Improving our financial position by expanding investment assets and reducing our equity contribution ratio
First written in FY2017. 14 of 24 entries say "Advanced", first in FY2018. Latest entry: 2026-05-29.
The whole theme swung hardest in 2024: 3 of 34 companies on the "Worse" side.
11 other companies' latest entry also says "Advanced".
- 2026-05-29AdvancedGeneral Meetings of Shareholders
「Through the establishment of KIC HD as a subsidiary, we aim to acquire data-center projects and development expertise in our priority investment field, while leveraging JAIC AM's licenses to expand stable asset-management revenue and strengthen our fundraising capabilities.」
The policy of expanding investment assets using external funding and strengthening the earnings base became specific through the establishment of KIC HD as a subsidiary and the use of JAIC AM. - FY2025AdvancedAnnual report
「When making investments, we use external funding obtained through fund formation and debt financing. By consistently using external funding for investments and reducing the burden on our own funds, we aim to increase stable fee income from funds and investment assets, while pursuing earnings upside through carried interest from investment returns, thereby stabilizing and expanding earnings while strengthening our financial base.」
The policy of combining the use of external funding, limiting the burden on our own funds, and expanding fee income and carried interest was given concrete form alongside financing results such as the ¥998 million FY2025 third-party allotment. - FY2025-H1ReframedAnnual report
「When making investments, we use external funding obtained through fund formation and debt financing. By consistently using external funding for investments and reducing the burden on our own funds, we aim to increase stable fee income from funds and investment assets, while pursuing earnings upside through carried interest from investment returns, thereby stabilizing and expanding earnings while strengthening our financial base.」
The strategy was reorganized around expanding investment assets and limiting the burden on our own funds through the use of external funding, including fund formation and debt financing, and through the expansion of fee income and carried interest. - FY2024-Q3SoftenedAnnual report
「As a result, the investment balance declined from the end of the previous consolidated fiscal year to 56 investments totaling ¥6,968 million, compared with 50 investments totaling ¥7,123 million at the end of the previous consolidated fiscal year.」
The project investment balance declined from ¥7,123 million to ¥6,968 million, indicating a setback in the buildup of investment assets. - FY2024-Q2SoftenedAnnual report
「As a result, the investment balance declined from the end of the previous consolidated fiscal year to 55 investments totaling ¥6,980 million, compared with 50 investments totaling ¥7,123 million at the end of the previous consolidated fiscal year.」
The project investment balance declined from ¥7,123 million to ¥6,980 million, indicating a setback this quarter from the direction of building up investment assets. - FY2024-Q1SoftenedAnnual report
「As a result, the investment balance declined from the end of the previous consolidated fiscal year to 51 investments totaling ¥6,854 million, compared with 50 investments totaling ¥7,123 million at the end of the previous consolidated fiscal year.」
The project investment balance declined from ¥7,123 million to ¥6,854 million, indicating a setback this quarter from the direction of building up investment assets. - FY2023-Q3AdvancedAnnual report
「As a result, the investment and financing balance increased from the end of the previous consolidated fiscal year to 50 investments totaling ¥6,584 million, compared with 43 investments totaling ¥6,344 million at the end of the previous consolidated fiscal year.」
The project investment and financing balance increased from ¥6,344 million to ¥6,584 million, indicating progress this quarter in building up investment assets. - FY2023-Q2SoftenedAnnual report
「As a result, the investment balance decreased from the end of the previous consolidated fiscal year to 44 projects totaling ¥6,191 million, compared with 43 projects totaling ¥6,344 million at the end of the previous consolidated fiscal year.」
The project investment balance declined from ¥6,344 million to ¥6,191 million, indicating a setback this quarter from the direction of building up investment assets to improve the financial position. - FY2023-Q1SoftenedAnnual report
「As a result, the investment balance decreased from the end of the previous consolidated fiscal year to 42 projects totaling ¥5,879 million, compared with 43 projects totaling ¥6,344 million at the end of the previous consolidated fiscal year.」
The project investment balance decreased from ¥6,344 million to ¥5,879 million, representing a retreat during the quarter from the direction of building up investment assets. - FY2022-Q3AdvancedAnnual report
「As a result, the investment balance increased from the end of the previous consolidated fiscal year to 40 projects totaling ¥6,787 million, compared with 33 projects totaling ¥6,088 million at the end of the previous consolidated fiscal year.」
The project investment balance increased from ¥6,088 million to ¥6,787 million. Project finance and corporate bonds declined through repayments, while investment asset accumulation and debt repayment proceeded concurrently. - FY2022-Q2AdvancedAnnual report
「As a result, the investment balance increased from the end of the previous consolidated fiscal year to 37 projects totaling ¥6,986 million, compared with 33 projects totaling ¥6,088 million at the end of the previous consolidated fiscal year.」
The project investment balance increased from ¥6,088 million to ¥6,986 million. The Company has reaffirmed its policy of expanding investments by combining project finance and corporate bonds while improving profitability without undermining financial soundness. - FY2022-Q1AdvancedAnnual report
「Project investments and loans totaled 4 transactions and ¥142 million, down 57.9% from the same period of the previous year. As a result, the investment balance increased from the end of the previous consolidated fiscal year to 34 projects totaling ¥6,208 million, compared with 33 projects totaling ¥6,088 million at the end of the previous consolidated fiscal year.」
