A balanced capital structure combining financial soundness and flexibility with capital efficiency
First written in FY2016. 6 of 10 entries say "Restated". Latest entry: 2026-08-19.
The whole theme swung hardest in 2020: 3 of 27 companies on the "Worse" side.
1 other company's latest entry also says "Cited as achieved".
- 2026-08-19Cited as achievedOther Disclosures
「The JPX-Nikkei Index 400 has been selected for the second consecutive year, and the JPX-Nikkei Mid and Small Cap Index for the tenth consecutive year.」
Continued inclusion in stock indexes that evaluate efficient use of capital and management focused on investors was presented as a result related to the company's capital management and enterprise value enhancement policies. - FY2023RaisedAnnual report
「Strengthening funding capabilities for financial strategy, capital policy and sustainable growth; maintaining capital efficiency above the cost of capital; and continuing balance-sheet management」
In addition to the previous policy of balancing financial soundness and flexibility with capital efficiency, the new medium-term plan explicitly established maintaining capital efficiency above the cost of capital and continuing balance-sheet management as basic policies. - FY2020-Q3RestatedAnnual report
「Although the timing of the end of the COVID-19 pandemic remains unforeseeable in the current business environment, we will continue to expand purchasing activities toward future growth and pursue a recovery in the trading business while securing cash on hand and financial soundness.」
Amid an environment in which the timing of the end of the pandemic remains unforeseeable, the financial and business policy of expanding purchasing activities and recovering the trading business while securing cash on hand and financial soundness was reaffirmed. - FY2020-Q2RestatedAnnual report
「We expect the real estate investment market to remain in an adjustment phase. We will cover selling, general and administrative expenses with cash flow from stable businesses such as real estate leasing and real estate funds and consulting, pursue a recovery in the trading business while securing cash on hand and financial soundness.」
The financial policy of covering fixed costs with cash flow from stable businesses and pursuing a recovery in the trading business while securing cash on hand and financial soundness has been reaffirmed amid an adjustment phase in the investment market. - FY2018RestatedAnnual report
「The group aims to maintain financial soundness and flexibility for future business investment while achieving a balanced capital structure and capital efficiency.」
The capital management policy emphasizing a balance between funding capacity for business investment, financial soundness and flexibility, and capital efficiency is reiterated. - FY2018-Q3RestatedAnnual report
「On the financial front, to support the expansion of the business scale, we will strengthen our funding capabilities, including by extending borrowing maturities, pursue effective investment, and maintain a sound financial position.」
The policies of strengthening funding capabilities, including extending borrowing maturities, maintaining a sound financial position, and pursuing effective investment are reiterated. - FY2018-Q2RestatedAnnual report
「On the financial front, to support the expansion of the business scale, we will strengthen our funding capabilities, including by extending borrowing maturities, pursue effective investment, and maintain a sound financial position.」
The policies of strengthening funding capabilities, including extending borrowing maturities, maintaining a sound financial position, and pursuing effective investment are reiterated. - FY2018-Q1RestatedAnnual report
「On the financial front, to support the expansion of the business scale, we will strengthen our funding capabilities, including by extending borrowing maturities, pursue effective investment, and maintain a sound financial position.」
The policies of strengthening funding capabilities, including extending borrowing maturities, maintaining a sound financial position, and pursuing effective investment are reiterated. - FY2017RaisedAnnual report
「On the financial front, to support the expansion of the business scale, we will strengthen our funding capabilities, including by extending borrowing maturities, pursue effective investment, and maintain a sound financial position.」
The policy of balancing financial soundness and flexibility with capital efficiency was supplemented by strengthening funding capabilities, including extending borrowing maturities, and pursuing effective investment. - FY2016First statedAnnual report
「The group recognizes the need to secure sufficient funding capacity to make agile investments that support sustainable growth. Accordingly, the group aims to maintain financial soundness and flexibility for future business investment while achieving a balanced capital structure and capital efficiency.」
The capital management policy emphasizes a balance between funding capacity for business investment, financial soundness and flexibility, and capital efficiency.