RACCOON : (Correction) Partial Correction to “Notice Concerning Formulation of Mid-term Management Plan”
June 13, 2022 at 02:23 am EDT
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June 10, 2022
(For Translation Purposes Only)
Raccoon Holdings, Inc.
1-14-14Nihonbashi-Kakigaracho,Chuo-ku Tokyo President: Isao Ogata, Representative Director (Code: 3031, Tokyo Stock Exchange Prime Market) Contact: Satoshi Konno
Executive Vice President and Director (Tel: +81-3-5652-1711)
(Correction) Partial Correction to
"Notice Concerning Formulation of Mid-term Management Plan
(Fiscal Year Ending April 30, 2023 to Fiscal Year Ending April 30, 2025)"
Raccoon Holdings, Inc. ("Raccoon") hereby announces the partial correction to "Notice Concerning Formulation of Mid-term Management Plan (Fiscal Year Ending April 30, 2023 to Fiscal Year Ending April 30, 2025)" disclosed on June 10, 2022, as follows.
Corrections are underlined.
(Before correction)
Aim for growth in all businesses, with a target growth rate of +17.8% CAGR
Aim to improve operating margin while investing in growth against a backdrop of a high marginal income ratio
Conduct assertive shareholder returns with a goal of 27% ROE
(in millions of yen)
Fiscal year ended
Fiscal year ending
April 30, 2025
Growth rate
April 30, 2022 (results)
(planned)
Net sales
4,767
7,800
CAGR
+17.8%
Operating
1,127
2,600
CAGR
income
+32.1%
Operating
23.6%
33.3%
+9.7pt
margin
ROE
7.7% *1
+19.3pt
(13.7% excluding
27.0%
(+13.3pt)
extraordinary losses)
*1 Temporary decline in ROE due to impairment of investment securities and goodwill
(After correction)
Aim for growth in all businesses, with operating income growth of +27.0% CAGR due to higher operating margins
Aim to improve operating margin while investing in growth against a backdrop of a high marginal income ratio
Conduct assertive shareholder returns with a goal of 25%ROE
(in millions of yen)
Fiscal year ended
Fiscal year ending
April 30, 2025
Growth rate
April 30, 2022 (results)
(planned)
Net sales
4,789
7,700
CAGR
+17.0%
Operating
1,126
2,310
CAGR
income
+27.0%
Operating
23.5%
30.0%
+6.5pt
margin
ROE
6.7% *1
+18.3pt
(13.6% excluding
25.0%
(+11.4pt)
extraordinary losses)
*1 Temporary decline in ROE due to impairment of investment securities and goodwill
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RACCOON Co. Ltd. published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 06:22:07 UTC.
RACCOON HOLDINGS, Inc. is primarily engaged in providing services facilitating business transactions between enterprises, mainly operating EC business. The Company operates in three segments. The EC segment is engaged in Super Delivery business, which operates wholesale site connecting retailers and manufacturers engaged in apparel and other goods business, as well as COREC business, which is a cloud-type ordering system that can collectively manage ordering in business-to-business transactions (BtoB) on the Internet. The Paid segment engages in invoice issuance and payment collection generated between company transactions. The Guarantee segment is engaged in the provision of accounts receivable and rent and court costs.