Kyushu Electric Power Co., Inc.
Setting "ROIC Targets to Further Increase Kyuden Group’s Corporate Value" - Emphasizing capital efficiency to create further corporate value -
The Kyuden Group introduced ROIC (return on invested capital) as a new management indicator in FY2022 to increase the corporate value of the group in the mid-to-long term by taking a capital efficient approach to management. Through it, the Kyuden Group aims to balance the acceleration of growth businesses with strengthening the financial foundation to achieve the FY2030 management goal of "150円 billion of ordinary income" (as announced in "Integrated Report FY 2022 [issued on September 30, 2022]").
The Kyuden Group has set their FY2025 and FY2030 targets for ROIC, aiming to promote more effective use of ROIC management.
ROIC targets※(注記)
| FY | Target |
|---|---|
| FY2025 | Consolidated ROIC of 2.5% or more |
| FY2030 | Consolidated ROIC of 3.0% or more |
※(注記) ROIC=Ordinary income (earnings before interest after taxes (EBIAT)) / Invested capital (interest-bearing debt + shareholders' equity)
To achieve these targets, the Kyuden Group will come together as one to deepen ROIC management and increase capital efficiency to pursue sustainable growth and increase mid-to-long term corporate value.