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Ichibanya Co (TSE:7630) ROE % : 13.23% (As of Nov. 2023)


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What is Ichibanya Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ichibanya Co's annualized net income for the quarter that ended in Nov. 2023 was 円4,080 Mil. Ichibanya Co's average Total Stockholders Equity over the quarter that ended in Nov. 2023 was 円30,845 Mil. Therefore, Ichibanya Co's annualized ROE % for the quarter that ended in Nov. 2023 was 13.23%.

The historical rank and industry rank for Ichibanya Co's ROE % or its related term are showing as below:

TSE:7630' s ROE % Range Over the Past 10 Years
Min: 5.69   Med: 9.65   Max: 12.39
Current: 8.76

During the past 13 years, Ichibanya Co's highest ROE % was 12.39%. The lowest was 5.69%. And the median was 9.65%.

TSE:7630's ROE % is ranked better than
50.61% of 330 companies
in the Restaurants industry
Industry Median: 8.27 vs TSE:7630: 8.76

Ichibanya Co ROE % Historical Data

The historical data trend for Ichibanya Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ichibanya Co ROE % Chart

Ichibanya Co Annual Data
Trend May15 May16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.68 5.69 9.65 8.34 8.74

Ichibanya Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.59 11.62 7.02 13.23 3.21

Competitive Comparison of Ichibanya Co's ROE %

For the Restaurants subindustry, Ichibanya Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ichibanya Co's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ichibanya Co's ROE % distribution charts can be found below:

* The bar in red indicates where Ichibanya Co's ROE % falls into.



Ichibanya Co ROE % Calculation

Ichibanya Co's annualized ROE % for the fiscal year that ended in Feb. 2024 is calculated as

ROE %=Net Income (A: Feb. 2024 )/( (Total Stockholders Equity (A: Feb. 2023 )+Total Stockholders Equity (A: Feb. 2024 ))/ count )
=2685.925/( (30571.525+30920.79)/ 2 )
=2685.925/30746.1575
=8.74 %

Ichibanya Co's annualized ROE % for the quarter that ended in Nov. 2023 is calculated as

ROE %=Net Income (Q: Nov. 2023 )/( (Total Stockholders Equity (Q: Aug. 2023 )+Total Stockholders Equity (Q: Nov. 2023 ))/ count )
=4080.228/( (30949.417+30739.947)/ 2 )
=4080.228/30844.682
=13.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Nov. 2023) net income data. ROE % is displayed in the 30-year financial page.


Ichibanya Co  (TSE:7630) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Nov. 2023 )
=Net Income/Total Stockholders Equity
=4080.228/30844.682
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4080.228 / 57432.48)*(57432.48 / 43474.7485)*(43474.7485 / 30844.682)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.1 %*1.3211*1.4095
=ROA %*Equity Multiplier
=9.38 %*1.4095
=13.23 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Nov. 2023 )
=Net Income/Total Stockholders Equity
=4080.228/30844.682
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4080.228 / 6042.204) * (6042.204 / 5703.456) * (5703.456 / 57432.48) * (57432.48 / 43474.7485) * (43474.7485 / 30844.682)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6753 * 1.0594 * 9.93 % * 1.3211 * 1.4095
=13.23 %

Note: The net income data used here is four times the quarterly (Nov. 2023) net income data. The Revenue data used here is four times the quarterly (Nov. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Ichibanya Co ROE % Related Terms

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Ichibanya Co (TSE:7630) Business Description

Traded in Other Exchanges
Address
6-12-23 Mitsui, Ichinomiya shi, Aichi, JPN
Ichibanya Co Ltd owns, operates, and franchises CoCo Ichibanya and other restaurants, primarily in Japan. Nearly all Ichibanya's restaurants operate under the brand name CoCo Ichibanya, which specializes in curry dishes and has more than 1,000 locations in Japan and more than 150 locations in other Asian countries and the United States. Other restaurant brands that Ichibanya operates and franchises in Japan include Pasta de CoCo, Menya CoCo Ichi, and Nikkui Tei. Nearly 90% of the company's revenue is generated in Japan.

Ichibanya Co (TSE:7630) Headlines

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