Maximizing Enterprise Value Through Debt and Capital Optimization
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: 2026-04-14.
The whole theme swung hardest in 2017: 3 of 14 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- 2026-04-14AdvancedResults presentation
「The decline in pre-tax WACC to 8.5% expanded the ROIC spread to a positive 15.8%, increasing corporate value.」
Progress in management with awareness of the cost of capital was shown using actual WACC, ROIC spread and PBR figures. - FY2024RestatedAnnual report
「To achieve sustainable growth, the Group manages its capital with the aim of maximizing enterprise value through the optimization of debt and capital.」
The company continues to pursue the maximization of enterprise value through the optimization of debt and capital, together with a capital management policy using the net debt-to-equity ratio and other metrics. - FY2020RestatedAnnual report
「The Group manages its capital with the aim of maximizing enterprise value through the optimization of debt and capital while achieving sustainable growth.」
The company continues to pursue the maximization of enterprise value through the optimization of debt and capital, together with a capital management policy using the net debt-to-equity ratio and other metrics. - FY2019First statedAnnual report
「The Group manages its capital with the aim of maximizing enterprise value through the optimization of debt and capital while achieving sustainable growth.」
The company provided its first explicit statement of its capital management approach using the net debt-to-equity ratio and the net interest-bearing debt-to-cash-flow multiple.