Financial Management Based on Internally Generated Funds and Sufficient Liquidity
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2021.
101 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The company basically funds working capital, capital expenditures and other cash requirements with internal funds. It had no borrowings from financial institutions or other lenders at either the end of the previous consolidated fiscal year or the end of the current consolidated fiscal year, and has secured sufficient liquidity to fully meet its current funding needs.」
The company reaffirmed its policy of primarily using internal funds and securing the necessary liquidity without borrowings. - FY2019RestatedAnnual report
「The company had no borrowings from financial institutions or other lenders at either the end of the previous consolidated fiscal year or the end of the current consolidated fiscal year, and has secured sufficient liquidity to fully meet its current funding needs.」
The company reaffirmed its policy of primarily funding working capital and capital expenditures with internal funds, maintaining no borrowings and securing the necessary liquidity. - FY2018First statedAnnual report
「Regarding the sources of capital and liquidity of the Group, the company basically funds working capital, capital expenditures and other cash requirements with internal funds. The company had no borrowings from financial institutions or other lenders at either the end of the previous consolidated fiscal year or the end of the current consolidated fiscal year, and has secured sufficient liquidity to fully meet its current funding needs.」
A policy of funding working capital and capital expenditures with internal funds, maintaining no borrowings and securing the necessary liquidity appeared for the first time as a standalone theme.