Financing centered on bank borrowings and the use of non-speculative derivatives
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2019: 5 of 43 companies on the "Worse" side.
37 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments and relies primarily on bank borrowings for financing. Derivative transactions are used to hedge the risk of future exchange-rate fluctuations relating to foreign-currency-denominated monetary assets and liabilities. The Group's policy is not to engage in speculative transactions.」
The Group continues to use short-term deposits and bank borrowings, derivatives to hedge foreign exchange risk, and a non-speculative policy. - FY2022RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments and relies primarily on bank borrowings for financing. Derivative transactions are used to hedge the risk of future exchange-rate fluctuations relating to foreign-currency-denominated monetary assets and liabilities. The Group's policy is not to engage in speculative transactions.」
The Group continues to use short-term deposits and bank borrowings, derivatives to hedge foreign exchange risk, and a non-speculative policy. - FY2021RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments and relies primarily on bank borrowings for financing. Derivative transactions are used to hedge the risk of future exchange-rate fluctuations and interest-rate risk relating to foreign-currency-denominated monetary assets and liabilities. The Group's policy is not to engage in speculative transactions.」
The Group continues to use short-term deposits and bank borrowings, derivatives to hedge foreign exchange and interest-rate risk, and a non-speculative policy. - FY2020RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments and relies primarily on bank borrowings for financing. Derivative transactions are used to hedge the risk of future exchange-rate fluctuations and interest-rate risk relating to foreign-currency-denominated monetary assets and liabilities. The Group's policy is not to engage in speculative transactions.」
The Group continues to use short-term deposits and bank borrowings, derivatives to hedge foreign exchange and interest-rate risk, and a non-speculative policy. - FY2017RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments and relies primarily on bank borrowings for financing. Derivative transactions are used to hedge the risk of future exchange-rate fluctuations and interest-rate risk relating to foreign-currency-denominated monetary assets and liabilities. The Group's policy is not to engage in speculative transactions.」
The Group reiterates its use of short-term deposits and bank borrowings, its use of derivatives to hedge foreign exchange and interest-rate risk, and its non-speculative policy. - FY2016First statedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments and relies primarily on bank borrowings for financing. Derivative transactions are used to hedge the risk of future exchange-rate fluctuations and interest-rate risk relating to foreign-currency-denominated monetary assets and liabilities. The Group's policy is not to engage in speculative transactions.」
The Group's funding and investment policy consists of short-term deposits, bank borrowings, and hedging risks through forward foreign exchange contracts and interest-rate swaps.