Securing Earnings and Improving the Equity Ratio by Strengthening Sales Capability
First written in FY2017. 13 of 38 entries say "Worsened", first in FY2021. Latest entry: FY2027-H1.
STrust moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 10 of 45 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Equity ratio (%) 28.5 28.2 28.7」
The equity ratio was 28.2% for the interim consolidated accounting period, below 28.5% for the same period of the previous fiscal year and 28.7% at the end of the previous fiscal year. It remained below the target of at least 30%. - FY2026AdvancedAnnual report
「The group had set a target equity ratio of at least 30%. During the current fiscal year, inventories declined as sales activities progressed, and total assets consequently contracted, resulting in an equity ratio of 28.7%.」
The equity ratio rose from 21.7% at the end of the previous fiscal year to 28.7%, moving closer to the target of at least 30%. The company also indicated its policy of continuing to increase equity and appropriately reduce interest-bearing debt. - FY2026-H1AdvancedAnnual report
「Equity ratio (%) 23.1 28.5 21.7」
The equity ratio was 28.5% for the interim consolidated accounting period, up from 21.7% at the end of the previous consolidated fiscal year. However, it remained below the existing target of at least 30%. - FY2025WorsenedAnnual report
「The target equity ratio is at least 30%, while the equity ratio at the end of the fiscal year under review was 21.7%, as inventories such as property held for sale increased as a result of efforts to achieve sustainable growth and further enhance corporate value. The company will continue working to improve the equity ratio by increasing equity and reducing interest-bearing debt.」
Against the target of at least 30%, the equity ratio at fiscal year-end was 21.7%, down from 23.3% at the end of the previous fiscal year. The shortfall against the target continued, driven by an increase in inventories. - FY2025-H1WorsenedAnnual report
「Equity ratio (%) 22.3 23.1 23.3」
The equity ratio was 23.1% for the interim consolidated accounting period, below 23.3% at the end of the previous consolidated fiscal year and 24.3% in the first quarter of the previous fiscal year. The shortfall against the target of at least 30% continued. - FY2025-Q1AdvancedAnnual report
「Equity ratio (%) 23.0 24.3 23.3」
The equity ratio was 24.3% for the cumulative first quarter of the current fiscal year, up from 23.3% at the end of the previous fiscal year. However, it remained below the existing target of at least 30%. - FY2024-Q3WorsenedAnnual report
「Equity ratio (%) 22.4 22.0 24.9」
The equity ratio was 22.0% for the cumulative third quarter of the current fiscal year, below 22.4% for the same period of the previous fiscal year and 24.9% at the end of the previous fiscal year. The shortfall against the target of at least 30% continued. - FY2024-Q2WorsenedAnnual report
「Equity ratio (%) 26.1 22.3 24.9」
The equity ratio was 22.3% for the cumulative second quarter of the current fiscal year, below 26.1% for the same period of the previous fiscal year and 24.9% at the end of the previous fiscal year. The shortfall against the target of at least 30% continued. - FY2024-Q1WorsenedAnnual report
「Equity ratio (%) 26.1 23.0 24.9」
The equity ratio was 23.0% for the cumulative first quarter of the current fiscal year, down from 24.9% at the end of the previous fiscal year. The shortfall against the target of at least 30% continued. - FY2023WorsenedAnnual report
「The target equity ratio is at least 30%, while the equity ratio at the end of the fiscal year under review was 24.9%, as inventories such as land for business use increased as a result of efforts to achieve sustainable growth and further enhance corporate value. The company will continue working to improve the equity ratio by increasing equity and reducing interest-bearing debt.」
Against the target equity ratio of at least 30%, the actual ratio at fiscal year-end was 24.9%. It declined from 27.2% at the end of the previous fiscal year, and the shortfall against the target continued. - FY2023-Q3WorsenedAnnual report
「Equity ratio (%) 24.9 22.4 27.2」
The equity ratio was 22.4% for the cumulative third quarter of the current fiscal year, below 24.9% for the same period of the previous fiscal year and 27.2% at the end of the previous fiscal year. The shortfall against the existing target of at least 30% continued. - FY2023-Q1Equity ratio rises, but target remains unmetAnnual report
「Equity ratio (%) 24.3 26.1 27.2」
The equity ratio was 26.1% for the cumulative first quarter of the current fiscal year, above 24.3% for the same period of the previous fiscal year. However, it remained below the target of at least 30%. - FY2022AdvancedAnnual report
「The target equity ratio is at least 30%, while the equity ratio at the end of the fiscal year under review was 27.2%, as inventories such as land for business use increased as a result of efforts to achieve sustainable growth and further enhance corporate value. The company will continue working to improve the equity ratio by increasing equity and reducing interest-bearing debt.」
The equity ratio rose from 22.9% at the end of the previous fiscal year to 27.2%, moving closer to the target of at least 30%, but it remained below target. - FY2022-Q3Decline in equity ratio and failure to meet targetAnnual report
「Equity ratio (%) 19.6 24.9 22.9」
The equity ratio was 24.9% for the cumulative third quarter of the current fiscal year, above 19.6% for the same period of the previous fiscal year and 22.9% at the end of the previous fiscal year, but remained below the target of at least 30%. - FY2022-Q2Equity ratio rises, but target remains unmetAnnual report
「Equity ratio (%) 20.2 27.5 22.9」
The equity ratio was 27.5% for the cumulative second quarter of the current fiscal year, above 20.2% for the same period of the previous fiscal year and 22.9% at the end of the previous fiscal year. However, it remained below the target of at least 30%. - FY2022-Q1Equity ratio rises, but target remains unmetAnnual report
