Investing Retained Earnings in China, Southeast Asia and Growth Businesses
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2021.
Alinco moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
8 other companies' latest entry also says "Reframed".
- FY2021ReframedAnnual report
「The company will invest retained earnings in initiatives to expand the market share of new scaffolding systems, aggressive development of new products in business areas expected to grow, and M&A, seeking to further enhance corporate value while also taking into consideration the stability of the financial base needed to maintain its competitive advantage.」
The focus of retained-earnings investments was reorganized from the previous wording of investment in China and Southeast Asia toward expanding the market share of new scaffolding systems, developing new products and pursuing M&A. - FY2020RestatedAnnual report
「We will actively invest retained earnings in overseas investments in China and Southeast Asia and in business areas expected to grow, thereby further enhancing corporate value, while also taking into consideration the stability of the financial base needed to maintain our competitive advantages.」
The policy of allocating retained earnings to overseas investment, investment in growth sectors and maintaining the stability of the financial base was maintained. - FY2019RestatedAnnual report
「We will actively invest retained earnings in overseas investments in China and Southeast Asia and in business areas expected to grow, thereby further enhancing corporate value, while also taking into consideration the stability of the financial base needed to maintain our competitive advantages.」
The policy of using retained earnings to invest in China, Southeast Asia and growth sectors while both enhancing corporate value and maintaining the stability of the financial base was maintained. - FY2018RestatedAnnual report
「We will actively invest retained earnings in overseas investments in China and Southeast Asia and in business areas expected to grow, thereby further enhancing corporate value, while also taking into consideration the stability of the financial base needed to maintain our competitive advantages.」
The policy of using retained earnings to invest in China, Southeast Asia and growth sectors while maintaining corporate value and the financial base continued. - FY2017RestatedAnnual report
「We will actively invest retained earnings in overseas investments in China and Southeast Asia and in business areas expected to grow, thereby further enhancing corporate value, while also taking into consideration the stability of the financial base needed to maintain our competitive advantages.」
The policy of allocating retained earnings to overseas investment, investment in growth sectors and maintaining the stability of the financial base was reiterated. - FY2016First statedAnnual report
「We will actively invest retained earnings in overseas investments in China and Southeast Asia and in business areas expected to grow, thereby further enhancing corporate value, while also taking into consideration the stability of the financial base needed to maintain our competitive advantages.」
The stated uses of retained earnings are overseas investment and investment in growth areas, alongside corporate value enhancement, maintenance of competitive advantages and financial stability.