Focused deployment of net cash to growth areas and financing centered on internally generated funds
First written in FY2018. 20 of 24 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2025.
52 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Net cash used in financing activities decreased by ¥45.848 billion, owing mainly to payments for the repayment of long-term borrowings (¥51.532 billion), proceeds from the issuance of bonds (¥30 billion), and dividend payments (¥11.745 billion).」
While continuing growth investment and shareholder returns, the company repaid long-term borrowings and carried out financing through the issuance of ¥30 billion in bonds. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 19 September 2024, the company issued its first and second domestic unsecured straight bonds, with 10 October 2024 as the payment date.」
The company issued domestic unsecured straight bonds totaling ¥30 billion on 10 October 2024, comprising ¥10 billion in the first issue and ¥20 billion in the second issue, for the purpose of repaying borrowings. While primarily relying on internal funds, it carried out specific financing through bond issuance to repay borrowings. - FY2024-Q3AdvancedAnnual report
「Net cash provided by financing activities amounted to an inflow of ¥40.284 billion, owing mainly to an increase in short-term borrowings (¥66.878 billion), payments for the repayment of long-term borrowings (¥4.908 billion), payments for the acquisition of treasury shares (¥3.286 billion), payments for the acquisition of shares in subsidiaries and equity interests not resulting in a change in the scope of consolidation (¥5.345 billion), and dividend payments (¥11.250 billion). The comparable figure for the same period of the previous year was an outflow of ¥24.458 billion.」
While increasing short-term borrowings by ¥66.878 billion, the company acquired subsidiary shares and equity interests, repurchased treasury shares and paid dividends, advancing capital allocation that combines financing including borrowings with growth investment and shareholder returns. - FY2024-Q2AdvancedAnnual report
「Net cash provided by financing activities amounted to an inflow of ¥26.859 billion, owing mainly to an increase in short-term borrowings (¥47.180 billion), payments for the repayment of long-term borrowings (¥4.689 billion), payments for the acquisition of treasury shares (¥3.286 billion), payments for the acquisition of shares in subsidiaries and equity interests not resulting in a change in the scope of consolidation (¥5.219 billion), and dividend payments (¥5.898 billion). The comparable figure for the same period of the previous year was an outflow of ¥14.412 billion.」
While increasing short-term borrowings by ¥47.180 billion, the company repurchased treasury shares, acquired subsidiary shares and equity interests, and paid dividends, advancing capital allocation that combines financing including borrowings with growth investment and shareholder returns. - FY2024-Q1AdvancedAnnual report
「Net cash used in financing activities amounted to an outflow of ¥9.048 billion, owing mainly to an increase in short-term borrowings (¥5.068 billion), payments for the acquisition of treasury shares (¥3.286 billion), payments for the acquisition of shares in subsidiaries and equity interests not resulting in a change in the scope of consolidation (¥4.985 billion), and dividend payments (¥5.380 billion). The comparable figure for the same period of the previous year was an outflow of ¥14.415 billion.」
During the first quarter under review, the company acquired subsidiary shares and equity interests, repurchased treasury shares and paid dividends, while increasing short-term borrowings by ¥5.068 billion, advancing capital allocation that combines growth investment, shareholder returns and borrowing. - FY2023AdvancedAnnual report
「Net cash used in investing activities decreased by ¥32.792 billion, owing mainly to payments for the acquisition of intangible assets (¥10.903 billion) and shares in subsidiaries and equity interests (¥8.630 billion).」
Investments in intangible assets, subsidiary shares and equity interests resulted in ¥32.792 billion of cash used in investing activities for the full year. - FY2023-Q3AdvancedAnnual report
「Net cash used in investing activities amounted to an outflow of ¥26.989 billion, owing mainly to payments for the acquisition of intangible assets (¥7.241 billion), investment securities (¥4.106 billion), shares in subsidiaries and equity interests resulting in a change in the scope of consolidation (¥5.850 billion), and shares in subsidiaries and equity interests (¥8.630 billion). The comparable figure for the same period of the previous year was an outflow of ¥17.822 billion.」
During the nine months ended in the third quarter, the company invested funds in the acquisition of intangible assets, investment securities, subsidiary shares and equity interests, resulting in ¥26.989 billion of cash used in investing activities. Investment spending increased from ¥17.822 billion in the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「Net cash used in investing activities amounted to an outflow of ¥18.850 billion, owing mainly to payments for the acquisition of intangible assets (¥4.659 billion), investment securities (¥3.449 billion), shares in subsidiaries and equity interests resulting in a change in the scope of consolidation (¥3.646 billion), and shares in subsidiaries and equity interests (¥8.478 billion).」
