ROE and PBR Improvements under Management Focused on Cost of Capital and Share Price
First written in FY2024. 4 of 5 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
31 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As part of its organizational culture reforms, the Company is introducing a new ROIC target, further raising awareness of the cost of capital and strengthening initiatives to improve capital profitability.」
With regard to management focused on the cost of capital, the Company introduced ROIC as a management metric under its medium-term management plan and disclosed actual ROIC of 6.3% for the fiscal year ending March 2026 and a target of 7% for the fiscal year ending March 2029. - FY2026-H1AdvancedAnnual report
「As part of its organizational culture reforms, the Company will introduce a new ROIC target, further raise awareness of the cost of capital and strengthen initiatives to improve capital profitability. ”ROIC (operating profit after tax / invested capital): 7%”」
With regard to management focused on the cost of capital, the Company introduced ROIC as a new target metric and set a target of 7% for the fiscal year ending March 2029. - FY2024First statedAnnual report
「We recognize that the cost of shareholders' equity is approximately 6%. Although we have achieved an ROE above this level, we believe it is important to restore ROE to at least 8% at an early stage.」
The Company set out management with a focus on the cost of capital and share price as an independent initiative, and for the first time explicitly stated its policy of improving ROE and PBR through three measures: improving profitability and efficiency, updating its balance sheet policy, and strengthening IR and corporate governance.