Using Retained Earnings for Growth Investment
First written in FY2016. 22 of 25 entries say "Advanced", first in FY2017. Latest entry: FY2026.
29 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Cash inflows during the period covered by the medium-term management plan are expected to be based primarily on cash flow from operating activities generated by pursuing the Company-wide strategy. The Company also plans to optimize its assets through the use of cash and deposits based on required working capital and the sale of investment securities, while making effective use of leverage with an awareness of financial soundness.」
The use of retained earnings and funds has been organized as the capital allocation strategy under the medium-term management plan, explicitly identifying operating cash flow, cash and deposits, proceeds from the sale of investment securities and borrowings as sources of funds. - FY2026-H1AdvancedAnnual report
「Cash used in investing activities was ¥1,252 million, an increase of ¥528 million in spending from the previous interim consolidated accounting period. This was mainly attributable to ¥1,258 million in payments for the acquisition of property, plant and equipment.」
¥1,258 million was spent on the acquisition of property, plant and equipment related to growth investment during the interim consolidated accounting period. - FY2025RaisedAnnual report
「The basic policy for financial management sets out the following two points in the medium-term management plan as the capital allocation strategy: optimally allocate cash to further growth investment, shareholder returns and other purposes, while maintaining a stable financial base; and give priority to investment in human capital, since the growth and increased vitality of human resources are essential to long-term corporate growth.」
The use of retained earnings and funds for growth investment has been reorganized as a capital allocation strategy, with specific allocation targets including priority investment in human capital, DX, research and development, strategic M&A and shareholder returns. - FY2025-H1AdvancedAnnual report
「Payments for the acquisition of property, plant and equipment △ ¥2,099 million」
It states that ¥2,099 million was spent on the acquisition of property, plant and equipment related to growth investment during the interim consolidated accounting period. - FY2024AdvancedAnnual report
「During the consolidated fiscal year, the Group invested a total of ¥4,633 million in production facilities, research and development, environmental measures and other areas, for the purpose of supporting production of new products and increasing production capacity.」
As focused investment in growth fields, ¥4,633 million was invested in supporting production of new products, increasing production capacity, research and development, environmental measures and other areas. - FY2024-Q2AdvancedAnnual report
「Cash used in investing activities was ¥1,750 million, a decrease of ¥1,043 million in spending from the same quarter of the previous year. This was mainly attributable to the ¥488 million increase in proceeds from the sale of property, plant and equipment and the ¥2,137 million in payments for the acquisition of property, plant and equipment, among other factors.」
It states that ¥2,137 million was spent on the acquisition of property, plant and equipment related to growth investment during the cumulative second quarter period. - FY2023AdvancedAnnual report
「During the consolidated fiscal year, the Company made total capital investments of ¥5,824 million in production facilities, research and development, environmental measures, and other areas aimed at supporting new products and expanding production capacity.」
Investment in facilities, research and development, environmental measures and other areas as growth investment funded by internal funds and borrowings amounted to ¥5,824 million. - FY2023-Q2AdvancedAnnual report
「Cash used in investing activities was ¥2,793 million, a decrease of ¥142 million in spending from the same quarter of the previous year. This was mainly attributable to ¥2,809 million in payments for the acquisition of property, plant and equipment.」
It states that ¥2,809 million was spent on the acquisition of property, plant and equipment related to growth investment during the cumulative second quarter period. - FY2022AdvancedAnnual report
「Based on the basic strategy of making focused investments in growth fields, the Group invested a total of ¥5,446 million in production facilities, research and development, environmental measures and other areas during the consolidated fiscal year, for the purpose of supporting new products and increasing production capacity.」
As investment in growth fields, ¥5,446 million was actually invested in new products, increased production capacity, research and development, environmental measures and other areas, an increase from ¥3,595 million in the previous fiscal year. - FY2022-Q2AdvancedAnnual report
「Payments for the acquisition of property, plant and equipment △ ¥2,924 million」
It states that ¥2,924 million was spent on the acquisition of property, plant and equipment as growth investment during the cumulative second quarter period. - FY2021AdvancedAnnual report
「Based on the basic strategy of making focused investments in growth fields, the Group invested a total of ¥3,595 million in production facilities, research and development, environmental measures and other areas during the consolidated fiscal year, for the purpose of supporting new products and increasing production capacity.」
