Achieving Management Conscious of Cost of Capital and Share Price
First written in FY2025-H1. 1 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
5 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Under the Ninth Medium-Term Management Plan, the company set the following targets for the fiscal year ending March 2029: sales of ¥12.5 billion or more, an operating margin of 6.5% or more, ROE of 10.0% or more, and DOE of 5.0% or more. It aims to eliminate a PBR below 1x as a mandatory target and achieve further improvement.」
Regarding management that takes capital costs and the share price into account, the company raised targets such as ROE and DOE under the Ninth Medium-Term Management Plan and explicitly designated the elimination of a PBR below 1x as a mandatory target. - FY2026-H1RestatedAnnual report
「The company is also focusing on implementing measures aimed at achieving management that takes capital costs and the share price into account.」
Under the Eighth Medium-Term Management Plan, the company continues to implement management that takes capital costs and the share price into account. - FY2025AdvancedAnnual report
「To improve PBR (price-to-book ratio), we aim to improve ROE (return on equity) and PER (price-to-earnings ratio) by implementing the following 4 measures, including initiatives addressing this issue, and to raise PBR (= ROE × PER): a. Improve ROE by expanding growth businesses and establishing new earnings foundations; b. Improve ROE by reviewing capital policies; c. Improve PER by advancing non-financial strategies; d. Improve PER by strengthening investor relations activities.」
Regarding management that takes capital costs and the share price into account, the company broke down PBR into ROE × PER and translated this into 4 specific measures: growth businesses, capital policies, non-financial strategies and investor relations activities. - FY2025-H1First statedAnnual report
「With the aim of “continuing to provide valuable technologies and services as a digital services company,” the group continues to implement the basic policies of its medium-term management plan while responding to “initiatives toward management that is conscious of the cost of capital and share price,” based on the Eighth Medium-Term Management Plan.」
In executing the Eighth Medium-Term Management Plan, the company newly set out measures aimed at achieving management that takes capital costs and the share price into account.