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Career Design Center Co (TSE:2410) ROE % : 22.41% (As of Sep. 2024)


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What is Career Design Center Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Career Design Center Co's annualized net income for the quarter that ended in Sep. 2024 was 円929 Mil. Career Design Center Co's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was 円4,146 Mil. Therefore, Career Design Center Co's annualized ROE % for the quarter that ended in Sep. 2024 was 22.41%.

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

TSE:2410' s ROE % Range Over the Past 10 Years
Min: -9.37   Med: 23.99   Max: 33.75
Current: 24.01

During the past 13 years, Career Design Center Co's highest ROE % was 33.75%. The lowest was -9.37%. And the median was 23.99%.

TSE:2410's ROE % is ranked better than
85.53% of 1030 companies
in the Business Services industry
Industry Median: 8.55 vs TSE:2410: 24.01

Career Design Center Co ROE % Historical Data

The historical data trend for Career Design Center 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.

Career Design Center Co ROE % Chart

Career Design Center Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.37 26.12 22.97 33.75 25.01

Career Design Center Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 29.70 18.25 26.93 22.41 27.20

Competitive Comparison of Career Design Center Co's ROE %

For the Staffing & Employment Services subindustry, Career Design Center 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.


Career Design Center Co's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Career Design Center Co's ROE % distribution charts can be found below:

* The bar in red indicates where Career Design Center Co's ROE % falls into.



Career Design Center Co ROE % Calculation

Career Design Center Co's annualized ROE % for the fiscal year that ended in Sep. 2024 is calculated as

ROE %=Net Income (A: Sep. 2024 )/( (Total Stockholders Equity (A: Sep. 2023 )+Total Stockholders Equity (A: Sep. 2024 ))/ count )
=984.351/( (3933.405+3939.451)/ 2 )
=984.351/3936.428
=25.01 %

Career Design Center Co's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=929.26/( (4352.577+3939.451)/ 2 )
=929.26/4146.014
=22.41 %

* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Career Design Center Co  (TSE:2410) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=929.26/4146.014
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(929.26 / 17578.516)*(17578.516 / 7152.8745)*(7152.8745 / 4146.014)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.29 %*2.4575*1.7252
=ROA %*Equity Multiplier
=13 %*1.7252
=22.41 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=929.26/4146.014
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (929.26 / 1350.624) * (1350.624 / 1344.58) * (1344.58 / 17578.516) * (17578.516 / 7152.8745) * (7152.8745 / 4146.014)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.688 * 1.0045 * 7.65 % * 2.4575 * 1.7252
=22.41 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Career Design Center Co ROE % Related Terms

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Career Design Center Co Business Description

Traded in Other Exchanges
N/A
Address
3-21-20 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Career Design Center Co Ltd is a Japan-based company mainly engaged in the provision of human resources service. It operates career information site that offers outplacement services, searching and matching capabilities for jobs, and career services for woman, engineers and consultants.

Career Design Center Co Headlines

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