Improving the Equity Ratio and Strengthening the Financial Position
First written in FY2018-Q2. 14 of 32 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-08-13.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Equity ratio (%) 23.5 20.7 19.8 48.4 51.2」
The equity ratio increased to 51.2% from 48.4% at the end of the previous consolidated fiscal year, and the improvement in the Company’s financial position continued. - 2026-05-14AdvancedEarnings
「Fiscal year ended March 2026 11,914 6,116 51.2 86.27」
The equity ratio increased from 48.4% at the end of the previous fiscal year to 51.2%, and net assets also increased. - FY2026-H1AdvancedAnnual report
「Equity ratio (%) 48.3 50.8 48.4」
The equity ratio increased to 50.8% at the end of the interim period from 48.4% at the end of the previous fiscal year, with the figures reflecting an improvement in the Company’s financial position. - FY2025-H1AdvancedAnnual report
「Equity ratio (%) 19.4 48.3 19.8」
The equity ratio increased to 48.3% at the end of the interim period from 19.8% at the end of the previous fiscal year. The figures reflected an improvement in the Company’s financial position, driven in part by the recognition of gains from the sale of hotel assets. - FY2024-Q3AdvancedAnnual report
「Equity ratio (%) 22.2 22.1 20.7」
The equity ratio was 22.2% in the same period of the previous year, 22.1% at the end of the third quarter, and 20.7% at the end of the previous fiscal year, an increase of 1.4 percentage points from the previous fiscal year-end. - FY2024-Q2Decline in the equity ratio from the end of the previous fiscal yearAnnual report
「Equity ratio (%) 22.2 19.4 20.7」
The equity ratio declined to 19.4% from 20.7% at the end of the previous fiscal year. Net assets also decreased by ¥226 million from the previous fiscal year-end to ¥4,295 million. - FY2024-Q1Slight increase in the equity ratioAnnual report
「Equity ratio (%) 23.0 20.8 20.7」
The equity ratio was 23.0% in the same period of the previous year, 20.8% at the end of the first quarter, and 20.7% at the end of the previous fiscal year, representing a slight increase from the previous fiscal year-end. - FY2023Equity ratio declined to 20.7%Annual report
「Equity ratio (%) 20.7 46.0 42.9 33.1 16.0」
The equity ratio declined to 20.7% from 23.5% at the end of the previous consolidated fiscal year. - FY2023-Q3Equity ratio declined from the previous fiscal year-end but edged up quarter on quarterAnnual report
「Equity ratio (%) 30.3 22.3 23.5」
The equity ratio declined from 23.5% at the end of the previous consolidated fiscal year to 22.3%, while edging up from 22.2% at the end of the previous quarter. - FY2023-Q2Equity ratio declined slightlyAnnual report
「Equity ratio (%) 29.2 22.2 23.5」
The equity ratio declined to 22.2% at the end of the second quarter, from 29.2% in the prior-year period and 23.5% at the end of the previous consolidated fiscal year. - FY2023-Q1Equity ratio declined slightlyAnnual report
「Equity ratio (%) 12.1 23.0 23.5」
The equity ratio declined slightly from 23.5% at the end of the previous consolidated fiscal year to 23.0% at the end of the first quarter. - FY2022AdvancedAnnual report
「Equity ratio (%) 46.0 16.0 23.5」
The consolidated equity ratio rose from 16.0% at the end of the previous consolidated fiscal year to 23.5%, due to the third-party allotment and other measures. - FY2022-Q3AdvancedAnnual report
「Following completion of payment for the issuance of new shares through a third-party allotment on 30 August 2021, capital stock and capital surplus each increased by ¥2,299 million during the cumulative third quarter of the consolidated fiscal year. As a result, at the end of the third quarter of the consolidated fiscal year, capital stock was ¥3,513 million and capital surplus was ¥4,453 million.」
Completion of payment for the third-party allotment increased both capital stock and capital surplus by ¥2,299 million, raising the equity ratio from 16.0% at the previous fiscal year-end to 30.3%. - FY2022-Q2AdvancedAnnual report
「Equity ratio (%) 24.1 29.2 16.0」
The issuance of new shares through a third-party allotment increased both capital stock and capital surplus by ¥2,299 million, raising the equity ratio from 16.0% at the previous fiscal year-end to 29.2%. - FY2022-Q1Equity ratio declined to 12.1%Annual report
「Equity ratio (%) 25.0 12.1 16.0」
The equity ratio declined to 12.1% at the end of the first quarter, from 25.0% in the prior-year period and 16.0% at the end of the previous consolidated fiscal year. - FY2021Equity ratio declined to 16.0%Annual report
「Equity ratio (%) 20.9 46.0 42.9 33.1 16.0」
The equity ratio declined from 33.1% at the end of the previous consolidated fiscal year to 16.0%, while net assets were ¥3,185 million. - FY2021-Q3Equity ratio declined to 20.7%Annual report
