{"id":44020,"date":"2026-04-30T12:21:24","date_gmt":"2026-04-30T03:21:24","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7981-20260430-04_wp_business_update\/"},"modified":"2026-04-30T12:21:24","modified_gmt":"2026-04-30T03:21:24","slug":"7981-20260430-04_wp_business_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7981\/ir\/7981-20260430-04_wp_business_update\/","title":{"rendered":"Response towards Realizing Management Conscious of Cost of Capital and Stock Price and Promotion of Dialogue with Shareholders and Disclosure"},"content":{"rendered":"<p>In May 2025, the shareholder return policy was significantly revised with a dividend payout ratio target of 50% and a planned share buyback of approximately 22 billion yen. The ROE target was raised from 7% to 8%, aiming to enhance shareholder returns and capital efficiency.<\/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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","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":"","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":""}},"ast-content-background-meta":{"desktop":{"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":""},"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":"7981","jir_company_name":"Takara Standard Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/7981-20260430-04.pdf","jir_short_summary":"In May 2025, the shareholder return policy was significantly revised with a dividend payout ratio target of 50% and a planned share buyback of approximately 22 billion yen. The ROE target was raised from 7% to 8%, aiming to enhance shareholder returns and capital efficiency.","jir_summary":"### Revision of Medium-Term Management Plan Conscious of Cost of Capital\nTakara Standard recognized a gap in cost of capital based on shareholder dialogue and stock price trends regarding the \u201cMedium-Term Management Plan 2026\u201d announced in May 2024. In response, in May 2025, the ROE target was raised from 7% to 8%, and the shareholder return policy was significantly revamped. The dividend payout ratio was set at 50%, and a share buyback of approximately 22 billion yen is planned. By doing so, the total return ratio is targeted at around 130%, aiming to improve capital efficiency. ROE rose to 7.7% in the fiscal year ending March 2026, showing an improving trend in profitability, but PBR remains below 1 times. To further enhance market evaluation, IR activities and information disclosure will be strengthened.\n\n### Strengthening Dialogue with Shareholders and Enhancing IR Structure\nAn IR department was newly established in January 2025, reorganized into an IR office directly under the President in April 2026. This structure facilitates strong leadership from top management in promoting dialogue with the stock market. Diverse engagement opportunities such as small meetings, facility tours, and briefings for individual investors were created, resulting in a substantial increase to 106 IR meetings in the fiscal year ending March 2026. This has deepened communication with shareholders and investors, fostering better understanding of growth strategies and capital policies.","jir_financial_highlights":"ROE Target: 8% (Fiscal Year Ending March 2027) (Raised from 7%)\nShareholder Return Policy (Dividend Payout Ratio): 50% (Unknown)\nPlanned Share Buyback Amount: Approx. 22 billion yen (Fiscal Years Ending March 2026 to March 2027) (Reduced from approx. 24 billion yen total over three years in the current mid-term plan period)\nTotal Return Ratio: Around 130% level (2 years) (Unknown)\nROE Performance (Fiscal Year Ending March 2026): 7.7% (Increased from 6.1% in previous fiscal year)\nPBR: Below 1 times (Unknown)","jir_category":"","jir_hashtags":"#TakaraStandard, #CapitalPolicy, #ShareholderReturn, #IRActivities, #MediumTermManagementPlan","jir_key_figures":"ROE Target: 8% (Fiscal Year Ending March 2027)\nDividend Payout Ratio: 50%\nPlanned Share Buyback: Approx. 22 billion yen (Fiscal Years Ending March 2026 to March 2027)\nROE Performance: 7.7% (Fiscal Year Ending March 2026)\nIR Meeting Count: 106 (Fiscal Year Ending March 2026)","jir_meta_title":"Takara Standard: Management Strengthening with Cost of Capital Awareness and Enhanced Shareholder Returns\uff5cApril 2026","jir_meta_description":"Takara Standard raises ROE target to 8%, plans dividend payout ratio of 50% and share buyback of approx. 22 billion yen. Strengthening IR structure to deepen dialogue with shareholders and improve capital efficiency.","jir_og_title":"Takara Standard: Enhanced Management with Cost of Capital Awareness and Expanded Shareholder Returns","jir_og_description":"ROE target 8%, dividend payout ratio 50%, share buyback plan of 22 billion yen. IR strengthening promotes shareholder dialogue.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":8986,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-44020","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 towards Realizing Management Conscious of Cost of Capital and Stock Price and Promotion of Dialogue with Shareholders and Disclosure - 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-7981\/ir\/7981-20260430-04_wp_business_update\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7981\/ir\/7981-20260430-04_wp_business_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7981\/ir\/7981-20260430-04_wp_business_update\/\",\"name\":\"Response towards Realizing Management Conscious of Cost of Capital and Stock Price and Promotion of Dialogue with Shareholders and Disclosure - 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