Management with an Awareness of Cost of Capital and Share Price, and Measures to Improve PBR
First written in FY2024-Q1. 4 of 5 entries say "Advanced", first in FY2025. Latest entry: 2026-09-15.
31 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Matters relating to the formulation of business, financial and non-financial strategies and plans, and the confirmation of progress, concerning the response to achieving management conscious of the cost of capital and share price」
Regarding management conscious of the cost of capital and share price, the Company has incorporated business, financial and non-financial strategies and progress reviews into matters deliberated and reported to the Board of Directors. - FY2024-Q1First statedAnnual report
「As part of the financial strategy for the measures aimed at achieving the long-term vision of our medium-term management plan, namely management focused on capital efficiency with ROE of 9% or more and ROA of 5% or more, and the currently formulated response to achieving management conscious of the cost of capital and share price, including improving PBR, this is being implemented to enable improvements in capital efficiency, the return of profits to shareholders and the flexible execution of capital policy.」
As a purpose of the share buyback, the Company has for the first time explicitly identified, in addition to its existing ROE and ROA targets, management conscious of the cost of capital and share price and measures to improve PBR as financial strategies currently being formulated.