Focus on Adjusted EBITDA and Adjusted EBITDA Margin
First written in FY2019. 24 of 27 entries say "Restated". Latest entry: 2026-10-14.
The whole theme swung hardest in 2025: 1 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Cited as achieved".
- FY2027-H1RestatedAnnual report
「The calculation methods for adjusted EBITDA, the adjusted EBITDA margin and the adjusted equity attributable to owners of the parent ratio, or adjusted equity ratio, are as follows.」
The Company continues to use adjusted EBITDA, the adjusted EBITDA margin and the adjusted equity ratio as key performance and financial stability indicators. In the current interim period, adjusted EBITDA was ¥13,056 million, the margin was 15.2% and the adjusted equity ratio was 48.6%. - 2026-07-14RestatedEarnings
「Adjusted EBITDA was ¥7,551 million and the adjusted EBITDA margin was 17.5%.」
Adjusted EBITDA and its margin continue to be disclosed as performance indicators. - FY2026RestatedAnnual report
「Adjusted EBITDA for the current consolidated fiscal year was ¥26,271 million, up 0.6% from the prior consolidated fiscal year, the adjusted EBITDA margin was 15.9%, compared with 16.7% in the prior consolidated fiscal year, and the adjusted equity attributable to owners of the parent ratio, or adjusted equity ratio, was 46.2%, compared with 42.9% in the prior consolidated fiscal year.」
Adjusted EBITDA, the adjusted EBITDA margin and the adjusted equity ratio continue to be used as key KPIs, and full-year results have been updated. - 2026-04-14RestatedEarnings
「Adjusted EBITDA was ¥26,271 million and the adjusted EBITDA margin was 15.9%.」
Adjusted EBITDA and related metrics continue to be used as performance indicators. Adjusted EBITDA increased, while the margin declined from 16.7% to 15.9%. - FY2026-H1RestatedAnnual report
「The calculation methods for adjusted EBITDA, the adjusted EBITDA margin and the adjusted equity attributable to owners of the parent ratio, or adjusted equity ratio, are as follows.」
Adjusted EBITDA and related metrics continue to be used as key performance and financial stability indicators. For the current interim period, adjusted EBITDA was ¥14,037 million, the margin was 16.9%, and the adjusted equity ratio was 43.8%. - FY2025RestatedAnnual report
「In the current consolidated fiscal year, adjusted EBITDA was ¥26,124 million, 2.1% compared with the prior consolidated fiscal year, the adjusted EBITDA margin was 16.7%, compared with 17.6% in the prior consolidated fiscal year, and the adjusted equity attributable to owners of the parent ratio, or adjusted equity ratio, was 42.9%, compared with 41.1% in the prior consolidated fiscal year.」
Adjusted EBITDA, the adjusted EBITDA margin and the adjusted equity ratio continue to be used as key KPIs. EBITDA increased, while the margin declined and the adjusted equity ratio increased. - FY2025-H1RestatedAnnual report
「Adjusted EBITDA was ¥13,218 million, down 1.6% year on year, the adjusted EBITDA margin was 17.3%, compared with 18.4% in the same period of the prior year, and the adjusted equity attributable to owners of the parent ratio, or adjusted equity ratio, was 41.9%, compared with 36.9% in the same period of the prior year (Note).」
Adjusted EBITDA, the adjusted EBITDA margin and the adjusted equity ratio continue to be used as indicators of performance and financial stability, and interim-period figures are disclosed. - FY2025-Q1RestatedAnnual report
「Adjusted EBITDA was ¥7,106 million, down 1.9% year on year, the adjusted EBITDA margin was 18.6%, compared with 19.8% in the same period of the prior year, and the adjusted equity attributable to owners of the parent ratio, or adjusted equity ratio, was 41.9%, compared with 35.4% in the same period of the prior year (Note).」
Adjusted EBITDA and the adjusted EBITDA margin continue to be used as indicators of profitability, and the adjusted equity ratio as an indicator of financial stability. In the current quarter, the former was below the same period of the prior year, while the adjusted equity ratio increased. - FY2024RestatedAnnual report
「To achieve sustainable growth while improving management efficiency and maintaining a stable financial position, our Group places importance on adjusted EBITDA and adjusted EBITDA margin as key profitability KPIs, and on the adjusted ratio of equity attributable to owners of the parent (adjusted equity ratio) as an indicator of financial stability.」