「Equity ratio (%) 35.4 20.7 33.1」
The equity ratio was 20.7% at the end of the third quarter, down from 33.1% at the end of the previous consolidated fiscal year. - FY2021-Q2Equity ratio declined to 24.1%Annual report
「Equity ratio (%) 39.5 24.1 33.1」
The equity ratio was 24.1% at the end of the second quarter, down from 33.1% at the end of the previous consolidated fiscal year. - FY2021-Q1Equity ratio declined to 26.6%Annual report
「Equity ratio (%) 46.0 26.6 34.6」
The equity ratio was 26.6% at the end of the first quarter, compared with 46.0% in the prior-year period and 34.6% at the end of the previous consolidated fiscal year. - FY2020Full-year equity ratio declined to 34.6%Annual report
「Equity ratio 43.7 34.6」
The equity ratio declined from 43.7% at the end of the previous consolidated fiscal year to 34.6% at the end of the current consolidated fiscal year. - FY2020-Q3Equity ratio declined significantlyAnnual report
「Equity ratio (%) 42.2 36.7 43.7」
The equity ratio declined from 43.7% at the end of the previous consolidated fiscal year to 36.7% at the end of the third quarter. - FY2020-Q2Decline in the equity ratio from the end of the previous fiscal yearAnnual report
「Equity ratio (%) 44.5 40.4 43.7」
The equity ratio was stated as 44.5% in the prior-year period, 40.4% at the end of the second quarter and 43.7% at the end of the previous consolidated fiscal year, representing a decline from the previous fiscal year-end. - FY2020-Q1AdvancedAnnual report
「Equity ratio (%) 47.6 46.0 43.7」
The equity ratio rose to 46.0% at the end of the first quarter, up from 43.7% at the end of the previous consolidated fiscal year. - FY2019Full-year equity ratio declined from the previous fiscal year-endAnnual report
「Equity ratio (%) 46.5 43.7」
The equity ratio declined from 46.5% at the end of the previous consolidated fiscal year to 43.7% at the end of the current consolidated fiscal year. - FY2019-Q3Continued decline in the equity ratioAnnual report
「Equity ratio (%) 45.0 42.2 46.5」
The equity ratio was 42.2% at the end of the third quarter, compared with 45.0% in the prior-year period and 46.5% at the end of the previous consolidated fiscal year, representing a decline from the previous fiscal year-end. - FY2019-Q2Decline in the equity ratio from the end of the previous fiscal yearAnnual report
「Equity ratio (%) 41.8 44.5 46.5」
The equity ratio was 44.5% at the end of the second quarter, down from 46.5% at the end of the previous consolidated fiscal year. - FY2019-Q1AdvancedAnnual report
「Equity ratio (%) 22.8 47.6 46.5」
The equity ratio was 47.6% at the end of the first quarter, up from 22.8% in the prior-year period and 46.5% at the end of the previous consolidated fiscal year. - FY2018AdvancedAnnual report
「Regarding the financial position, the equity ratio rose as a result of raising funds through a secondary offering of treasury shares to advance future business plans centered on the hotel business. Although both ROA and ROE declined, the company views this as a temporary situation during the development-led phase.」
Following the raising of funds through a secondary offering of treasury shares, the consolidated equity ratio was 46.5%. The decline in financial metrics during the development-led phase was characterized as temporary. - FY2018-Q3AdvancedAnnual report
「Net assets increased by ¥6,285 million from the end of the previous consolidated fiscal year to ¥10,622 million. This was mainly due to a ¥335 million increase in retained earnings, a ¥4,980 million decrease in treasury shares resulting from the disposal and secondary offering of treasury shares, and a ¥944 million increase in capital surplus.」
Net assets increased through the disposal and secondary offering of treasury shares and other measures, bringing the equity ratio to 45.0%. Progress in strengthening the financial position was demonstrated numerically. - FY2018-Q2First statedAnnual report
「In July 2017, the company conducted a disposal and secondary offering of treasury shares (10 million shares) to steadily advance its future business plans centered on the hotel business. It also pursued the off-balance-sheet treatment of fixed assets related to the hotel business through its partnership with NTT Urban Development Corporation, as well as the use of leases. As a result, the equity ratio was 41.8%, enabling the company to further strengthen its financial position.」
The company stated for the first time that it had strengthened its financial position, achieving an equity ratio of 41.8% through the disposal and secondary offering of treasury shares, the off-balance-sheet treatment of fixed assets and the use of leases.