Allocating Resources to High-Value-Added Products, New Businesses and Strategic Investments

「The Group, comprising the company and its consolidated subsidiaries, made total capital expenditures of ¥201 million during the fiscal year. Major items included ¥23 million for acquiring research and development equipment and ¥26 million for renewing company vehicles in Japan, and ¥39 million for exterior wall work at a plant of 川田機械製造(上海)有限公司 in East Asia.」

「引続き棚卸資産の削減、売掛金の早期回収等により営業キャッシュ・フローの拡大を図るとともに、事業投資は営業活動によるキャッシュ・フローの収入超過額の枠内とすることを原則といたしますが、株主価値を持続的に向上させるため、新規事業開発や海外展開、戦略投資等には積極的な投資を実施していく予定です。」

「The expenditures comprised ¥26 million for acquiring research and development equipment, ¥12 million for replacing the telephone exchange and ¥13 million for renewing company vehicles in Japan, ¥283 million in expenditures related to construction of a new plant at エム・エルエンジニアリング㈱ in Japan, and ¥13 million for production equipment and other items at 川田機械製造(上海)有限公司 in East Asia.」

「The expenditures comprised ¥41 million for wiring and Wi-Fi equipment at the Kawata Technical Center in Japan, ¥47 million for producing testing and display machines for the center, ¥25 million for sign renovation and painting at the Tokyo plant, ¥430 million in expenditures related to construction of a new plant at エム・エルエンジニアリング㈱ in Japan, and ¥9 million for production equipment at 川田機械製造(上海)有限公司 in East Asia.」

「Property, plant and equipment increased by ¥614 million from the end of the previous consolidated fiscal year, mainly due to an increase in buildings and structures, to ¥6,740 million.」

「Net cash used in investing activities amounted to ¥444 million, mainly due to ¥429 million in expenditures for the acquisition of property, plant and equipment, compared with net cash used of ¥379 million in the same period of the previous year.」

「Construction of the Kawata Technical Center in Japan: ¥491 million」

「Under these conditions, the Group will continue to actively invest technology and resources in the automotive industry’s shift toward vehicle electrification, autonomous driving and lighter vehicle bodies, while responding appropriately, in the post-COVID environment, to the expansion of communication devices such as tablets, PCs, smartphones and VR devices accompanying changes in society, as well as the movement toward digitalization involving AI, IoT and 5G.」

「Land acquisition in Japan for testing, sales promotion through a showroom and internal and external training: ¥162 million」

「The Group’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by enhancing returns to shareholders through dividends or share repurchases while actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「While enhancing returns to shareholders through dividends or share repurchases, the company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」

「The company’s basic policy is to continue growing as a market-responsive company and enhance corporate and shareholder value by applying the technologies and expertise developed in plastic molding to develop and expand new sales fields such as batteries, food and cosmetics.」

「The company will continue to grow as a market-responsive company and enhance corporate and shareholder value by actively allocating management resources to developing high-value-added products, expanding new sales fields and regions, developing new businesses and making strategic investments.」