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Nippon Air Conditioning Services (4658) · TargetRaised

Enhancing Corporate Value by Maintaining Return on Equity

First written in FY2019. 3 of 9 entries say "Raised", first in 2026-05-13. Latest entry: FY2026.

9entries
8years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2021AdvancedFY2022OtherFY2023 – FY20252019: 120192020: 120202021: 120212022: 120222023: 120232024: 020242025: 120252026: 32026
Same theme, other companies
ROE Improvement TargetA theme 254 companies write about · 3 as a headwind · 254 as a tailwind

The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.

25 other companies' latest entry also says "Raised".

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 258 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「We will also target ROE of 15%, substantially above the shareholder cost of equity of approximately 8% estimated from dialogue with investors and other sources, as an indicator of management focused on capital efficiency, and strive to create a sustained positive equity spread as a result of pursuing profits.」

    The target was raised from maintaining ROE at around 10% to achieving ROE of 15%, substantially above the shareholder cost of equity of around 8%. ROE for the fiscal year ending March 2026 is 13.1%.
  2. FY2025Update to ROE resultsAnnual report

    「Return on equity (%) 10.5 14.1 9.4 12.1 12.5」

    Consolidated ROE for the fiscal year ended March 2025 was 12.5%, updating the actual result above the target of maintaining ROE at around 10%.
  3. FY2023Update to ROE resultsAnnual report

    「Return on equity (%) 10.8 10.8 10.5 14.1 9.4」

    Consolidated ROE for the fiscal year ended March 2023 was 9.4%, updating the actual result against the target of maintaining ROE at 10% or higher.
  4. FY2022AdvancedAnnual report

    「We will also seek to maintain ROE of 10% as an indicator of management focused on capital efficiency and strive to create economic value.」

    While continuing to target ROE of at least 10%, return on equity for the consolidated fiscal year was 14.1%.
  5. FY2021RestatedAnnual report

    「We will also seek to maintain ROE of 10% as an indicator of management focused on capital efficiency and strive to create economic value.」

    The company continued to set a target of maintaining ROE at 10%, and consolidated ROE for the current fiscal year was 10.5%.
  6. FY2020Quantification of targets and presentation of actual resultsAnnual report

    「■ Looking ahead 10 years (from the fiscal year ended March 2019 to the fiscal year ending March 2029) ⑦ Maintaining return on equity (ROE) ROE 10.8% ▶ Maintain at 10.0% or higher」

    The target for maintaining ROE was quantified at 10.0% or higher and presented as a KPI from the fiscal year ended March 2019 to the fiscal year ending March 2029. ROE for the current fiscal year was 10.8%.
  7. FY2019First statedAnnual report

    「The company will manage its business to maintain return on equity and sustainably enhance corporate value.」

    The company has newly identified maintaining return on equity and sustainably enhancing corporate value as targets under its mid-term plan.
Moved together

"Overseas expansion across Asia using China as a foothold" moved the same way as this thread, in the same document, in 4 of its 9 moves.

443322★123456
  1. ★This thread
  2. 1Overseas expansion across Asia using China as a foothold4×
  3. 2Strengthening Human Resources through the Recruitment, Working Practices and Efficiency Project4×
  4. 3Strengthening the Development of Skilled Technicians3×
  5. 4Ongoing Review of the Rationale for Strategic Shareholdings3×
  6. 5Executive bonuses linked to operating profit and shareholder returns, and stock options2×
  7. 6High-Quality Services and Enhanced Technical Capabilities for Special Facilities and Spaces2×

★ 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
Nippon Air Conditioning Services's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Management Planning of 2026-05-13: "Raised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Enhancing Corporate Value by Maintaining Return on Equity | Nippon Air Conditioning Services Co.,Ltd. (4658) | Komori