Management Focused on Maintaining the Financial Base and ROE
First written in FY2016. 22 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Equity ratio flat; ROE downAnnual report
「Equity ratio (%) 61.9 65.1 68.7 71.6 71.6 Return on equity (%) 5.6 11.0 8.8 5.4 2.3」
The equity ratio remained unchanged from the previous fiscal year at 71.6%, while ROE declined from 5.4% to 2.3%. - FY2026-H1AdvancedAnnual report
「Net assets stood at ¥10,761.9 million, compared with ¥10,681.0 million at the end of the previous consolidated fiscal year, an increase of ¥80.9 million.」
Net assets increased by ¥80.9 million from the previous fiscal year-end, and the equity ratio rose from 71.6% to 72.0%. The financial base indicators are improving. - FY2025Higher Equity Ratio and Lower ROEAnnual report
「Equity ratio (%) 68.7 71.6 Return on equity (%) 8.8 5.4」
The equity ratio rose from 68.7% to 71.6%, while ROE declined from 8.8% to 5.4%, with indicators of the financial base and capital efficiency moving in opposite directions. - FY2025-H1AdvancedAnnual report
「Net assets stood at ¥10,582.8 million, compared with ¥10,455.3 million at the end of the previous consolidated fiscal year, an increase of ¥127.4 million. The equity ratio was 69.5%.」
Net assets increased by ¥127.4 million from the previous fiscal year-end, and the equity ratio rose from 68.7% to 69.5%. The financial base continues to improve. - FY2024Higher Equity Ratio and Lower ROEAnnual report
「At the end of the current consolidated fiscal year, net assets stood at ¥10,455.3 million, compared with ¥9,685.9 million at the end of the previous consolidated fiscal year, an increase of ¥769.3 million. The equity ratio was 68.7%.」
Net assets and the equity ratio increased from the previous fiscal year, while ROE declined from 11.0% to 8.8%. The financial base and capital efficiency moved in different directions. - FY2024-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, net assets stood at ¥10,146.7 million, compared with ¥9,685.9 million at the end of the previous consolidated fiscal year, an increase of ¥460.8 million. The main factors were the recognition of quarterly net income attributable to owners of the parent, which increased net assets by ¥652.2 million, and dividends from retained earnings, which reduced them by ¥221.9 million.」
Net assets increased by ¥460.8 million from the previous fiscal year-end, and the equity ratio was 67.6%. The financial base continues to improve. - FY2024-Q2AdvancedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, net assets stood at ¥10,045.6 million, compared with ¥9,685.9 million at the end of the previous consolidated fiscal year, an increase of ¥359.6 million.」
Net assets increased by ¥359.6 million from the previous fiscal year-end, and the equity ratio, one of the key indicators, was 65.3%. The financial base continues to improve. - FY2024-Q1AdvancedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, net assets stood at ¥9,875.4 million, compared with ¥9,685.9 million at the end of the previous consolidated fiscal year, an increase of ¥189.5 million. The equity ratio was 66.7%.」
Net assets increased by ¥189.5 million from the previous fiscal year-end, and the equity ratio was 66.7%. The financial base continues to improve. - FY2023AdvancedAnnual report
「This was due to a decrease in interest-bearing debt, comprising short-term borrowings, bonds including those due for redemption within one year, and long-term borrowings, which declined by ¥571.6 million from ¥1,599.3 million to ¥1,027.6 million.」
Interest-bearing debt decreased by ¥571.6 million from the previous fiscal year-end. The equity ratio was 65.1% and ROE was 11.0%, indicating improvements in the financial base and capital efficiency. - FY2023-Q3MitigatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, net assets stood at ¥9,503.5 million, compared with ¥8,893.1 million at the end of the previous consolidated fiscal year, an increase of ¥610.3 million.」
