Enhancing Corporate Value and Stakeholder Satisfaction
First written in FY2016. 4 of 11 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Recovery to a PBR of 1x and raising the ROE targetAnnual report
「For the consolidated fiscal year, ROE was 10.7%, and the Company recognizes that it achieved capital profitability exceeding the cost of shareholders' equity estimated using CAPM. However, as shown below, PBR (price-to-book ratio) was 1x, and the Company has not received sufficient market valuation. Accordingly, it has stated in its medium-term management plan that it will remain fully conscious of the cost of shareholders' equity and capital profitability and achieve ROE of 12% or more.」
ROE was 10.7%, exceeding the previous 10% target, while PBR recovered from 0.87x at the end of the previous fiscal year to 1.00x. The new medium-term plan sets a target of ROE of 12% or more. - FY2025ROE target achievement and a sub-1x PBR occurring togetherAnnual report
「However, as shown below, PBR (price-to-book ratio) is below 1x, and the Company has not received sufficient market valuation. Accordingly, it has stated in its medium-term management plan that it will remain fully conscious of the cost of shareholders' equity and capital profitability and consistently achieve ROE of 10% in each fiscal year. It will also formulate capital policies and earnings plans to improve ROE, and seek sustainable growth and enhanced corporate value over the medium to long term while meeting the expectations of investors and other stakeholders.」
ROE was 11.2%, exceeding the 10% target, while PBR fell from 1.07x to 0.87x, highlighting the challenge of market valuation. The Company identifies formulating capital policies and an earnings plan as its response. - FY2024AdvancedAnnual report
「Accordingly, the Company has stated in its medium-term management plan that it will remain fully conscious of the cost of shareholders' equity and capital profitability and consistently achieve ROE of 10% in each fiscal year. It will also formulate capital policies and earnings plans to improve ROE, and seek sustainable growth and enhanced corporate value over the medium to long term while meeting the expectations of investors and other stakeholders.」
In addition to its corporate value and stakeholder satisfaction targets, the Company added capital policies and earnings plans that take into account the cost of shareholders' equity, PBR and market valuation, and explicitly identified achieving ROE of 10% each fiscal year as a response under its medium-term plan. - FY2022RestatedAnnual report
「The Company will further strengthen risk management, corporate governance and the internal control systems that support them, thereby enhancing corporate value and seeking to improve the satisfaction of stakeholders, including shareholders.」
The Company continues its policy of seeking to enhance corporate value and stakeholder satisfaction through efficiency improvements, risk management, governance and internal controls. - FY2019RestatedAnnual report
「While carefully and continuously implementing the measures outlined above, the Company will adjust its medium-term targets, policies and measures as necessary and seek to improve management efficiency through rigorous cost controls and technology assessment. At the same time, it will further strengthen risk management, corporate governance and internal control systems, thereby enhancing corporate value and seeking to further improve the satisfaction of stakeholders, including shareholders.」
The Company continues to enhance corporate value and stakeholder satisfaction through cost controls, technology assessment, risk management, governance and internal controls. - FY2018RestatedAnnual report
「While carefully and continuously implementing the measures outlined above, the Company will adjust its medium-term targets, policies and measures as necessary and seek to improve management efficiency through rigorous cost controls and technology assessment. At the same time, it will further strengthen risk management, corporate governance and internal control systems, thereby enhancing corporate value and seeking to further improve the satisfaction of stakeholders, including shareholders.」
The Company continues to pursue the goal of enhancing corporate value and stakeholder satisfaction through cost controls, technology assessment, risk management, governance and internal controls. - FY2017RestatedAnnual report
「With the above as its challenges, on the earnings front the Company will seek to improve management efficiency through rigorous cost controls and technology assessment, while further strengthening risk management, corporate governance and the internal control systems that support them, thereby enhancing corporate value and improving the satisfaction of stakeholders, including shareholders.」
The Company continues to pursue the goal of enhancing corporate value and stakeholder satisfaction through efficiency improvements, risk management, governance and internal controls. - FY2016First statedAnnual report
「With the above as its challenges, on the earnings front the Company will seek to improve management efficiency through stronger cost controls and other measures, while further strengthening risk management, corporate governance and the internal control systems that support them, thereby enhancing corporate value and improving the satisfaction of stakeholders, including shareholders.」
The Company aims to link efficiency improvements and stronger risk management, governance and internal controls to enhanced corporate value.