Daikin has made efforts to maximize corporate value by focusing on several management indices.
We believe that maximizing corporate value is our most important management issue. As part of our active business expansion and improvement of our management system, we have adopted a quasi-company system as well as the following management indices: FCF (free cash flow), DVA (Daikin value added), ROA (return on assets), and ROE (return on equity).
We regard free cash flow as the most important index, as it closely reflects all other indices. We have taken steps to increase cash flow through sweeping reductions in receivables and inventory.
For recent trends, please see the charts in "Financial Data for the Past 5 Years" under "Financial Information."