Use of retained earnings for strategic investment, capital investment and the reduction of interest-bearing debt
First written in FY2016. 12 of 14 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2027-H1.
The whole theme swung hardest in 2025: 7 of 61 companies on the "Worse" side.
11 other companies' latest entry also says "Other".
- FY2027-H1Update to interim-period capital allocationAnnual report
「Net cash used in investing activities was ¥490 million, mainly due to the acquisition of property, plant and equipment and other assets, compared with net cash used of ¥12,515 million in the same period of the previous year.」
During the interim period, spent ¥490 million on investing activities, mainly for the acquisition of property, plant and equipment and other assets, reducing the decline in cash from investing activities from the same period of the previous year. - FY2026-H1AdvancedAnnual report
「Net cash used in investing activities was ¥12,515 million, mainly due to the acquisition of property, plant and equipment and other assets, compared with net cash used of ¥20,950 million in the same period of the previous year.」
Allocated ¥12,515 million to the acquisition of property, plant and equipment and other assets during the interim period, continuing growth investment and capital investment. - FY2025-H1AdvancedAnnual report
「Net cash used in investing activities was ¥20,950 million, mainly due to the acquisition of property, plant and equipment and other assets, compared with net cash used of ¥9,396 million in the same period of the previous year.」
Allocated ¥20,950 million to the acquisition of property, plant and equipment and other assets during the interim period, increasing investment spending from ¥9,396 million in the same period of the previous year. - FY2024AdvancedAnnual report
「To achieve our long-term vision, Sanwa Global Vision 2030, and our Medium-Term Management Plan 2024, we will pursue capital policies and other measures with strategic growth investment as the highest priority.」
Continues the policy of prioritizing strategic growth investment, keeping capital investment generally within the level of depreciation and prioritizing core businesses and other areas in M&A and business alliances. - FY2024-Q2AdvancedAnnual report
「Net cash used in investing activities was ¥9,396 million, mainly due to the acquisition of property, plant and equipment and other assets (net cash used was ¥4,671 million in the same period of the previous year). Net cash used in financing activities was ¥10,132 million, mainly due to dividend payments and other items (net cash used was ¥4,816 million in the same period of the previous year).」
During the cumulative period through the second quarter, allocated ¥9,396 million to the acquisition of property, plant and equipment and other assets, and ¥10,132 million to dividend payments and other items. - FY2022AdvancedAnnual report
「To compete on the global stage, the Group gives the highest priority to strategic investment, funding it from free cash flow and investing primarily in growth areas expected to drive product diversification, strengthen the services business and generate synergies.」
With strategic investment as the highest priority, allocated ¥21,353 million from investing activities to the acquisition of shares in subsidiaries, property, plant and equipment and other investments. - FY2022-Q2AdvancedAnnual report
「Net cash used in investing activities was ¥12,589 million, mainly due to the acquisition of shares in subsidiaries and the acquisition of property, plant and equipment, compared with net cash used of ¥2,296 million in the same period of the previous year.」
Discloses the actual allocation of retained earnings and cash to the acquisition of shares in subsidiaries and property, plant and equipment. - FY2021AdvancedAnnual report
「To compete on the global stage, the Group gives the highest priority to strategic investment, funding it from free cash flow and investing primarily in growth areas expected to drive product diversification, strengthen the services business and generate synergies.」
Specifies a policy of allocating retained earnings and free cash flow to strategic investment in product diversification, services expansion and growth areas expected to generate synergies. - FY2021-Q2AdvancedAnnual report
「Net cash provided by operating activities was ¥23,067 million, due mainly to the collection of trade receivables in addition to the recognition of profit before income taxes and other adjustments (net cash provided was ¥6,710 million in the same period of the previous year). Net cash used in investing activities was ¥2,296 million, mainly due to the acquisition of property, plant and equipment (net cash used was ¥11,029 million in the same period of the previous year). Net cash used in financing activities was ¥977 million, mainly due to dividend payments (net cash used was ¥6,434 million in the same period of the previous year).」
For the cumulative period through the second quarter, discloses the allocation of funds, including ¥23,067 million generated from operating activities, the acquisition of property, plant and equipment, and dividend payments. - FY2020-Q2AdvancedAnnual report
「Net cash used in investing activities was ¥11,029 million, mainly due to the acquisition of shares in ㈱鈴木シャッター and ロバスト社 and the acquisition of property, plant and equipment, compared with net cash used of ¥7,306 million in the same period of the previous year.」
Allocated ¥11,029 million of cash from investing activities to the acquisition of shares in Suzuki Shutter and Robust AB, and the acquisition of property, plant and equipment. - FY2019AdvancedAnnual report
「Net cash used in investing activities was ¥13,677 million, mainly due to the acquisition of property, plant and equipment. Net cash used in financing activities was ¥11,349 million, mainly due to the repayment of borrowings and dividend payments.」
Discloses the full-year allocation of funds to the acquisition of property, plant and equipment, repayment of borrowings and dividend payments. - FY2019-Q2AdvancedAnnual report
「Net cash used in investing activities was ¥7,306 million, mainly due to the acquisition of property, plant and equipment (net cash used was ¥6,098 million in the same period of the previous year). Net cash used in financing activities was ¥8 million, mainly due to proceeds from borrowings and dividend payments (net cash used was ¥11,534 million in the same period of the previous year).」
Discloses the specific allocation of funds during the cumulative period for the acquisition of property, plant and equipment, borrowings and dividend payments. - FY2018-Q2AdvancedAnnual report
「Net cash used in investing activities was ¥6,098 million, mainly due to the acquisition of property, plant and equipment (net cash used was ¥2,401 million in the same period of the previous year). Net cash used in financing activities was ¥11,534 million, mainly due to the repayment of borrowings and the acquisition of treasury shares (net cash used was ¥8,518 million in the same period of the previous year).」
Discloses the specific allocation of funds during the cumulative period for the acquisition of property, plant and equipment, repayment of borrowings and acquisition of treasury shares. - FY2016First statedAnnual report
「We will use retained earnings for strategic investments, including M&A, capital expenditure and the reduction of interest-bearing debt.」
Lists growth investment, capital investment and reducing financial burdens as uses of retained earnings.