Net assets increased by ¥610.3 million from the end of the previous fiscal year, and the equity ratio rose from 61.9% to 62.2%. Although total liabilities increased, interest-bearing debt, including short-term and long-term borrowings, declined from the previous fiscal year-end, indicating an improvement in the financial base, which had deteriorated from the previous fiscal year. - FY2023-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total liabilities, comprising current and non-current liabilities, stood at ¥6,271.6 million, compared with ¥5,468.6 million at the end of the previous consolidated fiscal year, an increase of ¥802.9 million. The main factors were increases in notes and accounts payable, trade (up ¥233.8 million from ¥2,175.0 million to ¥2,408.9 million), short-term borrowings (up ¥395.9 million from ¥767.4 million to ¥1,163.4 million), and income taxes payable and other liabilities (up ¥112.9 million from ¥156.5 million to ¥269.4 million).」
Short-term borrowings increased by ¥395.9 million, while total liabilities increased by ¥802.9 million. The equity ratio declined from 61.9% at the end of the previous fiscal year to 60.0%, indicating continued pressure from higher debt on the financial base. - FY2023-Q1WorsenedAnnual report
「The main factor was an increase in short-term borrowings, which rose by ¥597.5 million from ¥767.4 million to ¥1,364.9 million, due mainly to an increase in required working capital.」
Short-term borrowings increased by ¥597.5 million due to higher required working capital, while total liabilities increased by ¥653.9 million from the end of the previous fiscal year. The equity ratio declined from 61.9% to 59.8%. - FY2022WorsenedAnnual report
「Interest-bearing debt (short-term borrowings, bonds, including those due within 1 year, and long-term borrowings) increased from ¥675.1 million to ¥1,599.3 million, an increase of ¥924.1 million. Net assets were ¥8,893.1 million and the equity ratio was 61.9%.」
Interest-bearing debt increased in connection with growth investment, working capital and other needs, while the equity ratio declined from 68.6% in the previous fiscal year to 61.9%. - FY2022-Q3Decline in the equity ratio and increase in interest-bearing debtAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year stood at ¥5,829.8 million (¥3,862.6 million at the end of the previous consolidated fiscal year), an increase of ¥1,967.2 million. This was mainly due to increases in notes and accounts payable—trade, electronic record obligations, interest-bearing debt (short-term borrowings, long-term borrowings and bonds), from ¥675.1 million to ¥1,012.3 million, an increase of ¥337.1 million, and income taxes payable.」
Total liabilities and interest-bearing debt increased from the end of the previous fiscal year, while the equity ratio declined from 68.6% to 60.0%. - FY2022-Q2Increase in net assets, decline in equity ratioAnnual report
「Net assets at the end of the second quarter of the current consolidated fiscal year stood at ¥8,556.3 million (¥8,435.6 million at the end of the previous consolidated fiscal year), an increase of ¥120.6 million.」
Net assets increased by ¥120.6 million from the end of the previous fiscal year, while the equity ratio declined from 68.6% to 65.0%. - FY2022-Q1Increase in net assets, decline in equity ratioAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year stood at ¥8,470 million (¥8,435.6 million at the end of the previous consolidated fiscal year), an increase of ¥34.3 million, and the equity ratio was 66.1%.」
Net assets increased from the end of the previous fiscal year, while the equity ratio declined from 68.6% to 66.1%. - FY2021AdvancedAnnual report
「Net interest-bearing debt -¥1,150 million -¥750 million」
Net interest-bearing debt was shown as negative ¥1,150 million for the fiscal year ended March 2021, indicating financial capacity exceeding the target of negative ¥750 million for the fiscal year ending March 2022. - FY2021-Q3AdvancedAnnual report
「The main factors were decreases in accounts payable—other, from ¥228.1 million to ¥144.5 million, a decrease of ¥83.5 million, and interest-bearing debt (short-term borrowings, long-term borrowings and bonds), from ¥776.3 million to ¥693.1 million, a decrease of ¥83.2 million, despite increases in notes and accounts payable—trade, from ¥1,410.1 million to ¥1,654.9 million, an increase of ¥244.7 million, and electronic record obligations, from ¥49.1 million to ¥124.8 million, an increase of ¥75.6 million.」
