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Hasegawa (8230) · TargetReframedLatest Earnings (2026-08-12): "Other"

Improving ROA, revenue growth rate, and equity ratio

First written in FY2016. 15 of 35 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-12.

35entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2020-Q3 – FY2022-Q1AdvancedFY2022-Q2 – FY2023-Q3OtherFY2024 – FY2026-H12016: 120162017: 420172018: 420182019: 420192020: 320202021: 420212022: 420222023: 420232024: 320242025: 120252026: 32026
Same theme, other companies
Improving Profitability and Capital Efficiency through Operating Profit Margin, ROA, and ROEA theme 49 companies write about · 1 as a headwind · 49 as a tailwind

Hasegawa moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).

The whole theme swung hardest in 2019: 6 of 37 companies on the "Worse" side.

11 other companies' latest entry also says "Other".

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 49 companies compared. The sentences above are computed from all 49.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-12OtherEarnings

    「当第1四半期連結会計期間末においては、自己資本比率は59.1%(前連結会計年度末は60.2%)となりました。」

    自己資本比率が前連結会計年度末の60.2%から59.1%へ低下した。
  2. FY2026ReframedAnnual report

    「The Group aims to grow new businesses following its Buddhist altar and fittings and gravestone businesses, while improving productivity through store-model reforms and business digitalisation. It has set targets for ROE, the revenue growth rate, the operating margin on revenue and the equity ratio as its key management indicators, and aims to improve each indicator.」

    The indicator composition was changed from the former ROA to ROE and the operating margin on revenue, and new businesses, store reforms and business digitalisation were explicitly identified as means of improving the indicators. ROE fell from 7.2% to 2.3%, the revenue growth rate was 99.5%, the operating margin fell from 5.7% to 3.7%, and the equity ratio fell from 63.0% to 60.2%.
  3. 2026-05-14WorsenedEarnings

    「2026年3月期 営業利益772百万円 自己資本当期純利益率2.3% 総資産経常利益率3.4% 売上高営業利益率3.7%」

    当期の営業利益、ROE、総資産経常利益率、売上高営業利益率が前期から低下した。
  4. FY2026-H1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「As of the end of the interim consolidated accounting period, the equity ratio was 60.7% (63.0% at the end of the previous consolidated fiscal year).」

    The equity ratio, a key management indicator, declined from 63.0% at the end of the previous consolidated fiscal year to 60.7%.
  5. FY2025-H1Equity ratio declinedAnnual report

    「As of the end of the interim accounting period, the equity ratio was 61.2% (65.9% at the end of the previous fiscal year).」

    The equity ratio, a key management indicator, declined from 65.9% at the end of the previous fiscal year to 61.2%.
  6. FY2024Earnings indicators down, equity ratio upAnnual report

    「ROA (%) 3.9 6.3 5.8 Revenue growth rate (%) 110.8 109.6 98.6 Equity ratio (%) 53.8 60.1 65.9」

    In the 58th fiscal year, ROA declined from 6.3% to 5.8% and the revenue growth rate from 109.6% to 98.6%, while the equity ratio rose from 60.1% to 65.9%.
  7. FY2024-Q3AdvancedAnnual report

    「As of the end of the third quarter, the equity ratio was 64.0% (60.1% at the end of the previous fiscal year).」

    The equity ratio, a key management indicator, rose from 60.1% at the end of the previous fiscal year to 64.0%.
  8. FY2024-Q2AdvancedAnnual report

    「As of the end of the second quarter, the equity ratio was 62.6% (60.1% at the end of the previous fiscal year).」

    The equity ratio, a key management indicator, rose from 60.1% at the end of the previous fiscal year to 62.6%.
  9. FY2024-Q1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「As of the end of the first quarter, the equity ratio was 59.8% (60.1% at the end of the previous fiscal year).」

    The equity ratio, a key management indicator, declined from 60.1% at the end of the previous fiscal year to 59.8%.
  10. FY2023ROA and the equity ratio improved, while the revenue growth rate declined.Annual report

    「ROA (%) 0.8 3.9 6.3 Revenue growth rate (%) 99.5 110.8 109.6 Equity ratio (%) 52.0 53.8 60.1」

    In the 57th fiscal year, ROA improved from 3.9% to 6.3% and the equity ratio from 53.8% to 60.1%, while the revenue growth rate declined from 110.8% to 109.6%.
  11. FY2023-Q3AdvancedAnnual report

    「As of the end of the third quarter, the equity ratio was 59.9% (53.8% at the end of the previous fiscal year).」

    The equity ratio, a key management indicator, rose from 53.8% at the end of the previous fiscal year to 59.9%.
  12. FY2023-Q2AdvancedAnnual report

