Avoids owning land
Investment recovery possible in 36 months
Decide on store openings depending on store manager training and recruitment of sales personnel
Our policy is to balance investment for growth and shareholder returns, as well
as to ensure financial soundness.
Our target is for earnings to exceed the cost of capital over the medium to long term.
Invest in store openings under the basic strategy of retail business expansion
Strategic investment in IT that supports business growth
Focus on dividends
Performance-linked dividend policy
As for medium- to long-term goals, we secure a profit that at least exceeds the cost of capital while aiming to enhance capital efficiency.
Updated December 17, 2018