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.
- For FY2025, net profit increased, driven by a reduction in income taxes resulting from the utilization of tax loss carryforwards in the United States, which led to an improvement in ROE to 9.8%. Meanwhile, PBR stood at 0.61x as of March 31, 2026.
- We will continue to enhance corporate value by executing our financial strategy and further articulating our growth story.

※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.
※”Net profit” indicates “Profit attributable to owners of the parent”.
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

Cash Allocation
We will optimally allocate the cash generated over the four years of the Medium-term Management Plan to invest in future growth, and strengthen returns to shareholders.