Use of retained earnings for margin-trading loans and growth investment
First written in FY2020. 13 of 15 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 3 of 23 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We will allocate the cash and deposits held by the Company appropriately for business operations, growth investment, shareholder returns, and other purposes, from the perspective of maintaining financial soundness and enhancing corporate value.」
We continue our policy of appropriately allocating cash and deposits to business operations, growth investment, shareholder returns, and other purposes. Our dividend policy also states that retained earnings may be used to fund margin-trading loans and prepare for future business development. - FY2024RestatedAnnual report
「We will allocate the cash and deposits held by the Company appropriately for business operations, growth investment, shareholder returns, and other purposes, from the perspective of maintaining financial soundness and enhancing corporate value.」
We continue our policy of appropriately allocating cash and deposits to business operations, growth investment, and shareholder returns. - FY2024-Q3RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We continue our policy of using retained earnings to fund margin-trading loans and growth investment, including systems investments. - FY2024-Q2RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and continued to identify systems investments as a specific example of growth investment. - FY2023ReframedAnnual report
「We will allocate the cash and deposits held by the Company appropriately for business operations, growth investment, shareholder returns, and other purposes, from the perspective of maintaining financial soundness and enhancing corporate value.」
We reorganized the explanation of the uses of retained earnings, shifting from a focus on funding margin-trading loans and growth investment to the appropriate allocation of cash and deposits, including business operations, growth investment, and shareholder returns. - FY2023-Q3RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and continued to identify systems investments as a specific example of growth investment. - FY2023-Q2RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and continued to identify systems investments as a specific example of growth investment. - FY2023-Q1RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and continued to identify systems investments as a specific example of growth investment. - FY2022RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and continued to identify systems investments as a specific example. - FY2022-Q2RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and describe systems investments as a specific example of growth investment. - FY2022-Q1RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and describe systems investments as a specific example of growth investment. - FY2021RestatedAnnual report
「We are also making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We maintain our policy of using retained earnings to fund margin-trading loans and growth investment, and describe systems investments as a specific example of growth investment. - FY2021-Q3RestatedAnnual report
「We are making systems investments to improve customer convenience and operating efficiency, among other purposes, and require funds to continue making these growth investments. If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We continue to state our policy of using retained earnings to fund margin-trading loans and growth investment, and describe systems investments as a specific example of growth investment. - FY2021-Q1RestatedAnnual report
「If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We continue to state our policy of using retained earnings that increase after shareholder returns to fund margin-trading loans and growth investment. - FY2020First statedAnnual report
「If retained earnings increase after shareholder returns, we will use them effectively to fund margin-trading loans and growth investment.」
We identified funding for margin-trading loans and growth investment for the first time as uses of retained earnings that increase after shareholder returns, including dividends.