Decline in Net Assets and Equity Ratio Due to Quarterly Losses and Dividends
First written in FY2017-Q1. 28 of 37 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-08-10.
Plaza Holdings moved to the "Worse" side of this theme in 2016, 7 years before the typical company in this theme (2023).
5 other companies' latest entry also says "Worsened".
- 2026-08-10WorsenedEarnings
「The equity ratio at the end of the first-quarter consolidated accounting period was 15.8%, compared with 20.8% at the end of the previous consolidated fiscal year.」
Net assets declined owing to the quarterly net loss, dividends, and the acquisition of treasury shares, causing the equity ratio to fall. - FY2026MitigatedAnnual report
「Net assets at the end of the fiscal year were ¥2,313 million, an increase of ¥93 million from the end of the previous fiscal year. The equity ratio at fiscal year-end was 20.8%, up from 19.1% at the end of the previous fiscal year.」
Net income exceeded dividends, resulting in a ¥93 million increase in net assets. The equity ratio also rose from 19.1% to 20.8%. - 2026-05-14MitigatedEarnings
「The equity ratio at the end of the consolidated fiscal year was 20.8%, compared with 19.1% at the end of the previous consolidated fiscal year.」
The equity ratio increased from 19.1% to 20.8%, improving from the decline reported in the previous fiscal year. - FY2026-H1WorsenedAnnual report
「Net assets at the end of the interim period were ¥2,099 million, a decrease of ¥120 million from the end of the previous fiscal year. The main factors were an interim net loss attributable to owners of the parent of ¥7 million and ¥121 million in dividends from surplus, which reduced retained earnings by ¥129 million. The equity ratio at the end of the interim period was 18.5%, down from 19.1% at the end of the previous fiscal year.」
Net assets decreased by ¥120 million from the end of the previous fiscal year due to the interim net loss and dividends, while the equity ratio also declined from 19.1% to 18.5%. - FY2025-H1WorsenedAnnual report
「Net assets at the end of the interim period were ¥1,851 million, a decrease of ¥395 million from the end of the previous fiscal year. The main factors were an interim net loss attributable to owners of the parent of ¥89 million and ¥120 million in dividends from surplus, which reduced retained earnings by ¥210 million. The equity ratio at the end of the interim period was 16.9%, down from 20.4% at the end of the previous fiscal year.」
Net assets decreased by ¥395 million from the end of the previous fiscal year due to the interim net loss and dividends, while the equity ratio also declined from 20.4% to 16.9%. - FY2024Lower net assets and higher equity ratioAnnual report
「Net assets at the end of the fiscal year were ¥2,246 million, a decrease of ¥63 million from the end of the previous fiscal year. The main factors were net income attributable to owners of the parent of ¥58 million and dividend payments of ¥120 million. The equity ratio at fiscal year-end was 20.4%, up from 19.8% at the end of the previous fiscal year.」
Although profit was recorded, net assets decreased by ¥63 million due to dividends. Meanwhile, the equity ratio rose from 19.8% to 20.4%. - FY2024-Q3WorsenedAnnual report
「Net assets at the end of the third quarter were ¥1,970 million, a decrease of ¥339 million from the end of the previous fiscal year. The main factors were a ¥220 million quarterly net loss attributable to owners of the parent and ¥120 million in dividend payments, which reduced retained earnings by ¥341 million. The equity ratio at the end of the third quarter was 17.5%, down from 19.8% at the end of the previous fiscal year.」
Net assets decreased by ¥339 million from the end of the previous fiscal year due to the quarterly net loss and dividends, while the equity ratio declined from 19.8% to 17.5%. The equity ratio was slightly higher than the 17.4% recorded at the end of the previous quarter. - FY2024-Q2WorsenedAnnual report
「Net assets at the end of the second quarter were ¥1,889 million, a decrease of ¥420 million from the end of the previous fiscal year. The main factors were a ¥321 million quarterly net loss attributable to owners of the parent and ¥120 million in dividends from surplus, which reduced retained earnings by ¥442 million. The equity ratio at the end of the second quarter was 17.4%, down from 19.8% at the end of the previous fiscal year.」
Net assets decreased by ¥420 million from the end of the previous fiscal year due to the quarterly net loss and dividends, while the equity ratio also declined from 19.8% to 17.4%. - FY2024-Q1WorsenedAnnual report
