Smc (6273) · InitiativeAdvanced
Making Effective Use of Held Assets by Reviewing Intra-Group Cash Allocation
First written in FY2020. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.
2entries
2years
0from disclosures
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Same theme, other companies
Foreign-exchange risk management through a review of intra-group cash allocationA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2021AdvancedAnnual report
「Cash held by our group contributes to management stability, but we are implementing a review of the allocation of cash within the group in order to address risks from currency and interest-rate fluctuations and enable flexible use of funds.」
The wording regarding the review of intra-group cash allocation progressed from “began” in the previous fiscal year to “implementing” in the current fiscal year. The review is also being used to address currency risk by reducing assets denominated in emerging-market currencies. - FY2020First statedAnnual report
「Cash held by our group contributes to management stability, but we have begun reviewing the allocation of cash within the group in order to address risks from currency and interest-rate fluctuations and enable flexible use of funds.」
The company newly began reviewing the intra-group allocation of cash held to address currency and interest-rate risks and enable flexible use of funds.