Komori
Sumitomo Metal Mining (5713) · TargetRaised

Maintaining a Consolidated Equity Ratio of 50% or Higher

First written in FY2016. 1 of 35 entries say "Restated". Latest entry: FY2026.

35entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2022-Q3OtherFY2023-Q1 – FY2026-H12016: 120162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 12026
Same theme, other companies
Optimal capital structure with a 40–50% equity ratio as a benchmarkA theme 44 companies write about · 2 as a headwind · 41 as a tailwind

The whole theme swung hardest in 2019: 3 of 21 companies on the "Worse" side.

0 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 44 companies compared. The sentences above are computed from all 44.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「We set the consolidated equity ratio above 50% as an indicator of financial soundness. To promote management that takes the cost of capital into account, we have designated 55% as the appropriate level and will strengthen shareholder returns and other measures with the aim of reaching 58% by the fiscal year ending March 2028.」

    The policy was changed from maintaining a ratio above 50% to setting an appropriate level of 55% and a target of 58% by the fiscal year ending March 2028.
  2. FY2026-H1Update to interim resultsAnnual report

    「Ratio of equity attributable to owners of the parent（%） 60.0 59.7 60.1」

    There was no change to the financial soundness target of a consolidated equity ratio above 50%; the ratio of equity attributable to owners of the parent at the end of the interim consolidated accounting period was 59.7%.
  3. FY2025Update to annual resultsAnnual report

    「The consolidated equity ratio, or ratio of equity attributable to owners of the parent, for the current consolidated fiscal year was 60.1%.」

    The financial soundness policy of maintaining a consolidated equity ratio above 50% was maintained, and the actual result at 31 March 2025 was updated to 60.1%.
  4. FY2025-H1Update to interim resultsAnnual report

    「Ratio of equity attributable to owners of the parent（%） 60.7 60.0 59.0」

    The ratio of equity attributable to owners of the parent at the end of the interim consolidated accounting period was 60.0%, up from 59.0% at the end of the previous consolidated fiscal year. There was no material change to the financial soundness target of a ratio above 50%.
  5. FY2024Update to annual resultsAnnual report

    「The consolidated equity ratio, or ratio of equity attributable to owners of the parent, for the current consolidated fiscal year was 58.9%.」

    The target of a consolidated equity ratio above 50% was maintained, and the actual result at 31 March 2024 was updated to 58.9%.
  6. FY2024-Q3Update to quarterly resultsAnnual report

    「Ratio of equity attributable to owners of the parent （%） 62.7 59.4 60.3」

    The ratio of equity attributable to owners of the parent was 59.4% at the end of the third quarter, down from 60.3% at the end of the previous consolidated fiscal year. The target of a consolidated equity ratio above 50% was unchanged.
  7. FY2024-Q2Update to quarterly resultsAnnual report

    「Ratio of equity attributable to owners of the parent （%） 64.8 60.7 60.3」

    The ratio of equity attributable to owners of the parent was 60.7% at the end of the second quarter, up from 60.3% at the end of the previous consolidated fiscal year. The target of a consolidated equity ratio above 50% was unchanged.
  8. FY2024-Q1Update to quarterly resultsAnnual report

    「Ratio of equity attributable to owners of the parent（%） 63.9 59.6 60.3」

    The ratio of equity attributable to owners of the parent was 59.6% at the end of the first quarter, down from 60.3% at the end of the previous consolidated fiscal year. There was no material change to the financial soundness target of a ratio above 50%.
  9. FY2023Update to annual resultsAnnual report

    「Under the “21 Plan,” we have set the maintenance of a consolidated equity ratio above 50% as an indicator of financial soundness. The consolidated equity ratio, or ratio of equity attributable to owners of the parent, for the current consolidated fiscal year was 60.3%.」

    The target of a consolidated equity ratio above 50% was maintained, and the actual result at 31 March 2023 was updated to 60.3%.
  10. FY2023-Q3Quarterly Results UpdatedAnnual report

