Conservative Management of Surplus Funds and Non-Speculative Use of Derivatives
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In addition, although our group invests its surplus funds, our policy is to limit such investments to short-term deposits, jointly managed designated money trusts and similar instruments.」
A conservative policy of limiting surplus fund investments to short-term deposits, jointly managed designated money trusts and similar instruments remains in place. - FY2025RestatedAnnual report
「In addition, although our group invests its surplus funds, our policy is to limit such investments to short-term deposits, jointly managed designated money trusts and similar instruments.」
A conservative policy of limiting surplus fund investments to short-term deposits, jointly managed designated money trusts and similar instruments remains in place. - FY2024RestatedAnnual report
「In addition, although our group invests its surplus funds, our policy is to limit such investments to short-term deposits, jointly managed designated money trusts and similar instruments.」
A conservative policy of limiting surplus fund investments to short-term deposits, jointly managed designated money trusts and similar instruments remains in place. - FY2023ReframedAnnual report
「In addition, although our group invests its surplus funds, our policy is to limit such investments to short-term deposits, jointly managed designated money trusts and similar instruments.」
The policy limits surplus fund investments to short-term deposits, jointly managed designated money trusts and similar instruments, changing the description of the investment scope from the previous wording, which included investment trusts and similar instruments. - FY2018RestatedAnnual report
「In addition, although our group invests its surplus funds, our policy is to limit such investments to investment trusts and short-term deposits.」
A conservative policy of limiting surplus fund investments to investment trusts, short-term deposits and similar instruments remains in place. - FY2016First statedAnnual report
「In addition, although our group invests its surplus funds, our policy is to limit such investments to certificates of deposit, bond investment trusts such as money market funds, and short-term time deposits. Derivatives transactions are executed and managed within the scope stipulated in our internal rules, and our policy is not to engage in any speculative transactions other than for the purpose of hedging borrowing rate and foreign exchange fluctuation risks.」
The policy is to limit the investment of surplus funds and not to use derivatives other than to hedge interest rate and foreign exchange risks.