Komori
Wadakohsan (8931) · TargetDecline in the Equity Ratio

Strengthening Equity and Improving ROE

First written in FY2018. 4 of 28 entries say "Worsened", first in FY2021. Latest entry: FY2027-H1.

28entries
9years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2020-Q1 – FY2021-Q3OtherFY2023-Q1 – FY2024-Q3OtherFY2025-H1 – FY2026-H12018: 120182019: 320192020: 220202021: 420212022: 420222023: 420232024: 320242025: 220252026: 52026
Same theme, other companies
ROE Improvement TargetA theme 254 companies write about · 3 as a headwind · 254 as a tailwind

The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.

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 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 258 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1Decline in the Equity RatioAnnual report

    「Equity ratio (%) 31.0 29.4 30.7」

    The equity ratio was 29.4%, below 31.0% in the same period of the previous year and 30.7% at the end of the previous fiscal year. This filing contains no material change to the target of maintaining ROE at 8%.
  3. FY2026WorsenedAnnual report

    「The minimum ROE level to be maintained is set at 8%, but ROE was 7.8% in the current fiscal year. We will continue to operate the business with the goal of maintaining ROE at 8%.」

    ROE declined from 9.8% in the previous fiscal year to 7.8%, below the minimum level of 8% to be maintained. The target of maintaining ROE at 8% remains unchanged. The equity ratio rose from 29.8% in the previous fiscal year to 30.7%.
  4. 2026-04-10SoftenedEarnings

    「Fiscal year ending February 2026 239.44 — 7.8 3.6 11.8」

    ROE declined from 9.8% in the previous fiscal year to 7.8%, falling below the previously stated minimum level of 8% to be maintained.
  5. FY2026-H1Higher Equity RatioAnnual report

    「Equity ratio (%) 29.7 31.0 29.8」

    The equity ratio was 31.0%, above 29.7% in the same period of the previous year and 29.8% at the end of the previous fiscal year.
  6. FY2025ROE up, equity ratio downAnnual report

    「The minimum ROE level to be maintained is set at 8%, but ROE rose from 8.9% in the previous fiscal year to 9.8% in the current fiscal year. We will continue to operate the business with the goal of maintaining ROE at 8%.」

    ROE rose from 8.9% to 9.8%, above the minimum level of 8% to be maintained. Meanwhile, the equity ratio declined from 30.3% in the previous fiscal year to 29.8%.
  7. FY2025-H1Decline in the Equity RatioAnnual report

    「Equity ratio (%) 31.5 29.7 30.3」

    The equity ratio was 29.7%, below 31.5% in the same period of the previous year and 30.3% at the end of the previous fiscal year.
  8. FY2024AdvancedAnnual report

    「The minimum ROE level to be maintained is set at 8%, but ROE edged up from 8.6% in the previous fiscal year to 8.9% in the current fiscal year. We will continue to operate the business with the goal of maintaining ROE at 8%.」

    ROE rose from 8.6% in the previous fiscal year to 8.9%, above the minimum level of 8% to be maintained. Meanwhile, the equity ratio declined from 33.2% in the previous fiscal year to 30.3%.
  9. FY2024-Q3Decline in the Equity RatioAnnual report

    「Equity ratio (%) 33.0 31.0 33.2」

    The equity ratio was 31.0%, below 33.0% in the same period of the previous year, 31.5% in the previous quarter and 33.2% at the end of the previous fiscal year.
  10. FY2024-Q2Higher Equity RatioAnnual report

    「Equity ratio (%) 31.2 31.5 33.2」

    The equity ratio was 31.5%, above 31.2% in the same period of the previous year but below 33.2% at the end of the previous fiscal year.
  11. FY2024-Q1Equity ratio up year on year, down from the previous fiscal year-endAnnual report

    「Equity ratio (%) 29.3 30.1 33.2」

    The equity ratio was 30.1%, above 29.3% in the same period of the previous year but below 33.2% at the end of the previous fiscal year.
  12. FY2023Higher Equity Ratio and Lower ROEAnnual report

    「The minimum ROE level to be maintained is set at 8%, but ROE declined from 9.1% in the previous fiscal year to 8.6% in the current fiscal year. This was due to a decline in financial leverage (3.68→3.01), but we will continue to operate the business with the goal of maintaining ROE at 8%.」

    The equity ratio rose from 27.1% in the previous fiscal year to 33.2%, while ROE declined from 9.1% to 8.6%. However, it remains above the minimum ROE level of 8% to be maintained.
  13. FY2023-Q3Higher Equity RatioAnnual report

    「Equity ratio (%) 27.1 33.0 27.1」

    The equity ratio was 33.0%, above 27.1% in the same period of the previous year, 27.1% at the end of the previous fiscal year and 31.2% in the previous quarter.
  14. FY2023-Q2Higher Equity RatioAnnual report

    「Equity ratio (%) 27.2 31.2 27.1」

    The equity ratio was 31.2%, above 27.2% in the same period of the previous year, 27.1% at the end of the previous fiscal year and 29.3% in the previous quarter.
  15. FY2023-Q1Higher Equity RatioAnnual report