Although investment and loan execution decreased, the project investment balance increased from ¥6,088 million to ¥6,208 million. - FY2021SoftenedAnnual report
「The balance of project assets was ¥5.3 billion, below the target of ¥9 billion. The balance of cash and deposits plus project investment assets exceeded borrowings by ¥2.1 billion, compared with the target excess of more than ¥5.6 billion.」
The balance of project assets and the excess of cash and deposits plus project investment assets over borrowings fell short of the targets in the previous medium-term management plan. - FY2021-Q3SoftenedAnnual report
「Project investments totaled 6 transactions and ¥515 million, down 73.6% from the same period of the previous year. Investment in mega-solar projects declined from the same period of the previous year. As a result, the investment balance decreased from the end of the previous consolidated fiscal year to 31 projects totaling ¥5,534 million, compared with 32 projects totaling ¥6,696 million at the end of the previous consolidated fiscal year.」
Project investment execution fell 73.6% year on year, and the investment balance decreased from ¥6,696 million to ¥5,534 million. - FY2021-Q2SoftenedAnnual report
「As a result, the investment balance decreased from the end of the previous consolidated fiscal year to 31 projects totaling ¥6,000 million, compared with 32 projects totaling ¥6,696 million at the end of the previous consolidated fiscal year.」
The project investment balance decreased from ¥6,696 million to ¥6,000 million, and the buildup of investment assets retreated during the quarter. - FY2021-Q1AdvancedAnnual report
「As a result, the investment balance increased from the end of the previous consolidated fiscal year to 32 projects totaling ¥6,951 million, compared with 32 projects totaling ¥6,696 million at the end of the previous consolidated fiscal year. The Company will continue to increase leveraged investment in diverse projects, including renewable energy projects operated by the Group, by expanding financing through project finance and other means, thereby improving profitability without undermining financial soundness.」
The project investment balance increased from ¥6,696 million to ¥6,951 million, and the Company continues its policy of expanding investments through project finance and other means while maintaining financial soundness. - FY2020-Q3AdvancedAnnual report
「As a result, the investment balance increased from the end of the previous consolidated fiscal year to 32 projects totaling ¥6,191 million, compared with 26 projects totaling ¥5,514 million at the end of the previous consolidated fiscal year.」
The project investment balance increased by ¥677 million from the end of the previous fiscal year. The Company continues its policy of expanding financing through project finance and other means and investing without undermining financial soundness. - FY2020-Q2AdvancedAnnual report
「Because the window for investing in highly profitable renewable energy projects is limited while fixed electricity purchase prices are declining, we will continue to prioritize and actively promote investment in mega-solar projects, building up unrealized gains, or future stable earnings.」
Recognizing that the window for investing in highly profitable projects is limited, the Company prioritized mega-solar investments and increased the project investment balance from ¥5,514 million to ¥6,418 million. - FY2020-Q1AdvancedAnnual report
「Going forward, we will continue to invest actively in projects and build up the balance of investment assets. Accordingly, the balance of project finance is also expected to increase as the business progresses.」
The project investment balance increased from ¥5,514 million at the end of the previous fiscal year to ¥5,923 million. The policy of building up assets using project finance continues. - FY2019AdvancedAnnual report
「The balance of project investment assets will increase from ¥5.5 billion at the end of the fiscal year ending March 2019 to ¥9 billion by the end of March 2021. As a result, unrealized gains on project investment assets will expand from ¥7 billion at the end of the fiscal year ending March 2019 to ¥20 billion.」
The Company presented KPIs to increase project investment assets from ¥5.5 billion to ¥9 billion by the end of March 2021 and expand unrealized gains from ¥7 billion to ¥20 billion. - FY2019-Q3AdvancedAnnual report
「Project investments totaled 8 transactions and ¥2,683 million, an increase from the same period of the previous year of 20.5%. As a result, the investment balance increased from the end of the previous consolidated fiscal year to ¥4,836 million, compared with ¥3,582 million at the end of the previous consolidated fiscal year.」
The Company executed 8 project investments totaling ¥2,683 million, increasing the investment balance from ¥3,582 million to ¥4,836 million. - FY2019-Q2AdvancedAnnual report
「In project investments, we are expanding stable earnings by continuing to invest actively while limiting asset sales and building up the investment balance.」
In project investments, the Company continued to invest while limiting sales, and the investment balance increased from ¥3,582 million at the end of the previous fiscal year to ¥4,672 million. - FY2018AdvancedAnnual report
「We aim to actively promote project investments over 3 years and increase the balance of project investment assets to ¥9 billion under the former consolidation standard (Note). As a result, the projected borrowing balance of ¥7 billion after 3 years will be balanced within the balance of project investment assets.」
The plan to improve financial strength by expanding investment assets while limiting the Company's investment ratio has progressed into specific targets of ¥9 billion in project investment assets and ¥7 billion in borrowings over 3 years. - FY2017First statedAnnual report
「By establishing funds, we aim to expand the scale of investment assets in the private equity business while reducing the Company's investment ratio in the funds, thereby keeping the balance of assets in our private equity business within the scope of net assets. As a result, cash and deposits, renewable energy investment assets and new-business assets, which are more liquid than private equity investments, will correspond to borrowings, improving our financial position.」
The Company stated for the first time its financial plan to expand investment assets through funds while reducing its investment ratio and keeping PE assets within the scope of net assets.