Use of Retained Earnings to Improve Operational Efficiency, Respond to Market Conditions and Expand the Business
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2025.
29 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In pursuing these key strategies, we will leverage one of our strengths, our ability to generate cash and stable financial base, to actively invest in growth areas and in strengthening our business platform.」
The policy was specified as using retained earnings and cash-generation capacity to invest in product categories, overseas expansion, human resources, logistics automation and global SCM, among other areas. - FY2020RestatedAnnual report
「The Company intends to use retained earnings for effective investment to further improve operating efficiency in response to anticipated changes in the business environment, strengthen its ability to meet market needs and expand the scope of its operations, thereby meeting the expectations of shareholders.」
The Company continued its policy of using retained earnings to improve operating efficiency, strengthen its ability to respond to market needs and expand the scope of its operations. - FY2019RestatedAnnual report
「The Company intends to use retained earnings for effective investment to further improve operating efficiency in response to anticipated changes in the business environment, strengthen its ability to meet market needs and expand the scope of its operations, thereby meeting the expectations of shareholders.」
The Company continued its policy of using retained earnings to improve operating efficiency, strengthen its ability to respond to market needs and expand the scope of its operations. - FY2017RestatedAnnual report
「The Company intends to use retained earnings for effective investment to further improve operating efficiency in response to anticipated changes in the business environment, strengthen its ability to meet market needs and expand the scope of its operations, thereby meeting the expectations of shareholders.」
The Company reiterated its policy of using retained earnings to improve operating efficiency, strengthen its ability to respond to market needs and expand the scope of its operations. - FY2016First statedAnnual report
「The Company intends to use retained earnings for effective investment to further improve operating efficiency in response to anticipated changes in the business environment, strengthen its ability to meet market needs and expand the scope of its operations, thereby meeting the expectations of shareholders.」
The capital allocation policy covers both dividends and the use of retained earnings.