Liquidity and Interest Rate Risk Associated with Borrowings and Lease Liabilities
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2022: 4 of 26 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Accounts payable, borrowings and lease obligations are exposed to liquidity risk. The Company manages this risk by monitoring actual results through the preparation of cash flow schedules and maintaining a certain level of cash and cash equivalents. It monitors market interest rate trends as needed with respect to the interest rate risk associated with variable-rate borrowings.」
Continues to disclose the liquidity risk associated with accounts payable, borrowings and lease obligations, the interest rate risk associated with variable-rate borrowings, and management through cash flow planning and the maintenance of cash and cash equivalents. - FY2018First statedAnnual report
「Accounts payable, borrowings and lease obligations are exposed to liquidity risk. The Company manages this risk by monitoring actual results through the preparation of cash flow schedules and maintaining a certain level of cash and cash equivalents. It monitors market interest rate trends as needed with respect to the interest rate risk associated with variable-rate borrowings.」
Explicitly discloses the liquidity risk associated with accounts payable, borrowings and lease obligations, the interest rate risk associated with variable-rate borrowings, and management through cash flow planning and the maintenance of cash and cash equivalents.