Using ROE of 7–8% as an interim benchmark
First written in FY2020. 2 of 9 entries say "Advanced", first in FY2022. Latest entry: 2026-07-10.
The whole theme swung hardest in 2020: 27 of 113 companies on the "Worse" side.
- 2026-07-10RestatedGovernance
「With ROE of 10% as a medium-term target, our group is working to sustainably increase corporate value and implementing shareholder return measures, including share buybacks, with an awareness of capital efficiency.」
The company has reaffirmed its policy of setting ROE of 10% as a medium-term target. - FY2026AdvancedAnnual report
「The ROE of our group at the end of the fiscal year was 7.8%, up 6.0 percentage points from 1.8% at the end of the previous fiscal year.」「Based on investors’ expected returns in the market, our group will work to improve profitability and capital efficiency, with ROE of 10% as its medium-term target.」
ROE rose from 1.8% to 7.8%, improving to a level close to the previous 7–8% benchmark. The medium-term target of 10% ROE remains unchanged, and ROE is still below the target. - FY2025ROE declined below the target levelAnnual report
「The ROE of our group at the end of the fiscal year was 1.8%, down 1.5 percentage points from 3.3% at the end of the previous fiscal year.」「We will work to improve profitability and capital efficiency, with ROE of 10% as our medium-term target.」
ROE declined from 3.3% to 1.8%, while the policy of setting ROE of 10% as the medium-term target remains unchanged. - FY2024RaisedAnnual report
「Based on investors’ expected returns in the market, our group will work to improve profitability and capital efficiency, with an ROE of 10% as its medium-term target.」
The target level has been raised from the previous policy of using ROE of 7–8% as a benchmark for the time being to a policy of setting ROE of 10% as the medium-term target. - FY2022AdvancedAnnual report
「The ROE of our group at the end of the fiscal year was 7.2%, up 2.0 percentage points from 5.2% at the end of the previous fiscal year. This was due to net income attributable to owners of the parent of ¥168 million, up 48.0% year on year, as described above in the discussion of operating results. In light of investors’ expected returns in the market and recent governance reforms, our group will continue to consider its medium- to long-term direction, using 7–8% as a benchmark.」
ROE rose from 5.2% to 7.2%, reaching the 7–8% range set as the benchmark for the time being. The medium- to long-term policy of using 7–8% as a benchmark remains unchanged. - FY2021ROE declined, but the 7–8% benchmark was maintainedAnnual report
「The ROE of our group at the end of the fiscal year was 5.2%, down 2.1 percentage points from 7.3% at the end of the previous fiscal year.」「Once the impact of COVID-19 has subsided, we will consider our medium- to long-term direction, using 7–8% as a benchmark.」
ROE declined to 5.2% in FY2021, but the company maintained 7–8% as its medium- to long-term benchmark after the pandemic subsides. - FY2020First statedAnnual report
「We will consider our medium- to long-term direction, using 7–8% as a benchmark for the time being.」
The company had not previously provided a benchmark for ROE, but has for the first time stated 7–8% as a benchmark for the time being.