Komori
Tokuyama (4043) · InitiativeAdvanced

Investment to Expand Growth Businesses and Strengthen the Competitiveness of Traditional Businesses

First written in FY2019-Q1. 7 of 25 entries say "Softened", first in FY2019-Q2. Latest entry: 2026-10-08.

25entries
9years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseSoftenedFY2024-Q2 – FY2025-H1AdvancedFY2026-H1 – 2026-10-082018: 220182019: 420192020: 320202021: 320212022: 320222023: 420232024: 120242025: 120252026: 42026
Same theme, other companies
Capital Expenditure on Core Businesses, Growth Areas and Environmental MeasuresA theme 21 companies write about · 0 as a headwind · 25 as a tailwind

The whole theme swung hardest in 2020: 2 of 14 companies on the "Worse" side.

10 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Capital expenditure for the current consolidated fiscal year was ¥32,759 million.」

    The company carried out investments in growth areas, portfolio transformation and rationalisation, and disclosed capital expenditure of ¥32,759 million for the current fiscal year and an investment plan of ¥46,119 million for the following fiscal year. Investment in advanced electronic materials includes a facility in Vietnam, an IPA recycling facility and an aluminium nitride facility.
  2. 2026-05-29AdvancedBusiness Plan

    「Business investment (approximately 54% of cash outflows)」

    The company indicated the approximate allocation of funds to capital investment, R&D, M&A, and other purposes, mainly in electronic advanced materials and life sciences.
  3. FY2026-H1RaisedAnnual report

    「Planned capital expenditure for the current fiscal year is ¥35,632 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned capital expenditure for the current fiscal year was ¥35.632 billion, up from ¥29.523 billion in the previous disclosure. The policy of investing in growth areas, business portfolio transformation, and rationalisation, energy conservation and GHG emissions reduction measures remains unchanged.
  4. FY2025-H1SoftenedAnnual report

    「Planned capital expenditure for the current fiscal year is ¥29,523 million, to be funded mainly by internal funds, borrowings from financial institutions and corporate bond issuance.」

    Planned capital expenditure was reduced from ¥33.772 billion in FY2024-Q2 to ¥29.523 billion. The policy of investing in growth areas, portfolio transformation, rationalisation, energy conservation and GHG reduction measures remains unchanged.
  5. FY2024-Q2SoftenedAnnual report

    「Planned investment for the current fiscal year is ¥33,772 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year was ¥33.772 billion, down from ¥38.252 billion in FY2024-Q1. The policy of investing in growth areas, portfolio transformation, and rationalisation, energy conservation and CO₂ measures remains unchanged.
  6. FY2024-Q1RestatedAnnual report

    「Planned investment for the current fiscal year is ¥38,252 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    The policy of pursuing focused investment in growth areas, business portfolio transformation, and rationalisation, energy conservation and CO₂ measures, together with planned investment of ¥38.252 billion for the current fiscal year and the funding sources, has been reiterated.
  7. FY2023SoftenedAnnual report

    「Planned investment for the next fiscal year is ¥38,252 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the next fiscal year was ¥38.252 billion, down from ¥45.390 billion in the previous disclosure. The policy of investing in growth areas, portfolio transformation, and rationalisation, energy conservation and CO₂ measures remains unchanged.
  8. FY2023-Q3RestatedAnnual report

    「Planned investment for the current fiscal year is ¥45,390 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    The policy of pursuing focused investment in growth areas, business portfolio transformation, and rationalisation, energy conservation and CO₂ measures, together with planned investment of ¥45.390 billion for the current fiscal year and the funding sources, has been reiterated without change from the previous quarter.
  9. FY2023-Q2SoftenedAnnual report

    「Planned investment for the current fiscal year is ¥45,390 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year was ¥45.390 billion, down from ¥46.298 billion in the previous disclosure. The policy of pursuing focused investment in growth areas, business portfolio transformation, and rationalisation, energy conservation and CO₂ measures remains unchanged.
  10. FY2023-Q1RaisedAnnual report

    「The Group requires a certain amount of funding to secure adequate working capital for business activities, make focused investments in growth areas to transform its business portfolio, and pursue capital expenditure and strategic investment for rationalisation, energy conservation and CO₂ measures aimed at contributing to the prevention of global warming. Funding will come primarily from internally generated funds accumulated through recurring business earnings, as well as borrowings from financial institutions and corporate bond issuance. Planned investment for the current fiscal year is ¥46,298 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year was set at ¥46.298 billion, up from ¥39.423 billion in the previous disclosure. The company presented its policy of pursuing focused investment in growth areas, business portfolio transformation, and rationalisation, energy conservation and CO₂ measures, together with the funding sources.
  11. FY2022-Q3RestatedAnnual report

    「The Group requires a certain amount of funding to secure adequate working capital for business activities, make focused investments in growth areas to transform its business portfolio, and pursue capital expenditure and strategic investment for rationalisation, energy conservation and CO₂ measures aimed at contributing to the prevention of global warming. The primary funding source will be internally generated funds accumulated through recurring business earnings, but the Group will also borrow from financial institutions and issue corporate bonds as circumstances warrant. Planned investment for the current fiscal year is ¥39,423 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    The policy of pursuing focused investment in growth areas, business portfolio transformation, and rationalisation, energy conservation and CO₂ measures, together with planned investment of ¥39.423 billion for the current fiscal year, has been reiterated without change from the previous quarter.
  12. FY2022-Q2SoftenedAnnual report

