{"id":38234,"date":"2026-03-31T16:55:11","date_gmt":"2026-03-31T07:55:11","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7433-20260331-01_wp_capital_policy\/"},"modified":"2026-03-31T16:55:11","modified_gmt":"2026-03-31T07:55:11","slug":"7433-20260331-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7433\/ir\/7433-20260331-01_wp_capital_policy\/","title":{"rendered":"Response Toward Realizing Management Aware of Capital Costs and Stock Prices (Latest Edition)"},"content":{"rendered":"<p>Hakuto Co., Ltd. announced initiatives to promote ROE improvement and ROIC-based management with a focus on capital efficiency, growth strategies and M&#038;A promotion under the medium-term management plan &#8220;Hakuto 2028,&#8221; and reinforcement of a stable dividend 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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":"7433","jir_company_name":"Hakuto Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-31","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/7433-20260331-01.pdf","jir_short_summary":"Hakuto Co., Ltd. announced initiatives to promote ROE improvement and ROIC-based management with a focus on capital efficiency, growth strategies and M&A promotion under the medium-term management plan \"Hakuto 2028,\" and reinforcement of a stable dividend policy.","jir_summary":"### Current Recognition and Policy on Management Aware of Capital Costs\nHakuto Co., Ltd. recognizes that its current PBR of 1.18x, ROE of 7.8%, and ROIC of 5.9% are in line with shareholders\u2019 capital costs and WACC, and acknowledges the necessity for ROE improvement with attention to capital efficiency for sustainable corporate value enhancement. The medium-term management plan \"Hakuto 2028\" sets ROIC improvement, optimization of financial leverage, and reduction of capital costs as key management policies.\n\n### Concrete Initiatives and Growth Strategy\nTo improve ROIC, the company promotes diversification of value provided, growth investments including M&A, review of business portfolio, working capital efficiency, and reduction of policy-held shares, based on investor meetings and understanding of external environment. The dividend policy aims for stable increases by setting a dividend payout ratio around 70% and a DOE 5% dividend floor. Regarding M&A, Clearize was subsidiary in September 2024 and Rabyte in February 2026, aiming to expand business domains and create synergies.","jir_financial_highlights":"PBR: 1.18x (Unknown)\nROE: 7.8% (Unknown)\nROIC: 5.9% (Unknown)\nDividend Payout Ratio: Approximately 70% (Newly set DOE 5% dividend floor)\nNumber of Dialogues with Institutional Investors: 36 times (FY2025) (Unknown)\nM&A Achievements: Subsidiarization of Clearize in September 2024, Subsidiarization of Rabyte in February 2026 (Unknown)","jir_category":"","jir_hashtags":"#HakutoCoLtd, #BusinessStrategy, #CapitalEfficiency, #ROIC, #M&A","jir_key_figures":"PBR: 1.18x\nROE: 7.8%\nROIC: 5.9%\nDividend Payout Ratio: Approximately 70%, DOE 5% dividend floor set\nNumber of Dialogues with Institutional Investors: 36 times (FY2025)\nM&A Achievements: Clearize (September 2024), Rabyte (February 2026)","jir_meta_title":"Hakuto Co., Ltd. Accelerates ROIC Improvement Through Capital Efficiency-Focused Management Strategy and M&A Promotion","jir_meta_description":"Hakuto Co., Ltd. promotes ROIC improvement, strengthens stable dividend policies, and expands business through M&A initiatives based on its medium-term management plan Hakuto 2028. Announces concrete measures including PBR of 1.18x, ROE of 7.8%, and DOE 5% dividend floor setting.","jir_og_title":"Hakuto Co., Ltd. Announces Capital Efficiency-Focused Management Strategy","jir_og_description":"Hakuto Co., Ltd. aims for sustainable corporate value enhancement by promoting ROIC-based management, M&A strategies, and stable dividend policies.","jir_og_image_url":"\/assets\/og\/company-capital_policy.jpg","jir_chart_data_collection":"[]","ir_related_company":16796,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-38234","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 Aware of Capital Costs and Stock Prices (Latest Edition) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7433\/ir\/7433-20260331-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7433\/ir\/7433-20260331-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7433\/ir\/7433-20260331-01_wp_capital_policy\/\",\"name\":\"Response Toward Realizing Management Aware of Capital Costs and Stock Prices (Latest Edition) - 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