Komori
Mitsuboshi Belting (5192) · TargetLower equity ratio

A globally competitive financial position and improved asset efficiency

First written in FY2016. 26 of 35 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2027-H1.

35entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q3 – FY2019-Q3AdvancedFY2020-Q2 – FY2021-Q3AdvancedFY2025-H1 – 2026-11-092016: 120162017: 420172018: 420182019: 320192020: 320202021: 320212022: 420222023: 420232024: 220242025: 220252026: 52026
Same theme, other companies
Strengthening the Financial Position Through the Use of Business AssetsA theme 9 companies write about · 0 as a headwind · 9 as a tailwind

1 other company's latest entry also says "Other".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1Lower equity ratioAnnual report

    「As a result, the equity ratio was 77.5%, compared with 78.2% at the end of the previous consolidated fiscal year.」

    The equity ratio fell 0.7 percentage points from the end of the previous consolidated fiscal year.
  2. FY2026AdvancedAnnual report

    「As a result, the equity ratio rose to 78.2%, from 74.7% at the end of the previous consolidated fiscal year.」

    The equity ratio rose by 3.5 percentage points from the end of the previous fiscal year to 78.2%. Return on equity was 7.5%.
  3. 2026-05-14AdvancedResults

    「The launch of new products in the agricultural market and initiatives to acquire new customers proved successful. In Southeast Asia, inventory adjustments in the distribution market also progressed. As a result, segment sales were ¥50,787 million, up 4.5% from the previous consolidated fiscal year, and segment profit was ¥4,474 million, up 36.2%.」

    Sales and segment profit in the overseas belt business increased through the launch of new products and acquisition of new customers in the agricultural market, as well as sales of products supporting vehicle electrification.
  4. FY2026-H1AdvancedAnnual report

    「As a result, the equity ratio stood at 75.2%, up from 74.7% at the end of the previous consolidated fiscal year.」

    The equity ratio rose by 0.5 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  5. FY2025AdvancedAnnual report

    「As a result, the equity ratio rose from 72.4% at the end of the previous consolidated fiscal year to 74.7%.」

    The equity ratio rose by 2.3 percentage points, while return on equity was 9.3%.
  6. FY2025-H1AdvancedAnnual report

    「As a result, the equity ratio stood at 74.2%, up from 72.4% at the end of the previous consolidated fiscal year.」

    The equity ratio rose by 1.8 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  7. FY2024-Q3Lower equity ratioAnnual report

    「As a result, the equity ratio stood at 71.9%, down from 72.0% at the end of the previous consolidated fiscal year.」

    The equity ratio decreased by 0.1 percentage points from the end of the previous fiscal year.
  8. FY2024-Q2AdvancedAnnual report

    「As a result, the equity ratio stood at 72.4%, up from 72.0% at the end of the previous consolidated fiscal year.」

    The equity ratio rose by 0.4 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  9. FY2024-Q1Lower equity ratioAnnual report

    「As a result, the equity ratio stood at 71.8%, down from 72.0% at the end of the previous consolidated fiscal year.」

    The equity ratio fell by 0.2 percentage points from the end of the previous consolidated fiscal year, indicating a continued decline from the end of the previous fiscal year.
  10. FY2023Decline in equity ratio; ROE target level reachedAnnual report

    「As a result, the equity ratio stood at 72.0%, down from 73.0% at the end of the previous consolidated fiscal year.」

    While the equity ratio fell by 1.0 percentage points, ROE was 8.1%, indicating a level above the revised ROE target of 8% for fiscal 2023.
  11. FY2023-Q3AdvancedAnnual report

    「As a result, the equity ratio rose from 73.0% at the end of the previous consolidated fiscal year to 74.0%.」

    The equity ratio rose by 1.0 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  12. FY2023-Q2AdvancedAnnual report

    「As a result, the equity ratio rose from 73.0% at the end of the previous consolidated fiscal year to 73.9%.」

    The equity ratio rose by 0.9 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  13. FY2023-Q1Lower equity ratioAnnual report

    「As a result, the equity ratio fell from 73.0% at the end of the previous consolidated fiscal year to 72.4%.」

    The equity ratio fell by 0.6 percentage points from the end of the previous consolidated fiscal year, reversing the improvement trend since the end of the previous fiscal year.
  14. FY2022RaisedAnnual report

    「With the aim of establishing a resilient corporate structure capable of withstanding change, the company will shift from strengthening its financial position to improving capital efficiency and work to increase earnings and improve the balance sheet.」

    The company has shifted its focus from strengthening its financial position and asset efficiency to improving capital efficiency, and has newly set a target ROE of 8% for fiscal 2023.
  15. FY2022-Q3AdvancedAnnual report

    「As a result, the equity ratio rose from 72.4% at the end of the previous consolidated fiscal year to 72.7%.」

    The equity ratio rose by 0.3 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position. This does not establish that the target was achieved.
  16. FY2022-Q2AdvancedAnnual report

    「As a result, the equity ratio rose from 72.4% at the end of the previous consolidated fiscal year to 72.6%.」

    The equity ratio rose by 0.2 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  17. FY2022-Q1Lower equity ratioAnnual report

    「As a result, the equity ratio fell from 72.4% at the end of the previous consolidated fiscal year to 71.2%.」

