Strengthening the Financial Position
First written in FY2016. 20 of 37 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-06.
The whole theme swung hardest in 2020: 8 of 30 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Total net assets increased by ¥4,067 million from the previous consolidated fiscal year. This was mainly due to a ¥1,794 million increase in retained earnings resulting from the recognition of net income attributable to owners of the parent, dividend payments and other factors. As a result, the consolidated equity ratio was 42.1%, up 2.4 percentage points from the end of the previous consolidated fiscal year.」
The consolidated equity ratio, which had fallen to 39.7% at the end of FY2025, rose 2.4 percentage points to 42.1%, while net assets increased by ¥4,067 million. The figures indicate a recovery in financial strength. - FY2026-H1AdvancedAnnual report
「Total net assets increased 2.9% from the end of the previous consolidated fiscal year to ¥47,476 million. This was mainly due to a ¥975 million increase in retained earnings resulting from the recognition of interim net income attributable to owners of the parent, dividend payments and other factors.」
The equity ratio, which had declined to 39.7% at the end of FY2025, rose to 42.2% in the interim period, while net assets increased 2.9%. Short-term borrowings decreased by ¥4,310 million, while long-term borrowings increased by ¥433 million. - FY2025Increase in borrowings and decline in the equity ratio, with a decrease in net assets following the conversion of a subsidiary into a wholly owned subsidiaryAnnual report
「Total net assets decreased by ¥2,567 million from the end of the previous consolidated fiscal year. This was due in part to decreases of ¥1,980 million in capital surplus and ¥652 million in non-controlling interests resulting from the additional acquisition of shares in EVERGREEN ENGINEERING & CONSTRUCTION PTE. LTD., a subsidiary, partly offset by a ¥207 million increase in retained earnings resulting from the recognition of net income attributable to owners of the parent, dividend payments and other factors. As a result, the consolidated equity ratio was 39.7%, down 7.4 percentage points from the end of the previous consolidated fiscal year.」
Although profit was recorded, net assets decreased due to the conversion of EVERGREEN into a wholly owned subsidiary, dividends and increased borrowings. The consolidated equity ratio declined from 47.0% to 39.7%, indicating a deterioration in financial strength. - FY2025-H1Increase in the equity ratio and decrease in net assets, with debt repayment and an additional acquisition of a subsidiaryAnnual report
「Total net assets decreased 8.5% from the end of the previous consolidated fiscal year to ¥44,585 million. This was due in part to decreases of ¥1,987 million in capital surplus and ¥665 million in non-controlling interests resulting from the additional acquisition of shares in EVERGREEN ENGINEERING & CONSTRUCTION PTE. LTD., a subsidiary, as well as a ¥1,426 million decrease in retained earnings resulting from the recognition of interim net income attributable to owners of the parent, dividend payments and other factors.」
While net assets decreased, the equity ratio rose from 47.0% at the end of the previous fiscal year to 48.8%. The disclosure describes several developments in financial metrics and capital allocation, including repayment of ¥4,000 million in short-term borrowings, dividends and the additional acquisition of EVERGREEN shares. - FY2024-Q3Slight increase in the equity ratio and decrease in net assetsAnnual report
「Total net assets decreased 0.6% from the end of the previous consolidated fiscal year to ¥44,415 million. This was mainly due to a ¥1,488 million decrease in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter, dividend payments and other factors.」
Net assets decreased 0.6% from the end of the previous fiscal year to ¥44,415 million, while the equity ratio rose slightly from 47.3% at the end of the previous fiscal year to 47.5%. Retained earnings decreased by ¥1,488 million due to dividend payments and other factors. - FY2024-Q2The equity ratio increased while net assets decreasedAnnual report
「Total net assets decreased 2.2% from the end of the previous consolidated fiscal year to ¥43,673 million. This was mainly due to a ¥1,978 million decrease in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter, dividend payments and other factors.」
While net assets decreased 2.2% from the end of March 2023, the equity ratio rose from 47.3% to 48.6%. Retained earnings declined due to dividend payments, resulting in different movements across the financial metrics. - FY2024-Q1Net assets decreased due to dividend paymentsAnnual report
