Targets for Return on Assets, Equity Ratio and Return on Equity
First written in FY2017. 19 of 29 entries say "Restated". Latest entry: 2026-08-07.
The whole theme swung hardest in 2020: 25 of 113 companies on the "Worse" side.
6 other companies' latest entry also says "Achieved".
- 2026-08-07AchievedEarnings
「Equity ratio First quarter of the fiscal year ending March 2027 74.2」
The equity ratio rose from 71.1% in the fiscal year ending March 2026 to 74.2%. As no equity-ratio target is stated as a management indicator in the new medium-term management plan, this is recorded as an actual financial metric rather than achievement of an existing target. - FY2026AchievedAnnual report
「The target management indicators are ROE (return on equity) of 10% or higher and an operating margin of 9% or higher. In the current consolidated fiscal year, ROE (return on equity) was 10.5% and the operating margin was 10.5%.」
Against the targets of ROE of 10% or higher and an operating margin of 9% or higher set in Step Forward Rasa 2027, both results for the year were 10.5%, exceeding the numerical target levels. - 2026-05-14Cited as achievedEarnings
「Fiscal year ending March 2026 28,201 6.1 2,958 16.8 3,226 13.5 2,378 14.4」
For the fiscal year ending March 2026, the operating margin was 10.5%, ROE was 10.5% and the equity ratio was 71.1%, exceeding the current targets of ROE of at least 10% and an operating margin of at least 9%. - FY2025ReframedAnnual report
「① Return on equity (ROE) of 10% or higher ② Operating margin of 9% or higher」
The company changed its management indicators from ROE of 9% or higher, operating margin of 6% or higher, and an equity ratio of 50% or higher to ROE of 10% or higher and operating margin of 9% or higher, and no longer states a target equity ratio. - FY2025-H1RestatedAnnual report
「Equity ratio (%) 66.5 68.9 65.9」
The equity ratio was 68.9% at the end of the interim period, continuing to exceed the previously stated target level of 50% or higher. - FY2024RestatedAnnual report
「① Return on equity (ROE) of 9% or higher ② Operating margin of 6% or higher ③ Equity ratio of 50% or higher」
The company continues to set these 3 target management indicators. In FY2024, ROE was 9.6%, operating margin was approximately 8.9%, and the equity ratio was 65.9%, with all three exceeding their target levels. - FY2024-Q3RestatedAnnual report
「Equity ratio (%) 62.5 65.6 63.0」
The equity ratio at the end of the third quarter was 65.6%, exceeding both 63.0% at the end of the previous consolidated fiscal year and 62.5% in the same period of the previous year, and continuing to exceed the target level of 50% or higher. - FY2024-Q2RestatedAnnual report
「Equity ratio (%) 63.3 66.5 63.0」
The equity ratio was 66.5% at the end of the second quarter under review, exceeding both 63.0% at the end of the previous consolidated fiscal year and 63.3% in the same quarter of the previous year, and continuing to exceed the target level of at least 50%. - FY2024-Q1RestatedAnnual report
「Equity ratio (%) 61.7 66.3 63.0」
The equity ratio was 66.3% at the end of the first quarter under review, remaining above the target of at least 50% set in the medium-term management plan. - FY2023-Q3RestatedAnnual report
「Equity ratio (%) 60.3 62.5 61.0」
The equity ratio was 62.5% at the end of the third quarter under review, remaining above the fiscal 2021 target of at least 50%. - FY2023-Q2RestatedAnnual report
「Equity ratio (%) 60.6 63.3 61.0」
The equity ratio was 63.3% at the end of the second quarter under review, exceeding both 61.0% at the end of the previous consolidated fiscal year and 60.6% in the same quarter of the previous year. - FY2022AchievedAnnual report
「In addition, for the management indicators targeted under the medium-term management plan, return on equity based on net income was 10.9% against a target of at least 9%, operating margin was 8.1% against a target of at least 6%, and the equity ratio was 61.0% against a target of at least 50%, meaning that all targets were exceeded.」
