Improvement in Equity Ratio and ROE
First written in FY2018. 9 of 31 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-10-30.
The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- 2026-10-30AdvancedEarnings
「この結果、自己資本比率は86.2％（前事業年度末は84.2％）となりました。」
自己資本比率が前事業年度末から上昇した。 - FY2026ROE declined below cost of capitalAnnual report
「The equity ratio for the fiscal year was 84.23% (up 3.49 percentage points year on year), while return on equity (ROE) was 2.52%, compared with the 10.0% target (down 4.65 percentage points year on year).」
The equity ratio rose from 80.74% to 84.23%, while ROE declined from 7.17% to 2.52%, below the company's recognized cost of shareholders' equity of 6–7%. - FY2026-H1AdvancedAnnual report
「As a result, the equity ratio was 83.0%, compared with 80.7% at the end of the previous fiscal year.」
The equity ratio rose from 80.7% at the end of the previous fiscal year to 83.0%. - FY2025ROE missed target; equity ratio improvedAnnual report
「The equity ratio for the fiscal year was 80.74% (up 4.63 percentage points year on year), while return on equity (ROE) was 7.17%, compared with the 10.0% target (down 2.21 percentage points year on year).」
The equity ratio improved from 76.11% to 80.74%, while ROE declined from 9.38% to 7.17%, below the long-term target of 10%. - FY2025-H1AdvancedAnnual report
「Total net assets at the end of the interim accounting period were ¥8,082 million, an increase of ¥232 million from the end of the previous fiscal year. This was mainly due to a ¥58 million decrease in treasury stock, and increases of ¥74 million in retained earnings and ¥53 million in valuation difference on available-for-sale securities. As a result, the equity ratio was 81.0%, compared with 76.1% at the end of the previous fiscal year.」
The equity ratio rose from 76.1% at the end of the previous fiscal year to 81.0%. - FY2024ROE improved but missed target; equity ratio declinedAnnual report
「The equity ratio for the fiscal year was 76.11% (down 0.63 percentage points year on year), while return on equity (ROE) was 9.38%, compared with the 10.0% target (up 2.5 percentage points year on year).」
ROE improved from 6.88% to 9.38% but fell short of the 10% target, while the equity ratio declined to 76.11%. - FY2024-Q3Decline in the Equity RatioAnnual report
「Equity ratio (%) 74.3 74.0 76.7」
The equity ratio at the end of the third quarter was 74.0%, below both the 74.3% in the same quarter of the previous year and the 76.7% at the end of the previous fiscal year. - FY2024-Q1Decline in the Equity RatioAnnual report
「Equity ratio (%) 77.6 75.4 76.7」
The equity ratio at the end of the first quarter was 75.4%, below both the 77.6% in the same quarter of the previous year and the 76.7% at the end of the previous fiscal year. - FY2023Deterioration in the equity ratio and improvement in ROEAnnual report
「The equity ratio for the fiscal year was 76.74% (down 2.46 percentage points year on year), while return on equity (ROE) was 6.88%, compared with the 10.0% target (up 0.92 percentage points year on year).」
The equity ratio declined from 79.20% to 76.74%, while ROE improved from 5.96% to 6.88%. However, ROE remains below the 10% target. - FY2023-Q3Decline in the Equity RatioAnnual report
「Equity ratio (%) 76.3 74.3 79.2」
The equity ratio for the cumulative third-quarter period was 74.3%, below both the 76.3% in the same period of the previous year and the 79.2% at the end of the previous fiscal year. - FY2023-Q2Decline in the Equity RatioAnnual report
「Equity ratio (%) 77.3 76.6 79.2」
The equity ratio at the end of the second quarter was 76.6%, below both the 79.2% at the end of the previous fiscal year and the 77.3% in the same quarter of the previous year. - FY2023-Q1Decline in the Equity RatioAnnual report
「Equity ratio (%) 77.6 77.6 79.2」
The equity ratio at the end of the first quarter was 77.6%, below the 79.2% at the end of the previous fiscal year. - FY2022Deterioration in the equity ratio and improvement in ROEAnnual report
「The equity ratio for the fiscal year was 79.20% (down 1.47 percentage points year on year), while return on equity (ROE) was 5.96%, compared with the 10.0% target (up 0.90 percentage points year on year). We will continue working to achieve our earnings plan, improve these metrics and enhance corporate value.」
The equity ratio declined from 80.67% to 79.20%, while ROE improved from 5.06% to 5.96%. ROE remains below the 10% target. - FY2022-Q3Decline in the Equity RatioAnnual report
「Equity ratio (%) 80.4 76.3 80.7」
The equity ratio for the cumulative third-quarter period was 76.3%, below 80.7% for the previous fiscal year. - FY2022-Q2Decline in the Equity RatioAnnual report
「Equity ratio (%) 79.3 77.3 80.7」
