Using Equity to Fund Working Capital and Capital Expenditure While Prioritizing Financial Soundness
First written in FY2016. 1 of 29 entries say "Reframed", first in FY2017. Latest entry: FY2026.
35 other companies' latest entry also says "Other".
- FY2026Overdraft facility expanded to ¥5.9 billion; outstanding borrowings increasedAnnual report
「In addition, the Group has entered into an overdraft facility agreement of ¥5,900 million with its banking partners to ensure stable and flexible procurement of necessary funds.」
The overdraft facility increased from ¥3,800 million in the previous fiscal year to ¥5,900 million, and the drawn balance at period-end was ¥3,880.8 million. - 2026-08-13OtherRevision of earnings forecasts
「Current liabilities increased by ¥2,316.033 million from the end of the previous consolidated fiscal year to ¥7,182.411 million. The main factor was an increase in short-term borrowings associated with purchases of real estate for sale and real estate for sale under development.」
Current liabilities increased from the end of the previous fiscal year due to higher short-term borrowings associated with purchases of real estate for sale and related inventory. - FY2026-H1Higher overdraft limits and outstanding borrowingsAnnual report
「Total overdraft facility limit ¥3,881.500 million ¥5,343.000 million Drawn balance ¥1,545.955 million ¥2,913.000 million Difference ¥2,335.545 million ¥2,430.000 million」
From the end of the previous consolidated fiscal year to the end of the interim consolidated fiscal period, the overdraft facility limit increased from ¥3,881.500 million to ¥5,343.000 million, while the drawn balance increased from ¥1,545.955 million to ¥2,913.000 million. The increase in short-term borrowings associated with the increase in real estate held for sale and other assets was also explained. - FY2025Overdraft facility reduced to ¥3,800 million; repayment of borrowings exceeded new borrowingAnnual report
「The Group currently meets these funding needs primarily with internal funds, but also raises some funds through interest-bearing debt from financial institutions in addition to internal funds in order to maintain an appropriate level of cash holdings. During the consolidated fiscal year, the Group raised ¥820 million through borrowings, while repaying ¥1,320 million of borrowings. In addition, the Group has entered into an overdraft facility agreement of ¥3,800 million with its banking partners to ensure stable and flexible procurement of necessary funds.」
While maintaining its policy of relying primarily on internal funds, the Group raised ¥820 million through borrowings and repaid ¥1,320 million. The overdraft facility was reduced from ¥4,100 million in the previous fiscal year to ¥3,800 million. - FY2025-H1Overdraft facility and drawn balance decreasedAnnual report
「Total overdraft facility limit ¥4,108.200 million ¥3,829.500 million Drawn balance ¥1,773.655 million ¥1,493.955 million Difference ¥2,334.545 million ¥2,335.545 million」
The overdraft facility limit decreased from ¥4,108.200 million at the end of the previous consolidated fiscal year to ¥3,829.500 million, while the drawn balance decreased from ¥1,773.655 million to ¥1,493.955 million. - FY2024Overdraft facility expanded to ¥4,100 millionAnnual report
「During the consolidated fiscal year, the Group raised ¥4,660 million through borrowings and repaid ¥3,330 million of borrowings. In addition, the Group has entered into an overdraft facility agreement of ¥4,100 million with its banking partners to ensure stable and flexible procurement of necessary funds.」
The Company raised ¥4,660 million through borrowings and repaid ¥3,330 million, expanding the overdraft facility to ¥4,100 million. - FY2024-Q3Overdraft facility and drawn balance increasedAnnual report
「Total overdraft facility limit ¥2,464.900 million ¥3,373.800 million Drawn balance ¥1,545.980 million ¥1,839.255 million」
The overdraft facility limit increased from ¥2,464.900 million at the end of the previous consolidated fiscal year to ¥3,373.800 million, while the drawn balance increased from ¥1,545.980 million to ¥1,839.255 million. - FY2024-Q2Overdraft facility and drawn balance increasedAnnual report
「Total overdraft facility limit ¥2,464.900 million ¥3,256.800 million Drawn balance ¥1,545.980 million ¥1,783.255 million」
The total overdraft facility limit increased from ¥2,464.900 million at the end of the previous consolidated fiscal year to ¥3,256.800 million, while the drawn balance increased from ¥1,545.980 million to ¥1,783.255 million. - FY2024-Q1Overdraft facility and drawn balance increasedAnnual report
「Total overdraft facility limit ¥2,464.900 million ¥2,797.000 million Drawn balance ¥1,545.980 million ¥1,719.330 million」
