また、バランスシートの効率化に取り組むとともに、政策保有株式の縮減に伴う売却益の発生が見込まれることから、2027年3月期のROE目標を11％以上に上方修正する。On the 8th, Takuma <6013> announced a policy to reduce shareholding in policy holdings. Since announcing the 14th medium-term management plan (2024-2026, hereinafter referred to as the "14th medium term") in May of this year, the company has been engaging in dialogue with shareholders and investors to further enhance corporate value, and the decision was made as a result of ongoing discussions in the board of directors, referencing the opinions gathered through this dialogue.
Traditionally, the company has been reducing its shareholding in policy holdings while regularly verifying the appropriateness of all listed shares it holds. To accelerate these efforts further, the goal is to reduce shareholding in policy holdings to less than 15% of consolidated net assets by the end of the fiscal year ending March 2027 (with a planned divestment of approximately 7 billion yen), and to reduce it to less than 10% by the end of the fiscal year ending March 2029 (with an additional divestment of approximately 3 billion yen).
Focusing on the reduction of shareholding in policy holdings, the company aims to enhance the efficiency of its balance sheet, with the cash generated being allocated to shareholder returns (dividends and share buybacks). Accordingly, the total shareholder return during the 14th medium-term period is expected to amount to 33 billion yen over three years, with a payout ratio of 50%, resulting in a total return ratio of approximately 110%.
Additionally, along with efforts to enhance the efficiency of the balance sheet, anticipated gains from the divestments associated with the reduction of shareholding in policy holdings lead to an upward revision of the ROE target for the fiscal year ending March 2027 to over 11%.
