Cados (211A) · TargetRestated
Appropriate capital policy targets: a 40% equity ratio and 10% ROE
First written in FY2024. 4 of 9 entries say "Restated". Latest entry: FY2026.
9entries
3years
5from disclosures
How it moved
Same theme, other companies
Optimal capital structure with a 40–50% equity ratio as a benchmarkA theme 46 companies write about · 2 as a headwind · 43 as a tailwind
The whole theme swung hardest in 2019: 3 of 22 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
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.
Showing 14 of the 46 companies compared. The sentences above are computed from all 46.Full recordFilings, disclosures and news, newest first
- FY2026RestatedAnnual report
「Specifically, as appropriate benchmarks for our capital policy, we will use an equity ratio of 40.0%, return on equity of 10.0%, and dividend payout ratio of 30.0%.」
The benchmarks for the capital policy remain unchanged. For the fiscal year ending July 2026, the equity ratio was 47.6%, above the benchmark, while return on equity was 7.1%. - FY2026-H1AdvancedAnnual report
「As a result, the equity ratio was 56.0%, compared with 55.8% at the end of the previous fiscal year.」
The equity ratio rose from 55.8% at the end of the previous fiscal year to 56.0%, remaining above the 40.0% target. - FY2025-H1AdvancedAnnual report
「Equity ratio (%) 54.7」
The equity ratio rose from 48.8% at the end of the previous fiscal year to 54.7%, exceeding the 40.0% target. The interim disclosure did not include ROE. - FY2024First statedAnnual report
「We will work toward our appropriate capital policy targets of a 10.0% return on equity, a 40.0% equity ratio and a 30.0% dividend payout ratio.」
With reference to average figures for listed construction companies, the Company has set target levels for profitability, financial soundness and shareholder returns. In the fiscal year ended July 2024, ROE was 11.3% and the equity ratio was 48.8%.