Maintaining Liquidity, Securing Business Funding, and Maintaining a Sound Balance Sheet
First written in FY2019. 5 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 3 of 34 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Net interest-bearing debt as a percentage of net assets has declined slightly from the end of the previous consolidated fiscal year, and we recognize that leverage is being appropriately controlled. We will continue working to maintain a sound financial base.」
Although inventories and borrowings increased, net interest-bearing debt as a percentage of net assets declined slightly from the end of the previous period due to the accumulation of net assets. - FY2025ReframedAnnual report
「The level of net interest-bearing debt relative to net assets has increased from the end of the previous consolidated fiscal year. However, we recognize that this increase was attributable to a one-off factor and does not have a material impact on financial soundness. We will continue working to maintain a sound financial base.」
While acknowledging the increase in net interest-bearing debt, the Company now explains that the increase was attributable to a one-off factor and has no material impact on financial soundness. - FY2024RestatedAnnual report
「However, cash and cash equivalents at the end of the period increased and net assets accumulated steadily. As a result, net interest-bearing debt as a percentage of net assets declined from the end of the previous consolidated fiscal year, and we believe that financial soundness has been maintained.」
The Company continues to pursue financial policies that emphasize liquidity, securing funding and maintaining a sound balance sheet, and discloses a decline in net interest-bearing debt as a percentage of net assets. - FY2023RestatedAnnual report
「After reviewing the financial position at the end of the current consolidated fiscal year, we continued the selective procurement policy adopted in the previous consolidated fiscal year, increased inventory turnover and improved profitability. As a result, operating cash flow was sufficient to fund investing cash flow, producing an ideal result in line with our financial policy.」
The Company continues to assess, as part of its financial policy, that operating cash flow was sufficient to fund investing cash flow as a result of selective procurement and improved inventory turnover. - FY2022MitigatedAnnual report
「After reviewing the financial position at the end of the current consolidated fiscal year, we continued the selective procurement policy adopted in the previous consolidated fiscal year, increased inventory turnover and improved profitability. As a result, operating cash flow was sufficient to fund investing cash flow, producing an ideal result in line with our financial policy.」
The Company states that operating cash flow was sufficient to fund investing cash flow as a result of selective procurement and improved inventory turnover. - FY2021RestatedAnnual report
「The group's financial policy is to maintain appropriate liquidity, secure funding for business activities, and maintain a sound balance sheet.」
The Company continues to state that liquidity, business funding and a sound balance sheet are financial policies. - FY2021-Q1RestatedAnnual report
「In preparation for a potential second wave of COVID-19, the Company has adopted strengthening cash on hand and reducing inventory risk as policies」
In preparation for a second wave of COVID-19, the Company has reaffirmed strengthening cash on hand and reducing inventory risk as policies for financial management and business operations. - FY2020RestatedAnnual report
「The group's financial policy is to maintain appropriate liquidity, secure funding for business activities, and maintain a sound balance sheet.」
The Company continues to state that liquidity, business funding and a sound balance sheet are financial priorities. It has also increased cash on hand through borrowings in preparation for COVID-19. - FY2019First statedAnnual report
「The group's financial policy is to maintain appropriate liquidity, secure funding for business activities, and maintain a sound balance sheet.」
Liquidity, business funding and the balance sheet are expressly identified as financial policies.