Improving Funding Efficiency through Asset Efficiency and Cash Management
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2018: 2 of 21 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Company has introduced a cash management system (CMS) between itself and its major Group companies and is working to improve the efficiency of funds within the Group.」
The Company continues to improve intra-Group fund efficiency through the CMS and is working to stabilize its financial base together with the efficient use of property, plant and equipment and asset and liability management. - FY2019RestatedAnnual report
「The Company has introduced a cash management system (CMS) between itself and its major Group companies and is working to reduce interest-bearing debt by improving the efficiency of funds within the Group.」
The Company continues its policies of improving asset efficiency, improving fund efficiency through the CMS, and reducing interest-bearing debt. - FY2018Considering diversification of funding methods for growth investmentAnnual report
「The Company is working to improve asset efficiency by increasing the turnover efficiency of accounts receivable and inventories and the utilization rate of property, plant and equipment. It primarily funds any shortfall through interest-bearing debt and is working to maintain a stable funding structure with its financial institutions.」
While continuing its policies of improving asset efficiency, improving fund efficiency through the CMS, and reducing interest-bearing debt, the Company is also considering diversifying funding methods for growth investment under its medium- to long-term business plan. - FY2017RestatedAnnual report
「The Company has introduced a cash management system (CMS) between itself and its major Group companies and is working to improve the efficiency of funds within the Group.」
The Company continues its policy of improving intra-Group fund efficiency through the CMS and reducing external borrowings. - FY2016First statedAnnual report
「The Company has introduced a cash management system (CMS) between itself and its major Group companies and is working to reduce external borrowings by improving the efficiency of funds within the Group.」
The Company describes measures to improve the efficiency of accounts receivable, inventories, and property, plant and equipment, as well as to improve intra-Group fund efficiency through the CMS and reduce external borrowings.