Komori
Wacom (6727) · TargetSignificant increase in the equity ratio

Increase the equity ratio to approximately 60%

First written in FY2018. 2 of 26 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.

26entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2018 – FY2022-Q1OtherFY2023-Q1 – FY20262018: 320182019: 420192020: 320202021: 420212022: 420222023: 220232024: 320242025: 120252026: 22026
Same theme, other companies
Optimal capital structure with a 40–50% equity ratio as a benchmarkA theme 51 companies write about · 3 as a headwind · 47 as a tailwind

The whole theme swung hardest in 2019: 3 of 26 companies on the "Worse" side.

9 other companies' latest entry also says "Other".

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 51 companies compared. The sentences above are computed from all 51.
Full recordFilings, disclosures and news, newest first
  1. FY2026Significant increase in the equity ratioAnnual report

    「As a result, the equity ratio increased 14.0 percentage points from the end of the previous consolidated fiscal year to 57.6%.」

    Although the former benchmark of an equity ratio of approximately 60% has been removed from the financial policy, the equity ratio increased significantly from 43.6% to 57.6% at the end of the current fiscal year.
  2. FY2026Significant increase in the equity ratioAnnual report

    「As a result, the equity ratio increased 14.0 percentage points from the end of the previous consolidated fiscal year to 57.6%.」

    Although the former benchmark of an equity ratio of approximately 60% has been removed from the financial policy, the equity ratio increased significantly from 43.6% to 57.6% at the end of the current fiscal year.
  3. FY2026-H1Equity ratio up from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio increased 3.2 percentage points from the end of the previous consolidated fiscal year to 46.8%.」

    The equity ratio increased 3.2 percentage points from 43.6% at the end of the previous fiscal year to 46.8%. The former benchmark of approximately 60% has already been removed from the financial policy.
  4. FY2025-H1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio decreased 2.0 percentage points from the end of the previous consolidated fiscal year to 43.2%.」

    The equity ratio decreased 2.0 percentage points from 45.2% at the end of the previous fiscal year to 43.2%.
  5. FY2024Equity ratio significantly down from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio decreased 8.6 percentage points from the end of the previous consolidated fiscal year to 45.2%.」

    The equity ratio decreased 8.6 percentage points from 53.8% at the end of the previous fiscal year to 45.2%. The benchmark of an equity ratio of approximately 60% was removed from the financial policy in the previous fiscal year.
  6. FY2024-Q3Equity ratio significantly down from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio decreased 7.5 percentage points from the end of the previous consolidated fiscal year to 46.3%.」

    Although the benchmark of an equity ratio of approximately 60% was no longer included in FY2023, the equity ratio was down 7.5 percentage points from the end of the previous fiscal year to 46.3% at the end of the third quarter.
  7. FY2023DroppedAnnual report

    「The guidelines for the financial policy established when Wacom Chapter 3 was formulated have been updated as follows.」

    The updated financial policy guidelines set out ROIC, ROE, dividends and share repurchases, and no longer include the former target of maintaining an equity ratio of approximately 60%.
  8. FY2023-Q3Equity ratio down from the end of the previous fiscal year, but up from the previous quarterAnnual report

    「As a result, the equity ratio decreased 3.7 percentage points from the end of the previous consolidated fiscal year to 55.6%.」

    The equity ratio decreased from 59.3% at the end of the previous consolidated fiscal year to 55.6%, while increasing from 53.9% at the end of the previous quarter. It remains below the medium-term benchmark of approximately 60%.
  9. FY2023-Q2Equity ratio further down from the benchmarkAnnual report

    「As a result, the equity ratio decreased 5.4 percentage points from the end of the previous consolidated fiscal year to 53.9%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, decreased from 59.3% at the end of the previous consolidated fiscal year to 53.9%.
  10. FY2023-Q1Equity ratio down from the benchmarkAnnual report

    「As a result, the equity ratio decreased 4.8 percentage points from the end of the previous consolidated fiscal year to 54.5%.」

    The equity ratio decreased 4.8 percentage points from 59.3% at the end of the previous fiscal year to 54.5%.
  11. FY2022AdvancedAnnual report

    「As a result, the equity ratio increased 6.4 percentage points from the end of the previous consolidated fiscal year to 59.3%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, increased from 52.9% at the end of the previous fiscal year to 59.3%, approaching the benchmark.
  12. FY2022-Q3Equity ratio down from the previous quarterAnnual report

    「As a result, the equity ratio increased 5.0 percentage points from the end of the previous consolidated fiscal year to 57.9%.」

    The equity ratio was 57.9% at the end of the third quarter. Although it decreased from 59.0% at the end of the previous quarter, it was up 5.0 percentage points from the end of the previous consolidated fiscal year.
  13. FY2022-Q2AdvancedAnnual report

