Maintaining cash on hand equivalent to approximately 2.5 months of monthly sales
First written in FY2021. 2 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2024.
3 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Our basic policy is to cover the outstanding balance of advance payments with cash on hand and maintain “core funds” equivalent to approximately 2.5 months of monthly sales. The remaining cash and deposits are designated as “strategic funds” and used for proactive business investment, including M&A. In addition, the portion of future free cash flow remaining after deducting funds allocated for dividends will be designated as additional “strategic funds.”」
The company clarified the distinction between core funds equivalent to approximately 2.5 months of monthly sales and strategic funds comprising excess cash and deposits and future free cash flow for use in M&A and other purposes. - FY2022AdvancedAnnual report
「Our basic policy is to secure the balance of customer advances with cash on hand and maintain "rock-solid funds" equivalent to approximately 2.5 months of monthly sales. The remaining cash and deposits are positioned as "strategic funds" and will be used for proactive business investments, including M&A.」
The company clarified the distinction between core funds, equivalent to approximately 2.5 months of monthly sales and maintained to cover advance payments, and strategic funds for M&A and other purposes. - FY2021First statedAnnual report
「Our basic policy is to secure the balance of customer advances with cash on hand and maintain funds equivalent to approximately 2.5 months of monthly sales.」
The Company specified for the first time a policy of maintaining cash on hand equivalent to approximately 2.5 months of monthly sales, with the aim of securing customer advances and maintaining a stable financial base.