In today’s briefing:
- Ways Should Be Explored to Make Companies More Effective in Disclosing Their Cost of Capital
Ways Should Be Explored to Make Companies More Effective in Disclosing Their Cost of Capital
- Recognizing the cost of capital and return on capital is an important factor in determining business strategy, but not many companies disclose their cost of capital and specific management vision.
- In order to increase the effectiveness of disclosure of the cost of capital, we should consider changing the Corporate Governance Code to require disclosure by prime market listed companies.
- JPX Prime 150 Index, which is based on “equity spreads,” has begun to be calculated, but it has’t attracted much attention since its performance doesn’t differ from that of TOPIX.