Achieving consolidated ROE of at least 8%
First written in FY2017. 11 of 19 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 25 of 113 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「Medium-term plan target 8% or higher FY2024 (39th fiscal year) 4.8% FY2025 (40th fiscal year) 15.9%」
ROE increased from 4.8% in the previous fiscal year to 15.9%, exceeding the medium-term plan target of 8% or higher. However, ROE excluding the impact of gains on the sale of fixed assets was 8.4%. - FY2025WorsenedAnnual report
「Medium-term plan target: 8% or higher; FY2024 (39th fiscal year): 4.8%」
ROE declined from 6.1% in FY2024 to 4.8%, falling below the new medium-term management plan’s target of maintaining ROE at 8% or higher and aiming for 10%. - FY2024RaisedAnnual report
「Under the new medium-term management plan, the Company’s main numerical target is to achieve a stable ROE level above 8% and aim for 10%, in order to achieve capital efficiency above the cost of capital and enhance the share price and corporate value.」
The new medium-term management plan raised the target from the previous target of above 8% ROE to a target of maintaining ROE at 8% or higher while aiming for 10%. FY2024 ROE was 6.1%, below the target level. - FY2024-Q3RestatedAnnual report
「There were no material changes during the nine-month period ended December 2017 in the objective indicators used to assess the status of achievement of the Group's management policies, management strategies and management targets.」
The Company reconfirms that there have been no material changes to its management objectives and quantitative indicators, including ROE. - FY2024-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
The Company reconfirms that there have been no material changes to its management objectives and quantitative indicators, including ROE. - FY2023WorsenedAnnual report
「ROE 5.8％ 7.8％ 10.4％ 7.3％」
ROE declined from 10.4% in FY2022 to 7.3% in FY2023, falling below the minimum target of above 8%. - FY2023-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
The Company reconfirms that there have been no material changes to its management objectives and quantitative indicators, including ROE. - FY2022AchievedAnnual report
「Specifically, the Company has set ROE above 8% as its minimum target and aims to improve capital efficiency and achieve the ROE target from both sides by expanding profits and cash flow while implementing appropriate capital policies based on its “Basic Policy on Capital Policy.”」
Against the medium-term ROE target of above 8%, FY2022 ROE was 10.4%, exceeding the disclosed minimum target. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」
The Company states that there have been no material changes to its management objectives and quantitative indicators, including ROE. - FY2021AdvancedAnnual report
「Specifically, the Company has set ROE above 8% as its minimum target and aims to improve capital efficiency and achieve the ROE target from both sides by expanding profits and cash flow while implementing appropriate capital policies based on its “Basic Policy on Capital Policy.”」
ROE improved from 5.8% in FY2019 to 7.8% in FY2020, approaching the minimum target of above 8%, but remained below the target level. - FY2021-Q3RestatedAnnual report
「There were no material changes during the nine-month period ended December 2017 in the objective indicators used to assess the status of achievement of the Group's management policies, management strategies and management targets.」
The Company states that there have been no material changes to its management indicators, including ROE. - FY2021-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
The Company states that there have been no material changes to its management indicator relating to consolidated ROE. - FY2020RestatedAnnual report
「Specifically, the Company has set ROE above 8% as its minimum target and aims to improve capital efficiency and achieve the ROE target from both sides by expanding profits and cash flow while implementing appropriate capital policies based on its “Basic Policy on Capital Policy.”」
The medium-term management plan for 2019 through 2023 continues to set ROE above 8% as the minimum target. ROE was 5.8% in FY2020. - FY2020-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
The Company states that there have been no material changes to its management indicator relating to consolidated ROE. - FY2020-Q1RestatedAnnual report
「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」
The Company states that there have been no material changes to its management indicator relating to consolidated ROE. - FY2019-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
The Company states that there have been no material changes to its management indicator relating to consolidated ROE. - FY2019-Q1RestatedAnnual report
「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」
The Company states that there have been no material changes to its management indicator relating to consolidated ROE. - FY2018RaisedAnnual report
「Achieve the medium-term management plan’s short-term target of 5% early, and aim for 8–10% over the medium to long term」
The ROE target was updated to a capital policy target of achieving 5% in the short term as soon as possible and aiming for 8–10% over the medium to long term. At the same time, the Company explained that, with FY2018 ROE at 3.0%, achieving the numerical targets of the medium-term management plan would be challenging. - FY2017First statedAnnual report
「The Company aims to achieve stable growth in consolidated results and maintain a sound financial position. As a specific management indicator, it targets consolidated return on equity of 8% or higher.」
The Company has for the first time expressly stated consolidated ROE of 8% or higher as a specific indicator for assessing its management objectives.