Improving operating margin and ROE and reducing interest-bearing debt
First written in FY2017. 20 of 29 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07WorsenedResults
「これは主に１年内返済予定を含めた長期借入金の増加（2,733百万円）等によるものであります。」
長期借入金が1年内返済予定分を含めて2,733百万円増加し、有利子負債低減の方向から反転した。 - FY2026Operating margin recovery; slight decline in ROEAnnual report
「Operating profit margin (%) 14.8 13.6 16.7 13.4 16.4 ROE (return on equity) (%) 10.2 11.7 13.2 10.1 10.0」
The operating profit margin rose to 16.4% in FY2026, recovering from 13.4% in FY2025. ROE, meanwhile, was 10.0%, slightly down from 10.1% in FY2025. - 2026-05-12OtherResults
「2026年３月期の売上高営業利益率は16.4％、ROEは10.0％となりました。」
営業利益率は前期の13.4％から上昇した一方、ROEは10.1％から10.0％へ小幅に低下した。 - FY2025WorsenedAnnual report
「Operating profit margin (%) 12.1 14.8 13.6 16.7 13.4 ROE (return on equity) (%) 8.7 10.2 11.7 13.2 10.1」
For FY2025, the operating profit margin was 13.4% and ROE was 10.1%, down from 16.7% and 13.2%, respectively, in FY2024. Meanwhile, long-term borrowings decreased. - FY2025-H1AdvancedAnnual report
「Total liabilities were ¥2,920 million, down ¥311 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥156 million decrease in short- and long-term borrowings, including the portion due for repayment within one year, and a ¥158 million decrease in income taxes payable, among other factors.」
Short- and long-term borrowings, including the portion due for repayment within one year, decreased by ¥156 million, indicating concrete progress toward reducing interest-bearing debt. - FY2024AdvancedAnnual report
「Operating profit margin (%) 12.1 12.1 14.8 13.6 16.7 ROE (return on equity) (%) 9.6 8.7 10.2 11.7 13.2」
For FY2024, the operating profit margin was 16.7% and ROE was 13.2%, up from 13.6% and 11.7%, respectively, in the previous year. - FY2024-Q3AdvancedAnnual report
「Total liabilities were ¥3,667 million, down ¥647 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥308 million decrease in short- and long-term borrowings, a ¥240 million decrease in notes and accounts payable, and a ¥135 million decrease in provision for bonuses, among other factors.」
Short- and long-term borrowings decreased by ¥308 million, indicating concrete progress toward reducing interest-bearing debt. - FY2024-Q2AdvancedAnnual report
「Total liabilities were ¥4,587 million, up ¥271 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥308 million increase in notes and accounts payable, a ¥133 million increase in income taxes payable, and ¥166 million in repayment of long-term borrowings, among other factors.」
The company repaid ¥166 million of long-term borrowings, reducing long-term borrowings from the end of the previous fiscal year and demonstrating concrete repayment progress toward reducing interest-bearing debt. - FY2024-Q1AdvancedAnnual report
「This was mainly due to cash outflows of ¥83 million for repayment of long-term borrowings and ¥187 million for dividend payments, among other factors.」
The company repaid ¥83 million of long-term borrowings, demonstrating concrete repayment progress toward reducing interest-bearing debt. - FY2023ROE improved and operating profit margin declined; borrowings decreasedAnnual report
「Operating profit margin (%) 16.1 12.1 12.1 14.8 13.6 ROE (return on equity) (%) 14.7 9.6 8.7 10.2 11.7」
For the fiscal year ended March 2023, the operating profit margin decreased from 14.8% in the previous fiscal year to 13.6%, while ROE increased from 10.2% to 11.7%. Long-term borrowings also decreased by ¥333 million from the end of the previous fiscal year, indicating progress in reducing interest-bearing debt. - FY2023-Q3AdvancedAnnual report
「Total liabilities were ¥4,317 million, down ¥436 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥253 million decrease in income taxes payable and a ¥143 million decrease in long-term borrowings, including the portion due for repayment within one year, among other factors.」
Long-term borrowings, including the portion due for repayment within one year, decreased by ¥143 million, indicating concrete repayment progress toward reducing interest-bearing debt. - FY2023-Q2AdvancedAnnual report
「This was mainly due to cash outflows of ¥87 million for repayment of long-term borrowings and ¥143 million for dividend payments, among other factors.」
The company repaid ¥87 million of long-term borrowings, demonstrating concrete repayment progress toward reducing interest-bearing debt. - FY2023-Q1AdvancedAnnual report
「This was mainly due to cash outflows of ¥43 million for repayment of long-term borrowings and ¥126 million for dividend payments, among other factors.」
The company repaid ¥43 million of long-term borrowings, demonstrating concrete progress toward reducing interest-bearing debt. - FY2022-Q3WorsenedAnnual report
「Total liabilities were ¥4,463 million, up ¥464 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥318 million increase in notes and accounts payable and a ¥163 million increase in short- and long-term borrowings, among other factors.」
Despite the stated goal of reducing interest-bearing debt, short- and long-term borrowings increased by ¥163 million from the end of the previous consolidated fiscal year. - FY2022-Q2AdvancedAnnual report
「This was mainly due to a ¥346 million increase in notes and accounts payable and a ¥193 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥193 million, indicating concrete progress toward reducing interest-bearing debt. - FY2022-Q1AdvancedAnnual report
「This was mainly due to cash outflows of ¥66 million for repayment of long-term borrowings and ¥116 million for dividend payments, among other factors.」
The company repaid ¥66 million of long-term borrowings, demonstrating concrete progress toward reducing interest-bearing debt. - FY2021WorsenedAnnual report
「Operating profit margin (%) 9.4, 14.3, 16.1, 12.1, 12.1 ROE (return on equity) (%) 7.5, 14.8, 14.7, 9.6, 8.7」