「Net assets at the end of the first quarter were ¥1,921 million, a decrease of ¥388 million from the end of the previous fiscal year. The main factors were a ¥274 million quarterly net loss attributable to owners of the parent and a ¥120 million dividend payment, which reduced retained earnings by ¥395 million. The equity ratio at the end of the first quarter was 17.9%, down from 19.8% at the end of the previous fiscal year.」
Net assets decreased by ¥388 million from the end of the previous fiscal year due to the quarterly net loss and dividends, while the equity ratio also declined from 19.8% to 17.9%. - FY2023WorsenedAnnual report
「Net assets at the end of the fiscal year were ¥2,310 million, a decrease of ¥371 million from the end of the previous fiscal year. The equity ratio at fiscal year-end was 19.8%, down from 22.1% at the end of the previous fiscal year.」
Net assets decreased by ¥371 million due to the net loss for the fiscal year, dividends, treasury share purchases and other factors, while the equity ratio also declined from 22.1% to 19.8%. - FY2023-Q3WorsenedAnnual report
「Net assets at the end of the third quarter were ¥2,241 million, a decrease of ¥440 million from the end of the previous fiscal year. The main factors were a ¥279 million quarterly net loss attributable to owners of the parent and ¥121 million in dividend payments, which reduced retained earnings by ¥400 million. The equity ratio at the end of the third quarter was 17.5%, down from 22.1% at the end of the previous fiscal year.」
Net assets decreased by ¥440 million from the end of the previous fiscal year due to the quarterly net loss and dividends, while the equity ratio declined from 22.1% to 17.5%. - FY2023-Q2WorsenedAnnual report
「Net assets at the end of the second quarter were ¥1,999 million, a decrease of ¥682 million from the end of the previous fiscal year. The main factors were a ¥520 million quarterly net loss attributable to owners of the parent and ¥121 million in dividends from surplus, which reduced retained earnings by ¥641 million. The equity ratio at the end of the second quarter was 17.4%, down from 22.1% at the end of the previous fiscal year.」
Net assets decreased by ¥682 million from the end of the previous fiscal year due to the quarterly net loss and dividends, while the equity ratio also declined from 22.1% to 17.4%. - FY2023-Q1WorsenedAnnual report
「Net assets at the end of the first quarter were ¥2,246 million, a decrease of ¥435 million from the end of the previous fiscal year. The main factors were a ¥321 million quarterly net loss attributable to owners of the parent and a ¥121 million dividend payment, which reduced retained earnings by ¥443 million. The equity ratio at the end of the first quarter was 20.4%, down from 22.1% at the end of the previous fiscal year.」
Net assets decreased by ¥435 million due to the quarterly net loss and dividend payments, while the equity ratio also declined from 22.1% to 20.4%. - FY2022WorsenedAnnual report
「Net assets at the end of the fiscal year were ¥2,682 million, a decrease of ¥123 million from the end of the previous fiscal year. The equity ratio at fiscal year-end was 22.1%, down from 22.9% at the end of the previous fiscal year.」
Although net income was recorded for the fiscal year, net assets decreased by ¥123 million due to dividend payments, treasury share purchases and other factors, while the equity ratio also declined from 22.9% to 22.1%. - FY2022-Q3WorsenedAnnual report
「Net assets at the end of the third quarter were ¥2,622 million, a decrease of ¥183 million from the end of the previous fiscal year. The main factors were quarterly net income attributable to owners of the parent of ¥21 million and a ¥148 million dividend payment, which reduced retained earnings by ¥155 million. The equity ratio at the end of the third quarter was 19.3%, down from 22.9% at the end of the previous fiscal year.」
Although quarterly net income was recorded, net assets decreased by ¥183 million from the end of the previous fiscal year due to dividends and other factors, while the equity ratio also declined from 22.9% to 19.3%. - FY2022-Q2WorsenedAnnual report
「Net assets at the end of the second quarter were ¥2,409 million, a decrease of ¥396 million from the end of the previous fiscal year. The main factors were a ¥201 million quarterly net loss attributable to owners of the parent and ¥148 million in dividends from surplus, which reduced retained earnings by ¥378 million. The equity ratio at the end of the second quarter was 20.1%, down from 22.9% at the end of the previous fiscal year.」