The total overdraft facility limit increased from ¥2,464.900 million to ¥2,797.000 million, while the drawn balance increased from ¥1,545.980 million to ¥1,719.330 million. - FY2023Borrowings raised; overdraft facility expandedAnnual report
「During the consolidated fiscal year, the Group raised ¥3,300 million through borrowings, while repaying ¥2,030 million of borrowings and redeeming ¥100 million of bonds. In addition, the Group has entered into an overdraft facility agreement of ¥2,460 million with its banking partners to ensure stable and flexible procurement of necessary funds.」
The Company raised ¥3,300 million through borrowings, repaid ¥2,030 million, and redeemed ¥100 million of bonds, bringing the overdraft facility limit to ¥2,460 million. - FY2023-Q3Overdraft facility and drawn balance increasedAnnual report
「Total overdraft facility limit ¥1,847.950 million ¥2,556.800 million Drawn balance ¥632.450 million ¥1,564.700 million」
The total overdraft facility limit increased from ¥1,847.950 million at the end of the previous consolidated fiscal year to ¥2,556.800 million, while the drawn balance increased from ¥632.450 million to ¥1,564.700 million. - FY2023-Q2Overdraft facility and drawn balance increasedAnnual report
「Total overdraft facility limit ¥1,847.950 million ¥2,305.150 million Drawn balance ¥632.450 million ¥1,285.870 million Difference ¥1,215.500 million ¥1,019.280 million」
The total overdraft facility limit increased from ¥1,847.950 million at the end of the previous consolidated fiscal year to ¥2,305.150 million, while the drawn balance increased from ¥632.450 million to ¥1,285.870 million. Short-term borrowings also increased from ¥1,123.050 million to ¥2,474.070 million. - FY2023-Q1Overdraft facility reduced; drawn balance increasedAnnual report
「Total overdraft facility limit ¥1,847.950 million ¥1,798.200 million Drawn balance ¥632.450 million ¥828.180 million Difference ¥1,215.500 million ¥970.020 million」
The total overdraft facility limit decreased from ¥1,847.950 million to ¥1,798.200 million, while the drawn balance increased from ¥632.450 million to ¥828.180 million. - FY2022Repayment of borrowings exceeded new borrowing; overdraft facility maintainedAnnual report
「During the consolidated fiscal year, the Group raised ¥2,060 million through borrowings and repaid ¥2,510 million of borrowings. In addition, the Group has entered into an overdraft facility agreement of ¥1,840 million with its banking partners to ensure stable and flexible procurement of necessary funds.」
The Company disclosed its financing position, having raised ¥2,060 million through borrowings, repaid ¥2,510 million, and entered into an overdraft facility agreement of ¥1,840 million. - FY2022-Q3Higher Overdraft Limit and Drawn BalanceAnnual report
「Total overdraft facility limit 1,675,500 thousand yen 2,140,950 thousand yen Borrowings outstanding 675,500 thousand yen 821,050」
The overdraft facility limit increased from ¥1,675.5 million to ¥2,140.95 million, while borrowings outstanding increased from ¥675.5 million to ¥821.05 million. - FY2022-Q2Overdraft facility expanded; borrowings outstanding decreasedAnnual report
「Total overdraft facility limit 1,969,200 thousand yen Borrowings outstanding 567,200」
The overdraft facility limit increased from ¥1,675.5 million at the end of the previous consolidated fiscal year to ¥1,969.2 million, while borrowings outstanding decreased from ¥675.5 million to ¥567.2 million. - FY2022-Q1Lower Overdraft Limit and Drawn BalanceAnnual report
「Total overdraft facility limit 1,675,500 thousand yen 1,620,700 thousand yen Borrowings outstanding 675,500 thousand yen 620,700 thousand yen」
The overdraft facility limit decreased from ¥1,675.5 million to ¥1,620.7 million, while borrowings outstanding decreased from ¥675.5 million to ¥620.7 million from the end of the previous consolidated fiscal year. - FY2021Higher Overdraft Limit and Drawn BalanceAnnual report
「During the consolidated fiscal year, the company repaid ¥1.77 billion in borrowings, while raising ¥1.32 billion through a share issuance, ¥3.39 billion through borrowings and ¥200 million through a bond issuance. The group also entered into a ¥1.67 billion overdraft facility agreement with its relationship financial institutions to secure stable and flexible access to necessary funds.」
While primarily using internal funds, the company raised funds through borrowings, bonds and a share issuance. The overdraft facility limit was ¥1.6755 billion, and borrowings outstanding were ¥675.5 million. - FY2021-Q3Higher Overdraft Limit and Drawn BalanceAnnual report
「Total overdraft facility limit 1,542,200 thousand yen Borrowings outstanding 542,200 thousand yen Difference 1,000,000」
