Transfer of unused archive investment funds to the WEB business
First written in FY2018-Q1. 2 of 4 entries say "Reframed", first in FY2019-Q3. Latest entry: FY2020-Q1.
No other company in this theme has enough history to compare yet.
- FY2020-Q1ReframedAnnual report
「The company decided to change part of the intended use of the remaining ¥91.1 million out of the ¥100 million originally earmarked for an additional investment in the Chinese subsidiary, in order to secure funds for development expenses and capital investment in the new nanomaterials business.」
The company changed the use of the remaining ¥91.1 million of the funds earmarked for an additional investment in the Chinese subsidiary to ¥67.1 million for development expenses and ¥24 million for capital investment in the nanomaterials business. - FY2019-Q3ReframedAnnual report
「For the reasons described above, the company decided to change part of the intended uses of the ¥200 million earmarked as “M&A funds for expanding the WEB Business,” the purpose of issuing the fourth series of stock acquisition rights, and the ¥200 million earmarked for capital investment in the cup-type vending machine operations business in China, in order to secure working capital required for entering new businesses and for growth.」
The company changed the use of part of the funds earmarked for M&A in the WEB Business and capital investment in the vending machine business in China to working capital and other needs for new businesses. Following the change, the allocation was ¥265.2 million for working capital, ¥35 million for capital investment and ¥100 million for an additional investment in the Chinese subsidiary, for a total of ¥400.2 million. - FY2019-Q2DroppedAnnual report
「As the WEB Business was transferred effective 30 September 2018, excluding the planned figures for the WEB Business from the third quarter of the 39th fiscal year onward」
The WEB Business, which the company entered using Archive investment funds, was removed from the scope of the plan following its transfer. - FY2018-Q1First statedAnnual report
「To enhance corporate value, the company will change the uses and scheduled spending periods of funds designated for fixed costs and capital investment, which constitute the working capital of the Archive Business, to acquisition funds and working capital for the WEB Business to be acquired. The purpose is to actively invest in fields expected to grow more quickly and make effective use of limited management resources.」
The company changed the use of the unused ¥84.034 million to ¥52.000 million for the acquisition of the WEB Business and ¥32.034 million for working capital, and changed the scheduled spending period from June 2017 to March 2019.