Items stated in the management plan
FormulatedEach line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).
Against the backdrop of recent performance trends amid major changes in the external environment, ROE has remained below 5% for 3 consecutive fiscal years, while PBR has also continued to stay below 1x. In light of this situation, the company will partially reconsider its growth strategy and work to restructure its businesses to improve expected rates of return, establish a foundation for sustainable growth in corporate value, and promptly improve ROE and PBR.
| Item | Details |
|---|---|
| Plan name | Basic Policy for PEGASUS's New Medium-Term Management Plan |
| Progress against the plan | Formulated |
| ROE target | Most recent results: below 5% for 3 consecutive fiscal years → More than 9% (early achievement) |
| Payout ratio / DOE policy | Shareholder returns based on balance sheet management rather than the conventional payout ratio. The applicable period is Not disclosed. |
| Self-assessment of PBR and share price | PBR has continued to remain below 1x. The company aims to achieve PBR of more than 1x at an early stage. |
| Investment amount by sector | Field Investment in human resources that contribute to executing the strategy / Amount Not disclosed |
| Key initiatives | Expand market share in export garment manufacturing*1, Develop the market for domestic-demand garment manufacturing*2 in emerging economies, Further advance the production system, Strengthen sales to expand revenue, Reduce costs through productivity improvements, Launch high-value-added products using special casting, Reassess the cost of capital and introduce balance sheet management to minimize invested capital, Shareholder returns based on balance sheet management rather than the conventional payout ratio, Create an environment where people from diverse backgrounds can work with confidence, and invest in human resources that contribute to executing the strategy, Strengthen the governance structure to improve the effectiveness of the Board of Directors |
| Reason for revision or withdrawal | Against the backdrop of recent performance trends amid major changes in the external environment, ROE has remained below 5% for 3 consecutive fiscal years, while PBR has also continued to stay below 1x. In light of this situation, the company will partially reconsider its growth strategy and work to restructure its businesses to improve expected rates of return, establish a foundation for sustainable growth in corporate value, and promptly improve ROE and PBR. |
| Date of board resolution | 13 May 2026 |
| Publication date | 13 May 2026 |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Against the backdrop of recent performance trends amid major changes in the external environment, ROE has remained below 5% for 3 consecutive fiscal years, while PBR has continued to stay below 1x. The company explains that it needs to partially reconsider its growth strategy, restructure its businesses to improve expected rates of return, and establish a foundation for sustainable growth in corporate value.