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Nitten (2108) · InitiativeAdvanced

Enhancing Corporate Value Through Management Focused on the Cost of Capital and Share Price

First written in FY2024-Q1. 5 of 9 entries say "Advanced", first in FY2024. Latest entry: 2026-08-10.

9entries
4years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2024-Q1 – FY2024-Q2AdvancedFY2024 – FY2025RestatedFY2026-H1 – 2026-05-132023: 220232024: 220242025: 220252026: 32026
Same theme, other companies
Enhancing Capital Efficiency and Shareholder Returns with an Awareness of Cost of Capital and Share PriceA theme 106 companies write about · 1 as a headwind · 106 as a tailwind

The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.

42 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 106 companies compared. The sentences above are computed from all 106.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-10AdvancedRevisions to earnings forecasts

    「This will be carried out in accordance with the policy of reducing cross-held shares under the Second Medium-Term Management Plan, in order to improve the efficiency of held assets.」

    The Company has specified a plan to improve the efficiency of held assets through the sale of cross-held shares, involving 6 securities and expected gains on sale of ¥5,400 million. The original thread will not be changed.
  2. FY2026AdvancedAnnual report

    「We have changed our dividend policy for shareholders from "dividends of at least ¥80 per share" to "a dividend on equity (DOE) of approximately 4.0%" in order to review the level of shareholders' equity and further improve capital efficiency. We also intend to continue making flexible purchases of treasury shares.」

    Management conscious of the cost of capital and share price has been translated into specific measures: reviewing the level of shareholders' equity, returning capital based on DOE and continuing flexible purchases of treasury shares. During the fiscal year, the Company also recorded ¥8,070 million in proceeds from the sale of cross-shareholdings.
  3. 2026-05-13RestatedEarnings

    「Under these circumstances, the Company Group formulated the Second Nitten Group Medium-Term Management Plan (April 2023 to March 2028) and is working to further enhance corporate value by pursuing management that takes into account the cost of capital and share price.」

    Under the Second Medium-Term Management Plan, the Company has reaffirmed its efforts to pursue management conscious of the cost of capital and share price and to enhance corporate value.
  4. FY2026-H1RestatedAnnual report

    「Against this backdrop, the 日甜 Group formulated the Second 日甜 Group Medium-Term Management Plan (April 2023 to March 2028), setting out its aim to “create a sustainable beet industry and contribute to the realization of a safe, secure and happy society,” while working to further enhance corporate value in pursuit of management that is conscious of the cost of capital and share price.」

    Reaffirms the pursuit of management conscious of the cost of capital and share price, and initiatives to enhance corporate value, under the Second Medium-Term Management Plan.
  5. FY2025AdvancedAnnual report

    「We will allocate funds generated by reducing cross-shareholdings not only to capital expenditure but also to growth investments, while balancing these with enhanced shareholder returns, with the aim of improving capital efficiency.」

    The revised Medium-Term Management Plan specifies cash allocation and clarifies the policy of allocating funds from reducing cross-shareholdings to capital expenditure, growth investments and shareholder returns.
  6. FY2025-H1AdvancedAnnual report

    「Net income attributable to owners of the parent increased 366.7% year on year to ¥5,816 million, due to the sale of property, plant and equipment. Proceeds from the sale of property, plant and equipment: ¥8,734 million」

    Executed the sale of fixed assets, recording ¥8,734 million in proceeds and a ¥7,698 million gain on the sale of fixed assets. Measures related to improving capital efficiency and reviewing the business portfolio have been translated into actual asset sales.
  7. FY2024AdvancedAnnual report

    「We had been considering relocating our head office and acquiring replacement assets, but after considering improvements in capital efficiency based on a review of our business portfolio, including the real estate business, and our financial strategy, we will transfer this property.」

    In connection with the management policy focused on the cost of capital and share price, specifies the transfer of the head office building as a measure to review the business portfolio and financial strategy and improve capital efficiency.
  8. FY2024-Q2RestatedAnnual report

    「We are working to further enhance corporate value by pursuing management that is conscious of the cost of capital and share price.」

    Reaffirms the pursuit of management conscious of the cost of capital and share price, and initiatives to enhance corporate value, under the Second Medium-Term Management Plan.
  9. FY2024-Q1First statedAnnual report

    「We are also working to further enhance corporate value by pursuing management that is conscious of the cost of capital and share price.」

    For the first time this quarter, explicitly states the pursuit of management conscious of the cost of capital and share price, and initiatives to enhance corporate value, as a standalone management policy.
Moved together

"Share Repurchases as an Agile Capital Policy" moved the same way as this thread, in the same document, in 4 of its 9 moves.

444432★123456
  1. ★This thread
  2. 1Share Repurchases as an Agile Capital Policy4×
  3. 2Strategic Shareholdings Held to Facilitate Business and Financial Relationships4×
  4. 3Strengthening Cost Competitiveness4×
  5. 4Investment in Aging Equipment Replacement, Energy Conservation, Manufacturing Process Improvements and Quality Enhancement4×
  6. 5Commercialization of Biotechnology and Expansion of New and Existing Business Areas3×
  7. 6Stable dividends based on financial strength and business foundations2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Nitten yet. It last moved in the Revisions to earnings forecasts of 2026-08-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Enhancing Corporate Value Through Management Focused on the Cost of Capital and Share Price | Nitten Co.,Ltd. (2108) | Komori