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Toho Acetylene (4093) · TargetEquity ratio updatedLatest Results (2026-11-12): "Cited as achieved"

Target to Maintain an Equity Ratio of 50% or Higher

First written in FY2020. 4 of 20 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-11-12.

20entries
7years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2023-Q1 – 2026-11-122020: 320202021: 320212022: 420222023: 420232024: 220242025: 120252026: 32026
Same theme, other companies
Optimal capital structure with a 40–50% equity ratio as a benchmarkA theme 56 companies write about · 4 as a headwind · 50 as a tailwind

The whole theme swung hardest in 2019: 3 of 29 companies on the "Worse" side.

2 other companies' latest entry also says "Cited as achieved".

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 56 companies compared. The sentences above are computed from all 56.
Full recordFilings, disclosures and news, newest first
  1. 2026-11-12Cited as achievedResults

    「自己資本比率 57.3」

    自己資本比率は前連結会計年度末の56.4%から57.3%へ上昇し、50%以上の水準を引き続き上回った。
  2. FY2026Equity ratio updatedAnnual report

    「Equity ratio (%) 56.37」

    The equity ratio rose from 54.41% in the previous fiscal year to 56.37%, remaining above the previous level of 50% or higher.
  3. 2026-05-14Cited as achievedResults

    「この結果、当連結会計年度末の自己資本比率は前連結会計年度末に比べ増加(2.0%)し、56.4%となりました。」

    自己資本比率50%以上の水準を上回る実績を開示している。
  4. FY2026-H1Equity ratio increasedAnnual report

    「Equity ratio (%) 55.11 55.98 54.41」

    The equity ratio at the end of the interim period was 55.98%, higher than 55.11% at the end of the prior-year interim period and 54.41% at the end of the previous consolidated fiscal year.
  5. FY2025-H1Equity ratio increasedAnnual report

    「Equity ratio (%) 53.53 55.11 52.00」

    The equity ratio at the end of the interim period was 55.11%, higher than 53.53% at the end of the prior-year interim period and 52.00% at the end of the previous consolidated fiscal year.
  6. FY2024Equity ratio updatedAnnual report

    「Equity ratio (%) 52.00」

    The equity ratio declined from 52.53% in the previous fiscal year to 52.00%, but remained above the previous level of at least 50% indicated in the FY2022 plan.
  7. FY2024-Q2Equity ratio edges upAnnual report

    「Equity ratio (%) 52.99 53.53 52.53」

    The equity ratio was 53.53% at the end of the second quarter, exceeding 52.99% in the same period of the previous year and 52.53% at the end of the previous fiscal year.
  8. FY2024-Q1Equity ratio increasedAnnual report

    「Equity ratio (%) 53.52 54.13 52.53」

    The equity ratio was 54.13% at the end of the first quarter, exceeding 53.52% in the same period of the previous year and 52.53% at the end of the previous fiscal year.
  9. FY2023Equity ratio updatedAnnual report

    「Equity ratio (%) 52.53」

    The consolidated equity ratio rose from 52.28% in FY2022 to 52.53%. The new medium-term management plan changes the previous wording of at least 50% to "improving the equity ratio."
  10. FY2023-Q3Equity ratio declined from the previous quarterAnnual report

    「Equity ratio (%) 51.87 50.07 52.28」

    The equity ratio was 50.07% at the end of the third quarter, above the previous target level of at least 50%, but down from 51.87% at the end of the previous quarter and 52.28% at the end of the previous fiscal year.
  11. FY2023-Q2Equity ratio declines from the previous quarter despite remaining above the target levelAnnual report

    「Equity ratio (%) 53.57 52.99 52.28」

    The equity ratio was 52.99% at the end of the second quarter, above the previous target level of at least 50%, but down from the levels at the end of the previous fiscal year and the previous quarter.
  12. FY2023-Q1Quarter-end equity ratio risesAnnual report

    「Equity ratio (%) 52.82 53.52 52.28」

    The equity ratio was 53.52% at the end of the first quarter, up from 52.28% at the end of the previous fiscal year.
  13. FY2022SoftenedAnnual report

    「Improving the equity ratio to strengthen financial standing」

    The new medium-term management plan changes the previous quantitative target of an equity ratio of at least 50% to the qualitative wording "improving the equity ratio," with no numerical benchmark specified.
  14. FY2022-Q3Equity ratio remains above target despite declineAnnual report

    「Equity ratio (%) 50.39 51.87 51.63」

    The equity ratio was 51.87% at the end of the third quarter, maintaining a level above the target of at least 50%, although it declined from 53.57% at the end of the previous quarter.
  15. FY2022-Q2AdvancedAnnual report

    「Equity ratio (%) 51.89 53.57 51.63」

    The equity ratio was 53.57% at the end of the second quarter, maintaining a level above the financial-strengthening target of at least 50%. It also rose from 51.63% at the end of the previous fiscal year.
  16. FY2022-Q1AdvancedAnnual report

    「Equity ratio (%) 51.66 52.82 51.63」

    The equity ratio was 52.82% at the end of the first quarter, maintaining a level above the target of at least 50%. It also rose from 51.63% at the end of the previous fiscal year.
  17. FY2021-Q3Equity ratio remains above target despite declineAnnual report

    「Equity ratio (%) 47.71 50.39 50.07」

    The equity ratio was 50.39% at the end of the third quarter, maintaining a level above the target of at least 50%, although it declined from 51.89% at the end of the second quarter.
  18. FY2021-Q2AdvancedAnnual report

    「Equity ratio (%) 47.67 51.89 50.07」

    The equity ratio was 51.89% at the end of the second quarter, maintaining a level above the FY2020 financial-strengthening target of at least 50%.
  19. FY2021-Q1AdvancedAnnual report

    「Equity ratio (%) 46.38 51.66 50.07」

    The equity ratio was 51.66% at the end of the first quarter, exceeding the financial-strengthening target of at least 50%. It also rose from 50.07% at the end of the previous fiscal year.
  20. FY2020First statedAnnual report

    「In addition, the equity ratio is to be maintained at 50% or higher as an indicator of financial strength.」

    As an indicator of financial strength under Challenge2021, the Group identifies an equity ratio of at least 50% as a separate quantitative target for the first time. The current equity ratio is stated as 50.1%.
Moved together

"Operating Cash Flow Generation and Increase in Cash and Cash Equivalents" moved the same way as this thread, in the same document, in 2 of its 20 moves.

2★1
  1. ★This thread
  2. 1Operating Cash Flow Generation and Increase in Cash and Cash Equivalents2×

★ 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
Toho Acetylene's next results are scheduled for 2026-11-12. Read the earnings preview It last moved in the Results of 2026-11-12: "Cited as achieved".
News
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