Declining net assets and equity ratio
First written in FY2017-Q2. 23 of 36 entries say "Mitigated", first in FY2017. Latest entry: 2026-11-13.
The whole theme swung hardest in 2025: 6 of 21 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「As a result, the equity ratio at the end of the current fiscal year was 59.9%, down 1.5 percentage points from the end of the previous fiscal year.」
Total net assets increased, but the equity ratio declined from 61.4% to 59.9% due in part to an increase in liabilities, including short-term borrowings. - 2026-05-15WorsenedRevision to earnings forecast
「当連結会計年度末の自己資本比率は前連結会計年度末から、1.5ポイント減少し59.9％となりました。」
純資産は増加したが、自己資本比率は前期末の61.4％から59.9％へ低下した。 - FY2026-H1MitigatedAnnual report
「As a result, the equity ratio at the end of the interim consolidated accounting period was 63.5%, up 2.1 percentage points from the end of the previous fiscal year.」
The equity ratio rose from 61.4% at the end of the previous fiscal year to 63.5%, while total net assets reached ¥143,803 million. - FY2025-H1MitigatedAnnual report
「The equity ratio at the end of the interim consolidated accounting period was 57.3%, up 2.8 percentage points from the end of the previous fiscal year.」
The equity ratio rose from 54.5% at the end of the previous fiscal year to 57.3%, while total net assets reached ¥131,642 million. - FY2024MitigatedAnnual report
「The equity ratio at the end of the current fiscal year was 54.5%, up 3.4 percentage points from the end of the previous fiscal year.」
Net assets increased to ¥125,513 million, and the equity ratio also rose from 51.1% at the end of the previous fiscal year to 54.5%. - FY2024-Q3WorsenedAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥110,607 million, reflecting an increase in retained earnings and other factors. As a result, the equity ratio at the end of the third quarter of the current consolidated fiscal year decreased by 0.3 percentage points from the end of the previous consolidated fiscal year to 50.8%.」
Although net assets increased, the equity ratio declined from 51.1% at the end of the previous fiscal year to 50.8%. - FY2024-Q2MitigatedAnnual report
「As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year increased by 2.3 percentage points from the end of the previous consolidated fiscal year to 53.4%.」
The equity ratio increased from 51.1% at the end of the previous consolidated fiscal year to 53.4%. - FY2024-Q1MitigatedAnnual report
「Total net assets at the end of the first quarter of the current consolidated fiscal year totaled ¥103,446 million, reflecting an increase in valuation difference on available-for-sale securities. As a result, the equity ratio at the end of the first quarter of the current consolidated fiscal year increased by 1.2 percentage points from the end of the previous consolidated fiscal year to 52.3%.」
Net assets totaled ¥103,446 million, and the equity ratio increased from 51.1% at the end of the previous consolidated fiscal year to 52.3%. - FY2023MitigatedAnnual report
「The equity ratio at the end of the current consolidated fiscal year increased by 5.8 percentage points from the end of the previous consolidated fiscal year to 51.1%.」
Total net assets totaled ¥101,895 million, and the equity ratio increased from 45.3% at the end of the previous fiscal year to 51.1%. - FY2023-Q3MitigatedAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥97,363 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the third quarter of the current consolidated fiscal year increased by 4.8 percentage points from the end of the previous consolidated fiscal year to 50.1%.」
Net assets totaled ¥97,363 million, and the equity ratio increased from 45.3% at the end of the previous consolidated fiscal year to 50.1%. - FY2023-Q2MitigatedAnnual report
「Meanwhile, total net assets at the end of the second quarter of the current consolidated fiscal year totaled ¥92,673 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year increased by 3.5 percentage points from the end of the previous consolidated fiscal year to 48.8%.」
Net assets totaled ¥92,673 million, and the equity ratio increased from 45.3% at the end of the previous consolidated fiscal year to 48.8%. - FY2023-Q1MitigatedAnnual report
「As a result, the equity ratio at the end of the first quarter of the current consolidated fiscal year increased by 2.3 percentage points from the end of the previous consolidated fiscal year to 47.6%.」
Total net assets totaled ¥88,423 million, and the equity ratio increased from 45.3% at the end of the previous consolidated fiscal year to 47.6%. - FY2022-Q3MitigatedAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥80,424 million, reflecting increases in share capital, capital surplus and retained earnings, among other factors. As a result, the equity ratio at the end of the third quarter of the current consolidated fiscal year increased by 10.5 percentage points from the end of the previous consolidated fiscal year to 45.4%.」
Capital increases, including through public offerings and third-party allotments, also contributed to net assets of ¥80,424 million and an increase in the equity ratio to 45.4%. - FY2022-Q2MitigatedAnnual report
「Meanwhile, total net assets at the end of the second quarter of the current consolidated fiscal year totaled ¥77,400 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year increased by 11.2 percentage points from the end of the previous consolidated fiscal year to 46.0%.」
Total net assets totaled ¥77,400 million, and the equity ratio increased from 34.8% at the end of the previous consolidated fiscal year to 46.0%. - FY2022-Q1MitigatedAnnual report
