Generating at least ¥500 billion in stable free cash flow annually
First written in FY2020. 9 of 22 entries say "Advanced", first in FY2021. Latest entry: 2026-08-04.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026-H1AdvancedAnnual report
「Primary free cash flow for the current interim consolidated accounting period was an inflow of ¥360.1 billion, an increase of ¥4.9 billion in inflows year on year.」
Primary free cash flow, which measures the ongoing cash-generation capacity of existing businesses, was an inflow of ¥360.1 billion for the interim period, up ¥4.9 billion from the same period of the previous year. - FY2025AdvancedAnnual report
「Primary free cash flow for the current period was an inflow of ¥603.3 billion, a decrease of ¥4.3 billion in inflows from the previous period.」
The company disclosed primary free cash flow, which separates out long-term growth investments such as AI computing infrastructure, as an inflow of ¥603.3 billion, continuing its indicator framework for measuring the cash-generation capacity of existing businesses. - FY2025-H1ReframedAnnual report
「Primary free cash flow for the current interim consolidated accounting period was an inflow of ¥355.2 billion, an increase of ¥104.7 billion in inflows year on year. Primary free cash flow is an indicator calculated by excluding strategic investments that contribute to medium- to long-term growth, such as the construction of AI computing infrastructure, from adjusted free cash flow, excluding the LY Corporation group, PayPay and other entities. We consider it a useful indicator for assessing the ongoing cash-generation capacity of existing businesses operated by the company and its wholly owned subsidiaries, namely their ability to repay debt and pay dividends.」
In addition to conventional adjusted free cash flow, the company organised its indicator framework around adjusted free cash flow excluding the LY Corporation group, PayPay and other entities, and primary free cash flow excluding strategic investments such as AI computing infrastructure. Primary free cash flow for the interim period was an inflow of ¥355.2 billion. - FY2024Adjusted free cash flow fell sharply but remained an inflowAnnual report
「Adjusted free cash flow for the current period was an inflow of ¥390.0 billion. It decreased by ¥630.6 billion from the previous period.」
Adjusted free cash flow fell sharply from ¥1,020.6 billion in the previous period to ¥390.0 billion, but remained an inflow. The increase in investing cash outflows was cited as the main factor. - FY2024-Q3Adjusted free cash flow fell sharply but remained an inflowAnnual report
「Adjusted free cash flow for the cumulative third quarter of the current consolidated fiscal year was an inflow of ¥356.7 billion. The inflow decreased by ¥750.5 billion year on year.」
Adjusted free cash flow fell sharply from ¥1,107.2 billion in the same period of the previous year to ¥356.7 billion, but remained an inflow. Higher investing outflows and lower operating cash inflows were cited as factors. - FY2024-Q2Adjusted free cash flow recovered from an outflow to an inflowAnnual report
「Adjusted free cash flow for the cumulative second quarter of the current consolidated fiscal year was an inflow of ¥103.7 billion. It decreased by ¥239.6 billion year on year.」
Adjusted free cash flow decreased from an inflow of ¥343.4 billion in the same period of the previous year to ¥103.7 billion, but returned to an inflow from an outflow of ¥46.2 billion in the previous quarter. - FY2024-Q1Adjusted free cash flow turned into an outflowAnnual report
「Adjusted free cash flow for the cumulative first quarter of the current consolidated fiscal year was an outflow of ¥46.2 billion. It decreased by ¥120.9 billion year on year.」
Adjusted free cash flow changed from an inflow of ¥74.7 billion in the same period of the previous year to an outflow of ¥46.2 billion. Lower operating cash inflows and higher investing cash outflows were cited as factors. - FY2023AdvancedAnnual report
「Adjusted free cash flow for the current period was an inflow of ¥1,020.6 billion. It increased by ¥668.5 billion from the previous period.」
Adjusted free cash flow increased from ¥352.0 billion in the previous period to ¥1,020.6 billion, updating the record of cash generation available for growth investment and shareholder returns. - FY2023-Q3AdvancedAnnual report
「Adjusted free cash flow for the cumulative third quarter of the current consolidated fiscal year was an inflow of ¥1,107.2 billion. It increased by ¥871.1 billion year on year.」
