686) · TargetPerformance targets exceeded the revised plan, while strategic investment fell short of plan

10th Medium-Term Management Plan: “Transformation and Challenge”

First written in FY2016. 6 of 11 entries say "Restated". Latest entry: FY2019.

11entries
4years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q3RestatedFY2018-Q1RestatedFY2019-Q1 – FY20192016: 320162017: 320172018: 320182019: 22019
Same theme, other companies
Setting and Achieving Performance Targets in Medium-Term Management PlansA theme 832 companies write about · 78 as a headwind · 1109 as a tailwind

The whole theme swung hardest in 2021: 17 of 79 companies on the "Worse" side.

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Showing 14 of the 134 companies compared. The sentences above are computed from all 134.Comparing 200 of the theme's 1233 threads.
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  1. FY2019Performance targets exceeded the revised plan, while strategic investment fell short of planAnnual report

    「◆Results of the 10th Medium-Term Management Plan (fiscal 2016 [fiscal year ending March 2017] through fiscal 2018 [fiscal year ending March 2019]) Fiscal year ending March 2019 (plan) Fiscal year ending March 2019 (actual) Consolidated net sales ¥23,000 million ¥23,233 million Consolidated ordinary profit ¥1,100 million ¥1,204 million Strategic investment Total during the period: ¥6,000 million Total during the period: ¥3,500 million」

    Actual net sales and consolidated ordinary profit exceeded the revised targets of ¥23,000 million and ¥1,100 million, respectively, under the 10th Medium-Term Management Plan. Strategic investment, however, was ¥3,500 million versus the planned ¥6,000 million.
  2. FY2019-Q3RestatedAnnual report

    「Through these initiatives, the Group entered the final year of the 10th Medium-Term Management Plan (April 2016 to March 2019), whose slogan is “Transformation and Challenge,” and is working to achieve the plan’s targets.」

    Reaffirmed that the 10th Medium-Term Management Plan was in its final year and that the Group’s policy was to achieve its targets.
  3. FY2019-Q2RestatedAnnual report

    「Against this backdrop, the Group entered the final year of the 10th Medium-Term Management Plan (April 2016 to March 2019), whose slogan is “Transformation and Challenge,” and is pursuing initiatives to “strengthen its management base” and “reform its corporate culture” with the aim of achieving high profitability and growth.」

    In the final year of the 10th Medium-Term Management Plan, continued to state the slogan, plan period and initiatives addressing the two priority issues.
  4. FY2019-Q1RestatedAnnual report

    「Against this backdrop, the Group entered the final year of the 10th Medium-Term Management Plan (April 2016 to March 2019), whose slogan is “Transformation and Challenge,” and is pursuing initiatives to “strengthen its management base” and “reform its corporate culture” with the aim of achieving high profitability and growth.」

    Stated that the 10th Medium-Term Management Plan had entered its final year and that initiatives under its slogan and two priority issues were continuing.
  5. FY2018SoftenedAnnual report

    「The forecast for the fiscal year ending March 2019 was ¥3,000 million below the original medium-term plan in net sales and ¥200 million below it in ordinary profit. When the medium-term plan was formulated, the Group expected strategic investments, including M&A and real estate, to contribute to performance. However, as there were currently no specific projects expected to contribute to performance during the fiscal year ending March 2019, the forecast for the final year was revised downward against the plan.」

    Lowered the final-year forecast under the 10th Medium-Term Management Plan from consolidated net sales of ¥26,000 million and consolidated ordinary profit of ¥1,300 million to ¥23,000 million and ¥1,100 million, respectively. Stated that strategic investment would remain a priority.
  6. FY2018-Q1RestatedAnnual report

    「Against this backdrop, the Group entered the second year of the 10th Medium-Term Management Plan (April 2016 to March 2019), whose slogan is “Transformation and Challenge,” and is pursuing initiatives to “strengthen its management base” and “reform its corporate culture” with the aim of achieving high profitability and growth.」

    Restated the period, slogan and two priority issues of the 10th Medium-Term Management Plan and stated that initiatives continued in the second year of the plan.
  7. FY2017AdvancedAnnual report

    「Fiscal year ended March 2017 results Consolidated net sales ¥21,274 million Consolidated ordinary profit ¥778 million Strategic investment over three years Total for the medium-term plan period: ¥6,000 million Plan for the fiscal year ending March 2019 Consolidated net sales ¥26,000 million Consolidated ordinary profit ¥1,300 million」

    Disclosed progress on the 10th Medium-Term Management Plan, including fiscal 2017 results, net sales and ordinary profit targets for the fiscal year ending March 2019, and strategic investment of ¥6,000 million during the plan period.
  8. FY2017-Q3Stated that the plan period extended through March 2019Annual report

    「Against this backdrop, to mark the 50th anniversary of its establishment, the Group formulated the 10th Medium-Term Management Plan (April 2016 to March 2019), adopted “Transformation and Challenge” as its slogan, and established a dedicated Sales Development Department to strengthen the Group’s overall sales capabilities. The department focuses on new sales, one-stop facilities management sales encompassing the businesses of Group companies, including building maintenance, and expanding sales of TEC-CD and other products, with the aim of achieving high profitability and growth.」

    Stated that the 10th Medium-Term Management Plan covered April 2016 through March 2019, and identified new sales, one-stop facilities management sales, expanded sales of TEC-CD and other products, and the establishment of the Sales Development Department as specific measures.
  9. FY2017-Q2RestatedAnnual report

    「To mark the 50th anniversary of its establishment, the Group formulated the 10th Medium-Term Management Plan (April 2016 to March 2018), adopted “Transformation and Challenge” as its slogan, and all officers and employees have worked resolutely on “strengthening its management base” and “reforming its corporate culture” with the aim of achieving high profitability and growth.」

    Restated the period, slogan and two priority issues of the 10th Medium-Term Management Plan and stated that the initiatives were continuing.
  10. FY2017-Q1RestatedAnnual report

    「Against this backdrop, to mark the 50th anniversary of its establishment, the Group formulated the 10th Medium-Term Management Plan (April 2016 to March 2018), adopted “Transformation and Challenge” as its slogan, and began initiatives to “strengthen its management base” and “reform its corporate culture” with the aim of achieving high profitability and growth.」

    Restated the coverage period and two priority issues of the 10th Medium-Term Management Plan and noted the start of the initiatives.
  11. FY2016First statedAnnual report

    「To mark the 50th anniversary of its establishment, the Group formulated the 10th Medium-Term Management Plan (fiscal 2016 [fiscal year ending March 2017] through fiscal 2018 [fiscal year ending March 2019]), adopted “Transformation and Challenge” as its slogan, and has been addressing the following issues with the aim of achieving high profitability and growth.」

    The Group formulated the 10th Medium-Term Management Plan covering fiscal 2016 through fiscal 2018 to mark its 50th anniversary.
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