The equity ratio at the end of the second quarter was 77.3%, below 80.7% for the previous fiscal year and 79.3% for the same period of the previous fiscal year. - FY2022-Q1Decline in the Equity RatioAnnual report
「Equity ratio (%) 77.8 77.6 80.7」
The equity ratio at the end of the first quarter was 77.6%, below 80.7% for the previous fiscal year. - FY2021AdvancedAnnual report
「The equity ratio for the fiscal year was 80.67%, up 0.46 percentage points from the previous fiscal year, while ROE was 5.06% against a target of 10.0%, up 0.78 percentage points from the previous fiscal year. The company will continue working to achieve its earnings plan, improve these metrics and enhance corporate value.」
The equity ratio was 80.67% and ROE was 5.06%, with both improving from the previous fiscal year. ROE remains below the 10% target. - FY2021-Q3AdvancedAnnual report
「Equity ratio (%) 75.4 80.4 80.2」
The equity ratio for the cumulative third-quarter period was 80.4%, exceeding 75.4% for the same period of the previous fiscal year and 80.2% for the previous fiscal year. - FY2021-Q2Equity ratio recoveredAnnual report
「Equity ratio (%) 76.7 79.3 80.2」
The equity ratio at the end of the second quarter was 79.3%, recovering from 77.8% in the previous quarter but below 80.2% for the previous fiscal year. - FY2021-Q1Decline in the Equity RatioAnnual report
「Equity ratio (%) 72.8 77.8 80.2」
The equity ratio for the cumulative first-quarter period was 77.8%, down from 80.2% for the previous fiscal year. - FY2020Explicit target figures and deterioration in ROEAnnual report
「After determining its cost of capital, the company positions operating margin and return on equity (ROE) as important management indicators for assessing performance from the perspective of improving the efficiency and profitability of shareholders’ equity, and targets more than 10% for each. The company’s operating margin for the fiscal year was 5.89%, down 2.96 percentage points from 8.85% in the previous fiscal year, while ROE was 4.28%, down 2.96 percentage points from 7.24% in the previous fiscal year.」
The company explicitly set a target of more than 10% for both operating margin and ROE, while actual results for the fiscal year declined for both metrics and fell below the targets. - FY2020-Q3AdvancedAnnual report
「Equity ratio (%) 75.44 75.37 72.98」
The equity ratio for the cumulative third-quarter period was 75.37%, exceeding 72.98% for the previous fiscal year. - FY2020-Q2AdvancedAnnual report
「Equity ratio (%) 71.43 76.70 72.98」
The equity ratio for the cumulative second-quarter period was 76.70%, exceeding 72.98% for the previous fiscal year. - FY2020-Q1Slight decline in the equity ratioAnnual report
「Equity ratio (%) 69.68 72.84 72.98」
The equity ratio at the end of the first quarter was 72.84%, down 0.14 percentage points from 72.98% at the end of the previous fiscal year. There is no new disclosure regarding ROE or improvement measures. - FY2019Improvement in the equity ratio and deterioration in ROEAnnual report
「The equity ratio for the fiscal year was 72.98%, up 1.87 percentage points from the previous fiscal year, while return on equity (ROE) was 7.24%, down 3.91 percentage points from the previous fiscal year.」
While the equity ratio improved from the previous fiscal year, ROE deteriorated. The company stated its policy of continuing to work to improve both metrics. - FY2019-Q3AdvancedAnnual report
「Equity ratio (%) 69.44 75.44 71.11」
The equity ratio for the cumulative third-quarter period of the 75th fiscal year was 75.44%, exceeding 71.11% for the previous fiscal year. No separate measures to improve the equity ratio are disclosed. - FY2019-Q2AdvancedAnnual report
「Equity ratio (%) 67.58 71.43 71.11」
The equity ratio for the cumulative second-quarter period was 71.43%, exceeding 71.11% for the previous fiscal year. This filing contains no new disclosure regarding ROE or improvement measures. - FY2019-Q1Decline in the Equity RatioAnnual report
「Equity ratio (%) 67.84 69.68 71.11」
The equity ratio at the end of the first quarter was 69.68%, down from 71.11% at the end of the previous fiscal year. There is no disclosure of specific initiatives to improve the equity ratio. - FY2018First statedAnnual report
「The equity ratio for the fiscal year was 71.08%, down 0.77 percentage points from the previous fiscal year, while return on equity (ROE) was 11.15%, down 0.63 percentage points from the previous fiscal year. The company will continue working to achieve its earnings plan, improve these metrics and enhance corporate value.」
The company positioned the equity ratio and ROE as important indicators of stability and efficiency, disclosed their current levels, and for the first time identified improvement targets for the future as a separate theme.