Strengthening Financial Position and Operating Base and Investing in Business Expansion
First written in FY2016. 3 of 9 entries say "Reframed", first in FY2019. Latest entry: FY2026.
- FY2026ReframedAnnual report
「The Group reviewed its capital allocation policy and decided to suspend large-scale M&A for the time being. Accordingly, it will reallocate funds that had been set aside for large-scale M&A,」
The capital allocation policy aimed at balancing growth investment and shareholder returns was reviewed to include a framework involving the suspension of large-scale M&A and the reallocation of reserved funds. - FY2023-Q2RestatedAnnual report
「The Company intends to allocate the cash generated to investment in growth areas and stable shareholder returns.」
The Company has reconfirmed its policy of allocating cash generated to growth investment and stable shareholder returns. - FY2022-Q2ReframedAnnual report
「In its five-year medium-term financial strategy through the fiscal year ending March 2026, the Group aims to maximize corporate value through management focused on capital efficiency. Under the medium-term financial strategy, the Group will pursue proactive growth investment while appropriately returning surplus funds to shareholders, and will repurchase shares as part of its efforts to optimize its capital structure.」
The policy of strengthening the financial foundation and investing in growth was reorganized under a framework comprising the five-year medium-term financial strategy through the fiscal year ending March 2026, a focus on capital efficiency, maximizing corporate value, and returning surplus funds to shareholders. - FY2021AdvancedAnnual report
「The Company intends to allocate the cash generated to investment in growth areas, further strengthening its financial foundation in anticipation of entering the domestic IR market in the future, and stable shareholder returns.」
The Company clearly stated its policy of allocating funds to growth investment, strengthening its financial foundation in anticipation of entering the domestic IR market, and shareholder returns, and also sold investment securities and fixed assets. - FY2021-Q3AdvancedAnnual report
「As part of its structural reforms, the Company has been reviewing its balance sheet with a focus on non-operating assets. To secure liquidity on hand and improve asset efficiency, it resolved to transfer the fixed asset in question.」
The Company gave concrete form to its balance sheet review targeting non-operating assets by deciding to transfer land in Chuo-ku, Osaka, Osaka Prefecture. Delivery was scheduled for 9 March 2021, and a gain on transfer of approximately ¥15,200 million was expected. - FY2021-Q2AdvancedAnnual report
「As part of its structural reforms, the Company has been reviewing its balance sheet with a focus on non-operating assets. To secure liquidity on hand and improve asset efficiency, it reviewed its holdings of strategically held shares.」
To maintain its financial foundation, the Company reviewed its balance sheet with a focus on non-operating assets and sold strategically held shares. - FY2019ReframedAnnual report
「Specifically, in light of the volatility inherent in its businesses, the Company monitors financial discipline to maintain a robust financial foundation and aims to maintain a net cash position. To improve capital efficiency, the Company centrally manages the Group's financing and fund management, and has also begun partially introducing a CMS (cash management system) overseas, in addition to Japan.」
The policy of strengthening the financial foundation and investing in business expansion was given concrete form through maintaining a net cash position, centrally managing financing and fund management, and partially introducing an overseas CMS. - FY2018RestatedAnnual report
「The Company intends to use retained earnings effectively to strengthen its financial position and management foundation and for investments associated with business expansion.」
The Company has reconfirmed its policy of using retained earnings to strengthen its financial foundation and invest in business expansion. - FY2016First statedAnnual report
「The Company intends to use retained earnings effectively to strengthen its financial position and management foundation and for investments associated with business expansion.」
The Company has indicated a policy of allocating retained earnings to strengthening its financial foundation and investing in business expansion.