Early recovery of shareholders’ equity and rebuilding of the financial foundation
First written in FY2017. 31 of 34 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-08-04.
2 other companies' latest entry also says "Other".
- 2026-08-04OtherEarnings
「The decrease in equity was due to a decline in capital surplus resulting from the acquisition of treasury shares, as well as the additional acquisition of shares in a subsidiary.」
Equity decreased by ¥5,797 million from the end of the previous fiscal year due to the share repurchase and additional acquisition of subsidiary shares, while the equity ratio declined from 45.7% to 43.7%. - FY2026AdvancedAnnual report
「Equity 117,178 142,071 24,892 21.2% Equity ratio 41.8% 45.7% +3.9 percentage points Interest-bearing debt 87,615 85,721 △1,893 △2.2% Debt-to-equity ratio 0.75 0.60 △0.14 △19.3%」
Equity increased to ¥142,071 million and the equity ratio rose to 45.7%, while interest-bearing debt and the debt-to-equity ratio declined. Improvement in the financial base progressed over the full fiscal year. - FY2026-H1AdvancedAnnual report
「Equity 117,178 124,182 7,004 6.0% Equity ratio 41.8% 42.2% +0.4 percentage points 1.0% Interest-bearing debt 87,615 89,478 1,863 2.1% Debt-to-equity ratio 0.75 0.72 △0.03 △3.6% ・The increase in equity was mainly due to the recognition of interim net income attributable to owners of the parent.」
At the end of the interim period, equity had increased by ¥7,004 million from the end of the previous fiscal year, and the equity ratio had risen to 42.2%. While the financial base continued to improve, interest-bearing debt increased in connection with capital investment and other factors. - FY2024AdvancedAnnual report
「Equity 93,285 109,908 16,622 17.8% Total assets 258,679 263,543 4,864 1.9% Equity ratio 36.1% 41.7% +5.6 percentage points Interest-bearing debt 92,621 83,265 △9,355 △10.1% Debt-to-equity ratio 0.99 0.76 △0.24 △23.7%」
Equity increased to ¥109,908 million and the equity ratio rose to 41.7%, while interest-bearing debt and the debt-to-equity ratio declined. Rebuilding the financial base and restoring equity progressed over the full fiscal year. - FY2024-Q3AdvancedAnnual report
「Equity 93,285 101,568 8,282 8.9% Equity ratio 36.1% 39.4% +3.3 percentage points Interest-bearing debt 92,621 87,739 △4,882 △5.3% Debt-to-equity ratio 0.99 0.86 △0.13 △13.0% ・The decrease in interest-bearing debt was due to the repayment of borrowings.」
From the end of the previous fiscal year to the end of the third quarter, equity increased by ¥8,282 million and the equity ratio rose from 36.1% to 39.4%. Interest-bearing debt declined by ¥4,882 million and the debt-to-equity ratio fell from 0.99x to 0.86x, indicating progress in improving the financial base through the repayment of borrowings. - FY2024-Q2AdvancedAnnual report
「Debt-to-equity ratio 0.99 0.88 △0.12 △11.7% ・The policy is to continue managing the business so that the debt-to-equity ratio remains at approximately 1.0x.」
The debt-to-equity ratio declined from 0.99x at the end of the previous fiscal year to 0.88x, indicating that financial management based on an optimal debt-to-equity ratio of approximately 1.0x is moving below the target level. - FY2024-Q2AdvancedAnnual report
「Equity 93,285 101,919 8,633 9.3% Equity ratio 36.1% 38.5% +2.4 percentage points 6.7% Interest-bearing debt 92,621 89,392 △3,228 △3.5% ・The decrease in interest-bearing debt was due to the repayment of borrowings.」
From the end of the previous fiscal year, equity increased by ¥8,633 million and the equity ratio rose from 36.1% to 38.5%. Interest-bearing debt also declined by ¥3,228 million due to the repayment of borrowings, indicating continued improvement in the financial base. - FY2024-Q1AdvancedAnnual report
「Equity 93,285 97,239 3,953 4.2% Equity ratio 36.1% 37.2% +1.2 percentage points Interest-bearing debt 92,621 91,093 △1,527 △1.6% Debt-to-equity ratio 0.99 0.94 △0.06 △5.6%」
Equity and the equity ratio increased, while interest-bearing debt and the debt-to-equity ratio declined. Rebuilding the financial base and restoring equity also progressed in the first quarter. - FY2023-Q3AdvancedAnnual report
