Komori
Nhk Spring (5991) · TargetRestated

Maintaining an equity ratio of approximately 50% and a single-A-minus credit rating

First written in FY2020. 8 of 21 entries say "Mitigated", first in FY2021. Latest entry: FY2026.

21entries
7years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2024-Q3 – FY2025-H12020: 320202021: 420212022: 420222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies
Maintaining a high equity ratioA theme 96 companies write about · 0 as a headwind · 95 as a tailwind

5 other companies' latest entry also says "Restated".

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 96 companies compared. The sentences above are computed from all 96.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「The Group's equity ratio is above 50%, reflecting a high level of financial soundness, and we have obtained an "A" credit rating from Rating and Investment Information, Inc. (R&I). We have set a target of maintaining an equity ratio of at least 50% and will continue working to maintain and improve our credit rating and further strengthen our resilience to risk.」

    The equity ratio at the end of the fiscal year was 59.3%, and the Company continued to maintain its target of at least 50% and its single-A flat credit rating.
  2. 2026-05-11RestatedEarnings

    「Equity ratio 59.1 58.5」

    The equity ratio was 59.1%, remaining above the previous target of maintaining a ratio of at least 50%.
  3. FY2026-H1RestatedAnnual report

    「Equity ratio 58.7 58.8 58.5」

    The equity ratio at the end of the interim period was 58.8%, continuing to exceed the target of maintaining a level of at least 50%.
  4. FY2025RaisedAnnual report

    「The Group's equity ratio is above 50%, reflecting a high level of financial soundness, and we have obtained an "A" credit rating from Rating and Investment Information, Inc. (R&I). We have set a target of maintaining an equity ratio of at least 50% and will continue working to maintain and improve our credit rating and further strengthen our resilience to risk.」

    The target equity ratio has been explicitly changed from the previous "approximately 50%" to "at least 50%," and the credit rating is now stated as single-A flat rather than single-A minus. The equity ratio at the end of the fiscal year was 58.5%.
  5. FY2025-H1Above target, increaseAnnual report

    「Equity ratio 58.4 58.7 58.7」

    The equity ratio at the end of the interim period was 58.7%, exceeding the target of maintaining a level of approximately 50%. It was also up from 58.4% at the end of the previous interim period.
  6. FY2024-Q3Above target maintained, slight declineAnnual report

    「Equity ratio (%) 56.2 58.0 57.6」

    The equity ratio at the end of the third quarter was 58.0%, exceeding the 57.6% at the end of the previous consolidated fiscal year and continuing to exceed the target of maintaining an equity ratio of approximately 50%. It was down slightly from 58.4% at the end of the previous quarter.
  7. FY2024-Q2MitigatedAnnual report

    「Equity ratio (%) 56.8 58.4 57.6」

    The equity ratio at the end of the second quarter was 58.4%, exceeding both the 57.6% at the end of the previous consolidated fiscal year and the 56.8% at the end of the second quarter of the previous fiscal year. It has continued to exceed the target of maintaining an equity ratio of approximately 50%.
  8. FY2024-Q1RestatedAnnual report

    「Equity ratio (%) 56.2 57.6 57.6」

    The equity ratio at the end of the first quarter was 57.6%, continuing to exceed the target of maintaining a level of approximately 50%.
  9. FY2023MitigatedAnnual report

    「The Group's equity ratio is above 50%. We will continue to maintain our "A-" credit rating assigned by Rating and Investment Information, Inc. (R&I), while working to strengthen our resilience to risk.」

    The consolidated equity ratio was 57.6%, exceeding the target level of approximately 50%.
  10. FY2023-Q3Above target maintained, down from the previous quarterAnnual report

    「Equity ratio (%) 52.3 56.2 54.9」

    The equity ratio at the end of the third quarter was 56.2%, exceeding the 54.9% recorded at the end of the previous consolidated fiscal year and continuing to exceed the target of maintaining a level of approximately 50%. It was down from 56.8% at the end of the previous quarter.
  11. FY2023-Q2MitigatedAnnual report

    「Equity ratio (%) 53.4 56.8 54.9」

    The equity ratio at the end of the second quarter was 56.8%, above the 54.9% at the end of the previous consolidated fiscal year. It remains above the target of maintaining an equity ratio of approximately 50%.
  12. FY2023-Q1MitigatedAnnual report

