Source disclosure: February 16, 2026
CHIeru Co., Ltd. [3933.T]
TOKYO, Feb 16 (Pulse News Wire) – Chieru CO.,LTD. (3933.T) announced today that its board of directors held, resolved to address capital costs and shareholder returns.
The company analyzed its current situation and outlined plans to improve its performance moving forward. In the analysis, CHIeru identified its weighted average cost of capital (WACC) based on CAPM calculations. Using the January 2026 yield rate of 10-year government bonds at 2.245% percent, a beta of 0.638 derived from comparing stock prices against TOPIX over the past two years, and an equity risk premium of 5.88% percent calculated by SMBC Nikko Securities, the WACC was estimated at approximately 6.0%. Over the last five years, with a beta of 0.743, the WACC averaged around 6.6% percent. Regarding profitability, the company's return on equity (ROE) stood at 14.7% for the fiscal year ending March 2025 and is projected to reach 14.9% for the fiscal year ending March 2026, significantly exceeding the average WACC over the past two and five years.
This growth has been driven by utilizing shareholders' funds effectively. To further enhance shareholder value, CHIeru plans to implement several strategies within its Sixth Medium-Term Business Plan from April 2024 to March 2027. Key initiatives include maintaining high ROE levels and reducing the WACC. Specific measures involve continuous product development, strategic business realignment, international partnerships, ESG enhancement, and increased investor relations activities aimed at stabilizing beta and lowering the WACC. By focusing on these areas, CHIeru aims to sustainably increase its share price while continuing to deliver strong returns to shareholders.
AI-translated content. 🟢 Confidence: High See terms • Original filing