Komori
Advan Group (7463) · FactEquity ratio rises to 71.5%Latest Earnings (2026-07-10): "Other"

High Equity Ratio and Decline in Interest-Bearing Debt

First written in FY2016. . Latest entry: 2026-07-10.

37entries
11years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2016 – 2026-07-102016: 320162017: 320172018: 420182019: 420192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 32026
Same theme, other companies
Strengthening the Financial Position by Reducing Interest-Bearing DebtA theme 119 companies write about · 2 as a headwind · 118 as a tailwind

28 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 119 companies compared. The sentences above are computed from all 119.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-10OtherEarnings

    「As a result, the equity ratio was 69.9%.」

    The equity ratio declined from 71.5% at the end of the previous fiscal year to 69.9%.
  2. FY2026Equity ratio rises to 71.5%Annual report

    「The equity ratio was 71.5%, compared with 67.1% in the previous consolidated fiscal year, due to increases in retained earnings and valuation differences on other securities.」

    The equity ratio increased from 67.1% in the previous fiscal year to 71.5% due to an increase in retained earnings and other factors.
  3. 2026-04-06OtherEarnings

    「As a result, the equity ratio was 71.5%.」

    The equity ratio rose from 67.1% at the end of the previous fiscal year to 71.5%.
  4. FY2026-H1Equity ratio increased to 69.5%Annual report

    「In addition, net assets increased by ¥557 million from the end of the previous consolidated fiscal year to ¥54,420 million, resulting in an equity ratio of 69.5%.」

    Net assets increased by ¥557 million, and the equity ratio increased from 67.1% at the end of the previous fiscal year to 69.5%.
  5. FY2025Equity ratio rose to 67.1%Annual report

    「The equity ratio was 67.1%, compared with 63.0% in the previous consolidated fiscal year, as interest-bearing debt increased due to financing for working capital, including tax payments and other expenses, and capital expenditures.」

    While interest-bearing debt increased, the equity ratio rose from 63.0% in the previous fiscal year to 67.1% due to an increase in net assets.
  6. FY2025-H1Equity ratio increased to 66.3%Annual report

    「Net assets decreased by ¥727 million from the end of the previous consolidated fiscal year to ¥48,857 million, resulting in an equity ratio of 66.3%.」

    The equity ratio increased from 63.0% at the end of the previous consolidated fiscal year to 66.3%, while net assets decreased by ¥727 million.
  7. FY2024Equity ratio declined to 63.0%Annual report

    「The equity ratio was 63.0%, compared with 65.6% in the previous consolidated fiscal year, as interest-bearing debt increased due to financing for working capital, including tax payments and other expenses.」

    Against a backdrop of increased interest-bearing debt from financing for working capital and other purposes, the equity ratio declined from 65.6% in the previous fiscal year to 63.0%.
  8. FY2024-Q3Equity ratio declined to 63.4%Annual report

    「Net assets increased by ¥4,383 million from the end of the previous consolidated fiscal year to ¥46,739 million, resulting in an equity ratio of 63.4%.」

    While net assets increased, the equity ratio declined from 65.6% at the end of March 2023 to 63.4%.
  9. FY2024-Q2Equity ratio increased to 67.3%Annual report

    「In addition, net assets increased by ¥5,062 million from the end of the previous consolidated fiscal year to ¥47,418 million, resulting in an equity ratio of 67.3%.」

    The equity ratio increased from 65.6% at the end of March 2023 to 67.3%, and net assets increased by ¥5,062 million.
  10. FY2024-Q1Equity ratio increased to 66.7%Annual report

    「Net assets increased by ¥2,708 million from the end of the previous consolidated fiscal year to ¥45,063 million, resulting in an equity ratio of 66.7%.」

    The equity ratio increased from 65.6% at the end of the previous consolidated fiscal year to 66.7%, and net assets increased by ¥2,708 million.
  11. FY2023Equity ratio declined to 65.6%Annual report

    「Equity ratio (%) 80.6 72.4 71.8 74.1 65.6」

    Interest-bearing debt increased to finance capital expenditures and other investments, causing the equity ratio to decline 8.5 percentage points from 74.1% in the previous fiscal year to 65.6%.
  12. FY2023-Q3Equity ratio declined to 71.2%Annual report

    「Net assets decreased by ¥1,316 million from the end of the previous consolidated fiscal year to ¥41,342 million, resulting in an equity ratio of 71.2%.」

    The equity ratio declined from 74.1% at the end of the previous consolidated fiscal year to 71.2%, while net assets decreased by ¥1,316 million.
  13. FY2023-Q2Equity ratio declined to 70.6%Annual report

