Securing Stable Funding and Financial Flexibility
First written in FY2019. 3 of 7 entries say "Raised", first in FY2020. Latest entry: FY2025.
55 other companies' latest entry also says "Other".
- FY2025Elimination of Outstanding Drawings under the Commitment LineAnnual report
「To raise working capital efficiently, the Company has entered into a commitment line agreement (specified lending facility) with its relationship banks for ¥50 billion. There was no outstanding borrowing under the commitment line agreement at the end of the consolidated fiscal year.」
The Company maintained the total commitment line at ¥50 billion, while the outstanding borrowings recorded at the end of the previous quarter fell to zero at fiscal year-end. - FY2025-H1AdvancedAnnual report
「Net cash provided by financing activities amounted to an increase of ¥1.3 billion, compared with a decrease of ¥1.7 billion in the same period of the previous year, as factors increasing cash, including a net increase in short-term borrowings of ¥4.9 billion and proceeds from long-term borrowings of ¥3.9 billion, exceeded factors decreasing cash, including dividend payments of ¥4.8 billion and repayments of long-term borrowings of ¥2.3 billion.」
Cash flow from financing activities turned from a ¥1.7 billion decrease in the same period of the previous year to a ¥1.3 billion increase, driven by an increase in short-term borrowings and proceeds from long-term borrowings. - FY2024-Q3RaisedAnnual report
「Total lending commitments 30,000 50,000 ¥ million Outstanding borrowings － 37,000 Available amount 30,000 13,000」
The Company increased the total commitment line from ¥30 billion at the end of the previous consolidated fiscal year to ¥50 billion. Meanwhile, it had drawn ¥37 billion as of the end of the third quarter, leaving ¥13 billion undrawn. - FY2023RaisedAnnual report
「To obtain working capital efficiently, the Company has entered into a ¥30 billion commitment line (specified lending facility) agreement with its relationship banks.」
The Company increased the commitment line from ¥15 billion in the previous fiscal year to ¥30 billion and stated that there were no outstanding borrowings under the facility. - FY2021SoftenedAnnual report
「The Company renewed on 31 May 2021 the commitment line agreement, which had been increased to ¥100 billion with a one-year term on 29 May 2020 as a precaution against unforeseen circumstances related to the spread of COVID-19, reducing the commitment amount to its previous level of ¥15 billion.」
The Company renewed the commitment line agreement on 31 May 2021, reducing it from ¥100 billion to ¥15 billion after having increased it as a precaution against unforeseen circumstances. - FY2020RaisedAnnual report
「The Company cancelled the existing commitment line agreement, with a commitment amount of ¥15 billion, before its expiry on 29 May 2020 and entered into a new commitment line agreement on the same date with a commitment amount of ¥100 billion and a one-year term.」
The Company has substantially increased the commitment line limit from ¥15 billion at the end of the fiscal year to ¥100 billion, strengthening its funding capacity in preparation for unforeseen circumstances. - FY2019First statedAnnual report
「To secure a stable supply of funds necessary to maintain and expand the business activities of the Group, the Company raises funds through the use of internal funds, borrowings from financial institutions, and the issuance of bonds. To obtain working capital efficiently, the Company has entered into a ¥10 billion commitment line agreement with its relationship banks.」
The Company secures stable funding through a combination of internal funds, bank borrowings, and bond issuance, and uses a ¥10 billion commitment line as a means of maintaining financial flexibility.