Otake Corporation
Update on Initiatives to Realize Management Mindful of Cost of Capital and Share Price
Announced an update aimed at realizing management mindful of cost of capital and share price, reflecting indicators after transition to consolidated accounting. Organized specific measures including an ROE target of 8%, liquidity improvement, increased shareholder returns, strengthened information disclosure, and reduction of strategic shareholdings.
Key Figures
- Dividend per share: 40.00 yen
- Year-end share price: 1,767 yen
- ROE target: 8% (long-term)
AI要約
Purpose of the Current Status and Update
This item indicates that an update was provided regarding the strategic vision from the second medium-term management plan published in July 2024, titled "Realizing Management Mindful of Cost of Capital and Share Price," based on current-state analysis, evaluation and implementation status. It organizes concrete measures such as the policy to aim for improved ROE including indicators after the transition to consolidated accounting in the fiscal year ending May 2025, enhancement of stock liquidity, strengthening of shareholder returns, enriched information disclosure, and reduction of strategic shareholdings.
Future Policy and Impact on Investors
Set a long-term target of achieving ROE of 8% and intends to continue profit growth through functional strengthening and improved profitability. The company promotes initiatives to improve liquidity and enhance shareholder returns, including increasing the year-end dividend (for example: 40 yen). Strengthening information dissemination and dialogue and the policy to reduce strategic shareholdings aim to improve investor understanding and corporate value assessment.
Otake Corporation
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