Sanyo Denki targets higher returns, increased shareholder value

Sanyo Denki announced a strategic plan to enhance shareholder value by focusing on cost of capital and improved stock performance. The company aims to consistently maintain a PBR of 1.0 times or higher by enhancing both ROE and PER. The plan includes initiatives to achieve sustainable sales growth, stable profits, and effective capital market communication. Specifically, Sanyo Denki is targeting a total payout ratio of 35%, combining performance-based dividends and flexible capital measures like share buybacks. For FY2025, the company anticipates a dividend payout ratio of around 30% plus flexible share buybacks. Sanyo Denki also commits to increased engagement with shareholders and investors to foster a deeper understanding of its business strategy.