Achieving ¥1 billion in operating profit in FY2019
First written in FY2017. 1 of 3 entries say "Softened", first in FY2018. Latest entry: FY2019-Q1.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
- FY2019-Q1DroppedAnnual report
「In the current fiscal year, with returning to profitability as our top priority, we are promoting SPA reform and pursuing 4 priority initiatives: expanding ikka's growth and improving its profitability, improving profitability at LBC and VENCE, promoting digitalization, and streamlining headquarters while improving operational efficiency. We aim to shift to renewed growth and establish stable profitability.」
The target and deadline of ¥1 billion in operating profit in fiscal 2019 stated previously are also not included in this filing. Instead, it presents the qualitative objectives of achieving profitability and establishing stable earnings. - FY2018SoftenedAnnual report
「With establishing a revenue base as our top priority, we will advance structural reforms and aim to shift onto a growth trajectory.」
The deadline and target of “¥1 billion in operating profit in fiscal 2019” stated in the previous filing are not repeated in this filing, and have been replaced by qualitative language referring to structural reforms and a shift onto a growth trajectory. - FY2017First statedAnnual report
「With establishing a revenue base as our top priority, we will establish a shift onto a growth trajectory and aim for operating profit of ¥1 billion in fiscal 2019.」
The company first explicitly stated a performance target of achieving operating profit of ¥1 billion by fiscal 2019.