Safety-Focused Fund Management and Borrowing
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 4 of 30 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group’s policy for managing surplus funds is, in principle, to invest them in highly secure financial assets and not to engage in speculative transactions, except where there is a reasonable justification. As a rule, working capital and small-scale capital investments are funded with internal funds, while investments and other expenditures requiring substantial funds are financed mainly through borrowings from banks and other financial institutions, and corporate bonds.」
The Group reaffirmed its policy of prioritising safety in managing surplus funds and using internal funds, borrowings from financial institutions and other sources as appropriate for financing. - FY2020RaisedAnnual report
「However, amid dramatic changes in the external environment, including the risk of a prolonged global economic downturn resulting from the spread of COVID-19, we recognise that strengthening our financial base has become an even more important management priority. We will continue to strengthen cash flow management and take flexible measures as necessary, including raising funds from financial institutions, in our efforts to maintain a stable financial base.」
In addition to its longstanding policy of prioritising safety in fund management and borrowing, the Group has placed greater importance on strengthening its financial base amid the pandemic and specified cash flow management and flexible financing measures. - FY2019RestatedAnnual report
「The Group’s policy for managing surplus funds is, in principle, to invest them in highly secure financial assets and not to engage in speculative transactions, except where there is a reasonable justification. As a rule, working capital and small-scale capital investments are funded with internal funds, while investments and other expenditures requiring substantial funds are financed mainly through borrowings from banks and other financial institutions, and corporate bonds.」
The Group has reaffirmed its policy of prioritising safety in managing surplus funds and using internal funds, borrowings and corporate bonds as appropriate for financing. - FY2017RestatedAnnual report
「The Group’s policy for managing surplus funds is, in principle, to invest them in highly secure financial assets and not to engage in speculative transactions, except where there is a reasonable justification. As a rule, working capital and small-scale capital investments are funded with internal funds, while investments and other expenditures requiring substantial funds are financed mainly through borrowings from banks and other financial institutions, and corporate bonds.」
The Group has reaffirmed its policy of prioritising safety in managing surplus funds, funding ordinary expenses with internal funds, and financing large-scale investments through borrowings, corporate bonds and other means. - FY2017-Q1RestatedAnnual report
「If the funds raised are insufficient, the Company plans to obtain additional financing, including borrowings from financial institutions, while comprehensively considering its capital policy and other factors.」
The financial policy provides for financing through convertible bonds and, if funds are insufficient, supplementary financing through borrowings from financial institutions and other sources. - FY2016First statedAnnual report
「As a general policy, unless there is a reasonable justification, surplus funds are invested in highly safe financial assets, and speculative transactions are not conducted. For financing, working capital and small-scale capital expenditures are generally funded with internal funds, while investments and other activities requiring substantial funds are financed mainly through borrowings from banks and other financial institutions.」
The financial policy provides for the safe investment of surplus funds, the use of internal funds for ordinary funding needs, and borrowings for large-scale investments.