Using Retained Earnings for Growth Investments, Including Human Capital and Capital Expenditure
First written in FY2020. 6 of 11 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-10-15.
29 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Although upward cost pressures continued, including higher labor costs primarily due to increases in the minimum wage and higher logistics costs accompanying price increases, the Company selectively made investments to strengthen sales at existing stores and upgrade systems, while continuing to reinforce expense management. As a result, selling, general and administrative expenses remained only slightly above the previous year’s level.」
For growth investments, the company selectively invested in strengthening sales at existing stores and upgrading systems. - FY2023AdvancedAnnual report
「The primary uses of funds demanded for investment are new store openings, refurbishing existing stores, strengthening e-commerce and investing in digitalization.」
The company explicitly identifies new store openings, existing-store refurbishments, e-commerce enhancements and digitalization as actual funding needs under its growth investment policy using internal funds and other sources. - FY2023-Q1RestatedAnnual report
「While anticipating changes in market trends, including future cost increases, the Company worked to reduce expenses while continuing to make investments for growth.」
The company continues its policy of pursuing cost reductions in anticipation of higher costs while carrying out investment activities aimed at growth. - FY2022AdvancedAnnual report
「Some growth investments, including promotional activities for new store openings, refurbishing existing stores and strengthening e-commerce, were implemented ahead of the original schedule.」
Regarding its policy of using internal funds for growth investments in human resources and facilities, the company implemented new-store opening promotions, existing-store refurbishments and e-commerce enhancements ahead of the original schedule. - FY2022-Q3AdvancedAnnual report
「With regard to selling, general and administrative expenses, the company prioritized investment activities aimed at growth, including promotional activities for new store openings, refurbishing existing stores and strengthening e-commerce, while periodically reviewing budget priorities in anticipation of changes in market conditions such as future cost increases.」
Regarding its policy of investing in growth through human resources and facilities, the company states that it prioritized promotional activities for new store openings, refurbishing existing stores and strengthening e-commerce. - FY2022-Q2RestatedAnnual report
「Although the company periodically reviewed budget priorities in response to market fluctuations caused by COVID-19 variants and overseas conditions, it focused on investments for future growth, including renovations of existing stores.」
The company continues investment activities aimed at future growth, including refurbishing existing stores, while reviewing budget priorities in line with market trends. - FY2022-Q1RestatedAnnual report
「While continuing investment activities for future growth, the Company has periodically reviewed budget spending priorities in response to fluctuating market trends amid the COVID-19 pandemic, focusing on its response to the state of emergency declared in September and other developments.」
The company has reaffirmed its policy of continuing investment activities aimed at growth. - FY2021RestatedAnnual report
「We intend to use retained earnings effectively for growth investments, including investments in human resources and facilities, with the aim of maximizing corporate value.」
The company has reiterated its policy of using retained earnings for growth investments, including investments in human resources and facilities. - FY2020First statedAnnual report
「We intend to use retained earnings effectively for growth investments, including investments in human resources and facilities, with the aim of maximizing corporate value.」
In explaining its profit distribution policy, the company has for the first time specified growth investments, including investments in human resources and facilities, as concrete uses of retained earnings.