Decline in the Equity Ratio
First written in FY2016-Q3. 26 of 36 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-10-15.
Himaraya moved to the "Worse" side of this theme in 2019, 7 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 6 of 20 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「As a result, the equity ratio stood at 45.1% (47.1% at the end of the previous fiscal year).」
The equity ratio declined from 47.1% at the end of the previous fiscal year to 45.1%. - FY2025WorsenedAnnual report
「As a result, the equity ratio stood at 47.1% (47.4% at the end of the previous fiscal year).」
The equity ratio edged down from 47.4% at the end of the previous period to 47.1%. - FY2025-H1WorsenedAnnual report
「As a result, the equity ratio stood at 44.2% (47.4% at the end of the previous fiscal year).」
The equity ratio declined from 47.4% at the end of the previous fiscal year to 44.2%. - FY2024-Q3WorsenedAnnual report
「As a result, the equity ratio stood at 39.4% (46.7% at the end of the previous fiscal year).」
The equity ratio declined from 46.7% at the end of the previous fiscal year to 39.4%. - FY2024-Q2WorsenedAnnual report
「As a result, the equity ratio stood at 45.2% (46.7% at the end of the previous fiscal year).」
The equity ratio declined from 46.7% at the end of the previous fiscal year to 45.2%. - FY2024-Q1WorsenedAnnual report
「As a result, the equity ratio stood at 39.2% (46.7% at the end of the previous fiscal year).」
The equity ratio declined from 46.7% at the end of the previous fiscal year to 39.2%. - FY2023MitigatedAnnual report
「As a result, the equity ratio stood at 46.7% (42.3% at the end of the previous fiscal year).」
The equity ratio rose from 42.3% at the end of the previous period to 46.7%, improving the indicator of financial strength. - FY2023-Q2MitigatedAnnual report
「As a result, the equity ratio stood at 45.1% (42.3% at the end of the previous fiscal year).」
The equity ratio rose from 42.3% at the end of the previous fiscal year to 45.1%, improving the declining trend in the equity ratio. - FY2023-Q1WorsenedAnnual report
「As a result, the equity ratio stood at 38.2% (42.3% at the end of the previous fiscal year).」
The equity ratio declined from 42.3% at the end of the previous fiscal year to 38.2%. - FY2022MitigatedAnnual report
「As a result, the equity ratio stood at 42.3% (37.8% at the end of the previous fiscal year).」
The equity ratio rose from 37.8% at the end of the previous period to 42.3%, improving the declining trend seen through the previous period. - FY2022-Q3WorsenedAnnual report
「As a result, the equity ratio stood at 37.3% (37.8% at the end of the previous fiscal year).」
The equity ratio declined from 37.8% at the end of the previous fiscal year to 37.3%. - FY2022-Q2MitigatedAnnual report
「As a result, the equity ratio stood at 39.4% (37.8% at the end of the previous fiscal year).」
The equity ratio rose from 37.8% at the end of the previous fiscal year to 39.4%. - FY2022-Q1WorsenedAnnual report
「As a result, the equity ratio stood at 36.5% (37.8% at the end of the previous fiscal year).」
The equity ratio declined from 37.8% at the end of the previous fiscal year to 36.5%. - FY2021MitigatedAnnual report
「As a result, the equity ratio stood at 37.8% (36.5% at the end of the previous fiscal year).」
The equity ratio rose from 36.5% at the end of the previous period to 37.8%, bringing the declining trend to a pause. - FY2021-Q3WorsenedAnnual report
「As a result, the equity ratio stood at 33.7% (36.5% at the end of the previous fiscal year).」
The equity ratio declined from 36.5% at the end of the previous fiscal year to 33.7%. - FY2021-Q2WorsenedAnnual report
「As a result, the equity ratio stood at 35.5% (36.5% at the end of the previous fiscal year).」
The equity ratio declined from 36.5% at the end of the previous fiscal year to 35.5%. - FY2021-Q1WorsenedAnnual report