    The equity ratio fell by 1.2 percentage points from the end of the previous consolidated fiscal year, marking a change from the improvement trend to date.
  18. FY2021-Q3AdvancedAnnual report

    「As a result, the equity ratio rose from 71.1% at the end of the previous consolidated fiscal year to 73.6%.」

    The equity ratio rose by 2.5 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  19. FY2021-Q2AdvancedAnnual report

    「As a result, the equity ratio rose from 71.1% at the end of the previous consolidated fiscal year to 73.7%.」

    The equity ratio rose by 2.6 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position. This does not establish that the target was achieved.
  20. FY2021-Q1AdvancedAnnual report

    「As a result, the equity ratio rose from 71.1% at the end of the previous consolidated fiscal year to 72.0%.」

    The equity ratio rose by 0.9 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position. This does not establish that the target was achieved.
  21. FY2020-Q3AdvancedAnnual report

    「As a result, the equity ratio rose from 70.4% at the end of the previous consolidated fiscal year to 70.7%.」

    The equity ratio rose by 0.3 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  22. FY2020-Q2AdvancedAnnual report

    「As a result, the equity ratio rose from 70.4% at the end of the previous consolidated fiscal year to 70.8%.」

    The equity ratio rose by 0.4 percentage points from the end of the previous consolidated fiscal year, turning from a decline in the previous quarter to an improvement.
  23. FY2020-Q1Lower equity ratioAnnual report

    「As a result, the equity ratio fell from 70.4% at the end of the previous consolidated fiscal year to 69.7%.」

    The equity ratio fell by 0.7 percentage points from the end of the previous consolidated fiscal year, marking a change from the improvement trend that had continued to date.
  24. FY2019-Q3AdvancedAnnual report

    「As a result, the equity ratio rose from 71.3% at the end of the previous consolidated fiscal year to 73.0%.」

    The equity ratio rose by 1.7 percentage points, from 71.3% at the end of the previous consolidated fiscal year to 73.0%, improving the actual result relating to the financial position. This does not establish that the target was achieved.
  25. FY2019-Q2AdvancedAnnual report

    「As a result, the equity ratio rose from 71.3% at the end of the previous consolidated fiscal year to 72.5%.」

    The equity ratio rose by 1.2 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  26. FY2019-Q1AdvancedAnnual report

    「As a result, the equity ratio rose from 71.3% at the end of the previous consolidated fiscal year to 71.5%.」

    The equity ratio rose by 0.2 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position.
  27. FY2018AdvancedAnnual report

    「As a result, the equity ratio rose from 70.2% at the end of the previous consolidated fiscal year to 71.6%.」

    The equity ratio rose by 1.4 percentage points, from 70.2% at the end of the previous fiscal year to 71.6%. This represents an improvement in the actual result relating to the financial position and does not establish that the target was achieved.
  28. FY2018-Q3AdvancedAnnual report

    「As a result, the equity ratio rose from 70.2% at the end of the previous consolidated fiscal year to 72.3%.」

    The equity ratio rose by 2.1 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position. This does not establish that the target was achieved.
  29. FY2018-Q2AdvancedAnnual report

    「As a result, the equity ratio rose from 70.2% at the end of the previous consolidated fiscal year to 71.7%.」

    The equity ratio rose by 1.5 percentage points from the end of the previous consolidated fiscal year, improving the actual result relating to the financial position. This does not establish that the target was achieved.
  30. FY2018-Q1AdvancedAnnual report

    「As a result, the equity ratio rose from 70.2% at the end of the previous consolidated fiscal year to 70.7%.」

    The equity ratio rose by 0.5 percentage points from the end of the previous consolidated fiscal year. This represents an improvement in the actual result relating to the financial position and does not establish that the target was achieved.
  31. FY2017AdvancedAnnual report

    「As a result, the equity ratio rose from 68.5% at the end of the previous consolidated fiscal year to 70.2%.」

    The equity ratio rose by 1.7 percentage points, from 68.5% at the end of the previous fiscal year to 70.2%. This is an actual result relating to the financial position and does not establish that the target was achieved.
  32. FY2017-Q3AdvancedAnnual report

    「As a result, the equity ratio rose from 68.5% at the end of the previous consolidated fiscal year to 69.4%.」

    The equity ratio rose by 0.9 percentage points. This is an actual result in the analysis of financial position and does not establish that the target was achieved.
  33. FY2016First statedAnnual report

    「To establish a financial position capable of competing globally, the Group will improve asset efficiency across the Group and continue to further strengthen its financial position.」

    The company has indicated a policy of strengthening its financial position by improving asset efficiency.
Moved together

"Strengthening sales in growth markets, particularly Asia" moved the same way as this thread, in the same document, in 14 of its 35 moves.

141312976★123456
  1. ★This thread
  2. 1Strengthening sales in growth markets, particularly Asia14×
  3. 2Maintaining long-term, stable dividends13×
  4. 3Impact of exchange-rate fluctuations on performance and asset values12×
  5. 4Share Repurchases as an Agile Capital Policy9×
  6. 5Higher revenue in the construction materials business driven by large-scale construction projects7×
  7. 6Strengthening the R&D structure and technological capabilities6×

★ 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 Mitsuboshi Belting yet. It last moved in the Results of 2026-11-09: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.