Third Mid-Range Plan centered on ¥2 trillion in operating cash flow and ¥1 trillion in capital expenditures
First written in FY2018. 10 of 14 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2026: 8 of 47 companies on the "Worse" side.
21 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Adjusted EBITDA for fiscal 2022 was ¥1.7034 trillion. The Group KPI of cumulative adjusted EBITDA over three years is progressing substantially ahead of the initial plan, led primarily by the music and film businesses.」
Ahead of the final year of the Fourth Mid-Range Plan, adjusted EBITDA for fiscal 2022 reached ¥1.7034 trillion, and the three-year cumulative KPI progressed substantially ahead of the initial plan. The capital expenditure plan was increased to ¥1.9 trillion, while strategic investments were reduced to ¥1.8 trillion. - FY2021AchievedAnnual report
「Sony set a quantitative target of generating cumulative operating cash flow of at least ¥2.2 trillion over the three years from fiscal 2018 to fiscal 2020 on a consolidated basis excluding the financial services segment. Actual cumulative operating cash flow was approximately ¥2.6 trillion, substantially exceeding the target.」
The Third Mid-Range Plan operating cash flow target of at least ¥2.2 trillion was achieved, with cumulative operating cash flow of approximately ¥2.6 trillion. Approximately ¥1.2 trillion was allocated to capital expenditures, approximately ¥1.4 trillion to strategic investments, and approximately ¥170 billion to dividends. - FY2021-Q3AdvancedAnnual report
「On a consolidated basis excluding the financial services segment, Sony recorded net cash receipts of ¥909.4 billion, an increase of ¥415.4 billion in net receipts year on year.」
Cash generation excluding the financial services segment, a priority under the Third Mid-Range Plan, reached net cash receipts of ¥909.4 billion for the nine months ended the third quarter of fiscal 2020, an improvement of ¥415.4 billion from the same period of the previous year. - FY2021-Q2AdvancedAnnual report
「On a consolidated basis excluding the financial services segment, Sony recorded net cash receipts of ¥493.5 billion, an increase of ¥403.8 billion in net receipts year on year.」
Cash generation excluding the financial services segment, a priority under the Third Mid-Range Plan, reached net cash receipts of ¥493.5 billion for the six months ended the second quarter of fiscal 2020. - FY2021-Q1AdvancedAnnual report
「On a consolidated basis excluding the financial services segment, Sony recorded net cash receipts of ¥124.6 billion in the current quarter, compared with net cash payments of ¥85.0 billion in the same quarter of the previous year.」
Cash generation excluding the financial services segment, a priority under the Third Mid-Range Plan, improved from net cash payments in the same quarter of the previous year to net cash receipts of ¥124.6 billion in the current quarter. - FY2020AdvancedAnnual report
「From fiscal 2018 through fiscal 2019, Sony generated approximately ¥1.5 trillion in cumulative operating cash flow on a consolidated basis excluding the Financial Services segment. During the same period, Sony spent approximately ¥700 billion on capital expenditures and approximately ¥900 billion on strategic investments.」
Against the ¥2.2 trillion three-year cumulative operating cash flow target under the Third Mid-Range Plan, approximately ¥1.5 trillion was generated in the second year, with approximately ¥700 billion in capital expenditures and ¥900 billion in strategic investments executed. ROE was also maintained at 10% or higher, at 14.8% in fiscal 2019. - FY2020-Q3AdvancedAnnual report
「For Sony's consolidated operations excluding the Financial Services segment, the excess of cash received was ¥494.0 billion, a decrease in cash received of ¥111.1 billion year on year.」
Regarding cash generation excluding the Financial Services segment, a priority under the Third Mid-Range Plan, the cumulative consolidated period for the current quarter resulted in a net cash inflow of ¥494.0 billion. - FY2020-Q2AdvancedAnnual report
「For Sony's consolidated operations excluding the Financial Services segment, the excess of cash received was ¥89.7 billion, a decrease in cash received of ¥86.8 billion year on year.」
