Capital-Efficiency Management Using Business-Specific WACC and ROIC Spreads
First written in FY2024. 3 of 4 entries say "Advanced", first in FY2025. Latest entry: 2026-06-29.
The whole theme swung hardest in 2021: 4 of 10 companies on the "Worse" side.
23 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「事業別WACC（加重平均資本コスト）及び事業別ROIC目標（ROICスプレッド）を運用し、“大胆施策”を実行することによりポートフォリオマネージメントを強化するとともに、以下の重点施策を実行してまいります。」
事業別WACC・ROICスプレッドの運用を25中計のポートフォリオ管理に組み込み、社外知見を使う大胆施策と結び付けている。 - FY2024First statedAnnual report
「After setting business-specific WACC targets and business-specific ROIC targets, or ROIC spreads, we will promote awareness of corporate value enhancement and internal adoption of ROIC, set indicators required to improve ROIC and take action at each site and group company, including through ROIC trees, and introduce efficiency indicators such as ROIC into the performance measures for executive directors responsible for business execution and senior executive officers.」
The company newly specified capital-efficiency management combining ROIC targets above business-specific WACC, ROIC trees and the introduction of ROIC into performance measures for management.