Faculty
UACJ Endowed Chair Adjunct ProfessorTeruo KAWASHIMA
- 【Specialized Fields】
- Finance (Finance/Capital Strategy, Capital Efficiency), Accounting (Financial accounting/Taxation/Management accounting), IR (IR Strategy, Disclosure, Institutional Investment Response (Including Activists), M&A
- 【Background】
- Graduated from the graduate school of international social Sciences, Yokohama National University (MBA). Joined Sumitomo Light Metals, in charge of Accounting/Finance Division, Acquisition of U.S. Companies in 2011, and Management Integration in 2013 (currently UACJ). From 2016, I was stationed in Chicago as head of the U.S. region. Since 2022, I has been in charge of finance, management strategy, and corporate communications (Director, Executive Vice President).
- 【Publications】
- Discussion of IFRS/ Revenue Recognition and Transfer Pricing Taxation (Master's thesis, 2011)
Managing with an Awareness of Capital Costs and Stock Prices (PBR): Theories and Examples (2025)
- 【Message】
- Capital-efficiency has been a KPI in corporate management over the past few years, and PBR using stock prices as an indicator has been required.
On the other hand, in addition to capital efficiency, capital cost, and PBR, companies are becoming more important than enhancing corporate value, such as responding to climate change and utilizing human capital, and communicating with capital markets.
I would like to think together about how we should tackle this issue from the perspective of the company.