Efficient and stable funding through group finance
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2021-Q3.
25 other companies' latest entry also says "Restated".
- FY2021-Q3RestatedAnnual report
「With respect to financing, we have introduced a group finance system to centralize intra-group funds and secure financing at low cost and on a stable basis.」
The group continues to describe its mechanism for securing low-cost, stable financing through the centralization of intra-group funds and funding and allocation by the parent company. - FY2021-Q2RestatedAnnual report
「With respect to financing, we have introduced a group finance system to centralize intra-group funds and secure financing at low cost and on a stable basis. Under this system, we raise the working capital and capital investment funds required within the group and allocate them within the group in an agile and efficient manner to minimize financial expenses. The funds required are sourced mainly from cash flows generated by operating activities and borrowings from financial institutions.」
The group continues to describe its mechanism for securing low-cost, stable funding through financing by the parent company and intra-group allocation. - FY2020-Q2RestatedAnnual report
「With respect to financing, we have introduced a group finance system to centralize intra-group funds and secure financing at low cost and on a stable basis.」
The group continues to operate a mechanism for centralizing intra-group funds and securing low-cost, stable financing through funding and allocation by the parent company. - FY2019RestatedAnnual report
「The group has introduced a group finance system to centralize intra-group funds and secure financing at low cost and on a stable basis. Under this system, we raise the working capital and capital investment funds required within the group and allocate them within the group in an agile and efficient manner to minimize financial expenses. The funds required are sourced mainly from cash flows generated by operating activities and borrowings from financial institutions.」
The group continues to operate a mechanism for securing low-cost, stable funding through financing by the parent company and intra-group allocation. - FY2018RestatedAnnual report
「The Group has introduced a group finance system to centralize funds within the Group and secure low-cost, stable funding.」
The group continues to operate a mechanism for the agile and efficient allocation of funds raised by the parent company within the group. - FY2017RestatedAnnual report
「The Group has introduced a group finance system to centralize funds within the Group and secure low-cost, stable funding.」
The group continues to operate a mechanism for the agile and efficient allocation of funds raised by the parent company within the group. - FY2016First statedAnnual report
「The Group has introduced a group finance system to centralize funds within the Group and secure low-cost, stable funding.」
The company seeks to minimize financing costs by raising funds at the parent company and allocating them within the Group. It also states a policy of maintaining liquidity on hand equivalent to one month of consolidated revenue.