「Equity ratio (%) 22.2 24.3 22.9」
The equity ratio was 24.3% for the cumulative first quarter of the current fiscal year, above 22.2% for the same period of the previous fiscal year and 22.9% at the end of the previous fiscal year. - FY2021WorsenedAnnual report
「The target equity ratio is at least 30%, while the equity ratio at the end of the fiscal year under review was 22.9%, as inventories such as land for business use increased as a result of efforts to achieve sustainable growth and further enhance corporate value. The company will continue working to improve the equity ratio by increasing equity and reducing interest-bearing debt.」
Against the target equity ratio of at least 30%, the actual ratio at fiscal year-end was 22.9%, down from 24.5% at the end of the previous fiscal year. - FY2021-Q3Declining equity ratio and continued failure to meet the targetAnnual report
「Equity ratio (%) 21.5 19.6 24.5」
The equity ratio was 19.6% for the cumulative third quarter of the current fiscal year, below 21.5% for the same period of the previous fiscal year and 24.5% at the end of the previous fiscal year. The shortfall against the annual target of at least 30% continued. - FY2021-Q2Declining equity ratio and continued failure to meet the targetAnnual report
「Equity ratio (%) 26.1 20.2 24.5」
The equity ratio was 20.2% for the cumulative second quarter of the current fiscal year, below 26.1% for the same period of the previous fiscal year and 24.5% at the end of the previous fiscal year. The shortfall against the annual target of at least 30% continued. - FY2021-Q1Declining equity ratioAnnual report
「Equity ratio (%) 30.0 22.2 24.5」
The equity ratio was 22.2% for the cumulative first quarter of the current fiscal year, below 30.0% for the same period of the previous fiscal year and 24.5% at the end of the previous fiscal year. - FY2020SoftenedAnnual report
「The target equity ratio is at least 30%, while the equity ratio at the end of the fiscal year under review was 24.5%, as inventories such as land for business use increased as a result of efforts to achieve sustainable growth and further enhance corporate value.」
The target level was lowered from at least 40% to at least 30%. The actual ratio at fiscal year-end was 24.5%. - FY2020-Q3Declining equity ratio and continued failure to meet the targetAnnual report
「Equity ratio (%) 24.5 21.5 26.5」
The equity ratio was 21.5% for the cumulative third quarter of the current fiscal year, below 26.5% at the end of the previous fiscal year. The shortfall against the existing target of at least 40% continued. - FY2020-Q2Declining equity ratio and continued failure to meet the targetAnnual report
「Equity ratio (%) 24.9 26.1 26.5」
The equity ratio was 26.1% for the cumulative second quarter of the current fiscal year, below 26.5% at the end of the previous fiscal year. The actual ratio remained below the target of at least 40%. - FY2020-Q1Update to the actual equity ratioAnnual report
「Equity ratio (%) 31.4 30.0 26.5」
The equity ratio was 30.0% for the cumulative first quarter of the current fiscal year, compared with 31.4% for the same period of the previous fiscal year and 26.5% at the end of the previous fiscal year. The actual ratio against the target of at least 40% is shown. - FY2019-Q3Declining equity ratioAnnual report
「Equity ratio (%) 31.4 24.5 32.6」
The equity ratio was 24.5% for the cumulative third quarter of the current fiscal year, below 31.4% for the same period of the previous fiscal year and 32.6% at the end of the previous fiscal year. The actual ratio remained below the target of at least 40%. - FY2019-Q2Declining equity ratioAnnual report
「Equity ratio (%) 29.8 24.9 32.6」
The equity ratio was 24.9% for the cumulative second quarter of the current fiscal year, below 29.8% for the cumulative second quarter of the previous fiscal year and 32.6% at the end of the previous fiscal year. The actual ratio remained below the target of at least 40%. - FY2019-Q1Update to the actual equity ratioAnnual report
「Equity ratio (%) 29.1 31.4 32.6」
The equity ratio was 31.4% for the cumulative first quarter of the current fiscal year, 29.1% for the cumulative first quarter of the previous fiscal year, and 32.6% at the end of the previous fiscal year. It declined from the previous fiscal year-end level. - FY2018RaisedAnnual report
「The target equity ratio is at least 40%, while the equity ratio at the end of the fiscal year under review was 32.6%. The company will continue working to improve the equity ratio by increasing equity and reducing interest-bearing debt.」
The previous target of “improving the equity ratio” was specified as a target of at least 40%. The actual ratio at fiscal year-end was 32.6%. - FY2018-Q3Update to the actual equity ratioAnnual report
「Equity ratio (%) 26.4 31.4 29.4」
The key management indicators state that the equity ratio was 31.4% for the cumulative third quarter of the current fiscal year, 26.4% for the cumulative third quarter of the previous fiscal year, and 29.4% at the end of the previous fiscal year. - FY2018-Q2Update to the actual equity ratioAnnual report
「Equity ratio (%) 29.0 29.8 29.4」
The key indicators state that the equity ratio was 29.8% for the cumulative second quarter of the current fiscal year, 29.0% for the cumulative second quarter of the previous fiscal year, and 29.4% at the end of the previous fiscal year. - FY2018-Q1Update to the actual equity ratioAnnual report
「Equity ratio (%) 30.7 29.1 29.4」
The key indicators state that the equity ratio was 29.1% for the cumulative first quarter of the 20th fiscal year and 29.4% at the end of the previous fiscal year. - FY2017First statedAnnual report
「The Group considers securing earnings through stronger sales capabilities its highest priority and will work to stabilize its financial base, with improving the equity ratio as an immediate objective.」
Strengthening sales capabilities to secure earnings is identified as the highest priority, while improving the equity ratio is set as an immediate objective.