Three-year cumulative positive free cash flow after dividends
First written in FY2016. 10 of 35 entries say "Advanced", first in FY2018. Latest entry: 2026-08-05.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*) was an inflow of ¥221.8 billion.」
In connection with the policy of maintaining positive cumulative free cash flow over 3 years during the GC2027 period, the current year's post-shareholder-return free cash flow results were updated to an inflow of ¥221.8 billion. - 2026-05-01AdvancedEarnings
「As a result, free cash flow for the fiscal year was an inflow of ¥417.4 billion.」
The full-year result shows free cash flow as an inflow. - FY2026-H1Update to cumulative first-half post-shareholder-return free cash flow resultsAnnual report
「After further deducting ¥115.7 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an outflow of ¥89.1 billion.」
Post-shareholder-return free cash flow for the consolidated interim accounting period was an outflow of ¥89.1 billion. - FY2025RestatedAnnual report
「Maintain positive cumulative post-shareholder-return free cash flow over 3 years (*) (*Excluding changes in operating funds and other items)」
Continuing from GC2024, GC2027's capital allocation policy includes maintaining positive cumulative post-shareholder-return free cash flow over 3 years. - FY2025-H1Update to cumulative first-half post-shareholder-return free cash flow resultsAnnual report
「After further deducting ¥122.9 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an outflow of ¥259.0 billion.」
Post-shareholder-return free cash flow for the consolidated interim accounting period was an outflow of ¥259.0 billion. This first-half result reflects ¥484.6 billion in new investments, CAPEX and other items, and ¥122.9 billion in shareholder returns. - FY2024AdvancedAnnual report
「After further deducting ¥188.6 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*) was an inflow of ¥24.9 billion.」
Based on basic operating cash flow of ¥548.0 billion and recoveries from investments and other sources, post-shareholder-return free cash flow after deducting ¥441.6 billion in investments and ¥188.6 billion in shareholder returns was an inflow of ¥24.9 billion. - FY2024-Q3Update to cumulative third-quarter post-shareholder-return free cash flow resultsAnnual report
「Basic operating cash flow for the cumulative third quarter was an inflow of ¥395.0 billion. Including inflows from investing activities, such as the sale of subsidiaries and investments accounted for under the equity method, total inflows were ¥479.5 billion. Meanwhile, outflows from investing activities, including new investments and CAPEX, were ¥361.2 billion. After deducting ¥184.4 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an outflow of ¥66.1 billion.」
Post-shareholder-return free cash flow for the cumulative third quarter was an outflow of ¥66.1 billion, with the outflow increasing from ¥51.2 billion in the cumulative second quarter. - FY2024-Q2Update to cumulative second-quarter free cash flow after shareholder returns resultsAnnual report
「Basic operating cash flow for the cumulative second quarter was an inflow of ¥266.4 billion. Including inflows from investing activities, such as the sale of subsidiaries and investments accounted for under the equity method, total inflows were ¥302.3 billion. Meanwhile, outflows from investing activities, including new investments and CAPEX, were ¥254.7 billion. After deducting ¥98.7 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an outflow of ¥51.2 billion.」
Post-shareholder-return free cash flow for the cumulative second quarter was an outflow of ¥51.2 billion, changing from an inflow in the previous fiscal year to an outflow. - FY2024-Q1Update to cumulative first-quarter free cash flow after shareholder returns resultsAnnual report
「After further deducting ¥88.7 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an outflow of ¥67.5 billion.」
Post-shareholder-return free cash flow for the first quarter was an outflow of ¥67.5 billion. - FY2023AdvancedAnnual report
「Post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*) was an inflow of ¥572.8 billion. Of the approximately ¥330.0 billion equivalent to the funds recovered from the sale of the Gavilon grain business, the company allocated the amount to debt repayment.」
The company secured annual post-shareholder-return free cash flow of ¥572.8 billion and allocated approximately ¥330.0 billion in funds recovered from the Gavilon grain business to debt repayment. - FY2023-Q3AdvancedAnnual report
「Basic operating cash flow for the cumulative third quarter was an inflow of ¥466.7 billion. Including inflows from investing activities, such as the sale of subsidiaries and investments accounted for under the equity method, including funds recovered from the sale of the Gavilon grain business, total inflows were ¥856.5 billion. Meanwhile, outflows from investing activities, including new investments and CAPEX, were ¥234.5 billion. After deducting ¥160.4 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an inflow of ¥461.5 billion. Of the approximately ¥330.0 billion equivalent to the funds recovered from the sale of the Gavilon grain business, the company allocated the amount to debt repayment.」
