ROE for fiscal 2025 is 10.6%, with a PBR of 1.31. The shareholder equity cost for fiscal 2026 is projected to be 6.8%\u20138.0%, with an ROE forecast of 8.5%. 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The shareholder equity cost for fiscal 2026 is projected to be 6.8%\u20138.0%, with an ROE forecast of 8.5%. The annual dividend is maintained at 49 yen, and treasury stock acquisitions are also planned to continue.","jir_summary":"### Current Management Status and Goals\nOsaki Electric aims to achieve an ROE of 10.6% and a PBR of 1.31 times in FY2025, and recognizes the shareholder equity cost for FY2026 to be between 6.8% and 8.0%. An ROE of 8.5% is projected, with an early recovery to 10%. The PER is 12.9 times, aiming to enhance market valuation. Based on its medium-term management plan, the company is promoting structural reforms to boost profitability, improve working capital efficiency, compress non-core assets, and return value to shareholders.\n\n### Growth Strategy and Shareholder Return\nThe company plans to expand its smart meter business and solutions business domestically and internationally. It is also working to secure demand for the UK smart meter project and to reduce costs through organizational restructuring. Inventory reduction is targeted from 223 billion yen in FY2023 to 182 billion yen in FY2025. The dividend will be maintained at 49 yen annually, with a DOE target of 3%. Treasury stock acquisitions are scheduled to include approximately 3.96 million shares and about 4.5 billion yen over FY2024\u2013FY2026. The company aims to allocate cash flow efficiently across investments, growth initiatives, and shareholder returns to maintain a balanced approach.","jir_financial_highlights":"PBR: 1.31 times (As of March 31, 2026)\nROE: 10.6% (FY2025 results)\nPER: 12.9 times (FY2025 results)\nShareholder Equity Cost: 6.8% (lower limit)\u20138.0% (Forecast for FY2026)\nROE Outlook: 8.5% (Forecast for FY2026)\nAnnual Dividend: 49 yen (Maintained in plans for FY2025 and FY2026)\nNumber of Treasury Shares Acquired: Approximately 2.46 million shares in FY2024\u2013FY2025, up to 1.5 million shares in FY2026 (Planned to continue)\nAmount of Treasury Shares Acquired: Approximately 2 billion yen in FY2024\u2013FY2025, up to 2.5 billion yen in FY2026 (Planned to continue)\nInventory Reduction Target: 223 billion yen in FY2023 \u2192 182 billion yen in FY2025 (41 billion yen reduction) (In progress)\nInventory Reduction Target (Until FY2026): Approximately 30 billion yen reduction compared to FY2023 year-end (Planned to continue)","jir_category":"","jir_hashtags":"#OsakiElectric, #ManagementStrategy, #ShareholderReturn","jir_key_figures":"ROE 10.6% (FY2025 results)\nPBR 1.31 times (as of FY2025 end)\nAnnual dividend 49 yen (plans for FY2025 and FY2026)","jir_meta_title":"\u3010Osaki Electric\u3011Management Update Focused on Capital Costs | May 2026","jir_meta_description":"Osaki Electric achieved ROE 10.6%, PBR 1.31 times. For FY2026, shareholder equity cost is projected to be 6.8\u20138.0%, with dividends maintained at 49 yen, continuation of share buybacks, balancing growth and shareholder return.","jir_og_title":"\u3010Osaki Electric\u3011Management Update Focused on Capital Costs | May 2026","jir_og_description":"Achieved ROE 10.6%, PBR 1.31. Maintains dividends at 49 yen, continuing share buybacks to promote growth and shareholder return.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17250,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-48104","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n