Selective Investment Based on Return on Invested Capital and Investment Payback Period
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 3 of 11 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As investment discipline for long-term growth and improved total asset turnover, we will set return on invested capital and payback periods according to risk and strategic importance rankings and select investments carefully.」
It reconfirms the policy of selecting investments carefully based on return on invested capital and payback periods. - FY2025RestatedAnnual report
「As investment discipline for long-term growth and improved total asset turnover, we will set return on invested capital and payback periods according to risk and strategic importance rankings and select investments carefully.」
It reconfirms the policy of selecting investments carefully based on return on invested capital and payback periods. - FY2018RestatedAnnual report
「As investment discipline for long-term growth and improved total asset turnover, we will set return on invested capital and payback periods according to risk and strategic importance rankings and select investments carefully.」
The policy of selecting investments carefully based on return on invested capital and payback periods continues. - FY2017First statedAnnual report
「As investment discipline for long-term growth and improved total asset turnover, we will set return on invested capital and payback periods according to risk and strategic importance rankings and select investments carefully.」
This is the first explicit statement of an investment approval policy based on return on invested capital and payback periods.