Komori
Okada Aiyon (6294) · PolicyWorsened

Maintaining an Equity Ratio of Around 50%

First written in FY2020. 7 of 19 entries say "Restated". Latest entry: FY2026.

19entries
7years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2023-Q3OtherFY2024-Q3 – FY2026-H12020: 220202021: 320212022: 320222023: 420232024: 320242025: 220252026: 22026
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

Okada Aiyon moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).

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

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

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. FY2026WorsenedAnnual report

    「As a result, the equity ratio was 45.2% (47.9% at the end of the previous consolidated fiscal year).」

    Against the policy of maintaining an equity ratio of around 50%, the equity ratio declined from 47.9% to 45.2%.
  2. 2026-05-14WorsenedEarnings

    「The equity ratio for the fiscal year ending March 2026 was 45.2%.」

    The equity ratio declined from 47.9% at the end of the previous fiscal year to 45.2%, widening the gap from the policy of maintaining a level of around 50%.
  3. FY2026-H1Below policy target but edged downAnnual report

    「Equity ratio (%) 46.6 47.8 47.9」

    The equity ratio at the end of the interim consolidated accounting period was 47.8%, below the policy of maintaining it at around 50%. It also edged down from 47.9% at the end of the previous fiscal year.
  4. FY2025Below policy target but improvedAnnual report

    「As a result, the equity ratio was 47.9% (47.0% at the end of the previous consolidated fiscal year).」

    Although the equity ratio remained below the policy target of around 50%, it improved from 47.0% at the end of the previous fiscal year to 47.9%.
  5. FY2025-H1Low but improved year on yearAnnual report

    「Equity ratio (%) 45.2 46.6 47.0」

    The equity ratio at the end of the interim consolidated accounting period was 46.6%, below the policy of maintaining it at around 50%. However, it improved from 45.2% in the same period of the previous year and declined from 47.0% at the end of the previous consolidated fiscal year.
  6. FY2024Low but improved from the previous fiscal year-endAnnual report

    「As a result, the equity ratio was 47.0% (45.6% at the end of the previous consolidated fiscal year).」

    Although the equity ratio remained below the policy target of around 50%, it improved from 45.6% at the end of the previous fiscal year to 47.0%.
  7. FY2024-Q3Equity ratio remains low but improvesAnnual report

    「Equity ratio (%) 47.0 46.9 45.6」

    The equity ratio at the end of the third quarter was 46.9%, below the policy of maintaining it at around 50%, but improved from 45.2% at the end of the previous quarter.
  8. FY2024-Q2WorsenedAnnual report

    「Equity ratio (%) 50.4 45.2 45.6」

    The equity ratio at the end of the second quarter was 45.2%, below both the policy of maintaining an equity ratio of around 50% and the previous fiscal year-end level of 45.6%.
  9. FY2024-Q1WorsenedAnnual report

    「Equity ratio (%) 49.7 45.3 45.6」

    The equity ratio at the end of the first quarter was 45.3%, below both the policy of maintaining it at around 50% and the previous fiscal year-end level of 45.6%.
  10. FY2023WorsenedAnnual report

    「In addition to stably securing the liquidity and sources of funds necessary for business operations from a safety perspective, our basic management policy is to maintain an equity ratio of around 50%.」

    The company continues to pursue a policy of maintaining an equity ratio of around 50%, but the equity ratio at the end of the consolidated fiscal year was 45.6%, down from 49.1% at the end of the previous fiscal year.
  11. FY2023-Q3Equity ratio falls below around 50%Annual report

    「Equity ratio (%) 51.4 47.0 49.1」

    The equity ratio at the end of the third quarter was 47.0%, below the level indicated by the previous policy of maintaining it at around 50%.
  12. FY2023-Q2RestatedAnnual report

    「Equity ratio (%) 50.8 50.4 49.1」

    The equity ratio at the end of the second quarter was 50.4%, broadly in line with the policy of maintaining an equity ratio of around 50%.
  13. FY2023-Q1RestatedAnnual report

    「Equity ratio (%) 49.6 49.7 49.1」

    The equity ratio at the end of the first quarter was 49.7%, broadly in line with the policy of maintaining an equity ratio of around 50%.
  14. FY2022-Q3RestatedAnnual report

    「Equity ratio (%) 50.9 51.4 51.0」

    The equity ratio at the end of the third quarter was 51.4%, a level consistent with the policy of maintaining an equity ratio of around 50%.
  15. FY2022-Q2RestatedAnnual report

    「Equity ratio (%) 50.8 50.3 51.0」

    The equity ratio at the end of the second quarter was 50.8%, a level in line with the policy of maintaining an equity ratio of approximately 50%.
  16. FY2022-Q1RestatedAnnual report

    「Equity ratio (%) 49.6 49.6 51.0」

    The equity ratio at the end of the first quarter was 49.6%, broadly in line with the policy of maintaining an equity ratio of approximately 50%.
  17. FY2021-Q3RestatedAnnual report

    「Equity ratio (%) 47.5 50.9 49.3」

    The equity ratio at the end of the third quarter was 50.9%, a level in line with the policy of maintaining an equity ratio of approximately 50%.
  18. FY2021-Q2RestatedAnnual report

    「Equity ratio (%) 50.8 50.3 49.3」

    The equity ratio at the end of the second quarter was 50.3%, a level in line with the policy of maintaining an equity ratio of approximately 50%.
  19. FY2020First statedAnnual report

    「As a basic management policy, from a safety perspective, the Company seeks to secure stable liquidity and stable sources of funds necessary for business operations, while maintaining an equity ratio of approximately 50%.」

    The Company states its basic financial policy of securing liquidity and stable funding sources while maintaining an equity ratio of approximately 50%.
Moved together

"Medium- to long-term management plan, Operation Arch 2020" moved the same way as this thread, in the same document, in 3 of its 19 moves.

333222★123456
  1. ★This thread
  2. 1Medium- to long-term management plan, Operation Arch 20203×
  3. 2Yen Appreciation Against a Backdrop of Global Economic Slowdown Risks and the UK's EU Withdrawal Issue3×
  4. 3Operating cash flow turning positive3×
  5. 4Demand for concrete crushers driven by earthquake-resistant reconstruction projects in the Tokyo metropolitan area2×
  6. 5Revenue growth driven by the use of grappling machines in disaster recovery and other applications2×
  7. 6Impact on Overseas Operations of Weak Resource Prices, Stagnant Overseas Demand, and a Stronger Yen2×

★ 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 Okada Aiyon yet. It last moved in the Earnings of 2026-05-14: "Worsened".
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 Around 50% | OKADA AIYON CORPORATION (6294) | Komori