Management focused on the equity ratio, current ratio and ordinary profit margin on net sales
First written in FY2017. 2 of 29 entries say "Reframed", first in FY2024. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1Higher equity ratioAnnual report
「Equity ratio (%) 51.9 55.4 52.4」
The equity ratio was 55.4%, exceeding 51.9% in the same period of the previous year and 52.4% at the end of the previous consolidated fiscal year. - FY2026RaisedAnnual report
「Pursue higher ROE through management control using segment-level ROIC and other metrics. The near-term target for ROE is 8% or higher. The dividend policy will be gradually raised toward a target payout ratio of 40%.」
The company incorporated into its financial strategy a target of ROE of 8% or higher through management control using ROIC, as well as a gradual increase toward a target payout ratio of 40%. - FY2026-H1Improvement in the Equity RatioAnnual report
「Equity ratio (%) 50.5 51.9 49.3」
The equity ratio was 51.9%, exceeding 50.5% in the same period of the previous year and 49.3% at the end of the previous consolidated fiscal year. - FY2025ReframedAnnual report
「⑥ Pursue higher corporate value through management focused on capital efficiency, including return on invested capital (ROIC) and return on equity (ROE).」
In addition to managing the equity ratio, current ratio, operating profit margin and ROE, the company explicitly identified management focused on capital efficiency, including ROIC, as a key priority of its long-term management policy. - FY2025-H1Improvement in the Equity RatioAnnual report
「Equity ratio (%) 46.9 50.5 46.5」
At the end of the interim period, the equity ratio was 50.5%, exceeding 46.9% in the same period of the previous year and 46.5% at the end of the previous consolidated fiscal year. - FY2024ReframedAnnual report
「From the perspective of maintaining sound management and improving profitability, the Group regards the equity ratio and current ratio as key management indicators of stability, and the operating profit margin and return on equity (ROE) as key management indicators of profitability. The Group will place emphasis on business stability and pursue highly efficient management capable of meeting shareholders’ expectations.」
The company changed from its previous framework of focusing on the equity ratio, current ratio and ordinary profit margin on net sales to a framework focused on the operating profit margin and ROE. FY2024 results were an equity ratio of 46.5%, a current ratio of 148.8%, an operating profit margin of 2.7% and ROE of 7.0%. - FY2024-Q3Continued improvement in the equity ratioAnnual report
「Equity ratio (%) 44.6 45.3 44.6」
At the end of the third quarter, the equity ratio was 45.3%, exceeding 44.6% in both the same period of the previous year and at the end of the previous consolidated fiscal year. - FY2024-Q2Continued improvement in the equity ratioAnnual report
「Equity ratio 46.8 46.9 44.6」
At the end of the second quarter, the equity ratio was 46.9%, exceeding 46.8% in the same period of the previous year and 44.6% at the end of the previous consolidated fiscal year. - FY2024-Q1Improvement in the Equity RatioAnnual report
「Equity ratio (%) 45.9 46.6 44.6」
At the end of the first quarter, the equity ratio was 46.6%, exceeding 45.9% in the same period of the previous year and 44.6% at the end of the previous consolidated fiscal year. - FY2023Equity ratio and current ratio improved, while profit margin deterioratedAnnual report
「For the consolidated fiscal year, the equity ratio was 44.6% (up 0.7 percentage points year on year), the current ratio was 143.2% (up 8.4 percentage points year on year), and the ordinary profit margin on net sales was 3.0% (down 0.1 percentage points year on year).」
Of the 3 key indicators, the equity ratio and current ratio improved, while the ordinary profit margin on net sales deteriorated. - FY2023-Q3Equity ratio improved year on year and from the previous fiscal year-endAnnual report
「Equity ratio (%) 43.5 44.6 43.9」
At the end of the third quarter, the equity ratio was 44.6%, exceeding 43.5% in the same period of the previous year and 43.9% at the end of the previous consolidated fiscal year. - FY2023-Q2Continued improvement in the equity ratioAnnual report
「Equity ratio 46.1 46.8 43.9」
At the end of the second quarter, the equity ratio was 46.8%, exceeding 46.1% in the same period of the previous year and 43.9% at the end of the previous consolidated fiscal year. - FY2023-Q1Declined year on year but improved from the previous fiscal year-endAnnual report
「Equity ratio (%) 46.6 45.9 43.9」
The equity ratio declined from 46.6% in the same period of the previous year to 45.9%, but exceeded 43.9% at the end of the previous consolidated fiscal year. - FY2022-Q3Equity ratio improved year on year but declined from the previous fiscal year-endAnnual report
