Komori
R.C.Core (7837) · TargetWorsened

Financial structure targeting a shareholders’ equity ratio of approximately 50%

First written in FY2016. 16 of 35 entries say "Worsened", first in FY2019. Latest entry: 2026-08-12.

35entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2019-Q3WorsenedFY2022-Q2 – FY2023OtherFY2025-H1 – FY2026-H12016: 120162017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 120252026: 32026
Same theme, other companies
Optimal capital structure with a 40–50% equity ratio as a benchmarkA theme 46 companies write about · 2 as a headwind · 43 as a tailwind

R.C.Core moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).

The whole theme swung hardest in 2019: 3 of 22 companies on the "Worse" side.

5 other companies' latest entry also says "Worsened".

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 46 companies compared. The sentences above are computed from all 46.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-12WorsenedEarnings

    「As a result, the equity ratio was 24.7%.」

    The equity ratio fell from 28.3% at the end of the fiscal year ending March 2026 to 24.7%, widening the gap from the policy target of an equity ratio of approximately 50%.
  2. FY2026WorsenedAnnual report

    「As a result, the equity ratio was 28.3%.」

    The equity ratio declined from 37.0% at the end of the previous fiscal year to 28.3%, widening the gap with the longstanding policy of targeting a shareholders’ equity ratio of around 50%.
  3. 2026-05-15WorsenedRevision of earnings forecasts

    「As a result, the equity ratio was 28.3%.」

    The equity ratio fell from 37.0% at the end of the previous fiscal year to 28.3%, widening the gap from the policy target of an equity ratio of approximately 50%.
  4. FY2026-H1Slight improvement in the equity ratioAnnual report

    「As a result, the equity ratio was 37.8%.」

    The equity ratio improved slightly from 37.0% at the end of the previous consolidated fiscal year to 37.8%. The gap with the policy target of a shareholders’ equity ratio of around 50% remains.
  5. FY2025-H1Slight improvement in the equity ratioAnnual report

    「As a result, the equity ratio was 38.4%.」

    The equity ratio improved slightly from 37.7% at the end of the previous consolidated fiscal year to 38.4%. However, the gap with the policy of targeting a shareholders’ equity ratio of around 50% remains.
  6. FY2024MitigatedAnnual report

    「As a result, the equity ratio was 37.7%.」

    The equity ratio improved substantially from 7.9% at the end of the previous fiscal year to 37.7%. This reflected the recovery in net assets from the gain on the sale of the Daikanyama assets, but the ratio remains below the policy target of a shareholders’ equity ratio of around 50%.
  7. FY2024-Q3Slight improvement in the equity ratioAnnual report

    「As a result, the equity ratio was 42.8%.」

    The equity ratio rose to 42.8%, from 7.9% at the end of the previous consolidated fiscal year and 42.6% at the end of the previous quarter, slightly narrowing the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  8. FY2024-Q2Slight improvement in the equity ratioAnnual report

    「As a result, the equity ratio was 42.6%.」

    The equity ratio was 42.6%, compared with 7.9% at the end of the previous consolidated fiscal year and 42.1% at the end of the previous quarter. The gap with the policy of targeting a shareholders’ equity ratio of around 50% remains, although the ratio improved slightly from the previous quarter.
  9. FY2024-Q1MitigatedAnnual report

    「As a result, the equity ratio was 42.1%.」

    The equity ratio improved substantially from 7.9% at the end of the previous fiscal year to 42.1%. The background was the transfer of the Daikanyama assets, repayment of borrowings and recording of net income for the quarter, narrowing the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  10. FY2023WorsenedAnnual report

    「As a result, the equity ratio was 7.9%. For the fiscal year ending March 2024, the equity ratio is expected to recover as the company sells the Daikanyama assets and repays the associated borrowings in April 2023.」

    The equity ratio declined from 18.2% at the end of the previous fiscal year to 7.9%, further widening the gap with the policy of targeting a shareholders’ equity ratio of around 50%. The expected recovery through the sale of the Daikanyama assets and repayment of borrowings is also stated.
  11. FY2023-Q3WorsenedAnnual report

