Message from the Financial Officer
This website uses automated machine translation. Please note that translations may not be fully accurate and may differ from the original Japanese text.
Accelerating the improvement of capital efficiency and investments for growth while firmly maintaining financial discipline
In FY2025, we endeavored to reconstruct the foundation for achieving GROWTH amid a dramatically changing environment. We posted an impairment loss in the business of CNT dispersions because of the slowdown of the EV market, and it significantly impacted our quantitative results. Although operating profit hit a new high, profit attributable to owners of parent fell and ROE stood at a low 3.9% because of this extraordinary factor. On the other hand, excluding the impact of that extraordinary factor, our profitability improved steadily. We forecast that our financial results will continue to improve in FY2026.
ROE in particular is such a key indicator that management is committed to achieving the 8% target set in the artience2027 Medium-term Management Plan. We will combine our business portfolio transformation, whose goal is mainly to increase operating profit, and capital policies, including the systematic sale of cross-shareholdings and the increase in shareholder returns, in a steady effort to reach that 8% target.
Currently, our PBR is below 1. My understanding is that this is due to our failing to achieve the ROE target on a real basis, and that it does not reflect our future growth potential. We must communicate our strategies and progress in detail through investor relations activities to increase investors' expectations. We will incorporate investor feedback into specific measures and management plans.
ROE in particular is such a key indicator that management is committed to achieving the 8% target set in the artience2027 Medium-term Management Plan. We will combine our business portfolio transformation, whose goal is mainly to increase operating profit, and capital policies, including the systematic sale of cross-shareholdings and the increase in shareholder returns, in a steady effort to reach that 8% target.
Currently, our PBR is below 1. My understanding is that this is due to our failing to achieve the ROE target on a real basis, and that it does not reflect our future growth potential. We must communicate our strategies and progress in detail through investor relations activities to increase investors' expectations. We will incorporate investor feedback into specific measures and management plans.
June 2026
Executive Director Operating Officers Finance, IR, and Information Systems
Takeshi Arimura
PICK UP
Share
