Capital management using net interest-bearing debt as a key metric
First written in FY2024. 1 of 2 entries say "Reframed", first in FY2025. Latest entry: FY2025.
On The Page moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 3 of 14 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Our group emphasizes the efficiency of equity and uses the ratio of equity attributable to owners of the parent and return on equity (ROE) as principal metrics.」
In addition to net interest-bearing debt, the company identified the ratio of equity attributable to owners of the parent and ROE as principal capital-management metrics. For the fiscal year ending December 2025, the ratio was 27.5% and ROE was 13.3%. - FY2024First statedAnnual report
「Our group manages capital with the aim of maximizing corporate value through sustainable growth. The principal metric used by our group in capital management is net interest-bearing debt, calculated by deducting cash and cash equivalents from interest-bearing debt.」
Net interest-bearing debt was newly identified as a principal capital-management metric, with net interest-bearing debt at December 2024 disclosed as ¥16,518 million.