Decline in Equity Ratio Due to Increase in Liabilities and Decrease in Net Assets
First written in FY2017-Q1. 18 of 31 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2026: 9 of 35 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The equity ratio increased by 2.2 percentage points from the end of the previous consolidated fiscal year to 32.9%.」
The equity ratio rose from 30.6% at the end of the previous fiscal year to 32.9%. - FY2026-H1AdvancedAnnual report
「The equity ratio rose 2.6 percentage points from the end of the previous consolidated fiscal year to 33.2%.」
The equity ratio rose 2.6 percentage points from 30.6% at the end of the previous fiscal year to 33.2%. - FY2025-H1WorsenedAnnual report
「Due to an increase in liabilities of ¥2.9489 billion and a decrease in net assets of ¥2.3895 billion, the equity ratio fell 1.5 percentage points from the end of the previous consolidated fiscal year to 24.6%.」
Due to an increase in treasury shares associated with NWコーポレーション becoming a consolidated subsidiary, liabilities increased and net assets decreased, causing the equity ratio to fall from 26.1% to 24.6%. - FY2024-Q3AdvancedAnnual report
「Due to a decrease in liabilities of ¥5.0479 billion and an increase in net assets of ¥5.0831 billion, the equity ratio rose 3.2 percentage points from the end of the previous consolidated fiscal year to 26.6%.」
Due to decreased liabilities and increased net assets, the equity ratio rose 3.2 percentage points from 23.5% at the previous fiscal year-end to 26.6%. - FY2024-Q1AdvancedAnnual report
「Due to a decrease in liabilities of ¥1.7021 billion and an increase in net assets of ¥0.8307 billion, the equity ratio rose 0.6 percentage points from the end of the previous consolidated fiscal year to 24.1%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 23.5% at the previous fiscal year-end to 24.1%. - FY2023-Q3AdvancedAnnual report
「Due to a decrease in liabilities of ¥19.9732 billion and an increase in net assets of ¥7.9823 billion, the equity ratio rose 6.5 percentage points from the end of the previous consolidated fiscal year to 24.7%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 18.3% at the previous fiscal year-end to 24.7%. - FY2023-Q2AdvancedAnnual report
「Due to a decrease in liabilities of ¥8.2677 billion and an increase in net assets of ¥7.4138 billion, the equity ratio rose 4.5 percentage points from the end of the previous consolidated fiscal year to 22.7%.」
The equity ratio rose 4.5 percentage points from 18.3% at the previous fiscal year-end to 22.7%. - FY2023-Q1AdvancedAnnual report
「Due to a decrease in liabilities of ¥6.9239 billion and an increase in net assets of ¥0.6505 billion, the equity ratio rose 1.1 percentage points from the end of the previous consolidated fiscal year to 19.4%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 18.3% at the previous fiscal year-end to 19.4%. - FY2022AdvancedAnnual report
「The equity ratio rose 0.6 percentage points from the end of the previous consolidated fiscal year to 18.3%.」
The equity ratio rose from 17.6% at the previous fiscal year-end to 18.3%. - FY2022-Q3RestatedAnnual report
「As a result, the equity ratio was unchanged from the end of the previous consolidated fiscal year at 17.6%.」
The equity ratio was unchanged from the previous consolidated fiscal year-end at 17.6%. - FY2022-Q2WorsenedAnnual report
「As a result, the equity ratio fell 0.2 percentage points from the end of the previous consolidated fiscal year to 17.4%.」
The equity ratio fell from 17.6% at the previous consolidated fiscal year-end to 17.4%. - FY2022-Q1WorsenedAnnual report
「Due to an increase in liabilities of ¥0.4137 billion and a decrease in net assets of ¥0.6232 billion, the equity ratio fell 0.3 percentage points from the end of the previous consolidated fiscal year to 17.3%.」
Due to increased liabilities and decreased net assets, the equity ratio fell from 17.6% at the previous fiscal year-end to 17.3%. - FY2021WorsenedAnnual report
「Due to a decrease in total assets of ¥0.9287 billion, a decrease in retained earnings of ¥7.5515 billion and other factors, the equity ratio fell 3.9 percentage points from the end of the previous consolidated fiscal year to 17.6%.」
Due in part to a decrease in retained earnings, the equity ratio fell from 21.5% at the previous fiscal year-end to 17.6%. - FY2021-Q3WorsenedAnnual report
「Due to an increase in total assets of ¥0.7620 billion and a decrease in retained earnings of ¥5.2657 billion, the equity ratio fell 3.2 percentage points from the end of the previous consolidated fiscal year to 18.3%.」
Although the issuance of preferred shares increased non-controlling interests, the equity ratio fell to 18.3% due to a decrease in retained earnings. - FY2021-Q1WorsenedAnnual report
「Due to an increase in liabilities of ¥5.8481 billion and a decrease in net assets of ¥3.4880 billion, the equity ratio fell 2.3 percentage points from the end of the previous consolidated fiscal year to 19.2%.」
