Safety-Focused Fund Management and Non-Speculative Use of Derivatives
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2019: 2 of 23 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group’s policy is to limit the investment of funds to deposits and highly secure financial instruments, and to raise funds through bank borrowings and bond issuance. Derivatives are used to avoid interest rate fluctuation risk on borrowings and foreign exchange fluctuation risk on foreign-currency-denominated assets and liabilities, among other risks, and the Group does not engage in speculative transactions.」
The Group continues its policy of investing funds in highly secure assets, raising funds through bank borrowings and other means, and limiting non-speculative derivatives use to avoiding interest rate and foreign exchange fluctuation risks. - FY2022RestatedAnnual report
「The Group’s policy is to limit the investment of funds to deposits and highly secure financial instruments, and to raise funds through bank borrowings and bond issuance. Derivatives are used to avoid risks such as interest rate fluctuations on borrowings, and the Group does not engage in speculative transactions.」
The Group continues its policy of investing funds in highly secure assets and using derivatives only for non-speculative purposes. - FY2017RestatedAnnual report
「The Group’s policy is to limit the investment of funds to deposits and highly secure financial instruments, and to raise funds through bank borrowings and bond issuance. Derivatives are used to avoid interest rate fluctuation risk on borrowings, and the Group does not engage in speculative transactions.」
The Group continues its policy of investing funds in highly secure assets, raising funds through bank borrowings and other means, and limiting derivatives use to avoiding interest rate fluctuation risk. - FY2016First statedAnnual report
「The Group’s policy is to limit the investment of funds to deposits and highly secure financial instruments, and to raise funds through bank borrowings and bond issuance. Derivatives are used to avoid interest rate fluctuation risk on borrowings, and the Group does not engage in speculative transactions.」
The Group’s policy is to invest funds in highly secure assets, raise funds through bank borrowings and bonds, and limit derivatives use to avoiding interest rate fluctuation risk.