Adjusted EBITDA, the adjusted EBITDA margin and the adjusted equity ratio continue to be regarded as key KPIs for management efficiency and financial stability. - FY2024-Q2RestatedAnnual report
「Adjusted EBITDA was ¥13,439 million, down 0.0% year on year, the adjusted EBITDA margin was 18.4%, compared with 24.7% in the same period of the prior year, and the adjusted equity attributable to owners of the parent ratio, or adjusted equity ratio, was 34.5%, compared with 31.9% in the same period of the prior year.」
Adjusted EBITDA and related metrics continue to be used as indicators of performance and financial stability. Adjusted EBITDA was broadly in line with the same period of the prior year, the margin declined, and the adjusted equity ratio increased. - FY2024-Q1RestatedAnnual report
「Adjusted EBITDA was ¥7,242 million, down 22.1% year on year, adjusted EBITDA margin was 19.8%, compared with 35.4% in the same period of the previous year, and the adjusted ratio of equity attributable to owners of the parent (adjusted equity ratio) was 33.0%, compared with 30.2% in the same period of the previous year (Note).」
The Company continues to use adjusted EBITDA, adjusted EBITDA margin and adjusted equity ratio as indicators of operating performance and financial stability. Adjusted EBITDA and margin declined, while the adjusted equity ratio exceeded the level in the same period of the previous year. - FY2023-Q3RestatedAnnual report
「Adjusted EBITDA was ¥18,545 million, down 23.4% year on year, adjusted EBITDA margin was 22.1%, compared with 43.5% in the same period of the previous year, and the adjusted ratio of equity attributable to owners of the parent (adjusted equity ratio) was 32.3% (Note).」
The Company continues to disclose adjusted EBITDA, adjusted EBITDA margin and adjusted equity ratio as indicators of operating performance and financial stability. - FY2023-Q2RestatedAnnual report
「Adjusted EBITDA was ¥13,444 million, down 11.1% year on year, adjusted EBITDA margin was 24.7%, compared with 43.8% in the same period of the previous year, and the adjusted ratio of equity attributable to owners of the parent (adjusted equity ratio) was 31.9% (Note).」
The Company continues to use adjusted EBITDA and related metrics as indicators of operating performance and financial stability. Adjusted EBITDA and margin declined from the same period of the previous year, while the adjusted equity ratio was 31.9%. - FY2023-Q1RestatedAnnual report
「Adjusted EBITDA was ¥9,294 million, up 67.1% year on year, adjusted EBITDA margin was 35.4%, compared with 31.4% in the same period of the previous year, and the adjusted ratio of equity attributable to owners of the parent (adjusted equity ratio) was 30.2% (Note).」
The Company continues to use adjusted EBITDA, adjusted EBITDA margin and adjusted equity ratio as indicators of operating performance and financial stability and has disclosed the figures for the current quarter. - FY2022ReframedAnnual report
「To achieve sustainable growth while improving management efficiency and maintaining a stable financial position, our Group places importance on adjusted EBITDA and adjusted EBITDA margin as key profitability KPIs, and on the adjusted ratio of equity attributable to owners of the parent (adjusted equity ratio) as an indicator of financial stability.」
In addition to adjusted EBITDA and adjusted EBITDA margin as profitability indicators, the Company explicitly identified the adjusted equity ratio, excluding the impact of IFRS 16, as a financial stability KPI and expanded the indicators it emphasizes. - FY2022-Q3RestatedAnnual report
「To achieve sustainable growth while improving management efficiency and maintaining a stable financial position, our Group places importance on adjusted EBITDA and adjusted EBITDA margin as key profitability KPIs, and on the ratio of equity attributable to owners of the parent (equity ratio) as an indicator of financial stability.」
The Company has reaffirmed its policy of emphasizing adjusted EBITDA and adjusted EBITDA margin as key profitability KPIs and the equity ratio as an indicator of financial stability. - FY2022-Q2RestatedAnnual report
「Adjusted EBITDA was ¥15,121 million, compared with negative ¥1,006 million in the same period of the previous year, and adjusted EBITDA margin was 43.8%, compared with negative 3.1% in the same period of the previous year.」
