Financial Market, Interest Rate and Funding Cost Risks
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2023: 9 of 38 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「To minimise funding risk, the group's accounting department prepares and updates funding plans in a timely manner based on reports from each department, while managing liquidity risk by maintaining cash and cash equivalents and other readily available liquidity.」
The company continues to manage liquidity risk through timely updates to funding plans and the maintenance of readily available liquidity. - FY2018RestatedAnnual report
「To minimise funding risk, the group's accounting department prepares and updates funding plans in a timely manner based on reports from each department, while managing liquidity risk by maintaining cash and cash equivalents and other readily available liquidity.」
The company continues to manage liquidity risk through timely updates to funding plans and the maintenance of readily available liquidity. - FY2017MitigatedAnnual report
「To minimise funding risk, the group's accounting department prepares and updates funding plans in a timely manner based on reports from each department, while managing liquidity risk by maintaining cash and cash equivalents and other readily available liquidity.」
The company describes liquidity risk management through timely updates to funding plans and the maintenance of readily available liquidity. - FY2016First statedAnnual report
「If financial institutions change their lending policies due to turmoil in the financial markets or other factors, or if market sentiment deteriorates, and if the funding environment worsens significantly because of rising market interest rates or other factors, the group may find it difficult to secure funds flexibly and may incur higher funding costs, which could affect its business and financial position.」
The company anticipates difficulty raising funds and higher funding costs due to financial institutions' lending stance, market sentiment and rising interest rates.