Recurring Revenue Fixed-Cost Coverage Ratio of 200% or Higher
First written in FY2024. 2 of 7 entries say "Worsened", first in 2026-04-14. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1Fixed-cost coverage ratio improved to 196% but remained below the 200% targetAnnual report
「In addition, the stock revenue fixed-cost coverage ratio (Note 3) was 196%, securing stable revenue well above fixed costs and maintaining a highly stable earnings base even amid changes in the operating environment, including rising interest rates.」
The stock revenue fixed-cost coverage ratio increased from 195.1% in the previous period to 196%, but remained below the KPI level of 200% or more. - 2026-07-15AdvancedEarnings presentation
「Recurring revenue fixed-cost coverage ratio: 200% or more」
The first-quarter recurring revenue fixed-cost coverage ratio was 206.3%, above the KPI level of 200% or more. - FY2026Actual fixed-cost coverage ratio fell below the 200% targetAnnual report
「In the fiscal year ended February 2026, stock-based revenue reached a record high, with a stock-based revenue ratio of 57.8% and a stock-based revenue fixed-cost coverage ratio of 195.1%.」
Against the target of a stock income fixed-cost coverage ratio of 200% or higher, the actual ratio was 195.1% in the current fiscal year. - FY2025AchievedAnnual report
「In the fiscal year ended February 2025, stock-based revenue reached a record high, with a stock-based revenue ratio of 59.5% and a stock-based revenue fixed-cost coverage ratio of 209.7%.」
The stock income fixed-cost coverage ratio KPI of 200% or higher reached 209.7% in the current fiscal year, exceeding the target level. - FY2024First statedAnnual report
「② Stock income fixed-cost coverage ratio (newly established): 200% or higher」
The company established a fixed-cost coverage ratio of 200% or higher, based on rental income, electricity sales revenue, base management fees from AM and other sources, as a new KPI measuring the stability of stock income.