Growth Investment Centered on Operating Cash Flow and Financial Soundness
First written in FY2016. 22 of 24 entries say "Restated". Latest entry: 2026-04-28.
The whole theme swung hardest in 2025: 3 of 37 companies on the "Worse" side.
37 other companies' latest entry also says "Restated".
- 2026-04-28RestatedTreasury Stock
「Our financial strategy consists of four pillars: ① strengthening our earnings base, ② reducing low-return assets, ③ improving our capital structure, and ④ engaging in dialogue with the market.」
The company has reconfirmed its four-pillar financial strategy and its emphasis on capital efficiency and capital structure. - FY2026-H1RestatedAnnual report
「The basic policy for sources of capital and liquidity is to fund the consolidated companies’ working capital and capital expenditures primarily with internal funds and, as necessary, to raise funds through borrowings, bond issues and other means. During the interim consolidated accounting period, the consolidated companies’ working capital and capital expenditures were funded with internal funds, borrowings and bond issues.」
The company has reaffirmed its funding policy of relying primarily on internal funds and combining them, as necessary, with borrowings and bond issues, and confirmed that this policy was implemented during the interim period. - FY2025RestatedAnnual report
「The company’s basic policy is to fund the business capital required by maintaining and strengthening the earnings capacity and cash-generation ability of the consolidated companies, thereby covering it with operating cash flow, and to supplement this, as necessary, with interest-bearing debt, including bonds and borrowings.」
The company has reaffirmed its capital policy of using operating cash flow as its primary source of funds and supplementing it, as necessary, with bonds and borrowings. - FY2025-H1ReframedAnnual report
「The financial strategy has four pillars: (1) strengthening earnings capacity, (2) reducing low-return assets, (3) improving the capital structure, and (4) engaging in dialogue with the market.」
The financial strategy has been organized around four pillars—earnings capacity, low-return assets, capital structure and dialogue with the market—in addition to the existing capital policy centered on operating cash flow and a sound financial position. - FY2024-Q3RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The company has reconfirmed its capital policy of funding working capital and capital expenditures primarily with internal funds and supplementing them with borrowings and bond issuance as necessary. - FY2024-Q1RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The company has reaffirmed its funding policy of relying primarily on internal funds and supplementing them, as necessary, with borrowings and bond issues. During the quarter, funding was provided mainly by internal funds, borrowings and bond issues. - FY2023-Q3RestatedAnnual report
「During the current third-quarter consolidated accounting period, the consolidated companies funded working capital and capital expenditures with internal funds and funds raised through borrowings and bond issuance.」
The company has reconfirmed the implementation of its policy of using internal funds as the primary source for working capital and capital expenditures, supplemented by borrowings and bond issuance. - FY2023-Q2RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The company has reconfirmed its capital policy of funding working capital and capital expenditures primarily with internal funds and supplementing them with borrowings and bond issuance as necessary. - FY2022-Q3RestatedAnnual report
「Regarding sources of capital and liquidity, the basic policy is for the consolidated companies to fund working capital and capital expenditures primarily with internal funds and, as necessary, raise funds through borrowings, bond issuance and other means." "During the current third-quarter consolidated accounting period, the consolidated companies funded working capital and capital expenditures with internal funds and funds raised through borrowings and bond issuance.」
The company has reconfirmed its financing policy of using internal funds as the primary source and supplementing them with borrowings and bond issuance as necessary, and its implementation during the third quarter. - FY2022-Q2RestatedAnnual report
「Regarding sources of capital and liquidity, the basic policy is for the consolidated companies to fund working capital and capital expenditures primarily with internal funds and, as necessary, raise funds through borrowings, bond issuance and other means." "During the current second-quarter consolidated accounting period, the consolidated companies funded working capital and capital expenditures with internal funds and funds raised through borrowings and bond issuance.」
The company has reconfirmed its financing policy of using internal funds as the primary source and supplementing them with borrowings and bond issuance as necessary, and its implementation during the second quarter. - FY2022-Q1RestatedAnnual report
「Regarding sources of capital and liquidity, the basic policy is for the consolidated companies to fund working capital and capital expenditures primarily with internal funds and, as necessary, raise funds through borrowings, bond issuance and other means." "During the current first-quarter consolidated accounting period, the consolidated companies funded working capital and capital expenditures primarily with internal funds and funds raised through borrowings and bond issuance.」
The company has reconfirmed its financing policy of using internal funds as the primary source and supplementing them with borrowings and bond issuance as necessary, and its implementation during the first quarter. - FY2021-Q3RestatedAnnual report
