Centralized Management of Group Excess Funds through a Cash Management System
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2020.
76 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「In addition, with regard to working capital on hand, we have introduced a CMS (cash management system) at the Company and certain consolidated subsidiaries, concentrating surplus funds held by each company at the Company and managing them centrally to improve fund efficiency.」
The centralized management of surplus group funds through a CMS and efforts to improve fund efficiency are ongoing. - FY2019RestatedAnnual report
「By introducing a CMS (cash management service) at the Company and certain consolidated subsidiaries, we concentrate surplus funds held by each company at the Company and manage them centrally to improve fund efficiency.」
The centralized management of surplus group funds through a CMS and efforts to improve fund efficiency are ongoing. - FY2018First statedAnnual report
「By introducing a CMS (cash management service) at the Company and certain consolidated subsidiaries, we concentrate surplus funds held by each company at the Company and manage them centrally to improve fund efficiency.」
A mechanism has been introduced under which surplus funds from group companies are concentrated at the holding company through a CMS to improve fund efficiency.