Komori
Altech (9972) · TargetSoftened

Operating Margin and ROE of 5% or More in Fiscal 2021

First written in FY2017. 14 of 18 entries say "Restated". Latest entry: FY2025.

18entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2020-Q3RestatedFY2021-Q1 – FY20222018: 420182019: 320192020: 420202021: 220212022: 220222023: 120232024: 020242025: 120252026: 1
Same theme, other companies
営業利益率・ROEの維持向上目標A theme 8 companies write about · 0 as a headwind · 8 as a tailwind

Altech moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.

The whole theme swung hardest in 2026: 5 of 7 companies on the "Worse" side.

2 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025SoftenedAnnual report

    「The medium-term management plan formulated in January 2021, covering the fiscal year ending November 2021 through the fiscal year ending November 2025, set targets for the final year of an operating margin of at least 5.0% and a return on equity (ROE) of at least 8.0%. However, in the current consolidated fiscal year, the operating margin was 0.1% and ROE was negative 26.2%, meaning that these target indicators were not achieved. In light of the current situation, our group formulated a new Medium- to Long-Term Vision and Medium-Term Management Plan 2026-2028, setting target indicators for the final year of the medium-term management plan, the fiscal year ending November 2028, of revenue of at least ¥20 billion, an operating margin of at least 3.0%, and a return on equity (ROE) of at least 5.0%.」

    The previous plan's targets of an operating margin of at least 5% and ROE of at least 8% were not achieved, and the new plan lowers the target levels for the fiscal year ending November 2028 to an operating margin of at least 3% and ROE of at least 5%.
  2. FY2024AdvancedAnnual report

    「The company has set targets of an operating margin of at least 5.0% and a return on equity (ROE) of at least 8.0% for the fiscal year ending November 2025, the final year of the plan. In the current consolidated fiscal year, the operating margin was negative 0.8% and ROE was negative 0.9%.」

    The company continues to target an operating margin of at least 5.0% and ROE of at least 8.0% for the fiscal year ending November 2025. Current-year results were an operating margin of negative 0.8% and ROE of negative 0.9%, both below target, although they improved from negative 1.5% and negative 8.4%, respectively, in the previous fiscal year.
  3. FY2022RestatedAnnual report

    「The company has set targets of an operating margin of at least 5.0% and a return on equity (ROE) of at least 8.0% for the fiscal year ending November 2025, the final year of the plan. In the current consolidated fiscal year, the operating margin was 2.7% and ROE was 3.4%.」

    The company continues to target an operating margin of at least 5.0% and ROE of at least 8.0% for the fiscal year ending November 2025. Current-year results were an operating margin of 2.7% and ROE of 3.4%, both below target.
  4. FY2022-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」

    The company states that there were no material changes to its management policies or management strategies, including the medium-term management plan.
  5. FY2021RestatedAnnual report

    「The company has set targets of an operating margin of at least 5.0% and a return on equity (ROE) of at least 8.0% for the fiscal year ending November 2025, the final year of the plan. In the current consolidated fiscal year, the operating margin was 4.4% and ROE was 5.0%.」

    The company continues to target an operating margin of at least 5.0% and ROE of at least 8.0% for the fiscal year ending November 2025. Current-year results were an operating margin of 4.4% and ROE of 5.0%, both below target.
  6. FY2021-Q1RestatedAnnual report

    「In January 2021, we formulated a new medium-term management plan, a five-year plan covering the fiscal years ending November 2021 through November 2025, based on the basic policies of creating and optimizing added value in existing businesses, developing new businesses, and strengthening the management foundation.」

    The company states that it formulated a new medium-term management plan covering the fiscal year ending November 2021 through the fiscal year ending November 2025, but this quarterly report does not mention any changes to the numerical targets.
  7. FY2020RaisedAnnual report

    「For our group, the targets for the final year of the medium-term management plan, the fiscal year ending November 2025, are consolidated revenue of ¥20,000 million, operating profit of ¥1,000 million, an operating margin of at least 5.0%, and a return on equity (ROE) of at least 8.0%.」

    The final year of the medium-term plan changed from the fiscal year ending November 2021 to the fiscal year ending November 2025, and new numerical targets were established, including revenue of ¥20,000 million, operating profit of ¥1,000 million and ROE of at least 8.0%. The target level was raised from the previous target of at least 5% ROE.
  8. FY2020-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」

    The company states that there were no material changes to its management policies or management strategies, including the medium-term management plan.
  9. FY2020-Q2RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by our Group during the six-month period ended this second quarter.」

    The company states that there have been no material changes to its management policies and strategies, including the medium-term management plan ending in the fiscal year ending November 2021.
  10. FY2020-Q1RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by our Group during the three-month period ended this first quarter.」

    The company states that there were no material changes to its management policies or management strategies, including the medium-term management plan.
  11. FY2019RestatedAnnual report

    「Under this medium-term management plan, the target for fiscal 2021, the final year, is an operating margin of at least 5% and a return on equity (ROE) of at least 5%.」

    The company continues to target an operating margin and ROE of 5% or higher for fiscal 2021. Its operating margin was 4.2% and ROE was 5.1% for the current fiscal year, with ROE above the target and the operating margin below it.
  12. FY2019-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」

    The company states that there were no material changes to its management policies or management strategies, including the medium-term management plan.
  13. FY2019-Q2RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by our Group during the six-month period ended this second quarter.」

    The company states that there have been no material changes to its management policies and strategies, including the medium-term management plan ending in the fiscal year ending November 2021.
  14. FY2019-Q1RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by our Group during the three-month period ended this first quarter.」

    The company states that there have been no material changes to its management policies and strategies, including the medium-term management plan ending in the fiscal year ending November 2021.
  15. FY2018-Q3RestatedAnnual report

    「There were no material changes during the nine-month period of the current consolidated fiscal year to the management policies, management strategies or other matters established by the Group.」

    The company states that there have been no material changes to its management policies and strategies, including the target of an operating margin and ROE of 5% or higher for fiscal 2021.
  16. FY2018-Q2RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by our Group during the six-month period ended this second quarter.」

    The company states that there have been no material changes to its management policies and strategies, including the target of an operating margin and ROE of 5% or higher for fiscal 2021.
  17. FY2018-Q1RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by our Group during the three-month period ended this first quarter.」

    The company stated that there had been no material changes to its management policies, strategies, or other related matters, including the medium-term management plan.
  18. FY2017First statedAnnual report

    「Under this medium-term management plan, the target for the final fiscal year, fiscal 2021, is an operating margin of at least 5% and a return on equity (ROE) of at least 5%.」

    For the medium-term management plan covering the fiscal year ending November 2017 through the fiscal year ending November 2021, the company has specified numerical targets for the first time, setting the final-year operating margin and ROE at 5% or higher.
Moved together

"Increase in Order Backlog in the Trading Business" moved the same way as this thread, in the same document, in 3 of its 18 moves.

322222★123456
  1. ★This thread
  2. 1Increase in Order Backlog in the Trading Business3×
  3. 2Revitalization and Earnings Recovery of the Preform Business2×
  4. 3Cost Structure Reform and Production Efficiency Improvements in the Preform Business2×
  5. 4Reduction in Losses in the Preform Business2×
  6. 5Consolidated Operating Profit Turns Profitable and Increases2×
  7. 6Consolidated ordinary income turns profitable2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Altech yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Operating Margin and ROE of 5% or More in Fiscal 2021 | ALTECH CO.,LTD. (9972) | Komori