INVESTOR RELATIONS
Major Management Indices
Major Management Indices
[Accounting standards: Japanese GAAP]
ROA
（%）
Equity Ratio
（%）
EBITDA Multiple
(Times)
D/E Ratio
(Times)
ROE
（%）
EPS
(Yen)
Annual dividends
(Yen)
Dividend payout ratio
（%）
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| Consolidated Basis | FY2020 Mar-31, 2021 |
FY2021 Mar-31, 2022 |
FY2022 Mar-31, 2023 |
FY2023 Mar-31, 2024 |
FY2024 Mar-31, 2025 |
|---|---|---|---|---|---|
| ROA （%） | 2.2 | 3.2 | 4.1 | 4.2 | 4.5 |
| Equity ratio （%） | 22.5 | 24.0 | 25.0 | 24.8 | 25.3 |
| ROE （%） | 3.7 | 5.7 | 7.3 | 9.6 | 9.9 |
| EBITDA multiple | 14.5 | 10.7 | 9.3 | 9.4 | 8.9 |
| D/E Ratio | 2.5 | 2.3 | 2.2 | 2.1 | 2.1 |
| EPS (Yen) | 30.13 | 48.84 | 67.21 | 96.40 | 108.69 |
| Annual dividends (Yen) | 16.00 | 17.00 | 23.50 | 31.0 | 36.5 |
| Dividend payout ratio (%) | 53.1 | 34.8 | 35.0 | 32.2 | 33.6 |
ROA:(Operating income + Interest received + Dividend received) / Total assets (Yearly average)
EBITDA Multiple:Interest-bearing debt/EBITDA (Operating income before depreciation)
D/E Ratio:Interest-bearing debt/Equity
In the third quarter ended December 31, 2025, the Company finalized the provisional accounting treatment for the business combination. Accordingly, the figures as of March 31, 2025 reflect this finalization.