Presenting Numerical Targets for Capital Efficiency
First written in FY2016. 3 of 7 entries say "Advanced", first in 2026-03-09. Latest entry: 2026-05-21.
The whole theme swung hardest in 2023: 6 of 42 companies on the "Worse" side.
25 other companies' latest entry also says "Advanced".
- FY2025ReframedAnnual report
「We will optimize our business portfolio by allocating management resources with due consideration for the cost of capital associated with investment, and seek to enhance corporate value as a comprehensive content business group by making continuous growth investments to realize our medium-term management strategy. To maintain an appropriate balance between financial soundness and financial leverage, we will also seek to optimize funding methods and maximize funding efficiency.」
The previous theme of presenting specific numerical targets such as ROE has broadened to include allocating management resources with awareness of the cost of capital, optimizing the business portfolio, and managing financial leverage and funding efficiency. - FY2019RestatedAnnual report
「We aim to improve return on equity (ROE) as an important management indicator, but we will continue actively considering presenting a capital policy containing specific numerical targets in light of progress in growth investment and other factors.」
While setting improvement in ROE as a target, the Company continues not to present specific capital-policy figures and will consider them in light of progress in growth investment. - FY2017RestatedAnnual report
「We have not yet reached the stage at which we can present numerical targets for capital efficiency. We will continue actively considering presenting a capital policy, including specific numerical targets, from the next medium-term management plan onward.」
The Company continues not to present a numerical target for capital efficiency and reiterates its intention to consider doing so from the next medium-term management plan onward. - FY2016First statedAnnual report
「We have not yet reached the stage at which we can present numerical targets for capital efficiency. We will continue actively considering presenting a capital policy, including specific numerical targets, from the next medium-term management plan onward.」
No numerical target for capital efficiency has been presented at this point, but the Company is considering presenting one from the next medium-term management plan onward.