Non-speculative funding and investment policy centered on internal funds and bank borrowings
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2019: 4 of 38 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments, while its financing policy is based on bank borrowings. Derivatives are used to avoid the risk of interest-rate fluctuations on borrowings, and the Group does not engage in speculative transactions.」
The company continues its policy of basing fund management and financing on short-term deposits, bank borrowings and interest-rate hedging, without engaging in speculative transactions. - FY2022RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments, while its financing policy is based on bank borrowings. Derivatives are used to avoid the risk of interest-rate fluctuations on borrowings, and the Group does not engage in speculative transactions.」
The company continues its policy of basing its activities on short-term deposits, bank borrowings and interest-rate hedging, without engaging in speculative transactions. - FY2021RestatedAnnual report
「The Group limits the investment of funds to short-term deposits and similar instruments, while its financing policy is based on bank borrowings. Derivatives are used to avoid the risk of interest-rate fluctuations on borrowings, and the Group does not engage in speculative transactions.」
The company continues its policy of basing fund management and financing on short-term deposits, bank borrowings and interest-rate hedging, without engaging in speculative transactions. - FY2019First statedAnnual report
「Our basic policy is to meet the funds required in the short and long term mainly through internal funds and borrowings from financial institutions, and not to invest in financial products or engage in speculative transactions.」
The company describes, for the first time in a form that can be tracked as a thread, its policy of funding necessary requirements with internal funds and bank borrowings and not engaging in speculative transactions.