¥20 billion investment over three years under the new three-year medium-term plan
First written in FY2018. 2 of 5 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2022-Q3.
Asanuma moved to the "Worse" side of this theme in 2020, 6 years before the typical company in this theme (2026).
6 other companies' latest entry also says "Softened".
- FY2022-Q3SoftenedAnnual report
「Following the determination of the investment amount for this M&A transaction, we reconsidered and reviewed the overall funding investment plan under the medium-term 3-year plan, including investment in new fields and technology development and ICT. We decided to reduce the initial investment plan and increase shareholder returns.」
The company reviewed the overall funding investment plan under the medium-term 3-year plan, including investment in new fields and technology development and ICT, and reduced the initial plan. The allocation was changed from the previous growth investment plan toward increased shareholder returns. - FY2020SoftenedAnnual report
「Under the medium-term 3-year plan, the company has set out a funding investment plan together with a shareholder returns plan and intends to balance growth investment with shareholder returns」
The funding investment plan under the medium-term plan continues, but the previously stated total of ¥20 billion over 3 years was not repeated in the current filing, which instead uses the general wording of balancing growth investment and shareholder returns. - FY2019AdvancedAnnual report
「The company advanced initiatives under the new medium-term 3-year plan beginning in FY2018, including overseas M&A to strengthen the overseas business and develop the renovation business in the ASEAN region as a challenge in new fields; expansion and renovation of the technology research institute; development of the Ai-MAP SYSTEM aimed at practical use of a flow-analysis system; participation in JICA SDG projects; and increasing the cash portion of payments to strengthen cooperation with partner companies.」
Regarding the plan to invest ¥20 billion over 3 years, the company advanced initiatives involving multiple uses of funds, including overseas M&A, the technology research institute, new technologies, JICA projects and converting payments to partner companies into cash. The total investment and progress rate for the overall plan were not disclosed. - FY2019-Q3AdvancedAnnual report
「As initiatives under the medium-term 3-year plan, including strengthening the overseas business and pursuing new developments, including M&A, the company aims to expand its renovation business in the ASEAN region, with the acquisition of this company as its first step.」
As a specific execution of the plan’s overseas business strengthening and M&A initiatives, the company acquired a Singapore company as a subsidiary with an 80% voting rights ratio for an acquisition consideration of ¥526 million. The total investment and progress rate for the overall plan were not disclosed. - FY2018First statedAnnual report
「The Group formulated a medium-term 3-year plan beginning in FY2018 and plans to invest ¥20 billion over 3 years as proactive investment and intended uses of funds aimed at realizing its vision for the company.」
The company disclosed for the first time a funding plan to invest ¥20 billion over 3 years. The breakdown is ¥5 billion for the technology research institute, ICT and core systems, ¥5 billion for strengthening the concession and overseas businesses, and ¥10 billion to convert payments into cash to strengthen cooperation with partner companies.