Japan Transcity (9310) · TargetSoftened
Capital Efficiency Targets, Including ROE and the Equity Ratio
First written in FY2025. 1 of 4 entries say "Cited as achieved", first in 2026-05-14. Latest entry: FY2026.
4entries
2years
2from disclosures
How it moved
Same theme, other companies
Composite Financial Targets for the Equity Ratio and ROEA theme 19 companies write about · 2 as a headwind · 17 as a tailwind
The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
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 19 companies compared. The sentences above are computed from all 19.Full recordFilings, disclosures and news, newest first
- FY2026SoftenedAnnual report
「To improve capital efficiency while pursuing an optimal capital structure, we will undertake balance-sheet management, including measures relating to treasury shares and strategically held shares.」
The previously stated numerical targets of ROE of at least 6.0%, medium- to long-term ROE of at least 8.0% and an equity ratio in the 50% range were not reiterated as management metric targets in the new medium-term management plan. The wording has changed to qualitative balance-sheet management aimed at capital efficiency and an optimal capital structure. - FY2025First statedAnnual report
「Capital profitability ROE 6.0% or higher 8.0% or higher Shareholder returns Payout ratio DOE Dividends to be paid with reference to the higher of a payout ratio of 40% or a DOE of 2.0% B/S control Equity ratio Balance sheet to be managed with a medium- to long-term target equity ratio in the 50% range」
The company explicitly stated for the first time that its target for the final year of the current medium-term management plan is ROE of at least 6.0%, its medium- to long-term target is ROE of at least 8.0%, and the equity ratio will be managed with a medium- to long-term target in the 50% range.