Interest-bearing debt decreased by ¥83.2 million from the end of the previous consolidated fiscal year. Net assets were ¥8,318.9 million and the equity ratio was 68.7%, indicating continued improvement in the financial base. - FY2021-Q2AdvancedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year stood at ¥3,473.3 million (¥3,769.5 million at the end of the previous consolidated fiscal year), a decrease of ¥296.1 million. This was mainly due to decreases in notes and accounts payable—trade, accounts payable—other and interest-bearing debt.」
Total liabilities decreased by ¥296.1 million from the end of the previous fiscal year, and interest-bearing debt also decreased from ¥776.3 million to ¥719.3 million, a decrease of ¥57.0 million. The equity ratio was 70.3%, indicating continued improvement in the financial base. - FY2021-Q1AdvancedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year stood at ¥8,241.2 million (¥8,175.0 million at the end of the previous consolidated fiscal year), an increase of ¥66.2 million, and the equity ratio was 69.5%.」
Net assets increased by ¥66.2 million, and the equity ratio rose from 68.4% at the end of the previous fiscal year to 69.5%. - FY2020-Q3AdvancedAnnual report
「The main factors were decreases in notes and accounts payable—trade, from ¥1,955.5 million to ¥1,761.4 million, a decrease of ¥194.1 million; accounts payable—other, from ¥238.6 million to ¥149.1 million, a decrease of ¥89.4 million; and interest-bearing debt (short-term borrowings, long-term borrowings and bonds), from ¥878.0 million to ¥795.5 million, a decrease of ¥82.4 million.」
Interest-bearing debt decreased by ¥82.4 million from the end of the previous fiscal year, and total liabilities also decreased by ¥413.9 million. The equity ratio was 67.0%, indicating continued improvement in the financial base. - FY2020-Q2AdvancedAnnual report
「The main factors were decreases in notes and accounts payable—trade, from ¥1,955.5 million to ¥1,722.4 million, a decrease of ¥233.1 million; accrued expenses, from ¥165.9 million to ¥137.0 million, a decrease of ¥28.8 million; and interest-bearing debt (short-term borrowings, long-term borrowings and bonds), from ¥878.0 million to ¥822.3 million, a decrease of ¥55.6 million.」
Interest-bearing debt decreased by ¥55.6 million from the end of the previous fiscal year, and the equity ratio was 66.6%. The financial base continued to improve. - FY2020-Q1AdvancedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year stood at ¥8,052.7 million (¥7,986.3 million at the end of the previous consolidated fiscal year), an increase of ¥66.3 million, and the equity ratio was 64.8%.」
Net assets increased by ¥66.3 million, and the equity ratio rose from 64.1% at the end of the previous fiscal year to 64.8%. The disclosure presents specific progress concerning the financial base. - FY2019AdvancedAnnual report
「Liabilities stood at ¥4,474.1 million, a decrease of ¥174.2 million from the end of the previous consolidated fiscal year. This was mainly due to decreases in notes and accounts payable—trade and interest-bearing debt (short-term borrowings, long-term borrowings and bonds), despite an increase in accounts payable—other.」
Total liabilities decreased by ¥174.2 million from the end of the previous fiscal year, and interest-bearing debt also decreased from ¥953.7 million to ¥878.0 million. - FY2019-Q2AdvancedAnnual report
「Interest-bearing debt (short-term borrowings, long-term borrowings and bonds) (decrease of ¥52.6 million from ¥953.7 million to ¥901.1 million)」
Interest-bearing debt decreased by ¥52.6 million from the end of the previous consolidated fiscal year, and the equity ratio was 63.7%. The financial base continued to improve. - FY2019-Q1AdvancedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year stood at ¥7,813.1 million (¥7,730.9 million at the end of the previous consolidated fiscal year), an increase of ¥82.2 million, and the equity ratio was 64.0%.」
Net assets increased by ¥82.2 million from the end of the previous consolidated fiscal year, and the equity ratio was 64.0%. The disclosure presents specific quarterly results concerning the financial base. - FY2018AdvancedAnnual report
「Equity ratio (%) 62.0 ROE (%) 7.3」
