Funding Policy for Working Capital and Capital Expenditures through Internal Funds and Borrowings
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2024.
59 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The group raises funds for working capital and capital expenditures through internal funds or borrowings. For borrowings, the basic policy is to use short-term borrowings for working capital and fixed-rate long-term borrowings for long-term funding for production facilities and other purposes. In addition, the company and its domestic subsidiaries have introduced a CMS (cash management service), under which surplus funds at each company are centralized at the company and managed centrally to improve funding efficiency.」
In addition to its policy of relying primarily on internal funds, short-term borrowings and fixed-rate long-term borrowings, the company continues to centrally manage funds from its domestic subsidiaries through a CMS. - FY2018First statedAnnual report
「The group raises funds for working capital and capital expenditures through internal funds or borrowings. For borrowings, the basic policy is to use short-term borrowings for working capital and fixed-rate long-term borrowings for long-term funding for production facilities and other purposes.」
The company has newly described as a theme its financial policy of using short-term borrowings for working capital and fixed-rate long-term borrowings for long-term funding for production facilities and other purposes.