Investing Funds in Investment-Grade Assets and Using Non-Speculative Derivatives
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2019: 2 of 23 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Group’s policy is to limit short-term investments to deposits and similar instruments, and long-term investments to investment-grade bonds and private placement bonds issued by business partners. Its policy for funding is to rely on bank borrowings. Derivatives are used to avoid the risk of interest rate fluctuations on borrowings, and no speculative transactions are conducted.」
Maintains the policy of limiting investments to investment-grade assets and similar instruments, relying primarily on bank borrowings for funding, and using derivatives on a non-speculative basis. - FY2018RestatedAnnual report
「The Group’s policy is to limit short-term investments to deposits and similar instruments, and long-term investments to investment-grade bonds and private placement bonds issued by business partners. Its policy for funding is to rely on bank borrowings. Derivatives are used to avoid the risk of interest rate fluctuations on borrowings, and no speculative transactions are conducted.」
Maintains the policy of limiting investment targets to investment-grade assets and similar instruments, relying primarily on bank borrowings for funding, and using derivatives only for risk avoidance. - FY2017First statedAnnual report
「The Group’s policy is to limit short-term investments to deposits and similar instruments, and long-term investments to investment-grade bonds and private placement bonds issued by business partners. Its policy for funding is to rely on bank borrowings. Derivatives are used to avoid the risk of interest rate fluctuations on borrowings, and no speculative transactions are conducted.」
Describes the policy of limiting investment targets, relying primarily on bank borrowings for funding, and using derivatives only to avoid interest rate risk.