「Regarding sources of capital and liquidity, the basic policy is for the consolidated companies to fund working capital and capital expenditures primarily with internal funds and, as necessary, raise funds through borrowings, bond issuance and other means. During the current third-quarter consolidated accounting period, the consolidated companies funded working capital and capital expenditures with internal funds, borrowings and bonds.」
The company has reconfirmed its financing policy of using internal funds as the primary source and supplementing them with borrowings and bonds as necessary, and its implementation during the third quarter. - FY2021-Q2RestatedAnnual report
「Regarding sources of capital and liquidity, the basic policy is for the consolidated companies to fund working capital and capital expenditures primarily with internal funds and, as necessary, raise funds through borrowings, bond issuance and other means. During the current second-quarter consolidated accounting period, the consolidated companies funded working capital and capital expenditures with internal funds and borrowings.」
The company has reconfirmed its capital policy of using internal funds as the primary source and supplementing them with borrowings and other financing as necessary, and its implementation during the second quarter. - FY2020RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The company has reconfirmed its capital policy of funding working capital and capital expenditures primarily with internal funds. - FY2020-Q3RestatedAnnual report
「Regarding sources of capital and liquidity, the basic policy is for the consolidated companies to fund working capital and capital expenditures primarily with internal funds and, as necessary, raise funds through borrowings, bond issuance and other means. During the current third-quarter consolidated accounting period, the consolidated companies funded capital expenditures primarily with internal funds.」
The company has reconfirmed its policy of funding capital expenditures primarily with internal funds and its implementation during the third quarter. - FY2020-Q2RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The policy of funding working capital and capital expenditures primarily with internal funds and supplementing them with borrowings and corporate bonds as necessary has been reaffirmed. - FY2020-Q1RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The policy of funding working capital and capital expenditures primarily with internal funds and supplementing them with borrowings and corporate bonds as necessary has been reaffirmed. - FY2019RestatedAnnual report
「The consolidated companies aim to enhance corporate value sustainably by maintaining a sound financial position, investing funds in capital expenditures, research and development, M&A and other initiatives necessary for sustainable growth, and continuing stable, long-term shareholder returns. As a basic policy, the funds required for the business are covered by operating cash flow by maintaining and strengthening the earnings capacity and cash-generation ability of the consolidated companies, supplemented as necessary by interest-bearing debt, including bonds and borrowings.」
The company has reconfirmed its policy of funding growth investment, M&A and shareholder returns primarily through operating cash flow, supplemented by interest-bearing debt as necessary. - FY2019-Q3RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The policy of funding working capital and capital expenditures primarily with internal funds and supplementing them with borrowings and corporate bonds as necessary has been reaffirmed. - FY2019-Q2RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The policy of funding working capital and capital expenditures primarily with internal funds and supplementing them with borrowings and corporate bonds as necessary has been reaffirmed. - FY2019-Q1RestatedAnnual report
「Regarding sources of capital and liquidity, our basic policy is to fund the working capital and capital expenditure requirements of the consolidated companies primarily with internal funds, raising additional funds through borrowings or the issuance of corporate bonds as necessary.」
The policy of funding working capital and capital expenditures primarily with internal funds and supplementing them with borrowings and corporate bonds as necessary has been reaffirmed. - FY2018RestatedAnnual report
「As a basic policy, the funds required for the business are covered by operating cash flow by maintaining and strengthening the earnings capacity and cash-generation ability of the consolidated companies, supplemented as necessary by interest-bearing debt, including bonds and borrowings.」
The company has reconfirmed its policy of funding capital expenditures, research and development, M&A and shareholder returns primarily through operating cash flow, supplemented by interest-bearing debt as necessary. - FY2017RestatedAnnual report
「While maintaining a sound financial position, the company aims to enhance corporate value sustainably by investing funds in capital expenditures, research and development, M&A and other initiatives necessary for sustainable growth, while continuing stable, long-term shareholder returns.」
The company has reconfirmed its policy of funding growth investment, M&A and shareholder returns primarily through operating cash flow, supplemented by interest-bearing debt as necessary. - FY2016First statedAnnual report
「While maintaining a sound financial position, the company aims to enhance corporate value sustainably by investing funds in capital expenditures, research and development, M&A and other initiatives necessary for sustainable growth, while continuing stable, long-term shareholder returns. As a basic policy, the funds required for the business are covered by operating cash flow by maintaining and strengthening the earnings capacity and cash-generation ability of the consolidated companies, supplemented by interest-bearing debt as necessary.」
The company states a policy of funding capital expenditures, research and development, M&A and shareholder returns primarily through operating cash flow, supplemented by interest-bearing debt as necessary.