Growth investment exceeding the cost of capital and capital management focused on asset efficiency and financial soundness
First written in FY2019. 2 of 8 entries say "Advanced", first in FY2025. Latest entry: FY2026.
13 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「ROIC 7.5 7.5 ROE 8.7 9.2」
The policy focused on growth investment exceeding the cost of capital, asset efficiency and financial soundness continued. ROIC was flat at 7.5%, while ROE improved from 8.7% to 9.2%, but the GS26 targets of at least 10% for ROIC and at least 10% for ROE were not met. - FY2025AdvancedAnnual report
「ROIC 7.1 7.5 ROE 8.7 8.7」
The capital management policy focused on growth investment exceeding the cost of capital, asset efficiency and financial soundness continued, and ROIC improved from 7.1% to 7.5%. ROE was 8.7%, below the GS26 target of at least 10%. - FY2024ROIC and ROE Improved but Targets Were Not MetAnnual report
「ROIC was 7.1%, compared with 6.8%, and ROE was 8.7%, compared with 8.4%.」
The capital management policy focused on growth investment exceeding the cost of capital, asset efficiency and financial soundness continued, and both ROIC and ROE improved from the previous fiscal year. However, the GS26 targets of at least 10% for ROIC and at least 10% for ROE have not been met. - FY2023ROIC and ROE DeclinedAnnual report
「ROIC was 6.8%, compared with 7.4%, and ROE was 8.4%, compared with 9.5%.」
The capital management policy focused on growth investment exceeding the cost of capital, asset efficiency and financial soundness continued, while both ROIC and ROE declined from the previous fiscal year and fell below the GS26 targets of at least 10% for ROIC and at least 10% for ROE. - FY2022ROE Target Remains UnmetAnnual report
「ROIC was 7.2%, compared with 7.4%, and ROE was 9.6%, compared with 9.5%.」
The capital management policy focused on growth investment exceeding the cost of capital, asset efficiency and financial soundness continued, while ROE declined from 9.6% in the previous fiscal year to 9.5%, below the GS26 target of at least 10%. - FY2021Decline in ROEAnnual report
「Profit attributable to owners of the parent as a percentage of equity 11.7 % 9.6 %」
The capital management policy focused on growth investment exceeding the cost of capital, asset efficiency and financial soundness continued, but ROE declined from 11.7% in the previous fiscal year to 9.6%. - FY2020RestatedAnnual report
「To enhance corporate value, the Group pursues growth investment opportunities that exceed the cost of capital and has adopted as its basic capital management policy the improvement of asset efficiency through business operation improvements and the establishment of an appropriate capital structure that also takes financial soundness into account.」
The capital management policy focused on growth investment exceeding the cost of capital, asset efficiency, financial soundness, ROE and EPS continued. ROE was 11.7% in FY2020. - FY2019First statedAnnual report
「As its basic capital policy, the Group states that it aims to improve return on equity (ROE) and grow earnings per share (EPS) by improving asset efficiency through measures such as business operation improvements and establishing an appropriate capital structure that also takes financial soundness into account.」
The Group newly set out a basic capital policy that considers growth investment opportunities, asset efficiency, financial soundness, and improvements in ROE and EPS in an integrated manner.