Target of Achieving 5% ROE (Return on Equity)
First written in FY2017. 2 of 8 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
- FY2026Three-year average ROE target not achievedAnnual report
「3-year average ROE: 10.0% or more; actual for the fiscal year ended March 2024: 10.7%; actual for the fiscal year ended March 2025: 8.9%; actual for the fiscal year ended March 2026: 8.4%; cumulative actual for 3 years: 9.3%; achievement rate: 93.0%」
Against the 3-year average ROE target of 10.0% or more under Medium-Term Management Plan 2025, actual ROE was 9.3%, representing an achievement rate of 93.0%. - FY2024RaisedAnnual report
「Our Group launched Medium-Term Management Plan 2025, which began in the fiscal year ending March 2024, and is working on its initiatives based on quantitative targets of cumulative consolidated operating profit of ¥5.73 billion over 3 years and average consolidated ROE of 10.0% or more over 3 years.」
The ROE target was changed from 9.0% or more at the end of fiscal 2022 under the previous Medium-Term Management Plan 2022 to a 3-year average of 10.0% or more under Medium-Term Management Plan 2025. ROE for the fiscal year ended March 2024 was 10.7%. - FY2022AdvancedAnnual report
「As quantitative targets for Medium-Term Management Plan 2022, which began in fiscal 2020, our Group revised cumulative operating profit over 3 years from ¥3 billion to ¥3.5 billion and set ROE of 9.0% or more at the end of fiscal 2022 and a debt-to-equity ratio of 0.6 times or less. Operating profit in fiscal 2021, the second year of the plan, was ¥1.34 billion, exceeding the planned figure of ¥1 billion plus some additional amount.」
While maintaining the target of ROE of 9.0% or more, ROE for the fiscal year was 10.7%, exceeding the target level. - 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.」
The previous targets, including ROE of 7% or more, were made more specific and raised to ROE of 9% or more, cumulative operating profit of ¥3 billion, a debt-to-equity ratio of 0.6 times or less, and operating profit of ¥1.5 billion in fiscal 2022. - FY2020SoftenedAnnual report
「The targets for Medium-Term Management Plan 2022, which began in fiscal 2020, have been left undecided because the decline in orders caused by COVID-19, the timing of containment, the recovery of the economy and orders after containment, and changes in the supply chain cannot be reliably forecast.」
The targets for Medium-Term Management Plan 2022 announced in the previous fiscal year, including ROE of 7% or more, were left undecided due to uncertainty surrounding the pandemic and supply chains. - FY2019ReframedAnnual report
「We will make a sincere effort to implement the initiatives described above to achieve the targets set out in Medium-Term Management Plan 2022, namely ROE of 7% or more, renewal of the record high operating profit, and sustainable dividend increases through profit growth, thereby securing and enhancing our corporate value and the common interests of our shareholders.」
In addition to the previous ROE target of 5%, Medium-Term Management Plan 2022 set long-term targets of ROE of 7% or more, a new record high operating profit, and sustainable dividend increases through profit growth. Meanwhile, the ROE target for the end of fiscal 2019 under Medium-Term Management Plan 2019 was set at 3.5% or more, clarifying the respective time horizons. - FY2018AdvancedAnnual report
「Our Group places importance on financial stability and the efficiency of invested capital, and has set ROE (return on equity) of 5% as a target management indicator.」
The ROE target of 5% has been maintained. ROE for the consolidated fiscal year under review was 5.8%, exceeding the target level based on the disclosed results. - FY2017First statedAnnual report
「Our Group places importance on financial stability and the efficiency of invested capital, and has set ROE (return on equity) of 5% as a target management indicator.」
ROE of 5% was first explicitly identified as a management indicator reflecting the emphasis on financial stability and invested-capital efficiency.