The Company continues to use adjusted EBITDA and adjusted EBITDA margin as useful indicators of operating performance and disclosed results showing that both indicators turned positive from negative in the same period of the previous year. - FY2022-Q1RestatedAnnual report
「Adjusted EBITDA was ¥5,562 million, compared with negative ¥3,320 million in the same period of the previous year, and adjusted EBITDA margin was 31.4%, compared with negative 28.1% in the same period of the previous year (Note 1).」
The Company continues to use adjusted EBITDA and adjusted EBITDA margin as useful indicators of operating performance and disclosed results showing that both turned positive in the first quarter from negative in the same period of the previous year. - FY2021-Q3RestatedAnnual report
「Adjusted EBITDA was ¥3,694 million, down 79.8% year on year, and adjusted EBITDA margin was 6.5%, compared with 18.4% in the same period of the previous year (Note 1).」
The Company continues to use adjusted EBITDA and adjusted EBITDA margin as useful indicators of operating performance. Both indicators declined in the third-quarter cumulative period from the same period of the previous year. - FY2021-Q2RestatedAnnual report
「Adjusted EBITDA was negative ¥1,006 million, compared with ¥12,790 million in the same period of the previous year, and adjusted EBITDA margin was negative 3.1%, compared with 20.1% in the same period of the previous year (Note 1).」
The Company continues to use adjusted EBITDA and adjusted EBITDA margin as useful indicators of operating performance. Both indicators turned negative in the second-quarter cumulative period from positive in the same period of the previous year. - FY2021-Q1RestatedAnnual report
「Adjusted EBITDA was negative ¥3,320 million, compared with ¥6,460 million in the same period of the previous year, and adjusted EBITDA margin was negative 28.1%, compared with 20.2% in the same period of the previous year (Note 1).」
The Company continues to use adjusted EBITDA and adjusted EBITDA margin as useful indicators of operating performance. Both indicators turned negative in the current quarter from positive in the same period of the previous year. - FY2020RestatedAnnual report
「Adjusted EBITDA and adjusted EBITDA margin increased significantly year on year due to the application of IFRS 16, “Leases,” but progressed broadly as expected. Adjusted EBITDA was ¥25,212 million, up 133.1% from the previous consolidated fiscal year, and adjusted EBITDA margin was 18.1%, compared with 9.1% in the previous consolidated fiscal year.」
The Company continues to use adjusted EBITDA and adjusted EBITDA margin as indicators of operating performance and has disclosed the full-year results. It explained that the increase was affected by the application of IFRS 16. - FY2020-Q2RestatedAnnual report
「Adjusted EBITDA was ¥12,790 million, up 116.8% year on year, and adjusted EBITDA margin was 20.1%, compared with 9.8% in the same period of the previous year (Note 1). The significant increase in adjusted EBITDA was attributable to the impact of applying IFRS 16, “Leases.”」
The Company continues to use adjusted EBITDA and adjusted EBITDA margin as useful indicators and has disclosed the figures for the current quarter. It explained that the increase was affected by the application of IFRS 16. - FY2020-Q1RestatedAnnual report
「(Note 1) Our Group uses adjusted EBITDA as a useful indicator of operating performance. Adjusted EBITDA is calculated as follows. • Adjusted EBITDA = Operating profit + Other operating expenses − Other operating income (excluding sponsorship income) + Depreciation and amortization + Non-recurring expense items (such as advisory fees related to share acquisitions)」
The Company continues to use adjusted EBITDA as a useful indicator for assessing operating performance and has disclosed the calculation formula. The figure for the current quarter was disclosed as ¥6,460 million. - FY2019First statedAnnual report
「The group places importance on adjusted EBITDA and adjusted EBITDA margin as useful indicators for assessing its business performance.」
In place of the former profit margin target, the Company explicitly identified adjusted EBITDA and adjusted EBITDA margin for the first time as key indicators for assessing business conditions.