Centralized Management of Surplus Funds Through CMS and Commitment Lines
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 2 of 14 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「For working capital on hand, the company and certain consolidated subsidiaries have introduced a CMS (cash management service), concentrating surplus funds held by each company at the company and managing them centrally to improve capital efficiency. In addition, the Group has entered into commitment line agreements to ensure that it can raise funds quickly and reliably in response to unexpected funding needs.」
It continues to centrally manage surplus funds through CMS and operate commitment lines. - FY2019RestatedAnnual report
「For working capital on hand, the company and certain consolidated subsidiaries have introduced a CMS (cash management service), concentrating surplus funds held by each company at the company and managing them centrally to improve capital efficiency. In addition, the Group has entered into commitment line agreements to ensure that it can raise funds quickly and reliably in response to unexpected funding needs.」
It continues to centrally manage surplus funds through CMS and operate commitment lines to prepare for unexpected funding needs. - FY2018First statedAnnual report
「For working capital on hand, the company and certain consolidated subsidiaries have introduced a CMS (cash management service), concentrating surplus funds held by each company at the company and managing them centrally to improve capital efficiency. In addition, the Group has entered into commitment line agreements to ensure that it can raise funds quickly and reliably in response to unexpected funding needs.」
It identifies centralized management of surplus funds within the Group through CMS and commitment lines for unexpected funding needs as new measures to improve capital efficiency. It also discloses lending commitments of ¥12,000 million for consolidated subsidiaries and ¥1,000 million for the company.