「Total net assets decreased 5.6% from the end of the previous consolidated fiscal year to ¥42,152 million. This was mainly due to a ¥3,047 million decrease in retained earnings resulting from dividend payments and other factors.」
Net assets decreased 5.6% from the end of the previous fiscal year to ¥42,152 million due to dividend payments and other factors. The equity ratio declined from 47.3% to 47.0%. - FY2023-Q3AdvancedAnnual report
「Total net assets increased 1.8% from the end of the previous fiscal year to ¥43,666 million. This was mainly due to a ¥722 million increase in foreign currency translation adjustment, among other factors.」
Net assets increased 1.8% from the end of the previous fiscal year to ¥43,666 million, while the equity ratio rose from 46.6% to 47.8%. The improvement in financial strength is reflected in the figures. - FY2023-Q2Net assets and the equity ratio edged downAnnual report
「Total net assets edged down 0.5% from the end of the previous fiscal year to ¥42,645 million. This was mainly due to a ¥794 million decrease in retained earnings resulting from the recording of net income attributable to owners of the parent for the quarter and dividend payments, among other factors.」
Net assets decreased 0.5% from the end of the previous fiscal year to ¥42,645 million, while the equity ratio edged down from 46.6% to 46.5%. Although income was recorded, the financial indicators declined slightly due to dividend payments and other factors. - FY2023-Q1Net assets and the equity ratio declinedAnnual report
「Total net assets decreased 4.7% from the end of the previous fiscal year to ¥40,860 million. This was mainly due to a ¥2,168 million decrease in retained earnings resulting from the recording of net income attributable to owners of the parent for the quarter and dividend payments, among other factors.」
Net assets decreased 4.7% from the end of the previous fiscal year, and the equity ratio also fell from 46.6% to 45.3%. Although income was recorded, the financial indicators declined due to dividend payments and other factors. - FY2022-Q3The equity ratio increased while net assets decreasedAnnual report
「Total net assets decreased 2.0% from the end of the previous fiscal year to ¥40,884 million. This was mainly due to a ¥655 million decrease in valuation difference on available-for-sale securities, among other factors.」
Net assets decreased 2.0% from the end of the previous fiscal year to ¥40,884 million, while the equity ratio rose from 45.0% at the end of the previous fiscal year to 48.2%. The indicators showed different movements. - FY2022-Q2The equity ratio increased while net assets decreasedAnnual report
「Total net assets decreased 3.0% from the end of the previous fiscal year to ¥40,447 million. This was mainly due to an ¥1,119 million decrease in retained earnings resulting from the recording of net income attributable to owners of the parent for the quarter and dividend payments, among other factors.」
Net assets decreased 3.0% from the end of the previous fiscal year to ¥40,447 million, while the equity ratio rose from 45.0% to 47.5%. - FY2022-Q1The equity ratio increased while net assets decreasedAnnual report
「Total net assets decreased 5.2% from the end of the previous fiscal year to ¥39,554 million. This was mainly due to a ¥1,939 million decrease in retained earnings resulting from the recording of net income attributable to owners of the parent for the quarter and dividend payments, among other factors.」
Net assets decreased 5.2% from the end of the previous fiscal year, while the equity ratio rose from 45.0% to 45.5%. The indicators showed different movements. - FY2021-Q3The equity ratio increased and net assets roseAnnual report
「Total net assets increased 1.9% from the end of the previous fiscal year to ¥40,079 million. This was mainly due to a ¥1,256 million increase in retained earnings resulting from the recording of net income attributable to owners of the parent for the quarter and dividend payments, among other factors.」
Net assets at the end of the third quarter increased 1.9% from the end of the previous fiscal year to ¥40,079 million. The equity ratio also rose from 38.0% at the end of the previous fiscal year to 47.6%, so both net assets and the equity ratio improved. - FY2021-Q2The equity ratio increased while net assets decreasedAnnual report
「Total net assets decreased 1.8% from the end of the previous fiscal year to ¥38,624 million. This was mainly due to dividend payments and a ¥173 million decrease in valuation difference on available-for-sale securities, despite the recording of net income for the quarter.」