    「Planned investment for the current fiscal year is ¥39,423 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year in focused investment in growth areas, business portfolio transformation, and rationalisation, energy conservation and CO₂ measures was reduced from ¥44.835 billion in the previous disclosure to ¥39.423 billion.
  13. FY2022-Q1RaisedAnnual report

    「The Group requires a certain amount of funding to secure adequate working capital for business activities, make focused investments in growth areas to transform its business portfolio, and pursue capital expenditure and strategic investment for rationalisation, energy conservation and CO₂ measures aimed at contributing to the prevention of global warming. The primary funding source will be internally generated funds accumulated through recurring business earnings, but the Group will also borrow from financial institutions and issue corporate bonds as circumstances warrant. Planned investment for the current fiscal year is ¥44,835 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year was set at ¥44.835 billion, up from ¥30.774 billion disclosed for the previous fiscal year. The investment objectives have also been explicitly expanded from focused investment in growth areas to include business portfolio transformation, rationalisation, energy conservation and CO₂ measures.
  14. FY2021-Q3RestatedAnnual report

    「Planned investment for the current fiscal year is ¥30,774 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment of ¥30.774 billion for the current fiscal year aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses, together with the funding sources, has been reiterated in the same form as in the previous quarter.
  15. FY2021-Q2RaisedAnnual report

    「Planned investment for the current fiscal year is ¥30,774 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses was set at ¥30.774 billion, up from ¥27.506 billion in the previous quarter, raising the investment plan.
  16. FY2021-Q1RaisedAnnual report

    「Planned investment for the current fiscal year is ¥32,715 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses was set at ¥32.715 billion, up from ¥27.506 billion in the previous quarter, raising the investment plan.
  17. FY2020-Q3RestatedAnnual report

    「Planned investment for the current fiscal year is ¥27,506 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment of ¥27.506 billion for the current fiscal year aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses, together with the funding sources, has been reiterated in the same form as in the previous quarter.
  18. FY2020-Q2SoftenedAnnual report

    「Planned investment for the current fiscal year is ¥27,506 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses was reduced from ¥28.692 billion in the previous quarter to ¥27.506 billion. The funding sources are internal funds and borrowings from financial institutions.
  19. FY2020-Q1RestatedAnnual report

    「Planned investment for the current fiscal year is ¥28,692 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment of ¥28.692 billion for the current fiscal year aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses, together with the funding sources, has been reiterated.
  20. FY2019AdvancedAnnual report

    「Planned investment for the next fiscal year is ¥28,692 million, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned capital expenditure of ¥28,692 million for the next fiscal year was set out, along with the investment plan and funding sources for expanding growth businesses and strengthening the competitiveness of traditional businesses.
  21. FY2019-Q3RestatedAnnual report

    「At the same time, a certain amount of funding is required to secure adequate working capital for business activities and to pursue capital expenditure and strategic investment aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses. The primary funding source will be internally generated funds accumulated through recurring business earnings, but the company will also borrow from financial institutions and issue corporate bonds as circumstances warrant. It is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital. Planned investment for the current fiscal year is ¥19.7 billion, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment of ¥19.7 billion for the current fiscal year, the funding sources, and CCC improvement measures aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses have been reiterated in the same form as in the previous disclosure.
  22. FY2019-Q2SoftenedAnnual report

    「Planned investment for the current fiscal year is ¥19.7 billion, to be funded mainly by internal funds and borrowings from financial institutions.」

    Planned investment for the current fiscal year has been reduced from ¥21.1 billion in the previous disclosure to ¥19.7 billion, a reduction of ¥1.4 billion. The funding sources are internal funds and borrowings from financial institutions.
  23. FY2019-Q1First statedAnnual report

    「At the same time, a certain amount of funding is required to secure adequate working capital for business activities and to pursue capital expenditure and strategic investment aimed at expanding growth businesses and strengthening the competitiveness of traditional businesses. Planned investment for the current fiscal year is ¥21.1 billion, to be funded mainly by internal funds and borrowings from financial institutions.」

    The company plans to invest ¥21.1 billion in capital expenditure and strategic investment in the current fiscal year to expand growth businesses and strengthen the competitiveness of traditional businesses, funded by internal funds and borrowings from financial institutions.
Moved together

"Raw Material and Fuel Market Conditions and Procurement Risk" moved the same way as this thread, in the same document, in 10 of its 25 moves.

1088777★123456
  1. ★This thread
  2. 1Raw Material and Fuel Market Conditions and Procurement Risk10×
  3. 2Strengthening Business Earnings Power8×
  4. 3Shift to a Customer-Focused Approach and Expansion into New Areas8×
  5. 4Improvement in net sales, operating profit and Malaysia utilization7×
  6. 5No dividends while prioritizing financial soundness, with an early resumption of dividends7×
  7. 6Rebuilding the financial base and restoring shareholders’ equity7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tokuyama's next results are scheduled for 2026-10-29. Read the earnings preview It last moved in the Business Plan of 2026-05-29: "Advanced".
Investment to Expand Growth Businesses and Strengthen the Competitiveness of Traditional Businesses | Tokuyama Corporation (4043) | Komori