Medium-Term Management Plan 2025: Investment and Capital Allocation Plan
First written in FY2022. 1 of 2 entries say "Raised", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2024: 5 of 43 companies on the "Worse" side.
2 other companies' latest entry also says "Raised".
- FY2025RaisedAnnual report
「Assuming a D/E ratio of no more than 1.8x at the end of FY2030, the plan calls for net investment of ¥1.0 trillion. Gross investment will be ¥3.8 trillion, of which ¥3.5 trillion will be invested in asset-utilization urban development and strategic investment businesses. As target returns for the asset-utilization businesses, the company aims for an NOI yield of around 5.0% for its hold-type businesses and an IRR of around 8.0% for its rotation-type businesses. The stated investment amounts are cumulative figures for FY2025 through FY2030.」
The company expanded its plan from net investment of ¥570 billion and gross investment of ¥2.2 trillion to net investment of ¥1.0 trillion and gross investment of ¥3.8 trillion, while increasing the allocation to urban development and strategic investments and the target IRR for its rotation-type businesses. - FY2022First statedAnnual report
「Assuming a D/E ratio of no more than 2.2x at the end of FY2025, the plan calls for net investment of ¥570 billion. Gross investment will be ¥2.2 trillion, of which ¥2.0 trillion will be invested in asset-utilization urban development and strategic investment businesses. As target returns for the asset-utilization businesses, the company aims for an NOI yield of around 5.0% for its hold-type businesses and an IRR of around 6.5% for its rotation-type businesses.」
The company presented a five-year capital allocation plan for FY2021 through FY2025, comprising ¥570 billion in net investment and ¥2.2 trillion in gross investment, of which ¥2.0 trillion will be allocated to urban development and strategic investments.