Small Talk Can human capital management improve PBR? The true nature of "earning power" that investors are focusing on.
Why is "human capital management" attracting so much attention from investors now? The key to improving the PBR (price-to-book ratio) and increasing a company's market capitalization lies in the "power of people," which is not reflected in financial statements. Based on the latest stock market indices and Asahi Group Holdings' unique indicators, this presentation will provide a clear and easy-to-understand explanation from a professional perspective of how human capital generates future profits (cash flow).



