Stable Securing of Liquidity and Funding Sources Required for Operations
First written in FY2020. 4 of 6 entries say "Restated". Latest entry: FY2025-H1.
59 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Against this backdrop, the Group formulated a medium-term management plan and is working to improve its growth potential and capital efficiency in order to contribute continuously to the creation and distribution of knowledge, based on the following basic policies: “promoting the use of Group assets developed to date”; “creating growth areas by developing new businesses in response to changes in the market environment”; and “transforming the earnings structure by stabilizing existing businesses and investing in growth businesses to transform the business portfolio.”」
Based on the medium-term management plan, the financial and resource allocation policy of stabilizing existing businesses, investing in growth businesses and transforming the business portfolio continues. - FY2024RaisedAnnual report
「In pursuing the business structure transformation based on the medium-term management plan announced on 14 March 2024, our group’s basic financial strategy is to secure the funds necessary for stable business operations while allocating management resources to build a business foundation for improving the profitability of existing businesses and to develop new businesses that create new corporate value, with the aim of improving capital efficiency.」
In addition to the existing policy of securing liquidity and investing within operating cash flow, the financial strategy now explicitly includes allocating management resources to improve the profitability of existing businesses, develop new businesses and pursue M&A, as well as enhancing shareholder returns. - FY2023RestatedAnnual report
「In addition, by thoroughly verifying the effectiveness of capital investments and keeping investment amounts within operating cash flow, we will strengthen our financial position while continuing to respond to changes in the market.」
The policy of strengthening the financial position through effectiveness reviews of capital investments and investment within operating cash flow continues. - FY2022RestatedAnnual report
「In addition, by thoroughly verifying the effectiveness of capital investments and keeping investment amounts within operating cash flow, we will strengthen our financial position while continuing to respond to changes in the market.」
The policy of strengthening the financial position through effectiveness reviews of capital investments and investment within operating cash flow continues. - FY2021RestatedAnnual report
「In addition, by thoroughly verifying the effectiveness of capital investments and keeping investment amounts within operating cash flow, we will strengthen our financial position while continuing to respond to changes in the market.」
The financing and financial policy centered on maintaining a stable financial position, improving capital efficiency, and keeping capital investments within operating cash flow continues as the full-year financial strategy. - FY2020First statedAnnual report
「The Group's basic policy is to ensure stable liquidity and sources of funds necessary for business operations. Short-term working capital is funded primarily through internal funds and short-term borrowings from financial institutions, while capital expenditures and long-term working capital are funded primarily through long-term borrowings from financial institutions and the issuance of bonds.」
The company has, for the first time, explicitly stated a financing policy centered on using internal funds and short-term borrowings for short-term working capital, and long-term borrowings and bond issuance for capital investments and long-term working capital.