{"id":47410,"date":"2026-05-12T15:50:06","date_gmt":"2026-05-12T06:50:06","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6332-20260512-03_wp_disclosure_update\/"},"modified":"2026-05-12T15:50:06","modified_gmt":"2026-05-12T06:50:06","slug":"6332-20260512-03_wp_disclosure_update","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6332\/ir\/6332-20260512-03_wp_disclosure_update\/","title":{"rendered":"Responses to Achieve Management that Considers Capital Cost and Share Price"},"content":{"rendered":"<p>Tsukishima Holdings updates on current management approach considering capital cost and share price, including continued share buybacks, policy-driven share holdings sales, and strategic investments.<\/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":"6332","jir_company_name":"Tsukishima Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-05-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/6332-20260512-03.pdf","jir_short_summary":"Tsukishima Holdings updates on current management approach considering capital cost and share price, including continued share buybacks, policy-driven share holdings sales, and strategic investments.","jir_summary":"### Management Current Situation Analysis and Response Update\nTsukishima Holdings held an extraordinary Board of Directors meeting on May 12, 2026, to analyze and evaluate the current management responses aimed at achieving management that considers capital cost and share price, announced on May 9, 2025, and has updated its content. The share price has outperformed TOPIX since April 2025, and the PBR has been improving, reaching 1.08 times (26.3 term). Return on Equity (ROE) increased to 17.7% (26.3 term), and improvements in total asset turnover and financial leverage are also in progress.\n\n### Promotion of Capital Policy and Growth Strategies\nAs part of promoting strategic investments, Tsukishima continues to expand its business portfolio through M&A. Out of over \u00a512 billion planned sales of policy-driven shareholdings over four years, \u00a59.3 billion has already been realized. Real estate sales and logistics facility disposals are also underway. The company conducted a share buyback of \u00a513.2 billion (about 4.3 million shares) in the 26.3 term, cancelling 4 million shares. To strengthen shareholder returns, the DOE is set at a lower limit of 3.5%, with dividends planned at \u00a585 in 26.3 term and \u00a588 in 27.3 term. Additionally, DX and IT investments are promoted to improve operational efficiency and profitability.","jir_financial_highlights":"Share Buyback Amount: \u00a513.2 billion (approximately 4.3 million shares) (Unknown)\nPolicy Shareholding Sales (3-year total): \u00a59.3 billion (Unknown)\nShareholder Equity Yield (DOE): 3.5% (lower limit) (Unknown)\nDividend (26.3 term): \u00a585 per share (including \u00a52 commemorative dividend) (Unknown)\nDividend (27.3 forecast): \u00a588 per share (Unknown)","jir_category":"","jir_hashtags":"#TsukishimaHoldings, #CapitalPolicy, #ManagementStrategy","jir_key_figures":"Share buyback amount: \u00a513.2 billion (about 4.3 million shares)\nPolicy shareholding sales (3-year total): \u00a59.3 billion\nDividends (26.3 term): \u00a585 per share (including \u00a52 commemorative dividend)","jir_meta_title":"\u3010Tsukishima Holdings\u3011Update on Management Responses Considering Capital Cost\uff5cMay 2026","jir_meta_description":"Tsukishima Holdings updates on current management responses considering capital cost and share price. Share buyback of \u00a513.2 billion, policy shareholding sales of \u00a59.3 billion, increasing dividends from \u00a585 to \u00a588.","jir_og_title":"\u3010Tsukishima Holdings\u3011Update on Management Responses Considering Capital Cost","jir_og_description":"Share buyback of \u00a513.2 billion, policy shareholding sales of \u00a59.3 billion. Dividends to increase from \u00a585 to \u00a588. Announcing measures to improve management quality.","jir_og_image_url":"\/assets\/og\/company-disclosure_update.jpg","jir_chart_data_collection":"[]","ir_related_company":9348,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-47410","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>Responses to Achieve Management that Considers Capital Cost and Share Price - 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-6332\/ir\/6332-20260512-03_wp_disclosure_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-6332\/ir\/6332-20260512-03_wp_disclosure_update\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6332\/ir\/6332-20260512-03_wp_disclosure_update\/\",\"name\":\"Responses to Achieve Management that Considers Capital Cost and Share Price - 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