Management with ROE improvement as a performance metric
First written in FY2017. 4 of 9 entries say "Advanced", first in FY2018. Latest entry: FY2026.
Okamoto Glass moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
16 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Return on equity (%) 15.2 6.0 5.1 △6.7」
Return on equity declined from 5.1% in the previous fiscal year to negative 6.7% in the current fiscal year, a movement contrary to the theme of using ROE improvement as a performance measure. - FY2025WorsenedAnnual report
「Return on equity (%) △50.7 △6.8 15.2 6.0 5.1」
Return on equity declined from 6.0% in the previous fiscal year to 5.1% in the current fiscal year, a numerical movement contrary to the theme of using ROE improvement as a performance measure. - FY2024WorsenedAnnual report
「Return on equity (%) △ 9.1 △ 50.7 △ 6.8 15.2 6.0」
Consolidated return on equity declined from 15.2% in the previous fiscal year to 6.0% in the current fiscal year. The figure moved contrary to the theme of using ROE improvement as a performance measure. - FY2023AdvancedAnnual report
「Return on equity (%) 8.0 △9.1 △50.7 △6.8 15.2」
Consolidated return on equity increased from negative 6.8% in the previous fiscal year to 15.2% in the current fiscal year, indicating numerical progress in management focused on ROE as a performance measure. - FY2022AdvancedAnnual report
「Return on equity (%) 4.7 8.0 △9.1 △50.7 △6.8」
Consolidated ROE improved from negative 50.7% in the previous fiscal year to negative 6.8%. However, it remained negative, and the achievement of the ROE improvement target is not stated. - FY2020WorsenedAnnual report
「Return on equity (%) △ 10.1 3.2 4.7 8.0 △ 9.1」
Return on equity declined from 8.0% in the previous fiscal year to negative 9.1% in the current fiscal year, a numerical movement away from the target of improving ROE. - FY2019AdvancedAnnual report
「Return on equity (%) 11.5 △10.1 3.2 4.7 8.0」
Return on equity increased from 4.7% in the previous fiscal year to 8.0%, indicating numerical progress toward the management target of improving ROE. - FY2018AdvancedAnnual report
「Return on equity (%) △45.5 11.5 △10.1 3.2 4.7」
Return on equity increased from 3.2% in the previous fiscal year to 4.7% in the current fiscal year, indicating numerical progress toward the management target of improving ROE. - FY2017First statedAnnual report
「We use ROE (return on equity) as a management indicator and one measure of performance, and aim to improve it.」
The company explicitly identifies ROE as a management indicator and sets improvement in ROE as a target.