Worth reading
33Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
10
ROE（％以上）Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedROE+0.6pt
基準 9.4Target10％
Each 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).
Statements about the use of capital
Payout ratio / DOE policy安定的な配当の継続を基本方針とし、株主還元を拡充する。2024年8月9日発表の「株主還元方針に関するお知らせ」の内容を適用するが、本書類では数値目標・対象期間はNot disclosed。The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Self-assessment of PBR and share price2024年6月末時点でもPBRは1.0倍未満で、企業価値が資産価値より低いと評価されている。2024年6月期のPBRは0.81倍。PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01成長戦略の実行による持続的な収益性の向上
02Enhancement of shareholder returns
03Advancing Sustainability Management
04Strengthening IR activities
| Item | Details |
|---|---|
| Progress against the plan | Formulated |
| ROE target | 9.4％（2024年6月期実績） → At least 10.0% |
| Payout ratio / DOE policy | 安定的な配当の継続を基本方針とし、株主還元を拡充する。2024年8月9日発表の「株主還元方針に関するお知らせ」の内容を適用するが、本書類では数値目標・対象期間はNot disclosed。 |
| Self-assessment of PBR and share price | 2024年6月末時点でもPBRは1.0倍未満で、企業価値が資産価値より低いと評価されている。2024年6月期のPBRは0.81倍。 |
| Key initiatives | 成長戦略の実行による持続的な収益性の向上, Enhancement of shareholder returns, Advancing Sustainability Management, Strengthening IR activities |
| Date of board resolution | 8 August 2024 |
| Publication date | 8 August 2024 |
Items this document does not state (18)
Plan namePlan periodSales TargetOperating profit targetOperating profit margin targetNet income targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsResults under the previous planReason for revision or withdrawalSize of the Target MarketRisks identified
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.PBRが1倍未満で推移しており、成長戦略や方針について株主・投資家の理解が十分でないこと、純資産の増加に対するリターンが期待水準を下回っていることを理由として挙げている。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.