    「As of the end of the second quarter, the equity ratio was 58.6% (53.8% at the end of the previous fiscal year).」

    The equity ratio, a key management indicator, rose from 53.8% at the end of the previous fiscal year to 58.6%.
  13. FY2023-Q1AdvancedAnnual report

    「As of the end of the first quarter, the equity ratio was 55.2% (53.8% at the end of the previous fiscal year).」

    The equity ratio, a key management indicator, rose from 53.8% at the end of the previous fiscal year to 55.2%.
  14. FY2022AdvancedAnnual report

    「ROA (%) - 1.2 3.9 Revenue growth rate (%) - 99.6 111.0 Equity ratio (%) 52.7 51.9 53.9」

    On a consolidated basis, ROA improved from 1.2% to 3.9%, the revenue growth rate improved from 99.6% to 111.0%, and the equity ratio improved from 51.9% to 53.9%.
  15. FY2022-Q3AdvancedAnnual report

    「At the end of the third quarter of the current consolidated fiscal year, the equity ratio was 54.9%, compared with 51.9% at the end of the previous consolidated fiscal year.」

    The equity ratio, a principal management indicator, rose from 51.9% at the end of the previous consolidated fiscal year to 54.9%.
  16. FY2022-Q2AdvancedAnnual report

    「At the end of the second quarter of the current consolidated fiscal year, the equity ratio was 55.0%, compared with 51.9% at the end of the previous consolidated fiscal year.」

    The equity ratio, a principal management indicator, rose from 51.9% at the end of the previous consolidated fiscal year to 55.0%.
  17. FY2022-Q1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「At the end of the first quarter of the current consolidated fiscal year, the equity ratio was 51.3%, compared with 51.9% at the end of the previous consolidated fiscal year.」

    The equity ratio, a principal management indicator, declined from 51.9% at the end of the previous consolidated fiscal year to 51.3%.
  18. FY2021Earnings indicators improved, but equity ratio declinedAnnual report

    「ROA (%) - 1.2 Revenue growth rate (%) - 99.6 Equity ratio (%) 52.7 51.9」

    On a consolidated basis, ROA was 1.2% and the revenue growth rate was 99.6%, while the equity ratio declined from 52.7% at the end of the previous fiscal year to 51.9%.
  19. FY2021-Q3The equity ratio declined from the end of the previous fiscal yearAnnual report

    「Our group has set the equity ratio as a principal management performance target and is working to strengthen its financial position. At the end of the third quarter of the current consolidated fiscal year, the equity ratio was 52.5%, compared with 52.7% at the end of the previous consolidated fiscal year, due in part to the recording of quarterly net income attributable to owners of the parent and a decrease in long-term borrowings.」

    The equity ratio declined from 52.7% at the end of the previous consolidated fiscal year to 52.5%.
  20. FY2021-Q2The equity ratio declined from the end of the previous fiscal yearAnnual report

    「At the end of the second quarter of the current consolidated fiscal year, the equity ratio was 50.8%, compared with 52.7% at the end of the previous consolidated fiscal year, due in part to the raising of working capital following the government’s declaration of a state of emergency in response to the spread of COVID-19.」

    The equity ratio declined from 52.7% at the end of the previous consolidated fiscal year to 50.8%.
  21. FY2021-Q1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「Our group has set the equity ratio as a principal management performance target and is working to strengthen its financial position. At the end of the first quarter of the current consolidated fiscal year, the equity ratio was 47.7%, compared with 52.7% at the end of the previous consolidated fiscal year, due in part to the raising of working capital following the government’s declaration of a state of emergency in response to the spread of COVID-19.」

    The equity ratio, a principal management indicator, declined from 52.7% at the end of the previous fiscal year to 47.7%, due in part to the raising of working capital.
  22. FY2020-Q3Equity ratio declined from the previous quarterAnnual report

    「Equity ratio (%) 56.5」

    The equity ratio declined from 57.4% at the end of the second quarter of the previous fiscal year to 56.5%.
  23. FY2020-Q2AdvancedAnnual report

    「Equity ratio (%) 57.4」

    The equity ratio rose from 57.0% at the end of the previous quarter to 57.4%, indicating progress toward improvement in a principal management indicator.
  24. FY2020-Q1RestatedAnnual report

    「Equity ratio (%) 57.0」

    The equity ratio at the end of the first quarter was disclosed as 57.0%. No comparative information was provided, representing continued disclosure of the target indicator.
  25. FY2019Earnings indicators down, equity ratio upAnnual report

    「ROA (%) 2.2 3.2 0.8 Revenue growth rate (%) 99.9 100.2 97.9 Equity ratio (%) 54.7 60.0 64.1」

