Capital and Asset Efficiency Management with an Emphasis on ROE, ROA and Other Indicators
First written in FY2018. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 6 of 35 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- FY2026Increase in ROEAnnual report
「As a result, the payout ratio is expected to be 23.0% and return on equity 12.8% for the fiscal year.」
Return on equity has increased from 6.1% in the previous disclosure to 12.8%. - FY2024Decline in Actual ROEAnnual report
「As a result, the payout ratio was 44.6% and return on equity was 6.1% for the fiscal year.」
Consolidated return on equity declined from 7.3% in the previous fiscal year to 6.1%. - FY2023Decline in Actual ROEAnnual report
「As a result, the payout ratio was 38.4% and return on equity was 7.3% for the fiscal year.」
Return on equity was 7.3%, down from 16.7% in the fiscal year ended June 2021 disclosed previously. - FY2021Update to ROE resultsAnnual report
「As a result, the payout ratio was 22.5% and return on equity was 16.7% for the fiscal year.」
The company disclosed return on equity of 16.7% for the fiscal year. - FY2019Changes to management indicators and disclosure of actual resultsAnnual report
「Accordingly, we have adopted return on equity (ROE), return on sales (ROS), and other metrics as management indicators, and operate the business with a focus on maintaining sound management and reducing costs. As of the end of the fiscal year, ROE was 13.8% and ROS was 13.1%.」
The explanation has changed from the previous reference to ROE, ROA, and other metrics to one using ROE and ROS, with actual results of ROE of 13.8% and ROS of 13.1% disclosed. - FY2018First statedAnnual report
「With the ultimate goal of increasing corporate value, our group is promoting management that emphasizes capital and asset efficiency. We have adopted return on equity (ROE), return on assets (ROA), and other metrics as management indicators, and operate the business with a focus on maintaining sound management and reducing costs.」
The company states that it has adopted ROE, ROA, and other metrics as management indicators to increase corporate value, but does not provide specific targets.