Regarding cash generation, a priority under the Third Mid-Range Plan, operating cash flow excluding the Financial Services segment totaled a net cash inflow of ¥89.7 billion for the cumulative second quarter of fiscal 2019. - FY2020-Q1First-quarter excess of cash paid from operating activitiesAnnual report
「For Sony's consolidated operations excluding the Financial Services segment, the excess of cash paid was ¥85.0 billion, an increase in cash paid of ¥84.2 billion year on year.」
Regarding cash generation excluding the Financial Services segment, a priority under the Third Mid-Range Plan, the first quarter of fiscal 2019 resulted in a net cash outflow of ¥85.0 billion. - FY2019RaisedAnnual report
「For fiscal 2018 through fiscal 2020, Sony will prioritize cash flow from operating activities as its most important management metric and aims to generate at least ¥2.2 trillion in operating cash flow over the 3-year period on a consolidated basis excluding the Financial Services segment. Sony plans to spend ¥1.1 trillion to ¥1.2 trillion on capital expenditures, reflecting increased investment in CMOS image sensors. Of the remaining ¥1 trillion to ¥1.1 trillion, Sony will prioritize strategic investments while allocating an appropriate amount to shareholder returns.」
The operating cash flow target was raised from at least ¥2 trillion to at least ¥2.2 trillion, and the capital expenditure plan was raised from approximately ¥1 trillion to ¥1.1 trillion–¥1.2 trillion. - FY2019-Q3AdvancedAnnual report
「For Sony's consolidated operations excluding the Financial Services segment, the excess of cash received was ¥605.0 billion, an increase of ¥227.2 billion from the same period of the previous year.」
Regarding cash generation, a priority under the Third Mid-Range Plan, operating cash flow excluding the Financial Services segment totaled a net cash inflow of ¥605.0 billion for the cumulative third quarter of fiscal 2018. - FY2019-Q2AdvancedAnnual report
「For Sony's consolidated operations excluding the Financial Services segment, the excess of cash received was ¥176.5 billion, an increase of ¥107.5 billion from the same period of the previous year.」
Regarding cash generation, a priority under the Third Mid-Range Plan, operating cash flow excluding the Financial Services segment totaled a net cash inflow of ¥176.5 billion for the cumulative second quarter of fiscal 2018, an improvement of ¥107.5 billion from the same period of the previous year. - FY2019-Q1AdvancedAnnual report
「For Sony's consolidated operations excluding the Financial Services segment, the combined excess of cash received from operating and investing activities during the current quarter was ¥10.6 billion, an improvement of ¥63.1 billion from the excess of cash paid in the same quarter of the previous year.」
Regarding cash generation, a priority under the Third Mid-Range Plan, operating and investing activities excluding the Financial Services segment generated a net cash inflow of ¥10.6 billion in the first quarter of fiscal 2018, an improvement of ¥63.1 billion from the same period of the previous year. - FY2018First statedAnnual report
「For fiscal 2018 through fiscal 2020, Sony will prioritize cash flow from operating activities as its most important management metric and aims to generate at least ¥2 trillion in operating cash flow over the 3-year period on a consolidated basis excluding the Financial Services segment. Sony plans to spend approximately ¥1 trillion of the cash generated on capital expenditures. Of the remaining ¥1 trillion, Sony will prioritize strategic investments while allocating the balance appropriately among strengthening its financial position and returning capital to shareholders, with the aim of further increasing corporate value. With respect to shareholder returns, Sony plans to increase dividends over the long term on a stable basis. Sony aims to maintain consolidated return on equity (ROE) at 10% or higher.」
For the 3 years from fiscal 2018 through fiscal 2020, Sony set targets of at least ¥2 trillion in operating cash flow excluding the Financial Services segment, approximately ¥1 trillion in capital expenditures, allocation of the remaining ¥1 trillion to strategic investments, strengthening its financial position and shareholder returns, and ROE of at least 10%.