Managing Business-Level Profitability and Investment Decisions Through the Introduction of ROIC
First written in FY2021. 3 of 5 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2021: 3 of 11 companies on the "Worse" side.
19 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Rather than pursuing uniform business expansion in every region, we will scrutinize the viability of each business by region from the perspectives of profitability, investment recovery, and ROIC, and improve the soundness of our business portfolio through rigorous selection and concentration.」
The company is putting ROIC-based management into practice by linking it with regional selection in overseas businesses and the Investment and Financing Committee’s investment criteria, effectiveness reviews, and withdrawal criteria. - FY2025AdvancedAnnual report
「In the Fifth Medium-Term Business Plan, we have identified rebuilding our management foundation as the highest-priority issue. We are promoting ROIC-based management and management that takes the cost of capital into account through the establishment of an Investment and Financing Committee, while also working to strengthen our governance structure.」
The company is translating its policy of introducing ROIC into the operation of investment criteria, investment effectiveness reviews, and withdrawal criteria through the Investment and Financing Committee, and is advancing investment decision management that takes the cost of capital into account. - FY2024AdvancedAnnual report
「By further strengthening governance over investment and financing decisions through this committee, we will maximize the effectiveness of investments, improve our financial position while achieving growth, and promote the wider adoption and enhancement of ROIC-based management and stronger risk management.」
The company linked the wider adoption and enhancement of ROIC-based management with the investment criteria, probability assessment, post-execution monitoring, and withdrawal criteria of the Investment and Financing Committee, scheduled to be established in July 2024. - FY2022-Q2RestatedAnnual report
「We will continue to promote management that is more conscious of the cost of capital and returns on capital, with the aim of strengthening our financial position and achieving sustainable growth.」
The company reaffirmed its policy of continuing management focused on the cost of capital and returns on capital, while strengthening its financial position and pursuing sustainable growth. - FY2021First statedAnnual report
「To promote management that is more conscious of the cost of capital and returns on capital, the company introduced ROIC as one of its internal management metrics for evaluating profitability by business and setting investment decision criteria.」
The company newly announced a policy of introducing ROIC as an internal management metric for evaluating profitability by business and making investment decisions.