{"id":2876,"date":"2022-04-08T18:34:06","date_gmt":"2022-04-08T10:34:06","guid":{"rendered":"https:\/\/www.hibiki-path-advisors.com\/?p=2876"},"modified":"2022-05-31T03:13:36","modified_gmt":"2022-05-30T19:13:36","slug":"post-2876","status":"publish","type":"post","link":"https:\/\/www.hibiki-path-advisors.com\/en\/message\/2022\/post-2876\/","title":{"rendered":"02\/Mar\/2022 &#8211; Proposal for valuation improvement to DAIICHI CUTTER KOGYO K.K."},"content":{"rendered":"<p><span data-contrast=\"auto\">Hibiki Path Advisors<\/span><span data-contrast=\"auto\">\uff08<\/span><span data-contrast=\"auto\">\u201dHibiki\u201d<\/span><span data-contrast=\"auto\">\uff09<\/span><span data-contrast=\"auto\">made a presentation (link below) on March 2nd, to DAIICHI CUTTER KOGYO K.K.<\/span><span data-contrast=\"auto\">\uff08<\/span><span data-contrast=\"auto\">\u201dDaiichi cutter\u201d<\/span><span data-contrast=\"auto\">\uff09<\/span><span data-contrast=\"auto\">\u00a0regarding corporate governance improvement, various IR strategies, and appropriate dividend level\/policy.<\/span><\/p>\n<p><span data-contrast=\"auto\">CEO Takahashi<\/span><span data-contrast=\"auto\">\u00a0fully acknowledged our view\u00a0 particularly on 1)the lack of market recognition of its true corporate value, which has been derived from the company&#8217;s conservative earnings estimates and mid-term management plans, 2) the need for more appropriate financial measures.<\/span><\/p>\n<p><span data-contrast=\"auto\">Daiichi cutter<\/span><span data-contrast=\"auto\">\u00a0also\u00a0storngly\u00a0agreed that in order to improve its recognition in the capital market and increase its corporate valuation, it is necessary not only to expand its business but also to conduct IR more\u00a0proacitvely\u00a0and strategically.\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Hibiki will continue to discuss with Daiichi cutter about future measures and report our engagement in our media. We are committed to working with them side-by-side in order to bring a spotlight to this humble but well-run company.<\/span><\/p>\n<p><span data-contrast=\"auto\">This document does not constitute an offer, recommendation or solicitation to buy or sell any security or enter into any other transaction. Hibiki does not purport to provide any investment, financial, legal or other expert advice or recommendation in this document.<\/span><\/p>\n<p><a class=\"btn\" href=\"https:\/\/www.hibiki-path-advisors.com\/wp-content\/uploads\/2022\/04\/202203_Daiichi-cutter_Proposal-for-valuation-improvement_ENG.pdf\">BETTER GOVERNANCE AND DIVIDEND POLICY FOR VALUATION IMPROVEMENT<\/a><br \/>\n<a class=\"btn\" href=\"https:\/\/hibiki-investment-news.com\/recommends\/1716\/\">Investee Introduction (only in Japanese)\uff1aDAIICHI CUTTER KOGYO\uff081716\uff09<\/a><\/p>","protected":false},"excerpt":{"rendered":"\u3072\u3073\u304d\u30fb\u30d1\u30fc\u30b9\u30fb\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u30ba\uff08\u4ee5\u4e0b\u3001\u300c\u3072\u3073\u304d\u300d\uff09\u306f3\u67082\u65e5\u3001\u7b2c\u4e00\u30ab\u30c3\u30bf\u30fc\u8208\u696d\u682a\u5f0f\u4f1a\u793e\uff08\u4ee5\u4e0b\u3001\u300c\u7b2c\u4e00\u30ab\u30c3\u30bf\u30fc\u300d\uff09\u306b\u5bfe\u3057\u3001\u4eca\u5f8c\u306e\u30b3\u30fc\u30dd\u30ec\u30fc\u30c8\u30fb\u30ac\u30d0\u30ca\u30f3\u30b9\u306e\u5411\u4e0a\u3001\u591a\u9762\u7684\u306aIR\u6226\u7565\u3001\u53ca\u3073\u9069\u5207\u306a\u914d\u5f53\u6c34\u6e96\/\u653f\u7b56\u306b\u3064\u3044\u3066\u30d7\u30ec\u30bc\u30f3\u30c6\u30fc\u30b7\u30e7\u30f3\uff08\u4e0b\u8a18\u30ea\u30f3\u30af\u53c2\u7167\uff09\u3092\u3057\u3066\u304d\u307e\u3057\u305f\u3002 \u7279\u306b\u3001\u5f93\u524d\u3088\u308a\u696d\u7e3e\u4e88\u60f3\u3084\u4e2d\u671f\u7d4c\u55b6\u8a08\u753b\u3092\u4fdd\u5b88\u7684\u306b\u516c\u8868\u3057\u3066\u304d\u305f\u3053\u3068\u7b49\u306b\u3088\u308a\u672c\u6765\u306e\u5b9f\u529b\u5024\u304c\u5e02\u5834\u8a55\u4fa1\u306b\u7d50\u3073\u3064\u3044\u3066\u3044\u306a\u3044\u70b9\u3084\u3001\u3088\u308a\u9069\u5207\u306a\u8ca1\u52d9\u65bd\u7b56\u306e\u5fc5\u8981\u6027\u306b\u3064\u3044\u3066\u9ad9\u6a4b\u793e\u9577\u3054\u81ea\u8eab\u3082\u5f37\u3044\u554f\u984c\u610f\u8b58\u3092\u6301\u305f\u308c\u3066\u3044\u305f\u6a21\u69d8\u3067\u5927\u5909\u5efa\u8a2d\u7684\u306a\u610f\u898b\u4ea4\u63db\u306e\u6a5f\u4f1a\u3068\u306a\u308a\u307e\u3057\u305f\u3002 \u307e\u305f\u3001\u7b2c\u4e00\u30ab\u30c3\u30bf\u30fc\u306b\u5bfe\u3059\u308b\u8cc7\u672c\u5e02\u5834\u306e\u8a8d\u77e5\u5ea6\u5411\u4e0a\u3084\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u3092\u9ad8\u3081\u308b\u305f\u3081\u306b\u306f\u3001\u4e8b\u696d\u3092\u3057\u3063\u304b\u308a\u62e1\u5927\u3057\u3066\u3044\u304f\u306e\u307f\u306a\u3089\u305a\u3001IR\u3092\u3088\u308a\u7a4d\u6975\u7684\u306b\u304b\u3064\u6226\u7565\u7684\u306b\u884c\u3046\u3053\u3068\u304c\u5fc5\u8981\u3067\u3042\u308b\u70b9\u3082\u5f37\u304f\u8179\u843d\u3061\u3044\u305f\u3060\u3051\u305f\u3088\u3046\u3067\u3059\u3002 \u5f15\u304d\u7d9a\u304d\u7b2c\u4e00\u30ab\u30c3\u30bf\u30fc\u3068\u3001\u4eca\u5f8c\u306e\u65b9\u7b56\u306b\u3064\u3044\u3066\u8b70\u8ad6\u3092\u91cd\u306d\u3066\u3044\u304d\u3001\u3053\u3061\u3089\u306b\u5831\u544a\u3057\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u7b2c\u4e00\u30ab\u30c3\u30bf\u30fc\u306e\u826f\u3055\u3092\u3055\u3089\u306b\u5e02\u5834\u306b\u77e5\u3089\u3057\u3081\u308b\u305f\u3081\u3001\u79c1\u3069\u3082\u3082\u4e00\u7dd2\u306b\u6c57\u3092\u6d41\u3059\u899a\u609f\u3067\u3059\u3002 \u5c1a\u3001\u672c\u30d7\u30ec\u30bc\u30f3\u30c6\u30fc\u30b7\u30e7\u30f3\u306f\u3001\u7279\u5b9a\u306e\u6709\u4fa1\u8a3c\u5238\u306e\u53d6\u5f97\u306e\u7533\u8fbc\u307f\u306e\u52e7\u8a98\u82e5\u3057\u304f\u306f\u58f2\u8cb7\u306e\u63a8\u5968\u53c8\u306f\u6295\u8cc7\u3001\u6cd5\u52d9\u3001\u7a0e\u52d9\u3001\u4f1a\u8a08\u305d\u306e\u4ed6\u3044\u304b\u306a\u308b\u4e8b\u9805\u306b\u95a2\u3059\u308b\u52a9\u8a00\u3092\u884c\u3046\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002 \u30ac\u30d0\u30ca\u30f3\u30b9\u5411\u4e0a\u3068\u9069\u5207\u306a\u914d\u5f53\u653f\u7b56\u306b\u3088\u308b\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u6539\u5584\u306e\u3054\u63d0\u6848 \u6295\u8cc7\u5148\u7d39\u4ecb\uff1a\u7b2c\u4e00\u30ab\u30c3\u30bf\u30fc\u8208\u696d\uff081716\uff09Hibiki Path Advisors\uff08\u201dHibiki\u201d\uff09made a presentation (link below) on March 2nd, to DAIICHI CUTTER KOGYO K.K.\uff08\u201dDaiichi cutter\u201d\uff09\u00a0regarding corporate governance improvement, various IR strategies, and appropriate dividend level\/policy. CEO Takahashi\u00a0fully acknowledged our view\u00a0 particularly on 1)the lack of market recognition of its true corporate value, which has been derived from the company&#8217;s conservative earnings estimates and mid-term management plans, 2) the need for more appropriate financial measures. Daiichi cutter\u00a0also\u00a0storngly\u00a0agreed that in order to improve its recognition in the capital market and increase its corporate valuation, it is necessary not only to expand its business but also to conduct IR more\u00a0proacitvely\u00a0and strategically.\u00a0 Hibiki will continue to discuss with Daiichi cutter about future measures and report our engagement in our media. We are committed to working with them side-by-side in order to bring a spotlight to this humble but well-run company. This document does not constitute an offer, recommendation or solicitation to buy or sell any security or enter into any other transaction. Hibiki does not purport to provide any investment, financial, legal or other expert advice or recommendation in this document. BETTER GOVERNANCE AND DIVIDEND POLICY FOR VALUATION IMPROVEMENT Investee Introduction (only in Japanese)\uff1aDAIICHI CUTTER KOGYO\uff081716\uff09","protected":false},"author":6,"featured_media":532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,39,45],"tags":[],"class_list":{"0":"post-2876","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-36","8":"category-engagement","9":"category-45"},"views":11000,"_links":{"self":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts\/2876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/comments?post=2876"}],"version-history":[{"count":10,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts\/2876\/revisions"}],"predecessor-version":[{"id":3043,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts\/2876\/revisions\/3043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/media\/532"}],"wp:attachment":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/media?parent=2876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/categories?post=2876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/tags?post=2876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}