Appropriate Cash and Deposits Equivalent to 1–2 Months of Revenue
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2025.
HITO-Communications Holdings moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
The whole theme swung hardest in 2024: 3 of 34 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2025SoftenedAnnual report
「We hold sufficient cash and cash equivalents to respond flexibly to funding needs associated with business expansion.」
The previous guideline of cash and cash equivalents equivalent to 1–2 months of revenue was no longer stated; instead, the wording was changed to “sufficient cash and cash equivalents.” - FY2021RestatedAnnual report
「Although we have not set a strict target level for cash and cash equivalents on hand, we consider an amount equivalent to 1–2 months of revenue to be appropriate to secure stable working capital and adequately address event risks.」
The view that cash and cash equivalents equivalent to 1–2 months of revenue is an appropriate guideline has been reaffirmed. - FY2020RestatedAnnual report
「Although we have not set a strict target level for cash and cash equivalents on hand, we consider an amount equivalent to 1–2 months of revenue to be appropriate to secure stable working capital and adequately address event risks.」
The view that cash and cash equivalents equivalent to 1–2 months of revenue is an appropriate guideline has been reaffirmed. - FY2019First statedAnnual report
「Although we have not set a strict target level for cash and cash equivalents on hand, we consider an amount equivalent to 1–2 months of revenue to be appropriate to secure stable working capital and adequately address event risks.」
Although described as not being a strict target, cash and cash equivalents equivalent to 1–2 months of revenue were given as a guideline for working capital and event risks.