The equity ratio for the current consolidated fiscal year was 62.0% and ROE was 7.3%, presenting indicators of the financial base and capital efficiency. - FY2018-Q3AdvancedAnnual report
「Net assets at the end of the third quarter of the current consolidated fiscal year stood at ¥7,679.8 million (¥7,249.2 million at the end of the previous consolidated fiscal year), an increase of ¥430.6 million. This was mainly due to the recognition of quarterly net income attributable to owners of the parent of ¥400.8 million.」
Net assets increased by ¥430.6 million from the end of the previous consolidated fiscal year due to the recognition of quarterly net income attributable to owners of the parent, and the equity ratio, a key financial indicator, was 62.5%. - FY2018-Q2RestatedAnnual report
「Net assets at the end of the second quarter of the current consolidated fiscal year stood at ¥7,507.9 million (¥7,249.2 million at the end of the previous consolidated fiscal year), an increase of ¥258.7 million.」
Net assets increased by ¥258.7 million, including from the recognition of net income, and the equity ratio was 63.2%. The policy of maintaining the financial base and focusing on capital efficiency remains in place. - FY2018-Q1RestatedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year stood at ¥7,377.0 million (¥7,249.2 million at the end of the previous consolidated fiscal year), an increase of ¥127.8 million. This was mainly due to the recognition of quarterly net income attributable to owners of the parent of ¥140.4 million.」
Net assets increased by ¥127.8 million due to the recognition of quarterly net income, and the equity ratio was 62.2%. The policy concerning the financial base remains in place. - FY2017AdvancedAnnual report
「The main factor was a decrease in interest-bearing debt, from ¥1,989.9 million to ¥971.0 million, a decrease of ¥1,018.9 million, despite increases in notes and accounts payable—trade, from ¥1,284.9 million to ¥1,968.3 million, an increase of ¥683.3 million.」
Interest-bearing debt at the end of the current consolidated fiscal year decreased by ¥1,018.9 million, while the equity ratio was 62.5% and ROE was 8.4%. The disclosure presents specific improvements in the financial base and capital efficiency. - FY2017-Q3AdvancedAnnual report
「The main factor was a decrease in interest-bearing debt (short-term borrowings, long-term borrowings and bonds), from ¥1,989.9 million to ¥977.7 million, a decrease of ¥1,012.1 million, despite an increase in notes and accounts payable—trade from ¥1,284.9 million to ¥1,856.0 million, an increase of ¥571.0 million.」
Interest-bearing debt decreased by ¥1,012.1 million from the end of the previous consolidated fiscal year to the end of the third quarter, and total liabilities decreased by ¥521.0 million. - FY2017-Q2AdvancedAnnual report
「The main factor was a decrease in interest-bearing debt (short-term borrowings, long-term borrowings and bonds), from ¥1,989.9 million to ¥1,003.4 million, a decrease of ¥986.5 million, despite an increase in notes and accounts payable—trade from ¥1,284.9 million to ¥1,614.5 million, an increase of ¥329.5 million.」
Interest-bearing debt decreased by ¥986.5 million from the end of the previous consolidated fiscal year to the end of the second quarter, and total liabilities decreased by ¥714.4 million. - FY2017-Q1AdvancedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated fiscal year stood at ¥3,976.8 million (¥4,739.1 million at the end of the previous consolidated fiscal year), a decrease of ¥762.2 million. This was mainly due to a decrease in interest-bearing debt (short-term and long-term borrowings), from ¥1,989.9 million to ¥1,020.9 million, a decrease of ¥969.0 million.」
Interest-bearing debt decreased by ¥969.0 million and total liabilities decreased by ¥762.2 million. This was a specific quarterly result indicating an improvement in the financial base. - FY2016First statedAnnual report
「The Company will maintain a robust financial base capable of withstanding changes in the operating environment and pursue management focused on capital efficiency (ROE) by achieving earnings growth.」
The Company indicates its intention to prioritize earnings growth and capital efficiency while maintaining its financial condition.