Post-shareholder-return free cash flow for the cumulative third quarter was an inflow of ¥461.5 billion, and approximately ¥330.0 billion in funds recovered from the sale of the Gavilon grain business was allocated to debt repayment. - FY2023-Q2Update to cumulative second-quarter free cash flow after shareholder returns resultsAnnual report
「Basic operating cash flow for the cumulative second quarter was an inflow of ¥332.1 billion. Including inflows from investing activities, such as the sale of subsidiaries and investments accounted for under the equity method, total inflows were ¥378.4 billion. Meanwhile, outflows from investing activities, including new investments and CAPEX, were ¥208.2 billion. After deducting ¥73.8 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an inflow of ¥96.4 billion.」
Post-shareholder-return free cash flow for the cumulative second quarter was an inflow of ¥96.4 billion. - FY2023-Q1Update to cumulative first-quarter free cash flow after shareholder returns resultsAnnual report
「Basic operating cash flow for the cumulative first quarter was an inflow of ¥206.4 billion. Including inflows from investing activities, such as the sale of subsidiaries and investments accounted for under the equity method, total inflows were ¥239.4 billion. Meanwhile, outflows from investing activities, including new investments and CAPEX, were ¥126.0 billion. After deducting ¥73.8 billion in dividends to the parent company's shareholders and funds used to acquire treasury shares, post-shareholder-return free cash flow (excluding changes in operating funds and other items) (*3) was an inflow of ¥39.6 billion.」
Post-shareholder-return free cash flow for the cumulative first quarter was an inflow of ¥39.6 billion. - FY2022AchievedAnnual report
「Post-shareholder-return free cash flow (cumulative over 3 years) ¥100 billion or more +¥419.2 billion」
Against GC2021's target of cumulative post-shareholder-return free cash flow of at least ¥100 billion over 3 years, actual results were ¥419.2 billion. GC2024 set a target of maintaining positive cumulative free cash flow over 3 years. - FY2022-Q3AdvancedAnnual report
「Free cash flow after shareholder returns (three-year cumulative), at least +¥100 billion, +¥390 billion」
The outlook against GC2021's three-year cumulative target was set at positive ¥390 billion, and free cash flow after shareholder returns for the cumulative third-quarter period was an inflow of ¥103.6 billion. - FY2022-Q2Update to cumulative second-quarter free cash flow after shareholder returns resultsAnnual report
「Free cash flow after shareholder returns, calculated by deducting dividends of ¥38.2 billion paid to the parent company's shareholders from free cash flow, was an inflow of ¥102.8 billion.」
Free cash flow after shareholder returns for the cumulative second-quarter period changed from an outflow in the previous cumulative quarter to an inflow of ¥102.8 billion. - FY2022-Q1Update to cumulative first-quarter free cash flow after shareholder returns resultsAnnual report
「Free cash flow after shareholder returns, calculated by deducting dividends of ¥38.2 billion paid to the parent company's shareholders from free cash flow, was an outflow of ¥123.5 billion.」
Free cash flow after shareholder returns for the cumulative first-quarter period was an outflow of ¥123.5 billion. - FY2021AdvancedAnnual report
「Free cash flow after shareholder returns, calculated by deducting dividends of ¥49.5 billion paid to the parent company's shareholders from free cash flow, was an inflow of ¥231.3 billion and was applied to the repayment of bonds and borrowings, lease liabilities and other obligations.」
Free cash flow after shareholder returns was an inflow of ¥231.3 billion in fiscal 2020 and was applied to debt repayment. The revised GC2021 three-year cumulative outlook is approximately ¥350 billion. - FY2021-Q3Update to cumulative nine-month free cash flow after shareholder returns resultsAnnual report
「Free cash flow after shareholder returns, calculated by deducting dividends of ¥49.5 billion paid to the parent company's shareholders from free cash flow, was an outflow of ¥1.5 billion.」
Free cash flow for the cumulative nine-month period was an inflow of ¥47.9 billion, while free cash flow after shareholder returns, after deducting dividends, was an outflow of ¥1.5 billion. - FY2021-Q2AdvancedAnnual report
「Free cash flow after shareholder returns, calculated by deducting dividends of ¥30.4 billion paid to the parent company's shareholders from free cash flow, was an inflow of ¥6.7 billion and was applied to the repayment of bonds and borrowings, lease liabilities and other obligations.」
