Enhancing Corporate Value by Improving ROE
First written in FY2017. 6 of 11 entries say "Advanced", first in FY2018. Latest entry: FY2026.
Muraki moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
26 other companies' latest entry also says "Other".
- FY2026Continued decline in ROA and ROEAnnual report
「ROA for the fiscal year was 3.9%, compared with 4.3% in the previous fiscal year, while ROE was 2.4%, compared with 3.4%. We will continue working to improve these metrics.」
ROA declined from 4.3% to 3.9% and ROE declined from 3.4% to 2.4%. The company states that it will continue working to improve both metrics. - 2026-05-14WorsenedEarnings
「Return on equity 2.4」
Return on equity declined from 3.4% in the previous fiscal year to 2.4%. - FY2025Decline in ROA and ROEAnnual report
「ROA for the fiscal year was 4.3%, compared with 5.5% in the previous fiscal year, while ROE was 3.4%, compared with 7.8%. We will continue working to improve these metrics.」
ROA declined from 5.5% to 4.3% and ROE declined from 7.8% to 3.4%. The company states that it will continue working to improve both metrics. - FY2024AdvancedAnnual report
「ROA for the fiscal year was 5.5%, compared with 5.7% in the previous fiscal year, while ROE was 7.8%, compared with 5.2%. We will continue working to improve these metrics.」
ROE increased from 5.2% in the previous fiscal year to 7.8%, adding to the company’s track record of improving ROE. - FY2023AdvancedAnnual report
「ROA for the fiscal year was 5.7%, compared with 4.0% in the previous fiscal year, while ROE was 5.2%, compared with 4.4%. We will continue working to improve these metrics.」
ROE increased from 4.4% to 5.2%, while ROA increased from 4.0% to 5.7%. The company states that it will continue working to improve both metrics. - FY2022AdvancedAnnual report
「ROA for the fiscal year was 4.0%, compared with 2.8% in the previous fiscal year, while ROE was 4.4%, compared with 3.0%. We will continue working to improve these metrics.」
ROA increased from 2.8% to 4.0% and ROE increased from 3.0% to 4.4%, demonstrating improvement in both metrics. - FY2021AdvancedAnnual report
「ROA for the fiscal year was 2.8%, compared with 2.2% in the previous fiscal year, while ROE was 3.0%, compared with 1.7%. We will continue working to improve these metrics.」
ROA increased from 2.2% to 2.8% and ROE increased from 1.7% to 3.0%, demonstrating improvement in both metrics. - FY2020Decline in ROEAnnual report
「ROA for the fiscal year was 2.2%, unchanged from the previous fiscal year, while ROE was 1.7%, compared with 2.4%. We will continue working to improve these metrics.」
ROA remained at 2.2%, unchanged from the previous fiscal year, while ROE declined from 2.4% to 1.7%. The company states that it will continue working to improve both metrics. - FY2019AdvancedAnnual report
「ROA for the fiscal year was 2.2%, compared with 1.0% in the previous fiscal year, while ROE was 2.4%, compared with 1.2%. We will continue working to improve these metrics.」
ROE improved from 1.2% in the previous fiscal year to 2.4%, demonstrating both the policy of working to improve ROE and the results achieved. - FY2018AdvancedAnnual report
「ROA for the fiscal year was 1.0%, compared with negative 2.9% in the previous fiscal year, while ROE was 1.2%, compared with negative 8.8%. We will continue working to improve these metrics.」
Regarding enhancement of corporate value through improved ROE, the company cited the improvement in ROE from negative 8.8% in the previous year to 1.2% and stated that it will continue working on further improvement. - FY2017First statedAnnual report
「From the perspective of capital efficiency, we will work to enhance corporate value by improving ROE (return on equity).」
The company did not set a specific numerical target, but for the first time explicitly identified improving ROE as a management metric for enhancing corporate value.