Maintaining an Equity Ratio of Around 10% and Investing Surplus Capital Strategically
First written in FY2023. 4 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 3 of 21 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The equity ratio under domestic standards was 9.10% on a consolidated basis.」
In connection with the policy of allocating surplus capital to growth investments and shareholder returns while maintaining an appropriate level of equity capital, the company disclosed a consolidated equity ratio of 9.10%. - FY2026-H1RestatedAnnual report
「1. Consolidated capital adequacy ratio (2/3) 10.48 9.49」
In connection with the previous guideline of an equity ratio of around 9% to 10%, the consolidated equity ratio was 9.49% at the end of September 2025. - FY2025SoftenedAnnual report
「To improve capital efficiency, our basic policy is to maintain an appropriate level of equity capital while allocating surplus capital to growth investments and shareholder returns.」
The previous numerical guideline of “a consolidated equity ratio of around 9% to 10%” is no longer stated in the basic policy section, which now refers to “an appropriate level of equity capital.” - FY2025-H1RestatedAnnual report
「1. Consolidated capital adequacy ratio (2/3) 10.14 10.48」
In connection with its policy of maintaining an equity ratio of around 10% while using surplus capital, the company disclosed a consolidated equity ratio of 10.48% at the end of September 2024. - FY2024SoftenedAnnual report
「• While targeting a consolidated equity ratio of around 9% to 10%, maintain a total payout ratio of at least 50% and continue share buybacks」
The company widened its previous equity ratio guideline from “around 10%” to “around 9% to 10%” and presented a policy of allocating surplus capital to growth investments and shareholder returns. - FY2024-Q2RestatedAnnual report
「1. Consolidated capital adequacy ratio (2/3) 10.14」
The consolidated equity ratio was 10.14% as of 30 September 2023, and the company disclosed this result in connection with its policy of maintaining an equity ratio of around 10% while allocating surplus capital to strategic investments. - FY2023First statedAnnual report
「• Maintain an equity ratio of around 10% while allocating surplus capital to new strategic investments」
The company presented a capital allocation policy of maintaining an equity ratio of around 10% and allocating surplus capital to new strategic investments.