Use of Retained Earnings for Capital Expenditure and Business Investment
First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「Going forward, we will use retained earnings effectively to respond to unexpected changes in the business environment, fund capital expenditure, business investment and other needs, and build a stable financial base.」
The company is reaffirming its policy of using retained earnings to respond to changes in the business environment, fund capital expenditure and business investment, and build a stable financial base. - 2026-05-22AdvancedEarnings presentation materials
「Continuing to allocate resources to intangible assets, including human resources and DX promotion, that support future cash-flow growth」
The company positions the allocation of internal funds and other resources to human resources and DX promotion as growth investment, and identifies at least ¥4.2 billion in growth investment through the fiscal year ending March 2028. - FY2024ReframedAnnual report
「In allocating resources to the business, we will give top priority to investment that strengthens and grows existing businesses, while continuing to allocate resources to intangible assets, including human resources and digital transformation initiatives, that support future cash flow growth.」
The company has specified its previous policy of using retained earnings mainly for capital expenditure and business investment as a policy of prioritizing investment in existing businesses while allocating resources to human resources and digital transformation initiatives. - FY2021Clarification of the resource allocation policyAnnual report
「Even if an event risk disrupts the economy and markets and has a significant impact on our business, we will maintain sufficient cash and deposits on hand to avoid affecting stakeholders, and will work to allocate resources in excess of that amount in ways that enhance corporate value. In allocating resources to the business, we will give top priority to investment that strengthens and grows existing businesses, while continuing to allocate resources to intangible assets, including human resources and ICT, that support future cash flow growth.」
The company has specified its policy for using retained earnings as a capital policy comprising the maintenance of cash and deposits on hand against event risks, investment in existing businesses, and resource allocation to human resources and ICT. - FY2019RestatedAnnual report
「Going forward, we will use retained earnings effectively to build a stable financial base, including by pursuing agile business development to respond to unexpected changes in the business environment and allocating funds to capital expenditure, business investment and other funding needs.」
The company is reaffirming its policy of using retained earnings to respond to changes in the business environment, pursue agile business development, fund capital expenditure and business investment, and build a stable financial base. - FY2018RestatedAnnual report
「Going forward, we will use retained earnings effectively to build a stable financial base, including by pursuing agile business development to respond to unexpected changes in the business environment and allocating funds to capital expenditure, business investment and other funding needs.」
The company is reaffirming its policy of using retained earnings to respond to changes in the business environment, pursue agile business development, fund capital expenditure and business investment, and build a stable financial base. - FY2017First statedAnnual report
「Going forward, we will use retained earnings effectively to build a stable financial base, including by pursuing agile business development to respond to unexpected changes in the business environment and allocating funds to capital expenditure, business investment and other funding needs.」
The company is identifying for the first time a policy of using retained earnings to respond to unexpected changes in the business environment, pursue agile business development, fund capital expenditure and business investment, and build a stable financial base.