Store Expansion, M&A, IT and Human Resources Investment Funded by Retained Earnings
First written in FY2016. 11 of 21 entries say "Advanced", first in FY2018. Latest entry: 2026-10-13.
- 2026-10-13AdvancedResults briefing materials
「合計 5,814 3,753 5,980 13,088」
設備投資を当中間期に5,980百万円実施し、2027年2月期の計画額は13,088百万円としている。 - FY2027-H1Free cash flow: break-evenAnnual report
「Free cash flow during the current interim consolidated accounting period was ¥0 million, compared with an inflow of ¥1,086 million in the same period of the previous year.」
Free cash flow decreased from the ¥1,086 million inflow in the same period of the previous year to ¥0 million in the current interim period. The company spent ¥543.6 million on the acquisition of property, plant and equipment. - 2026-07-10AdvancedResults briefing materials
「Total 2,479 2,098 2,435 13,088」
Capital investment in the first quarter of the fiscal year ending February 2027 was ¥2.435 billion, against a full-year plan of ¥13.088 billion. - FY2026AdvancedAnnual report
「During the consolidated fiscal year, the Group invested ¥1.593 billion in new stores and ¥1.960 billion in revitalizing existing stores, while also proceeding with the installation of electronic shelf labels, self-checkout registers and other equipment at other existing stores and facilities. The total amounted to ¥7.382 billion, before adjustment for accounts payable.」
The Group made total capital expenditures of ¥7.382 billion on new stores, existing-store revitalization, electronic shelf labels, self-checkout registers and other equipment. Free cash flow was ¥13.018 billion, turning positive from negative ¥1.104 billion in the previous year. - 2026-04-24OtherGeneral Meetings of Shareholders
「During the consolidated fiscal year, the Group invested ¥1.593 billion in new stores and ¥1.960 billion in the revitalization of existing stores, while also proceeding with the introduction of equipment such as electronic shelf labels and self-checkout counters at other existing stores.」
The disclosure records investment in new stores, existing-store revitalization, electronic shelf labels and self-checkout counters. - FY2026-H1Free cash flow increasedAnnual report
「Free cash flow generated during the interim consolidated accounting period was ¥10.860 billion, compared with ¥3.433 billion in the same period of the previous year.」
Free cash flow for the interim period increased from ¥3.433 billion in the same period of the previous year to ¥10.860 billion, improving from the previous year's negative figure resulting from proactive investment. - FY2025Free cash flow turned negativeAnnual report
「As a result of proactive investment to accelerate growth, free cash flow was negative ¥1.104 billion during the consolidated fiscal year,」
The Group made total capital expenditures of ¥10.637 billion, including ¥2.522 billion for new stores and ¥2.197 billion for revitalizing existing stores. As a result of this proactive investment, free cash flow was negative ¥1.104 billion. - FY2025-H1Decrease in free cash flowAnnual report
「Free cash flow generated during the interim consolidated accounting period was ¥3.433 billion, compared with ¥8.848 billion in the same period of the previous year.」
Free cash flow for the interim consolidated accounting period was ¥3.433 billion, down from ¥8.848 billion in the same period of the previous year. Meanwhile, ¥5.097 billion was spent on the acquisition of property, plant and equipment. - FY2024-Q2Free cash flow increasedAnnual report
「Free cash flow generated during the cumulative second quarter period was ¥8.848 billion, compared with ¥2.999 billion in the same period of the previous year.」
Free cash flow for the cumulative second quarter period was ¥8.848 billion, up from ¥2.999 billion in the same period of the previous year. In investing activities, ¥2.259 billion was spent on the acquisition of property, plant and equipment. - FY2023AdvancedAnnual report
「The Group invested ¥802 million in new stores, ¥1.818 billion in revitalizing existing stores and ¥1.752 billion in acquiring business sites, among other investments, bringing the total to ¥6.804 billion, before adjustment for accounts payable.」
Total investment in new stores, existing-store revitalization and business-site acquisitions increased to ¥6.804 billion. Free cash flow was ¥3.352 billion. - FY2023-Q2Free cash flow increasedAnnual report
「Free cash flow generated during the cumulative second quarter period was ¥2.999 billion, compared with ¥450 million in the same period of the previous year.」
Free cash flow for the cumulative second quarter period was ¥2.999 billion, up from ¥450 million in the same period of the previous year. Meanwhile, ¥4.485 billion was spent on the acquisition of property, plant and equipment. - FY2022AdvancedAnnual report
