Allocation of Strategic Investments, Working Capital and Shareholder Returns under Medium-Term Management Plan 2025
First written in FY2023. 4 of 7 entries say "Advanced", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2026: 8 of 49 companies on the "Worse" side.
9 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In addition to generating approximately ¥350 billion in operating cash flow over 5 years, the company will allocate funds appropriately to achieve further business growth and improve capital efficiency by advancing balance-sheet reform and utilising cash and deposits (approximately ¥50 billion plus).」
The allocation framework was restructured from the funding allocation under Medium-Term Management Plan 2025 around 5 years of operating cash flow, cash and deposits, ¥150 billion in growth investment and at least ¥250 billion in shareholder returns under Medium-Term Management Plan 2030. - FY2026-H1AdvancedAnnual report
「Cash flows from investing activities during the interim consolidated accounting period resulted in an outflow of ¥26,305 million, mainly due to payments related to the acquisition of shares in H&F and Via Mechanics, compared with an inflow of ¥1,729 million in the same period of the previous year.」
Under the strategic-investment programme of Medium-Term Management Plan 2025, expenditures related to the acquisitions of H&F and Via Mechanics are reflected in investing cash flow for the interim period. - FY2025AdvancedAnnual report
「Strategic investment to realise the long-term vision is expected to total approximately ¥116 billion over 3 years, including the acquisitions of the 2 companies described above, reaching the level of the initial plan.」
Against the ¥100–120 billion strategic-investment plan under Medium-Term Management Plan 2025, the company expects cumulative investment of approximately ¥116 billion over 3 years, including the acquisitions of 2 companies, and expects to reach the planned level. - FY2024AdvancedAnnual report
「Strategic investment to realise the long-term vision was planned at approximately ¥100–120 billion over 3 years, of which approximately ¥18 billion was invested in the first year. The company intends to continue using funds for strategies to expand into new areas of the laser and welding businesses described above.」
For strategic investment under Medium-Term Management Plan 2025, the company states that approximately ¥18 billion was invested in the first year against the 3-year plan. - FY2023First statedAnnual report
「Cash allocation: strategic investment ¥100–120 billion; working capital ¥100 billion; shareholder returns ¥100–120 billion」
The company specifies the amounts and ranges allocated under Medium-Term Management Plan 2025 to strategic investment, working capital and shareholder returns.