「Meanwhile, total net assets at the end of the first quarter of the current consolidated fiscal year totaled ¥51,364 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the first quarter of the current consolidated fiscal year increased by 1.5 percentage points from the end of the previous consolidated fiscal year to 36.3%.」
Net assets totaled ¥51,364 million, and the equity ratio increased from 34.8% at the end of the previous consolidated fiscal year to 36.3%. - FY2021MitigatedAnnual report
「Total net assets at the end of the current consolidated fiscal year increased by ¥5,919 million from the end of the previous consolidated fiscal year to ¥50,999 million, due to the recognition of net income attributable to owners of the parent of ¥3,745 million. As a result, the equity ratio at the end of the current consolidated fiscal year increased by 1.8 percentage points from the end of the previous consolidated fiscal year to 34.8%.」
Net assets and the equity ratio increased from the end of the previous fiscal year, with the equity ratio reaching 34.8%. - FY2021-Q3Increase in Net Assets and Flat Equity RatioAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥47,481 million, reflecting increases in retained earnings and valuation difference on available-for-sale securities, among other factors. As total assets also increased, the equity ratio at the end of the third quarter of the current consolidated fiscal year remained unchanged from the end of the previous consolidated fiscal year at 33.0%.」
Net assets increased, but total assets also increased, leaving the equity ratio unchanged from the end of the previous consolidated fiscal year at 33.0%. - FY2021-Q2MitigatedAnnual report
「Meanwhile, total net assets at the end of the second quarter of the current consolidated fiscal year totaled ¥46,893 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year was 34.3%.」
Total net assets increased from ¥45,080 million at the end of the previous consolidated fiscal year to ¥46,893 million, and the equity ratio was 34.3%. - FY2021-Q1MitigatedAnnual report
「Meanwhile, total net assets at the end of the first quarter of the current consolidated fiscal year totaled ¥45,008 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the first quarter of the current consolidated fiscal year increased by 1.3 percentage points from the end of the previous consolidated fiscal year to 34.3%.」
Net assets totaled ¥45,008 million, while the equity ratio increased by 1.3 percentage points from the end of the previous consolidated fiscal year to 34.3%. - FY2020Increase in Net Assets and Decline in Equity RatioAnnual report
「Total net assets at the end of the current consolidated fiscal year increased by ¥3,487 million from the end of the previous consolidated fiscal year to ¥45,080 million, due to the recognition of net income attributable to owners of the parent of ¥5,359 million. As a result, the equity ratio at the end of the current consolidated fiscal year decreased by 0.9 percentage points from the end of the previous consolidated fiscal year to 33.0%.」
While net assets increased, the equity ratio declined by 0.9 percentage points from the end of the previous fiscal year to 33.0% due to an increase in total assets and other factors. - FY2020-Q3Increase in Net Assets and Decline in Equity RatioAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥44,430 million, reflecting increases in retained earnings and valuation difference on available-for-sale securities, among other factors. As total assets also increased, the equity ratio at the end of the third quarter of the current consolidated fiscal year decreased by 0.7 percentage points from the end of the previous consolidated fiscal year to 33.2%.」
While net assets increased, the equity ratio declined by 0.7 percentage points from the end of the previous consolidated fiscal year due to an increase in total assets. - FY2020-Q2MitigatedAnnual report
「Meanwhile, total net assets at the end of the second quarter of the current consolidated fiscal year totaled ¥42,062 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year increased by 0.4 percentage points from the end of the previous consolidated fiscal year to 34.3%.」
Total net assets totaled ¥42,062 million, and the equity ratio also increased by 0.4 percentage points from the end of the previous consolidated fiscal year to 34.3%. - FY2020-Q1WorsenedAnnual report
「Meanwhile, total net assets at the end of the first quarter of the current consolidated fiscal year totaled ¥39,029 million, reflecting a decrease in retained earnings. As a result, the equity ratio at the end of the first quarter of the current consolidated fiscal year decreased by 1.0 percentage point from the end of the previous consolidated fiscal year to 32.9%.」
Total net assets decreased from ¥41,593 million at the end of the previous consolidated fiscal year to ¥39,029 million, and the equity ratio also declined from 33.9% to 32.9%. - FY2019MitigatedAnnual report
「Total net assets at the end of the current consolidated fiscal year increased by ¥4,205 million from the end of the previous consolidated fiscal year to ¥41,593 million, due to the recognition of net income attributable to owners of the parent of ¥5,940 million. As a result, the equity ratio at the end of the current consolidated fiscal year increased by 1.3 percentage points from the end of the previous consolidated fiscal year to 33.9%.」
Net assets and the equity ratio increased from the end of the previous fiscal year, with the equity ratio reaching 33.9%. - FY2019-Q3Increase in Net Assets and Decline in Equity RatioAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥37,812 million, reflecting a decrease in valuation difference on available-for-sale securities and other factors, despite an increase in retained earnings. As a result, the equity ratio at the end of the third quarter of the current consolidated fiscal year decreased by 0.9 percentage points from the end of the previous consolidated fiscal year to 31.7%.」
