Aligned with the medium-term plan DKK-Plan2028, pursuing improvements in capital efficiency and market valuation. 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PBR remains below 1x, ROE is recovering but not yet above shareholders\u2019 cost of capital; aims to improve CCC and transition equity ratio to 60\u201365%, and enhance IR\/SR to boost market valuation.","jir_summary":"### \u73fe\u72b6\u5206\u6790\nCurrent analysis shows PBR persistently below 1x, and although ROE is recovering, it has not yet reached a level above shareholders\u2019 cost of capital. The PER has recently trended downward. Based on CAPM, the cost of equity is set between 5.0% and 8.0%, with an equity spread that is negative. Increases in raw material prices and electricity rates could erode profits.\n\n### \u5bfe\u5fdc\u65b9\u91dd\nContinuing the initiatives of the medium-term management plan, 'DKK-Plan2028', to improve capital efficiency and strengthen balance sheet management. To enhance market valuation, intensify IR\/SR activities and promote proactive disclosure. Specifically, aim for stronger profitability (targeting operating profit margin of 6% or higher), CCC improvement to raise capital efficiency, review of held assets, stronger shareholder returns, DX-driven operational efficiency, accelerated growth investments, and proactive disclosure of business strategy.","jir_financial_highlights":"ROE: \u4e0d\u660e (\u4e0d\u660e)\nPBR: \u4e0d\u660e (\u4e0d\u660e)\nCCC: 50\u65e5\u4ee5\u4e0a\u65e9\u671f\u6539\u5584\uff082026\/3\u671f\u6bd4\uff09 (\u76ee\u6a19)","jir_category":"","jir_hashtags":"#\u96fb\u6c17\u8208\u696d\u3092\u7279\u5b9a #\u8cc7\u672c\u653f\u7b56\u30fb\u8cc7\u672c\u52b9\u7387 #IR\u30fbSR\u6d3b\u52d5\u5f37\u5316","jir_key_figures":"CCC\u309250\u65e5\u4ee5\u4e0a\u65e9\u671f\u6539\u5584\uff082026\/3\u671f\u6bd4\uff09\n\u81ea\u5df1\u8cc7\u672c\u6bd4\u7387\u309260\uff5e65\uff05\u6c34\u6e96\u306b\u79fb\u884c\n\u55b6\u696d\u5229\u76ca\u73876\uff05\u4ee5\u4e0a\u3092\u65e9\u671f\u9054\u6210\uff08\u76ee\u6a19\uff09","jir_meta_title":"\u3010\u96fb\u6c17\u8208\u696d\u3011Capital Cost and Stock Price-Conscious Management Status Update\uff5cAugust 2026","jir_meta_description":"Update on management focused on capital cost and stock price for Denki Kogyo. Explains low PBR, ROE recovery, CCC improvement, strengthened balance sheet management, and IR\/SR enhancement plan. Summary of progress and upcoming initiatives under the medium-term plan DKK-Plan2028.","jir_og_title":"Electric Industry Capital Efficiency Update\uff5cAugust 2026","jir_og_description":"Explains current status and improvement policies focused on capital cost and stock price. Outlines ongoing measures under DKK-Plan2028, CCC improvement, balance sheet management, and IR enhancements.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":57467,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-107714","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n