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Shirai Electronics Industrial (6658) · FactAdvanced

Decline in Net Assets and Equity Ratio

First written in FY2020-Q2. 15 of 24 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.

24entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2020-Q3 – FY2021-Q2AdvancedFY2021-Q3 – FY20252019: 12020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Decline in Net Assets and Low Equity RatioA theme 15 companies write about · 15 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 6 of 14 companies on the "Worse" side.

0 other companies' latest entry also says "Advanced".

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 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Total net assets as of the end of the consolidated fiscal year were ¥11,109 million, an increase of ¥1,054 million from the end of the previous fiscal year. The main factors behind the change were increases of ¥857 million in retained earnings and ¥203 million in the foreign currency translation adjustment, among others.」

    Net assets increased by ¥1,054 million from the end of the previous fiscal year to ¥11,109 million, and the equity ratio, one of the key management indicators, improved from 51.0% to 57.1%.
  2. 2026-05-12AdvancedEarnings

    「Total net assets at the end of the fiscal year under review were ¥11,109 million, an increase of ¥1,054 million from the end of the previous fiscal year.」

    Net assets increased by ¥1,054 million from the end of the previous fiscal year, and the equity ratio also rose to 57.1%.
  3. FY2026-H1Decrease in net assets due to a decrease in the foreign currency translation adjustmentAnnual report

    「Total net assets as of the end of the interim consolidated accounting period were ¥9,791 million, a decrease of ¥263 million from the end of the previous consolidated fiscal year. The main factors behind the change were an increase of ¥253 million in retained earnings and a decrease of ¥456 million in the foreign currency translation adjustment, among others.」

    Although retained earnings increased by ¥253 million, the foreign currency translation adjustment decreased by ¥456 million, resulting in a ¥263 million decrease in net assets from the end of the previous fiscal year to ¥9,791 million.
  4. FY2025AdvancedAnnual report

    「Total net assets as of the end of the consolidated fiscal year were ¥10,054 million, an increase of ¥2,124 million from the end of the previous fiscal year.」

    Net assets increased by ¥2,124 million from the end of the previous fiscal year to ¥10,054 million, and the equity ratio improved from 39.8% to 51.0%.
  5. FY2025-H1AdvancedAnnual report

    「Total net assets as of the end of the interim consolidated accounting period were ¥8,976 million, an increase of ¥1,046 million from the end of the previous consolidated fiscal year. The main factors behind the change were increases of ¥556 million in retained earnings and ¥473 million in the foreign currency translation adjustment, among others.」

    Net assets increased by ¥1,046 million from the end of the previous fiscal year to ¥8,976 million, and the equity ratio improved from 39.8% at the end of the previous fiscal year to 43.8%.
  6. FY2024AdvancedAnnual report

    「Total net assets at the end of the current consolidated fiscal year were ¥7,930 million, up ¥1,948 million from the end of the previous fiscal year.」

    Net assets increased by ¥1,948 million from the end of the previous fiscal year to ¥7,930 million, and the equity ratio improved from 28.6% to 39.8%.
  7. FY2024-Q3AdvancedAnnual report

    「Total net assets at the end of the third quarter of the current consolidated fiscal year were ¥7,503 million, up ¥1,521 million from the end of the previous consolidated fiscal year.」

    Net assets increased by ¥1,521 million from the end of the previous consolidated fiscal year to ¥7,503 million, and the equity ratio improved from 28.6% at the end of the previous fiscal year to 35.8%.
  8. FY2024-Q2AdvancedAnnual report

    「Total net assets at the end of the second quarter of the current consolidated fiscal year were ¥6,726 million, up ¥745 million from the end of the previous consolidated fiscal year. The main factors included increases of ¥574 million in retained earnings and ¥136 million in the foreign currency translation adjustment account.」

    Net assets increased by ¥745 million from the end of the previous consolidated fiscal year to ¥6,726 million, and the equity ratio improved from 28.6% to 32.4%.
  9. FY2024-Q1AdvancedAnnual report