    「Ratio of equity attributable to owners of the parent（%） 62.1 62.7 63.7」

    The ratio of equity attributable to owners of the parent was 62.7% at the end of the third quarter, down from 63.7% at the end of the previous consolidated fiscal year. The target of a consolidated equity ratio above 50% was unchanged.
  11. FY2023-Q2Quarterly Results UpdatedAnnual report

    「Ratio of equity attributable to owners of the parent（%） 62.9 64.8 63.7」

    The ratio of equity attributable to owners of the parent was 64.8% at the end of the second quarter, up from 63.7% at the end of the previous consolidated fiscal year.
  12. FY2023-Q1Quarterly Results UpdatedAnnual report

    「Ratio of equity attributable to owners of the parent（%） 59.9 63.9 63.7」

    The ratio of equity attributable to owners of the parent was 63.9% at the end of the first quarter, up from 63.7% at the end of the previous consolidated fiscal year. The target of a consolidated equity ratio above 50% was unchanged.
  13. FY2022ReframedAnnual report

    「Under the “21 Plan,” we have set the maintenance of a consolidated equity ratio above 50% as an indicator of financial soundness.」

    The financial soundness target was changed from “50% or more” to “above 50%.” The ratio of equity attributable to owners of the parent at the end of the current consolidated fiscal year was 63.7%.
  14. FY2022-Q3Quarterly Results UpdatedAnnual report

    「Ratio of equity attributable to owners of the parent（%） 59.3 62.1 59.1」

    The ratio of equity attributable to owners of the parent was 62.1% at the end of the third quarter, up from 59.1% at the end of the previous consolidated fiscal year. No change to the 50% or more financial soundness target was disclosed.
  15. FY2022-Q2Quarterly Results UpdatedAnnual report

    「Ratio of equity attributable to owners of the parent（%） 58.7 62.9 59.1」

    The ratio of equity attributable to owners of the parent was 62.9% at the end of the second quarter, up from 59.1% at the end of the previous consolidated fiscal year. No change to the 50% or more financial soundness target was disclosed.
  16. FY2022-Q1Quarterly Results UpdatedAnnual report

    「Ratio of equity attributable to owners of the parent (%) 57.6 59.9 59.1」

    The ratio of equity attributable to owners of the parent was 59.9% at the end of the first quarter, up from 59.1% at the end of the previous fiscal year. The 50% or more financial soundness target was unchanged.
  17. FY2021Update to actual resultsAnnual report

    「Under the “18 Plan,” the Company has set a consolidated equity ratio of 50% or more as an indicator of financial soundness. The ratio of equity attributable to owners of the parent for the fiscal year was 59.1%.」

    The target of a consolidated equity ratio of 50% or more was maintained, and the ratio of equity attributable to owners of the parent for the fiscal year was 59.1%.
  18. FY2021-Q3Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 57.7 59.3 58.3」

    The ratio of equity attributable to owners of the parent was 59.3% at the end of the third quarter, up from 58.3% at the end of the previous fiscal year. The 50% or more financial soundness target was unchanged.
  19. FY2021-Q2Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 57.8 58.7 58.3」

    The ratio of equity attributable to owners of the parent was 58.7% at the end of the second quarter, up from 58.3% at the end of the previous fiscal year. The 50% or more financial soundness target was unchanged.
  20. FY2021-Q1Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 58.1 57.6 58.3」

    The ratio of equity attributable to owners of the parent was 57.6% at the end of the first quarter, down from 58.3% at the end of the previous fiscal year. The 50% or more financial soundness target was unchanged.
  21. FY2020RestatedAnnual report

    「Under the “18 Plan,” the Company has set a consolidated equity ratio of 50% or more as an indicator of financial soundness.」

    The target of maintaining a consolidated equity ratio of 50% or more was continued, and the ratio of equity attributable to owners of the parent for the fiscal year was 58.3%.
  22. FY2020-Q3Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 60.3 57.7 58.3」

