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Itochu Enex (8133) · InitiativeAdvancedLatest Earnings (2026-08-06): "Restated"

Asset Optimization Focused on Profitability and Growth

First written in FY2017. 15 of 26 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-08-06.

26entries
10years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2019-Q1AdvancedFY2022-Q3 – FY2023-Q3AdvancedFY2024-Q2 – FY20262017: 320172018: 320182019: 120192020: 220202021: 220212022: 420222023: 420232024: 320242025: 020252026: 42026
Same theme, other companies
Business Portfolio Optimization and Selective Allocation of Management ResourcesA theme 158 companies write about · 0 as a headwind · 163 as a tailwind

27 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 158 companies compared. The sentences above are computed from all 158.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-06RestatedEarnings

    「Our Group is continually pursuing investments with a focus on capital efficiency, based on its investment strategy.」

    The policy of focusing on capital efficiency based on the investment strategy has been reaffirmed.
  2. FY2026AdvancedAnnual report

    「The capital investment plan for the one-year consolidated fiscal year, including new construction and expansion, totals ¥26.7 billion, with the breakdown by segment as follows.」

    Based on ENEX2030’s investment policy, the company has specified a capital investment plan of ¥26.7 billion for the fiscal year ending March 2027: ¥6.8 billion for car life, ¥11.2 billion for industrial business, ¥6 billion for power and utilities, ¥1.3 billion for home life, and ¥1.4 billion for company-wide investments.
  3. FY2025-H1AdvancedAnnual report

    「Cash used as a result of investing activities was ¥7.756 billion. The main factors were ¥9.517 billion in expenditure for the acquisition of investments, ¥6.294 billion in expenditure for the acquisition of property, plant and equipment and investment property, and ¥10 billion recovered from deposits.」

    Regarding investment focused on capital efficiency, the company reported its investing activities during the interim period, including the acquisition of investments, property, plant and equipment and investment property, and the recovery of deposits.
  4. FY2024AdvancedAnnual report

    「To strengthen its operating base and sales company functions, the Group made capital investments and other investments totaling ¥14.367 billion, including intangible assets, mainly in its home life, car life, industrial business, and power and utilities businesses.」

    Regarding asset optimization and growth investments, the company made ¥14.367 billion in capital investments and other investments in fiscal 2023. In addition, it plans capital investments of ¥26.6 billion for the fiscal year ending March 2025, allocated to solar power generation, CS, automobile dealerships, AdBlue, renewable diesel, systems and other areas.
  5. FY2024-Q3AdvancedAnnual report

    「Cash used in investing activities was ¥4.555 billion. The main factors were ¥26.934 billion in proceeds from the sale of property, plant and equipment and investment property, primarily utility-scale solar power plants; ¥20 billion in expenditure resulting from an increase in deposits of surplus funds with the parent company; ¥7.671 billion in expenditure for the acquisition of property, plant and equipment and investment property; and ¥4.007 billion in expenditure for the acquisition of intangible assets.」

    The company reported its asset optimization activities focused on capital efficiency, including ¥26.934 billion in proceeds from the sale of utility-scale solar projects and other assets, ¥7.671 billion in acquisitions of property, plant and equipment and other assets, and ¥4.007 billion in acquisitions of intangible assets.
  6. FY2024-Q2AdvancedAnnual report

    「The Group has consistently pursued investments with a focus on capital efficiency based on its investment strategy. Funds generated from investing activities amounted to ¥461 million. The main factors were ¥26.872 billion in proceeds from the sale of property, plant and equipment and investment property, primarily utility-scale solar power plants; ¥20 billion in expenditure resulting from an increase in deposits of surplus funds with the parent company; and ¥5.286 billion in expenditure for the acquisition of property, plant and equipment and investment property.」

    Regarding investment focused on asset optimization and capital efficiency, the company recorded ¥5.286 billion in expenditure for the acquisition of fixed assets and other assets, while recognizing ¥26.872 billion in proceeds from the sale of utility-scale solar projects and other assets.
  7. FY2024-Q1ReframedAnnual report

