Enhancing corporate value over the medium to long term, with a focus on consolidated operating profit, ROE and the debt-to-equity ratio
First written in FY2019. 3 of 13 entries say "Achieved", first in FY2020. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Operating profit target achieved; ROE target partially missedAnnual report
「3-year cumulative operating profit: ¥5.73 billion; fiscal year ended March 2024 actual: ¥1.91 billion; fiscal year ended March 2025 actual: ¥1.97 billion; fiscal year ended March 2026 actual: ¥2.07 billion; 3-year cumulative actual: ¥5.96 billion; achievement rate: 104.2% 3-year average ROE: at least 10.0%; 3-year cumulative actual: 9.3%; achievement rate: 93.0%」
Under the Medium-Term Management Plan 2025, 3-year cumulative operating profit was ¥5.96 billion against the target of ¥5.73 billion, for an achievement rate of 104.2%, and the annual operating profit target of ¥2.0 billion was also achieved. Meanwhile, the 3-year average ROE target was not achieved. - FY2026-H1AdvancedAnnual report
「Against this backdrop, in the consolidated fiscal year ending this period, the final year of Medium-Term Management Plan 2025, our group set a target of achieving operating income of ¥2 billion, a major milestone for the group, and pursued execution measures including human capital and R&D investment, strengthening the functions of existing businesses, and building a foundation for new businesses.」
In the final year of the Medium-Term Management Plan 2025, an annual operating profit target of ¥2.0 billion and an execution framework combining investment in human capital and R&D, functional enhancements to existing businesses, and the development of a foundation for new businesses were presented. - FY2025-H1RestatedAnnual report
「In the second year of Medium-Term Management Plan 2025, our group continued to pursue execution measures in line with its 3 basic policies: 1. achieving quantitative targets, 2. introducing business portfolio management, and 3. implementing measures to achieve a PBR of 1 times. In accordance with the investment plan for Medium-Term Management Plan 2025 revised on 25 March 2024, we also implemented human capital investment and prepared growth investments for new businesses and function enhancement.」
The 3 policies under the Medium-Term Management Plan 2025 and the revised framework for investment in human capital and new businesses continued into the second period. - FY2024RaisedAnnual report
「The investment budget for new businesses and functional enhancements was revised to the investment budget for human capital, new businesses and functional enhancements, while the amount allocated to the budget was doubled from ¥3.0 billion to ¥6.0 billion. In addition, the shareholder return target for the payout ratio was raised from 35% to approximately 50%.」
Following the revision of the Medium-Term Management Plan 2025, the investment budget for growth, including human capital, was doubled, and the payout ratio target was raised. The quantitative targets were cumulative operating profit of ¥5.73 billion over 3 years and average ROE of at least 10.0% over 3 years. - FY2024-Q3RestatedAnnual report
「As announced on 19 May 2023, we launched the Medium-Term Management Plan 2025, positioned as a period for actively promoting the new products and merchandise developed through the construction of a new business model, and as a preparatory period for stepping up to the Medium-Term Management Plan 2028. We have pursued each initiative in line with the 3 policies set out as our basic policies: 1. Achieving quantitative targets; 2. Introducing business portfolio management; and 3. Implementing measures to achieve a PBR of 1x.」
The 3 policies under the Medium-Term Management Plan 2025, namely quantitative targets, business portfolio management and achieving a PBR of 1x, continued to be presented, as in the previous quarter. - FY2024-Q2RestatedAnnual report
「We have pursued each initiative in line with the 3 policies set out as our basic policies: 1. Achieving quantitative targets; 2. Introducing business portfolio management; and 3. Implementing measures to achieve a PBR of 1x.」
Under the Medium-Term Management Plan 2025, the Company continues to implement a plan restructured around 3 policies: quantitative targets, business portfolio management, and achieving a PBR of 1x, replacing the previous framework centered on operating profit, ROE and the DE ratio. - FY2024-Q1ReframedAnnual report
「Against this backdrop, our group launched Medium-Term Management Plan 2025, which was positioned as a preparation period for the step up to Medium-Term Management Plan 2028 and as a period for actively promoting the new products and merchandise developed through the construction of a new business model, as announced on 19 May 2023. We pursued individual execution measures in line with its 3 basic policies: 1. achieving quantitative targets, 2. introducing business portfolio management, and 3. implementing measures to achieve a PBR of 1 times.」
The framework was restructured under the Medium-Term Management Plan 2025 from the previous focus on operating profit, ROE and the DE ratio to 3 policies, including achieving a PBR of 1x. - FY2022RaisedAnnual report
「We are working toward cumulative operating profit over 3 years of ¥3.5 billion, revised upward from ¥3.0 billion, ROE of at least 9.0% as of the end of fiscal 2022, and a DE ratio of no more than 0.6x. In addition, we have set a target of achieving operating profit of ¥1.55 billion in fiscal 2022, exceeding the previous record high.」
The cumulative operating profit target under the Medium-Term Management Plan 2022 was raised to ¥3.5 billion, and the fiscal 2022 operating profit target was raised to ¥1.55 billion, and these were presented together with the ROE and DE ratio targets. - FY2021RaisedAnnual report
「As quantitative targets for Medium-Term Management Plan 2022, which began in fiscal 2020, we are working toward cumulative operating profit of ¥3 billion over 3 years, ROE of 9.0% or more at the end of fiscal 2022, and a debt-to-equity ratio of 0.6 times or less. We also aim to achieve operating profit of ¥1.5 billion in fiscal 2022, exceeding the previous record high.」
After achieving the Medium-Term Management Plan 2019 targets of operating profit of at least ¥1.95 billion and ROE of at least 3.5%, the targets under the next plan were raised to cumulative operating profit of ¥3.0 billion, ROE of at least 9% and a DE ratio of no more than 0.6x, among others. - FY2020AchievedAnnual report
「As of the end of the fiscal year, 3-year cumulative consolidated operating profit was ¥2.4 billion and ROE was 5.7%, with both targets achieved.」
The targets under the Medium-Term Management Plan 2019 of cumulative operating profit of at least ¥1.95 billion over 3 years and ROE of at least 3.5% at the end of fiscal 2019 were achieved, with actual results of ¥2.4 billion and 5.7%, respectively. - FY2019First statedAnnual report
「In addition to consolidated operating profit, which represents profit from the Group's core business, and consolidated return on equity (ROE), which indicates the efficiency of shareholders' equity, the Group has designated the DE ratio as an important management indicator in order to maintain stable funding, and will seek to enhance corporate value over the medium to long term by pursuing its published targets. Under the Medium-Term Management Plan 2019, which began in fiscal 2017, the targets were cumulative operating profit of ¥1.95 billion over 3 years and ROE of at least 3.5% as of the end of fiscal 2019. The DE ratio was to be introduced under the next Medium-Term Management Plan 2022.」
For the first time, the Company explicitly stated its policy of designating the DE ratio as an important indicator from the next Medium-Term Management Plan 2022, in addition to operating profit and ROE.