¥400 Million Borrowing from First Link Inc Limited
First written in FY2022. 1 of 4 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023AchievedAnnual report
「Cash flows from financing activities Proceeds from short-term borrowings 400,000 Repayment of short-term borrowings △ 400,000」
For the ¥400 million short-term borrowing from First Link Inc Limited, borrowing of ¥400 million and repayment of the same amount were disclosed during the consolidated fiscal year, completing repayment of the borrowing. - FY2023-Q2Partial repayment of short-term borrowingsAnnual report
「The breakdown of proceeds was ¥400 million from short-term borrowings and ¥303 million from the issuance of shares upon the exercise of share acquisition rights. The breakdown of expenditures was ¥249 million for the repayment of short-term borrowings.」
Of the ¥400 million in short-term borrowings, ¥249 million was repaid during the cumulative second quarter, leaving short-term borrowings of ¥150.012 million at the end of the quarter. - FY2023-Q1AdvancedAnnual report
「The substantial increase in total assets and substantial decline in the equity ratio at the end of the cumulative first quarter of the 24th fiscal year were mainly attributable to ¥400 million in external borrowings.」
The ¥400 million borrowing from First Link Inc Limited has been reflected on the balance sheet as completed financing, increasing total assets and reducing the equity ratio. - FY2022First statedAnnual report
「Lender: First Link Inc Limited Borrowing amount: ¥400 million Borrowing date: 29 March 2022 Maturity date: 29 June 2022 (Automatically extended for 3 months on the same terms unless the lender requests repayment.)」
The borrowing of ¥400 million from First Link Inc Limited, our de facto major shareholder, to fund part of the EV manufacturing outsourcing costs has been disclosed for the first time as a subsequent event.