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Belc (9974) · TargetSoftened

Maintaining a Consolidated Ordinary Profit Margin on Sales of 4.5% or Higher

First written in FY2018. 6 of 13 entries say "Restated". Latest entry: FY2027-H1.

13entries
9years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2024SoftenedFY2025-H1 – FY2026-H12018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 220242025: 120252026: 42026
Same theme, other companies
Target for improving the ordinary profit margin on salesA theme 69 companies write about · 2 as a headwind · 68 as a tailwind

The whole theme swung hardest in 2018: 5 of 50 companies on the "Worse" side.

6 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.
Showing 14 of the 69 companies compared. The sentences above are computed from all 69.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1SoftenedAnnual report

    「The results for the interim consolidated accounting period left challenges in both net sales and profit.」

    The previous numerical target of a consolidated ordinary profit-to-net-sales ratio of at least 4.5% was not reiterated in this filing, which is limited to a description of challenges in net sales and profit and a general improvement policy.
  2. FY2026Updated actual results showing that the full-year target was not achievedAnnual report

    「The ordinary profit margin on sales was 4.4%, below the target management indicator of 4.5%.」

    The company restates its target consolidated ordinary profit margin on sales of at least 4.5% and states that the actual result of 4.4% for the current consolidated fiscal year was below target.
  3. FY2026-H1SoftenedAnnual report

    「Although operating performance during the interim consolidated accounting period is progressing in line with the company plan, the results indicate that challenges remain in securing the profit margin. From the third quarter onward, we will review pricing policies at each store and continue working to secure high profitability while maintaining competitiveness.」

    The company does not restate the previous numerical target of a consolidated ordinary profit margin on sales of at least 4.5%, instead describing the challenge of securing the profit margin, the review of store-by-store pricing policies from the third quarter onward, and efforts to secure high profitability.
  4. FY2025-H1SoftenedAnnual report

    「Although operating performance during the interim consolidated accounting period is progressing in line with the company plan, we will continue working to maintain high profitability.」

    The company describes progress in line with its plan and the maintenance of high profitability, but does not restate the previous numerical target of a consolidated ordinary profit margin on sales of at least 4.5% in this filing.
  5. FY2024Target not achievedAnnual report

    「The ordinary profit margin on sales was 4.3%. The target management indicator of 4.5% was not achieved.」

    The company continues to target a consolidated ordinary profit margin on sales of at least 4.5%, but states that the actual result for the current consolidated fiscal year was 4.3%, below target.
  6. FY2023RestatedAnnual report

    「The ordinary profit margin on sales was 4.7%, and the target management indicator of 4.5% was achieved through appropriate expense control.」

    The company states that it achieved its target consolidated ordinary profit margin on sales of at least 4.5%, with an actual result of 4.7% for the current fiscal year.
  7. FY2022RestatedAnnual report

    「The ordinary profit margin on sales was 4.7%, and the target management indicator of 4.5% was achieved through appropriate expense control.」

    The company states that it achieved its target consolidated ordinary profit margin on sales of at least 4.5%, with an actual result of 4.7% for the current fiscal year.
  8. FY2021RestatedAnnual report

    「The ordinary profit margin on sales was 4.5%, and the target management indicator of 4.5% was achieved through appropriate expense control.」

    The company maintained its target of a consolidated ordinary profit margin on sales of at least 4.5% and states that it achieved it with an actual result of 4.5% for the current consolidated fiscal year.
  9. FY2020RestatedAnnual report

    「The ordinary profit margin on sales was 4.7%, and the target management indicator of 4.5% was achieved through appropriate expense control.」

    For the target consolidated ordinary profit margin on sales of at least 4.5%, the company reports that it achieved 4.7% in the current consolidated fiscal year.
  10. FY2019AchievedAnnual report

    「The ordinary profit margin on sales was 4.7%, and the target management indicator of 4.5% was achieved through appropriate expense control.」

    Against the target of a consolidated ordinary profit margin on sales of at least 4.5%, the ratio was 4.7% for the current consolidated fiscal year, clearly achieving the target.
  11. FY2018First statedAnnual report

    「To this end, we regard the consolidated ordinary profit margin on sales as an important management indicator and will reflect the goal of maintaining it at 4.5% or higher in our future business strategy.」

    The Group has set a consolidated ordinary profit margin on sales of at least 4.5% as a management indicator aimed at stable growth, strengthening its financial position and maximising corporate value.
Moved together

"Global Economic Uncertainty and Economic Slowdown" moved the same way as this thread, in the same document, in 3 of its 13 moves.

32222★12345
  1. ★This thread
  2. 1Global Economic Uncertainty and Economic Slowdown3×
  3. 2Slowing Personal Consumption and Consumers’ Cost-Consciousness2×
  4. 3Risk of Inability to Recover Security Deposits2×
  5. 4Impact of Interest-Bearing Debt and Interest Rate Fluctuations on Operating Performance2×
  6. 5Higher Transportation and Procurement Costs Due to Rising Crude Oil and Raw Material Prices2×

★ 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 Belc yet. It last moved in the Business Plan of 2026-04-10: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Maintaining a Consolidated Ordinary Profit Margin on Sales of 4.5% or Higher | Belc CO.,LTD. (9974) | Komori