Improving Asset Efficiency While Expanding the Business and Strengthening Financial Condition
First written in FY2019. 16 of 20 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2022: 4 of 21 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Slight deterioration in financial indicatorsAnnual report
「The ratio of equity attributable to owners of the parent at the end of the consolidated fiscal year fell 0.1 percentage points from the end of the previous consolidated fiscal year to 51.8%, while the D/E ratio rose 0.01 to 0.50.」
The ratio of equity attributable to owners of the parent and the D/E ratio deteriorated slightly from the end of the previous fiscal year due to the acquisition of treasury shares and an increase in borrowings, among other factors. - 2026-05-29AdvancedM&A and Subsidiary Changes
「本売却は、ベストオーナー視点に基づき、経営資源の最適配置を図ることで資本効率と企業価値の向上を目指す取り組みの一環です。」
曽田香料の全株式売却契約を締結し、事業ポートフォリオ再構築と経営資源の最適配置を通じた資本効率・企業価値向上の具体的な取り組みを示した。 - FY2026-H1Decline in the Ratio of Equity Attributable to Owners of the ParentAnnual report
「Capital increased by ¥13.1 billion from the end of the previous consolidated fiscal year to ¥1,833.7 billion, primarily because retained earnings and other components of equity increased, despite a decrease resulting from the acquisition of treasury shares. Of this amount, equity attributable to owners of the parent was ¥1,716.5 billion. The ratio of equity attributable to owners of the parent at the end of the interim consolidated accounting period fell 0.7 percentage points from the end of the previous consolidated fiscal year to 51.2%.」
The ratio of equity attributable to owners of the parent fell from 51.9% at the end of the previous fiscal year to 51.2%, mainly due to the acquisition of treasury shares and other factors. - FY2025AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the consolidated fiscal year rose 1.8 percentage points from the end of the previous consolidated fiscal year to 51.9%, while the D/E ratio fell 0.05 to 0.49.」
Regarding financial soundness, the ratio of equity attributable to owners of the parent was 51.9% and the D/E ratio was 0.49, indicating progress in improving asset efficiency and the financial position. - FY2025-H1AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the interim consolidated accounting period rose 1.2 percentage points from the end of the previous consolidated fiscal year to 51.3%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 1.2 percentage points from 50.1% at the end of the previous fiscal year to 51.3%. - FY2024AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the consolidated fiscal year rose 2.0 percentage points from the end of the previous consolidated fiscal year to 50.1%, while the D/E ratio fell 0.07 to 0.55.」
Regarding its financial position, the ratio of equity attributable to owners of the parent was 50.1% and the D/E ratio was 0.55, representing an improvement from the end of the previous fiscal year. - FY2024-Q3AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the third quarter of the current consolidated fiscal year rose 0.8 percentage points from the end of the previous consolidated fiscal year to 48.9%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 0.8 percentage points from 48.1% at the end of the previous fiscal year to 48.9%. - FY2024-Q2AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the second quarter of the current consolidated fiscal year rose 1.5 percentage points from the end of the previous consolidated fiscal year to 49.6%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 1.5 percentage points from the end of the previous fiscal year to 49.6%. - FY2024-Q1AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the first quarter of the current consolidated fiscal year rose 1.0 percentage point from the end of the previous consolidated fiscal year to 49.1%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 1.0 percentage point from 48.1% at the end of the previous fiscal year to 49.1%. - FY2023AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the consolidated fiscal year rose 1.9 percentage points from the end of the previous consolidated fiscal year to 48.1%, while the D/E ratio fell 0.05 to 0.62.」
Regarding financial soundness, the ratio of equity attributable to owners of the parent rose to 48.1% and the D/E ratio fell to 0.62. - FY2023-Q3AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the third quarter of the current consolidated fiscal year rose 0.3 percentage points from the end of the previous consolidated fiscal year to 46.5%.」
The ratio of equity attributable to owners of the parent rose 0.3 percentage points from the end of the previous fiscal year to 46.5%. - FY2023-Q2AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the second quarter of the current consolidated fiscal year rose 0.8 percentage points from the end of the previous consolidated fiscal year to 47.0%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose from 46.2% at the end of the previous fiscal year to 47.0%. - FY2023-Q1AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the first quarter of the current consolidated fiscal year rose 0.6 percentage points from the end of the previous consolidated fiscal year to 46.8%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 0.6 percentage points from 46.2% at the end of the previous fiscal year to 46.8%. - FY2022AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the consolidated fiscal year rose 2.7 percentage points from the end of the previous consolidated fiscal year to 46.2%, while the D/E ratio fell 0.12 to 0.67.」
As part of its efforts to pursue both business expansion and a stronger financial position, the company reported annual improvements in the ratio of equity attributable to owners of the parent and the D/E ratio. - FY2022-Q3AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the third quarter of the current consolidated fiscal year rose 1.9 percentage points from the end of the previous consolidated fiscal year to 45.4%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 1.9 percentage points from the end of the previous consolidated fiscal year to 45.4%. - FY2022-Q2AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the second quarter of the current consolidated fiscal year rose 2.2 percentage points from the end of the previous consolidated fiscal year to 45.7%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 2.2 percentage points from 43.5% at the end of the previous fiscal year to 45.7%. - FY2022-Q1AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the first quarter of the current consolidated fiscal year rose 0.9 percentage points from the end of the previous consolidated fiscal year to 44.3%.」
Regarding its financial position, the ratio of equity attributable to owners of the parent rose 0.9 percentage points from the end of the previous consolidated fiscal year to 44.3%. - FY2021AdvancedAnnual report
「The ratio of equity attributable to owners of the parent at the end of the consolidated fiscal year rose 2.6 percentage points from the end of the previous consolidated fiscal year to 43.5%, while the D/E ratio fell 0.10 to 0.79.」
As part of its efforts to pursue both business expansion and a stronger financial position, the company reported improved financial indicators, with the ratio of equity attributable to owners of the parent at 43.5% and a D/E ratio of 0.79. - FY2020RaisedAnnual report
「To maintain financial soundness, the company will manage its operations with greater consideration than before for the balance among profit, cash flow and asset efficiency. It will also pursue structural reforms in low-growth, low-profitability businesses to establish a new growth trajectory.」
The company expanded its efforts to improve asset efficiency into strengthening its management platform, with an emphasis on the balance among profit, cash flow and asset efficiency, and also explicitly stated that it would pursue structural reforms in low-growth, low-profitability businesses. - FY2019First statedAnnual report
「In addition, under the basic policy of pursuing both business expansion and a stronger financial position, the company is working to improve asset efficiency by reducing working capital, increasing fixed-asset utilization, and making effective use of surplus funds within the group through a cash management system, among other measures.」
The company cited reductions in working capital, higher fixed-asset utilization and the use of funds within the group as measures to pursue both business expansion and a stronger financial position.