    「As a result, the equity ratio increased 6.1 percentage points from the end of the previous consolidated fiscal year to 59.0%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, increased from 52.9% at the end of the previous consolidated fiscal year to 59.0% at the end of the second quarter, approaching the benchmark.
  14. FY2022-Q1Equity ratio up 4.8 percentage points from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio increased 4.8 percentage points from the end of the previous consolidated fiscal year to 57.7%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, increased from 52.9% at the end of the previous fiscal year to 57.7% at the end of the first quarter.
  15. FY2021Equity ratio declined from the previous fiscal year-endAnnual report

    「As a result, the equity ratio decreased 1.3 percentage points from the end of the previous consolidated fiscal year to 52.9%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, decreased from 54.2% at the end of the previous fiscal year to 52.9% at the end of the current fiscal year.
  16. FY2021-Q3Equity ratio declined from the previous fiscal year-endAnnual report

    「As a result, the equity ratio decreased 3.3 percentage points from the end of the previous consolidated fiscal year to 50.9%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, decreased 3.3 percentage points from the end of the previous consolidated fiscal year to 50.9% at the end of the third quarter.
  17. FY2021-Q2The equity ratio fell further from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio decreased 7.2 percentage points from the end of the previous consolidated fiscal year to 47.0%.」

    Against the medium-term equity ratio benchmark of approximately 60%, the ratio decreased 7.2 percentage points from the end of the previous fiscal year to 47.0% at the end of the second quarter.
  18. FY2021-Q1Equity ratio declined from the previous fiscal year-endAnnual report

    「As a result, the equity ratio decreased 4.5 percentage points from the end of the previous consolidated fiscal year to 49.7%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, decreased 4.5 percentage points from 54.2% at the end of the previous consolidated fiscal year to 49.7% at the end of the first quarter.
  19. FY2020-Q3Equity ratio increased from the previous fiscal year-endAnnual report

    「As a result, the equity ratio increased by 0.6 percentage points from the end of the previous consolidated fiscal year to 49.9%.」

    The equity ratio, for which the medium-term benchmark is approximately 60%, was 49.9% at the end of the third quarter, up 0.6 percentage points from the end of the previous fiscal year.
  20. FY2020-Q2The equity ratio fell further from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio decreased by 6.6 percentage points from the end of the previous consolidated fiscal year to 42.7%.」

    Against the medium-term equity ratio benchmark of approximately 60%, the ratio at the end of the second quarter fell by 6.6 percentage points from the end of the previous fiscal year to 42.7%.
  21. FY2020-Q1Equity ratio declined from the previous fiscal year-endAnnual report

    「As a result, the equity ratio decreased by 2.9 percentage points from the end of the previous consolidated fiscal year to 46.4%.」

    Against the medium-term equity ratio benchmark of approximately 60%, the ratio at the end of the first quarter fell from 49.3% at the end of the previous fiscal year to 46.4%.
  22. FY2019Equity ratio increased from the previous fiscal year-endAnnual report

    「As a result, the equity ratio increased by 4.8 percentage points from the end of the previous consolidated fiscal year to 49.3%.」

    Against the medium-term equity ratio benchmark of approximately 60%, the ratio at the end of the fiscal year rose from 44.5% at the end of the previous fiscal year to 49.3%.
  23. FY2019-Q3The equity ratio continued to decline from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio decreased by 2.7 percentage points from the end of the previous consolidated fiscal year to 41.8%.」

    Against the medium-term equity ratio benchmark of approximately 60%, the ratio at the end of the third quarter fell by 2.7 percentage points from the end of the previous fiscal year to 41.8%.
  24. FY2019-Q2Equity ratio declined furtherAnnual report

    「As a result, the equity ratio decreased by 5.8 percentage points from the end of the previous consolidated fiscal year to 38.7%.」

    Against the medium-term equity ratio benchmark of approximately 60%, the ratio at the end of the second quarter fell by 5.8 percentage points from the end of the previous fiscal year to 38.7%.
  25. FY2019-Q1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「As a result, the equity ratio decreased by 2.5 percentage points from the end of the previous consolidated fiscal year to 42.0%.」

    Against the medium-term equity ratio target of approximately 60%, the equity ratio at the end of the quarter fell by 2.5 percentage points from the end of the previous consolidated fiscal year to 42.0%.
  26. FY2018First statedAnnual report

    「As an indicator of financial soundness, the company aims to raise its equity ratio to approximately 60% on a consolidated basis over the medium term.」

    The company newly set out a medium-term benchmark of approximately 60% for the consolidated equity ratio as an indicator of financial soundness.
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When this could move next
Wacom's next results are scheduled for 2026-10-30. Read the earnings preview
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