Funding Primarily Through Internal Funds
First written in FY2016. 8 of 22 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
Gurunavi moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
35 other companies' latest entry also says "Other".
- FY2026Conversion of short-term borrowings to long-term borrowings and conversion of the facility to an uncommitted arrangementAnnual report
「Following the return to profitability in the previous consolidated fiscal year, the company refinanced the ¥1,200 million in short-term borrowings raised in February 2025 with long-term borrowings. It also changed the ¥3,000 million commitment line established in September 2024 to an uncommitted line.」
Within its financing structure, which relies primarily on internal funds while also using external financing, the company refinanced short-term borrowings with long-term borrowings and changed the commitment line to an uncommitted line. - 2026-06-02ReframedGeneral Meetings of Shareholders
「We agreed to terminate the commitment line agreement without renewing it, as it served as a standby funding facility.」
The company reviewed its external funding structure and standby funding facilities by refinancing short-term borrowings with long-term borrowings and ending the commitment line agreement without renewal. - FY2026-H1SoftenedAnnual report
「Following the return to profitability in the previous consolidated fiscal year, the company refinanced the ¥1,200 million in short-term borrowings raised in February 2025 with long-term borrowings. It also changed the ¥3,000 million commitment line established in September 2024 to an uncommitted line.」
With respect to external financing, the company refinanced short-term borrowings with long-term borrowings and changed the ¥3,000 million commitment line to an uncommitted line. - FY2025SoftenedAnnual report
「Liabilities at the end of the current consolidated fiscal year increased by ¥877 million from the end of the previous consolidated fiscal year to ¥6,150 million, mainly because of the short-term borrowing described above.」
While maintaining its policy of relying primarily on internal funds, the company raised ¥1.2 billion in short-term borrowings to fund the full acquisition and cancellation of its Class A preferred shares. The total commitment line declined from ¥5 billion to ¥3 billion. - FY2025-H1SoftenedAnnual report
「Total lending commitments ¥5,000 million ¥3,000 million Borrowings drawn — — Balance ¥5,000 million ¥3,000 million」
The total commitment line declined to ¥3 billion from ¥5 billion at the end of the previous fiscal year. Borrowings drawn remained zero. - FY2024-Q3AdvancedAnnual report
「Total lending commitments: ¥5,000 million Borrowings drawn: — Balance: ¥5,000 million」
The total commitment line increased to ¥5 billion from ¥4 billion at the end of the previous fiscal year. Borrowings drawn were zero, while the company maintained capacity for external financing alongside its reliance on internal funds. - FY2024-Q2AdvancedAnnual report
「Total lending commitments: ¥5,000 million Borrowings drawn: — Balance: ¥5,000 million」
The total commitment line increased to ¥5 billion from ¥4 billion at the end of the previous fiscal year. Borrowings drawn remained zero, while the company maintained capacity for external financing alongside its reliance on internal funds. - FY2023-Q3AdvancedAnnual report
「Amid the continuing uncertain business environment in the current fiscal year, we considered it important to further enhance working capital and strengthen our financial position, and in August we raised ¥2,200 million through a capital-subordinated loan from The Shoko Chukin Bank, Ltd.」
Under a policy of relying primarily on internal funds while also using external financing, the company raised ¥2.2 billion through a capital-subordinated loan in August. - FY2023-Q2AdvancedAnnual report
「Amid the continuing uncertain business environment in the current fiscal year, we considered it important to further enhance working capital and strengthen our financial position, and in August we raised ¥2,200 million through a capital-subordinated loan from The Shoko Chukin Bank, Ltd.」
Under a policy of relying primarily on internal funds while also using external financing, the company raised ¥2.2 billion through a capital-subordinated loan in August. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 3 August 2022, the company resolved to borrow a capital-subordinated loan as described below.」
Under a policy of relying primarily on internal funds while also using external financing, the company resolved to borrow a ¥2.2 billion capital-subordinated loan as long-term working capital. The drawdown date was scheduled for 22 August 2022, and the maturity date was set for 20 August 2028. - FY2022RestatedAnnual report
「We basically use internal funds for financing, but in anticipation of changes in the business environment, we obtain external financing as appropriate.」
