Debt-to-equity ratio (D/E ratio) of 0.5x or less
First written in FY2018. 11 of 17 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 3 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「D/E ratio 0.5 times or less 0.38 times 0.19 times」
The D/E ratio declined from 0.38 times in the previous fiscal year to 0.19 times, indicating an improvement in the financial metric while remaining within the upper limit of 0.5 times. - FY2025AdvancedAnnual report
「D/E ratio 0.5 times or less 0.38 times」
The actual D/E ratio of 0.38 times was disclosed, indicating that it was within the guideline of an upper limit of 0.5 times. - FY2024RaisedAnnual report
「・Debt-to-equity ratio (D/E ratio): Set an upper limit of 0.5 times to maintain financial soundness and enable flexible growth investment」
The new medium-term management plan redefines the previous policy of a D/E ratio of 0.5 times or less as a clear upper limit to maintain financial soundness and fund growth investment. Actual D/E for FY2024 was 46.2%. - FY2024-Q3RestatedAnnual report
「There were no material changes during the nine-month period ended December 2017 in the objective indicators used to assess the status of achievement of the Group's management policies, management strategies and management targets.」
It reconfirms that there have been no material changes to the financial benchmark for the D/E ratio. - FY2024-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
It reconfirms that there have been no material changes to the financial benchmark for the D/E ratio. - FY2023-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
It reconfirms that there have been no material changes to the financial benchmark for the D/E ratio. - FY2022AdvancedAnnual report
「Results during the current medium-term management plan period were as follows: FY2019 (fiscal year 34), 35.7%; FY2020 (fiscal year 35), 42.5%; FY2021 (fiscal year 36), 38.7%.」
The D/E ratio was 38.7% in FY2022, remaining within the guideline of 0.5 times or less. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」
It states that there have been no material changes to the financial benchmark for the D/E ratio. - FY2021AdvancedAnnual report
「Debt-to-equity ratio (D/E ratio): When raising funds through interest-bearing debt, use 0.5 times or less as a guideline」
The D/E ratio for FY2020 was disclosed as 42.5%, indicating that it was within the guideline of 0.5 times or less. - FY2021-Q3RestatedAnnual report
「There were no material changes during the nine-month period ended December 2017 in the objective indicators used to assess the status of achievement of the Group's management policies, management strategies and management targets.」
It states that there have been no material changes to the financial benchmark of a D/E ratio of 0.5 times or less. - FY2021-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
It states that there have been no material changes to the financial benchmark for the D/E ratio. - FY2020RestatedAnnual report
「Debt-to-equity ratio (D/E ratio): When raising funds through interest-bearing debt, use 0.5 times or less as a guideline」
The new medium-term management plan continues the policy of using a D/E ratio of 0.5 times or less as a benchmark for financial soundness. - FY2020-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
It states that there have been no material changes to the financial benchmark for the D/E ratio. - FY2020-Q1RestatedAnnual report
「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」
It states that there have been no material changes to the financial benchmark for the D/E ratio. - FY2019-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no material changes to the objective indicators used to assess progress toward the management policies, management strategies and management targets established by the group.」
It states that there have been no material changes to the financial benchmark for the D/E ratio. - FY2019-Q1RestatedAnnual report
「There have been no material changes to the management policies, management strategies and other matters established by the Group, or to the objective indicators used to assess progress toward management targets, during the cumulative first quarter of the current consolidated fiscal year.」
It states that there have been no material changes to the financial benchmark for the D/E ratio. - FY2018First statedAnnual report
「・Debt-to-equity ratio (D/E ratio) When raising funds through interest-bearing debt, use 0.5 times or less as a guideline」
A D/E ratio of 0.5 times or less is specified as a benchmark for financial soundness when raising interest-bearing debt.