Implement Management that is Conscious of Capital Costs and Stock Prices

We are implementing management that is conscious of capital costs and stock prices to enhance corporate value over the medium to long term.
In order to achieve sustainable growth and enhance corporate value, as well as to meet stakeholder expectations, we are transforming our business structure while focusing on the optimal allocation of management resources and improving capital efficiency.
In addition, in our efforts to enhance corporate value, we consider key management indicators such as ROIC, WACC, and PBR to be crucial and utilize them in our decision-making processes.

Analysis of Capital Costs

We recognize our WACC to be approximately 5.0% and aims to maximize corporate value through efficient and strategic growth investments.
Since FY2023, We have entered a phase of stable performance, with ROIC consistently exceeding WACC by a significant margin.

PBR Logic Tree

We aim to enhance corporate value efficiently by decomposing PBR into ROE and PER, and organizing the key drivers for improvement in each indicator.
In particular, we regard Increase in EBITDA, Optimization of ownership equity, Enhancement of expected growth rate, and Reduction in cost of equity as the primary drivers.

Initiatives to Enhance Corporate Value

To enhance corporate value over the medium to long term, we are implementing measures to improve ROE and PER.

External Evaluation

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SERVICE SITES

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