Financial Policy of Funding Growth Investments with Internal Funds
First written in FY2019. 1 of 4 entries say "Restated". Latest entry: FY2025.
Inaba Denkisangyo moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
3 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「As part of its efforts to achieve management that is conscious of the cost of capital and share price, the Group has formulated a cash allocation plan covering the fiscal years ending March 2026 through March 2028.」
The coverage period for the cash allocation plan has been updated from the fiscal years ending March 2025 through March 2027 to the fiscal years ending March 2026 through March 2028. The basic policy of funding growth investments with internal funds remains unchanged. - FY2024Cash allocation addedAnnual report
「The Group’s basic policy is to fund investments for future growth with internal funds.」
While continuing its policy of funding growth investments with internal funds, the Group has newly formulated a cash allocation plan covering the fiscal years ending March 2025 through March 2027. - FY2021RestatedAnnual report
「The Group’s basic policy is to fund investments for future growth with internal funds. In light of its financial position and cash flows, the Group considers itself to have secured sufficient financial soundness to meet its funding requirements.」
The Group continues its policy of funding growth investments with internal funds and discloses cash and cash equivalents of ¥73,015 million and an equity ratio of 61.5%. - FY2019First statedAnnual report
「The Group’s basic policy is to fund investments for future growth with internal funds.」
For the first time, the Group separately discloses its policy of funding future growth investments with internal funds and maintaining sufficient financial soundness to meet its funding requirements.