Financing Policy Based on Operating Cash Flow
First written in FY2016. 10 of 19 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As of March 2026, short-term borrowings stood at ¥2.9 billion, while long-term borrowings, including current maturities, stood at ¥4,014 million. At the end of the fiscal year, the Company had entered into a syndicated commitment line agreement totaling ¥5 billion, with a drawn balance of ¥2.7 billion and an undrawn balance of ¥2.3 billion, and syndicated term loan agreements totaling ¥4.5 billion, with a drawn balance of ¥4,014 million and an undrawn balance of ¥486 million, with multiple financial institutions.」
The Company discloses short-term borrowings of ¥2.9 billion, long-term borrowings of ¥4,014 million, and the drawn balances under its commitment line and term loan, based on a policy of using operating cash flow as the primary source of funds and covering any shortfall with borrowings. - FY2026-H1AdvancedAnnual report
「Total commitment line under syndicated agreement ¥5,000 million Drawn balance ¥1,200 million Undrawn balance ¥3,800 million Syndicated term loan agreement Drawn balance ¥4,460 million」
The drawn balance under the commitment line was ¥1,200 million and the drawn balance under the term loan was ¥4,460 million, indicating progress in debt financing. - FY2025-H1AdvancedAnnual report
「Total loan commitments ¥5,000 million ¥5,000 million Drawn borrowings 3,100,000 3,800,000 Undrawn amount 1,900,000 1,200,000」
In line with its policy of using operating cash flow as the primary source of funding and covering any shortfall with borrowings, drawn loan commitments increased from ¥3.1 billion to ¥3.8 billion. - FY2024AdvancedAnnual report
「As of March 2024, short-term borrowings totaled ¥3.1 billion. At the end of the current consolidated fiscal year, the company had entered into commitment line agreements totaling ¥5 billion with multiple financial institutions. (Drawn borrowings: ¥3.1 billion; undrawn borrowings: ¥1.9 billion)」
Under its policy of using operating cash flow as the primary source of funding and covering any shortfall with borrowings, the company increased total commitment lines from ¥4 billion in the previous fiscal year to ¥5 billion. Drawn borrowings totaled ¥3.1 billion. - FY2024-Q3RestatedAnnual report
「Total loan commitments ¥4,000 million Drawn borrowings 3,100,000 Undrawn amount 900,000」
The company continues to maintain loan commitment agreements intended for treasury share acquisitions and the efficient procurement of working capital, totaling ¥4 billion, with ¥3.1 billion drawn and ¥900 million undrawn. - FY2024-Q2RestatedAnnual report
「Total loan commitments ¥4,000 million Drawn borrowings 3,100,000 Undrawn amount 900,000」
The company continues to maintain loan commitment agreements intended for treasury share acquisitions and the efficient procurement of working capital, totaling ¥4 billion, with ¥3.1 billion drawn and ¥900 million undrawn. - FY2024-Q1RestatedAnnual report
「Total loan commitments ¥4,000 million Drawn borrowings 3,100,000 Undrawn amount 900,000」
The company continues to maintain loan commitment agreements intended for treasury share acquisitions and the efficient procurement of working capital, totaling ¥4 billion, with ¥3.1 billion drawn and ¥900 million undrawn. - FY2023AdvancedAnnual report
「As of March 2023, short-term borrowings totaled ¥3.1 billion. At the end of the current consolidated fiscal year, the company had entered into commitment line agreements totaling ¥4 billion with multiple financial institutions. (Drawn borrowings: ¥3.1 billion; undrawn borrowings: ¥900 million)」
Under its policy of using operating cash flow as the primary source of funding and covering any shortfall with borrowings, both short-term borrowings and drawn commitment lines increased from ¥2.5 billion in the previous fiscal year to ¥3.1 billion. - FY2023-Q3AdvancedAnnual report
「Total loan commitments ¥4,000 million Drawn borrowings 3,100,000 Undrawn amount 900,000」
Under the loan commitment agreements intended for treasury share acquisitions and the efficient procurement of working capital, drawn borrowings increased from ¥2.5 billion at the end of the previous consolidated fiscal year to ¥3.1 billion. - FY2022AdvancedAnnual report
「As of March 2022, short-term borrowings totaled ¥2.5 billion. At the end of the current consolidated fiscal year, the company had entered into commitment line agreements totaling ¥4 billion with multiple financial institutions. (Drawn borrowings: ¥2.5 billion; undrawn borrowings: ¥1.5 billion)」
Under its policy of using operating cash flow as the primary source of funding and covering any shortfall with borrowings, short-term borrowings totaled ¥2.5 billion, while drawn commitment lines increased from ¥1 billion at the end of the previous fiscal year to ¥2.5 billion. - FY2022-Q3AdvancedAnnual report
「Total loan commitments ¥4,000 million Drawn borrowings 2,500,000 Undrawn amount 1,500,000」
Under the loan commitment agreements intended for treasury share acquisitions and the efficient procurement of working capital, drawn borrowings totaled ¥2.5 billion. This was an increase from ¥1 billion at the end of the previous consolidated fiscal year. - FY2022-Q1RestatedAnnual report
「The company has entered into loan commitment agreements with 2 transaction banks to facilitate the acquisition of treasury shares and the efficient procurement of working capital.」
The company continues to maintain loan commitment agreements with banks for treasury share acquisitions and working capital funding. The total amount is ¥4 billion, of which ¥1 billion has been drawn. - FY2021-Q2AdvancedAnnual report
「Net cash provided by financing activities was ¥702 million, an increase of ¥1.071 billion from the same quarter of the previous year. This was mainly attributable to ¥1 billion in proceeds from short-term borrowings and ¥263 million in dividend payments.」
In line with its policy of using operating cash flow as the primary source of funding and covering any shortfall with borrowings, the company raised ¥1 billion through short-term borrowings during the cumulative second quarter. - FY2019RestatedAnnual report
「The group uses funds generated from operating cash flow for working capital and capital expenditures, with bank borrowings providing any shortfall.」
The company continues its funding policy of using operating cash flow as the primary source and covering any shortfall with bank borrowings. Operating activities generated ¥2.318 billion in cash during the fiscal year. - FY2018RestatedAnnual report
「The group uses funds generated from operating cash flow for working capital and capital expenditures, with bank borrowings providing any shortfall.」
The company continues its funding policy of using operating cash flow as the primary source and covering any shortfall with bank borrowings. - FY2017RestatedAnnual report
「The group uses funds generated from operating cash flow for working capital and capital expenditures, with bank borrowings providing any shortfall.」
The company continues its funding policy of using operating cash flow as the primary source and covering any shortfall with bank borrowings. - FY2016First statedAnnual report
「The group uses funds generated from operating cash flow for working capital and capital expenditures, with bank borrowings providing any shortfall.」
The company states that operating cash flow is the primary source of funding for working capital and capital expenditures, with bank borrowings covering any shortfall. It limits the investment of funds to highly secure financial products that generally carry no risk of loss of principal.