Tosei Corporation updates corporate governance report, targets ROE of at least 13%

SGX Filings

Jan 23

Tosei Corporation announced an updated Corporate Governance Report on Jan, 23 2026.

The filing outlines its “Action to Implement Management that is Conscious of Cost of Capital and Stock Price,” reaffirming an estimated cost of capital of about 8% and a WACC of roughly 4%. To exceed those hurdles, the real-estate group set a quantitative goal of maintaining a return on equity of 13% or higher.

Under its current medium-term plan “Further Evolution 2026” (Dec 2023 – Nov 2026), Tosei also aims for an equity ratio of around 35% and a Net D/E ratio of 1.4 times while balancing growth investment, financial soundness and shareholder returns.

The company said it is using a logic-tree approach to narrow its price-to-book ratio gap, focusing on lowering its cost of capital and improving earnings multiples. Full details of the governance framework, sustainability initiatives and capital-allocation policy were posted on its website.

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Full details of the governance framework, sustainability initiatives and capital-allocation policy were posted on its website.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"S2D.SI","symbol_name":"东诚","start_time":0,"source_url":"","article_id":"1174386664","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174386664","pubTimestamp":1769159296,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Tosei Corporation announced an updated Corporate Governance Report on Jan, 23 2026. 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