Selective investment and strategic investment in existing and new businesses
First written in FY2016. 17 of 31 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Raised".
- FY2026RaisedAnnual report
「Cumulative investment for 2026–2030 is planned at ¥1.8 trillion. Of this, ¥830 billion will be allocated to GRIT, while a total of ¥810 billion will be invested in GROWTH and CNX, including ¥260 billion for electrification and mobility electrification/ICT and ¥350 billion for global expansion.」
The new medium-term management plan established large-scale capital allocations of ¥1.8 trillion in total investment, ¥830 billion for existing businesses, ¥810 billion for growth and CNX areas, and ¥160 billion for the business platform. - FY2025RaisedAnnual report
「The company has increased strategic investment from the level set out in the medium-term management plan and is promoting investments to strengthen the earnings power of existing businesses, while advancing reductions in CO₂ emissions and business portfolio transformation through carbon-neutral investments centred on 4 priority businesses.」
The company indicated a policy of increasing strategic investment from the level set out in the medium-term management plan, while advancing investments to strengthen the earnings power of existing businesses and carbon-neutral investments in the 4 priority businesses. - FY2025-H1RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the interim consolidated accounting period under review.」
The company reaffirmed that there had been no material changes from the previous consolidated fiscal year in its funding needs or financial policies. - FY2024RaisedAnnual report
「The company plans to invest approximately ¥800 billion in investments required to achieve carbon neutrality by 2050 (CN investments, primarily investments in next-generation energy), while steadily reducing GHG emissions and transforming its business portfolio.」
The company specified a long-term investment allocation of approximately ¥800 billion in CN investments for fiscal 2023–2030, expanding the target period and investment areas beyond its previous medium-term investment plan. - FY2024-Q1RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative first-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous consolidated fiscal year in its funding needs or financial policies. - FY2023-Q3AdvancedAnnual report
「In fiscal 2023–2025, the company will secure ¥910 billion in cash from net income and asset sales, among other sources. Investments in existing businesses will be made within the range of depreciation and other expenses, while the remaining ¥510 billion in free cash flow (FCF) will be allocated to business portfolio transformation investments and shareholder returns.」
The company specified its plans for securing cash through asset sales and other measures in fiscal 2023–2025, investing in existing businesses, and allocating FCF to business portfolio transformation investments and shareholder returns. - FY2023-Q2RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative second-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous consolidated fiscal year in its funding needs or financial policies. - FY2023-Q1RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative first-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2023-Q1RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative first-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2022RestatedAnnual report
「Investment is projected at ¥570 billion on a cumulative 3-year basis, with strategic and M&A funds allocated to investments aimed at transforming the business portfolio.」
The annual report also reaffirmed the ¥570 billion investment plan for fiscal 2020–2022 and the policy of allocating funds to strategic and M&A investments aimed at transforming the business portfolio. - FY2022-Q2RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative second-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2022-Q1RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative first-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2021SoftenedAnnual report
「Investment is projected at ¥570 billion on a cumulative 3-year basis, with strategic and M&A funds allocated to investments aimed at transforming the business portfolio.」
The investment plan for fiscal 2020–2022 was revised from ¥630 billion under the previous plan to ¥570 billion. The company indicated that it would secure ¥230 billion in free cash flow through fixed-cost reductions, selective investment and asset sales, and allocate it to shareholder returns, strategic investments and strengthening its financial position. - FY2021-Q3RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative third-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2021-Q2RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative second-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2021-Q1RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative first-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2020RestatedAnnual report
「Investment: ¥630 billion (including ¥100 billion for M&A); shareholder returns: ¥200 billion」
The company reaffirmed its capital allocation policy for the 3-year period from fiscal 2020 to fiscal 2022, comprising ¥630 billion in investment, including ¥100 billion for M&A, and ¥200 billion in shareholder returns. - FY2020-Q3RaisedAnnual report
