Management Indices
Shareholders’ equity ratio
D/E ratio
Debt to EBITDA ratio*1
Dividend payout ratio*2,
Total return ratio*3
ROA*4
ROE*5
EPS*9
DPS*9
Consolidated financial data
| unit | 21/3 | 22/3 | 23/3 | 24/3 | 25/3 | |
|---|---|---|---|---|---|---|
| Operating revenue | billions of yen | 580.6 | 645.0 | 654.7 | 734.7 | 757.6 |
| Business profit(*6) | billions of yen | 76.4 | 92.7 | 105.1 | 113.6 | 125.1 |
| Profit attributable to owners of parent | billions of yen | 42.1 | 55.3 | 64.5 | 68.1 | 74.8 |
| Total assets | billions of yen | 1,921.3 | 2,040.5 | 2,110.6 | 2,251.4 | 2,686.5 |
| Shareholders’ equity | billions of yen | 583.3 | 618.7 | 653.3 | 690.9 | 750.0 |
| Shareholders’ equity ratio | % | 30.4 | 30.3 | 31.0 | 30.7 | 28.0 |
| D/E ratio | times | 1.7 | 1.7 | 1.7 | 1.7 | 2.1 |
| Interest-bearing debt | billions of yen | 1,008.5 | 1,022.7 | 1,121.5 | 1,192.7 | 1,545.3 |
| Interest expenses | billions of yen | 9.0 | 8.8 | 10.2 | 14.0 | 15.8 |
| Debt to EBITDA ratio(*1) | times | 11.0 | 9.4 | 9.4 | 9.1 | 11.0 |
| Unrealized profit(*7) | billions of yen | 209.6 | 247.0 | 252.5 | 266.7 | 323.8 |
| Dividend payout ratio(*2) | % | 35.5 | 31.7 | 32.9 | 35.7 | 39.2 |
| Total return ratio(*5) | % | 45.0 | 44.3 | 47.6 | 46.0 | 45.9 |
| ROA(*4) | % | 4.1 | 4.7 | 5.1 | 5.2 | 5.1 |
| ROE(*5) | % | 7.4 | 9.2 | 10.1 | 10.1 | 10.4 |
| NAV per share(*8) | Yen/share | 807 | 888 | 953 | 1,015 | 1,135 |
| EPS*9 | Yen/share | 46.51 | 61.56 | 73.05 | 78.46 | 86.77 |
| DPS*9 | Yen/share | 16.50 | 19.50 | 24.00 | 28.00 | 34.00 |
- *1EBITDA = profi t before income taxes + interest expenses + depreciation
- *2Dividend payout ratio = dividend per share / EPS
- *3Total return ratio＝（Dividend per share + The amount of acquisition of treasury shares per share）/ EPS
- *4ROA= business profit / average assets during the fiscal year
Before FY17/3: ROA = (operating income + non-operating income) /average assets during the fiscal year - *5ROE＝profit attributable to owners of parent / shareholders’ equity (average over the fiscal year)
- *6Business profit = operating profit + share of profit (loss) of entities accounted for using equity method + amortization of intangible assets associated with corporate acquisitions
- *7Unrealized gains (after deduction of tax) = Unrealized gains × (1-effective tax rate)
- *8NAV per share = (shareholders’ equity + unrealized gains (after deduction of tax)) / the number of shares issued at the end of period (excluding treasury shares)
- *9The amounts have been adjusted retroactively (pre-split dividends divided by 5) to reflect the 5-for-1 stock split effective April 1, 2025.