Safety-Focused Management of Surplus Funds and Non-Speculative Use of Foreign Exchange Forwards
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The company invests temporary surplus funds in highly secure financial assets. It uses foreign exchange forward contracts to hedge the risks described below and has a policy of not engaging in speculative transactions.」
The company continues to focus on investing surplus funds safely and to limit foreign exchange forward contracts to risk-hedging purposes. - FY2018RestatedAnnual report
「The company invests temporary surplus funds in highly secure financial assets. It uses foreign exchange forward contracts to hedge the risks described below and has a policy of not engaging in speculative transactions.」
The company continues to focus on investing surplus funds safely and to limit foreign exchange forward contracts to risk-hedging purposes. - FY2017First statedAnnual report
「The company invests temporary surplus funds in highly secure financial assets. It uses foreign exchange forward contracts to hedge the risks described below and has a policy of not engaging in speculative transactions.」
The company has explicitly stated its policy of investing surplus funds in highly secure financial assets and limiting foreign exchange forward contracts to risk-hedging purposes.