Action Plan to Improve PBR
First written in FY2023. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
28 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「As announced in the “Action Plan 2025 for Improving the Price-to-Book Ratio,” published on 13 May 2025, the company has set a target of maintaining a payout ratio of at least 40% in fiscal 2024 and fiscal 2025 and a total payout ratio of approximately 70% on a cumulative basis for fiscal 2023–2025, thereby further enhancing stable shareholder returns.」
Specific targets for the dividend payout ratio and total shareholder return ratio were established as measures to enhance shareholder returns under the PBR Improvement Action Plan 2025. - FY2023First statedAnnual report
「Based on the request from the Tokyo Stock Exchange on 31 March 2023, “Actions to Achieve Management That Is Conscious of Capital Costs and Stock Prices,” the Company formulated an action plan to improve its PBR. Through steady implementation, the Company aims to achieve sustainable growth and enhance corporate value over the medium to long term.」
An action plan to improve PBR was disclosed for the first time as a measure to address management that is conscious of capital costs and stock prices.