D/E Ratio of 0.45x or Lower; Net Debt/EBITDA of 1 Year or Lower
First written in FY2020. 1 of 2 entries say "Reframed", first in FY2024. Latest entry: FY2024.
Sekisui House moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2024: 3 of 14 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2024ReframedAnnual report
「Assuming the maintenance of domestic credit ratings of AA and overseas credit ratings of A, we are working to maintain financial soundness, with medium-term targets of a D/E ratio of approximately 0.5x and a debt repayment period, represented by the Net Debt/EBITDA ratio, of less than 1.5 years. In the fiscal year ended January 2024, the D/E ratio was 0.44x and the debt repayment period was 1.57 years.」
The financial soundness targets were revised under the Sixth Medium-Term Management Plan from a D/E ratio of 0.45x or lower and a debt repayment period of 1 year or less to approximately 0.5x and less than 1.5 years, respectively. Actual results were a D/E ratio of 0.44x and a debt repayment period of 1.57 years. - FY2020First statedAnnual report
「We are working to maintain financial soundness, with medium-term targets of a D/E ratio of 0.45x or lower and a debt repayment period, represented by the Net Debt/EBITDA ratio, of 1 year or less.」
Medium-term targets for the D/E ratio and debt repayment period are explicitly stated as financial soundness targets.