Target ROE of 8% and PBR of 1x in 3 Years
First written in FY2022. 3 of 7 entries say "Advanced", first in FY2023. Latest entry: FY2026.
8 other companies' latest entry also says "Other".
- FY2026ROE achieved, PBR not achievedAnnual report
「In Japan, an ROE of 8% is widely regarded as one benchmark. The Group had long remained below that level, but gradually improved. ROE was below 8% in the previous consolidated fiscal year but cleared the benchmark in the current consolidated fiscal year.」
ROE was 9.87%, exceeding the 8% benchmark. PBR, however, was 0.78x, below 1x, and the Company continues its improvement efforts as the initial targets for both ROE and PBR have not been reached. - FY2024AdvancedAnnual report
「In Japan, an ROE of 8% is widely regarded as one benchmark. The Group had long remained below that level, but has gradually improved and cleared the benchmark in the current consolidated fiscal year.」
ROE rose from 7.70% in the previous fiscal year to 9.48%, clearing the 8% benchmark. PBR also improved from 0.56x to 0.84x, but remained below 1x, and the policy of raising both ROE and PBR remains in place. - FY2023AdvancedAnnual report
「Under the medium-term management plan SHINE2024, which ends in the fiscal year ending March 2025, the Group is working to gradually raise both ROE and PBR through initiatives to improve performance, strengthen investor relations activities and provide appropriate shareholder returns.」
Against the targets of ROE of 8% and PBR of 1x in 3 years, ROE was 7.70% and PBR was 0.56x for the fiscal year ended March 2023. ROE improved from 5.45% and PBR from 0.42x in the previous fiscal year, but both remained below the target levels. - FY2022First statedAnnual report
「・Target figures in 3 years: return on equity (ROE) of 8% and price-to-book ratio (PBR) of 1x」
The new three-year medium-term management plan specified, for the first time, ROE of 8% and PBR of 1x as financial targets for 3 years from now.