「Investment: ¥630 billion (including ¥100 billion for M&A); shareholder returns: ¥200 billion」
The capital allocation plan for the 3-year period from fiscal 2020 to fiscal 2022 provided for ¥630 billion in investment, including ¥100 billion for M&A, and ¥200 billion in shareholder returns, expanding both the investment scale and the growth investment allocation from the previous investment plan. - FY2020-Q1RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the group's funding needs or financial policies during the cumulative first-quarter period under review.」
The company reaffirmed that there had been no material changes from the previous fiscal year in its funding needs or financial policies. - FY2019AdvancedAnnual report
「Total investment: ¥500 billion (cumulative over 3 years, including ¥300 billion in strategic investments)」
The capital allocation policy was specified for the new post-integration entity, with total investment of ¥500 billion for fiscal 2019–2021, including ¥300 billion in strategic investments. - FY2019-Q3RestatedAnnual report
「Cash flow will be allocated optimally among shareholder returns, strategic investments and strengthening the financial base.」
The company reaffirmed the new post-integration entity's cash flow allocation policy. - FY2019-Q2RestatedAnnual report
「Cash flow will be allocated optimally among shareholder returns, strategic investments and strengthening the financial base.」
The company indicated that the new post-integration entity will also allocate cash flow to shareholder returns, strategic investments and strengthening its financial base. - FY2018AdvancedAnnual report
「The company will secure free cash flow of ¥180 billion (cumulative over 3 years) and enhance shareholder returns and improve its financial position. Total investment: ¥390 billion (cumulative over 3 years: ¥260 billion in strategic investments and ¥130 billion in sustaining investments)」
The Fifth Medium-Term Management Plan specified the allocation policy for investment, finances and shareholder returns, including cumulative 3-year free cash flow of ¥180 billion and total investment of ¥390 billion. - FY2018-Q3RestatedAnnual report
「The company raised ¥119.5 billion on 20 July 2017 through a public offering of 48 million new shares. Of the proceeds from the issuance of new shares, ¥52.2 billion is planned to be allocated to strategic investments. The remainder was used to repay short-term borrowings from financial institutions incurred in connection with the acquisition of shares in 昭和シェル石油株式会社.」
The policy of using the proceeds from the public offering for strategic investments and debt repayment was reiterated without change. - FY2018-Q2AdvancedAnnual report
「The company raised ¥119.5 billion on 20 July 2017 through a public offering of 48 million new shares. Of the proceeds from the issuance of new shares, ¥52.2 billion is planned to be allocated to strategic investments. The remainder was used to repay short-term borrowings from financial institutions incurred in connection with the acquisition of shares in 昭和シェル石油株式会社.」
The use of the proceeds from the public offering was specified and implemented, with ¥52.2 billion earmarked for strategic investments and the remainder allocated to repaying short-term borrowings related to the acquisition of shares in 昭和シェル石油株式会社. - FY2018-Q1AdvancedAnnual report
「The company plans to allocate a total of ¥25.5 billion by the end of March 2020 to investments and loans for Nghi Son Refinery and Petrochemical LLC, its overseas subsidiary Idemitsu Lube Techno Indonesia and Idemitsu Lube India, Idemitsu Q8 Petroleum LLC, a joint venture between the company and Kuwait Petroleum International, and 台塑出光特用化学品股份有限公司, a joint venture between the company and Formosa Petrochemical Corporation. It also plans to allocate a total of ¥11.22 billion by the end of March 2020 to capital expenditures for the C8 splitter (distillation column) at the Aichi Refinery, manufacturing equipment related to organic EL materials, equipment for survey activities in areas for new geothermal projects and other purposes. A total of ¥15.5 billion is planned to be allocated by the end of March 2020 to research and development in advanced technology fields, including the development and expansion of applications for organic EL materials and industrial demonstration equipment for solid electrolytes.」
The company specified the amounts to be allocated from the proceeds of the public offering to overseas investments and loans, capital expenditures, and advanced technology research and development, as well as the deadline of the end of March 2020. - FY2017RestatedAnnual report
「To achieve stable and sustainable growth, the group makes carefully selected investments after considering risks, economic viability and other factors. Capital expenditures for the consolidated fiscal year were ¥46.1 billion.」
The company reaffirmed its policy of carefully selecting investments based on risk and economic viability, and reported capital expenditures of ¥46.1 billion for the fiscal year. - FY2016First statedAnnual report
「To achieve stable and sustainable growth, the group makes carefully selected investments after considering risks, economic viability and other factors.」
The company identified strengthening the competitiveness of existing businesses, resource development, overseas growth markets and the development of new businesses as investment targets.