Net assets decreased 1.8% from the end of the previous fiscal year, while the equity ratio rose from 38.0% to 44.8%. The financial position showed different movements across the individual indicators. - FY2021-Q1AdvancedAnnual report
「Equity ratio (%) 39.6 43.2 38.0」
The equity ratio rose from 38.0% at the end of the previous fiscal year to 43.2%. Meanwhile, total net assets decreased 4.1% from the end of the previous fiscal year to ¥37,710 million due to dividend payments and other factors, showing different movements across the indicators. - FY2020Financial indicators improved, but the equity ratio target was not achievedAnnual report
「As a result, the consolidated equity ratio was 38.0%, below the 41.0% target under the Medium-Term Three-Year Plan. The target was not achieved due to the decline in the share price and an increase in total assets resulting from higher net sales.」
Net assets increased 4.9% from the end of the previous fiscal year, while the consolidated equity ratio was 38.0%, below the 41.0% target in the medium-term plan. The improvement in the financial position and the failure to achieve the plan target are both reported. - FY2020-Q3AdvancedAnnual report
「Total net assets increased 6.1% from the end of the previous fiscal year to ¥39,760 million. This was mainly due to a ¥935 million increase in retained earnings resulting from the recording of net income attributable to owners of the parent for the quarter and dividend payments, among other factors, and a ¥1,096 million decrease in treasury stock resulting from the cancellation of treasury stock.」
Net assets at the end of the third quarter increased 6.1% from the end of the previous fiscal year to ¥39,760 million. In addition to the increase in retained earnings, the cancellation of treasury stock also contributed to strengthening the financial position. - FY2020-Q2AdvancedAnnual report
「Total net assets increased 2.8% from the end of the previous fiscal year to ¥38,515 million. This was mainly due to a ¥1,106 million decrease in treasury stock resulting from the cancellation of treasury stock, among other factors.」
Net assets increased 2.8% from the end of the previous fiscal year to ¥38,515 million, and the financial position improved alongside the cancellation of treasury stock. The equity ratio rose from 36.6% at the end of the previous fiscal year to 39.6%. - FY2020-Q1Net assets decreased, while the equity ratio increasedAnnual report
「Total net assets decreased 1.5% from the end of the previous fiscal year to ¥36,892 million. This was mainly due to dividend payments of ¥1,233 million and a ¥247 million decrease in valuation difference on available-for-sale securities.」
Net assets decreased 1.5% from the end of the previous fiscal year due to dividend payments and other factors, while the equity ratio rose from 36.6% to 39.6%. The financial position showed different movements across the individual indicators. - FY2019AdvancedAnnual report
「As a result, the consolidated equity ratio at the end of the fiscal year was 36.6%, up 2.6 percentage points from the end of the previous fiscal year, while net assets per share increased by ¥433.15 to ¥4,624.16.」
The equity ratio rose from 33.9% to 36.6%, and net assets per share also increased. The financial indicators strengthened despite treasury stock repurchases. - FY2019-Q3Net assets edged down due to treasury stock repurchases, while the equity ratio increasedAnnual report
「Total net assets decreased 0.1% from the end of the previous fiscal year to ¥35,183 million. This was mainly because treasury stock increased by ¥811 million as a result of treasury stock repurchases, despite a ¥498 million increase in retained earnings resulting from the recording of net income attributable to owners of the parent for the quarter and dividend payments, among other factors.」
Net assets decreased 0.1% from the end of the previous fiscal year, while the equity ratio rose from 34.0% to 41.4%. The financial indicators showed different movements, involving changes in retained earnings and treasury stock due to dividends and treasury stock repurchases. - FY2019-Q2AdvancedAnnual report
「Total net assets increased 0.7% from the end of the previous fiscal year to ¥35,482 million.」
Net assets at the end of the second quarter increased 0.7% from the end of the previous fiscal year to ¥35,482 million. Although retained earnings decreased by ¥327 million due to dividend payments and other factors, valuation difference on available-for-sale securities increased by ¥582 million, and the equity ratio rose from 34.0% at the end of the previous fiscal year to 41.7%. - FY2019-Q1Net assets decreased due to dividend payments, while the equity ratio increasedAnnual report
