Enhancing Shareholder Value through Higher ROE and Performance-Linked Dividends
First written in FY2016. 2 of 9 entries say "Advanced", first in FY2022. Latest entry: FY2026.
North Pacific Bank moved to the "Worse" side of this theme in 2017, 9 years before the typical company in this theme (2026).
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
11 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Numerical targets under the medium-term management plan Fiscal 2028 (final year) plan Consolidated ROE Approximately 11% Fiscal 2025 actual 6.66%」
The ROE target was raised from the previous medium- to long-term target of approximately 5% to approximately 11% in fiscal 2028. The plan also explicitly states that the Board of Directors will consider achieving a PBR of 1x. - 2026-05-13Cited as achievedEarnings
「ＲＯＥ(%) 5.04% 6.78% 1.74%」
単体当期純利益ベースのROEが前期5.04％から6.78％へ上昇した実績を示している。 - FY2025AchievedAnnual report
「ROE (Consolidated) Fiscal 2024 actual (year-on-year) 5.00% (1.97%) Fiscal 2025 plan Approximately 4% Long-term target Approximately 5%」
Consolidated ROE was 5.00% in fiscal 2024, achieving the fiscal 2025 plan of approximately 4% and the long-term target of approximately 5%. - FY2024AdvancedAnnual report
「ROE (Consolidated) Fiscal 2023 actual (year-on-year) 3.03% (0.68%) Fiscal 2025 plan Approximately 4% Long-term target Approximately 5%」
Consolidated ROE improved from 2.35% in the previous fiscal year to 3.03%, indicating progress toward the fiscal 2025 target of approximately 4% and the medium- to long-term target of approximately 5%. - FY2023RaisedAnnual report
「ROE (consolidated) Approximately 4% Approximately +1.7 points Approximately 5%」
The new medium-term management plan sets ROE at approximately 4% for fiscal 2025 and a medium- to long-term target of approximately 5%. The target level during the plan period was raised from the previous plan’s fiscal 2022 target of approximately 2%. - FY2022AdvancedAnnual report
「ROE, core OHR and the share of lending in Hokkaido, which are identified as long-term management indicators, have improved year on year, and efforts toward the targets will continue.」
ROE was 2.7% in fiscal 2021, exceeding the fiscal 2022 target of approximately 2%. The long-term target of at least 5% remains unchanged. - FY2020ReframedAnnual report
「Long-term management indicators ROE (consolidated) Fiscal 2019 actual 1.84% Fiscal 2022 target approximately 2% Long-term target 5% or more」
ROE, which was not explicitly stated in the previous medium-term plan, was reinstated as a management indicator in the new plan, with a target of approximately 2% for fiscal 2022 and at least 5% over the long term. - FY2017SoftenedAnnual report
「Under the “Co-creation” medium-term management plan, the company set the following standalone management indicators for the fiscal year ending March 2020, the final year of the plan, to assess its profit, productivity, soundness and other conditions: ordinary profit of ¥23 billion, net income of ¥16 billion, productivity per employee of ¥5.695 million, an equity ratio of approximately 12%, average deposits outstanding, including negotiable certificates of deposit, of ¥8.79 trillion, and average loans outstanding of ¥6.5 trillion.」
While the new medium-term plan presented targets for profit, productivity, soundness and other areas, the previously stated improvement in ROE was not included as a management indicator. - FY2016First statedAnnual report
「⑦ Enhancing shareholder value—improving ROE and implementing performance-linked dividends」
Higher ROE and performance-linked dividends are identified as specific components of the strategy to enhance shareholder value.