In today’s briefing:
- Amid Slow ROE Improvement, Calls for Stronger Shareholder Returns Will Become Even Stronger
Amid Slow ROE Improvement, Calls for Stronger Shareholder Returns Will Become Even Stronger
- Modest profit growth and slow ROE growth are expected this year, and sustained TOPIX appreciation in the future will depend on increases in ROE and ROE+DOE.
- Lower OP Margin is the reason for the lack of ROE growth in FY3/2023. OP Margin and ROE are expected to have difficulty rebounding from this year’s profit forecast.
- Looking at the results of DOE, Total Dividends Paid and Dividend Payout for FY3/2023, which have not improved, there is still a lot of room for shareholder returns.
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