Numerical Targets under the Third Medium-Term Management Plan and Early Achievement of the Revenue Target
First written in FY2018. . Latest entry: FY2019.
The whole theme swung hardest in 2021: 5 of 21 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2019Revenue and ROE Achieved; Operating Profit Target MissedAnnual report
「Although the targets for revenue and ROE were achieved one year ahead of schedule, the operating profit target was missed by ¥12,005 million, down 7.7% year on year, owing to unanticipated changes in the external environment, including increases in delivery charges for products and catalogs, hotel opening costs in the property business, and delays in hotel openings.」
The Company stated that, under the Third Medium-Term Management Plan, the targets for net sales and ROE were achieved one year ahead of schedule, while the operating profit target was missed owing to changes in the external environment and other factors. - FY2018First statedAnnual report
「We formulated the Third Management Plan covering the fiscal years ending March 2017 through March 2019. The target indicators for the final year were: (1) net sales of ¥180 billion, (2) operating profit of ¥15 billion, and (3) ROE of at least 10.8%. We aim to achieve the targets for the final year of the Third Management Plan by responding to changes in the external environment, including consumer conditions and the internet, maturing portfolio management and strengthening our internal structure. We also achieved the early sales target of ¥160,000 million.」
The final year of the Third Management Plan was the fiscal year ending March 2019, with numerical targets for net sales, operating profit and ROE. The sales target of ¥160 billion was achieved one year ahead of schedule.