Cash management to maintain 4–6 months of fixed expenses
First written in FY2019. 1 of 4 entries say "Restated". Latest entry: 2026-08-25.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Raised".
- 2026-08-25RaisedGeneral Meetings of Shareholders
「We manage our liquidity so that we can maintain funds equivalent to approximately 1 year of fixed monthly expenses.」
The explanation of liquidity management changed from maintaining funds equivalent to 4–6 months of fixed expenses to approximately 1 year of fixed expenses. - FY2023ReframedAnnual report
「As a basic policy, we meet our research and development investment, capital investment and working capital needs using shareholders' equity, including cash and deposits held. Where necessary, funds required mainly for investment in new research and development businesses are raised through the issuance of new shares and other means, while capital investment and short-term working capital are funded through bank borrowings.」
The focus has shifted from explaining the maintenance of liquidity equivalent to 4–6 months of fixed expenses to explaining a funding policy that uses shareholders' equity, new share issuance and bank borrowings according to need. - FY2020RestatedAnnual report
「We manage liquidity to maintain funds equivalent to approximately 4 to 6 months of fixed monthly expenses.」
The company continues to maintain a liquidity management policy of holding funds equivalent to 4–6 months of fixed expenses. - FY2019First statedAnnual report
「The Corporate Administration Division prepares and updates cash flow plans in a timely manner and manages liquidity to maintain funds equivalent to approximately 4 to 6 months of fixed monthly expenses.」
The company described a liquidity management policy of updating its cash flow plan and maintaining funds equivalent to 4–6 months of fixed expenses.