Investment of Retained Earnings in Factories, Sales Facilities and R&D
First written in FY2016. 19 of 21 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2025: 5 of 49 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company will effectively use operating cash flow generated by the business and external funds, including borrowings from financial institutions, and allocate them to growth investments and stable, long-term shareholder returns.」
Based on its capital allocation policy for the fiscal years ending March 2026 through March 2031, the company made ¥9,827 million in capital expenditures and borrowed ¥8,415 million in long-term debt. - FY2026-H1AdvancedAnnual report
「Cash used in investing activities totaled ¥7,256 million, up 132.9% year on year. The main use of funds was the acquisition of property, plant and equipment, at ¥6,621 million. Cash provided by financing activities totaled ¥5,876 million, up 284.5% year on year. The main source of funds was ¥7,740 million in proceeds from long-term borrowings.」
The company significantly expanded growth investment through capital allocation that included ¥6,621 million for the acquisition of property, plant and equipment and ¥7,740 million in long-term borrowings. - FY2025AdvancedAnnual report
「The company will effectively use operating cash flow generated by the business and external funds, including borrowings from financial institutions, and allocate them to growth investments and stable, long-term shareholder returns.」
The company presented a capital allocation plan for the fiscal years ending March 2026 through March 2031 and continued its policy of allocating operating cash flow and borrowings to growth investment and shareholder returns. It also made ¥5,951 million in capital expenditures and borrowed ¥5,560 million in long-term debt. - FY2025-H1AdvancedAnnual report
「As a result of investing activities, funds used amounted to ¥3,115 million, up 72.9% year on year. The main component of expenditures was ¥3,151 million for the acquisition of property, plant and equipment. As a result of financing activities, funds provided amounted to ¥1,528 million, compared with funds used of ¥846 million in the previous period. The main source of funds was ¥5,560 million in proceeds from long-term borrowings.」
The company made investments including ¥3,151 million for the acquisition of property, plant and equipment and advanced growth investments using ¥5,560 million in long-term borrowings. - FY2024ReframedAnnual report
「The company will effectively use operating cash flow generated by the business and external funds, including borrowings from financial institutions, and allocate them to growth investments and stable, long-term shareholder returns.」
The company expanded its investment policy, previously centred on retained earnings, into a capital allocation plan incorporating operating cash flow and external funds, including borrowings, and set out both growth investments and shareholder returns. - FY2024-Q2AdvancedAnnual report
「As a result of investing activities, funds used amounted to ¥1,801 million, up 22.7% year on year. Major expenditures comprised ¥1,468 million for the acquisition of property, plant and equipment and ¥340 million for the acquisition of intangible assets.」
The company made total investments of ¥1,808 million in property, plant and equipment, including production facilities, and intangible assets, and continued allocating internal funds and other resources to its business infrastructure. - FY2023-Q2AdvancedAnnual report
「As a result of investing activities, funds used amounted to ¥1,468 million, up 33.9% year on year. The main components of expenditures were ¥835 million for the acquisition of property, plant and equipment and ¥541 million for the acquisition of intangible assets.」
During the second quarter cumulative period, the company made ¥1,468 million in investments, including ¥835 million for property, plant and equipment and ¥541 million for intangible assets, and advanced capital allocation to its production and operating infrastructure. - FY2022-Q3AdvancedAnnual report
「Business combination date: 22 December 2021 (date of share acquisition)」
The company acquired shares in a tennis ball manufacturing and sales company for cash, implementing specific capital allocation to facilities and its manufacturing base. The acquired voting rights ratio was 86.8%; the acquisition price was undisclosed. - FY2022-Q2AdvancedAnnual report
「As a result of investing activities, funds used amounted to ¥1,096 million, up 112.7% year on year. The main components of expenditures were ¥418 million for the acquisition of property, plant and equipment and ¥333 million for the acquisition of intangible assets.」
The company made investments including ¥418 million in property, plant and equipment and ¥333 million in intangible assets, and continued allocating capital to its production and operating infrastructure. - FY2021AdvancedAnnual report
「To address rapid technological innovation and intensifying sales competition, the Group made ¥1,037 million in capital expenditures, primarily in its sporting goods business.」
The company made ¥1,037 million in capital expenditures and allocated funds to the introduction of core systems, production rationalisation, quality improvement, and facility maintenance and renovation. - FY2021-Q2AdvancedAnnual report
「As a result of investing activities, funds used amounted to ¥515 million, down 8.6% year on year. The main component of expenditures was ¥488 million for the acquisition of property, plant and equipment.」
During the cumulative second quarter, the company made investments including ¥488 million for the acquisition of property, plant and equipment, and continued allocating capital to facilities. - FY2020AdvancedAnnual report
「The company made ¥1,615 million in capital expenditures, primarily in its sporting goods business.」
The company allocated internal funds and other resources to production rationalisation, quality improvement and sales facilities, and continued making capital expenditures. - FY2020-Q3AdvancedAnnual report
「(2) Business combination date: 25 December 2019; consideration for acquisition: cash, ¥176.400 million; acquisition cost: ¥176.400 million」
The company allocated ¥176.40 million in cash to acquire additional shares in Toyo Zoki and advanced capital allocation to strengthen product development and manufacturing capacity. - FY2020-Q2AdvancedAnnual report
「As a result of investing activities, funds used amounted to ¥563 million, down 12.9% year on year. The main component of expenditures was ¥624 million for the acquisition of property, plant and equipment.」
During the cumulative second quarter, the company made investments including ¥624 million for the acquisition of property, plant and equipment, and continued allocating capital to facilities. - FY2019AdvancedAnnual report
「To address rapid technological innovation and intensifying sales competition, the Group made ¥1,940 million in capital expenditures, primarily in its sporting goods business.」
The company made ¥1,940 million in capital expenditures and allocated internal funds and other resources to improve production efficiency, establish increased sporting goods production capacity, and maintain and renovate sports facilities. - FY2019-Q3AdvancedAnnual report
「1 November 2018 (date of share acquisition)」
The company allocated ¥183.600 million in cash to acquire shares in Toyo Zoki and obtained 51% of the voting rights. This represented a specific capital allocation of internal funds and other resources to strengthen product development capabilities and manufacturing capacity. - FY2018AdvancedAnnual report
「To address rapid technological innovation and intensifying sales competition, the Group made ¥1,311.134 million in capital expenditures, primarily in its sporting goods business.」
The company made ¥1,311.13 million in capital expenditures and allocated internal funds and other resources to improve future production efficiency, establish increased production capacity, and maintain and renovate sports facilities. - FY2016First statedAnnual report
「The company intends to use retained earnings for capital investment in production plants and sales facilities to support future business development, as well as for R&D funding for new product development, and to make effective investments to further strengthen its management foundation.」
The company plans to use retained earnings for production and sales facilities and new product development to strengthen its management foundation.