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Dainichiseika Color & Chemicals Mfg. (4116) · TargetAdvanced

Interest-Bearing Debt Management Using a D/E Ratio of No More Than 1x as a Guideline

First written in FY2020. 6 of 7 entries say "Advanced", first in FY2023. Latest entry: FY2026.

7entries
7years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2020AdvancedFY2023 – FY20262020: 120202021: 020212022: 020222023: 120232024: 120242025: 120252026: 32026
Same theme, other companies
Maintaining Financial Soundness Through Net Debt/EBITDA Ratio ManagementA theme 20 companies write about · 0 as a headwind · 17 as a tailwind

The whole theme swung hardest in 2024: 3 of 14 companies on the "Worse" side.

4 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 20 companies compared. The sentences above are computed from all 20.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The company uses a D/E ratio of 1x or lower as its numerical benchmark for interest-bearing debt. The D/E ratio was 0.13x at the end of the current consolidated fiscal year.」

    The company maintained its benchmark of a D/E ratio of 1x or lower, while the actual ratio declined from 0.16x in the previous fiscal year to 0.13x.
  3. FY2025AdvancedAnnual report

    「The company uses a D/E ratio of 1x or lower as its numerical benchmark for interest-bearing debt. The D/E ratio was 0.16x at the end of the current consolidated fiscal year.」

    The company maintained its benchmark of a D/E ratio of 1x or lower, while the actual ratio declined from 0.22x in the previous fiscal year to 0.16x.
  4. FY2024AdvancedAnnual report

    「The company uses a D/E ratio of 1x or lower as its numerical benchmark for interest-bearing debt. The D/E ratio was 0.22x at the end of the current consolidated fiscal year.」

    The company maintained its benchmark of a D/E ratio of 1x or lower, while the actual ratio declined from 0.28x in the previous disclosure to 0.22x.
  5. FY2023AdvancedAnnual report

    「The company uses a D/E ratio of 1x or lower as its numerical benchmark for interest-bearing debt. The D/E ratio was 0.28x at the end of the current consolidated fiscal year.」

    The company maintained its benchmark of a D/E ratio of 1x or lower, while the actual ratio declined from 0.44x in the previous disclosure to 0.28x.
  6. FY2020First statedAnnual report

    「The company uses a D/E ratio of 1x or lower as its numerical benchmark for interest-bearing debt. The D/E ratio was 0.44x in the current consolidated fiscal year.」

    The company uses a D/E ratio of 1x or lower as its numerical benchmark for balancing proactive investment for business growth with financial stability.
Moved together

"Reviewing and Reducing Cross-Shareholdings" moved the same way as this thread, in the same document, in 6 of its 7 moves.

655555★123456
  1. ★This thread
  2. 1Reviewing and Reducing Cross-Shareholdings6×
  3. 2Increase in the year-end dividend to ¥8 per share5×
  4. 3Concentration of Research and Development in Growth Areas: Environment, Energy, Personal Care, and IT and Electronics5×
  5. 4Product Development for ESG, the SDGs and Environmental Sustainability5×
  6. 5Impact of Rising Borrowing Interest Rates on Operating Results and Financial Position5×
  7. 6Securing a Competitive Advantage Through Technology Leadership5×

★ 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
No upcoming earnings preview for Dainichiseika Color & Chemicals Mfg. yet. It last moved in the Earnings presentation of 2026-06-03: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Interest-Bearing Debt Management Using a D/E Ratio of No More Than 1x as a Guideline | Dainichiseika Color & Chemicals Mfg.Co.,Ltd. (4116) | Komori