    「Net assets increased by ¥1,893 million from the end of the previous consolidated fiscal year to ¥44,552 million, resulting in an equity ratio of 70.6%.」

    While net assets increased, the equity ratio declined from 74.1% at the end of the previous consolidated fiscal year to 70.6%.
  14. FY2023-Q1Equity ratio declined to 70.3%Annual report

    「In addition, net assets increased by ¥12 million from the end of the previous consolidated fiscal year to ¥42,671 million, including the disposal of surplus, resulting in an equity ratio of 70.3%.」

    The equity ratio declined from 74.1% at the end of the previous consolidated fiscal year to 70.3%. Net assets amounted to ¥42,671 million.
  15. FY2022Equity ratio increased to 74.1%Annual report

    「The equity ratio was 74.1%, compared with 71.8% in the previous consolidated fiscal year.」

    The equity ratio increased 2.3 percentage points from 71.8% in the previous fiscal year to 74.1%, while net assets increased to ¥42,658 million.
  16. FY2022-Q3Equity ratio increased to 74.5%Annual report

    「Net assets increased by ¥1,567 million from the end of the previous consolidated fiscal year to ¥42,278 million, resulting in an equity ratio of 74.5%.」

    Net assets increased by ¥1,567 million from the end of the previous consolidated fiscal year, and the equity ratio increased from 71.8% at the end of the previous fiscal year to 74.5%.
  17. FY2022-Q2Equity ratio rose to 73.2%Annual report

    「Net assets increased by ¥1,139 million from the end of the previous consolidated fiscal year to ¥41,849 million, resulting in an equity ratio of 73.2%.」

    Net assets increased by ¥1,139 million from the end of the previous consolidated fiscal year, and the equity ratio increased from 71.8% at the end of the previous fiscal year to 73.2%.
  18. FY2022-Q1Equity ratio increased to 72.6%Annual report

    「In addition, net assets increased by ¥283 million from the end of the previous consolidated fiscal year to ¥40,994 million, including the disposal of surplus, resulting in an equity ratio of 72.6%.」

    The equity ratio increased from 71.8% at the end of the previous fiscal year to 72.6%, while net assets increased by ¥283 million.
  19. FY2021-Q3Equity ratio changed to 71.7%Annual report

    「Net assets decreased by ¥1,748 million from the end of the previous consolidated fiscal year to ¥39,558 million, resulting in an equity ratio of 71.7%.」

    The equity ratio declined from 72.4% at the end of the previous consolidated fiscal year to 71.7%. However, it increased from 70.8% stated in the immediately preceding second-quarter report.
  20. FY2021-Q2Equity ratio changed to 70.8%Annual report

    「Net assets decreased by ¥565 million from the end of the previous consolidated fiscal year to ¥40,741 million, resulting in an equity ratio of 70.8%.」

    The equity ratio declined from 72.4% at the end of the previous consolidated fiscal year to 70.8%, while net assets decreased by ¥565 million.
  21. FY2021-Q1Equity ratio declined to the low 70% rangeAnnual report

    「Net assets decreased by ¥292 million from the end of the previous consolidated fiscal year to ¥41,014 million, due to the disposal of surplus and an increase in treasury stock, among other factors, resulting in an equity ratio of 70.1%.」

    The equity ratio declined from 72.4% at the end of the previous consolidated fiscal year to 70.1%, while net assets decreased by ¥292 million.
  22. FY2020Equity ratio declined furtherAnnual report

    「The equity ratio declined to 72.4%, compared with 80.6% in the previous fiscal year.」

    The equity ratio declined from 80.6% in the previous fiscal year to 72.4%, due to the acquisition of treasury stock and an increase in long-term borrowings, among other factors.
  23. FY2020-Q3Equity ratio declines from the 80% rangeAnnual report

    「Net assets decreased by ¥1,660 million from the end of the previous consolidated fiscal year to ¥40,393 million, resulting in an equity ratio of 75.9%.」

    The equity ratio declined from 80.6% at the end of the previous consolidated fiscal year to 75.9%, while net assets decreased by ¥1,660 million.
  24. FY2020-Q2Equity ratio declines from the 80% rangeAnnual report

    「Net assets decreased by ¥884 million from the end of the previous consolidated fiscal year to ¥41,169 million, resulting in an equity ratio of 74.8%.」

    The equity ratio declined from 80.6% at the end of the previous consolidated fiscal year to 74.8%, while net assets decreased by ¥884 million.
  25. FY2020-Q1Equity ratio declines from the 80% rangeAnnual report