Net assets decreased by ¥396 million from the end of the previous fiscal year due to the quarterly net loss and dividends, while the equity ratio declined from 22.9% to 20.1%. - FY2022-Q1WorsenedAnnual report
「Net assets at the end of the first quarter were ¥2,550 million, a decrease of ¥254 million from the end of the previous fiscal year. The main factors were a ¥69 million quarterly net loss attributable to owners of the parent and a ¥148 million dividend payment, which reduced retained earnings by ¥246 million. The equity ratio at the end of the first quarter was 22.0%, down from 22.9% at the end of the previous fiscal year.」
Net assets decreased by ¥254 million due to the quarterly net loss and dividend payments, while the equity ratio also declined from 22.9% to 22.0%. - FY2021MitigatedAnnual report
「Net assets at the end of the fiscal year were ¥2,805 million, an increase of ¥499 million from the end of the previous fiscal year. The equity ratio at fiscal year-end was 22.9%, up from 18.4% at the end of the previous fiscal year.」
Net assets increased by ¥499 million, mainly due to net income for the fiscal year, while the equity ratio rose from 18.4% to 22.9%. - FY2021-Q3WorsenedAnnual report
「Net assets at the end of the third quarter were ¥2,341 million, an increase of ¥35 million from the end of the previous fiscal year. The main factors were quarterly net income attributable to owners of the parent of ¥128 million and a ¥88 million dividend payment, which increased retained earnings by ¥39 million. The equity ratio at the end of the third quarter was 16.9%, down from 18.4% at the end of the previous fiscal year.」
Net assets increased by ¥35 million from the end of the previous fiscal year, while the equity ratio declined from 18.4% to 16.9%. - FY2021-Q2WorsenedAnnual report
「Net assets at the end of the second quarter were ¥1,911 million, a decrease of ¥394 million from the end of the previous fiscal year. The main factors were a ¥312 million quarterly net loss attributable to owners of the parent and a ¥88 million dividend payment, which reduced retained earnings by ¥401 million. The equity ratio at the end of the second quarter was 16.5%, down from 18.4% at the end of the previous fiscal year.」
Net assets decreased by ¥394 million due to the quarterly net loss and dividend payments, while the equity ratio also declined from 18.4% to 16.5%. - FY2021-Q1WorsenedAnnual report
「Net assets at the end of the first quarter were ¥1,950 million, a decrease of ¥355 million from the end of the previous fiscal year. The main factors were a ¥267 million quarterly net loss attributable to owners of the parent and a ¥88 million dividend payment, which reduced retained earnings by ¥356 million. The equity ratio at the end of the first quarter was 16.1%, down from 18.4% at the end of the previous fiscal year.」
Net assets decreased by ¥355 million from the end of the previous fiscal year due to the quarterly net loss and dividend payments, while the equity ratio also declined from 18.4% to 16.1%. - FY2020MitigatedAnnual report
「Net assets at the end of the fiscal year were ¥2,305 million, an increase of ¥8 million from the end of the previous fiscal year. The equity ratio at fiscal year-end was 18.4%, up from 17.2% at the end of the previous fiscal year.」
Net assets increased by ¥8 million, mainly due to net income for the fiscal year, while the equity ratio also rose from 17.2% to 18.4%. - FY2020-Q3WorsenedAnnual report
「Net assets at the end of the third quarter were ¥2,279 million, a decrease of ¥18 million from the end of the previous fiscal year. The main factors were quarterly net income attributable to owners of the parent of ¥60 million and a ¥89 million dividend payment, which reduced retained earnings by ¥29 million. The equity ratio at the end of the third quarter was 15.3%, down from 17.2% at the end of the previous fiscal year.」
Although net assets and the equity ratio recovered from the end of the second quarter, net assets decreased by ¥18 million from the end of the previous fiscal year and the equity ratio declined from 17.2% to 15.3%. - FY2020-Q2WorsenedAnnual report
「Net assets at the end of the second quarter were ¥1,664 million, a decrease of ¥633 million from the end of the previous fiscal year. The main factors were a ¥542 million quarterly net loss attributable to owners of the parent and a ¥89 million dividend payment, which reduced retained earnings by ¥632 million. The equity ratio at the end of the second quarter was 13.8%, down from 17.2% at the end of the previous fiscal year.」