During the six months ended in the second quarter, the company invested in intangible assets, investment securities, subsidiary shares and equity interests related to growth and its business platform, resulting in ¥18.850 billion of cash used in investing activities. - FY2023-Q1RestatedAnnual report
「Net cash used in investing activities amounted to an outflow of ¥3.104 billion, owing mainly to proceeds from the acquisition of shares in subsidiaries resulting in a change in the scope of consolidation (¥3.113 billion), payments for capital contributions (¥2.386 billion), and payments for the acquisition of investment securities (¥1.468 billion).」
While acquiring shares in subsidiaries resulting in a change in the scope of consolidation, making capital contributions and acquiring investment securities, the company reduced short-term borrowings by ¥5.506 billion through financing activities. The company continues its policy of combining investment in growth areas with financial management. - FY2022AdvancedAnnual report
「Other under net cash provided by investing activities includes ¥17.852 billion contributed to fund the acquisition of shares in ソウルドアウト株式会社.」
The company contributed funds for the acquisition of ソウルドアウト as an investment in a growth area, implementing its policy of relying primarily on internal funds for capital allocation in a specific transaction. - FY2022-Q3AdvancedAnnual report
「Method of financing the purchase: Internal funds are scheduled to be used.」
In connection with the tender offer to make ソウルドアウト a wholly owned subsidiary, the company plans to fund the purchase price of ¥19.530 billion with internal funds, applying its policy of relying primarily on internal funds to a specific investment transaction. - FY2022-Q2AdvancedAnnual report
「Net cash used in investing activities amounted to an outflow of ¥9.599 billion, owing mainly to payments for the acquisition of shares in subsidiaries and equity interests (¥4.222 billion), property, plant and equipment (¥2.043 billion), and intangible assets (¥2.208 billion). The comparable figure for the same period of the previous year was an outflow of ¥12.504 billion. Net cash provided by financing activities amounted to an inflow of ¥2.601 billion, owing mainly to an increase in short-term borrowings (¥10.268 billion) and dividend payments (¥5.589 billion). The comparable figure for the same period of the previous year was an inflow of ¥3.834 billion.」
During the six months ended in the second quarter, the company invested funds in the acquisition of subsidiary shares and equity interests and property, plant and equipment, both tangible and intangible, while short-term borrowings increased by ¥10.268 billion. Capital allocation combining investment in growth areas and borrowing continued. - FY2022-Q1RestatedAnnual report
「Net cash used in investing activities amounted to an outflow of ¥2.815 billion, owing mainly to payments for the acquisition of intangible assets (¥928 million) and investment securities (¥1.294 billion). Net cash provided by financing activities amounted to an inflow of ¥4.031 billion, owing mainly to an increase in short-term borrowings (¥10.638 billion).」
While investing funds in intangible assets and investment securities, the company increased short-term borrowings, continuing capital allocation that combines investment and borrowing. - FY2021-Q3AdvancedAnnual report
「Net cash used in investing activities amounted to an outflow of ¥10.317 billion, owing mainly to proceeds from the sale of investment securities (¥8.362 billion), payments for the acquisition of shares in subsidiaries and equity interests (¥6.145 billion), and payments for the acquisition of shares in subsidiaries and equity interests resulting in a change in the scope of consolidation (¥4.820 billion). Net cash used in financing activities amounted to an outflow of ¥2.631 billion, owing mainly to the net increase or decrease in short-term borrowings (¥9.505 billion).」
While investing funds in the acquisition of subsidiary shares and equity interests in growth areas, the company increased short-term borrowings net by ¥9.505 billion, continuing capital allocation that combines investment and borrowing. - FY2021-Q2AdvancedAnnual report
「Net cash used in investing activities amounted to an outflow of ¥12.504 billion, owing mainly to payments for the acquisition of shares in subsidiaries and equity interests (¥6.145 billion) and payments for the acquisition of shares in subsidiaries and equity interests resulting in a change in the scope of consolidation (¥4.545 billion). Net cash provided by financing activities amounted to an inflow of ¥3.834 billion, owing mainly to the net increase or decrease in short-term borrowings (¥10.014 billion).」
While investing funds in the acquisition of subsidiary shares and equity interests in growth areas, the company increased short-term borrowings net by ¥10.014 billion, advancing capital allocation that combines investment and borrowing. - FY2021-Q1AdvancedAnnual report
「Payments for the acquisition of shares in subsidiaries and equity interests resulting in a change in the scope of consolidation (¥4.545 billion)」
The company spent ¥4.545 billion on the acquisition of subsidiary shares and equity interests as an investment in growth areas, while short-term borrowings increased net by ¥11.357 billion through financing activities. Although the company primarily relies on internal funds, it also borrowed funds for investments. - FY2020RestatedAnnual report
