Improving financial strength through business restructuring
First written in FY2016-Q3. 14 of 17 entries say "Advanced", first in FY2016. Latest entry: FY2025.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「This was mainly due to a ¥323 million decrease in the net change in short-term borrowings, ¥533 million in proceeds from long-term borrowings, ¥557 million in repayments of long-term borrowings, and ¥85 million in proceeds from the issuance of shares.」
The company raised ¥533 million through long-term borrowings and repaid ¥557 million, while short-term borrowings also decreased by ¥323 million. Amid financing operations involving both borrowing and repayment, the decrease in funds from financing activities was smaller than in the previous fiscal year. - FY2025-H1Additional long-term borrowings alongside repaymentsAnnual report
「Funds provided by financing activities increased by ¥284 million from the end of the previous consolidated fiscal year to ¥97 million, mainly because proceeds from long-term borrowings were ¥400 million while repayments of long-term borrowings were ¥297 million, among other factors.」
The company raised ¥400 million in long-term borrowings while making repayments of ¥297 million, indicating that its financial base improvement measures involve additional financing. - FY2024-Q3AdvancedAnnual report
「Regarding the term loan agreement for which ¥1,706 million was due for repayment in March 2024, we completed refinancing on 29 March 2024 through a new term loan agreement with a refinancing amount of ¥1,600 million and a maturity at the end of March 2028.」
The ¥1,706 million term loan that reached maturity was refinanced into a new agreement with a refinancing amount of ¥1,600 million and a maturity at the end of March 2028. - FY2023-Q2Additional long-term borrowings alongside repaymentsAnnual report
「Proceeds from long-term borrowings were ¥500 million, while repayments of long-term borrowings amounted to ¥323 million, among other factors,」
The company simultaneously raised ¥500 million in long-term borrowings and repaid ¥323 million, indicating that its financial base improvement measures involve additional financing as well as refinancing and repayments. - FY2022AdvancedAnnual report
「We have entered into loan agreements totaling ¥500 million with multiple financial institutions to fund working capital after the end of the current consolidated fiscal year and ensure sufficient liquidity.」
After progressing with repayments of long-term borrowings and lease liabilities, the company entered into ¥500 million loan agreements with multiple financial institutions after the fiscal year-end, putting measures to secure working capital into effect. - FY2020AdvancedAnnual report
「By 15 October 2020, we had completed discussions with the lending financial institutions regarding all borrowings maturing in March 2021. As described under "Significant Subsequent Events," we secured stable long-term funding through a term loan agreement for refinancing, with a refinancing amount of ¥3,009 million, and secured liquidity through new financing executed on 15 October 2020, with borrowings of ¥800 million.」
The company completed discussions regarding all borrowings maturing in March 2021 and advanced its financial base improvement measures to the stage of executing ¥3,009 million in refinancing and ¥800 million in new financing. - FY2020-Q1AdvancedAnnual report
「Fixed liabilities were ¥3,392 million, a decrease of ¥88 million. The main factor was a ¥98 million decrease in long-term borrowings, among others.」
Long-term borrowings decreased by ¥98 million from the end of the previous consolidated fiscal year, marking further progress in improving the company's financial position. - FY2018AdvancedAnnual report
「In financing activities, we completed refinancing to improve cash management and stabilize long-term funding. We also strengthened our capital by ¥556 million through a third-party allotment to support future growth and worked to strengthen our financial base.」
In addition to completing the refinancing, the company completed a ¥556 million capital increase through a third-party allotment and continued strengthening its financial base. - FY2018-Q3AdvancedAnnual report
「As announced on 13 April 2018, we completed the refinancing on 13 April 2018 and fully repaid the existing borrowings and bonds on the same date.」
The company completed the refinancing and fully repaid its existing borrowings and bonds, advancing to the implementation stage of its financial position improvement measures. - FY2018-Q2AdvancedAnnual report
「As announced on 13 April 2018, we completed the refinancing on 13 April 2018 and fully repaid the existing borrowings and bonds on the same date.」
The company completed refinancing involving the full repayment of existing borrowings and bonds. It proceeded with refinancing through a term loan to improve cash management and stabilize long-term funding. - FY2018-Q1AdvancedAnnual report
「The main factors were a ¥427 million decrease in borrowings and a ¥59 million decrease in accrued expenses, among others.」
Borrowings at the end of the first quarter decreased by ¥427 million from the end of the previous consolidated fiscal year, demonstrating progress in improving the company's financial position. - FY2017AdvancedAnnual report
「While ¥1,300 million was raised through long-term borrowings, ¥1,556 million of long-term borrowings was repaid and ¥57 million of lease liabilities was paid, among other factors.」
For the full fiscal year, repayment of ¥1,556 million in long-term borrowings exceeded new borrowings of ¥1,300 million, reducing the balance of borrowings by ¥256 million from the end of the previous fiscal year. - FY2017-Q3AdvancedAnnual report
「Total liabilities were ¥5,645 million, a decrease of ¥283 million from the end of the previous consolidated fiscal year. The main factors were a ¥191 million decrease in borrowings and a ¥39 million decrease in accrued expenses, among others.」
Borrowings decreased by ¥191 million from the end of the previous consolidated fiscal year, marking further progress in reducing interest-bearing debt. - FY2017-Q2AdvancedAnnual report
「The decrease in funds from financing activities was ¥152 million, down 75.7% year on year. This was mainly because, although ¥702 million was raised through long-term borrowings, ¥811 million of long-term borrowings was repaid and ¥33 million of lease liabilities was paid, among other factors.」
The company repaid ¥811 million of long-term borrowings and raised ¥702 million through new long-term borrowings, resulting in a ¥109 million decrease in borrowings from the end of the previous consolidated fiscal year. - FY2017-Q1AdvancedAnnual report
「The main factors were a ¥409 million decrease in borrowings, a ¥21 million increase in asset retirement obligations, and a ¥19 million increase in accrued expenses, among others.」
Borrowings decreased by ¥409 million from the end of the previous consolidated fiscal year, demonstrating progress in reducing interest-bearing debt. - FY2016AdvancedAnnual report
「Since the previous consolidated fiscal year, we have been concentrating management resources on the karaoke room operations business and thoroughly reducing interest-bearing debt to improve our financial position,」
The company continued to improve its financial position and repaid ¥3,670 million in long-term borrowings. - FY2016-Q3First statedAnnual report
「In the previous consolidated fiscal year, we merged, dissolved and sold consolidated subsidiaries and took other measures to improve our financial position while concentrating the business on our core karaoke room operations business.」
The company presents the merger, dissolution and sale of subsidiaries as measures to improve its financial position.