    「Equity ratio (%) 27.4 29.3 27.1」

    The equity ratio was 29.3%, above 27.4% in the same period of the previous year and 27.1% at the end of the previous fiscal year.
  16. FY2022AdvancedAnnual report

    「The minimum ROE level to be maintained is set at 8%, but ROE increased from 5.2% in the previous fiscal year to 9.1% in the current fiscal year. As stated in (2) Analysis of Operating Results, this was due to an increase in net income, but we will continue to operate the business with the goal of maintaining ROE at 8%.」

    ROE rose from 5.2% in the previous fiscal year to 9.1%, above the minimum level of 8% to be maintained, exceeding the target level.
  17. FY2022-Q3Equity ratio up year on year, slightly down from the previous quarterAnnual report

    「Equity ratio (%) 25.1 27.1 26.9」

    The equity ratio was 27.1%, above 25.1% in the same period of the previous year and 26.9% at the end of the previous fiscal year. However, it declined slightly from 27.2% in the previous quarter.
  18. FY2022-Q2Higher Equity RatioAnnual report

    「Equity ratio (%) 25.3 27.2 26.9」

    The equity ratio was 27.2%, above 25.3% in the same period of the previous year and 26.9% at the end of the previous fiscal year.
  19. FY2022-Q1Higher Equity RatioAnnual report

    「Equity ratio (%) 25.9 27.4 26.9」

    The equity ratio was 27.4%, above 25.9% in the same period of the previous year and 26.9% at the end of the previous fiscal year.
  20. FY2021WorsenedAnnual report

    「The minimum ROE level to be maintained is set at 8%, but ROE declined from 7.7% in the previous fiscal year to 5.2% in the current fiscal year. As stated in (2) Analysis of Operating Results, this was due to a decline in net income, but we will continue to operate the business with the goal of maintaining ROE at 8%.」

    ROE declined from 7.7% to 5.2%, below the minimum level of 8% to be maintained. The target of maintaining 8% remains unchanged.
  21. FY2021-Q3Decline in the Equity RatioAnnual report

    「Equity ratio (%) 27.4 25.1 26.8」

    The equity ratio was 25.1%, below 27.4% in the same period of the previous year and 26.8% at the end of the previous fiscal year.
  22. FY2021-Q1Up year on year, down from the previous fiscal year-endAnnual report

    「Equity ratio (%) 25.2 25.9 26.8」

    The equity ratio rose to 25.9% from 25.2% in the same period of the previous year, but fell below 26.8% at the end of the previous fiscal year.
  23. FY2020-Q3Recovery in the equity ratioAnnual report

    「Equity ratio (%) 25.6 27.4 26.1」

    The equity ratio was 27.4%, above 25.6% in the same period of the previous year and 26.1% at the end of the previous fiscal year. It also recovered slightly from 26.0% in the previous quarter.
  24. FY2020-Q2Slight recovery in the equity ratio, but down year on yearAnnual report

    「Equity ratio (%) 26.5 26.0 26.1」

    The equity ratio was 26.0%, below 26.5% in the same period of the previous year and 26.1% at the end of the previous fiscal year. However, it recovered slightly from 25.2% in the previous quarter.
  25. FY2020-Q1Decline in the Equity RatioAnnual report

    「Equity ratio (%) 27.5 25.2 26.1」

    The equity ratio declined from 27.5% in the same period of the previous year to 25.2%, also falling below 26.1% at the end of the previous fiscal year.
  26. FY2019AdvancedAnnual report

    「The company sets 8% as the minimum ROE level to be maintained, and ROE increased to 8.5% in the current fiscal year from 8.0% in the previous fiscal year.」

    The company explicitly sets 8% as the minimum ROE level to be maintained, and ROE rose to 8.5% in the current fiscal year from 8.0% in the previous fiscal year. The company describes measurable progress toward its objectives of strengthening its equity base and improving ROE.
  27. FY2018First statedAnnual report

    「The company works to strengthen its equity base from the perspective of enhancing the soundness and stability of management, and to improve return on equity (ROE), an indicator of profitability and efficiency, from the perspective of achieving sustained growth in shareholder value.」

    The company has for the first time explicitly identified strengthening its equity base and improving ROE, an indicator of profitability and efficiency, as management objectives.
Moved together

"Detached-House Sales Turn Profitable" moved the same way as this thread, in the same document, in 5 of its 28 moves.

544443★123456
  1. ★This thread
  2. 1Detached-House Sales Turn Profitable5×
  3. 2Return to Profitability from a Loss in the Prior-Year Period4×
  4. 3Financial Covenants on Borrowings and Risk of Loss of Benefit of Time4×
  5. 4Decline in Revenue and Shift to a Loss in Other Real Estate Sales4×
  6. 5Return to Positive Operating Cash Flow and Increase in Cash Balance4×
  7. 6Dividend of ¥26 per Share3×

★ 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 Wadakohsan yet. It last moved in the Earnings of 2026-10-02: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Strengthening Equity and Improving ROE | WADAKOHSAN CORPORATION (8931) | Komori