    「Total net assets at the end of the first quarter of the current consolidated fiscal year were ¥6,140 million, up ¥158 million from the end of the previous consolidated fiscal year.」

    Total net assets increased by ¥158 million from ¥5,981 million at the end of the previous consolidated fiscal year to ¥6,140 million, and the equity ratio improved from 28.6% to 29.2%.
  10. FY2023AdvancedAnnual report

    「Total net assets at the end of the current consolidated fiscal year were ¥5,981 million, up ¥1,883 million from the end of the previous fiscal year. The main factor was a ¥1,925 million increase in retained earnings.」

    Net assets increased from ¥4,097 million at the end of the previous fiscal year to ¥5,981 million, and the equity ratio improved from 17.6% to 28.6%.
  11. FY2023-Q3AdvancedAnnual report

    「Total net assets at the end of the third quarter of the current consolidated fiscal year were ¥6,045 million, up ¥1,947 million from the end of the previous consolidated fiscal year.」

    Net assets increased by ¥1,947 million from the end of the previous consolidated fiscal year to ¥6,045 million, and the equity ratio improved from 17.6% to 24.9%.
  12. FY2023-Q2AdvancedAnnual report

    「Total net assets at the end of the second quarter of the current consolidated fiscal year were ¥5,501 million, up ¥1,403 million from the end of the previous consolidated fiscal year.」

    Through earnings generation and the effects of management structural reforms, net assets increased by ¥1,403 million from the end of the previous consolidated fiscal year to ¥5,501 million, and the equity ratio improved from 17.6% to 21.8%.
  13. FY2023-Q1AdvancedAnnual report

    「Total net assets at the end of the first quarter of the current consolidated fiscal year were ¥4,708 million, up ¥610 million from the end of the previous consolidated fiscal year.」

    Net assets increased by ¥610 million from the end of the previous consolidated fiscal year to ¥4,708 million, and the equity ratio improved from 17.6% to 19.9%.
  14. FY2022AdvancedAnnual report

    「Total net assets at the end of the current consolidated fiscal year were ¥4,097 million, up ¥1,621 million from the end of the previous fiscal year. The main factor was a ¥1,316 million increase in retained earnings, reflecting the effects of management structural reforms aimed at strengthening the company's operating structure.」

    Net assets increased from ¥2,476 million at the end of the previous fiscal year to ¥4,097 million, and the equity ratio improved from 11.4% to 17.6%.
  15. FY2022-Q3AdvancedAnnual report

    「Total net assets at the end of the third quarter of the current consolidated fiscal year were ¥3,730 million, up ¥1,253 million from the end of the previous consolidated fiscal year. The main factors included increases of ¥1,110 million in retained earnings and ¥192 million in the foreign currency translation adjustment account, reflecting the effects of management structural reforms aimed at strengthening the company's leaner operating structure.」

    Net assets increased by ¥1,253 million from the end of the previous fiscal year to ¥3,730 million, and the equity ratio improved from 11.4% at the end of the previous fiscal year to 16.3%. The disclosure cites the effects of management structural reforms and the increase in retained earnings as factors.
  16. FY2022-Q2AdvancedAnnual report

    「Total net assets at the end of the second quarter of the current consolidated fiscal year were ¥3,302 million, up ¥825 million from the end of the previous consolidated fiscal year. The main factors included a ¥650 million increase in retained earnings and a ¥181 million increase in the foreign currency translation adjustment account, reflecting higher sales from solid orders and the effects of management structural reforms.」

    Net assets increased by ¥825 million from the end of the previous consolidated fiscal year to ¥3,302 million, and the equity ratio improved from 11.4% at the end of the previous fiscal year to 15.0%.
  17. FY2022-Q1MitigatedAnnual report

    「Total net assets at the end of the first quarter of the current consolidated fiscal year were ¥2,809 million, up ¥332 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥213 million in retained earnings and ¥116 million in the foreign currency translation adjustment account, due to improved earnings.」

