In today’s briefing:
- More Companies Will Choose to Go Private Because They Can’t Find an Effective Use for Their Cash
- Reno De Medici – ESG Report – Lucror Analytics
More Companies Will Choose to Go Private Because They Can’t Find an Effective Use for Their Cash
- The problem lies in the fact that even with a 10% increase in net profit, ROE only grew by 0.5%. This is due to having too much cash on hand.
- TSE has provided an opportunity for companies to develop measures to increase their corporate value. However, not many companies can derive concrete ways to effectively use cash.
- Since many companies are expected to take time to find concrete solution to this problem, an increasing number of companies are expected to go private once they have done so.
Reno De Medici – ESG Report – Lucror Analytics
Lucror Analytics’ ESG Scores are based on a 3-tiered scale and are adjusted for Controversies (if applicable).
We assess Reno de Medici’s ESG as “Adequate”, in line with its Environmental and Governance scores. The company has a “Strong” score for the Social pillar. Controversies are “Immaterial” and Disclosure is “Strong”.
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