Strengthening Financial Resilience and Reinvesting in Next-Generation Tugboats and Growth Areas
First written in FY2016. 6 of 11 entries say "Restated". Latest entry: FY2026.
13 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Cash flow from investing activities for the consolidated fiscal year amounted to an outflow of ¥1,972 million, an increase in expenditure of ¥2,608 million from the previous consolidated fiscal year. The main components of cash flows were proceeds of ¥8,459 million from the sale of tangible fixed assets, including land, buildings and vessels; expenditure of ¥1,825 million for the acquisition of tangible fixed assets, including the purchase and replacement of tugboats and facility upgrades, as well as the construction of a crew transfer vessel (CTV) for offshore wind power generation; and expenditure of ¥2,621 million for the additional acquisition of shares in an equity-method affiliate.」
The Company recovered ¥8,459 million from the sale of land, buildings and vessels and reallocated the funds to additional investments in tugboats, CTVs and equity-method affiliates. The asset swap intended to secure funds for growth investments and group reorganization has entered the implementation phase. - FY2025AdvancedAnnual report
「The purpose is to secure investment funds to implement our future growth strategy, including vessel businesses related to offshore wind power generation in Japan and overseas and tugboat-related businesses, and to reorganize the businesses of group companies.」
The Company signed an agreement to transfer its owned real estate, giving concrete shape to an asset swap to secure funds for growth investments in vessel businesses related to offshore wind power generation, tugboat-related businesses and other areas. A gain on disposal of approximately ¥7.5 billion is expected. - FY2025-H1AdvancedAnnual report
「To fund large-scale investments under our future growth strategy, including offshore wind-related businesses, we will sell part of our holdings in shares of affiliates and investment securities. Gain on sale of shares in affiliates: approximately ¥200 million (forecast); gain on sale of investment securities: approximately ¥2.0 billion (forecast); by the end of November 2024」
The Company decided to sell part of its shares in affiliates and investment securities to secure funds for large-scale investments in offshore wind-related businesses and other areas. It also disclosed the planned timing of the sales and estimated gains, making the reallocation of funds to growth areas more concrete. - FY2024RestatedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, invest in new businesses in growth areas, and meet funding needs related to subsidiaries and other purposes.」
The Company reconfirmed its policy of allocating retained earnings to strengthening its financial base, advanced tugboats, investment in growth areas, and funding needs related to subsidiaries. - FY2023RestatedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, invest in new businesses in growth areas, and meet funding needs related to subsidiaries and other purposes.」
The Company reconfirmed its policy of allocating retained earnings to strengthening its financial base, advanced tugboats, investment in growth areas, and funding needs related to subsidiaries. - FY2021ReframedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, invest in new businesses in growth areas, and meet funding needs related to subsidiaries and other purposes.」
The Company explicitly identified funding needs related to subsidiaries as an additional use of retained earnings, alongside the existing uses of strengthening its financial base, advanced tugboats, and investment in growth areas. - FY2020RestatedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, and invest in new businesses and other initiatives in growth areas.」
The Company reconfirmed its policy of allocating retained earnings to strengthening its financial base, advanced tugboats, and investment in new businesses in growth areas. - FY2019RestatedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, and invest in new businesses and other initiatives in growth areas.」
The Company restated its policy of allocating retained earnings to strengthening its financial base, developing and building advanced tugboats, and investing in new businesses in growth areas. - FY2018RestatedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, and invest in new businesses in growth areas.」
The Company restated its policy of allocating retained earnings to strengthening its financial base, developing and building advanced tugboats, and investing in new businesses in growth areas. - FY2017RestatedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, and invest in new businesses in growth areas.」
The Company restated its policy of allocating retained earnings to strengthening its financial base, advanced tugboats, and investment in new businesses in growth areas. - FY2016First statedAnnual report
「We intend to use retained earnings to strengthen our financial base so that it can withstand interest-rate fluctuations, develop and build advanced tugboats to strengthen our long-term competitiveness, and invest in new businesses in growth areas.」
The Company indicated that retained earnings would be allocated to strengthening financial resilience, developing and building advanced tugboats, and investing in new businesses in growth areas.