Strengthening the Financial Position
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 8 of 30 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「ROE is 13%, exceeding the Company's stipulated cost of capital of 9%, while PBR is 1.1 times, indicating that the Company is securing profitability from the perspective of capital efficiency.」
The Company achieved ROE of 13% against a cost of capital of approximately 9% and specifically assessed and disclosed its capital efficiency. - 2026-06-04AdvancedGeneral Meetings of Shareholders
「We will continue optimizing our business portfolio and allocating management resources efficiently. By making focused investments in growth areas using profits generated by existing businesses, we aim to establish a sustainable earnings base.」
The company reaffirmed its policy of restructuring its business portfolio and allocating resources by making focused investments in growth areas using profits from existing businesses. - FY2025AdvancedAnnual report
「Assuming that the Company's cost of capital is approximately 9%, and taking into account its historical ROE levels and the business plan under the Medium-Term Vision 2027, the Company set a target ROE of 12% or higher for the fiscal year ending March 2028.」
Strengthening the financial position was developed into a specific financial strategy comprising analysis of the approximately 9% cost of capital, a target ROE of 12% or higher, and balancing investment with shareholder returns. - FY2024RestatedAnnual report
「The Group will focus on consolidating its foundation for the next stage of growth and expansion, concentrating its limited management resources on key growth initiatives.」
The Group continues to pursue the concentration of resources on growth initiatives and the strengthening of its financial and business foundations as the basic policies of its Medium-Term Vision. - FY2021RestatedAnnual report
「The entire Hokuetsu Kogyo Group is working on initiatives including thorough implementation of its quality and environmental policies, strengthening its financial position, developing and utilising human resources, sharing information through ICT, establishing a corporate governance framework and strengthening compliance, with the aim of ensuring the achievement of its Medium-Term Vision, looking three years ahead, and pursuing sustained growth in corporate value.」
The Group continues to pursue a Medium-Term Vision looking three years ahead, including strengthening its financial position. - FY2019RestatedAnnual report
「The entire Hokuetsu Kogyo Group is also working on initiatives including thorough implementation of its quality and environmental policies, strengthening its financial position, developing and utilising human resources, sharing information through ICT, establishing a corporate governance framework and strengthening compliance, with the aim of ensuring the achievement of its Medium-Term Vision, looking three years ahead, and pursuing sustained growth in corporate value.」
The Group continues to pursue a Medium-Term Vision looking three years ahead, including strengthening its financial position. - FY2018RestatedAnnual report
「The entire Hokuetsu Kogyo Group is also working on initiatives including thorough implementation of its quality and environmental policies, strengthening its financial position, developing and utilising human resources, sharing information through ICT, establishing a corporate governance framework and strengthening compliance, with the aim of ensuring the achievement of its Medium-Term Vision, looking three years ahead, and pursuing sustained growth in corporate value.」
The Group continues to pursue a Medium-Term Vision looking three years ahead, including strengthening its financial position. - FY2017First statedAnnual report
「The Group will ensure the achievement of its Medium-Term Vision, looking three years ahead, through thorough implementation of its quality and environmental policies, strengthening its financial position, developing and utilising human resources, sharing information through ICT, establishing a corporate governance framework and strengthening compliance, thereby pursuing sustained growth in corporate value.」
Strengthening the financial position is identified as a component of the Medium-Term Vision looking three years ahead.