Capital Allocation Prioritizing Investment to Enhance Corporate Value
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2026.
12 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We will formulate a capital allocation policy that takes into account the balance between growth investment and shareholder returns, and establish a maximum strategic investment allocation of ¥100 billion over 3 years, for growth investment or shareholder returns.」
The policy of establishing a maximum 3-year strategic investment allocation of ¥100 billion, taking into account the balance between growth investment and shareholder returns, remains in place. - FY2025ReframedAnnual report
「We will formulate a capital allocation policy that takes into account the balance between growth investment and shareholder returns, and establish a maximum strategic investment allocation of ¥100 billion over 3 years, for growth investment or shareholder returns.」
In addition to the previous policy of prioritizing investment to enhance corporate value, a maximum 3-year strategic investment allocation of ¥100 billion was established for growth investment or shareholder returns. - FY2020RestatedAnnual report
「We will first prioritize investment to enhance the corporate value of our Group, including the expansion of existing businesses, development of new businesses and reform of our business structure, and secure retained earnings for these purposes.」
The capital allocation policy of prioritizing investment in existing businesses, new businesses and business-structure reform remains in place. - FY2018RestatedAnnual report
「We will first prioritize investment to enhance the corporate value of our Group, including the expansion of existing businesses, development of new businesses and reform of our business structure, and secure retained earnings for these purposes.」
The capital allocation policy of prioritizing investment in existing businesses, new businesses and business-structure reform remains in place. - FY2017RestatedAnnual report
「We will first prioritize investment to enhance the corporate value of our Group, including the expansion of existing businesses, development of new businesses and reform of our business structure, and secure retained earnings for these purposes.」
The capital allocation policy of prioritizing investment to enhance corporate value over dividends remains in place. - FY2016First statedAnnual report
「We will first prioritize investment to enhance the corporate value of our Group, including the expansion of existing businesses, development of new businesses and reform of our business structure, and secure retained earnings for these purposes.」
Investment in existing businesses, new businesses and business-structure reform is prioritized over dividends.