    The ratio of equity attributable to owners of the parent was 57.7% at the end of the third quarter, down from 58.3% at the end of the previous fiscal year. No change to the 50% or more financial soundness target is stated.
  23. FY2020-Q2Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 60.9 57.8 58.3」

    The ratio of equity attributable to owners of the parent was 57.8% at the end of the second quarter, down from 58.3% at the end of the previous fiscal year. No change to the 50% or more financial soundness target is stated.
  24. FY2020-Q1Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 59.9 58.1 58.3」

    The ratio of equity attributable to owners of the parent was 58.1% at the end of the first quarter, down from 58.3% at the end of the previous fiscal year. No change to the 50% or more financial soundness target is stated.
  25. FY2019Update to actual resultsAnnual report

    「The ratio of equity attributable to owners of the parent for the fiscal year was 58.3%.」

    Under IFRS, the ratio of equity attributable to owners of the parent was 58.3%. The target of maintaining a consolidated equity ratio of 50% or more continued under the 18 Plan.
  26. FY2019-Q3Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 57.7 60.3 59.4」

    The ratio of equity attributable to owners of the parent was 60.3% at the end of the third quarter, exceeding the 59.4% recorded at the end of the previous fiscal year.
  27. FY2019-Q2Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 57.5 60.9 59.4」

    The ratio of equity attributable to owners of the parent was 60.9% at the end of the second quarter, up from 59.4% at the end of the previous fiscal year.
  28. FY2019-Q1Update to actual resultsAnnual report

    「Ratio of equity attributable to owners of the parent (%) 57.1 59.9 59.4」

    Under IFRS, the ratio of equity attributable to owners of the parent was 59.9% at the end of the first quarter, up from 59.4% at the end of the previous fiscal year. No change to the 50% or more financial soundness target is stated.
  29. FY2018Update to actual resultsAnnual report

    「Under the “15 Plan,” the Company set a consolidated equity ratio of 50% or more as an indicator of financial soundness and a consolidated payout ratio of 30% or more as its shareholder return policy. The equity ratio for the fiscal year was 61.0%.」

    The target of a consolidated equity ratio of 50% or more was maintained, and the fiscal-year actual figure of 61.0% was disclosed.
  30. FY2018-Q3Update to actual resultsAnnual report

    「Equity ratio (%) 54.8 59.1 57.1」

    The equity ratio was 59.1% at the end of the third quarter, exceeding the 57.1% recorded at the end of the previous fiscal year. The target of maintaining a consolidated equity ratio of 50% or more was unchanged.
  31. FY2018-Q2Update to actual resultsAnnual report

    「Equity ratio (%) 57.1 58.5 57.1」

    The equity ratio was 58.5% at the end of the second quarter, up from 57.1% at the end of the previous fiscal year. The target of maintaining a consolidated equity ratio of 50% or more was unchanged.
  32. FY2018-Q1Update to actual resultsAnnual report

    「Equity ratio (%) 58.2」

    The equity ratio was 58.2% at the end of the first quarter, up from 57.1% at the end of the previous fiscal year. No change to the target of maintaining a ratio of 50% or more is stated.
  33. FY2017Update to actual resultsAnnual report

    「Under the “15 Plan,” the Company set a consolidated equity ratio of 50% or more as an indicator of financial soundness and a consolidated payout ratio of 30% or more as its shareholder return policy. The equity ratio for the fiscal year was 57.1%.」

    The target of a consolidated equity ratio of 50% or more was maintained, and the fiscal-year actual figure of 57.1% was disclosed.
  34. FY2017-Q3Update to actual resultsAnnual report

    「Equity ratio （％） 61.9 54.8 60.3」

    The equity ratio at the end of the third quarter was 54.8%, down from 60.3% at the end of the previous consolidated fiscal year. No change to the target of maintaining a ratio of 50% or higher was stated.
  35. FY2016First statedAnnual report

    「The Company has set a consolidated equity ratio of 50% or higher as an indicator of the soundness of its financial position.」

    Financial soundness target under the 15 Plan.
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