Efficiency Indices

Total assets turnover

(Times)
Years ended March 31 Total assets turnover
2015 0.27
2016 0.23
2017 0.20
2018 0.22
2019 0.21

Net assets turnover

(Times)
Years ended March 31 Net assets turnover
2015 0.37
2016 0.31
2017 0.27
2018 0.29
2019 0.30

Return on equity (ROE)

(%)
Years ended March 31 Return on equity (ROE) Net Return on average capital employed (Net ROACE)
2015 2.7% 2.7%
2016 0.6% -1.0%
2017 1.6% 1.7%
2018 1.4% -0.0%
2019 3.2% 2.7%

Return on assets (ROA)

(%)
Years ended March 31 Return on assets (ROA)
2015 1.8%
2016 0.4%
2017 1.1%
2018 0.9%
2019 2.1%
  • Total assets turnover = Net sales / Average of total assets at the beginning and end of the fiscal year
  • Net assets turnover = Net sales / Average of net assets at the beginning and end of the fiscal year
  • ROE = Net income attributable to owners of parent / Average of net assets excluding non-controlling interests* at the beginning and end of the fiscal year
  • Net ROACE = (Net income (including non-controlling interests) + (Interest expense - Interest income) × (1 - Tax rate)) / Average of sum of net assets and net debt* at the beginning and end of the fiscal year
  • ROA = Net income attributable to owners of parent / Average of total assets at the beginning and end of the fiscal year