Mitsuchi Corporation
Response for realizing management mindful of capital cost and stock price (Update)
Update assuming a capital cost of approximately 7.9% to aim for ROE improvement. Clarifies the pursuit of improved capital efficiency, asset compression, ROIC-oriented management penetration, deeper shareholder return policy, and hurdle settings for growth investments. For the 2027 fiscal year target, medium- to long-term goals include ROE of 8%+ and a PBR of 1.0x or higher.
Key Figures
- Cost of equity (CoE): 7.9% approximately
- ROE: 2.13% (FY2026/6)
- PBR: 0.30x (as of end-FY2026/6)
AI要約
Section header
This material is an update to the August 2024 disclosure, organizing and deepening progress and initiatives toward realizing management mindful of capital cost and stock price. Through three steps—progress review, reflection of discussions, and policy deepening—the measures focus on strengthening ROIC, ROE, asset compression, and capital allocation, aiming to revise the financial base and enhance stability of shareholder returns.
Section 2 heading
In the direction of the business portfolio, growth drivers such as automotive sensors and safety components will be strengthened, with the aim of expanding overseas and into non-automotive fields. As for capital efficiency, asset compression, introduction of ROIC management, setting hurdles for growth investments, and PDCA reviews after investments are clarified. The shareholder return policy is based on stable dividends, with a dividend payout ratio target of around 30%.
Mitsuji Co., Ltd.
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