Action to Implement Management that is Conscious of Cost of Capital and Stock Price

Assumptions for Cost of Capital

Assumptions for Cost of Capital

Total Shareholder Return (TSR) Logic Tree

Total Shareholder Return (TSR) Logic Tree

TSR(Total Shareholder Return) / Dividend yield

TSR(Total Shareholder Return) / Dividend yield

Cash Allocation(FY2026 to FY2030)

Cash Allocation

Understanding and Target for Market Evaluation

Understanding and Target for Market Evaluation

Decreasing the Cost of Capital

Decreasing the Cost of Capital

Adapting to the Rules of Next-Generation TOPIX

Adapting to the Rules of Next-Generation TOPIX

Related links

March 19, 2026 Briefing for Analysts and Institutional Investors FY2026 Briefing for Analysts and Institutional Investors [PDF 12.2MB/88 pages]
TOP