Actual results exceeded all 3 targets set under the medium-term management plan: ROE of at least 9%, operating margin of at least 6% and equity ratio of at least 50%. - FY2022-Q3RestatedAnnual report
「Equity ratio (%) 54.5 60.3 56.3」
The equity ratio was 60.3% at the end of the third quarter under review, remaining above the fiscal 2021 target of at least 50%. - FY2022-Q2RestatedAnnual report
「Equity ratio (%) 57.8 60.6 56.3」
The equity ratio was 60.6% at the end of the second quarter under review, remaining above the fiscal 2021 target of at least 50%. - FY2021AdvancedAnnual report
「Return on equity 〃 8.5 10.7 10.8 11.0 9.1」
Consolidated return on equity was 9.1%, reaching the fiscal 2021 target level of at least 9%. This was an actual result among the key management indicators, not an explicit statement by the Company that the target had been achieved. - FY2021-Q3RestatedAnnual report
「Equity ratio (%) 52.1 54.8 54.9」
The equity ratio was 54.8% at the end of the third quarter under review, remaining above the fiscal 2021 target of at least 50%. - FY2021-Q2RestatedAnnual report
「Equity ratio (%) 54.3 58.1 54.9」
The equity ratio was 58.1% at the end of the second quarter under review, remaining above the fiscal 2021 target of at least 50%. - FY2021-Q1RestatedAnnual report
「Equity ratio (%) 51.3 57.1 54.9」
The equity ratio was 57.1% at the end of the first quarter under review, remaining above the fiscal 2021 target of at least 50%. - FY2020ReframedAnnual report
「The Company set the following management indicators to be achieved in fiscal 2021: ① return on equity (ROE) of at least 9%; ② operating margin of at least 6%; and ③ equity ratio of at least 50%.」
The indicator framework was changed from the previous targets for return on assets based on ordinary profit, ROE and equity ratio to targets for fiscal 2021 ROE, operating margin and equity ratio. - FY2020-Q3RestatedAnnual report
「Equity ratio (%) 51.2 52.4 49.8」
The equity ratio was 52.4% at the end of the third quarter under review, remaining above the stated target of at least 50%. - FY2020-Q2RestatedAnnual report
「Equity ratio (%) 55.1 54.5 49.8」
The equity ratio was 54.5% at the end of the second quarter under review, remaining above the stated target of at least 50%. - FY2020-Q1RestatedAnnual report
「Equity ratio (%) 54.6 51.7 49.8」
The equity ratio was 51.7% at the end of the first quarter under review, above the stated target of at least 50%. - FY2019-Q3RestatedAnnual report
「Equity ratio (%) 50.9 51.2 53.2」
The equity ratio was 51.2% at the end of the third quarter under review, remaining above the stated target of at least 50%. - FY2019-Q2RestatedAnnual report
「Equity ratio (%) 50.2 55.1 53.2」
The equity ratio was 55.1% at the end of the second quarter under review, remaining above the stated target of at least 50%. - FY2019-Q1RestatedAnnual report
「Equity ratio (%) 49.9 54.6 53.2」
The equity ratio was 54.6% at the end of the first quarter under review, remaining above the stated target of at least 50%. - FY2018-Q3RestatedAnnual report
「Equity ratio (%) 44.8 50.6 46.7」
The equity ratio was 50.6% at the end of the third quarter under review, remaining above the stated target of at least 50%. - FY2018-Q2AchievedAnnual report
「Equity ratio (%) 45.3 50.0 46.7」
The equity ratio was 50.0% at the end of the second quarter under review, numerically reaching the stated target of at least 50%. The Company made no separate declaration that the target had been achieved. - FY2018-Q1AdvancedAnnual report
「Equity ratio (%) 44.4 49.7 46.7」
The equity ratio increased to 49.7% at the end of the first quarter under review, from 44.4% in the first quarter of the previous year and 46.7% at the end of the previous consolidated fiscal year, approaching the stated target of at least 50%. The disclosure does not state that the target was achieved. - FY2017First statedAnnual report
「① The target for return on assets based on ordinary profit is at least 10%. ② The target for the equity ratio is at least 50%. ③ The target for return on equity based on net income is at least 12%.」
The Company specified, for the first time, targets for 3 management indicators showing financial soundness and capital efficiency.