While total net assets increased from the end of the previous consolidated fiscal year, the equity ratio declined by 0.9 percentage points to 31.7%. - FY2019-Q2MitigatedAnnual report
「Meanwhile, total net assets at the end of the second quarter of the current consolidated fiscal year totaled ¥38,446 million, reflecting an increase in retained earnings. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year increased by 1.0 percentage point from the end of the previous consolidated fiscal year to 33.6%.」
Total net assets totaled ¥38,446 million, and the equity ratio increased by 1.0 percentage point from the end of the previous consolidated fiscal year to 33.6%. - FY2019-Q1Decrease in Net Assets and Higher Equity RatioAnnual report
「Meanwhile, total net assets at the end of the first quarter of the current consolidated fiscal year totaled ¥35,988 million, reflecting a decrease in retained earnings. As total assets also declined, the equity ratio at the end of the first quarter of the current consolidated fiscal year increased by 0.6 percentage points from the end of the previous consolidated fiscal year to 33.2%.」
While total net assets decreased from the end of the previous consolidated fiscal year, the equity ratio increased by 0.6 percentage points to 33.2%. - FY2018MitigatedAnnual report
「Total net assets at the end of the current consolidated fiscal year increased by ¥5,102 million from the end of the previous consolidated fiscal year to ¥37,387 million. As a result, the equity ratio at the end of the current consolidated fiscal year increased by 3.0 percentage points from the end of the previous consolidated fiscal year to 32.6%.」
Net assets and the equity ratio increased from the end of the previous fiscal year, with the equity ratio reaching 32.6%. - FY2018-Q3MitigatedAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥34,087 million, reflecting an increase in retained earnings and other factors. As a result, the equity ratio at the end of the third quarter of the current consolidated fiscal year increased by 0.5 percentage points from the end of the previous consolidated fiscal year to 30.1%.」
Total net assets totaled ¥34,087 million, and the equity ratio increased by 0.5 percentage points from the end of the previous consolidated fiscal year to 30.1%. - FY2018-Q2Decrease in Net Assets and Higher Equity RatioAnnual report
「Meanwhile, total net assets at the end of the second quarter of the current consolidated fiscal year totaled ¥32,038 million, reflecting a decrease in retained earnings despite an increase in valuation difference on available-for-sale securities. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year increased by 0.1 percentage point from the end of the previous consolidated fiscal year to 29.7%.」
Total net assets decreased from ¥32,284 million at the end of the previous consolidated fiscal year to ¥32,038 million, but the equity ratio increased from 29.6% to 29.7%. - FY2018-Q1Net assets decline, ratio flatAnnual report
「Meanwhile, total net assets at the end of the first quarter of the current consolidated fiscal year totaled ¥30,264 million, reflecting a decrease in retained earnings. As total assets also declined, the equity ratio at the end of the first quarter of the current consolidated fiscal year remained unchanged from the end of the previous consolidated fiscal year at 29.6%.」
Total net assets decreased from ¥32,284 million at the end of the previous consolidated fiscal year to ¥30,264 million, but the equity ratio remained flat at 29.6%. - FY2017MitigatedAnnual report
「Total net assets at the end of the current consolidated fiscal year increased by ¥198 million from the end of the previous consolidated fiscal year to ¥32,284 million, due to the recognition of net income attributable to owners of the parent of ¥595 million. As a result, the equity ratio at the end of the current consolidated fiscal year increased by 1.3 percentage points from the end of the previous consolidated fiscal year to 29.6%.」
The equity ratio increased from 26.1% at the end of the third quarter to 29.6% at the end of the fiscal year, up 1.3 percentage points from the end of the previous fiscal year. - FY2017-Q3WorsenedAnnual report
「Meanwhile, total net assets at the end of the third quarter of the current consolidated fiscal year totaled ¥29,277 million, reflecting a decrease in retained earnings. As a result, the equity ratio at the end of the third quarter of the current consolidated fiscal year decreased by 2.2 percentage points from the end of the previous consolidated fiscal year to 26.1%.」
Net assets increased from ¥28,034 million at the end of the second quarter to ¥29,277 million, but the equity ratio fell further from 26.9% to 26.1%, down 2.2 percentage points from the end of the previous consolidated fiscal year. - FY2017-Q2First statedAnnual report
「Meanwhile, total net assets at the end of the second quarter of the current consolidated fiscal year totaled ¥28,034 million, reflecting decreases in retained earnings and valuation difference on available-for-sale securities. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year decreased by 1.4 percentage points from the end of the previous consolidated fiscal year to 26.9%.」
Total net assets totaled ¥28,034 million, and the equity ratio declined by 1.4 percentage points from the end of the previous consolidated fiscal year to 26.9%.