{"id":64680,"date":"2026-06-15T16:07:42","date_gmt":"2026-06-15T07:07:42","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6384-20260615-01_wp_basic\/"},"modified":"2026-07-12T12:04:02","modified_gmt":"2026-07-12T03:04:02","slug":"6384-20260615-01_wp_basic","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6384\/ir\/6384-20260615-01_wp_basic\/","title":{"rendered":"Update on Initiatives to Achieve Management That Considers Capital Costs and Stock 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-15","jir_source_link":"[Placeholder]","jir_short_summary":"Consolidated ROE improved to 7.3% year-on-year, but did not reach the ROE target of 10% or higher. Dividend for the fiscal year ending March 2026 is planned at 70 yen per share, payout ratio 49.8%. Aims to sustain enterprise value through reinforced earnings base and enhanced IR activities. As a next-step strategy, drive new revenue generation beyond crystal and optical devices and promote element technology development in collaboration with universities and other institutions.","jir_summary":"### Current performance and challenges\nConsolidated ROE for the fiscal year ending March 2026 improved to 7.3%, but did not reach the target of 10% or higher; ongoing efforts to strengthen the earnings base and improve productivity are required for ROE improvement. Consolidated PBR remains under 1x at 0.84x. Given high market dependence, measures to enhance mid- to long-term growth expectations are necessary.\n\n### Medium- to long-term policy and specific initiatives\nContinue to implement measures centered on strengthening the earnings base, stable shareholder returns, and enhanced IR activities. Seek to secure sustainable revenue outside the crystal and optical device segments, participate early in verification of next-generation product development, and promote element technology development through collaboration with academic institutions. In terms of shareholder returns, emphasize stability based on DOE (dividend on equity) and set a target payout ratio around 50%.","jir_financial_highlights":"Consolidated ROE: 7.3%\nConsolidated PBR: 0.84x\nEarnings per share (JPY): 70\nConsolidated payout ratio: 49.8%","jir_category":"Other","jir_hashtags":"#ShowaVacuum, #IR, #JapanEquities","jir_key_figures":"Consolidated ROE: 7.3%\nConsolidated PBR: 0.84x\nEarnings per share: 70 JPY\nDividend payout ratio: 49.8%","jir_meta_title":"\u3010Showa Vacuum\u3011Management Update with Capital Cost and Stock Price Considerations | June 2026","jir_meta_description":"Showa Vacuum presents the current status of management focused on capital cost and stock price, and future initiatives. 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