    In the 53rd fiscal year, ROA declined from 3.2% to 0.8% and the revenue growth rate declined from 100.2% to 97.9%, while the equity ratio rose from 60.0% to 64.1%. Progress among the three indicators was mixed.
  26. FY2019-Q3AdvancedAnnual report

    「Equity ratio (%) 58.5 62.7 60.0」

    The equity ratio at the end of the third quarter was 62.7%, exceeding both 60.0% at the end of the previous fiscal year and 58.5% at the end of the third quarter of the previous fiscal year.
  27. FY2019-Q2AdvancedAnnual report

    「Equity ratio (%) 58.7 62.5 60.0」

    The equity ratio at the end of the second quarter was 62.5%, up from 60.0% at the end of the previous fiscal year.
  28. FY2019-Q1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「Equity ratio (%) 53.0 57.0 60.0」

    The equity ratio at the end of the first quarter was 57.0%, down from 60.0% at the end of the previous fiscal year.
  29. FY2018AdvancedAnnual report

    「By strengthening our businesses centered on the sale of Buddhist altars and altar fittings, tombstones, and indoor cemeteries, we have set ROA, revenue growth rate, and equity ratio as our principal management performance targets and aim to improve each indicator. ROA (%) 2.0 2.2 3.2 Revenue growth rate (%) 100.4 99.9 100.2 Equity ratio (%) 50.9 54.7 60.0」

    In the 52nd fiscal year, ROA was 3.2%, the revenue growth rate was 100.2%, and the equity ratio was 60.0%, with all three indicators improving from the previous fiscal year.
  30. FY2018-Q3Equity ratio slightly lower quarter on quarter but higher than at the previous fiscal year-endAnnual report

    「Regarding our financial position, at the end of the third quarter, total assets decreased by ¥626 million from the end of the previous fiscal year to ¥17,286 million, total liabilities decreased by ¥922 million to ¥7,101 million, and net assets increased by ¥296 million to ¥10,184 million. The equity ratio was 58.5%.」

    The equity ratio declined from 58.7% at the end of the second quarter to 58.5%, but remained above the 54.7% recorded at the end of the previous fiscal year.
  31. FY2018-Q2AdvancedAnnual report

    「Regarding our financial position, at the end of the second quarter, total assets decreased by ¥663 million from the end of the previous fiscal year to ¥17,250 million, total liabilities decreased by ¥976 million to ¥7,047 million, and net assets increased by ¥313 million to ¥10,202 million. The equity ratio was 58.7%.」

    The equity ratio rose from 54.7% at the end of the previous fiscal year to 58.7%, indicating progress in improving a principal management indicator.
  32. FY2018-Q1The equity ratio declined from the end of the previous fiscal yearAnnual report

    「Regarding our financial position, at the end of the first quarter, total assets increased by ¥165 million from the end of the previous fiscal year to ¥18,079 million, total liabilities increased by ¥392 million to ¥8,417 million, and net assets decreased by ¥226 million to ¥9,661 million. The equity ratio was 53.0%.」

    The equity ratio, one of the principal management indicators, declined from 54.7% at the end of the previous fiscal year to 53.0%.
  33. FY2017AdvancedAnnual report

    「As a result, the equity ratio was 54.7%, compared with 50.9% at the end of the previous fiscal year.」

    The equity ratio, one of the principal management indicators, rose from 50.9% to 54.7%.
  34. FY2017-Q3AdvancedAnnual report

    「The equity ratio was 52.0%.」

    The equity ratio rose from 50.9% at the end of the previous fiscal year to 52.0%, demonstrating measurable progress toward improving the target indicator.
  35. FY2016First statedAnnual report

    「By strengthening our businesses centered on the sale of Buddhist altars and altar fittings, tombstones, and indoor cemeteries, we have set ROA, revenue growth rate, and equity ratio as our principal management performance targets and aim to improve each indicator.」

    Set the three indicators as principal target indicators without specifying numerical targets themselves.
Moved together

"Opening new-style stores and renovating existing stores near customer traffic flows" moved the same way as this thread, in the same document, in 10 of its 35 moves.

1098876★123456
  1. ★This thread
  2. 1Opening new-style stores and renovating existing stores near customer traffic flows10×
  3. 2Reliance on Interest-Bearing Debt and Interest Rate Movements Associated with Growth Investment9×
  4. 3Comprehensive proposals through existing-store transformation and synergies among businesses8×
  5. 4Proposing a lifestyle culture of prayer and gratitude through new food-related businesses8×
  6. 5Investment in New Stores, Renovation of Existing Stores and System Development7×
  7. 6Product and service development aligned with changing customer needs6×

★ 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
Hasegawa's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Earnings of 2026-08-12: "Other".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving ROA, revenue growth rate, and equity ratio | HASEGAWA CO.,LTD. (8230) | Komori