{"id":105906,"date":"2026-08-21T15:06:29","date_gmt":"2026-08-21T06:06:29","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2804-20260821-01_wp_capital_policy\/"},"modified":"2026-08-21T15:06:29","modified_gmt":"2026-08-21T06:06:29","slug":"2804-20260821-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2804\/ir\/2804-20260821-01_wp_capital_policy\/","title":{"rendered":"Response toward realizing management mindful of capital cost and stock price (Update)"},"content":{"rendered":"<p>Based on current analysis and long-term vision, presents a financial strategy aiming to achieve ROE of 5% and 8% at respective horizons, strengthen shareholder return, reduce policy-owned shares, utilize assets effectively, and strengthen IR activities and governance to improve market trust and reduce capital cost and improve PBR.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2804","jir_company_name":"Burndog Sauce Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-21","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2804-20260821-01.pdf","jir_short_summary":"Based on current analysis and long-term vision, presents a financial strategy aiming to achieve ROE of 5% and 8% at respective horizons, strengthen shareholder return, reduce policy-owned shares, utilize assets effectively, and strengthen IR activities and governance to improve market trust and reduce capital cost and improve PBR.","jir_summary":"### Section Heading\nThis document presents an update on responses toward realizing management mindful of capital cost and stock price, outlining concrete strategies to achieve the long-term ROE target and improve the PBR by considering current ROE and PBR trends. Under the long-term vision \u201cBull-Dog Global Innovation 2032,\u201d the policy is to enhance market evaluation through domestic and international business expansion, capital efficiency, and strengthened shareholder returns. The financial strategy includes growth investment of 5 billion yen, sale of policy-owned shares of 2 billion yen, improvements in company capital structure, and stronger shareholder returns. IR activities and governance strengthening will also be pursued, with a view to increasing the proportion of outside directors, the proportion of female directors, and increasing the number of audit committees, among other improvements to the framework.\n\n### Section 2 heading\nAs an implementation process, the financial strategy presents concrete efforts for 2026-2028. To realize the ROE targets, it cites execution of growth strategy investments, reduction of policy-owned shares, effective use of headquarters and site assets, and thorough shareholder returns, together with expanded IR activities and strengthened governance to deepen trust with the market. Going forward, plans include semi-annual earnings briefing, investor dialogue, expansion of shareholder benefit options, achieving targets for outside director ratio and female director ratio, and increasing the number of audit committees.","jir_financial_highlights":"ROE target: Fiscal year 2028 5%, Fiscal year 2032 8% (Target for achieving the long-term vision)\nOverall payout ratio: 60\uff05 (Including shareholder returns)\nGrowth strategy investment: 5,000,000,000 yen (Fiscal years 2026-2028)\nPolicy-owned shares sale amount: 2,000,000,000 yen (Part of financial strategy)","jir_category":"","jir_hashtags":"#Burndog Sauce Capital Policy, #IR Capital Cost, #Long-term Vision 2032","jir_key_figures":"ROE target: 2028 5%, 2032 8%\nTotal payout ratio: 60\uff05\nGrowth strategy investment: 5,000,000,000 yen\nSale of policy-owned shares: 2,000,000,000 yen\nIR activities: Semi-annual earnings briefing, investor dialogue\nGovernance: Outside director ratio 50%\u3001female director ratio 38%\u3001increase in audit committees","jir_meta_title":"Burndog Sauce Co., Ltd. Update on Initiatives Toward Realizing Management Mindful of Capital Cost and Stock Price | August 2026","jir_meta_description":"Burndog Sauce Co., Ltd. publishes an update toward realizing management mindful of capital cost and stock price. It presents execution plans for financial strategy, IR activities, and governance strengthening, including ROE target setting, enhanced shareholder returns, sale of policy-owned shares, and growth investments.","jir_og_title":"Update on Initiatives Toward Realizing Management Mindful of Capital Cost and Stock Price | August 2026","jir_og_description":"Announcement of updated capital policy including ROE target setting and enhanced shareholder returns, along with strengthened IR activities and governance, plus growth strategy through 2032.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57529,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-105906","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Response toward realizing management mindful of capital cost and stock price (Update) - 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