「Equity 79,458 89,743 10,284 12.9% Equity ratio 30.8% 34.5% +3.8 percentage points Interest-bearing debt 99,394 94,714 △4,680 △4.7% Debt-to-equity ratio 1.25 1.06 △0.20 △15.6%」
From the end of the previous fiscal year to the end of the third quarter, equity and the equity ratio increased, while interest-bearing debt and the debt-to-equity ratio declined, indicating continued improvement in the financial base. - FY2023-Q2AdvancedAnnual report
「Equity 79,458 89,272 9,814 12.4% Equity ratio 30.8% 33.8% +3.1 percentage points 9.9% The increase in equity was due to the recognition of net income attributable to owners of the parent for the quarter and an increase in the foreign currency translation adjustment account resulting from the depreciation of the yen.」
From the end of the previous fiscal year to the end of the second quarter, equity increased from ¥79,458 million to ¥89,272 million, while the equity ratio rose from 30.8% to 33.8%. The financial base continued to recover. - FY2023-Q1AdvancedAnnual report
「Net assets increased by ¥4,127 million from the end of the previous consolidated fiscal year to ¥9,275 million, owing mainly to the recognition of quarterly net income attributable to owners of the parent and an increase in the foreign currency translation adjustment accompanying the weaker yen.」
At the end of the first quarter, net assets were ¥92,758 million and the equity ratio was 31.3%, indicating further improvement in the financial base from the end of the previous consolidated fiscal year. - FY2022AdvancedAnnual report
「Target (March 2022) Actual (March 2022) Operating profit ¥10,000 million ¥25,939 million Interest-bearing debt ¥130,000 million ¥93,996 million Net debt-to-equity ratio 2.0x or lower 0.89x ROE Above 9.0% 20.4%」
The results for the final year of the Medium-Term Management Plan 2017 show that all targets for operating profit, interest-bearing debt, the net debt-to-equity ratio and ROE were exceeded. - FY2022-Q3AdvancedAnnual report
「Net assets increased by ¥11,264 million from the end of the previous consolidated fiscal year to ¥79,793 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
Net assets increased by ¥11,264 million from the end of the previous consolidated fiscal year to ¥79,793 million, while the equity ratio, one of the key management indicators, improved from 24.4% to 28.8%. - FY2022-Q2AdvancedAnnual report
「Net assets increased by ¥6,722 million from the end of the previous consolidated fiscal year to ¥75,252 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
At the end of the second quarter, net assets were ¥75,252 million and the equity ratio was 27.7%. Both net assets and the equity ratio improved from the end of the previous consolidated fiscal year. - FY2022-Q1AdvancedAnnual report
「Net assets increased by ¥2,428 million from the end of the previous consolidated fiscal year to ¥70,957 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
Net assets increased by ¥2,428 million from the end of the previous consolidated fiscal year to ¥70,957 million, and the equity ratio also rose from 26.3% to 26.4%. The financial base continued to recover in the first quarter. - FY2021AchievedAnnual report
「Progress toward the management targets under the Medium-Term Management Plan 2017 End of the fiscal year ending March 2022 (final year of the plan) Operating profit ¥10,000 million End of the fiscal year ending March 2021 (fourth year of the plan) ¥17,661 million Interest-bearing debt ¥130,000 million End of the fiscal year ending March 2021 (fourth year of the plan) ¥107,879 million Net debt-to-equity ratio 2.0x or lower End of the fiscal year ending March 2021 (fourth year of the plan) 1.35x ROE Above 9.0% End of the fiscal year ending March 2021 (fourth year of the plan) 20.5%」
The results show that the targets for operating profit, interest-bearing debt, the net debt-to-equity ratio and ROE were achieved ahead of the final year of the plan. - FY2021-Q3AdvancedAnnual report
「Net assets increased by ¥10,960 million from the end of the previous consolidated fiscal year to ¥65,802 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
Net assets increased by ¥10,960 million from the end of the previous consolidated fiscal year to ¥65,802 million, and the equity ratio was 24.4%, indicating further recovery of the financial base. - FY2021-Q2AdvancedAnnual report
