Komori
Marche (7524) · FactMitigated

Contraction in Net Assets and Decline in Equity Ratio

First written in FY2023-Q3. 8 of 11 entries say "Mitigated", first in FY2024-Q1. Latest entry: 2026-08-14.

11entries
4years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2024-Q1 – FY2024-Q3WorsenedFY2025-H1MitigatedFY2025 – 2026-08-142023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Decline in Net Assets and Low Equity RatioA theme 15 companies write about · 15 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 6 of 14 companies on the "Worse" side.

3 other companies' latest entry also says "Mitigated".

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 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-14MitigatedEarnings

    「Net assets increased by ¥948,975 thousand to ¥1,650,245 thousand, mainly due to increases of ¥498,000 thousand in capital stock and ¥498,000 thousand in capital reserves resulting from the issuance of new shares through a third-party allotment, as well as the payment of ¥23,200 thousand in dividends.」

    Through the third-party allotment, net assets improved from ¥701 million to ¥1,650 million and the equity ratio improved from 24.5% to 43.8%.
  2. FY2026MitigatedAnnual report

    「Net assets 701,269 Equity ratio 24.5」

    Net assets improved from ¥410,083 thousand at the end of the previous period to ¥701,269 thousand, while the equity ratio improved from 12.0% to 24.5%.
  3. 2026-05-15MitigatedEarnings

    「Net assets increased by ¥291 million to ¥701 million, mainly due to a ¥354 million increase in capital surplus and the payment of ¥23 million in dividends.」

    Net assets improved from ¥410 million to ¥701 million, while the equity ratio improved from 12.0% to 24.5%.
  4. FY2026-H1MitigatedAnnual report

    「Net assets (¥ thousands) 355,083 736,270 410,083 Equity ratio (%) 10.2 24.7 12.0」

    At the end of the current interim accounting period, net assets were ¥736,270 thousand and the equity ratio was 24.7%, an improvement from ¥410,083 thousand and 12.0%, respectively, at the end of the previous fiscal year.
  5. FY2025MitigatedAnnual report

    「Net assets 410,083 Equity ratio 12.0」

    Net assets improved from ¥394,099 thousand at the end of the previous period to ¥410,083 thousand, while the equity ratio improved from 10.3% to 12.0%.
  6. FY2025-H1WorsenedAnnual report

    「Net assets decreased by ¥39,016 thousand to ¥355,083 thousand, mainly due to the recognition of an interim net loss.」

    Due to the recognition of an interim net loss, net assets declined from ¥394,099 thousand at the end of the previous fiscal year to ¥355,083 thousand, and the equity ratio also decreased from 10.3% to 10.2%.
  7. FY2024-Q3MitigatedAnnual report

    「Net assets (¥ thousands) 192,406 425,627 62,346 Equity ratio (%) 4.7 10.7 1.7」

    At the end of the third quarter accounting period, net assets were ¥425,627 thousand and the equity ratio was 10.7%, an improvement from ¥62,346 thousand and 1.7% at the end of the previous fiscal year, and ¥192,406 thousand and 4.7% in the same period of the previous year.
  8. FY2024-Q2MitigatedAnnual report

    「Net assets increased by ¥289,939 thousand to ¥352,285 thousand, mainly because capital surplus decreased by ¥2,330,346 thousand and retained earnings increased by ¥2,616,330 thousand.」

    Net assets improved from ¥62,346 thousand at the end of the previous fiscal year to ¥352,285 thousand, while the equity ratio improved from 1.7% to 9.1%.
  9. FY2024-Q1MitigatedAnnual report

    「Net assets increased by ¥6,660 thousand to ¥69,006 thousand, mainly due to the recognition of quarterly net income.」

    Due to the recognition of quarterly net income, net assets improved slightly from ¥62,346 thousand at the end of the previous fiscal year to ¥69,006 thousand, while the equity ratio improved from 1.7% to 2.0%.
  10. FY2023WorsenedAnnual report

    「Net assets (¥ thousands) 62,346 Equity ratio (%) 1.7」

    At the end of the current fiscal year, net assets were ¥62,346 thousand and the equity ratio was 1.7%, down substantially from ¥650,128 thousand and 16.1%, respectively, at the end of the previous fiscal year.
  11. FY2023-Q3First statedAnnual report

    「Net assets (¥ thousands) 850,543 192,406 650,128 Equity ratio (%) 19.1 4.7 16.1」

    Net assets were ¥192,406 thousand and the equity ratio was 4.7% for the cumulative third quarter period. Both declined from net assets of ¥850,543 thousand and an equity ratio of 19.1% in the same period of the previous year, and ¥650,128 thousand and 16.1%, respectively, at the end of the previous fiscal year.
Moved together

"Creation of a new franchise package to serve as the fourth pillar" moved the same way as this thread, in the same document, in 7 of its 11 moves.

766665★123456
  1. ★This thread
  2. 1Creation of a new franchise package to serve as the fourth pillar7×
  3. 2Reform of the earnings structure of the existing directly operated store model6×
  4. 3Strengthening Customer Satisfaction and Brand Strength through Marketing and QSC6×
  5. 4Increase in Interest-Bearing Debt and Risk of Rising Interest Rates6×
  6. 5Development and rollout of new formats to expand the scale of the business6×
  7. 6Enhancing Store Sales Capabilities through Personnel Recruitment and Training5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Marche yet. It last moved in the Earnings of 2026-08-14: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Contraction in Net Assets and Decline in Equity Ratio | MARCHE CORPORATION (7524) | Komori