    「Net assets declined by ¥1,235 million from the end of the previous consolidated fiscal year to ¥40,819 million, mainly due to an increase in treasury shares, resulting in an equity ratio of 77.3%.」

    The equity ratio declined from 80.6% at the end of the previous consolidated fiscal year to 77.3%. Net assets also decreased by ¥1,235 million, mainly due to an increase in treasury stock.
  26. FY2019Equity ratio rises into the 80% rangeAnnual report

    「Equity ratio (%) 75.7 79.6 75.7 74.2 80.6」

    The consolidated equity ratio increased from 74.2% in the previous fiscal year to 80.6%, and net assets amounted to ¥42,054 million.
  27. FY2019-Q3Equity ratio increasedAnnual report

    「Net assets increased by ¥2,186 million from the end of the previous consolidated fiscal year to ¥40,829 million, resulting in an equity ratio of 78.8%.」

    Net assets increased by ¥2,186 million from the end of the previous consolidated fiscal year, and the equity ratio rose from 74.2% to 78.8%.
  28. FY2019-Q2Equity ratio increasedAnnual report

    「Net assets increased by ¥2,272 million from the end of the previous consolidated fiscal year to ¥40,915 million, resulting in an equity ratio of 77.3%.」

    The equity ratio increased from 74.2% at the end of the previous consolidated fiscal year to 77.3%, while net assets also increased by ¥2,272 million.
  29. FY2019-Q1Equity ratio increasedAnnual report

    「As a result, the equity ratio was 76.4%.」

    The equity ratio increased from 74.2% at the end of the previous consolidated fiscal year to 76.4%, while net assets also increased by ¥848 million.
  30. FY2018Equity ratio declinesAnnual report

    「Equity ratio (%) 72.5 75.7 79.6 75.7 74.1」

    The consolidated equity ratio declined from 75.7% in the previous fiscal year to 74.1%, while net assets increased to ¥38,643 million.
  31. FY2018-Q3Equity ratio increasedAnnual report

    「Net assets increased by ¥7,866 million from the end of the previous consolidated fiscal year to ¥39,525 million, resulting in an equity ratio of 79.0%.」

    The equity ratio increased from 75.7% at the end of the previous consolidated fiscal year to 79.0%, while net assets also increased by ¥7,866 million.
  32. FY2018-Q2Equity ratio increasedAnnual report

    「Net assets increased by ¥7,603 million from the end of the previous consolidated fiscal year to ¥39,262 million, resulting in an equity ratio of 76.9%.」

    The equity ratio increased from 75.7% at the end of the previous consolidated fiscal year to 76.9%, while net assets also increased by ¥7,603 million.
  33. FY2017Year-end equity ratio recordedAnnual report

    「As a result, the equity ratio was 75.7%.」

    The year-end equity ratio was 75.7%, down from 79.6% at the end of the previous consolidated fiscal year, while net assets increased to ¥31,658 million.
  34. FY2017-Q3Equity ratio recoversAnnual report

    「Net assets increased by ¥710 million from the end of the previous consolidated fiscal year to ¥31,348 million, resulting in an equity ratio of 75.2%.」

    The equity ratio recovered from 72.4% at the end of the previous quarter to 75.2%, while net assets increased by ¥710 million from the end of the previous consolidated fiscal year.
  35. FY2017-Q2Equity ratio declined furtherAnnual report

    「Net assets declined by ¥1,990 million from the end of the previous consolidated fiscal year to ¥28,647 million, resulting in an equity ratio of 72.4%.」

    The equity ratio declined further, from 79.6% at the end of the previous consolidated fiscal year and 76.5% at the end of the previous quarter to 72.4%. Net assets also declined by ¥1,990 million from the end of the previous consolidated fiscal year.
  36. FY2017-Q1Equity ratio declinesAnnual report

    「As a result, the equity ratio was 76.5%.」

    The equity ratio declined from 79.6% at the end of the previous consolidated fiscal year to 76.5%, while net assets also declined by ¥2,519 million.
  37. FY2016First statedAnnual report

    「As a result, the equity ratio was 79.6%.」

    The company reported an equity ratio of 79.6%, declining interest-bearing debt and net assets of ¥3,063.8 million as its financial position for the period.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Advan Group yet. It last moved in the Earnings of 2026-07-10: "Other".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
High Equity Ratio and Decline in Interest-Bearing Debt | ADVAN GROUP CO.,LTD. (7463) | Komori