FY Ending February 2020: Must-Achieve Targets and 1 Year of Foundation Building
First written in FY2019. 3 of 10 entries say "Restated". Latest entry: FY2022.
0 other companies' latest entry also says "Raised".
- FY2022RaisedAnnual report
「Based on these forecasts, we calculated revenue for the fiscal year ending February 2023 on the assumption that it would recover to 100% for the full year relative to the fiscal year ending February 2020, before the spread of the pandemic.」
From the previous outlook of 91.0% on an underlying basis for the fiscal year ending February 2022, the company assumed that revenue would recover to 100% of the fiscal year ending February 2020, before the pandemic, in the following fiscal year. - FY2022-Q2SoftenedAnnual report
「As a result, consolidated revenue is expected to come in at ¥152.7 billion, ¥2.4 billion below the original plan, representing 91.0% on an underlying basis. On this assumption, although the decline in revenue will have some impact on operating profit, the company expects to secure the ¥2.7 billion target through improved profitability resulting from the cost efficiencies described above and market recovery.」
The full-year revenue outlook for the fiscal year ending February 2022 was lowered from the original plan of ¥155.1 billion to ¥152.7 billion and from 92.5% to 91.0% on an underlying basis. Meanwhile, the company expects to secure operating profit of ¥2.7 billion through cost efficiencies and market recovery. - FY2022-Q1RaisedAnnual report
「For the fiscal year ending February 2022, full-year revenue is projected at ¥155.1 billion (92.5% on an underlying basis) and operating profit at ¥2.7 billion (71.5% on an underlying basis).」
The recovery assumptions for the fiscal year ending February 2022 were specified as revenue of ¥155.1 billion, 92.5% on an underlying basis, and operating profit of ¥2.7 billion. The assumed revenue recovery rate was raised by 0.5 percentage points from the previous underlying-basis assumption of 92%. - FY2021RestatedAnnual report
「Based on these forecasts, we calculated consolidated revenue for the fiscal year ending February 2022 on the assumption that it would be 92% for the full year relative to the fiscal year ending February 2020, excluding the impact of the transfers of Arkmeal and Kyotaru.」
The company maintained its assumption that consolidated revenue for the fiscal year ending February 2022 would recover to 92% of the fiscal year ending February 2020, before the pandemic, calculated excluding the impact of the transfers of Arkmeal and Kyotaru. - FY2021-Q3RestatedAnnual report
「As a result, although consolidated revenue for fiscal 2020 is expected to recover gradually, it is projected to decline 12% from fiscal 2019. While advancing measures such as the recovery of in-store dining, based on current revenue trends by business, we do not expect all businesses to return to fiscal 2019 levels in fiscal 2021 and assume they will reach levels equivalent to those before the spread of COVID-19 in fiscal 2022. We are also promoting cost-saving measures and structural reforms, in addition to revenue-generation initiatives, so that we can regain our previous profitability even if revenue does not recover as expected. Accordingly, we assume that profit and loss will improve and recover to fiscal 2019 levels in fiscal 2022, in line with revenue.」
The company has maintained its assumptions of a 12% decline in revenue in fiscal 2020, no return to fiscal 2019 levels in fiscal 2021, and recovery of revenue and profit and loss to fiscal 2019 levels in fiscal 2022. - FY2021-Q2Added recovery assumptions for fiscal 2022Annual report
「We do not expect all businesses to return to fiscal 2019 levels in fiscal 2021, and assume they will reach levels equivalent to those before the spread of COVID-19 in fiscal 2022. While advancing measures such as the recovery of in-store dining, we are also promoting cost-saving measures and structural reforms, in addition to revenue-generation initiatives, so that we can regain our previous profitability even if revenue does not recover as expected. Accordingly, we assume that profit and loss will improve and recover to fiscal 2019 levels in fiscal 2022, in line with revenue.」
The company newly stated that it did not expect a recovery to fiscal 2019 levels in fiscal 2021, and assumed that both revenue and profit and loss would recover to pre-pandemic fiscal 2019 levels in fiscal 2022. - FY2021-Q1SoftenedAnnual report
「As a result, although consolidated revenue for fiscal 2020 is expected to recover gradually from the second quarter onward, it is projected to decline 12% from fiscal 2019. For fiscal 2020, consolidated operating loss is projected at ¥8.7 billion due to the decline in revenue and the impact of temporary closures resulting from the spread of COVID-19.」
In place of the revenue and profit targets set for the fiscal year ending February 2020, the company presented a challenging outlook for fiscal 2020 that incorporates the impact of the pandemic: revenue down 12% and an operating loss of ¥8.7 billion. - FY2020-Q3RestatedAnnual report
「In response, we postponed the transition from the “experimental” phase to the “expansion” phase by 1 year, making the fiscal year ending February 2020 a year of “foundation building” aimed at restoring business performance. To secure sustainable growth and profitability, we will monitor the operating conditions of each segment and business format over shorter intervals and respond flexibly while always preparing the next-best measures, thereby building a strong foundation for achieving our long-term vision.」
The company has continued to position the fiscal year ending February 2020 as a year of foundation building, postponing the transition to the expansion phase by 1 year and operating through short-term monitoring and next-best measures. - FY2020-Q1Specific measures for foundation buildingAnnual report
「In response, we postponed the transition from the “experimental” phase to the “expansion” phase by 1 year, making the fiscal year ending February 2020 a year of “foundation building” aimed at restoring business performance. To secure sustainable growth and profitability, we will monitor the operating conditions of each segment and business format over shorter intervals and respond flexibly while always preparing the next-best measures, thereby building a strong foundation for achieving our long-term vision.」
For the year of foundation building, the company presented monitoring over short intervals by segment and business format, together with flexible responses based on prepared next-best measures, as specific operating methods. - FY2019First statedAnnual report
「For the fiscal year ending February 2020, we set mandatory targets of consolidated revenue of ¥208 billion, consolidated operating profit of ¥1 billion, and net income attributable to owners of the parent of ¥100 million, and will make it a year of “foundation building” aimed at restoring business performance.」
For the fiscal year ending February 2020, new mandatory targets were set at revenue of ¥208 billion, operating profit of ¥1 billion, and net income attributable to owners of the parent of ¥100 million.