Implementing Management Focused on the Cost of Capital and Share Price and Linking It to the Next Medium-Term Plan
First written in FY2024. 3 of 5 entries say "Restated". Latest entry: FY2026.
17 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company believes these initiatives will enhance corporate value, lead to sustainable growth and, as a result, improve the share price, which has remained low with a PBR below 1x.」
The company continues to pursue the improvement of a share price with a PBR below 1x through future investment and corporate value enhancement. - FY2025AdvancedAnnual report
「The company will also actively invest in its strategic future and firmly lay the foundations for the future. It believes these initiatives will enhance corporate value, lead to sustainable growth and, as a result, improve the share price, which has remained low with a PBR below 1x.」
Regarding management that is conscious of the cost of capital and share price, the company links its view that future investment and corporate value enhancement under CONNECT30 will improve the share price, which has a PBR below 1x, to a specific medium-term plan extending through 2030. - FY2024First statedAnnual report
「The challenge in fulfilling this philosophy is achieving management that is conscious of the cost of capital and share price. Last year, despite the company's strong reluctance, its listing changed from the Prime Market to the Standard Market. The major factor was its low market capitalization, reflected in a share price that remained low, with a PBR below 1x. …In 2024, the following fiscal year, the company will work on how to carry this forward into the next medium-term plan as the final year of the current second medium-term management plan CONNECT25. It will also formulate specific measures addressing the above challenge during fiscal 2024.」
The company newly identified management that is conscious of the cost of capital and share price as a management issue, and, against the backdrop of a PBR below 1x, indicated a policy of formulating specific measures during fiscal 2024, the final year of CONNECT25, and linking them to the next medium-term plan.