In today’s briefing:
- While Raising Profit Margin Isn’t Easy, the Focus Is on Reducing Policy-Shares and Cash on Hand
While Raising Profit Margin Isn’t Easy, the Focus Is on Reducing Policy-Shares and Cash on Hand
- While cash on hand is high, many companies have not been able to improve their return on capital, so more companies are expected to announce shareholder returns, including share repurchases.
- The change in awareness of companies can be attributed largely to the changing environment of high foreign ownership and TSE requests.
- Since it takes time to raise the profit margin, and it’s not easy to identify CapEx opportunities, the measures to improve ROE will reduce policy shareholdings and cash on hand.