Daily BriefsESG

Daily Brief ESG: The Good Case Companies Had More Opportunities to Reflect on Cost of Capital and Return on Capital and more

In today’s briefing:

  • The Good Case Companies Had More Opportunities to Reflect on Cost of Capital and Return on Capital


The Good Case Companies Had More Opportunities to Reflect on Cost of Capital and Return on Capital

By Aki Matsumoto

  • Characteristic of companies TSE introduced as good disclosure examples is that they include more companies with a high foreign ownership and those that pay relatively close attention to cash allocation.
  • Not all companies that are good examples have increased their valuations noticeably compared to before TSE market restructuring, but TSE has chosen them based on the content of their initiatives.
  • These companies didn’t create their cash allocation policies abruptly, but had more opportunities to think through cost of capital, return on capital and stock price through engagements with overseas investors.

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