Safety-Focused Management of Surplus Funds and Financing Through Corporate Bonds and Other Sources
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 4 of 32 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As a general rule, the company uses cash flow from operating activities to fund its financing needs. If substantial financing needs arise, however, it plans to obtain financing from financial institutions in order to secure liquidity and maintain financial soundness and stability. It has also entered into a commitment line agreement to address emergency financing needs.」
The company continues its policy of using cash flow from operating activities as its principal source of funds and addressing substantial or emergency financing needs through financing from financial institutions and commitment lines. - FY2024RestatedAnnual report
「The Group’s basic policy is to invest surplus funds in highly secure financial assets and to obtain financing through borrowings from banks and other financial institutions, private placement bonds and other means.」
The company continues its financial policy of investing in highly secure assets, obtaining financing through borrowings and private placement bonds, and using derivatives on a non-speculative basis. - FY2020AdvancedAnnual report
「As a general rule, the company uses cash flow from operating activities to fund its financing needs. If substantial financing needs arise, however, it plans to obtain financing from financial institutions in order to secure liquidity and maintain financial soundness and stability. It has also entered into a commitment line agreement to address emergency financing needs.」
In addition to its previous policy of obtaining financing through borrowings, private placement bonds and other means, the company explicitly identifies a commitment line agreement as a measure for addressing emergency financing needs. - FY2019RestatedAnnual report
「The Group’s basic policy is to invest surplus funds in highly secure financial assets and to obtain financing through borrowings from banks and other financial institutions, private placement bonds and other means. Derivatives are used to avoid the risks described below, and the Group does not engage in speculative transactions.」
The company reaffirms its financial policy of investing in highly secure assets, obtaining financing through borrowings and private placement bonds, and using derivatives on a non-speculative basis. - FY2017First statedAnnual report
「The Group’s basic policy is to invest surplus funds in highly secure financial assets and to obtain financing through borrowings from banks and other financial institutions, private placement bonds and other means. Derivatives are used to avoid the risks described below, and the Group does not engage in speculative transactions.」
The company describes a financial policy focused on the safety of surplus funds, financing through borrowings and private placement bonds, and non-speculative use of derivatives.