For the fiscal year ended March 2021, the operating profit margin was 12.1%, unchanged from the previous fiscal year, while ROE decreased from 9.6% to 8.7%. Long-term borrowings also increased from ¥212 million at the end of the previous fiscal year to ¥1,582 million. - FY2021-Q3AdvancedAnnual report
「Total liabilities were ¥2,187 million, down ¥464 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥114 million decrease in notes and accounts payable, a ¥62 million decrease in short- and long-term borrowings, and a ¥120 million decrease in provision for bonuses, among other factors.」
Short- and long-term borrowings decreased by ¥62 million, indicating concrete progress toward reducing interest-bearing debt. - FY2021-Q2AdvancedAnnual report
「Total liabilities were ¥2,433 million, down ¥218 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥36 million decrease in notes and accounts payable, a ¥47 million decrease in short- and long-term borrowings, and a ¥35 million decrease in deferred tax liabilities, among other factors.」
Short- and long-term borrowings decreased by ¥47 million, indicating concrete progress toward reducing interest-bearing debt. - FY2021-Q1AdvancedAnnual report
「Total liabilities were ¥2,430 million, down ¥220 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥110 million decrease in provision for bonuses and a ¥38 million decrease in long-term borrowings, including the portion due for repayment within one year, among other factors.」
Long-term borrowings, including the portion due for repayment within one year, decreased by ¥38 million, indicating progress toward reducing interest-bearing debt. - FY2020Lower profit margin and ROE; borrowings decreasedAnnual report
「Operating profit margin (%) 9.0, 9.4, 14.3, 16.1, 12.1 ROE (return on equity) (%) 9.2, 7.5, 14.8, 14.7, 9.6」
For the fiscal year ended March 2020, the operating profit margin was 12.1% and ROE was 9.6%, down from 16.1% and 14.7%, respectively, in the previous fiscal year. Meanwhile, long-term borrowings, including the portion due for repayment within one year, decreased by ¥163 million. - FY2020-Q3AdvancedAnnual report
「Total liabilities were ¥2,729 million, down ¥535 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥128 million decrease in notes and accounts payable, a ¥125 million decrease in long-term borrowings, including the portion due for repayment within one year, and a ¥228 million decrease in income taxes payable, among other factors.」
Long-term borrowings, including the portion due for repayment within one year, decreased by ¥125 million, indicating concrete progress in reducing interest-bearing debt. - FY2020-Q2AdvancedAnnual report
「Total liabilities were ¥2,950 million, down ¥314 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥121 million decrease in notes and accounts payable, a ¥92 million decrease in income taxes payable, and an ¥89 million decrease in long-term borrowings, including the portion due for repayment within one year, among other factors.」
Long-term borrowings, including the portion due for repayment within one year, decreased by ¥89 million, indicating concrete progress in reducing interest-bearing debt. - FY2020-Q1AdvancedAnnual report
「This was mainly due to cash outflows of ¥39 million for repayment of long-term borrowings and ¥109 million for dividend payments, among other factors.」
The company repaid ¥39 million of long-term borrowings, demonstrating concrete repayment progress toward reducing interest-bearing debt. - FY2019-Q3AdvancedAnnual report
「Total liabilities were ¥2,874 million, down ¥317 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥131 million decrease in long-term borrowings, including the portion due for repayment within one year, and a ¥217 million decrease in income taxes payable, among other factors.」
Long-term borrowings decreased by ¥131 million, indicating concrete progress in reducing interest-bearing debt. - FY2019-Q2AdvancedAnnual report
「Total liabilities were ¥3,112 million, down ¥80 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥75 million decrease in long-term borrowings, including the portion due for repayment within one year, among other factors.」
Long-term borrowings decreased by ¥75 million, indicating concrete progress in reducing interest-bearing debt. - FY2018AdvancedAnnual report
「Operating margin (%): 14.3; ROE (return on equity) (%): 14.8」
Operating margin rose from 9.4% in the previous year to 14.3%, while ROE rose from 7.5% to 14.8%, providing actual results related to the improvement targets. Current and non-current borrowings also decreased by ¥145 million. - FY2018-Q3AdvancedAnnual report
「Total liabilities were ¥3,175 million, an increase of ¥36 million from the end of the previous consolidated fiscal year. This was mainly due to increases in notes and accounts payable-trade of ¥91 million and accrued income taxes of ¥82 million, and decreases of ¥103 million in current and non-current borrowings and ¥14 million in liabilities related to retirement benefits. This was mainly due to cash outflows including ¥105 million for repayment of long-term borrowings and ¥160 million for dividend payments.」
Current and non-current borrowings decreased by ¥103 million, and repayment of ¥105 million in long-term borrowings was also reported. Progress in reducing interest-bearing debt was shown together with numerical figures. - FY2017First statedAnnual report
「From the perspective of management focused on profitability, we will work to improve operating profit as a percentage of revenue. From the perspective of management focused on shareholders, we will work to improve return on equity, or ROE. From the perspective of management focused on financial soundness and safety, we will work to reduce interest-bearing debt as a percentage of total capital.」
The company has established a policy of improving operating margin, ROE and interest-bearing debt as management indicators, but has not presented specific numerical targets.