Allocation of Investment Funds to the Hydropower Generation Business
First written in FY2016. 1 of 3 entries say "Softened", first in FY2017-Q1. Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017RestatedAnnual report
「As of 22 December 2016, the Company's investment under the agreement was ¥7.2 million. ... The planned spending period for the funds raised through these Stock Acquisition Rights was changed to May 2014–December 2019.」
Against the ¥300 million commitment to the small and medium-sized hydroelectric power generation fund, the actual investment remained at ¥7.2 million, and the Company continues to disclose a plan to spend the funds by December 2019. - FY2017-Q1SoftenedAnnual report
「The Company subsequently entered into a partnership agreement committing to invest ¥300 million in a fund investing in small and medium-sized hydroelectric power plants. As of 22 December 2016, the Company's actual investment under the agreement was ¥7.2 million. Although the fund was making steady progress in securing investment opportunities for its hydroelectric power generation business, it was expected to take some time to reach the committed investment amount. Accordingly, the Company changed the planned spending period for the funds raised through these Stock Acquisition Rights to May 2014–December 2019.」
As of 22 December 2016, the actual investment against the ¥300 million commitment was only ¥7.2 million. Because it would take time to reach the committed amount, the planned spending period was extended through December 2019. - FY2016First statedAnnual report
「③ Funds for the hydroelectric power generation business 300 May 2014–December 2019」
The Company changed its plan for its investment in a fund targeting small and medium-sized hydroelectric power plants so that the ¥300 million in funds raised would be spent by December 2019.