「During the consolidated fiscal year, the Group invested ¥2.473 billion in new stores and ¥3.625 billion in existing stores and other facilities, bringing total capital expenditures and related investments to ¥6.098 billion, before adjustment for accounts payable.」
Total capital expenditures on new stores, existing stores and other facilities reached ¥6.098 billion, up from ¥6.021 billion in the previous year. - FY2022-Q2Decrease in free cash flowAnnual report
「Free cash flow generated during the six-month period of the second quarter of the consolidated fiscal year was ¥450 million, compared with ¥11,305 million in the same period of the previous year.」
Free cash flow for the cumulative second quarter period was ¥450 million, down from ¥11.305 billion in the same period of the previous year. Meanwhile, ¥2.324 billion was spent on the acquisition of property, plant and equipment. - FY2021AdvancedAnnual report
「During the consolidated fiscal year under review, the Group invested ¥2,669 million in new stores and ¥3,351 million in existing stores and other projects, bringing total capital expenditures and other investments by the Group to ¥6,021 million, before adjustment for unpaid amounts.」
We made total capital expenditures of ¥6,021 million on new stores, existing stores, and other projects, advancing the allocation of funds to store expansion and strengthening the store base. - FY2021-Q2AdvancedAnnual report
「Free cash flow generated during the six-month period of the second quarter of the consolidated fiscal year was ¥11,305 million, compared with ¥6,244 million in the same period of the previous year.」
Free cash flow for the six-month period of the second quarter was ¥11,305 million, up from ¥6,244 million in the same period of the previous year. - FY2020AdvancedAnnual report
「During the consolidated fiscal year under review, the Group invested ¥1,479 million in new stores and ¥2,127 million in existing stores and other projects. Including these items, total capital expenditures and other investments by the Group amounted to ¥3,606 million, before adjustment for unpaid amounts.」
We invested a total of ¥3,606 million in new stores, existing stores, and other projects, allocating internal funds and free cash flow to store expansion and strengthening the store base. - FY2020-Q2AdvancedAnnual report
「Free cash flow generated during the six-month period of the second quarter of the consolidated fiscal year was ¥6,244 million, compared with ¥3,837 million in the same period of the previous year.」
Free cash flow for the six-month period of the second quarter was ¥6,244 million, while ¥1,006 million was spent on the acquisition of property, plant and equipment in investing activities. - FY2019AdvancedAnnual report
「The Group generated free cash flow of ¥1,852 million during the consolidated fiscal year under review. Cash and cash equivalents at the end of the consolidated fiscal year increased by ¥893 million from the end of the previous consolidated fiscal year, and cumulative free cash flow after shareholder returns reached ¥16,996 million.」
We invested a total of ¥3,969 million in 10 new stores, 2 stores in China, renovations, and other projects, using internal funds and free cash flow for growth investment. - FY2018AdvancedAnnual report
「During the consolidated fiscal year under review, the Group invested primarily ¥2,205 million in new stores and ¥357 million in format conversions and renovations. Including these items, total capital expenditures and other investments by the Group amounted to ¥3,437 million. These investments were funded with internal funds.」
In line with our policy of using retained earnings and other funds for growth investment, we made ¥3,437 million in capital expenditures, including new stores, format conversions, and renovations, funded with internal resources. - FY2017RestatedAnnual report
「Our policy is to use retained earnings to expand the scale of the business through investments in new stores and M&A, as well as to invest in strengthening our business base through improvements in IT-related capabilities and employee development.」
We continue to identify investments in new stores, M&A, IT, and employee development as uses of retained earnings. - FY2016First statedAnnual report
「Our policy is to use retained earnings to expand the scale of the business through investments in new stores and M&A, as well as to invest in strengthening our business base through improvements in IT-related capabilities and employee development.」
Alongside shareholder returns, we identified store expansion, M&A, IT, and human capital as areas for growth investment.