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Capital Allocation

How companies deploy cash across dividends, reinvestment, leverage, and balance sheet management — and why these choices matter for long-term value.

CapEx

+4

Why CapEx Is Easier to Approve Than to Measure

Apr 13, 2026

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7 min read

Why CapEx Is Easier to Approve Than to Measure

Why big investments are often reviewed less rigorously after approval

Dai Kadomae
Dai Kadomae

Valuation Framework

+4

CapEx in Valuation

Mar 30, 2026

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4 min read

CapEx in Valuation

Why Internal Decisions Don't Match External Models

Dai Kadomae
Dai Kadomae

Balance Sheet Analysis

+4

When Dividends Signal Stress, Not Strength

Jan 23, 2026

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3 min read

When Dividends Signal Stress, Not Strength

The Hidden Cost of Paying Out in Thai Equities

Dai Kadomae
Dai Kadomae

Investor Relations

+4

Record Dividends, Persistent Discount

Jan 18, 2026

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3 min read

Record Dividends, Persistent Discount

Why dividends alone cannot rebuild confidence in Thai equities

Dai Kadomae
Dai Kadomae

GARYO FINANCE Insights

Financial visibility → investor-ready decisions.
For CFOs and investors across ASEAN.

Dai Kadomae, CFA, CPA
Former CFO | Citi Investment Banker | Op-ed contributor (Nikkei, Bangkok Post, Asia Times, The Business Times Singapore)

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