Medium-term ROE improvement
First written in FY2017. 8 of 16 entries say "Advanced", first in FY2019. Latest entry: 2026-10-01.
The whole theme swung hardest in 2020: 25 of 112 companies on the "Worse" side.
45 other companies' latest entry also says "Advanced".
- 2026-10-01AdvancedTreasury Shares
「取得した株式の総数 6,800 株」
自己株式取得による資本効率向上・株主還元等の施策について、2026年9月分として6,800株・9,270,000円を取得し、累計で13,600株・17,429,300円となったことを具体的に開示した。 - FY2026ROE became not calculable againAnnual report
「ROE for the fiscal year was not calculated because the Company recorded a net loss. The Company passed higher manufacturing costs resulting from surging crude oil prices and higher procurement costs for products due to the yen's depreciation through to selling prices. It also appropriately allocated management resources and selectively concentrated on priority areas, including entering the real estate leasing business, but was unable to recover the higher costs, which was the reason for the result.」
ROE declined from 2.2% in the previous fiscal year to a level at which it could not be calculated because the Company recorded a net loss. The Company entered the real estate leasing business and passed higher costs through to prices, but stated that it was unable to recover the costs. - FY2025AdvancedAnnual report
「ROE for the fiscal year was 2.2%, marking a return to profitability (ROE was not calculated for the previous fiscal year because of the net loss). The return to profitability resulted from successful initiatives to improve profitability, including improving the gross profit margin and controlling selling, general and administrative expenses through a review of the cost structure.」
ROE, which was not calculated in the previous fiscal year because of the net loss, was 2.2%. The company attributes the improvement to a higher gross profit margin and lower selling, general and administrative expenses. - FY2024ROE became not calculable againAnnual report
「ROE for the fiscal year was not calculated because of the net loss. The company passed higher manufacturing costs resulting from surging crude oil prices and higher product procurement costs resulting from the weaker yen on to selling prices. In addition, improvements in yield rates, tighter process control and efficient production led to an improvement in this metric. The company will continue working to improve it, including by enhancing production efficiency at its manufacturing plants.」
ROE became not calculable because of the net loss. At the same time, the company continues its policy of improving ROE through the pass-through of higher costs into selling prices, improved yields, tighter process control and efficient production. - FY2023AdvancedAnnual report
「ROE for the fiscal year was 0.7% (not calculated for the previous fiscal year because of a net loss). The company passed higher manufacturing costs resulting from surging crude oil prices and higher product procurement costs resulting from the weaker yen on to selling prices. In addition, improvements in yield rates, tighter process control and efficient production led to an improvement in this metric. The company will continue working to improve it, including by enhancing production efficiency at its manufacturing plants.」
ROE, which was not calculated in the previous fiscal year because of the net loss, was 0.7%. The company identifies the pass-through of higher costs into selling prices, improved yields, tighter process control and efficient production as factors behind the improvement. - FY2022ROE not calculableAnnual report
「ROE for the fiscal year was not calculated because the company recorded a net loss (0.0% in the previous fiscal year). The prolonged impact of the COVID-19 pandemic, together with Russia's invasion of Ukraine, has pushed up energy resource prices and procurement costs. Although the company made thorough efforts to revise selling prices, improve plant utilization rates and improve yields, it was unable to recover the higher costs, which caused the loss. The company will continue working to improve this metric, including by enhancing production efficiency at its manufacturing plants.」
ROE could not be calculated because of the net loss, leaving no reported figure compared with 0.0% in the previous fiscal year. The company continues its policy of improving ROE through higher production efficiency. - FY2021Decline in Actual ROEAnnual report
「ROE for the fiscal year was 0.0%, down 0.7 percentage point year on year. This decline was due to the recognition of an impairment loss of ¥75 million following the closure in the first quarter of Niike Plant, dedicated to J-shaped interlocking roof tiles, and Head Office Plant No. 2, dedicated to ridge tiles, as part of a review of the plant operating plan to improve production efficiency. The company will continue working to maintain and improve this metric, including by enhancing production efficiency at its manufacturing plants.」
ROE fell to 0.0%, down 0.7 percentage point year on year. The company attributes the decline in part to the ¥75 million impairment loss associated with the closure of the plants, while continuing its policy of maintaining and improving ROE. - FY2020AdvancedAnnual report
「ROE for the fiscal year was 0.6%, up 0.1 percentage point year on year. The company will continue working to maintain and improve this metric, including by enhancing production efficiency at its manufacturing plants.」
ROE improved from 0.5% in the previous fiscal year to 0.6%, an increase of 0.1 percentage point. The company continues its policy of maintaining and improving the metric through enhanced production efficiency, without setting specific medium- to long-term numerical targets. - FY2019AdvancedAnnual report
「The company has not set specific target figures for its medium- to long-term management plans or other initiatives, but has adopted return on equity (ROE) as a management metric in order to promote management focused on enhancing corporate value. ROE for the fiscal year was 0.5%, up 3.6 percentage points year on year. The company will continue working to maintain and improve this metric, including by enhancing production efficiency at its manufacturing plants.」
Although no specific medium- to long-term target has been set, the company continues to use ROE as a management metric. ROE for the fiscal year was 0.5%, an improvement of 3.6 percentage points year on year. The company also states that it will maintain and improve ROE by enhancing production efficiency. - FY2018RestatedAnnual report
「The Company will work to improve return on equity (ROE) from the perspective of placing greater emphasis on capital efficiency over the medium term, while developing high-quality, high-value-added products.」
The company continues to pursue higher ROE over the medium term through the development of high-quality, high-value-added products, without specifying a numerical target or deadline. - FY2017First statedAnnual report
「The Company will work to improve return on equity (ROE) from the perspective of placing greater emphasis on capital efficiency over the medium term, while developing high-quality, high-value-added products.」
This is the first explicit identification of improving ROE as a management metric. No specific ROE target or deadline is stated, with the development of high-quality, high-value-added products identified as the means of achieving it.