We aim to achieve sustainable growth and enhance our corporate value over the medium-to-long term. To this end, we analyze and evaluate our current situation, and formulate and implement action to implement management that is conscious of cost of capital and stock price. We will continue to monitor our progress each year and disclose relevant updates accordingly.
Evaluation and Analysis of the Current Situation
- In Nov. 2024, we formulated and announced initiatives to increase corporate value.
- In FY2024, although ROE performed well, PBR was 0.49 times at the end of March 2025 due to the decline in stock prices.
- Concrete financial strategies and growth stories and swiftly implement measures to enhance corporate value in order to achieve ROE9% in FY2027

※PBR and ROE are calculated using the data at the end of each fiscal year.
The closing stock price at the end of each fiscal year is used to calculate PBR.
Action Plan to Raising Corporate Value
Implementing a growth story aimed at enhancing corporate value and promoting effective measures
Main Initiatives
Growth Strategies (Business Strategies)

Finacial Strategies

Non-financial Strategies
Strengthen IR
- Integrate financial and non-financial information to deliver clear, story-driven disclosures.
- Enhancing corporate value through constructive engagement with investors and analysts.
- Incorporate feedback from investor dialogue into internal processes to improve management and IR activities.
Strengthen ESG Activities
- Aiming for a 45% reduction in CO₂ emissions by FY2027 (compared to FY2013) through energy efficiency and active use of renewable energy.
- Preparation for FY2027 goals through D&I initiatives, tier-based training, and implementation of engagement survey.
- Continuously enhance board effectiveness and advance human rights due diligence efforts.