Net assets decreased by ¥633 million from the end of the previous fiscal year due to the quarterly net loss and dividend payments, while the equity ratio also declined from 17.2% to 13.8%. - FY2020-Q1WorsenedAnnual report
「Net assets at the end of the first quarter were ¥1,919 million, a decrease of ¥378 million from the end of the previous fiscal year. The main factors were a ¥287 million quarterly net loss attributable to owners of the parent and a ¥89 million dividend payment, which reduced retained earnings by ¥377 million. The equity ratio at the end of the first quarter was 16.2%, down from 17.2% at the end of the previous fiscal year.」
Net assets decreased by ¥378 million due to the quarterly net loss and dividend payments, while the equity ratio also declined from 17.2% to 16.2%. - FY2019Annual decrease in net assets and flat equity ratioAnnual report
「Net assets at the end of the fiscal year were ¥2,297 million, a decrease of ¥41 million from the end of the previous fiscal year. The equity ratio was 17.2% at fiscal year-end, unchanged from the end of the previous fiscal year.」
Net assets decreased by ¥41 million from the end of the previous fiscal year, while the equity ratio remained flat at 17.2%. - FY2019-Q3WorsenedAnnual report
「Net assets at the end of the third quarter of the current consolidated fiscal year amounted to ¥2,337 million, a decrease of ¥1 million from the end of the previous consolidated fiscal year. The main factors included a ¥29 million increase in retained earnings due to quarterly net profit attributable to owners of the parent of ¥119 million and dividend payments of ¥90 million. The equity ratio at the end of the third quarter of the current consolidated fiscal year was 16.4%, down from 17.2% at the end of the previous consolidated fiscal year.」
Net assets decreased by ¥1 million from the end of the previous fiscal year, while the equity ratio declined from 17.2% to 16.4%. Retained earnings increased by ¥29 million due to quarterly net profit and dividend payments. - FY2019-Q2WorsenedAnnual report
「Net assets at the end of the second quarter of the current consolidated fiscal year amounted to ¥1,600 million, a decrease of ¥738 million from the end of the previous consolidated fiscal year. The main factors included a ¥711 million decrease in retained earnings due to a quarterly net loss attributable to owners of the parent of ¥621 million and dividend payments of ¥90 million. The equity ratio at the end of the second quarter of the current consolidated fiscal year was 13.4%, down from 17.2% at the end of the previous consolidated fiscal year.」
The quarterly net loss and dividend payments reduced net assets by ¥738 million, while the equity ratio declined from 17.2% to 13.4%. - FY2019-Q1WorsenedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year amounted to ¥1,903 million, a decrease of ¥436 million from the end of the previous consolidated fiscal year. The main factors included a ¥409 million decrease in retained earnings due to a quarterly net loss attributable to owners of the parent of ¥318 million and dividend payments of ¥90 million. The equity ratio at the end of the first quarter of the current consolidated fiscal year was 15.5%, down from 17.2% at the end of the previous consolidated fiscal year.」
The quarterly net loss and dividend payments reduced net assets by ¥436 million, while the equity ratio declined from 17.2% to 15.5%. - FY2018Annual decrease in net assets and increase in equity ratioAnnual report
「Net assets at the end of the current consolidated fiscal year amounted to ¥2,339 million, a decrease of ¥73 million from the end of the previous consolidated fiscal year. The equity ratio at the end of the current consolidated fiscal year was 17.2%, up from 16.7% at the end of the previous consolidated fiscal year.」
Net assets declined due to the net loss for the period and dividend payments, while the equity ratio rose from 16.7% to 17.2%. - FY2018-Q3MitigatedAnnual report
「Net assets at the end of the third quarter of the current consolidated fiscal year amounted to ¥2,523 million, an increase of ¥110 million from the end of the previous consolidated fiscal year. The main factors included a ¥36 million increase in retained earnings due to a ¥4 million decrease in the valuation difference on other securities resulting from share sales and quarterly net profit attributable to owners of the parent of ¥125 million. The equity ratio at the end of the third quarter of the current consolidated fiscal year was 17.1%, up from 16.7% at the end of the previous consolidated fiscal year.」
