New structural reforms focused on the cost of capital
First written in FY2024. 1 of 4 entries say "Restated". Latest entry: FY2026.
Hayashikane Sangyo moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2021: 4 of 13 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Under the new medium-term management plan Challenge 2028, following the strengthening of financial soundness through the previous fiscal year, the Company will shift from the current fiscal year toward management with a stronger focus on the cost of capital. Through the “selection and concentration” of its business portfolio, it will pursue three key strategies — strengthening shareholder returns, improving profitability (ROIC) and strengthening human capital investment — to enhance corporate value over the medium to long term.」
The framework was restructured from Challenge 2026, which focused on financial soundness and structural reform, to key strategies centred on the cost of capital, portfolio selection, shareholder returns, ROIC and human capital investment. - FY2025AdvancedAnnual report
「In the consolidated fiscal year, the first year of the medium-term management plan, the Group exceeded its targets in sales and profit by expanding feed exports and implementing price revisions in response to higher raw material and energy costs.」
The Company states that, in the first year of the new structural reforms, it achieved revenue and profit above plan through expanded feed exports and price revisions. - FY2025-H1RestatedAnnual report
「Building on the results of previous medium-term management plans, the Company will implement what it calls “new structural reforms,” including management with a focus on the cost of capital, a review of its earnings structure, optimisation of its production system and facilities, continued stable dividends and investment for the future.」
The Company continues to pursue structural reform measures including management with a focus on the cost of capital, optimisation of its earnings structure, production system and facilities, stable dividends and investment for the future. - FY2024First statedAnnual report
「Building on the results of previous medium-term management plans, the Company will implement what it calls “new structural reforms,” including management with a focus on the cost of capital, a review of its earnings structure, optimisation of its production system and facilities, continued stable dividends and investment for the future.」
As measures for implementing Challenge 2026, the Company newly listed management with a focus on the cost of capital, a review of its earnings structure, optimisation of its production system and facilities, stable dividends and investment for the future.