    「As a result, the equity ratio was 14.4%.」

    The equity ratio declined from 18.2% at the end of the previous consolidated fiscal year to 14.4%, further widening the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  12. FY2023-Q2WorsenedAnnual report

    「The decrease in net assets was due to the recording of a quarterly net loss attributable to owners of the parent of ¥415 million. As a result, the equity ratio was 15.5%.」

    The equity ratio of 15.5% is stated as the level following the decrease in net assets caused by the quarterly net loss of ¥415 million.
  13. FY2023-Q2WorsenedAnnual report

    「As a result, the equity ratio was 15.5%.」

    The equity ratio declined from 18.2% at the end of the previous consolidated fiscal year to 15.5%, further widening the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  14. FY2023-Q1WorsenedAnnual report

    「As a result, the equity ratio was 15.6%.」

    The equity ratio declined from 18.2% at the end of the previous consolidated fiscal year to 15.6%, further widening the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  15. FY2022-Q3WorsenedAnnual report

    「As a result, the equity ratio was 19.5%.」

    The equity ratio declined to 19.5%, from 21.6% at the end of the previous consolidated fiscal year and 21.8% at the end of the previous quarter, further widening the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  16. FY2022-Q2WorsenedAnnual report

    「As a result, the equity ratio was 21.8%.」

    The equity ratio was 21.8%, compared with 21.6% at the end of the previous consolidated fiscal year and 22.2% at the end of the previous quarter. The gap with the policy of targeting a shareholders’ equity ratio of around 50% remains significant.
  17. FY2022-Q1Slight improvement in the equity ratioAnnual report

    「As a result, the equity ratio was 22.2%.」

    The equity ratio improved slightly from 21.6% at the end of the previous consolidated fiscal year to 22.2%. However, the gap with the policy of targeting a shareholders’ equity ratio of around 50% remains significant.
  18. FY2021WorsenedAnnual report

    「As a result, the equity ratio was 21.6%.」

    The equity ratio declined from 28.1% at the end of the previous fiscal year to 21.6%, widening the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  19. FY2021-Q3Slight improvement in the equity ratioAnnual report

    「As a result, the equity ratio was 23.7%.」

    The equity ratio improved slightly to 23.7%, from 28.1% at the end of the previous consolidated fiscal year and 22.7% at the end of the previous quarter. However, the gap with the policy of targeting a shareholders’ equity ratio of around 50% remains.
  20. FY2021-Q2WorsenedAnnual report

    「As a result, the equity ratio was 22.7%.」

    The equity ratio declined from 28.1% at the end of the previous consolidated fiscal year to 22.7%, widening the gap with the policy of targeting a shareholders’ equity ratio of around 50%.
  21. FY2021-Q1WorsenedAnnual report

    「As a result, the equity ratio was 27.3%.」

    The equity ratio declined from 28.1% at the end of the previous consolidated fiscal year to 27.3%. The gap with the policy of targeting a shareholders’ equity ratio of around 50% continues to exist.
  22. FY2020Slight improvement in the equity ratioAnnual report

    「Equity ratio (%) 28.1」

    The equity ratio was 28.1%, down from 32.1% at the end of the previous fiscal year. Although it improved slightly from 27.6% in the third quarter of the 35th fiscal year, the gap with the policy of targeting a shareholders’ equity ratio of around 50% remains.
  23. FY2020-Q3WorsenedAnnual report

    「As a result, the equity ratio was 27.6%.」

    The equity ratio declined from 28.7% previously to 27.6%, worsening the actual result relative to the policy of targeting a shareholders’ equity ratio of around 50%.
  24. FY2020-Q2Improvement in the Equity RatioAnnual report

    「As a result, the equity ratio was 28.7%.」

    The equity ratio fell from 32.1% at the end of the previous fiscal year to 28.7%, but improved from 27.5% at the end of the previous quarter. The actual figure related to the policy of targeting an equity ratio of approximately 50% was updated.
  25. FY2020-Q1WorsenedAnnual report

