Return on Total Capital of at Least 20%
First written in FY2018. 1 of 2 entries say "Dropped", first in FY2019. Latest entry: FY2019.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「The group places importance on adjusted EBITDA and adjusted EBITDA margin as useful indicators for assessing its business performance.」
The target of a return on total capital of 20% or more set in the previous fiscal year is not stated in this filing. Instead, it presents a policy of emphasizing adjusted EBITDA and its margin. - FY2018First statedAnnual report
「From the perspective that generating returns efficiently on invested capital is necessary for sustained improvement in corporate value, we will make investments with the return on total capital in mind. As consumer needs diversify and the pace at which food-service formats become obsolete tends to accelerate, we will manage the business with particular attention to the payback period for store investments. Specifically, we aim to achieve a return on total capital of 20% or more over the medium to long term.」
It has set a target of a return on total capital of 20% or more, linked to an investment policy that emphasizes payback periods.