Quarterly net profit and other factors increased net assets by ¥110 million from the end of the previous fiscal year, while the equity ratio rose from 16.7% to 17.1%. - FY2018-Q2WorsenedAnnual report
「Net assets at the end of the second quarter of the current consolidated fiscal year amounted to ¥1,666 million, a decrease of ¥746 million from the end of the previous consolidated fiscal year. The main factors included an ¥820 million decrease in retained earnings due to a quarterly net loss attributable to owners of the parent of ¥731 million and dividend payments of ¥88 million. The equity ratio at the end of the second quarter of the current consolidated fiscal year was 12.9%, down from 16.7% at the end of the previous consolidated fiscal year.」
The quarterly net loss and dividend payments reduced net assets by ¥746 million from the end of the previous fiscal year, while the equity ratio declined from 16.7% to 12.9%. - FY2018-Q1WorsenedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year amounted to ¥1,898 million, a decrease of ¥514 million from the end of the previous consolidated fiscal year. The main factors included a ¥508 million decrease in retained earnings due to a quarterly net loss attributable to owners of the parent of ¥419 million and dividend payments of ¥88 million. The equity ratio at the end of the first quarter of the current consolidated fiscal year was 15.7%, down from 16.7% at the end of the previous consolidated fiscal year.」
The quarterly net loss and dividend payments reduced net assets by ¥514 million, while the equity ratio declined from 16.7% to 15.7%. - FY2017WorsenedAnnual report
「Net assets at the end of the current consolidated fiscal year amounted to ¥2,412 million, a decrease of ¥473 million from the end of the previous consolidated fiscal year. The main factors included a net loss attributable to owners of the parent of ¥46 million, dividend payments of ¥68 million, and a ¥295 million increase in treasury shares. The equity ratio at the end of the current consolidated fiscal year was 16.7%, down from 19.5% at the end of the previous consolidated fiscal year.」
Net assets decreased by ¥473 million on a full-year basis, while the equity ratio declined from 19.5% to 16.7%. - FY2017-Q3WorsenedAnnual report
「Net assets at the end of the third quarter of the current consolidated fiscal year amounted to ¥2,116 million, a decrease of ¥769 million from the end of the previous consolidated fiscal year. The main factors included a ¥62 million increase in retained earnings resulting from a ¥754 million increase due to the acquisition of treasury shares, a ¥78 million decrease in the valuation difference on other securities due to share sales, dividend payments of ¥68 million, and quarterly net profit attributable to owners of the parent of ¥130 million. The equity ratio at the end of the third quarter of the current consolidated fiscal year was 14.0%, down from 19.5% at the end of the previous consolidated fiscal year.」
Net assets decreased by ¥769 million from the end of the previous fiscal year, mainly due to the acquisition of treasury shares and other factors, while the equity ratio declined from 19.5% to 14.0%. - FY2017-Q2WorsenedAnnual report
「Net assets at the end of the second quarter of the current consolidated fiscal year amounted to ¥1,992 million, a decrease of ¥893 million from the end of the previous consolidated fiscal year. The main factors included an ¥848 million decrease in retained earnings due to dividend payments of ¥68 million and a quarterly net loss attributable to owners of the parent of ¥780 million. The equity ratio at the end of the second quarter of the current consolidated fiscal year was 15.3%, down from 19.5% at the end of the previous consolidated fiscal year.」
Dividend payments and the quarterly net loss reduced net assets by ¥893 million from the end of the previous fiscal year, while the equity ratio declined from 19.5% to 15.3%. - FY2017-Q1First statedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year amounted to ¥2,436 million, a decrease of ¥449 million from the end of the previous consolidated fiscal fiscal year. The main factors included a ¥440 million decrease in retained earnings due to dividend payments of ¥68 million and a quarterly net loss attributable to owners of the parent of ¥372 million. The equity ratio at the end of the first quarter of the current consolidated fiscal year was 18.9%, down from 19.5% at the end of the previous consolidated fiscal year.」
Dividend payments and the quarterly net loss reduced net assets and retained earnings, while the equity ratio also declined from 19.5% to 18.9%.