Policies on Investing Funds with an Emphasis on Safety and Liquidity and on Bank Borrowings
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2019: 2 of 23 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「With regard to fund management, the Group principally focuses on short-term investments from the standpoint of ensuring the safety and liquidity of principal. With regard to funding, its policy is to rely on bank borrowings. Derivatives are used to hedge the risk of interest-rate fluctuations on borrowings, and the Group does not engage in speculative transactions.」
The Group maintains its policy of short-term investments focused on safety and liquidity, bank borrowings, and non-speculative use of derivatives. - FY2016First statedAnnual report
「With regard to fund management, the Group principally focuses on short-term investments from the standpoint of ensuring the safety and liquidity of principal. With regard to funding, its policy is to rely on bank borrowings. Derivatives are used to hedge the risk of interest-rate fluctuations on borrowings, and the Group does not engage in speculative transactions.」
The policy is to prioritize the safety and liquidity of fund management, bank borrowings, and non-speculative use of derivatives.