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As you can see on the previous page, PBR was 0.96x as of February 7, 2024, which is below 1x.
We will steadily promote the initiatives set forth in the medium-term management plan 2025 to improve earning power and efficiency, which is the theme of the Medium-Term Management Plan, and continue to achieve ROE that exceeds the cost of shareholders' equity,
In addition, we will work on the company-wide policies of Environmental Management and Digital transformation (DX) set forth in the long-term management policy, and promote the business policies of intellectual asset utilization and partner co-creation to achieve sustainable growth over the medium to long term.
To realize these policies, we intend to strengthen our management foundation, including financial and capital strategies, human capitals and organizational climate, governance, and building relationships with shareholders.
Through the above efforts, we will strive to be properly evaluated in the capital market.
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