Improving Capital Structure, ROE and PBR with an Awareness of Cost of Capital and Share Price
First written in FY2024. 2 of 4 entries say "Advanced", first in 2026-05-14. Latest entry: FY2026.
The whole theme swung hardest in 2017: 1 of 7 companies on the "Worse" side.
12 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Quantitative targets Earnings targets (fiscal year ending March 2031, consolidated) Revenue: ¥47 billion Operating profit: ¥3 billion ROE 8% or higher Investment for sustainable growth ¥10 billion over 5 years」
Under its new plan, the Group has set specific targets of ROE of 8% or higher, revenue of ¥47 billion, operating profit of ¥3 billion and investment of ¥10 billion over 5 years, with a focus on the cost of capital, return on capital and optimal capital structure. - FY2024First statedAnnual report
「Alongside improving sales and profit levels, the Group recognizes that achieving an optimal capital structure based on the balance sheet, with a focus on the cost of capital and return on capital, is also an important management issue. While continuing stable and appropriate profit distributions supported by business performance, the Group will steadily work to achieve its medium-term management plan and improve management indicators such as ROE and PBR.」
The Group explicitly cites the cost of capital, return on capital, optimal capital structure, ROE and PBR, setting for the first time goals extending the previous focus on improving profit margins and earning power to improving the share price and capital efficiency.