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Hikari Food Service (138A) · TargetIncrease in net assets, decline in equity ratioLatest Financial results presentation (2026-10-14): "Advanced"

Enhancing Equity Capital and Strengthening the Financial Condition

First written in FY2023. 8 of 11 entries say "Advanced", first in FY2024-Q1. Latest entry: 2026-10-14.

11entries
3years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2024-Q1 – FY2025-H12024: 320242025: 220252026: 62026
Same theme, other companies
Strengthening the Financial Base through Equity Capital, Cash and Recurring RevenueA theme 13 companies write about · 0 as a headwind · 13 as a tailwind

The whole theme swung hardest in 2026: 3 of 12 companies on the "Worse" side.

5 other companies' latest entry also says "Advanced".

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. FY2026-H1Increase in net assets, decline in equity ratioAnnual report

    「Net assets were ¥1,407,437 thousand, reflecting an increase in retained earnings from interim net income of ¥137,016 thousand despite the payment of ¥39,680 thousand in dividends. As a result, the equity ratio was 48.8%, compared with 49.4% at the end of the prior fiscal year.」

    Net assets increased from ¥1,310,100 thousand at the end of the prior fiscal year to ¥1,407,437 thousand, while the equity ratio declined from 49.4% to 48.8%.
  2. FY2025Net assets increased, but the equity ratio declinedAnnual report

    「Net assets increased by ¥62,781 thousand from the end of the prior fiscal year to ¥1,310,100 thousand, while the equity ratio was 49.4%, compared with 51.8% at the end of the prior fiscal year.」

    Net assets increased, while the equity ratio declined from 51.8% to 49.4%, partly due to dividend payments.
  3. FY2025-H1AdvancedAnnual report

    「Net assets were ¥1,296,016 thousand. Although interim net income was ¥88,377 thousand, retained earnings declined due to the payment of ¥39,680 thousand in dividends. As a result, the equity ratio was 52.3%, compared with 51.8% at the end of the prior fiscal year.」

    Despite the payment of dividends after recording interim net income, net assets rose to ¥1,296,016 thousand and the equity ratio to 52.3%, indicating further strengthening of the equity base.
  4. FY2024AdvancedAnnual report

    「Net assets were ¥1,247,319 thousand, reflecting an increase in retained earnings from the recognition of net income of ¥100,327 thousand and increases of ¥391,552 thousand each in share capital and capital surplus.」

    The listing-related share issuance and net income increased net assets to ¥1,247,319 thousand and the equity ratio to 51.8%, further strengthening the equity base.
  5. FY2024-Q2AdvancedAnnual report

    「Net assets were ¥1,223,581 thousand, reflecting an increase in retained earnings from the recognition of quarterly net income of ¥76,589 thousand and increases of ¥391,552 thousand each in share capital and capital surplus.」

    Alongside the listing-related share issuance, quarterly net income increased net assets to ¥1,223,581 thousand and the equity ratio to 48.5%, further demonstrating the strengthening of the equity base.
  6. FY2024-Q1AdvancedAnnual report

    「The substantial increases in share capital, net assets and the equity ratio during the cumulative first-quarter period of the 15th fiscal year resulted from the issuance of new shares in connection with the listing on the Growth Market of the Tokyo Stock Exchange and the Next Market of the Nagoya Stock Exchange on 28 February 2024.」

    The listing-related share issuance resulted in share capital of ¥411,552 thousand, net assets of ¥1,176,178 thousand and an equity ratio of 47.4%, demonstrating the strengthening of the equity base in numerical terms.
  7. FY2023First statedAnnual report

    「Going forward, we intend to focus on strengthening our equity base.」

    The company points to strengthening equity and its financial base, including through retained earnings and capital increases, in both its discussion of borrowing dependence and its dividend policy.
Moved together

"Continuous expansion of store openings from existing regions into new regions" moved the same way as this thread, in the same document, in 7 of its 11 moves.

776554★123456
  1. ★This thread
  2. 1Continuous expansion of store openings from existing regions into new regions7×
  3. 2Reliance on Interest-Bearing Debt and Rising Interest Rates7×
  4. 3Phased store-opening plan spanning fiscal 2024 to fiscal 20266×
  5. 4Driving Visits Through Events, Limited-Time Menus and QSC5×
  6. 5Store network expansion combining company-operated, outsourced and franchised locations, with consistent brand principles5×
  7. 6Talent Recruitment, Training and Values Alignment4×

★ 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 Hikari Food Service yet. It last moved in the Financial results presentation of 2026-10-14: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Enhancing Equity Capital and Strengthening the Financial Condition | Hikari Food Service Co.,Ltd. (138A) | Komori