Capital Allocation with Strategic Restraint on M&A and Other Investments
First written in FY2018. 4 of 6 entries say "Restated". Latest entry: FY2023.
63 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「At present, we are considering investment activities such as M&A more cautiously and pursuing them on a restrained basis.」
The company continues its capital allocation policy of carefully considering investment activities such as M&A and pursuing them on a restrained basis. - FY2022RestatedAnnual report
「At present, we are considering investment activities such as M&A more cautiously and pursuing them on a restrained basis.」
The company continues its capital allocation policy of carefully considering investment activities such as M&A and pursuing them on a restrained basis. - FY2021RestatedAnnual report
「At present, we are considering investment activities such as M&A more cautiously and pursuing them on a restrained basis.」
The company continues its capital allocation policy of carefully considering investment activities such as M&A and pursuing them on a restrained basis. - FY2020RestatedAnnual report
「Demand for funds for investment arises not only for capital expenditure but also when, for example, we decide to expand operations through M&A. At present, however, we are considering investment activities such as M&A more cautiously and pursuing them on a restrained basis.」
The company continues its capital allocation policy of carefully considering investment activities such as M&A and pursuing them on a restrained basis. - FY2019AdvancedAnnual report
「We temporarily froze entry into new countries and regions for the Digital Finance business and focused fully on structural reforms in countries and regions where we had already established operations. As a result, cash flow used in investing activities was reduced.」
Moving beyond the restraint on M&A and other investments implemented in the previous fiscal year, the company reflected capital allocation measures, including freezing expansion into new countries and regions and pursuing structural reforms in regions where it already operates, in actual investing cash flow. - FY2018First statedAnnual report
「The previous consolidated fiscal year included substantial investments in the acquisition of shares in affiliates through M&A and the acquisition of investment securities. In the current consolidated fiscal year, we strategically restrained M&A and other investments, resulting in lower investment funding needs.」
The company shifted from substantial M&A and investment-securities acquisitions in the prior year to strategically limiting M&A and other investments in the current year.