Retained Earnings for Capital Expenditures and Research and Development
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
- FY2019RestatedAnnual report
「Regarding retained earnings, we believe that strategic and flexible capital investment and research and development investment are important for sustainable business development, and that it is necessary to maintain retained earnings at an appropriate level.」
The disclosure reiterates a capital allocation policy of balancing shareholder returns with capital investment and research and development investment, while maintaining retained earnings at an appropriate level. - FY2018RestatedAnnual report
「Regarding retained earnings, we believe that strategic and flexible capital investment and research and development investment are important for sustainable business development, and that it is necessary to maintain retained earnings at an appropriate level.」
The disclosure reiterates a capital allocation policy of balancing shareholder returns with capital investment and research and development investment, while maintaining retained earnings at an appropriate level. - FY2016First statedAnnual report
「Regarding retained earnings, we believe that strategic and flexible capital investment and research and development investment are important for sustainable business development, and that it is necessary to maintain retained earnings at an appropriate level.」
Alongside shareholder returns, capital investment and research and development investment for sustainable business development, together with maintaining retained earnings at an appropriate level, are positioned as capital allocation policies.