Capital Allocation for the Cumulative R2 Period
First written in FY2023. 2 of 6 entries say "Restated". Latest entry: 2026-10-21.
The whole theme swung hardest in 2026: 8 of 49 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- 2026-10-21RestatedGovernance
「資金の配分にあたっては、持続的成長による企業価値向上を最優先とし、成長投資と既存ビジネスの強化に重点的に資金を配分する方針です。」
R3における成長投資・既存ビジネス強化を重視する資金配分方針を再確認している。canonical threadは変更しない。 - FY2026ReframedAnnual report
「The capital allocation policy for the cumulative R3 period prioritizes enhancing corporate value through sustainable growth and plans to allocate ¥15 billion in cash flow from operating activities, with a focus on growth investments and strengthening existing businesses. The Company will also consider shareholder returns in light of progress in strengthening earnings power and the financial base.」
The Company moved from its R2 policy of allocating ¥13 billion in operating cash flow to reducing borrowings, growth investments and capital expenditures to an R3 policy of allocating ¥15 billion in operating cash flow with a focus on sustainable growth, growth investments and strengthening existing businesses. Consideration of shareholder returns was also explicitly stated. - FY2024RestatedAnnual report
「The capital allocation policy for the cumulative R2 period plans to allocate ¥13 billion in cash flow from operating activities as follows: ¥2 billion to reduce borrowings to strengthen the financial base, ¥2 billion to growth investments, and ¥9 billion to capital expenditures to strengthen existing businesses.」
The Company has reaffirmed its policy of allocating ¥13 billion in operating cash flow during the cumulative R2 period to reducing borrowings by ¥2 billion, growth investments of ¥2 billion, and ¥9 billion in capital expenditures to strengthen existing businesses. - FY2023First statedAnnual report
「The capital allocation policy for the cumulative R2 period plans to allocate ¥13 billion in cash flow from operating activities as follows: ¥2 billion to reduce borrowings to strengthen the financial base, ¥2 billion to growth investments, and ¥9 billion to capital expenditures to strengthen existing businesses.」
The Company presented, for the first time as an independent theme, a funding allocation plan for the ¥13 billion in operating cash flow during the cumulative R2 period: ¥2 billion to reduce borrowings, ¥2 billion to growth investments, and ¥9 billion to capital expenditures for existing businesses.