ROE-Focused Management
First written in FY2017. 5 of 11 entries say "Advanced", first in FY2020. Latest entry: 2026-07-24.
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
47 other companies' latest entry also says "Advanced".
- 2026-07-24AdvancedResults briefing materials
「ROE 11.5% 12.1% ー」
Raised the ROE forecast for the fiscal year ending March 2027 from 11.5% to 12.1%, indicating an outlook above the medium- to long-term target of 10%. - FY2026AdvancedAnnual report
「ROE for the fiscal year ended March 2026 was 11.5%, an improvement of 0.2 percentage point year on year. The company intends to continue working to improve profitability and further increase asset efficiency to achieve and maintain its medium- to long-term ROE target of 10%.」
ROE improved by 0.2 percentage point to 11.5%, maintaining a level above the medium- to long-term target of 10%. The company continues to identify improved profitability and asset efficiency as its means of achieving the target. - FY2025AdvancedAnnual report
「ROE for the fiscal year ended March 2025 was 11.3%, a significant improvement of 7.4 percentage points year on year. The company intends to continue working to improve profitability and further increase asset efficiency to achieve its medium- to long-term ROE target of 10%.」
ROE improved by 7.4 percentage points, from 3.9% to 11.3%, exceeding the medium- to long-term target of 10%. However, the company stated that it would continue its efforts to achieve the target. - FY2024RaisedAnnual report
「The company intends to improve profitability and further increase asset efficiency to achieve its medium- to long-term ROE target of 10%.」ROE for the fiscal year ended March 2024 was 3.9%, down 0.2 percentage point year on year.」The target indicator was changed and unified from return on shareholders’ equity to return on equity.」
The company disclosed a medium- to long-term ROE target of 10% for the first time, with improved profitability and asset efficiency as the means of achieving it. The target indicator was unified from return on shareholders’ equity to return on equity, while ROE deteriorated to 3.9% for the fiscal year. - FY2023ReframedAnnual report
「In setting its management indicators, the company uses return on equity based on capital generated by its business as the denominator, rather than return on equity based on shareholders’ equity, as the ROE target from the perspective of its commitment to the business.」ROE for the fiscal year ended March 2023 was 4.1%, down 3.1 percentage points year on year. In addition, from the perspective of its commitment to the business, the company closely monitors return on equity based on capital generated by its business as an important indicator; this was 6.0% for the fiscal year ended March 2023, down 4.5 percentage points year on year.」
The company restructured its ROE-focused management indicators to adopt, in addition to return on equity, return on shareholders’ equity based on capital generated by the business as a target indicator. Both indicators deteriorated during the fiscal year, and the company stated that it would work toward an early recovery. - FY2022AdvancedAnnual report
「The company’s ROE for the fiscal year ended March 2022 was 7.2%, an improvement of 0.5 percentage point year on year. The company intends to continue working to achieve further improvement by increasing asset efficiency and profitability.」
ROE improved by 0.5 percentage point, from 6.7% in the previous fiscal year to 7.2%. The company continues to pursue further improvement through greater asset efficiency and profitability. - FY2021WorsenedAnnual report
「The company’s ROE for the fiscal year ended March 2021 was 6.7%, a deterioration of 1.6 percentage points year on year. The company intends to continue working to achieve further improvement by increasing asset efficiency and profitability.」
ROE deteriorated by 1.6 percentage points, from 8.3% in the previous fiscal year to 6.7%. The company continues to pursue improvement through greater asset efficiency and profitability. - FY2020AdvancedAnnual report
「The company’s ROE for the fiscal year ended March 2020 was 8.3%, an improvement of 0.3 percentage point year on year. The company intends to continue working to achieve further improvement by increasing asset efficiency and profitability.」
ROE was 8.3%, an improvement of 0.3 percentage point from 8.0% in the previous fiscal year. The company set out a policy of further improvement through greater asset efficiency and profitability. - FY2019RestatedAnnual report
「In view of the importance of improving management efficiency, the company focuses on ROE as a management indicator.」ROE was 8.0%, down 0.1% year on year.」
The company continues to position ROE as a key management indicator. ROE was 8.0% for the fiscal year ended March 2019, down 0.1 percentage point year on year. - FY2018RestatedAnnual report
「The company uses ROE as a key management indicator to improve profitability and capital efficiency and enhance returns to shareholders.」
The company continues to focus on ROE as a management indicator from the perspectives of profitability, capital efficiency and shareholder returns. - FY2017First statedAnnual report
「The company uses ROE as a key management indicator to improve profitability and capital efficiency and enhance returns to shareholders.」
The company stated for the first time that it focuses on ROE as a management indicator with an emphasis on profitability, capital efficiency and shareholder returns, but did not disclose a specific ROE target.