    Net assets increased by ¥332 million from the end of the previous consolidated fiscal year to ¥2,809 million, and the equity ratio improved from 11.4% to 12.5%.
  18. FY2021MitigatedAnnual report

    「Total net assets at the end of the current consolidated fiscal year were ¥2,476 million, down ¥34 million from the end of the previous consolidated fiscal year.」

    Net assets decreased by ¥34 million from the end of the previous fiscal year on a full-year basis, but increased from ¥1,966 million at the end of the previous quarter to ¥2,476 million at year-end, and the equity ratio improved from 9.1% to 11.4%.
  19. FY2021-Q3MitigatedAnnual report

    「Total net assets at the end of the third quarter of the current consolidated fiscal year were ¥2,114 million, down ¥397 million from the end of the previous consolidated fiscal year. The main factor was a ¥411 million decrease in retained earnings.」

    Although net assets decreased by ¥397 million from the end of the previous fiscal year, they increased from ¥1,966 million at the end of the previous quarter to ¥2,114 million, and the equity ratio improved from 9.1% to 9.9%.
  20. FY2021-Q2WorsenedAnnual report

    「Total net assets at the end of the second quarter of the current consolidated fiscal year were ¥1,966 million, down ¥545 million from the end of the previous consolidated fiscal year. The main factors were decreases of ¥443 million in retained earnings and ¥68 million in the foreign currency translation adjustment account.」

    Net assets decreased by ¥545 million from the end of the previous fiscal year to ¥1,966 million, and the equity ratio declined from 11.4% at the end of the previous fiscal year to 9.1%.
  21. FY2021-Q1WorsenedAnnual report

    「Total net assets at the end of the first quarter of the current consolidated fiscal year were ¥2,216 million, down ¥295 million from the end of the previous consolidated fiscal year.」

    Total net assets decreased by ¥295 million from the end of the previous consolidated fiscal year to ¥2,216 million, and the equity ratio also declined from 11.4% to 10.0%.
  22. FY2020WorsenedAnnual report

    「Total net assets at the end of the current consolidated fiscal year were ¥2,511 million, down ¥639 million from the end of the previous consolidated fiscal year.」

    Net assets decreased by ¥639 million from the end of the previous fiscal year to ¥2,511 million, and the equity ratio also declined from 13.7% to 11.4%.
  23. FY2020-Q3WorsenedAnnual report

    「Total net assets at the end of the third quarter of the current consolidated fiscal year were ¥2,456 million, down ¥694 million from the end of the previous consolidated fiscal year.」

    Total net assets decreased by ¥694 million from the end of the previous consolidated fiscal year to ¥2,456 million, and the equity ratio also declined from 13.7% to 11.1%.
  24. FY2020-Q2First statedAnnual report

    「Total net assets at the end of the second quarter of the current consolidated fiscal year were ¥2,698 million, down ¥452 million from the end of the previous consolidated fiscal year. The main factor was a ¥464 million decrease in retained earnings.」

    Total net assets decreased by ¥452 million from the end of the previous consolidated fiscal year to ¥2,698 million, and the equity ratio, one of the key management indicators, also declined from 13.7% to 12.0%.
Moved together

"Decline in earning power from lower revenue and earnings" moved the same way as this thread, in the same document, in 13 of its 24 moves.

131212111111★123456
  1. ★This thread
  2. 1Decline in earning power from lower revenue and earnings13×
  3. 2Shift to Foreign Exchange Losses Due to Exchange-Rate Fluctuations12×
  4. 3Improved profit margin in the Inspection Equipment and Solutions Business12×
  5. 4Strengthening manufacturing capabilities and labor productivity beyond the reach of competitors11×
  6. 5Expanding market presence and brand through the launch of the VISPER-ZERO series11×
  7. 6Weak domestic demand and private consumption11×

★ 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 Shirai Electronics Industrial yet. It last moved in the Earnings of 2026-05-12: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decline in Net Assets and Equity Ratio | Shirai Electronics Industrial Co.,Ltd. (6658) | Komori