Adjusted free cash flow increased from ¥236.1 billion in the same period of the previous year to ¥1,107.2 billion. The receipt of cash when PayPay became a consolidated subsidiary and lower investment outflows were cited as factors. - FY2023-Q2AdvancedAnnual report
「Adjusted free cash flow for the cumulative second quarter of the current consolidated fiscal year was an inflow of ¥343.4 billion. It increased by ¥275.5 billion year on year.」
Adjusted free cash flow increased from an inflow of ¥67.8 billion in the same period of the previous year to ¥343.4 billion, also expanding from the previous quarter’s inflow of ¥74.7 billion. - FY2023-Q1Adjusted free cash flow recovered to an inflowAnnual report
「Adjusted free cash flow for the cumulative first quarter of the current consolidated fiscal year was an inflow of ¥74.7 billion. It increased by ¥106.1 billion year on year.」
Adjusted free cash flow changed from an outflow of ¥31.4 billion in the same period of the previous year to an inflow of ¥74.7 billion. - FY2022Adjusted free cash flow remained an inflow but decreased year on yearAnnual report
「Adjusted free cash flow for the current period was an inflow of ¥352.0 billion. It decreased by ¥478.8 billion from the previous period.」
Adjusted free cash flow remained an inflow but decreased from ¥830.8 billion in the previous period to ¥352.0 billion. The previous numerical target of at least ¥500 billion per year was not repeated in this filing either. - FY2022-Q3Adjusted free cash flow remained an inflow but decreased year on yearAnnual report
「Adjusted free cash flow for the cumulative third quarter of the current consolidated fiscal year was an inflow of ¥236.1 billion. It decreased by ¥294.5 billion year on year.」
Adjusted free cash flow remained an inflow but decreased from ¥530.7 billion in the same period of the previous year to ¥236.1 billion. - FY2022-Q2AdvancedAnnual report
「Adjusted free cash flow for the cumulative second quarter of the current consolidated fiscal year was an inflow of ¥67.8 billion. It decreased by ¥349.8 billion year on year.」
Adjusted free cash flow returned to an inflow of ¥67.8 billion for the cumulative second quarter, from an outflow of ¥31.4 billion in the previous quarter. Adjusted free cash flow was an inflow despite the impact of investment outflows related to the acquisition of LINE shares and the acquisition of Yahoo! licenses. - FY2022-Q1Adjusted free cash flow turned into an outflowAnnual report
「Adjusted free cash flow for the cumulative first quarter of the current consolidated fiscal year was an outflow of ¥31.4 billion. It decreased by ¥210.5 billion year on year.」
Adjusted free cash flow turned from an inflow of ¥179.2 billion in the same period of the previous year to an outflow of ¥31.4 billion. The increase in cash outflows from investing activities, including the acquisition of LINE shares, was cited as the background. - FY2021AdvancedAnnual report
「Adjusted free cash flow was an inflow of ¥830,844 million for the current period.」
Adjusted free cash flow increased from ¥379,461 million in the previous period to ¥830,844 million, updating the record of cash generation available for growth investment and shareholder returns. - FY2021-Q3RestatedAnnual report
「To balance continued growth investment with high shareholder returns, we will continue to aim to generate stable adjusted free cash flow.」
The figure of at least ¥500 billion per year was not repeated, while the wording expressing the aim of generating stable adjusted free cash flow was retained. - FY2021-Q1SoftenedAnnual report
「Our group considers free cash flow, which provides the funds for growth investment and shareholder returns, to be an important management indicator. To balance continued growth investment with high shareholder returns, we will continue to aim to generate stable adjusted free cash flow.」
This filing does not repeat the previous specific free cash flow target of at least ¥500 billion per year, changing the wording to the generation of stable adjusted free cash flow. - FY2020First statedAnnual report
「To balance continued growth investment with high shareholder returns, we will continue to aim to generate stable annual free cash flow of at least ¥500 billion.」
The company initially specified a target of stable annual free cash flow generation of at least ¥500 billion as part of its financial strategy to balance growth investment with high shareholder returns. For the fiscal year ended March 2021, the impact of expenditure on the tender offer for LINE was excluded.