Financial Positions
The Company has adopted International Financial Reporting Standards (IFRS) from the fiscal year ended December 31, 2020. Presentation of figures for the fiscal year ended December 31, 2019 in the chart also conforms to IFRS.
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Financial Positions
(bil.yen)
Japanese GAAP (*4) IFRS
2014/12 2015/12 2016/12 2017/12 2018/12 2019/12 2020/12 2021/12 (*5) 2022/12 (*5) 2023/12 (*5)
Total Assets 3,960.9 3,795.8 3,716.0 3,959.0 3,840.2 4,277.0 4,189.3 4,574.9 4,961.8 5,427.8
Total Liabilities 1,814.2 1,513.8 1,370.1 1,556.3 1,404.1 1,874.5 1,994.0 1,899.5 1,949.4 2,022.4
Total Equity 2,146.6 2,282.0 2,345.8 2,402.7 2,436.1 2,402.5 2,195.3 2,675.4 3,012.5 3,405.4
Ratio of equity attributable to owners of parent to total assets 52.4% 58.2% 61.5% 59.2% 61.9% 54.9% 51.3% 57.5% 59.8% 61.8%
ROIC (*2) - - - - - 7.4% 5.5% 9.0% 9.4% 8.7%
ROE (*3) 15.5% 13.3% 11.8% 12.5% 12.4% 10.0% -1.0% 12.9% 10.9% 10.4%
(*1) Ratio of equity attributable to owners of parent to total assets = Total equity attributable to owners of parent / Total assets
(*2) ROIC (Return on Invested Capital) = Adjusted operating profit after tax / Invested capital
(*3) ROE (Return on Equity) = Profit / ((Previous year-end total equity + current year-end total equity) /2)*100
(*4) Until 2018(J-GAAP): Total Assets, Liabilities, Net assets and Equity ratio(*)
 (*) Equity (Net assets - Share acquisition rights - Non-controlling interests) / Total assets
(*5) In accordance with the decisions of business transfer, the Company has classified its US building materials business, anti-vibration rubber business, and chemical products solutions business as discontinued operations.
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