    「Overview of the medium-term management plan “ENEX2030 ‘23-‘24 (2023-2024)”: 1) Positioning: Build a structure for implementing the growth strategy by strengthening frontline capabilities and the earnings base toward achieving the “2030 vision.” 2) Key initiatives: ① Strengthen frontline capabilities ② Evolve the investment execution structure ③ Strengthen the organization and human resources 3) Management targets: ① Net income of ¥13.5 billion (fiscal 2023 and fiscal 2024), ② Adjusted operating cash flow of ¥35 billion per year, ③ ROE of 8–9% (fiscal 2023 and fiscal 2024), ④ Cumulative investment of ¥60 billion, including ¥16 billion in CAPEX.」

    The company has changed the long-term investment framework under ENEX2030 into an execution phase for the initial two years, fiscal 2023–2024, focused on strengthening frontline capabilities and the earnings base, the investment execution structure, and the organization and human resources, with cumulative investment of ¥60 billion, including ¥16 billion in CAPEX.
  8. FY2023ReframedAnnual report

    「During the eight years of the medium-term management plan “ENEX2030,” the company plans to invest ¥210 billion in new and strategic investments and ¥70 billion in capital expenditures and maintenance, for a total investment of ¥280 billion.」

    The company has changed from the investment allocation under SHIFT!2022 to a long-term investment framework for the eight years of ENEX2030, comprising ¥210 billion in new and strategic investments and ¥70 billion in capital expenditures and maintenance.
  9. FY2023-Q3AdvancedAnnual report

    「Cash used in investing activities was ¥9.559 billion. The main factor was ¥9.528 billion in expenditure for the acquisition of property, plant and equipment and investment property.」

    With a focus on capital efficiency, the company used ¥9.559 billion in the first three quarters for investment activities, including the acquisition of property, plant and equipment and investment property.
  10. FY2023-Q2AdvancedAnnual report

    「During the two years of the medium-term management plan “SHIFT!2022,” the company plans to invest ¥30 billion in maintaining and strengthening its important earnings base that generates cash, and ¥30 billion in growth investments in renewable energy, environmental businesses and overseas operations, for a total investment of ¥60 billion. Cash used in investing activities was ¥5.507 billion. The main factor was ¥6.407 billion in expenditure for the acquisition of property, plant and equipment and investment property.」

    The company reaffirmed the ¥60 billion total investment and allocation under SHIFT!2022, and invested ¥5.507 billion in the first two quarters, including in the acquisition of property, plant and equipment and investment property.
  11. FY2023-Q1AdvancedAnnual report

    「During the two years of the medium-term management plan “SHIFT!2022,” the company plans to invest ¥30 billion in maintaining and strengthening its important earnings base that generates cash, and ¥30 billion in growth investments in renewable energy, environmental businesses and overseas operations, for a total investment of ¥60 billion. Cash used in investing activities was ¥3.599 billion.」

    The company reaffirmed the SHIFT!2022 investment plan and invested ¥3.599 billion in the first quarter, including in the acquisition of property, plant and equipment and investment property.
  12. FY2022AdvancedAnnual report

    「During the two years of the medium-term management plan “SHIFT!2022,” the company plans to invest ¥30 billion in maintaining and strengthening its important earnings base that generates cash, and ¥30 billion in growth investments in renewable energy, environmental businesses and overseas operations, for a total investment of ¥60 billion. Cash used in investing activities was ¥19.113 billion.」

    The company reaffirmed the ¥60 billion total investment and allocation under SHIFT!2022, and invested ¥19.113 billion during the fiscal year, including in renewable energy-related projects.
  13. FY2022-Q3AdvancedAnnual report

    「During the two years of the medium-term management plan “SHIFT!2022,” the company plans to invest ¥30 billion in maintaining and strengthening its important earnings base that generates cash, and ¥30 billion in growth investments in renewable energy, environmental businesses and overseas operations, for a total investment of ¥60 billion. Cash used in investing activities was ¥15.17 billion. The main factors were ¥8.397 billion in expenditure for the additional acquisition of interests in silent partnerships established to operate utility-scale solar power plants, and ¥8.899 billion in expenditure for the acquisition of property, plant and equipment and investment property.」

    The company reaffirmed the SHIFT!2022 investment plan and executed specific investments totaling ¥15.17 billion in the first three quarters, including the additional acquisition of interests in utility-scale solar projects.
  14. FY2022-Q1ReframedAnnual report

