Further Enhancing Shareholder Value Through Improved ROE
First written in FY2017. 1 of 3 entries say "Reframed", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2021: 27 of 109 companies on the "Worse" side.
- FY2024RestatedAnnual report
「In addition, we have set consolidated net sales of ¥52,000 million, consolidated operating profit of ¥4,500 million and ROIC (return on invested capital) of 6–7% as management targets for the consolidated results under the basic medium-term management plan, whose final fiscal year is the fiscal year ending March 2026.」
The policy of emphasizing capital efficiency, including higher ROE, has continued in the form of targets for net sales, operating profit and ROIC through the fiscal year ending March 2026. - FY2022ReframedAnnual report
「In addition, we have set consolidated net sales of ¥52,000 million, consolidated operating profit of ¥4,500 million and ROIC (return on invested capital) of 6–7% as management targets for the consolidated results under the basic medium-term management plan, whose final fiscal year is the fiscal year ending March 2026.」
In addition to its previous policy of improving ROE, the medium-term plan through the fiscal year ending March 2026 explicitly identifies ROIC of 6–7% as a management metric. - FY2017First statedAnnual report
「We use ROE (return on equity) as a key management metric. We aim to improve it through changes to our earnings structure, cost reductions and more efficient use of assets, thereby further enhancing shareholder value.」
The company identifies ROE as a key management metric and states its policy of improving it through changes to its earnings structure, cost reductions and more efficient use of assets.