「Net assets increased by ¥6,577 million from the end of the previous consolidated fiscal year to ¥61,419 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
At the end of the second quarter, net assets were ¥61,419 million and the equity ratio was 23.0%. Net assets increased by ¥6,577 million from the end of the previous consolidated fiscal year, indicating continued recovery of the financial base. - FY2021-Q1AdvancedAnnual report
「Net assets increased by ¥3,004 million from the end of the previous consolidated fiscal year to ¥57,847 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
Net assets increased from ¥54,842 million at the end of the previous consolidated fiscal year to ¥57,847 million, while the equity ratio improved from 20.8% to 22.0%, indicating continued progress in rebuilding the financial base. - FY2020AdvancedAnnual report
「Progress toward the management targets under the Medium-Term Management Plan 2017 End of the fiscal year ending March 2022 (final year of the plan) Operating profit ¥10,000 million End of the fiscal year ending March 2020 (third year of the plan) ¥11,808 million Interest-bearing debt ¥130,000 million End of the fiscal year ending March 2020 (third year of the plan) ¥127,101 million Net debt-to-equity ratio 2.0x or lower End of the fiscal year ending March 2020 (third year of the plan) 2.11x ROE Above 9.0% End of the fiscal year ending March 2020 (third year of the plan) 13.2%」
Operating profit, interest-bearing debt and ROE progressed to levels above or below the targets for the end of the fiscal year ending March 2022, while the net debt-to-equity ratio also improved to 2.11x. The financial base has been substantially rebuilt ahead of the target deadline. - FY2020-Q3AdvancedAnnual report
「Net assets increased by ¥5,873 million from the end of the previous consolidated fiscal year to ¥58,116 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
Net assets increased by ¥5,873 million from the end of the previous consolidated fiscal year to ¥58,116 million, and the equity ratio also improved to 21.1%. The recovery of equity and progress in rebuilding the financial base are evident. - FY2020-Q2AdvancedAnnual report
「At the end of the second quarter, total assets were ¥249,776 million, down ¥2,302 million from the end of the previous consolidated fiscal year, mainly due to a decrease in fixed assets resulting from ongoing depreciation. Net assets increased by ¥1,870 million from the end of the previous consolidated fiscal year to ¥54,114 million, mainly due to the recognition of net income attributable to owners of the parent for the quarter, despite a decrease in the foreign currency translation adjustment account resulting from the appreciation of the yen.」
Net assets increased by ¥1,870 million from the end of the previous fiscal year to ¥54,114 million, and the equity ratio reached 19.6%, indicating continued recovery of the financial base. - FY2020-Q1AdvancedAnnual report
「At the end of the first quarter, total assets were ¥248,912 million, down ¥3,166 million from the end of the previous consolidated fiscal year, mainly due to a decrease in cash and deposits resulting from the use of cash on hand to repay interest-bearing debt as the Company sought to rebuild its financial base under the Medium-Term Management Plan 2017, as well as a decrease in fixed assets due to ongoing depreciation. Net assets increased by ¥380 million from the end of the previous consolidated fiscal year to ¥52,623 million, despite a decrease in the foreign currency translation adjustment account resulting from the appreciation of the yen, mainly due to the recognition of net income attributable to owners of the parent for the quarter.」
As the Company continued to rebuild its finances by using cash on hand to repay interest-bearing debt, net assets increased by ¥380 million from the end of the previous consolidated fiscal year to ¥52,623 million, and the equity ratio improved from 18.8% to 19.3%. - FY2019AdvancedAnnual report
「Despite a decrease in the valuation difference on other securities accompanying the decline in stock prices, net assets increased by ¥3,846 million from the end of the previous consolidated fiscal year to ¥52,243 million due to the recognition of net profit attributable to owners of the parent.」
