Go to global navigation

Read the article

Go to local navigation

Go to footer



Home > Investor Relations > Management Policy > Long-term Management Vision

Long-term Management Vision


Vision of the Future Targeted by JSF

As Japan’s only securities finance company supporting the infrastructural functions of securities and financial markets, JSF aims to be a distinct and unique company, with a high degree of agility and flexibility, that achieves sustainable growth and enhances its corporate value, while maintaining strong financial soundness, through its contributions to the development of securities and financial markets.

Corporate Message

Be unique. Be a pioneer.

Long-term Direction

As Japan’s only securities finance company, in the future as well, JSF will continue to agilely and flexibly address the trading needs of securities and financial market participants. Through its contributions to market development, JSF will seek to concentrate the collective efforts of its Group companies to sustain growth and enhance its corporate value, while maintaining strong financial soundness.
Under this management direction, in the future as well, JSF will strive to steadily strengthen its earnings base and seek the stable and steady improvement of its capital efficiency, while remaining mindful of the cost of capital, and will continue to work towards the steady improvement of its ROE, keeping the 8% level in mind.
At the same time, with regard to shareholder returns, JSF will continue to maintain a total payout ratio of 100% during the period of its 7th Medium-Term Management Plan (the three fiscal years from FY2023 through FY2025), and will fully strive to enhance shareholder returns thereafter as well.
Through these management efforts, JFS aims to establish a market valuation with a PBR in excess of 1x.
In addition, under its organizational design as a company with a nomination committee, etc., JSF will strive to strengthen its corporate governance by tackling sustainability issues while focusing on the further improvement of the effectiveness of the deliberations
by its Board of Directors and respective committees, the further enhancement of the disclosure of information, and the formation of a deep human capital base.
(Related Press Release)
as of Nov 19, 2021