Funding Based on the Funding Plan and a Derivatives Policy That Excludes Speculative Transactions
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2019: 2 of 23 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- FY2024Policy of securing low-cost, stable fundingAnnual report
「To secure sufficient funds required to overcome its challenges, the company will maintain close dialogue with financial institutions and continue to pursue the procurement of low-cost, stable funding.」
In addition to its policy of raising funds primarily through bank borrowings, the company explicitly states that it will continue to secure low-cost, stable funding through dialogue with financial institutions. - FY2022RestatedAnnual report
「Based on its financing plan, the company raises the funds it needs, mainly through bank borrowings. Temporary surplus funds are invested mainly in highly liquid financial assets, while short-term working capital is financed through bank borrowings. Derivatives are used to avoid the risks described below, and the company’s policy is not to engage in speculative transactions.」
The company reconfirms its policy of raising funds through bank borrowings based on its financing plan, investing surplus funds in liquid assets, and using derivatives solely for risk avoidance. - FY2021RestatedAnnual report
「Based on its financing plan, the company raises the funds it needs, mainly through bank borrowings. Temporary surplus funds are invested mainly in highly liquid financial assets, while short-term working capital is financed through bank borrowings. Derivatives are used to avoid the risks described below, and the company’s policy is not to engage in speculative transactions.」
The company reconfirms its policy of raising funds through bank borrowings based on its financing plan, investing surplus funds in liquid assets, and using derivatives solely for risk avoidance. - FY2019RestatedAnnual report
「Based on its financing plan, the company raises the funds it needs, mainly through bank borrowings and bond issues. Temporary surplus funds are invested mainly in highly liquid financial assets, while short-term working capital is financed through bank borrowings. Derivatives are used to avoid the risks described below, and the company’s policy is not to engage in speculative transactions.」
The company reconfirms its policy of raising funds through borrowings and bonds based on its financing plan, investing surplus funds in liquid assets, and using derivatives for purposes other than speculation. - FY2018RestatedAnnual report
「Based on its financing plan, the company raises the funds it needs, mainly through bank borrowings and bond issues. Temporary surplus funds are invested mainly in highly liquid financial assets, while short-term working capital is financed through bank borrowings. Derivatives are used to avoid the risks described below, and the company’s policy is not to engage in speculative transactions.」
The company reiterates its policy of raising funds through borrowings and bonds based on its financing plan, investing surplus funds in liquid assets, and using derivatives for purposes other than speculation. - FY2017RestatedAnnual report
「Based on its financing plan, the company raises the funds it needs, mainly through bank borrowings and bond issues. Temporary surplus funds are invested mainly in highly liquid financial assets, while short-term working capital is financed through bank borrowings. Derivatives are used to avoid the risks described below, and the company’s policy is not to engage in speculative transactions.」
The company reiterates its policy of raising funds through bank borrowings and bond issues based on its financing plan, investing surplus funds in liquid assets, and using derivatives solely for risk avoidance. - FY2016First statedAnnual report
「Based on its financing plan, the company raises the funds it needs, mainly through bank borrowings and bond issues. Temporary surplus funds are invested mainly in highly liquid financial assets, while short-term working capital is financed through bank borrowings. Derivatives are used to avoid the risks described below, and the company’s policy is not to engage in speculative transactions.」
The policy is to raise funds through bank borrowings and bonds, invest surplus funds in highly liquid assets, and use derivatives solely for risk avoidance.