Self-Financed Funding and a Conservative, Liquidity-Focused Investment Policy
First written in FY2018. 4 of 8 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Other".
- FY2026Reconfirmation of debt-free managementAnnual report
「At the end of the fiscal year, the company had no debt. Building on this sound financial position, it will work to enhance corporate value through capital investment for future business development and the continuation of stable dividends.」
The company continues to fund operations with internal funds and invest with an emphasis on safety and liquidity, and explicitly states that it had no debt at the end of the fiscal year. - FY2023Reconfirmation of debt-free managementAnnual report
「At the end of the fiscal year, the company had no debt. Building on this sound financial position, it will work to enhance corporate value through capital investment for future business development and the continuation of stable dividends.」
The company explicitly stated that it had no debt at the end of FY2023, indicating a year-end financial position different from the short-term borrowings recorded in the previous quarter. - FY2023-Q1Recognition of Short-Term BorrowingsAnnual report
「This was mainly because income taxes payable decreased by ¥62 million, while the provision for bonuses increased by ¥44 million, short-term borrowings by ¥50 million, and the provision for retirement benefits by ¥10 million.」
Short-term borrowings, which had not been recorded at the end of the previous fiscal year, stood at ¥50 million as of 30 September 2022. The disclosure does not explain the reason for this change or any change in the funding policy previously stated as having no plans to borrow. - FY2022RestatedAnnual report
「With regard to the sources of capital and liquidity, we fund the cash required for operating activities with internal funds and have no plans to borrow. Excess funds are invested mainly in safe, highly liquid financial assets such as time deposits, thereby maintaining liquidity.」
The company continues its policy of funding necessary cash requirements with internal funds, having no plans to borrow, and investing excess funds with an emphasis on safety and liquidity. - FY2021RestatedAnnual report
「With regard to the sources of capital and liquidity, we fund the cash required for operating activities with internal funds and have no plans to borrow. Excess funds are invested mainly in safe, highly liquid financial assets such as time deposits, thereby maintaining liquidity.」
The company continues its policy of funding necessary cash requirements with internal funds, having no plans to borrow, and investing excess funds with an emphasis on safety and liquidity. - FY2020RestatedAnnual report
「With regard to the sources of capital and liquidity, we fund the cash required for operating activities with internal funds and have no plans to borrow. Excess funds are invested mainly in safe, highly liquid financial assets such as time deposits, thereby maintaining liquidity.」
The company continues to indicate its policy of funding necessary cash requirements with internal funds, having no plans to borrow, and investing excess funds with an emphasis on safety and liquidity. - FY2019RestatedAnnual report
「We fund the cash required for operating activities with internal funds and have no plans to borrow. Excess funds are invested mainly in safe, highly liquid financial assets such as time deposits, thereby maintaining liquidity.」
The company continues to indicate its policy of funding necessary cash requirements with internal funds, having no plans to borrow, and investing excess funds with an emphasis on safety and liquidity. - FY2018First statedAnnual report
「We fund the cash required for operating activities with internal funds and have no plans to borrow. Excess funds are invested mainly in safe, highly liquid financial assets such as time deposits, thereby maintaining liquidity.」
The company has, for the first time, explicitly stated its policy of funding the cash required for operating activities with internal funds, with no plans to borrow, and investing excess funds with an emphasis on safety and liquidity, mainly through time deposits.