「Equity ratio (%) 42.8 43.5 44.3」
The equity ratio improved from 42.8% in the same period of the previous year to 43.5%, but remained below 44.3% at the end of the previous consolidated fiscal year. - FY2022-Q2Continued improvement in the equity ratioAnnual report
「Equity ratio 44.9 46.1 44.3」
At the end of the second quarter, the equity ratio was 46.1%, exceeding 44.9% in the same period of the previous year and 44.3% at the end of the previous consolidated fiscal year. - FY2021All 3 indicators improvedAnnual report
「For the consolidated fiscal year, the equity ratio was 44.3% (up 0.5 percentage points year on year), the current ratio was 142.4% (up 4.2 percentage points year on year), and the ordinary profit margin on net sales was 3.2% (up 0.6 percentage points year on year).」
All 3 key indicators, the equity ratio, current ratio and ordinary profit margin on net sales, improved from the previous fiscal year. - FY2021-Q3Improvement in the equity ratio year on yearAnnual report
「Equity ratio (%) 41.0 42.8 43.8」
The equity ratio improved from 41.0% in the same period of the previous year to 42.8%, but remained below 43.8% at the end of the previous consolidated fiscal year. - FY2021-Q2Improvement in the Equity RatioAnnual report
「Equity ratio (%) 42.0 44.9 43.8」
The equity ratio was 44.9%, exceeding 42.0% in the same period of the previous year and 43.8% at the end of the previous consolidated fiscal year. - FY2021-Q1Improvement in the Equity RatioAnnual report
「Equity ratio (%) 43.2 46.0 43.8」
At the end of the first quarter, the equity ratio was 46.0%, exceeding 43.2% in the same period of the previous year and 43.8% at the end of the previous consolidated fiscal year. - FY2020-Q3Continued decline in the equity ratioAnnual report
「Equity ratio (%) 41.8 41.0 42.8」
At the end of the third quarter, the equity ratio was 41.0%, below 41.8% in the same period of the previous year and 42.8% at the end of the previous consolidated fiscal year. - FY2020-Q2Decline in equity ratioAnnual report
「Equity ratio (%) 43.5 42.0 42.8」
At the end of the second quarter, the equity ratio was 42.0%, below 43.5% in the same period of the previous year and 42.8% at the end of the previous consolidated fiscal year. - FY2020-Q1Decline in equity ratioAnnual report
「Equity ratio (%) 43.5 43.2 42.8」
At the end of the first quarter, the equity ratio was 43.2%, below 43.5% in the same period of the previous year but above 42.8% at the end of the previous consolidated fiscal year. - FY2019Equity ratio and current ratio improved, while profit margin deterioratedAnnual report
「For the consolidated fiscal year, the equity ratio was 42.8% (up 0.4 percentage points year on year), the current ratio was 134.3% (up 4.4 percentage points year on year), and the ordinary profit margin on net sales was 2.3% (down 0.1 percentage points year on year).」
The equity ratio and current ratio improved, while the ordinary profit margin on net sales deteriorated. - FY2019-Q3Continued improvement in the equity ratioAnnual report
「Equity ratio (%) 39.8 41.8 42.3」
At the end of the third quarter, the equity ratio was 41.8%, exceeding 39.8% in the same period of the previous year. However, it was below the 42.3% recorded at the end of the previous consolidated fiscal year. - FY2019-Q1Improvement in the Equity RatioAnnual report
「Equity ratio (%) 42.5 43.5 42.3」
At the end of the first quarter, the equity ratio was 43.5%, exceeding 42.5% in the same period of the previous year and 42.3% at the end of the previous consolidated fiscal year. - FY2018Disclosure of management indicator resultsAnnual report
「For the consolidated fiscal year, the equity ratio was 42.3% (up 1.4 percentage points year on year), the current ratio was 130.7% (up 10.3 percentage points year on year), and the ordinary profit margin on net sales was 2.4% (down 0.4 percentage points year on year).」
The company disclosed current-year results for the three key indicators, with the equity ratio and current ratio improving and the ordinary profit margin on net sales deteriorating. - FY2017First statedAnnual report
「From the perspective of maintaining sound management and improving profitability, the Group regards the equity ratio and current ratio as key management indicators of stability, and the ordinary profit margin on net sales as a key management indicator of profitability. The Group will place emphasis on business stability and pursue highly efficient management capable of meeting shareholders’ expectations.」
The company explicitly identified three indicators measuring stability and profitability as key management indicators for the first time.