Funding Constraints
First written in FY2016. 5 of 11 entries say "Restated". Latest entry: FY2026.
18 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥1,303.383 million, while cash and deposits stood at ¥2,077.765 million, equivalent to 2.1 months of average monthly sales, indicating that sufficient liquidity has been secured.」
Liquidity on hand improved from 2.0 months of average monthly sales in the previous disclosure to 2.1 months, while cash flow from operating activities was an inflow of ¥471.662 million. - FY2025WorsenedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥1,229.328 million, while cash and deposits stood at ¥1,904.103 million, equivalent to 2.0 months of average monthly sales, indicating that sufficient liquidity has been secured.」
While indicating that liquidity had been secured, the company reported that liquidity on hand had declined from the 2.7 months disclosed previously to 2.0 months, and that interest-bearing debt stood at ¥1,229.328 million. - FY2024-Q2MitigatedAnnual report
「Cash provided by operating activities was ¥297.169 million, compared with cash used of ¥57.791 million in the same period of the previous year.」
Cash flow from operating activities turned from an outflow of ¥57.791 million in the same period of the previous year to an inflow of ¥297.169 million. Cash and cash equivalents at the quarter-end stood at ¥751.611 million, indicating improved financial capacity to address funding constraints. - FY2023RestatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥1,183.178 million, while cash and deposits stood at ¥1,890.849 million, equivalent to 2.7 months of average monthly sales, indicating that sufficient liquidity has been secured.」
The company maintained its policy of raising funds from multiple financial institutions and reported cash and deposits of ¥1,890.849 million, equivalent to 2.7 months of average monthly sales in liquidity. - FY2022MitigatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥1,143.881 million, while cash and deposits stood at ¥1,722.655 million, equivalent to 2.9 months of average monthly sales, indicating that sufficient liquidity has been secured.」
Although interest-bearing debt increased, the company reported cash and deposits equivalent to 2.9 months of average monthly sales and indicated that it had secured capacity to address funding constraints. - FY2021RestatedAnnual report
「In raising funds, our group continues to maintain friendly relationships with multiple financial institutions without relying on any particular institution.」
The company continues to pursue a funding policy based on maintaining relationships with multiple financial institutions. - FY2021-Q1MitigatedAnnual report
「To secure flexible and stable sources of working capital if the impact of the COVID-19 pandemic were to continue for an extended period, we entered into commitment line agreements with the following financial institutions on 31 July 2020.」
Entered into unsecured and unguaranteed commitment line agreements totalling ¥500 million with 2 financial institutions in preparation for financing constraints resulting from a prolonged COVID-19 pandemic. - FY2019RestatedAnnual report
「When obtaining financing, we maintain friendly relationships with multiple financial institutions without relying on any particular institution. However, if financing is disrupted for any reason, this could hinder our business expansion.」
Continues to disclose the risk of financing constraints while assuming the maintenance of relationships with multiple financial institutions. - FY2018RestatedAnnual report
「When obtaining financing, we maintain friendly relationships with multiple financial institutions without relying on any particular institution. However, if financing is disrupted for any reason, this could hinder our business expansion.」
Continues to disclose the risk of financing constraints while assuming the maintenance of relationships with multiple financial institutions. - FY2017RestatedAnnual report
「We maintain friendly relationships with multiple financial institutions without relying on any particular institution. However, if financing is disrupted for any reason, this could hinder our business expansion.」
Continues to disclose the risk of financing constraints while assuming the maintenance of relationships with multiple financial institutions. - FY2016First statedAnnual report
「If financing is disrupted for any reason, this could hinder our Group’s business expansion.」
Discloses the risk of being unable to obtain financing while assuming the maintenance of relationships with multiple financial institutions.