The company disclosed a total overdraft facility limit of ¥1,542.2 million and borrowings outstanding of ¥542.2 million, both of which increased from the previous disclosure. - FY2021-Q2Continued funding through borrowings and bond issuancesAnnual report
「This was mainly attributable to proceeds of ¥1,122 million from short-term borrowings, repayments of short-term borrowings of ¥880.79 million, proceeds of ¥280 million from long-term borrowings, proceeds of ¥200 million from a bond issuance, and dividend payments of ¥47.671 million, among other items.」
The company disclosed funding and repayments through short-term borrowings, long-term borrowings and bond issuances. - FY2021-Q1Consolidated interest-bearing debt and overdraft facilities disclosedAnnual report
「Total overdraft facility limit 1,081,790 thousand yen Borrowings outstanding 81,790 Difference 1,000,000」
Following the start of consolidation, the balance sheet reported ¥499.79 million in short-term borrowings, ¥300 million in bonds and ¥336.75 million in long-term borrowings. The company also disclosed the overdraft facility limit and borrowings outstanding. - FY2020Borrowings, bond issuances and commitment lineAnnual report
「The company currently funds these requirements mainly with internal funds, but also raises part of its funding through interest-bearing debt from financial institutions in addition to internal funds in order to maintain an appropriate level of funds held. During the fiscal year, it repaid ¥550 million in borrowings and ¥50 million in bonds, while raising ¥690 million through borrowings and ¥100 million through a bond issuance. The company has also entered into a ¥1 billion commitment line with its relationship financial institutions to secure stable and flexible access to necessary funds.」
While maintaining an equity-centered funding policy, the company disclosed specific funding through borrowings and bonds, as well as a ¥1 billion commitment line. - FY2020-Q2Repayment equal to short-term borrowingsAnnual report
「Proceeds from short-term borrowings － 350,000 Repayments of short-term borrowings － △ 350,000」
During the six months ended the second quarter, the company drew ¥350 million in short-term borrowings and repaid the same amount. No short-term borrowings balance was reported on the quarter-end balance sheet. - FY2020-Q1Increase in short-term borrowingsAnnual report
「Short-term borrowings － 350,000」
Short-term borrowings increased from zero at the end of the previous fiscal year to ¥350 million at the end of the first quarter. This reflects the company’s established funding policy of using bank borrowings and bond issuances for substantial investments and other purposes. - FY2019-Q3Short-term borrowings and bonds due for redemption within one year recognizedAnnual report
「Bonds due for redemption within one year － 50,000 Short-term borrowings － 100,000」
At the end of the third quarter, the company recognized ¥50 million in bonds due for redemption within one year and ¥100 million in short-term borrowings, neither of which had been recognized at the end of the previous fiscal year. - FY2017ReframedAnnual report
「The company generally uses equity capital to fund working capital for operating activities and capital investments, but its policy is to raise funds through bank borrowings or bond issuances for investments and other purposes requiring substantial funds.」
The company clarified its funding policy, moving from an equity-centered approach to also using bank borrowings and bond issuances for substantial investments. At the end of the fiscal year, the filing reported ¥50 million in bonds and a ¥600 million overdraft facility. - FY2017-Q3Bonds recognizedAnnual report
「Bonds － 50,000」
At the end of the third quarter, the company recognized ¥50 million in bonds and ¥50 million in short-term borrowings. Bonds were added to the funding mix, but the filing does not explain the policy. - FY2017-Q1Recognition of short-term borrowingsAnnual report
「Short-term borrowings － 50,000」
Short-term borrowings increased from zero at the end of the previous fiscal year to ¥50 million as of 30 September 2016. The filing does not explain how this relates to the previously stated funding policy of not raising funds through bank borrowings or other such means. - FY2016First statedAnnual report
「The company uses equity capital to fund working capital for operating activities and capital investments and does not raise funds through bank borrowings or other such means. Excess funds are invested mainly in highly secure financial assets in preparation for future business investments.」
A funding policy centered on equity capital and highly secure financial assets, with no bank borrowings.