Valor Holdings Co., Ltd. · TSE:9956
Valor — Corporate Update (May 2025)
7 slides from Valor's corporate update, May 13, 2025
Slide 1: Measures for Achieving the Management Conscious of Cost of Capital and Stock Prices (Update)
Measures for Achieving the Management Conscious of Cost of Capital and Stock Prices （Update） Valor Holdings Co., Ltd.（９９５６） May １３, 2025 Note: This document has been translated from the Japanese original for reference only. In the event of any discrepancy between this translated document and the Jap
Slide 2: Summary
■Summary Update on the May 14, 2024 disclosure:Measures for Achieving the Management Conscious of Cost of Capital and Stock Prices ■As of End-March 2025: PBR: 0.7x ROE: 8.1% PER: 10.3x ■Aim: Enhance ROE and PER through the implementation of management conscious of capital cost, with the goal of achi
Slide 3: Current Analysis 1: ROE Exceeds Cost of Equity
■Current Analysis 1 ROE Exceeds Cost of Equity ■The cost of equity is estimated at approximately 7%, and the WACC at around 5%, based on the Company’s own calculations. ■ROE as of the end of March 2025 stood at 8.1%, exceeding the cost of equity for the second consecutive year, driven by share buyba
Slide 4: Current Analysis 2: PBR Remains Below 1.0x and PER Stays Low
■Current Analysis 2 PBR Remains Below 1.0x and PER Stays Low ■ As of the end of March 2025, the PBR stood at 0.7x. We recognize that the continued PBR below 1.0x since the fiscal year ended March 2020 is primarily due to a decline in earnings power following the COVID-19 pandemic, which led to an in
Slide 5: Actions to Improve PBR and Enhance ROE and PER
■Actions to Improve PBR and Enhance ROE and PER ➢ We aim to achieve a PBR of 1x at an early stage and maintain a sustainable ROE of 8% or higher, with a long-term target of 10%. ■ デスティネーション・ストアの推進 ◼ Destination store strategy Enhancing 稼ぐ力の向上 Earning Power ◼ PB ■ グループの資源を有効活用したPB商品の製造及び販売強化 product
Slide 6: Continued Commitment to Shareholder Return Policy
■Continued Commitment to Shareholder Return Policy ■ FY25 total return ratio: 43% (¥2.28B buybacks included) ➢ Dividend payout target: 30%; progressive policy maintained ➢ DOE (Dividend on Equity): Maintain a minimum of 2% ➢ Aim to strike an optimal balance between: - Strategic growth investments -
Slide 7: Challenge Advance Creation
Challenge Advance Creation https://valorholdings.co.jp/