Points
- Selective investment in 20 stocks, focusing on companies that compete globally and continuously enhance their corporate value.
- Selective investment in companies that double their corporate value within 10 years by sustaining and enhancing ROE above the cost of equity.
- In the process of selective investment, we analyze and evaluate with the perspective that organizational strategy is key to cultivating a company's foundation, and that only in fertile ground can a company sustain strong competitiveness.
Summary
Through fundamental analysis based on bottom-up research by analysts, we focus our investments on companies that continuously enhance their corporate value, aiming for the medium- to long-term growth of assets.
How to analyze and evaluate sustainable companies.
We believe that a company’s sustainability is influenced by the effectiveness of its business and organizational strategies. In particular, we consider organizational strategy to be key to cultivating a company’s foundation, as only in fertile ground can a company sustain and enhance its strong competitiveness. As shown in the diagram below, we evaluate companies from four perspectives, placing particular emphasis on areas closely related to organizational strategy, namely ③ Leadership/Governance and ④ Organizational Capital/Employees. We highly value companies that, under strong management commitment, foster a transformation mindset throughout the organization, maintain a relentless focus on profitability, and demonstrate both the determination and execution needed to follow through. Companies with such a solid foundation are highly regarded from a sustainability perspective.
Evaluation angles
Investment Process