    「During the two years of the medium-term management plan “SHIFT!2022,” the company plans to invest ¥30 billion in maintaining and strengthening its important earnings base that generates cash, and ¥30 billion in growth investments in renewable energy, environmental businesses and overseas operations, for a total investment of ¥60 billion.」

    While maintaining total investment at ¥60 billion, the company has changed from the previous multiple-category allocation to a two-part structure of ¥30 billion for maintaining and strengthening the earnings base and ¥30 billion for growth investments in renewable energy, environmental businesses and overseas operations.
  15. FY2021AdvancedAnnual report

    「In investment activities, during the two years of fiscal 2021 and fiscal 2022, the company plans to invest ¥30 billion in growth investments such as renewable energy, environmental businesses and overseas operations; ¥10 billion in maintaining its operating base, including digital and IT-related investments and M&A; and ¥20 billion in maintaining its operating base, including LP gas, CS-related equipment renewals, and power generation and heat-supply equipment renewals, for a total planned investment of ¥60 billion.」

    The new medium-term management plan specifies the allocation of ¥60 billion in investment over two years: ¥30 billion for growth investments, ¥10 billion for digital, M&A and other investments, and ¥20 billion for maintaining the existing operating base.
  16. FY2021-Q1SoftenedAnnual report

    「During the two years of fiscal 2019 and fiscal 2020, the company plans to invest ¥17 billion in maintaining and deepening its important earnings base that generates cash, and ¥26 billion in overseas and adjacent fields centered on the power and utilities businesses, as well as new businesses.」

    The investment allocation previously presented as ¥20 billion for the earnings base and ¥40 billion for overseas and adjacent fields and new businesses was revised to ¥17 billion and ¥26 billion, respectively, reducing the total investment plan.
  17. FY2020-Q3AdvancedAnnual report

    「During the two years of fiscal 2019 and fiscal 2020, the company plans to invest ¥20 billion in maintaining and deepening its important earnings base that generates cash, and ¥40 billion in overseas and adjacent fields centered on the power and utilities businesses, as well as new businesses.」

    The company has specified its investment allocation for fiscal 2019–2020 with a focus on capital efficiency: ¥20 billion for maintaining and deepening the earnings base, and ¥40 billion for overseas and adjacent fields and new businesses.
  18. FY2019-Q3RestatedAnnual report

    「① Asset optimization」

    The company has restated Moving2018’s asset optimization policy.
  19. FY2019-Q2AdvancedAnnual report

    「In the tank leasing business, the company is constructing new chemical storage tanks on the site of its former own tanks in Fukuoka, advancing the value chain through the appropriate expansion and operation of its assets.」

    As a specific measure for asset optimization and value-chain enhancement, the company constructed new chemical storage tanks on the site of its former tanks in Fukuoka.
  20. FY2019-Q1RestatedAnnual report

    「① Asset optimization」

    The company has restated Moving2018’s asset optimization policy.
  21. FY2018-Q3RestatedAnnual report

    「① Asset optimization」

    The company has restated Moving2018’s asset optimization policy.
  22. FY2018-Q2RestatedAnnual report

    「① Asset optimization」

    The company has restated Moving2018’s asset optimization policy.
  23. FY2018-Q1RestatedAnnual report

    「① Asset optimization」

    The company has restated Moving2018’s asset optimization policy of “connecting to future growth.”
  24. FY2017First statedAnnual report

    「① Asset optimization: Accelerate asset rotation based on profitability and growth」

    Accelerating asset rotation based on profitability and growth is a basic policy of Moving2018.
Moved together

"Withdrawal from Unprofitable and Aging Car-Life Stations" moved the same way as this thread, in the same document, in 13 of its 26 moves.

1397765★123456
  1. ★This thread
  2. 1Withdrawal from Unprofitable and Aging Car-Life Stations13×
  3. 2Expansion of the Direct-Sales Customer Base for LP Gas9×
  4. 3Moving 2020 Net Income, ROE, Payout Ratio and Investment Targets7×
  5. 4Launch of the household electricity retail service “e Koto Denki!”7×
  6. 5Impact of Reduced Economic Activity and Demand Due to COVID-196×
  7. 6Profit or loss volatility caused by volatility in the wholesale electricity market5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Itochu Enex's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-08-06: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Asset Optimization Focused on Profitability and Growth | ITOCHU ENEX CO.,LTD. (8133) | Komori