    「Equity ratio (%) 52.0 56.2 54.9」

    The equity ratio at the end of the first quarter was 56.2%, above the 54.9% at the end of the previous consolidated fiscal year. It remains above the target of maintaining an equity ratio of approximately 50%.
  13. FY2022MitigatedAnnual report

    「By maintaining its equity ratio at approximately 50%, the Group will maintain its Single-A-minus credit rating, assigned by Rating and Investment Information, Inc. (R&I), and strengthen its resilience to risk.」

    The equity ratio at the end of the fiscal year was 54.9%, above the target level of approximately 50%.
  14. FY2022-Q3RestatedAnnual report

    「Equity ratio (%) 48.9 52.3 50.6」

    The equity ratio at the end of the third quarter was 52.3%, above the 50.6% at the end of the previous consolidated fiscal year. It remains above the target level of approximately 50%.
  15. FY2022-Q2MitigatedAnnual report

    「Equity ratio (%) 53.4 50.6」

    The equity ratio at the end of the second quarter was 53.4%, up from 50.6% at the end of the previous consolidated fiscal year and above the target level of approximately 50% stated in the previous fiscal year.
  16. FY2022-Q1MitigatedAnnual report

    「Equity ratio (%) 49.3 52.0 50.6」

    The equity ratio at the end of the first quarter was 52.0%, up from 50.6% at the end of the previous consolidated fiscal year and above the target level of approximately 50%.
  17. FY2021MitigatedAnnual report

    「By maintaining its equity ratio at approximately 50%, the Group will maintain its Single-A-minus credit rating, assigned by Rating and Investment Information, Inc. (R&I), and strengthen its resilience to risk.」

    The equity ratio at the end of the fiscal year was 50.6%, up from 48.9% at the end of the previous quarter and back at the target level of approximately 50%.
  18. FY2021-Q3WorsenedAnnual report

    「Equity ratio (%) 51.1 48.9 50.9」

    The equity ratio at the end of the third quarter was 48.9%, down from 49.3% at the end of the previous quarter. Relative to the target of maintaining an equity ratio of approximately 50% stated in the previous fiscal year, the ratio remains below the target level.
  19. FY2021-Q2RestatedAnnual report

    「Equity ratio (%) 49.3 49.3 50.9」

    The equity ratio at the end of the second quarter was 49.3%, unchanged from the end of the first quarter and below the 50.9% at the end of the previous consolidated fiscal year. Relative to the target of maintaining an equity ratio of approximately 50% stated in the previous fiscal year, the ratio remains below the target range.
  20. FY2021-Q1Equity Ratio Below TargetAnnual report

    「Equity ratio (%) 49.3 49.3 50.9」

    The equity ratio at the end of the first quarter was 49.3%, down from 50.9% at the end of the previous consolidated fiscal year. Relative to the target of maintaining an equity ratio of approximately 50% stated in the previous fiscal year, the ratio at the end of the quarter was below the target level.
  21. FY2020First statedAnnual report

    「By maintaining its equity ratio at approximately 50%, the Group will maintain its Single-A-minus credit rating, assigned by Rating and Investment Information, Inc. (R&I), and strengthen its resilience to risk.」

    The company has set a financial target of maintaining an equity ratio of approximately 50% and maintaining and strengthening its Single-A-minus credit rating and resilience to risk.
Moved together

"Impact of Yen Appreciation on Sales and Earnings" moved the same way as this thread, in the same document, in 6 of its 21 moves.

665544★123456
  1. ★This thread
  2. 1Impact of Yen Appreciation on Sales and Earnings6×
  3. 2Guarantees of debt for unconsolidated subsidiaries, affiliates and other entities6×
  4. 3Payment of Year-End Dividend5×
  5. 4Decline in Volumes of Semiconductor Process Components5×
  6. 5Development of TSA for Higher-Capacity HDDs4×
  7. 6Higher revenue but lower operating profit, ordinary profit and profit attributable to owners of the parent4×

★ 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 Nhk Spring yet. It last moved in the Earnings of 2026-05-11: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Maintaining an equity ratio of approximately 50% and a single-A-minus credit rating | NHK SPRING CO.,LTD. (5991) | Komori