Updated current analysis of management oriented to capital cost and stock price. ROE remains below shareholder capital cost and PBR has traded below 1x over the past five years, indicating undervaluation. 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ROE remains below shareholder capital cost and PBR has traded below 1x over the past five years, indicating undervaluation. As future improvement pillars, the company outlines business growth, shareholder returns, and enhanced IR, with continued investments in capex, R&D, and human capital.","jir_summary":"### Section Heading\nShows current analysis (consolidated) and plan and targets for improvement, setting ROE and P\/E multiple as key improvement priorities. Outlines concrete measures including continued investments for business growth, stronger shareholder returns, and enhanced IR activities to energize dialogue with shareholders and investors.\n\n### Section 2 Heading\nSpecific measures include business growth and profitability improvement, stronger shareholder returns, and enhanced IR activities, with continued capex, R&D expenditure, and investment in human capital. In IR, aims include holding briefings, stronger information dissemination, and increased PR to individual investors.","jir_financial_highlights":"Sales: 5,412\u767e\u4e07\u5186 (\u524d\u5e74\u540c\u671f\u6bd4\u4e0d\u660e)\nOrdinary income: 603\u767e\u4e07\u5186 (\u524d\u5e74\u540c\u671f\u6bd4\u4e0d\u660e)\nNet income: 603\u767e\u4e07\u5186 (\u524d\u5e74\u540c\u671f\u6bd4\u4e0d\u660e)","jir_category":"","jir_hashtags":"#ToyoDryLube, #capital_cost, #IRUpdate","jir_key_figures":"ROE: 5.64% (26.6 term) \u2192 compared with the past five-year average of 6.05%, a declining trend\nPBR: 0.47x (26.6 term) \u2192 near\/sideways with past average of 0.43x\nCapex: 1,175\u767e\u4e07\u5186 (27.6 term forecast) \u2192 close-term increase\/decrease is unknown","jir_meta_title":"Toyo Dry Lubes: Update on Capital Cost and Stock Price\u2013Oriented Management | September 11, 2026","jir_meta_description":"Toyo Dry Lubes updates its current analysis of management oriented to capital cost and stock price. Explains ROE and PBR status, and the policy going forward for business growth, shareholder returns, and IR activity enhancement. Confirms continued capex, R&D, and human capital investments.","jir_og_title":"Toyo Dry Lubes: Latest Update on Capital Cost\u2013Aware Management","jir_og_description":"Updates on current analysis of management oriented to capital cost and stock price. Details ROE, PBR status, and the plan to strengthen business growth, shareholder returns, and IR activities.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":59827,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-113220","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n