As investment in growth fields, ¥3,595 million was actually invested in new products, increased production capacity, research and development, environmental measures and other areas. - FY2021-Q3AdvancedAnnual report
「Filing company: Shiga No. 2 Plant (Toyosato, Shiga Prefecture); Industrial Materials Business; construction of urethane manufacturing equipment and buildings; total investment ¥1,246 million; amount already paid ¥131 million; funded by internal funds and borrowings; construction started June 2020; completion scheduled for March 2022; purpose: increase production capacity.」
The amount already paid for the new facilities at the Shiga No. 2 Plant was ¥131 million, as growth investment proceeds. The amount already paid for the Foshan Plant in China was also ¥1,124 million. - FY2021-Q2AdvancedAnnual report
「Expenditures for the acquisition of fixed assets △ 2,170」
It states that ¥2,170 million was spent on the acquisition of property, plant and equipment related to growth investment during the cumulative second quarter period. - FY2021-Q1AdvancedAnnual report
「Reporting company | Shiga No. 2 Plant (Toyosato, Shiga) | Industrial materials business | New urethane manufacturing equipment and building | ¥1,246 million | ¥0 million | Internal funds and borrowings | June 2020 | March 2022 | Expansion of production capacity」
Regarding the use of funds for growth investments, the Company specified a new construction plan involving an investment of ¥1,246 million to increase production capacity at the second Shiga plant. - FY2020AdvancedAnnual report
「The Group's basic strategy is to make focused investments in growth areas. During the consolidated fiscal year, it made total capital investments of ¥4,561 million in production facilities for new products and increased production capacity, research and development, environmental measures and other areas.」
As part of its focused investment in growth areas, the Company made capital investments of ¥4,561 million, up from ¥4,520 million in the previous year. - FY2020-Q3AdvancedAnnual report
「Reporting company | Shiga No. 2 Plant (Toyosato, Shiga) | Industrial materials business | Thermal insulation materials manufacturing equipment | ¥544 million | ¥67 million | Internal funds | October 2019 | January 2021 | Expansion of production capacity. 阿基里斯 (Foshan) New Materials Co., Ltd., Head Plant (Guangdong, China) | Plastics business | Vehicle materials manufacturing plant building | ¥2,095 million | — | Internal funds | March 2020 | February 2021 | Expansion of production capacity」
Regarding the use of internal funds for growth investments, the Company specified investment plans totalling ¥2,639 million for the second Shiga plant and production facilities in Foshan, China, and indicated that both would be funded with internal funds. - FY2020-Q2AdvancedAnnual report
「阿基里斯(佛山）新型材料有限公司 Head Office Plant (Guangdong Province, China) Plastic business Land-use rights 632 31 Internal funds November 2019 To be acquired as land for construction of a plant.」
Regarding the use of internal funds for growth investments, the Company describes a plan to invest ¥632 million in land for a factory to be built by its Foshan, China subsidiary, of which ¥31 million had already been paid. - FY2019AdvancedAnnual report
「The Group's basic strategy is to make focused investments in growth areas. During the consolidated fiscal year, it made total capital investments of ¥4,520 million in production facilities for new products and increased production capacity, research and development, environmental measures and other areas.」
The Company states that it used retained earnings and funds generated by operating activities for growth investments, with capital investment increasing to ¥4,520 million from ¥4,291 million in the previous year. - FY2018AdvancedAnnual report
「During the consolidated fiscal year, the Company made total capital investments of ¥4,291 million in production facilities, research and development, environmental measures, and other areas aimed at supporting new products and expanding production capacity.」
The Company used retained earnings and funds generated by operating activities for ¥4,291 million of investment in growth areas, new products, production facilities, research and development, environmental measures and other areas. - FY2018-Q3RestatedAnnual report
「Ashikaga First Plant (Ashikaga, Tochigi Prefecture); training facility; ¥649 million; 1; internal funds; October 2017; November 2018」
The Company continues to disclose its existing equipment plan to invest ¥649 million of internal funds in a training facility at the Ashikaga First Plant. - FY2017AdvancedAnnual report
「The Group's basic strategy is to make focused investments in growth areas. During the consolidated fiscal year, it made total capital investments of ¥2,649 million in new products, equipment renewals, research and development, environmental measures and other areas. The required funds were provided from internal funds, and the Group did not undertake financing such as issuing new bonds.」
The Company states that it actually used retained earnings and internal funds to invest in growth areas, new products, equipment renewals, research and development, environmental measures and other areas. - FY2016First statedAnnual report
「The Company intends to use retained earnings effectively to strengthen and enhance its corporate structure and make strategic investments that will lead to new growth, thereby increasing corporate value over the medium to long term through future earnings growth.」
The Company indicates a policy of using retained earnings to strengthen its corporate structure and fund strategic investments, thereby achieving medium- to long-term earnings growth and increasing corporate value.