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What is the optimum cash position for a company of the scale of Daiichi Sankyo?

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What is the optimum cash position for a company of the scale of Daiichi Sankyo?

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A5. At present, in terms of immediate liquidity, the cash position is approximately 600 billion yen, which includes securities and cash on deposit. Approximately 200 billion yen of this amount is needed as so-called funds for operation. And the balance is what can be directed immediately to strategic investments. We really do not know what matters there will be in the next three years, however, we believe that this level is the optimum level at the present time.

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