Securing a Robust Financial Base Capable of Responding to Changes in the Operating Environment
First written in FY2021-Q3. 2 of 3 entries say "Restated". Latest entry: FY2024.
38 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Our group uses cash flows from operating activities as the source of funds for working capital needed to secure stable earnings and for investments aimed at future growth. However, after comprehensively considering the cost of capital, the equity ratio and other factors, we raise funds from financial institutions through borrowings as necessary.」
The company continues its financial policy of using cash flows from operating activities as its primary source of funds and using borrowings and commitment lines as necessary. - FY2021RestatedAnnual report
「Our group uses cash flows from operating activities as the source of funds for working capital needed to secure stable earnings and for investments aimed at future growth. However, after comprehensively considering the cost of capital, the equity ratio and other factors, we raise funds from financial institutions through borrowings as necessary.」
The company has reaffirmed its financial policy of using cash flows from operating activities as its primary source of funds and responding to changes in the business environment through borrowings and commitment lines as necessary. - FY2021-Q3First statedAnnual report
「We continue to maintain a strong financial base capable of responding to changes in the business environment.」
While borrowings increased to build up cash reserves and the equity ratio declined, this is the first confirmation of a policy and recognition that the company has secured a financial base capable of responding to changes in the business environment.