Funding power plant and forestry investments through retained earnings and bank borrowings
First written in FY2018. 7 of 10 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, the company made capital expenditures of ¥1,726 million. Major items included sawmill equipment, heavy machinery for the forestry business, forestry business land and standing timber.」
It states that ¥1,726 million of capital expenditures was made, primarily for sawmill equipment, forestry machinery, forestry business land and standing timber, as part of investment in the power plant and forestry businesses. - 2026-08-12RestatedGovernance
「To steadily advance these initiatives and achieve sustainable growth in corporate value over the medium to long term, continued investment and maintenance of a sound financial foundation are necessary.」
The company reaffirmed its policy that continued investment and maintenance of its financial foundation are necessary in connection with expanding the electricity retail business, strengthening the competitiveness of its woody biomass power generation business and improving profitability in the forestry business. The canonical thread itself should not be changed. - FY2026-H1AdvancedAnnual report
「Funds used in investing activities amounted to ¥467 million, compared with an outflow of ¥222 million in the same period of the previous year. This was primarily due to expenditures for the acquisition of property, plant and equipment related to EF Bio's forestry business.」
It states that ¥467 million was spent during the interim consolidated accounting period, primarily on the acquisition of property, plant and equipment related to the forestry business, as part of investment in the power plant and forestry businesses. - FY2025AdvancedAnnual report
「During the consolidated fiscal year, the company made capital expenditures of ¥907 million. Major items included the acquisition of heavy machinery for the forestry business, forestry business land and standing timber.」
It states that ¥907 million of capital expenditures was made, primarily for heavy machinery for the forestry business, business land and standing timber, as part of its investment in the power plant and forestry businesses. - FY2024-Q2RestatedAnnual report
「Funds used in investing activities amounted to ¥323 million, compared with an outflow of ¥958 million in the same period of the previous year. This was primarily due to expenditures for the acquisition of property, plant and equipment related to the forestry business.」
It states that property, plant and equipment related to the forestry business was acquired during the cumulative period, resulting in ¥323 million of spending on investing activities, as part of future investment including the forestry business. - FY2022AdvancedAnnual report
「During the consolidated fiscal year, the company made capital expenditures of ¥847 million. Major items included new construction work for the Shingu Power Plant, construction of the Shingu Chip Center, and forestry business land and standing timber.」
It reports ¥847 million of investment in the Shingu Power Plant, the Shingu Chip Center, forestry business land and standing timber as part of its investment in the power plant and forestry businesses. - FY2022-Q2AdvancedAnnual report
「Funds used in investing activities amounted to ¥3,463 million, compared with an outflow of ¥2,970 million in the same period of the previous year. This was primarily due to ¥3,179 million in expenditures for the acquisition of property, plant and equipment.」
Regarding its investment policy for the power plant and forestry businesses, it states that ¥3,179 million was spent on the acquisition of property, plant and equipment during the cumulative period, resulting in investing activities using ¥3,463 million. - FY2021AdvancedAnnual report
「During the consolidated fiscal year, the company made capital expenditures of ¥1,261 million. Major items included new construction work for the Shingu Power Plant, construction of the Shingu employee dormitory, and forestry business land and standing timber.」
Regarding its investment policy for the power plant and forestry businesses, it states that ¥1,261 million was invested in the Shingu Power Plant, the Shingu employee dormitory, forestry business land and standing timber. - FY2021-Q2AdvancedAnnual report
「We are focusing on securing and training personnel and acquiring logging equipment and operating areas in order to accumulate expertise in forest management and develop it into a core business in the future.」
Regarding its investment policy for the power plant and forestry businesses, it describes specific initiatives including securing and training personnel for the forestry operations division and acquiring logging equipment and operating sites. - FY2018First statedAnnual report
「In addition to capital investment in the EF-ON Mibu Power Plant currently under construction, we will secure a certain level of retained earnings and raise the necessary funds through borrowings from financial institutions for development of the EF-ON Shingu Power Plant and other new wood biomass power plants, as well as investment in the forestry business.」
The Company clearly states its policy of maintaining a certain level of retained earnings while financing investment in Mibu, Shingu, new power plants and the forestry business through bank borrowings.