Maintaining sufficient shareholders’ equity and stably maintaining and improving business efficiency and profitability
First written in FY2017. 2 of 3 entries say "Reframed", first in FY2021. Latest entry: FY2024.
SHO-BOND Holdings moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 10 of 43 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「The Medium-Term Management Plan 2027 sets out "enhancing corporate value by pursuing both business potential and social value" as its basic policy. The Group will further strengthen its non-financial capital and link this to higher corporate value.」
The previous emphasis on shareholders' equity and profitability has been reframed in the new medium-term management plan as enhancing corporate value by balancing business potential and social value, and strengthening non-financial capital. - FY2021ReframedAnnual report
「Under its basic policy of "perfecting what makes SHOBOND unique," the Group will work toward sustained profit growth and increased corporate value. It also identifies "balancing profitability and financial soundness with enhanced shareholder returns" as a priority.」
The previous goals of maintaining sufficient shareholders' equity and stable profitability have been reframed in the new medium-term management plan as balancing profit growth, financial soundness and shareholder returns, and have been linked to quantitative targets including ROE of at least 12%. - FY2017First statedAnnual report
「The Group will maintain sufficient shareholders' equity to capture these activities and business opportunities in a timely, prompt and reliable manner, and will improve business efficiency by appropriately allocating management resources. Profitability is already at a high level, and the Group will continue implementing various initiatives to maintain this level steadily while seeking further improvement.」
The Group states its goals of maintaining sufficient shareholders' equity, appropriately allocating management resources, and steadily maintaining and improving profitability.