The company has reaffirmed its policy of relying primarily on internal funds while also using external financing depending on the business environment. The commitment line stood at ¥4 billion at fiscal year-end, with no borrowings drawn. - FY2022-Q2SoftenedAnnual report
「In addition, to strengthen our financial position and secure funds for investment in recovery and renewed growth and for working capital, we have secured financing through the issuance of ¥3.3 billion in common shares by way of a third-party allotment (paid in on 4 October 2021), the issuance of ¥1.7 billion in Class A preferred shares by way of a third-party allotment (payment date scheduled for 10 December 2021), and a ¥4 billion syndicated commitment line, among other means.」
The company shifted from its previous policy of relying primarily on internal funds toward financing that combines third-party allotments of common and preferred shares with a commitment line. The commitment line declined to ¥4 billion from ¥15 billion at the end of the previous fiscal year, and there were no borrowings drawn. - FY2022-Q1SoftenedAnnual report
「Total loan commitments: ¥7,000 million; borrowings outstanding: —; available balance: ¥7,000 million」
While the balance of borrowings drawn was zero, the total lending commitment declined to ¥7 billion from ¥15 billion at the end of the previous fiscal year. - FY2021-Q3AdvancedAnnual report
「Total loan commitments ¥15,000 million Borrowings outstanding — Available balance ¥15,000 million」
The total commitment line increased from ¥6 billion at the end of the previous consolidated fiscal year to ¥15 billion, while borrowings outstanding were zero. The company continued strengthening its funding arrangements in preparation for a prolonged impact from COVID-19. - FY2020AdvancedAnnual report
「In May 2020, to strengthen flexible and stable funding arrangements in preparation for a prolonged impact on the business from the spread of COVID-19, the company increased its total commitment line with financial institutions from ¥6 billion to ¥12 billion.」
While maintaining its policy of relying primarily on internally generated funds, the company doubled its commitment line from ¥6 billion to ¥12 billion in preparation for a prolonged spread of COVID-19. - FY2020-Q2RestatedAnnual report
「To improve the flexibility and stability of its funding, the company has entered into a term-out commitment line agreement with 3 transaction banks. The undrawn balance under this agreement is as follows.」
The company maintained a ¥6,000 million commitment line, and borrowings outstanding at the end of September 2019 were zero. This reconfirmed the company's funding position as consistent with its policy of relying primarily on internally generated funds. - FY2020-Q1RestatedAnnual report
「To improve the flexibility and stability of its funding, the company has entered into a term-out commitment line agreement with 3 transaction banks. The undrawn balance under this agreement is as follows.」
While relying primarily on internally generated funds, the company maintained a ¥6,000 million commitment line, and borrowings outstanding at the end of June 2019 were zero. - FY2019RestatedAnnual report
「The group uses internally generated funds for working capital and capital expenditures.」
The company maintained its policy of funding working capital and capital expenditures with internally generated funds, and the ¥6,000 million commitment line had no borrowings outstanding. - FY2019-Q2RestatedAnnual report
「To improve the flexibility and stability of its funding, the company has entered into a term-out commitment line agreement with 3 transaction banks. The undrawn balance under this agreement is as follows.」
While relying primarily on internally generated funds, the company maintained a commitment line of ¥6 billion, rather than ¥6,000 million, and borrowings outstanding at the end of September were ¥0. - FY2019-Q1AdvancedAnnual report
「The company had entered into overdraft limit and loan commitment agreements with 3 transaction banks, but switched to a term-out commitment line agreement during the first quarter of the current consolidated fiscal year to improve the flexibility and stability of its funding.」
While relying primarily on internally generated funds, the company changed the facility structure to improve funding flexibility and stability and increased the total commitment from ¥4.5 billion to ¥6.0 billion. There were no outstanding borrowings. - FY2018RestatedAnnual report
「The group uses internally generated funds for working capital and capital expenditures.」
The company reconfirmed its policy of funding working capital and capital expenditures with internally generated funds. There were no outstanding borrowings at the end of the period, and the ¥4,500 million commitment facility was undrawn. - FY2016First statedAnnual report
「The company is using internally generated funds to finance its funding needs.」
The ¥4,500 million overdraft and loan commitment facilities at the end of the year were undrawn, and financing activities mainly consisted of dividend payments.