Komori
System Research (3771) · TargetAdvanced

Shareholder-focused management with ROE as the most important indicator

First written in FY2017. 6 of 10 entries say "Advanced", first in FY2019. Latest entry: FY2026.

10entries
10years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018AdvancedFY2019 – FY2020AdvancedFY2022 – FY20242017: 120172018: 120182019: 120192020: 120202021: 120212022: 120222023: 020232024: 120242025: 120252026: 22026
Same theme, other companies
ROE Improvement TargetA theme 262 companies write about · 3 as a headwind · 262 as a tailwind

The whole theme swung hardest in 2020: 27 of 114 companies on the "Worse" side.

47 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 266 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The Company is pursuing as a management objective maintaining ROE above the cost of capital based on the amount of profit secured using capital entrusted by shareholders. ROE for the consolidated fiscal year was 20.6% (19.6% in the previous fiscal year).」

    Under the policy of targeting ROE above the cost of capital, ROE increased from 19.6% in the previous fiscal year to 20.6%.
  2. 2026-05-11AdvancedEarnings

    「自己資本利益率 20.6 19.6」

    自己資本利益率は19.6%から20.6%へ上昇し、資本コスト以上のROE維持を目標とするテーマの実績が改善した。
  3. FY2025WorsenedAnnual report

    「ROE for the consolidated fiscal year was 19.6% (20.0% in the previous fiscal year).」

    While the Company targets maintaining ROE above the cost of capital, ROE declined from 20.0% in the previous fiscal year to 19.6%.
  4. FY2024AdvancedAnnual report

    「ROE for the consolidated fiscal year was 20.0% (18.5% in the previous fiscal year).」

    Under the target of maintaining ROE above the cost of capital, ROE increased from 18.5% in the previous fiscal year to 20.0%.
  5. FY2022AdvancedAnnual report

    「ROE for the consolidated fiscal period was 19.5% (16.2% in the previous fiscal year).」

    Under the target of maintaining ROE above the cost of capital, ROE increased from 16.2% to 19.5%.
  6. FY2021WorsenedAnnual report

    「To demonstrate its shareholder-focused stance, the Company places importance on return on equity (ROE) as a management indicator. It is pursuing as a management objective maintaining ROE above the cost of capital based on the amount of profit secured using capital entrusted by shareholders. ROE for the consolidated fiscal period was 16.2% (21.2% in the previous fiscal year).」

    While the Company targets maintaining ROE above the cost of capital, ROE declined from 21.2% in the previous fiscal year to 16.2%.
  7. FY2020AdvancedAnnual report

    「ROE for the consolidated fiscal period was 21.2% (18.3% in the previous fiscal year).」

    Under the policy of emphasizing ROE, ROE increased from 18.3% in the previous fiscal year to 21.2%.
  8. FY2019AdvancedAnnual report

    「ROE for the consolidated fiscal period was 18.3% (15.1% in the previous fiscal year).」

    Under the policy of treating ROE as the most important indicator, ROE increased from 15.1% in the previous fiscal year to 18.3%.
  9. FY2018RestatedAnnual report

    「To demonstrate its shareholder-focused stance, the Company places the highest importance on return on equity (ROE) as its most important management indicator. It is pursuing as a management objective an increase in the amount of profit secured using capital entrusted by shareholders. ROE for the consolidated fiscal period was 15.1% (16.5% in the previous fiscal year).」

    The policy of treating ROE as the most important indicator continued, but actual ROE declined from 16.5% in the previous fiscal year to 15.1%.
  10. FY2017First statedAnnual report

    「To demonstrate its shareholder-focused stance, the Company places the highest importance on return on equity (ROE) as its most important management indicator. It is pursuing as a management objective an increase in the amount of profit secured using capital entrusted by shareholders. Specifically, the Company aims to prioritize shareholder returns by improving profitability through establishing business continuity systems, stabilizing its management foundation and expanding the business.」

    The Company has specified for the first time its objective of improving profitability and shareholder returns through business continuity systems, stabilization of the management foundation and business expansion, with ROE as its most important management indicator.
Moved together

"Increases in Net Sales and Profit and Improvement in ROE" moved the same way as this thread, in the same document, in 7 of its 10 moves.

776665★123456
  1. ★This thread
  2. 1Increases in Net Sales and Profit and Improvement in ROE7×
  3. 2Recovery in the Information Services Industry and Growth in Software Demand7×
  4. 3IT Investment Demand and Engineer Shortages in Nagoya and Tokyo6×
  5. 4Increase in Operating Cash Flow and Accumulation of Cash6×
  6. 5High SE Utilization and Improved Gross Margin6×
  7. 6Recurring Orders and Repeat Transactions from Existing Customers5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
System Research's next results are scheduled for 2026-10-28. Read the earnings preview It last moved in the Earnings of 2026-05-11: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.