Maintaining High Cash Reserves Against an Economic Downturn
First written in FY2019. 5 of 6 entries say "Restated". Latest entry: FY2026.
101 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Accordingly, while investing retained funds effectively in the recruitment and development of personnel and other areas needed for continued growth, we will maintain a relatively high level of funds sufficient to withstand a large-scale economic downturn caused by the Lehman shock, the spread of the novel coronavirus and other factors.」
The policy of balancing investment in personnel recruitment and development with maintaining a high level of funds in preparation for a large-scale economic downturn has been reaffirmed. - FY2025RestatedAnnual report
「Accordingly, while investing retained funds effectively in the recruitment and development of personnel and other areas needed for continued growth, we will maintain a relatively high level of funds sufficient to withstand a large-scale economic downturn caused by the Lehman shock, the spread of the novel coronavirus and other factors.」
The policy of balancing investment in personnel recruitment and development with maintaining a high level of funds in preparation for a large-scale economic downturn has been reaffirmed. - FY2022RestatedAnnual report
「While investing retained funds effectively in the recruitment and development of personnel and other areas needed for continued growth, we will maintain a relatively high level of funds sufficient to withstand a large-scale economic downturn caused by the Lehman shock, the spread of the novel coronavirus and other factors.」
The policy of balancing investment in personnel recruitment and development with maintaining a high level of funds in preparation for a large-scale economic downturn has been reaffirmed. - FY2021RestatedAnnual report
「While investing retained funds effectively in the recruitment and development of personnel and other areas needed for continued growth, we will maintain a relatively high level of funds sufficient to withstand a large-scale economic downturn caused by the Lehman shock, the spread of the novel coronavirus and other factors.」
The policy of balancing investment in personnel recruitment and development with maintaining a high level of funds in preparation for a large-scale economic downturn, such as that caused by the Lehman shock or the spread of the novel coronavirus, has been reaffirmed. - FY2020RestatedAnnual report
「While investing retained funds effectively in the recruitment and development of personnel and other areas needed for continued growth, we will maintain a relatively high level of funds sufficient to withstand an economic downturn on the scale of the Lehman shock.」
The financial policy of balancing investment in personnel recruitment and development with maintaining a high level of funds in preparation for a severe economic downturn has been reaffirmed. - FY2019First statedAnnual report
「Because the business environment surrounding our Group is highly sensitive to economic conditions and business performance inevitably deteriorates when the economy worsens, we maintain a sound financial balance in order to achieve sustainable corporate growth. Accordingly, while investing retained earnings effectively in recruitment and development of human resources to support continued growth, we will maintain a relatively high level of funds sufficient to withstand an economic downturn on the scale of the Lehman shock.」
The Group sets out a financial policy of investing retained earnings in recruitment and development while maintaining a relatively high level of cash to withstand a severe economic downturn.