Improving Capital Efficiency Through Greater Asset Efficiency
First written in FY2017. 8 of 14 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2026.
1 other company's latest entry also says "Raised".
- FY2026RaisedAnnual report
「Under the Medium-Term Management Plan 2025, the Company targeted reducing cross-shareholdings to approximately 20% of net assets, excluding deemed holdings, and proceeded with sales. As a result, the balance of cross-shareholdings had been reduced to 21% of net assets as of the end of fiscal 2025. Under Management Plan 2031, the Company targets reducing the ratio of all cross-shareholdings, including deemed holdings, to less than 10% of net assets by the end of fiscal 2030.」
The scope of cross-shareholdings was expanded to all holdings, including deemed holdings, and a more stringent target was set of reducing them to less than 10% of net assets by the end of fiscal 2030. - FY2024RaisedAnnual report
「We are gradually reducing cross-shareholdings after comprehensively reviewing factors including the medium- to long-term enhancement of the corporate value of the Company and the issuing companies. We have set a target of reducing the ratio of cross-shareholdings to net assets to approximately 20% by the end of fiscal 2025, the final year of the Medium-Term Management Plan 2025.」
For the gradual reduction of cross-shareholdings, the Company newly set a deadline and numerical target of reducing the ratio to approximately 20% of net assets by the end of fiscal 2025. - FY2021AdvancedAnnual report
「We are gradually reducing cross-shareholdings after comprehensively reviewing factors including the medium- to long-term enhancement of the corporate value of the Company and the issuing companies. The cross-shareholdings held by the Company are reviewed by the Board of Directors every year.」
The Company established a policy of having the Board of Directors review cross-shareholdings annually and reducing them gradually. During the fiscal year, the number of unlisted holdings was reduced by 9 and the number of listed holdings by 4. - FY2021-Q2AdvancedAnnual report
「From the perspective of improving asset efficiency and strengthening its financial position through effective use of management resources, the Company has adopted an asset-light office policy. Accordingly, as the fixed-term lease for the business centre it had acquired was approaching expiry, the Company sold it to a buyer that could continue using it stably under a lease agreement.」
As a measure to improve asset efficiency and strengthen its financial position, the Company sold a business center and continued to use it under a lease agreement. - FY2020-Q3AdvancedAnnual report
「The Company recorded a ¥4.8 billion gain on sales of fixed assets from the review of business locations and other facilities, and a ¥4.4 billion gain on sales of investment securities from efforts to reduce non-operating assets.」
The Company continued to sell fixed assets and investment securities as part of its review of business locations and reduction of non-operating assets. - FY2020-Q2AdvancedAnnual report
「As a result of reviewing offices and other facilities following the merger between subsidiaries effective 1 April 2019, the Company recognised a ¥4.8 billion gain on the sale of property, plant and equipment. In addition, as a result of efforts to reduce non-operating assets from the perspective of asset efficiency, it recognised a ¥2.5 billion gain on the sale of investment securities, with both amounts recorded as extraordinary income.」
As part of its review of business locations and reduction of non-operating assets, the Company sold fixed assets and investment securities, giving concrete form to its asset-efficiency measures. - FY2020-Q1AdvancedAnnual report
「Reviewed non-operating assets and sold certain investment securities, recognising ¥1.9 billion as extraordinary income.」
The Company reviewed non-operating assets and sold investment securities, giving concrete form to its asset-efficiency measures. - FY2018-Q3RestatedAnnual report
「As common measures supporting this growth, we will actively invest in research and development, strengthen human resources management and governance through work-style reforms and the promotion of women's advancement, and continue to improve working-capital efficiency on the financial front.」
The Company reiterated its policy of continuing to improve working capital efficiency from a financial perspective. - FY2018-Q1ReframedAnnual report
「From a financial perspective, we will continue to improve working capital efficiency.」
The measures for improving asset efficiency and capital efficiency were given concrete form as a policy of continuing to improve working capital efficiency. - FY2017First statedAnnual report
「At the same time, we will seek to improve capital efficiency through more efficient use of assets and achieve stable shareholder returns.」
The Company established a policy of improving capital efficiency linked to the review of its business portfolio and asset sales.