「The basic policy of our group is to secure the liquidity on hand necessary to continue business activities steadily under any changes in the business environment, and to invest the net cash generated from business activities primarily in growth areas in accordance with the medium-term management plan.」
The company continues its policy of securing liquidity on hand, investing net cash in growth areas, and funding investments and shareholder returns primarily with internal funds. - FY2020-Q3AdvancedAnnual report
「Net cash provided by investing activities amounted to an inflow of ¥893 million, owing mainly to proceeds from the sale of investment securities (¥16.990 billion), payments for the acquisition of property, plant and equipment (¥4.684 billion), and payments for the acquisition of shares in subsidiaries and equity interests (¥4.554 billion). The comparable figure for the same period of the previous year was an outflow of ¥18.631 billion.」
The company simultaneously recovered funds through the sale of investment securities and invested in subsidiary shares, equity interests and fixed assets, with the allocation of funds to growth areas following asset sales appearing as specific cash flows. - FY2020-Q2AdvancedAnnual report
「Net cash provided by investing activities amounted to an inflow of ¥4.242 billion, owing mainly to proceeds from the sale of investment securities (¥16.736 billion), payments for the acquisition of shares in subsidiaries and equity interests (¥4.200 billion), and payments for the acquisition of property, plant and equipment (¥2.865 billion). The comparable figure for the same period of the previous year was an outflow of ¥9.313 billion.」
While generating proceeds from the sale of investment securities, the company also invested funds in the acquisition of subsidiary shares and equity interests, demonstrating capital allocation involving asset sales and investment in growth areas. - FY2019AdvancedAnnual report
「Liabilities increased by ¥158.084 billion from the end of the previous consolidated fiscal year to ¥588.852 billion. The main changes were an increase of ¥104.983 billion in long-term borrowings and an increase of ¥15.906 billion in notes and accounts payable.」
In connection with making D.A.コンソーシアムホールディングス a wholly owned subsidiary and other transactions, long-term borrowings increased by ¥104.983 billion. Funding using borrowings, while primarily relying on internal funds, was reflected in the financial position at year-end. - FY2019-Q3AdvancedAnnual report
「Net cash provided by financing activities decreased by ¥25.344 billion, mainly as a result of an increase in short-term borrowings (¥100.838 billion), payments for the acquisition of shares in subsidiaries not resulting in a change in the scope of consolidation (¥113.135 billion), and dividend payments (¥9.920 billion).」
In connection with making subsidiaries wholly owned and other transactions, the company recorded an increase in short-term borrowings and payments for the acquisition of subsidiary shares, executing funding using borrowings while maintaining its basic policy of relying primarily on internal funds. - FY2019-Q2AdvancedAnnual report
「Net cash provided by financing activities amounted to an outflow of ¥19.569 billion, owing mainly to the net increase or decrease in short-term borrowings (¥92.544 billion) and payments for the acquisition of shares in subsidiaries not resulting in a change in the scope of consolidation (¥104.887 billion).」
Short-term borrowings increased in connection with the additional acquisition of shares in D.A.コンソーシアムホールディングス, indicating that the company executed funding using borrowings while maintaining its basic policy of relying primarily on internal funds. - FY2019-Q1AdvancedAnnual report
「The company plans to borrow from Sumitomo Mitsui Banking Corporation, with a borrowing facility of ¥115 billion.」
In connection with the tender offer to make D.A.コンソーシアムホールディングス a wholly owned subsidiary, a specific bank borrowing facility has been established as an exceptional funding method under the previous policy of relying primarily on internal funds. - FY2018First statedAnnual report
「The basic policy of our group is to secure the liquidity on hand necessary to continue business activities steadily under any changes in the business environment, and to invest the net cash generated from business activities primarily in growth areas in accordance with the medium-term management plan. Our basic policy is to fund investments necessary for future growth and shareholder returns primarily with internal funds, as described above. However, because the scale and timing of M&A and capital expenditures depend on the individual transaction, we anticipate that circumstances may arise in which they cannot be funded solely with cash on hand. In such cases, taking into consideration our group's financial condition and trends in the financial and capital markets, we intend to raise funds through appropriate means, such as borrowings from financial institutions, after carefully assessing costs, flexibility and other factors.」
The company has stated for the first time its capital and funding policy of securing the necessary liquidity on hand, investing net cash primarily in growth areas, and funding investments and shareholder returns mainly with internal funds.