Claims
- 1. A business performance index processing system, comprising:
a computer that performs calculations for obtaining, based on a probability distribution of a ratio of the value of profit to an investment amount, a capital composition (debt/equity ratio) that satisfies a predetermined default probability, a weighted average cost of capital based on the capital composition, a borrowing cost, and an equity cost, and market efficiency value added (MEVA), from the weighted average cost of capital based on a net operating profit after tax; and a display device that, based on the results of these calculations, gives a display of data created relating to MEVA.
- 2. The business performance index processing system according to claim 1, wherein, the display device displays a forecast value for each of fiscal years making up an entire period subjected to calculation relating to MEVA.
- 3. The business performance index processing system according to claim 1, wherein, the display device displays a cumulative value of a forecast value for each of fiscal years making up an entire period subjected to calculation relating to MEVA.
- 4. The business performance index processing system according to claim 1, wherein, the display device displays a forecast value for each of fiscal years making up an entire period subjected to calculation relating to MEVA, and a cumulative value of the forecast value for each of fiscal years making up the entire period subjected to calculation relating to MEVA, with said forecast value compared with said cumulative value.
- 5. The business performance index processing system according to claim 1, wherein, the display device displays a forecast value for each of fiscal years making up an entire period subjected to calculation relating to MEVA, and a record value for each of fiscal years making up the entire period subjected to calculation relating to MEVA, with said forecast value compared with said record value.
- 6. The business performance index processing system according to claim 1, wherein, the display device displays a cumulative value of a forecast value for each of fiscal years making up an entire period subjected to calculation relating to MEVA, and a cumulative value of a record value for each of fiscal years making up the entire period subjected to calculation relating to MEVA, with said cumulative value of the forecast value compared with said cumulative value of the record value.
- 7. The business performance index processing system according to claim 1, wherein, the display device displays a plurality of business plans under way on a screen thereof relating to MEVA.
- 8. The business performance index processing system according to claim 1, wherein, the display device displays data relating to MEVA on a semi-annual, quarterly, or monthly basis for an entire period subjected to calculation.
- 9. The business performance index processing system according to claim 3, wherein, the display device displays the cumulative value relating to MEVA as discounted using a cost of capital or a risk-free rate.
- 10. The business performance index processing system according to claim 3, wherein, the display device displays, relating to MEVA, a forecast value for each of an invested capital, sales, a profit after tax, a weighted average cost of capital, and a MEVA for each of fiscal years making up the entire period subjected to calculation in comparison with one another, with each item compared with one another, as calculated from the calculated MEVA.
- 11. The business performance index processing system according to claim 10, wherein, a forecast value, a record value, and a difference between these two values, are displayed for each of the invested capital, sales, profit after tax, weighted average cost of capital, and MEVA.
- 12. The business performance index processing system according to claim 11, wherein, the record value displayed for each of the invested capital, sales, profit after tax, weighted average cost of capital, and MEVA is replaced, after evaluation, by a forecast value as obtained by reviewing the same based on the record value immediately near the evaluation point.
- 13. The business performance index processing system according to claim 1, wherein, the display device displays, relating to MEVA, in a graph a probability distribution of a net operating profit after tax based on MEVA calculated for each investment plan.
- 14. The business performance index processing system according to claim 1, wherein, the display device displays data relating to MEVA for each business unit or for an entire enterprise.
- 15. The business performance index processing system according to claim 14, wherein, the display device displays, relating to MEVA, an invested capital, sales, a profit after tax, a cost of capital, a MEVA, a stockholders' equity, an internal capital, and a difference in capital for each business, based on MEVA calculated for all businesses.
- 16. The business performance index processing system according to claim 15, wherein, the invested capital, the sales, the profit after tax, the cost of capital, the MEVA, the stockholders' equity, the internal capital, and the difference in capital for each business are displayed in terms of a simple addition of each of these items and an addition taken with correlation among different businesses taken into consideration, with said additions compared with each other.
- 17. The business performance index processing system according to claim 16, wherein, the display device displays, relating to MEVA, a graph representing the calculated MEVA in relation to an invested capital for all businesses subjected to calculation, said graph being displayed with each business item connected to each other.
- 18. The business performance index processing system according to claim 1, wherein, the display device displays, relating to MEVA, risk-return data calculated based on MEVA calculated for all businesses and an effective frontier induced therefrom.
- 19. The business performance index processing system according to claim 1, wherein, the display device displays, relating to MEVA, MEVA calculated for each business unit together with an effect (with correlation taken into consideration) of a specific business unit in question on MEVA of an entire enterprise.
- 20. The business performance index processing system according to claim 1, wherein, the display device displays, relating to MEVA, an accumulated discounted value of MEVA calculated for each business unit and an effect on MEVA of an entire enterprise (Marginal Accumulated Discounted-MEVA) shown in an at-a-glance table format.
- 21. A system for processing business performance. index using a computer, comprising:
a storage device having therein a file that stores therein information relating to credit rating and default probability, a file that stores therein information relating to stock prices, a file that stores therein information relating to a ratio of a value of profit to an invested capital (ROI), and a file that stores therein information relating to a profit after tax; an input unit with which information to be stored in any of these files is input or a command for inputting of the information is issued; a processing unit that performs the calculations, in relation to the information stored in these files, for obtaining a required capital composition (an optimum debt/equity ratio) of an invested capital based on a probability distribution of a return on investment, obtaining a weighted average cost of capital based on the capital composition, a borrowing cost, and an equity cost, and obtaining a market efficiency value added (MEVA) from the weighted average cost of capital and a net operating profit after tax; and a display device that displays data created relating to MEVA based on a result of processing performed by the processing unit.
- 22. The business performance index processing system according to claim 21, wherein, the display device displays a forecast value for each predetermined segment of an entire period of calculation concerning MEVA or information relating to accumulation of the forecast values.
Priority Claims (1)
Number |
Date |
Country |
Kind |
2001-369083 |
Dec 2001 |
JP |
|
CROSS-REFERENCE TO RELATED APPLICATIONS
[0001] The present application relates to application Ser. No. 10/227,796, filed Aug. 27, 2002, entitled “BUSINESS PERFORMANCE INDEX PROCESSING SYSTEM”, by I. Genichiro, et al., the contents of which are incorporated herein by reference.