Improving Capital Efficiency and Corporate Value Through the Introduction of ROIC
First written in FY2021. 3 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 7 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a company-wide initiative, we are also creating ROIC trees by business and managing targets using ROIC indicators. We will use these initiatives to improve capital profitability.」
The company progressed from a policy of introducing ROIC to the implementation stage of creating ROIC trees by business and managing targets using ROIC indicators. - 2026-05-01AdvancedGeneral Meetings of Shareholders
「As a group-wide initiative, we are also creating ROIC trees for each business and managing targets using ROIC metrics.」
The ROIC initiative has progressed to the operational stage, with ROIC trees being created for each business and targets being managed accordingly. - FY2024AdvancedAnnual report
「Numerical management targets for fiscal 2026 under the Tenth Medium-Term Management Plan: net sales: ¥3.8 billion; operating income: ¥270 million; ordinary income: ¥300 million; ROE: approximately 8%; consolidated dividend payout ratio: 30% or more; MGS products as a percentage of net sales: 40%.」
Following the policy of introducing ROIC, numerical targets for capital profitability, including an ROE of approximately 8%, were set under the Tenth Medium-Term Management Plan. - FY2021First statedAnnual report
「To date, we have focused on return on assets (ROA) and return on equity (ROE) as management indicators. By newly adopting return on invested capital (ROIC), we aim to use capital, a limited management resource, more effectively and further enhance corporate value.」
In addition to ROA and ROE, ROIC was introduced as a new indicator, and the policy of improving capital efficiency and corporate value was presented for the first time.