Using cash flow from operating activities to fund capital investment and dividends while securing liquidity with cash on hand
First written in FY2022. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 19 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company's basic policy is to use cash flow from operating activities to fund investing activities, such as capital expenditures, and financing activities, such as dividend payments. The Company's main funding needs are working capital and capital expenditures required for manufacturing products, funds for sales and administrative activities, and funds for shareholder returns. If cash flow from operating activities is insufficient to cover these needs, the Company maintains liquidity by funding them with cash on hand.」
The policy of using cash flow from operating activities to fund capital expenditures and dividends, and maintaining liquidity with cash on hand when insufficient, continued. - FY2025RestatedAnnual report
「The Company's basic policy is to use cash flow from operating activities to fund investing activities, such as capital expenditures, and financing activities, such as dividend payments. The Company's main funding needs are working capital and capital expenditures required for manufacturing products, funds for sales and administrative activities, and funds for shareholder returns. If cash flow from operating activities is insufficient to cover these needs, the Company maintains liquidity by funding them with cash on hand.」
The policy of using cash flow from operating activities to fund capital expenditures and dividends, and maintaining liquidity with cash on hand when insufficient, continued. - FY2024RestatedAnnual report
「The Company's basic policy is to use cash flow from operating activities to fund investing activities, such as capital expenditures, and financing activities, such as dividend payments. The Company's main funding needs are working capital and capital expenditures required for manufacturing products, funds for sales and administrative activities, and funds for shareholder returns. If cash flow from operating activities is insufficient to cover these needs, the Company maintains liquidity by funding them with cash on hand.」
The policy of using cash flow from operating activities to fund capital expenditures and dividends, and maintaining liquidity with cash on hand when insufficient, continued. - FY2023RestatedAnnual report
「The Company's basic policy is to use cash flow from operating activities to fund investing activities, such as capital expenditures, and financing activities, such as dividend payments. The Company's main funding needs are working capital and capital expenditures required for manufacturing products, funds for sales and administrative activities, and funds for shareholder returns. If cash flow from operating activities is insufficient to cover these needs, the Company maintains liquidity by funding them with cash on hand.」
The policy of using cash flow from operating activities to fund capital expenditures and dividends, and maintaining liquidity with cash on hand when insufficient, continued. - FY2022First statedAnnual report
「The Company's basic policy is to use cash flow from operating activities to fund investing activities, such as capital expenditures, and financing activities, such as dividend payments. The Company's main funding needs are working capital and capital expenditures required for manufacturing products, funds for sales and administrative activities, and funds for shareholder returns. If cash flow from operating activities is insufficient to cover these needs, the Company maintains liquidity by funding them with cash on hand.」
The policy of using cash flow from operating activities as the main source of funds for capital expenditures and dividends, and maintaining liquidity with cash on hand when insufficient, was identified for the first time.