Komori
Advanex (5998) · FactMitigated

Decline in the Equity Ratio

First written in FY2020-Q3. 13 of 24 entries say "Worsened", first in FY2020. Latest entry: 2026-08-07.

24entries
7years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2022-Q1 – FY2022-Q3WorsenedFY2023-Q1 – FY2023MitigatedFY2024-Q1 – FY2024WorsenedFY2025-H1 – FY2026-H12020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 32026
Same theme, other companies
Fluctuations in Equity RatioA theme 41 companies write about · 5 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2025: 8 of 41 companies on the "Worse" side.

2 other companies' latest entry also says "Mitigated".

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 41 companies compared. The sentences above are computed from all 41.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-07MitigatedEarnings

    「As a result, the equity ratio was 31.4%, compared with 31.1% at the end of the previous consolidated fiscal year.」

    The equity ratio increased from 31.1% at the end of the previous fiscal year to 31.4%.
  2. FY2026MitigatedAnnual report

    「As a result, the equity ratio was 31.1%, compared with 28.4% at the end of the previous consolidated fiscal year.」

    The equity ratio rose from 28.4% at the end of the previous fiscal year to 31.1%, exceeding the medium-term target of at least 30%.
  3. 2026-05-15MitigatedEarnings

    「As a result, the equity ratio was 31.1%, compared with 28.4% at the end of the previous consolidated fiscal year.」

    The equity ratio increased from 28.4% at the end of the previous fiscal year to 31.1%.
  4. FY2026-H1WorsenedAnnual report

    「As a result, the equity ratio was 26.6% (28.4% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 28.4% at the end of the previous fiscal year to 26.6%.
  5. FY2025WorsenedAnnual report

    「As a result, the equity ratio was 28.4% (29.1% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 29.1% at the end of the previous fiscal year to 28.4%.
  6. FY2025-H1WorsenedAnnual report

    「As a result, the equity ratio was 27.4% (29.1% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 29.1% at the end of the previous consolidated fiscal year to 27.4%.
  7. FY2024MitigatedAnnual report

    「As a result, the equity ratio was 29.1% (27.2% at the end of the previous consolidated fiscal year).」

    The equity ratio rose from 27.2% at the end of the previous fiscal year to 29.1%.
  8. FY2024-Q3MitigatedAnnual report

    「As a result, the equity ratio was 27.8% (27.2% at the end of the previous consolidated fiscal year).」

    The equity ratio rose from 27.2% at the end of the previous consolidated fiscal year to 27.8%, improving the financial indicators.
  9. FY2024-Q2MitigatedAnnual report

    「As a result, the equity ratio was 27.8% (27.2% at the end of the previous consolidated fiscal year).」

    The equity ratio rose from 27.2% at the end of the previous consolidated fiscal year to 27.8%.
  10. FY2024-Q1MitigatedAnnual report

    「As a result, the equity ratio was 28.6% (27.2% at the end of the previous consolidated fiscal year).」

    The equity ratio rose from 27.2% at the end of the previous fiscal year to 28.6%, improving the financial indicators.
  11. FY2023WorsenedAnnual report

    「As a result, the equity ratio was 27.2% (27.4% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 27.4% at the end of the previous fiscal year to 27.2%.
  12. FY2023-Q3WorsenedAnnual report

    「As a result, the equity ratio was 25.6% (27.4% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 27.4% at the end of the previous consolidated fiscal year to 25.6%.
  13. FY2023-Q2WorsenedAnnual report

    「As a result, the equity ratio was 26.8% (27.4% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 27.4% at the end of the previous fiscal year to 26.8%.
  14. FY2023-Q1WorsenedAnnual report

    「As a result, the equity ratio was 26.8% (27.4% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 27.4% at the end of the previous consolidated fiscal year to 26.8%.
  15. FY2022MitigatedAnnual report

    「As a result, the equity ratio was 27.4% (26.5% at the end of the previous consolidated fiscal year).」

    The equity ratio rose from 26.5% at the end of the previous fiscal year to 27.4%.
  16. FY2022-Q3WorsenedAnnual report

    「As a result, the equity ratio was 25.0% (26.5% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 26.5% at the end of the previous consolidated fiscal year to 25.0%.
  17. FY2022-Q2WorsenedAnnual report

    「As a result, the equity ratio was 25.7% (26.5% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 26.5% at the end of the previous consolidated fiscal year to 25.7%.
  18. FY2022-Q1WorsenedAnnual report

    「As a result, the equity ratio was 26.0% (26.5% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 26.5% at the end of the previous consolidated fiscal year to 26.0%.
  19. FY2021MitigatedAnnual report

    「As a result, the equity ratio was 26.5% (22.4% at the end of the previous consolidated fiscal year).」

    The equity ratio rose from 22.4% at the end of the previous fiscal year to 26.5%, improving.
  20. FY2021-Q3MitigatedAnnual report

    「As a result, the equity ratio was 24.1% (22.4% at the end of the previous consolidated fiscal year).」

    The equity ratio rose from 22.4% at the end of the previous consolidated fiscal year to 24.1%, improving from the end of the previous fiscal year.
  21. FY2021-Q2WorsenedAnnual report

    「As a result, the equity ratio was 21.6% (22.4% at the end of the previous consolidated fiscal year).」

    The equity ratio declined from 22.4% at the end of the previous consolidated fiscal year to 21.6%, also down from 21.8% at the end of the previous quarter.
  22. FY2021-Q1WorsenedAnnual report

    「Equity ratio (%) 23.8 21.8 22.4」

    The equity ratio declined from 22.4% at the end of the previous consolidated fiscal year to 21.8% at the end of the first quarter of the current fiscal year.
  23. FY2020WorsenedAnnual report

    「Equity ratio (%) 38.4 33.3 30.5 26.6 22.4」

    The equity ratio declined from 26.6% in the previous fiscal year to 22.4%, continuing to decline over the past 5 fiscal years.
  24. FY2020-Q3First statedAnnual report

    「Equity ratio (%) 26.6 23.6」

    The equity ratio declined from 26.6% at the end of the previous consolidated fiscal year to 23.6% at the end of the third quarter of the current consolidated fiscal year.
Moved together

"Widening loss due to higher revenue in the Americas business and increased fixed costs" moved the same way as this thread, in the same document, in 15 of its 24 moves.

151413121110★123456
  1. ★This thread
  2. 1Widening loss due to higher revenue in the Americas business and increased fixed costs15×
  3. 2Impact of yen appreciation on overseas business earnings and net assets14×
  4. 3Increase in Borrowings13×
  5. 4Decline in Cash and Cash Equivalents12×
  6. 5Japan Business Loss Narrows on Strong Automotive Performance11×
  7. 6Decrease in cash flow from operating activities10×

★ 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 Advanex yet. It last moved in the Earnings of 2026-08-07: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in the Equity Ratio | Advanex Inc. (5998) | Komori