Improving profitability and asset efficiency by emphasizing ROA
First written in FY2018. 2 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2018: 4 of 18 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026ROA downAnnual report
「For the current consolidated fiscal year, ROA (return on assets) was 6.0%, down 1.3 percentage points year on year, as net income attributable to owners of the parent declined by 12.7% year on year, while net assets and total assets increased due to retained earnings and other factors after dividend payments.」
The company continued its policy of emphasizing ROA, but ROA declined from 7.3% in the previous fiscal year to 6.0% due to lower net income and higher total assets. - FY2023AdvancedAnnual report
「For the current consolidated fiscal year, ROA (return on assets) was 8.4%, up 0.9 percentage points year on year, as net income attributable to owners of the parent increased substantially by 16.6% year on year.」
The company continued its policy of emphasizing ROA, and ROA rose 0.9 percentage points from 7.5% in the previous fiscal year to 8.4%. - FY2022AdvancedAnnual report
「For the current consolidated fiscal year, ROA (return on assets) was 7.5%, up 2.2 percentage points year on year, as net income attributable to owners of the parent increased substantially by 47.8% year on year.」
The company continued its policy of emphasizing ROA, and ROA rose 2.2 percentage points from 5.3% in the previous fiscal year to 7.5%. - FY2020Continued decline in ROAAnnual report
「For the current consolidated fiscal year, total assets increased due to aggressive capital investment and the consolidation of 株式会社シュテルン横浜東, which became a new consolidated subsidiary through an M&A transaction, with 31 March 2020 designated as the deemed acquisition date and only its balance sheet consolidated. As a result, ROA (return on assets) was 5.5%, down 0.9 percentage points year on year.」
While continuing its policy of emphasizing ROA, ROA declined from 6.4% in the previous fiscal year to 5.5% as total assets increased due to capital investment and the addition of a new consolidated subsidiary. - FY2019Decline in ROAAnnual report
「For the current consolidated fiscal year, ROA (return on assets) was 6.4%, down 0.9 percentage points year on year, as total assets increased following aggressive capital investment.」
While continuing its policy of emphasizing ROA, the company’s ROA declined from 7.3% in the previous fiscal year to 6.4% as total assets increased due to capital investment. - FY2018First statedAnnual report
「By managing the business with an emphasis on ROA (return on assets), we aim to operate with a focus not only on pursuing scale, but also on improving the operating margin and using total assets efficiently, thereby building a financially robust corporate group.」
ROA was identified as a key metric, with the policy of improving the operating margin and using total assets efficiently disclosed for the first time in an annual filing. Full-year ROA was stated as 7.3%, an improvement of 0.4 percentage points year on year.