Meito Co., Ltd.
Measures Toward Achieving Management That Accounts for Cost of Capital and Stock Price
Explains initiatives aimed at improving capital efficiency and market valuation through execution of the medium-term management plan MEITO CHALLENGE 2026. Includes reduction of held shares, strengthening shareholder returns, plans for share buybacks, stock split, and expanded IR dialogue.
Key Figures
- ROE target: 5.0% or higher
- Share buyback and cancellation: cap 3,500 million yen, total 6,000 million yen planned
- Shareholder returns: Plan combining progressive dividends and share buybacks
AI要約
Initiatives to Realize Management That Accounts for Cost of Capital and Stock Price
Meito Co., Ltd. under the medium-term plan MEITO CHALLENGE 2026 aims for ROE of over 5% and PBR above 1x, and indicates a policy to pursue optimization of capital allocation, strengthen dialogue with capital markets, and expand shareholder returns. Current ROE is 5.2%, while the cost of equity is recognized at approximately 7%; the company will pursue further improvements in capital efficiency.
Specific Measures for Shareholder Returns and Capital Policy
The company will proceed with reducing held shares and allocate funds to growth investments and shareholder returns. Plans include introducing progressive dividends, acquiring and cancelling treasury shares, and conducting a stock split. Enhancements to IR dialogue, increasing the number of meetings, and expanding KPI disclosure are also included to strengthen engagement with capital markets.
Meito Co., Ltd.
Company overview · Stock price · Financial data · All IR
