Expand the retail business by reinforcing the store network
Mid-term target: Retail sales 160,000 cars
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
Our medium- to long-term goal is for earnings to at least exceed the cost of capital and aim for ROE of 10% or higher.
Updated December 17, 2018