JII COMPOUNDERS · CAPITAL-ALLOCATION SIGNAL LOG

MIDAC HOLDINGS CO.,LTD. (6564)

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1 signals on file · latest 2026-06-18

2026-06-18 · 15:30 JSTCost-of-capital management (upd.)

COC Update – ROE >7-9% WACC target, maintain 15%+ level, PBR 2.95x as of FY3/26 close

ROE target to remain above 7–9% estimated WACC; FY3/26 ROE 17.3%, PBR 2.95x (3.02x as of 17 Jun 2026). FY3/27 dividend raised to 20 yen/share; interim ordinary dividend FY3/26 increased 14→18 yen/share. Plan focuses on landfill waste intake expansion, organic growth, and shareholder dialogue to lift PBR; interim ROE decline expected from planned capex for new waste-processing facilities.

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