Numerical Targets in the 2017–2021 Medium-Term Management Plan
First written in FY2018. 18 of 24 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「There were no material changes during the current interim consolidated accounting period to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2025AdvancedAnnual report
「In the first year of the medium-term management plan, covering the fiscal years ending October 2025 through October 2027, progress in the fiscal year ending October 2025 was net sales of ¥135,500 million (84.7% progress), ordinary profit of ¥9,200 million (70.8% progress) and ROE of 11.8% (78.7% progress).」
For the medium-term management plan ending in the fiscal year ending October 2027, this is the first disclosure of first-year net sales, ordinary profit, ROE and each progress rate, showing actual progress against the plan. - FY2024RaisedAnnual report
「The Group formulated the "泉州電業 Group Medium-Term Management Plan," announced on 7 December 2023, with the fiscal year ending October 2026 as its final year, and pursued various initiatives. Having achieved its targets 2 years ahead of schedule, it formulated a new "泉州電業 Group Medium-Term Management Plan" with the fiscal year ending October 2027 as its final year and announced it on 9 December 2024. Its financial targets are consolidated net sales of ¥160,000 million, ordinary profit of ¥13,000 million, ROE (return on equity) of at least 15%, a dividend payout ratio of at least 35%, a total shareholder return ratio of at least 50% and a PBR (price-to-book ratio) of at least 2.0x by the fiscal year ending October 2027.」
States that the plan for the fiscal year ending October 2026 was achieved 2 years ahead of schedule and that the final year was updated to the fiscal year ending October 2027. In addition to targets of net sales of ¥160,000 million, ordinary profit of ¥13,000 million and ROE of at least 15%, targets were set for the dividend payout ratio, total shareholder return ratio and PBR. - FY2024-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2024-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2023-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2023-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2023-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reconfirms that there have been no material changes to the management policies, business strategies and other matters, including the plan for the fiscal year ending October 2024. - FY2022RaisedAnnual report
「The Group formulated the "泉州電業 Group Medium-Term Management Plan," announced on 8 December 2021, with the fiscal year ending October 2024 as its final year, and pursued various initiatives. Having achieved its targets 2 years ahead of schedule, it formulated a new "泉州電業 Group Medium-Term Management Plan" with the fiscal year ending October 2025 as its final year and announced it on 8 December 2022. Its financial targets are consolidated net sales of ¥125,000 million, ordinary profit of ¥8,500 million and ROE (return on equity) of at least 10% by the fiscal year ending October 2025.」
States that the plan for the fiscal year ending October 2024 was achieved 2 years ahead of schedule and that new targets were set for the fiscal year ending October 2025 as the final year: net sales of ¥125,000 million, ordinary profit of ¥8,500 million and ROE of at least 10%. - FY2022-Q3RestatedAnnual report
「After comprehensively considering changes in the business environment surrounding the Company, including the sharp rise in copper prices and the easing of the COVID-19 pandemic, as well as progress on various initiatives, the Company has set targets for the fiscal year ending October 2024 of net sales of ¥105,000 million, ordinary profit of ¥6,300 million and ROE (return on equity) of at least 8%. For details, please refer to the notice concerning the revision of the medium-term management plan announced on 8 December 2021.」
Restates the medium-term management plan targets for the fiscal year ending October 2024 of net sales of ¥105,000 million, ordinary profit of ¥6,300 million and ROE of at least 8%. - FY2022-Q2RestatedAnnual report
「After comprehensively considering changes in the business environment surrounding the Company, including the sharp rise in copper prices and the easing of the COVID-19 pandemic, as well as progress on various initiatives, the Company has set targets for the fiscal year ending October 2024 of net sales of ¥105,000 million, ordinary profit of ¥6,300 million and ROE (return on equity) of at least 8%.」
Restates the targets for the fiscal year ending October 2024, revised in December 2021, of net sales of ¥105,000 million, ordinary profit of ¥6,300 million and ROE of at least 8%. - FY2022-Q1RestatedAnnual report
「After comprehensively considering changes in the business environment surrounding the Company, including the sharp rise in copper prices and the easing of the COVID-19 pandemic, as well as progress on various initiatives, the Company has set targets for the fiscal year ending October 2024 of net sales of ¥105,000 million, ordinary profit of ¥6,300 million and ROE (return on equity) of at least 8%.」
Restates the targets for the fiscal year ending October 2024, revised in December 2021, of net sales of ¥105,000 million, ordinary profit of ¥6,300 million and ROE of at least 8%. - FY2021RaisedAnnual report
「After comprehensively considering changes in the business environment surrounding the Company, including the sharp rise in copper prices and the easing of the COVID-19 pandemic, as well as progress on various initiatives, the Company revised its plan for the fiscal year ending October 2024 to target net sales of ¥105,000 million, ordinary profit of ¥6,300 million and ROE (return on equity) of at least 8%.」
The plan for the fiscal year ending October 2024 has been raised from net sales of ¥100,000 million and ordinary profit of ¥5,000 million to net sales of ¥105,000 million and ordinary profit of ¥6,300 million. Actual results for the period are also stated as net sales of ¥92,463 million, ordinary profit of ¥5,004 million and ROE of 8.6%, together with progress rates. - FY2021-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2021-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reconfirms that there have been no material changes to the management policies, business strategies and other matters, including the medium-term management plan revised in light of the impact of COVID-19. - FY2021-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
States that there have been no material changes to the management policies, business strategies and other matters, including the medium-term management plan revised in light of the impact of COVID-19. - FY2020ReframedAnnual report
「In light of the impact of the spread of COVID-19, and after comprehensively considering changes in the business environment surrounding the Group and the progress of various initiatives, the final-year targets were changed to net sales of ¥82,100 million, ordinary profit of ¥3,550 million, and ROE (return on equity) of 6% or more. The timing for achieving the management targets of net sales of ¥100,000 million, ordinary profit of ¥5,000 million, and ROE (return on equity) of 8% or more was changed to the fiscal year ending October 2024.」
The former targets for the fiscal year ending October 2021 were changed to net sales of ¥82,100 million, ordinary profit of ¥3,550 million, and ROE of 6% or more, while the target achievement date for net sales of ¥100,000 million, ordinary profit of ¥5,000 million, and ROE of 8% or more was moved to the fiscal year ending October 2024. - FY2020-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2020-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2020-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
Reaffirms that there were no material changes to the management policies and strategies, including the medium-term management plan. - FY2019-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
It is stated that there have been no material changes to the management policy, management strategy, or other matters, including the 2017–2021 medium-term management plan. - FY2019-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
It is stated that there have been no material changes to the management policy, management strategy, or other matters, including the 2017–2021 medium-term management plan. - FY2019-Q1RestatedAnnual report
「There were no material changes during the cumulative first quarter of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」
It is stated that there have been no material changes to the management policy, management strategy, or other matters, including the 2017–2021 medium-term management plan. - FY2018First statedAnnual report
「To pursue its goal of becoming a 100-year company, the medium-term management plan positions the five-year period through 2021, with the 70th anniversary of its establishment in November 2019 as an intermediate milestone, as a period for further growth. Its basic policy is to continue the long-term stabilization of earnings and sustainable growth. The management targets for the final year are net sales of ¥100,000 million, ordinary profit of ¥5,000 million, and ROE (return on equity) of 6% or more.」
It specifies the medium-term management plan from the fiscal year ending October 2017 through the fiscal year ending October 2021, together with final-year targets for net sales, ordinary profit, and ROE.