Use of Retained Earnings for Repayment of Interest-Bearing Debt and Capital Investment
First written in FY2016. 10 of 11 entries say "Restated". Latest entry: FY2024.
- FY2024RestatedAnnual report
「Retained earnings will be used primarily to repay interest-bearing debt and to prepare for funding requirements, including capital investment within the Group.」
The policy of using retained earnings for interest-bearing debt repayment and capital investment was reiterated. - FY2023RestatedAnnual report
「Retained earnings will be used primarily to repay interest-bearing debt and to prepare for funding requirements, including capital investment within the Group.」
The policy of using retained earnings for interest-bearing debt repayment and capital investment was reiterated. - FY2021-Q1RestatedAnnual report
「Because the Group receives daily cash inflows primarily from its railway and retail businesses, it has secured sufficient liquidity. Group companies do not raise funds externally from banks or other sources, and the Group seeks to centralize fund management, improve funding efficiency and secure liquidity through the cash management system (CMS) operated via 相鉄ビジネスサービス㈱.」
The policy of centralizing Group-company funds, improving funding efficiency and securing liquidity through the CMS was reiterated. - FY2020-Q3RestatedAnnual report
「Because the Group receives daily cash inflows primarily from its railway and retail businesses, it has secured sufficient liquidity and uses these funds effectively within the Group through centralized management under its cash management system (CMS).」
The centralized management and effective use of Group funds through the CMS was reiterated. - FY2020-Q2RestatedAnnual report
「Because the Group receives daily cash inflows primarily from its railway and retail businesses, it has secured sufficient liquidity and uses these funds effectively within the Group through centralized management under its cash management system (CMS).」
The centralized management and effective use of Group funds through the CMS was reiterated. - FY2020-Q1RestatedAnnual report
「Because the Group receives daily cash inflows primarily from its railway and retail businesses, it has secured sufficient liquidity and uses these funds effectively within the Group through centralized management under its cash management system (CMS).」
The centralized management and effective use of Group funds through the CMS continued. - FY2019RestatedAnnual report
「Retained earnings will be used primarily to repay interest-bearing debt and to prepare for funding requirements, including capital investment within the Group, and this is expected to help secure future profits while contributing to stable dividends over the long term.」
The policy of using retained earnings for interest-bearing debt repayment and capital investment was reiterated. - FY2019-Q3RestatedAnnual report
「Because the Group receives daily cash inflows primarily from its railway and retail businesses, it has secured sufficient liquidity and uses these funds effectively within the Group through centralized management under its cash management system (CMS).」
The centralized management and effective use of Group funds through the CMS continued. - FY2019-Q2RestatedAnnual report
「Because the Group receives daily cash inflows primarily from its railway and retail businesses, it has secured sufficient liquidity and uses these funds effectively within the Group through centralized management under its cash management system (CMS).」
The centralized management and effective use of Group funds through the CMS continued. - FY2017RestatedAnnual report
「Retained earnings will be used primarily to repay interest-bearing debt and to prepare for funding requirements, including capital investment within the Group, and this is expected to help secure future profits while contributing to stable dividends over the long term.」
The policy of using retained earnings for interest-bearing debt repayment and capital investment was reiterated. - FY2016First statedAnnual report
「Retained earnings will be used primarily to repay interest-bearing debt and to prepare for funding requirements, including capital investment within the Group.」
The Company indicated that retained earnings would be used for debt repayment and capital investment alongside stable dividends.