Improving return on assets and return on equity and reducing interest-bearing debt
First written in FY2018. 3 of 8 entries say "Worsened", first in FY2020. Latest entry: FY2026.
Subaru moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
The whole theme swung hardest in 2023: 6 of 40 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2026Ordinary profit to total assets ratio increased; net income to equity ratio declinedAnnual report
「For the fiscal year under review, return on assets based on ordinary income was 1.8%, while return on equity based on net income was 1.1%. We will continue working to improve these indicators over the long term.」
Return on assets based on ordinary income increased from 1.6% in the previous fiscal year to 1.8%, while return on equity based on net income declined from 1.6% to 1.1%. The policy of improving both indicators over the long term remains unchanged. - FY2025Decline in return on assets based on ordinary income, increase in return on equity based on net incomeAnnual report
「For the fiscal year under review, return on assets based on ordinary income was 1.6%, while return on equity based on net income was 1.6%. We will continue working to improve these indicators over the long term.」
Return on assets based on ordinary income declined from 2.3% in the previous fiscal year to 1.6%, while return on equity based on net income increased from 1.0% to 1.6%. The policy of improving both indicators over the long term remains unchanged. - FY2024WorsenedAnnual report
「For the fiscal year, the ordinary profit to total assets ratio was 2.3% and the net income to equity ratio was 1.0%. The company will continue working to raise these metrics over the long term.」
The ordinary profit to total assets ratio declined from 4.5% in the previous fiscal year to 2.3%, and the net income to equity ratio from 6.0% to 1.0%. The policy of raising them over the long term remains in place. - FY2023AdvancedAnnual report
「For the fiscal year, the ordinary profit to total assets ratio was 4.5% and the net income to equity ratio was 6.0%. The company will continue working to raise these metrics over the long term.」
Regarding its target metrics, the company disclosed a standalone ordinary profit to total assets ratio of 4.5% and a net income to equity ratio of 6.0%, and continues to pursue its policy of raising them over the long term. - FY2021WorsenedAnnual report
「For the consolidated fiscal year, the ordinary profit to total assets ratio was 2.7% and the net income to equity ratio was negative 1.9%.」
On a consolidated basis, the ordinary profit to total assets ratio was 2.7% and the net income to equity ratio was negative 1.9%. Both declined from the previously disclosed figures of 5.3% and 6.6%, respectively. The policy of raising them over the long term remains in place. - FY2020WorsenedAnnual report
「The ordinary profit to total assets ratio was 4.3% in the 60th fiscal year, 5.3% in the 61st, and 4.7% in the 62nd, while the net income to equity ratio was 5.0%, 6.6%, and 2.3%, respectively. The company will continue working to raise these metrics over the long term.」
The ordinary profit to total assets ratio declined from 5.3% to 4.7% and the net income to equity ratio from 6.6% to 2.3%, while the policy of raising them over the long term remains in place. - FY2019AdvancedAnnual report
「The ordinary profit to total assets ratio was 3.9% in the 59th fiscal year, 4.3% in the 60th, and 5.3% in the 61st, while the net income to equity ratio was 0.9%, 5.0%, and 6.6%, respectively. The company will continue working to raise these metrics over the long term.」
Regarding its target metrics, the company reported that the ordinary profit to total assets ratio had reached 5.3% and the net income to equity ratio 6.6%, and stated that it would continue working to raise them over the long term. - FY2018First statedAnnual report
「The company's management targets are to improve its ordinary profit to total assets ratio and net income to equity ratio. It will work to raise these metrics over the long term, reduce interest-bearing debt, improve and strengthen its financial position, and achieve stable returns to shareholders.」
The company has stated for the first time that improving the ordinary profit to total assets ratio and net income to equity ratio, reducing interest-bearing debt, improving its financial position, and providing stable returns to shareholders are its management metrics and financial policies.