Funding capital expenditures and working capital with internal funds
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2025.
103 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The group’s working capital is funded with cash on hand, including retained earnings such as profits. Given the nature of the construction industry, the company rarely has capital investment plans requiring consideration of external funding. Even when the group makes capital investments, its basic policy is, in principle, to fund them with internal funds rather than borrowings.」
The company continues its policy of funding working capital and capital expenditures with retained earnings and internal funds and, in principle, not using borrowings. - FY2023RestatedAnnual report
「The group’s working capital is funded with cash on hand, including retained earnings such as profits. Given the nature of the construction industry, the company rarely has capital investment plans requiring consideration of external funding. Even when the group makes capital investments, its basic policy is, in principle, to fund them with internal funds rather than borrowings.」
The company continues its policy of funding working capital and capital expenditures with retained earnings and internal funds and, in principle, not using borrowings. - FY2020RestatedAnnual report
「The group’s working capital is funded with cash on hand, including retained earnings such as profits. Given the nature of the construction industry, the company rarely has capital investment plans requiring consideration of external funding. Even when the group makes capital investments, its basic policy is, in principle, to fund them with internal funds rather than borrowings.」
The company continues its policy of funding working capital and capital expenditures with retained earnings and internal funds and, in principle, not using borrowings. - FY2019RestatedAnnual report
「The group’s working capital is funded with cash on hand, including retained earnings such as profits. Given the nature of the construction industry, the company rarely has capital investment plans requiring consideration of external funding. Even when the group makes capital investments, its basic policy is, in principle, to fund them with internal funds rather than borrowings.」
The company continues its policy of funding working capital and capital expenditures with retained earnings and internal funds and, in principle, not using borrowings. - FY2018RestatedAnnual report
「The group’s working capital is funded with cash on hand, including retained earnings such as profits. Given the nature of the construction industry, the company rarely has capital investment plans requiring consideration of external funding. Even when the group makes capital investments, its basic policy is, in principle, to fund them with internal funds rather than borrowings.」
The company continues its policy of funding working capital and capital expenditures, in principle, with retained earnings and internal funds. - FY2017RestatedAnnual report
「Working capital is funded with cash on hand, including retained earnings such as profits, at both the company and its subsidiaries. Given the nature of the construction industry, the company rarely has capital investment plans requiring consideration of external funding. Even when the company makes capital investments, its basic policy is, in principle, to fund them with internal funds rather than borrowings.」
The company continues its policy of funding working capital and capital expenditures, in principle, with retained earnings and internal funds. - FY2016First statedAnnual report
「Working capital is funded with cash on hand, including retained earnings such as profits, at both the company and its subsidiaries. In principle, capital expenditures are also funded with internal funds rather than borrowings.」
The company’s policy is to fund working capital and capital expenditures with cash on hand and internal funds rather than borrowings.