Net assets increased by ¥3,846 million from the end of the previous fiscal year to ¥52,243 million, while the equity ratio improved to 18.8%. - FY2019-Q3AdvancedAnnual report
「Despite a decrease in the valuation difference on other securities accompanying the decline in stock prices, net assets increased by ¥1,998 million from the end of the previous consolidated fiscal year to ¥50,395 million due to the recognition of quarterly net profit attributable to owners of the parent.」
Recognition of quarterly net profit attributable to owners of the parent increased net assets by ¥1,998 million from the end of the previous consolidated fiscal year to ¥50,395 million, while the equity ratio also improved to 18.0%. - FY2019-Q2AdvancedAnnual report
「At the end of the second quarter, total assets decreased by ¥4,063 million from the end of the previous consolidated fiscal year to ¥258,671 million, mainly due to a decrease in cash and deposits resulting from the use of funds on hand to repay interest-bearing debt as part of efforts to rebuild the financial base under Medium-Term Management Plan 2017. Net assets increased by ¥3,318 million from the end of the previous consolidated fiscal year to ¥51,715 million, mainly due to the recognition of quarterly net profit attributable to owners of the parent.」
Specific measures to use funds on hand to repay interest-bearing debt were implemented, increasing net assets by ¥3,318 million from the end of the previous consolidated fiscal year to ¥51,715 million. - FY2019-Q1AdvancedAnnual report
「Net assets increased by ¥969 million from the end of the previous consolidated fiscal year to ¥49,366 million due to the recognition of quarterly net profit attributable to owners of the parent.」
Recognition of quarterly net profit attributable to owners of the parent increased net assets by ¥969 million from the end of the previous consolidated fiscal year to ¥49,366 million, while the equity ratio also improved to 17.5%. - FY2018AdvancedAnnual report
「Net assets increased by ¥657.6 million from the end of the previous fiscal year to ¥48,396 million, due to the recognition of profit for the fiscal year and an increase in the valuation difference on other securities. The equity ratio was 16.7% and ROE was 10.7%.」
Net assets improved from ¥41,820 million to ¥48,396 million and the equity ratio from 14.1% to 16.7%, with annual figures indicating progress in rebuilding the financial base. - FY2018-Q3AdvancedAnnual report
「Net assets (¥ million) 48,935 41,820 Equity ratio (%) 16.8 14.1」
From the end of the previous consolidated fiscal year to the end of the third quarter, net assets increased from ¥41,820 million to ¥48,935 million and the equity ratio rose from 14.1% to 16.8%, indicating progress in equity recovery. - FY2018-Q2AdvancedAnnual report
「In addition to fundamentally strengthening business profitability, we will curb non-essential investment and review inefficient assets to recover equity and rebuild the financial base.」
The recovery of equity and rebuilding of the financial base have been incorporated into a new plan that includes curbing non-essential investment and reviewing inefficient assets. At the end of the second quarter, net assets were ¥46,111 million and the equity ratio was 16.0%. - FY2018-Q1AdvancedAnnual report
「Net assets (¥ million) 41,820 43,806 Equity ratio (%) 14.1 15.3」
Net assets and the equity ratio increased from the end of the previous consolidated fiscal year to the end of the first quarter, indicating measurable improvement in equity recovery. - FY2017First statedAnnual report
「To overcome this situation, we will continue to focus on expanding earnings by leveraging our strength as an integrated logistics company with full-spectrum capabilities, while making the early recovery of equity our top priority and steadily implementing the following measures. 1. Fundamental strengthening of business profitability 2. Rebuilding the financial base」
Following the impairment of equity caused by a major impairment loss, the early recovery of equity was clearly identified as the top priority for the first time.