Cash Concentration and Centralized Management through Group Finance
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022.
71 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「We are seeking to improve capital efficiency by using Group finance to pool surplus funds held by our domestic consolidated subsidiaries with the Company and manage them centrally. We also manage cash and cash equivalents and interest-bearing debt within specified ranges, while securing liquidity to respond to changes in the operating environment.」
The company has continued to pool and centrally manage surplus funds from subsidiaries and secure liquidity by managing cash and cash equivalents and interest-bearing debt within specified ranges. - FY2021AdvancedAnnual report
「We are seeking to improve capital efficiency by using Group finance to pool surplus funds held by our domestic consolidated subsidiaries with the Company and manage them centrally. We also manage cash and cash equivalents and interest-bearing debt within specified ranges, while securing liquidity to respond to changes in the operating environment.」
In addition to the existing Group finance practice of pooling and centrally managing surplus funds from domestic subsidiaries, the company stated a policy of maintaining cash and cash equivalents and interest-bearing debt within specified ranges to secure liquidity. - FY2019First statedAnnual report
「We are seeking to improve capital efficiency by using Group finance to pool surplus funds held by our domestic consolidated subsidiaries with the Company and manage them centrally.」
The centralised management and pooling of surplus funds from domestic consolidated subsidiaries with the parent company was recorded as an independent theme for the first time as a means of improving capital efficiency.