「As a result, the equity ratio stood at 32.8% (36.5% at the end of the previous fiscal year).」
The equity ratio declined from 36.5% at the end of the previous fiscal year to 32.8%. - FY2020WorsenedAnnual report
「As a result, the equity ratio stood at 36.5% (43.9% at the end of the previous fiscal year).」
The equity ratio declined from 43.9% at the end of the previous fiscal year to 36.5%. - FY2020-Q3WorsenedAnnual report
「As a result, the equity ratio stood at 33.6% (43.9% at the end of the previous fiscal year).」
The equity ratio declined from 43.9% at the end of the previous fiscal year to 33.6%, also down from 40.7% in the previous quarter. - FY2020-Q2WorsenedAnnual report
「As a result, the equity ratio stood at 40.7% (43.9% at the end of the previous fiscal year).」
The equity ratio declined from 43.9% at the end of the previous fiscal year to 40.7%. - FY2020-Q1WorsenedAnnual report
「As a result, the equity ratio stood at 36.8% (43.9% at the end of the previous fiscal year).」
The equity ratio declined from 43.9% at the end of the previous fiscal year to 36.8%. - FY2019-Q3WorsenedAnnual report
「As a result, the equity ratio stood at 37.2% (41.3% at the end of the previous fiscal year).」
The equity ratio declined from 41.3% at the end of the previous fiscal year to 37.2%. - FY2019-Q2WorsenedAnnual report
「As a result, the equity ratio stood at 40.0% (41.3% at the end of the previous fiscal year).」
The equity ratio declined from 41.3% at the end of the previous fiscal year to 40.0%. - FY2019-Q1WorsenedAnnual report
「As a result, the equity ratio stood at 35.3% (41.3% at the end of the previous fiscal year).」
The equity ratio declined from 41.3% at the end of the previous fiscal year to 35.3%. - FY2018MitigatedAnnual report
「As a result, the equity ratio stood at 41.3% (36.9% at the end of the previous fiscal year).」
The equity ratio rose from 36.9% at the end of the previous fiscal year to 41.3%. - FY2018-Q3WorsenedAnnual report
「As a result, the equity ratio stood at 34.8% (36.9% at the end of the previous fiscal year).」
The equity ratio declined from 36.9% at the end of the previous fiscal year to 34.8%. - FY2018-Q2MitigatedAnnual report
「As a result, the equity ratio stood at 37.8% (36.9% at the end of the previous fiscal year).」
The equity ratio rose from 36.9% at the end of the previous fiscal year to 37.8%. - FY2018-Q1WorsenedAnnual report
「As a result, the equity ratio stood at 32.0% (36.9% at the end of the previous fiscal year).」
The equity ratio declined from 36.9% at the end of the previous fiscal year to 32.0%. - FY2017MitigatedAnnual report
「As a result, the equity ratio stood at 36.9% (35.4% at the end of the previous fiscal year).」
The equity ratio rose from 30.7% in the third quarter to 36.9%, exceeding the 35.4% recorded at the end of the previous fiscal year. - FY2017-Q3WorsenedAnnual report
「As a result, the equity ratio stood at 30.7% (35.4% at the end of the previous fiscal year).」
The equity ratio declined from 32.8% in the previous second-quarter report to 30.7%, falling below the 35.4% recorded at the end of the previous fiscal year. - FY2017-Q2Recovered from the previous quarter but remained below the end of the previous fiscal yearAnnual report
「As a result, the equity ratio stood at 32.8% (35.4% at the end of the previous fiscal year).」
The equity ratio rose from 28.8% in the previous first-quarter report to 32.8%, but remained below the 35.4% recorded at the end of the previous fiscal year. - FY2017-Q1WorsenedAnnual report
「As a result, the equity ratio was 28.8%, compared with 35.4% at the end of the previous consolidated fiscal year.」
The equity ratio declined from 35.4% at the end of the previous fiscal year to 28.8%. - FY2016-Q3First statedAnnual report
「As a result, the equity ratio was 30.5%, compared with 38.4% at the end of the previous consolidated fiscal year.」
The equity ratio declined from 38.4% at the end of the previous consolidated fiscal year to 30.5%.