    「As a result, the equity ratio was 27.5%.」

    The equity ratio fell from 32.1% at the end of the previous fiscal year to 27.5%, further lowering the actual figure related to the policy of targeting an equity ratio of approximately 50%.
  26. FY2019WorsenedAnnual report

    「The company aims to maximize these benefits through expansion of operating locations and other measures, further improve capital efficiency, and establish a sound financial structure with an equity ratio of approximately 50%.」

    While maintaining the policy of targeting an equity ratio of approximately 50%, the consolidated equity ratio fell to 32.1%, further down from 42.4% at the end of the previous fiscal year.
  27. FY2019-Q3Sharp Decline in the Equity RatioAnnual report

    「As a result, the equity ratio was 34.6%.」

    The equity ratio fell from 42.4% at the end of the previous consolidated fiscal year to 34.6%, updating the actual figure related to the policy of targeting an equity ratio of approximately 50%.
  28. FY2019-Q2Decline in the Equity RatioAnnual report

    「As a result, the equity ratio was 40.2%.」

    The equity ratio fell from 42.4% at the end of the previous consolidated fiscal year to 40.2%.
  29. FY2019-Q1Decline in the Equity RatioAnnual report

    「As a result, the equity ratio was 40.6%.」

    The equity ratio fell from 42.4% at the end of the previous consolidated fiscal year to 40.6%.
  30. FY2018Decline in the Equity RatioAnnual report

    「At the end of the consolidated fiscal year, consolidated net sales were ¥13.4 billion, the operating margin was 3.3% and ROE was 7.7%, each slightly below the respective plan, although」

    The consolidated equity ratio was 42.4%, down from 45.9% at the end of the previous fiscal year. The actual figure related to the policy of targeting an equity ratio of approximately 50% was updated.
  31. FY2018-Q3Decline in the Equity RatioAnnual report

    「As a result, the equity ratio was 42.2%.」

    The equity ratio fell to 42.2% from 45.9% at the end of the previous consolidated fiscal year and 42.7% in the previous quarter.
  32. FY2018-Q2Decline in the Equity RatioAnnual report

    「As a result, the equity ratio was 42.7%.」

    The equity ratio fell from 45.9% at the end of the previous consolidated fiscal year to 42.7%.
  33. FY2018-Q1Updated Equity RatioAnnual report

    「As a result, the equity ratio was 45.9%.」

    The equity ratio was reported at 45.9%. It was at roughly the same level as at the end of the previous fiscal year, updating the actual figure related to the previous target of an equity ratio of approximately 50%.
  34. FY2017-Q3Disclosure of the equity ratioAnnual report

    「The equity ratio was 45.2%.」

    The equity ratio at the end of the third quarter was reported at 45.2% in relation to the policy of targeting an equity ratio of approximately 50%.
  35. FY2016First statedAnnual report

    「The company aims to maximize these benefits through expansion of operating locations and other measures, further improve capital efficiency, and establish a sound financial structure with an equity ratio of approximately 50%.」

    The company indicates a strategy of combining growth and financial soundness by leveraging a franchise-based earnings structure.
Moved together

"Demand Fluctuations Driven by Economic Conditions, Interest Rates and Housing Tax Policy" moved the same way as this thread, in the same document, in 10 of its 34 moves.

10107555★123456
  1. ★This thread
  2. 1Demand Fluctuations Driven by Economic Conditions, Interest Rates and Housing Tax Policy10×
  3. 2Decline in visitor traffic to showrooms following the reorganization of sales companies10×
  4. 3Costs and profitability risks associated with taking over the locations of a financially distressed distributor7×
  5. 4Achieving operating profit through business turnaround5×
  6. 5Impairment of Fixed Assets5×
  7. 6Volatility in Timber Prices and Import Costs5×

★ 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 R.C.Core yet. It last moved in the Earnings of 2026-08-12: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Financial structure targeting a shareholders’ equity ratio of approximately 50% | R.C.CORE CO.,LTD. (7837) | Komori