Funding working capital and capital expenditures with internal funds
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2025.
m-up holdings moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
10 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Regarding investment in facilities and new businesses, the Group will actively promote growth investments that contribute to increasing corporate value. At the same time, with the maintenance of a sound financial position in mind, it will in principle limit investment in each fiscal year to the range of operating cash flow and secure a sufficient level of liquidity on hand.」
In addition to a policy centered on internal funds and no borrowings, it has set out a financial strategy of limiting growth investment to operating cash flow and securing liquidity on hand. - FY2024RestatedAnnual report
「The Group generally funds the resources required to maintain and expand its business activities with internal funds. Since its establishment, it has had no interest-bearing debt, including borrowings from financial institutions or issued bonds. The same policy will apply going forward.」
It has reaffirmed its financing policy of relying primarily on internal funds and not using borrowings or bonds. - FY2023RestatedAnnual report
「The Group generally funds the resources required to maintain and expand its business activities with internal funds. Since its establishment, it has had no interest-bearing debt, including borrowings from financial institutions or issued bonds. The same policy will apply going forward.」
It has reaffirmed its financing policy of relying primarily on internal funds and not using borrowings or bonds. - FY2022RestatedAnnual report
「The Group generally funds the resources required to maintain and expand its business activities with internal funds. Since its establishment, it has had no interest-bearing debt, including borrowings from financial institutions or issued bonds. The same policy will apply going forward.」
It has reaffirmed its financing policy of relying primarily on internal funds and not using borrowings or bonds. - FY2020RestatedAnnual report
「The Group generally funds the resources required to maintain and expand its business activities with internal funds. Since its establishment, it has had no interest-bearing debt, including borrowings from financial institutions or issued bonds. The same policy will apply going forward.」
It has reaffirmed its financing policy of relying primarily on internal funds and not using borrowings or bonds. - FY2018RestatedAnnual report
「To secure the funds needed to appropriately maintain business activities and maintain liquidity, the Group's basic policy is to fund business operations and capital expenditures with internal funds generated from operating activities, and it does not borrow funds.」
It has reaffirmed its financing policy of funding working capital and capital expenditures with internally generated funds and not taking on borrowings. - FY2017RestatedAnnual report
「As a general policy, working capital and capital expenditures are funded with internal funds.」
It reproduces its policy of generally funding working capital and capital expenditures with internal funds. - FY2016First statedAnnual report
「As a general policy, working capital and capital expenditures are funded with internal funds.」
As part of its policy regarding financial instruments, it states that working capital and capital expenditures are generally funded with internal funds.