Losses associated with the COVID-19 pandemic and other factors resulted in increased liabilities and decreased net assets, lowering the equity ratio to 19.2%. - FY2020-Q3AdvancedAnnual report
「Due to a decrease in liabilities of ¥2.6595 billion and an increase in net assets of ¥1.7310 billion, the equity ratio rose 1.1 percentage points from the end of the previous consolidated fiscal year to 25.2%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 24.1% at the previous fiscal year-end to 25.2%. - FY2020-Q2AdvancedAnnual report
「Due to a decrease in liabilities of ¥2.2773 billion and an increase in net assets of ¥1.4695 billion, the equity ratio rose 1.0 percentage point from the end of the previous consolidated fiscal year to 25.1%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 24.1% at the previous fiscal year-end to 25.1%. - FY2020-Q1AdvancedAnnual report
「Due to a decrease in liabilities of ¥0.3724 billion and an increase in net assets of ¥0.0089 billion, the equity ratio rose 0.1 percentage points from the end of the previous consolidated fiscal year to 24.2%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 24.1% at the previous fiscal year-end to 24.2%. - FY2019-Q3AdvancedAnnual report
「Due to a decrease in liabilities of ¥1.2975 billion and an increase in net assets of ¥2.0524 billion, the equity ratio rose 1.1 percentage points from the end of the previous consolidated fiscal year to 24.4%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 23.3% at the previous fiscal year-end to 24.4%. - FY2019-Q2AdvancedAnnual report
「Due to a decrease in liabilities of ¥2.8271 billion and an increase in net assets of ¥2.2516 billion, the equity ratio rose 1.4 percentage points from the end of the previous consolidated fiscal year to 24.7%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 23.3% at the previous fiscal year-end to 24.7%. - FY2019-Q1AdvancedAnnual report
「Due to a decrease in liabilities of ¥2.2742 billion and an increase in net assets of ¥0.6117 billion, the equity ratio rose 0.6 percentage points from the end of the previous consolidated fiscal year to 23.9%.」
Due to decreased liabilities and increased net assets, the equity ratio rose from 23.3% at the previous fiscal year-end to 23.9%. - FY2018RestatedAnnual report
「The equity ratio rose 1.5 percentage points from the end of the previous consolidated fiscal year to 23.3%.」
The annual results also show the financial position improving through an increase in the equity ratio from the previous fiscal year-end. - FY2018-Q3AdvancedAnnual report
「Due to a decrease in liabilities of ¥2.6712 billion and an increase in net assets of ¥2.6680 billion, the equity ratio rose 1.6 percentage points from the end of the previous consolidated fiscal year to 23.4%.」
The equity ratio continued to rise due to decreased liabilities and increased net assets, reaching 23.4%. - FY2018-Q2AdvancedAnnual report
「Due to a decrease in liabilities of ¥3.0480 billion and an increase in net assets of ¥1.7700 billion, the equity ratio rose 1.3 percentage points from the end of the previous consolidated fiscal year to 23.1%.」
As in the previous quarter, the equity ratio rose due to decreased liabilities and increased net assets. The increase was 1.3 percentage points, bringing the equity ratio to 23.1%. - FY2018-Q1ReframedAnnual report
「Due to a decrease in liabilities of ¥2.6940 billion and an increase in net assets of ¥0.7094 billion, the equity ratio rose 0.7 percentage points from the end of the previous consolidated fiscal year to 22.5%.」
The explanation has changed from a decline in the equity ratio due to increased liabilities and decreased net assets to an increase in the equity ratio this quarter due to decreased liabilities and increased net assets. - FY2017RestatedAnnual report
「The equity ratio fell 3.4 percentage points from the end of the previous consolidated fiscal year to 21.8%.」
The description of the financial position continues to report a decline in the equity ratio, which stood at 21.8% at the fiscal year-end. - FY2017-Q3RestatedAnnual report
「Due to an increase in liabilities of ¥6.3059 billion and a decrease in net assets of ¥2.7633 billion, the equity ratio fell 2.3 percentage points from the end of the previous consolidated fiscal year to 22.9%.」
The description of the financial position continues to cover increased liabilities, decreased net assets and a lower equity ratio. - FY2017-Q2RestatedAnnual report
「Due to an increase in liabilities of ¥5.3443 billion and a decrease in net assets of ¥4.7059 billion, the equity ratio fell 3.1 percentage points from the end of the previous consolidated fiscal year to 22.1%.」
The description of the financial position continues to cover increased liabilities, decreased net assets and a lower equity ratio. - FY2017-Q1First statedAnnual report
「Due to an increase in liabilities of ¥5.7963 billion and a decrease in net assets of ¥5.5102 billion, the equity ratio fell 3.6 percentage points from the end of the previous consolidated fiscal year to 21.6%.」
The changes in liabilities, net assets and the equity ratio at the end of the first quarter are described.