Showa Shinku Co., Ltd.
Update on Initiatives to Achieve Management That Considers Capital Costs and Stock Prices
Consolidated ROE improved to 7.3% year-on-year, but did not reach the ROE target of 10% or higher. Dividend for the fiscal year ending March 2026 is planned at 70 yen per share, payout ratio 49.8%. Aims to sustain enterprise value through reinforced earnings base and enhanced IR activities. As a next-step strategy, drive new revenue generation beyond crystal and optical devices and promote element technology development in collaboration with universities and other institutions.
Key Figures
- Consolidated ROE: 7.3%
- Consolidated PBR: 0.84x
- Earnings per share: 70 JPY
- Dividend payout ratio: 49.8%
AI要約
Current performance and challenges
Consolidated ROE for the fiscal year ending March 2026 improved to 7.3%, but did not reach the target of 10% or higher; ongoing efforts to strengthen the earnings base and improve productivity are required for ROE improvement. Consolidated PBR remains under 1x at 0.84x. Given high market dependence, measures to enhance mid- to long-term growth expectations are necessary.
Medium- to long-term policy and specific initiatives
Continue to implement measures centered on strengthening the earnings base, stable shareholder returns, and enhanced IR activities. Seek to secure sustainable revenue outside the crystal and optical device segments, participate early in verification of next-generation product development, and promote element technology development through collaboration with academic institutions. In terms of shareholder returns, emphasize stability based on DOE (dividend on equity) and set a target payout ratio around 50%.
Showa Vacuum Co., Ltd.
Company overview · Stock price · Financial data · All IR
