T.Rad (7236) · TargetAdvanced
Maintaining an Equity Ratio of Around 50%
First written in FY2020. 4 of 19 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-04-27.
19entries
7years
1from disclosures
How it moved
Same theme, other companies
Optimal capital structure with a 40–50% equity ratio as a benchmarkA theme 46 companies write about · 2 as a headwind · 43 as a tailwind
The whole theme swung hardest in 2019: 3 of 22 companies on the "Worse" side.
10 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 46 companies compared. The sentences above are computed from all 46.Full recordFilings, disclosures and news, newest first
- 2026-04-27AdvancedFinancial results
「Fiscal year ended March 2026 99,725 53,070 53.2」
The equity ratio rose to 53.2% from 49.9% at the end of the previous fiscal year, remaining above the previous target level of at least 40%. - FY2026-H1AdvancedAnnual report
「Equity ratio (%) 47.5 51.0 49.9」
The equity ratio rose to 51.0% at the end of the current interim consolidated accounting period from 47.5% in the same period of the previous year and 49.9% at the end of the previous fiscal year, exceeding T.RAD-12's target of at least 40%. - FY2025AdvancedAnnual report
「Equity ratio 43.6% 49.9%」
The equity ratio rose from 43.6% at the end of the previous fiscal year to 49.9%, exceeding T.RAD-12's target of at least 40%. - FY2025-H1Increase in the Equity RatioAnnual report
「Equity ratio (%) 44.4 47.5 43.6」
The equity ratio rose to 47.5% at the end of the current interim consolidated accounting period from 44.4% in the same period of the previous year and 43.6% at the end of the previous fiscal year, exceeding T.RAD-12's target level of at least 40%. - FY2024Maintaining an equity ratio target of at least 40%Annual report
「Under the medium-term management plan (T.RAD-12), the company aims to improve ROE while maintaining a sound financial position, maintain an equity ratio of at least 40%, and achieve an optimal level of financial leverage.」
The equity ratio was 43.6% at the end of the current fiscal year, above T.RAD-12's target level of at least 40%. - FY2024-Q3Increase in the Equity RatioAnnual report
「Equity ratio 45.3 45.5 44.9」
The equity ratio was 45.5% at the end of the third quarter, compared with 45.3% in the same period of the previous year and 44.9% at the end of the previous fiscal year. It was above T.RAD-12's target of approximately 40%. - FY2024-Q2Continued decline in the equity ratioAnnual report
「Equity ratio 47.1 44.4 44.9」
The equity ratio was 44.4% at the end of the second quarter, down from 47.1% in the same period of the previous year and 44.9% at the end of the previous fiscal year. It remained above the target level of approximately 40% set out in T.RAD-12. - FY2024-Q1Continued decline in the equity ratioAnnual report
「Equity ratio 46.8 44.8 44.9」
The equity ratio was 44.8% at the end of the first quarter, down from 46.8% in the same period of the previous year and 44.9% at the end of the previous fiscal year. It remained above the target level of approximately 40% set out in T.RAD-12. - FY2023-Q3Continued decline in the equity ratioAnnual report
「Equity ratio 47.4 45.3 47.5」
The equity ratio was 45.3% at the end of the third quarter, down from 47.4% in the same period of the previous year and 47.5% at the end of the previous fiscal year. It remained above the target level of approximately 40% set out in T.RAD-12. - FY2023-Q2The equity ratio remains above target but declines year on year and from the previous fiscal year-endAnnual report
「Equity ratio 47.7 47.1 47.5」
The equity ratio was 47.1% at the end of the second quarter, below 47.7% in the same period of the previous year and 47.5% at the end of the previous fiscal year. It was above T.RAD-12's target of approximately 40%. - FY2023-Q1Decline in the Equity RatioAnnual report
「Equity ratio 47.1 46.8 47.5」
The equity ratio was 46.8% at the end of the first quarter, compared with 47.1% in the same period of the previous year and 47.5% at the end of the previous fiscal year. - FY2022SoftenedAnnual report
「Under the medium-term management plan (T.RAD-12), the company aims for an equity ratio of approximately 40% while maintaining a sound financial position.」
The target was lowered from the previous objective of maintaining an equity ratio of approximately 50% to a policy under T.RAD-12 of aiming for approximately 40%, with a focus on improving ROE and financial leverage. - FY2022-Q3The equity ratio remains below target but edges downAnnual report
「Equity ratio 46.0 47.4 47.3」
The equity ratio was 47.4% at the end of the third quarter, above 47.3% at the end of the previous fiscal year but down from 47.7% in the immediately preceding quarter. It remains below the target level of approximately 50%. - FY2022-Q2The equity ratio remains below target but edges upAnnual report
「Equity ratio 47.9 47.7 47.3」
The equity ratio was 47.7% at the end of the second quarter, below 47.9% in the same period of the previous year but up from 47.3% at the end of the previous fiscal year. It remains below the target level of approximately 50%. - FY2022-Q1Failure to meet and decline in the equity ratio targetAnnual report
「Equity ratio 49.0 47.1 47.3」
The equity ratio was 47.1% at the end of the first quarter, down from 47.3% at the end of the previous fiscal year and below the target level of approximately 50%. - FY2021-Q3Continued decline in the equity ratioAnnual report
「Equity ratio 47.2 46.0 48.1」
The equity ratio was 46.0% at the end of the third quarter, down from 48.1% at the end of the previous fiscal year and further from the target level of approximately 50%. - FY2021-Q2Decline in the equity ratio from the target levelAnnual report
「Equity ratio 48.0 47.9 48.1」
The equity ratio fell to 47.9% from 48.0% in the same period of the previous year and 48.1% at the end of the previous fiscal year, moving further from the target level of approximately 50%. - FY2021-Q1AdvancedAnnual report
「Equity ratio 46.7 49.0 48.1」
The equity ratio rose from 48.1% at the end of the previous fiscal year to 49.0%, moving closer to the policy target of approximately 50%. - FY2020First statedAnnual report
「To maintain a sound financial position, the company aims to keep its equity ratio at approximately 50% as a safeguard against risks.」
The company explicitly stated for the first time a financial target of maintaining an equity ratio of approximately 50% while investing in growth and environmental fields and returning profits to shareholders.