Free cash flow after shareholder returns was an inflow of ¥6.7 billion for the cumulative second-quarter period and was applied to debt repayment. - FY2021-Q1AdvancedAnnual report
「Free cash flow after shareholder returns, calculated by deducting dividends of ¥30.4 billion paid to the parent company's shareholders from free cash flow, was an inflow of ¥4.1 billion and was applied to the repayment of bonds and borrowings, lease liabilities and other obligations.」
Free cash flow after shareholder returns was an inflow of ¥4.1 billion for the cumulative first-quarter period and was applied to the repayment of bonds, borrowings and other debt. - FY2020ReframedAnnual report
「Prioritize debt repayment using positive three-year cumulative free cash flow after shareholder returns, toward a net debt-to-equity ratio of approximately 1.0x at the end of fiscal 2021」
The policy for free cash flow after shareholder returns was reorganized to prioritize restoring and strengthening the financial base, with positive cash flow allocated to debt repayment. - FY2019ReframedAnnual report
「Free cash flow after shareholder returns: three-year cumulative, at least +¥100 billion」
GC2018's target of ¥400 billion–¥500 billion in free cash flow after dividends was assessed against actual results of ¥740.4 billion, and GC2021 reframed the metric as three-year cumulative free cash flow after shareholder returns of at least positive ¥100 billion. - FY2019-Q3Update to cumulative nine-month free cash flow resultsAnnual report
「As a result, free cash flow for the cumulative nine-month period of the current consolidated fiscal year was an inflow of ¥69.9 billion, an increase in inflows of ¥53.2 billion compared with the cumulative nine-month period of the previous consolidated fiscal year.」
In relation to the target of generating ¥400 billion–¥500 billion of free cash flow after dividends over three years, free cash flow for the cumulative third-quarter period was an inflow of ¥69.9 billion. - FY2019-Q2Update to interim resultsAnnual report
「As a result, free cash flow for the cumulative six-month period of the current consolidated fiscal year was an outflow of ¥29.1 billion, a decrease in outflows of ¥24.7 billion compared with the cumulative six-month period of the previous consolidated fiscal year.」
In relation to the target of generating ¥400 billion–¥500 billion of free cash flow after dividends over three years, free cash flow for the cumulative second-quarter period was an outflow of ¥29.1 billion. - FY2018AdvancedAnnual report
「Generate ¥400 billion–¥500 billion of free cash flow after dividends over three years and use it for debt repayment.」
While maintaining the three-year cumulative target of ¥400 billion–¥500 billion, free cash flow after dividends for the current fiscal year was ¥158.6 billion. - FY2018-Q3RestatedAnnual report
「Generate ¥400 billion–¥500 billion of free cash flow after dividends over three years and use it for debt repayment」
The target of generating ¥400 billion–¥500 billion of free cash flow after dividends over three years and applying it to debt repayment was reiterated. - FY2018-Q2RestatedAnnual report
「Generate ¥400 billion–¥500 billion of free cash flow after dividends over three years and use it for debt repayment」
The target of generating ¥400 billion–¥500 billion of free cash flow after dividends over three years and applying it to debt repayment was reiterated. - FY2018-Q1RestatedAnnual report
「Generate ¥400 billion–¥500 billion of free cash flow after dividends over three years and use it for debt repayment」
The target of generating ¥400 billion–¥500 billion of free cash flow after dividends over three years and applying it to debt repayment was reiterated. - FY2017RaisedAnnual report
「Cumulative fiscal 2016–fiscal 2018: ¥400 billion–¥500 billion (net D/E ratio of approximately 1.0x at the end of fiscal 2018)」
The free cash flow after dividends target was made more specific, moving from simply achieving positive cash flow over three years to generating ¥400 billion–¥500 billion for debt repayment. - FY2017-Q3RestatedAnnual report
「Free cash flow after dividends: cumulative positive cash flow over the three years from fiscal 2016 to fiscal 2018, “—”」
The target of cumulative positive free cash flow after dividends over three years was reiterated, with the progress field shown as “—”. - FY2017-Q1RestatedAnnual report
「Free cash flow after dividends: cumulative positive cash flow over the three years from fiscal 2016 to fiscal 2018」
The three-year cumulative positive cash flow target was reiterated. Progress for the current quarter is shown as “—” in the table. - FY2016First statedAnnual report
「Free cash flow after dividends (net D/E ratio): cumulative positive cash flow over the three years from fiscal 2016 to fiscal 2018」
The company set a target of cumulative positive free cash flow after dividends over the medium-term plan period.