「Total net assets decreased 2.0% from the end of the previous fiscal year to ¥34,532 million. This was mainly due to a ¥1,147 million decrease in retained earnings resulting from dividend payments, despite a ¥505 million increase in valuation difference on available-for-sale securities, among other factors.」
Dividend payments reduced retained earnings and net assets, while the equity ratio rose from 34.0% at the end of the previous fiscal year to 36.9%. The financial position showed different movements across the individual indicators. - FY2018AdvancedAnnual report
「As a result, the consolidated equity ratio at the end of the fiscal year was 33.9%, up 5.2 percentage points from the end of the previous fiscal year, while net assets per share increased by ¥61.45 to ¥419.10.」
The equity ratio rose from 28.7% to 33.9%, and net assets per share also increased. The financial position improved on the back of higher retained earnings and lower liabilities. - FY2018-Q3AdvancedAnnual report
「Total net assets increased 13.8% from the end of the previous fiscal year to ¥34,225 million. This was mainly due to an increase of ¥3,299 million in retained earnings, resulting from the recording of net income attributable to owners of the parent for the quarter, among other factors.」
Net assets at the end of the third quarter increased 13.8% from the end of the previous fiscal year to ¥34,225 million, with retained earnings increasing by ¥3,299 million. The equity ratio, another key indicator, was also 35.7%, indicating quantified progress in strengthening the financial position. - FY2018-Q2AdvancedAnnual report
「Total net assets increased 6.5% from the end of the previous fiscal year to ¥32,038 million. This was mainly due to an increase of ¥1,542 million in retained earnings, resulting from the recording of net income attributable to owners of the parent for the quarter, among other factors.」
Net assets at the end of the second quarter increased 6.5% from the end of the previous fiscal year to ¥32,038 million, indicating progress in strengthening the financial position alongside an increase in retained earnings. - FY2018-Q1AdvancedAnnual report
「Total net assets increased 1.6% from the end of the previous fiscal year to ¥30,560 million. This was mainly due to an increase of ¥104 million in retained earnings, resulting from the recording of net income attributable to owners of the parent for the quarter, and an increase of ¥293 million in valuation difference on available-for-sale securities, among other factors.」
Net assets at the end of the first quarter increased 1.6% from the end of the previous fiscal year to ¥30,560 million, indicating quantified progress in strengthening the financial position. - FY2017AdvancedAnnual report
「As a result, the consolidated equity ratio at the end of the fiscal year was 28.7%, up 10.0 percentage points from the end of the previous fiscal year, while net assets per share increased by ¥97.27 to ¥357.65.」
The equity ratio rose from 18.7% at the end of the previous fiscal year to 28.7%, indicating specific progress in strengthening the financial position through a capital increase, an increase in retained earnings, and repayment of short-term borrowings. - FY2017-Q3AdvancedAnnual report
「Total net assets increased 33.2% from the end of the previous fiscal year to ¥26,549 million. This was mainly due to an increase of ¥5,596 million in retained earnings, resulting from the recording of net income attributable to owners of the parent for the quarter, among other factors.」
Net assets at the end of the third quarter increased 33.2% from the end of the previous fiscal year to ¥26,549 million. In addition to the increase in retained earnings, the total commitment line for efficient working-capital financing was expanded from ¥5,000 million to ¥10,000 million, indicating specific progress in the financial position and funding. - FY2017-Q2AdvancedAnnual report
「Total net assets increased 18.9% from the end of the previous fiscal year to ¥23,690 million. This was mainly due to an increase of ¥3,525 million in retained earnings, resulting from the recording of net income attributable to owners of the parent for the quarter, among other factors.」
Net assets at the end of the second quarter increased 18.9% from the end of the previous fiscal year, strengthening the financial base through an increase in retained earnings. - FY2016First statedAnnual report
「"Strengthening the financial position"」
This is one of the four key initiatives under the Medium-Term Three-Year Plan.