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Maruken Lease (9763) · TargetTarget Misses Coexisting with Achievement of the Dividend Payout Ratio Target

PBR of at Least 1x and Improved Capital Efficiency

First written in FY2024. . Latest entry: FY2026.

3entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2024 – FY20262024: 120242025: 120252026: 12026
Same theme, other companies
Achieving and Sustaining a PBR Above 1xA theme 107 companies write about · 5 as a headwind · 103 as a tailwind

8 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 107 companies compared. The sentences above are computed from all 107.
Full recordFilings, disclosures and news, newest first
  1. FY2026Target Misses Coexisting with Achievement of the Dividend Payout Ratio TargetAnnual report

    「ROE At least 8.5% 7.8% Net D/E ratio Approximately 0.3x 0.42x Payout ratio (consolidated) At least 35% 37.3% FY2028 consolidated net profit At least ¥1.5 billion ¥1.360 billion」

    FY2025 actual results were ROE of 7.8%, below the target of at least 8.5%, and a net D/E ratio of 0.42x, above the target of approximately 0.3x. Meanwhile, the payout ratio of 37.3% exceeded the target of at least 35%, while actual net profit of ¥1.360 billion was disclosed against the FY2028 target of at least ¥1.5 billion.
  2. FY2025Disclosure that first-year ROE and net D/E ratio results missed their targetsAnnual report

    「ROE At least 8.5% 7.5% Net D/E ratio Approximately 0.3x 0.37x Payout ratio (consolidated) At least 35% 36.5%」

    First-year actual results were ROE of 7.5%, below the target, and a net D/E ratio of 0.37x, above the target level, while the payout ratio of 36.5% achieved the target of at least 35%.
  3. FY2024First statedAnnual report

    「Measures aimed at improving PBR to at least 1x Earnings growth Achieve net profit of at least ¥1.5 billion Improve capital efficiency ROE of at least 8.5% Shareholder returns policy Payout ratio of at least 35% (consider share buybacks depending on circumstances)」

    As part of management conscious of the cost of capital and share price, the company for the first time systematized measures covering net profit, ROE, payout ratio, growth investment, human capital and responses to social issues, with the aim of raising PBR from its current level of 0.61x to at least 1x.
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When this could move next
Maruken Lease's next results are scheduled for 2026-11-06. Read the earnings preview
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PBR of at Least 1x and Improved Capital Efficiency | Maruken Lease Co.,Ltd. (9763) | Komori