Securing Funding Sources and Maintaining a Lean Balance Sheet for Sustainable Growth
First written in FY2016. 4 of 8 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2024.
The whole theme swung hardest in 2024: 3 of 34 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The group's financial policy is to secure sufficient funding to enable sustainable growth over the medium to long term and to strengthen its balance sheet.」
The company continues its financial policy of securing funding for sustainable growth, strengthening operating cash flow, avoiding excessive investment and maintaining a lean balance sheet. - FY2019RestatedAnnual report
「With regard to financing, the company aims to secure funding for investment by adopting flexible measures that emphasize the cost of capital for medium- to long-term and short-term investments, respectively. It will also continue to strengthen cash flow from operating activities and secure borrowing facilities from financial institutions to meet spot funding needs in order to sustain the group's growth.」
The company reaffirmed its financial policy of flexible financing that emphasizes the cost of capital, strengthening operating cash flow and securing borrowing facilities. - FY2019-Q1AdvancedAnnual report
「The balance of current liabilities decreased by ¥151.670 million from the end of the previous consolidated fiscal year to ¥3,012.966 million. The main factors were a ¥416.043 million increase in accounts payable, partly offset by decreases of ¥500.000 million in short-term borrowings and ¥70.189 million in accrued corporate taxes and other taxes payable.」
Short-term borrowings decreased by ¥500.000 million from ¥800.000 million to ¥300.000 million, documenting a specific change toward a financial position with limited liabilities. - FY2018Short-term borrowings incurredAnnual report
「Funds increased through financing activities amounted to ¥591.246 million, compared with a decrease of ¥204.551 million in the previous consolidated fiscal year. The main components were ¥800.000 million in proceeds from short-term borrowings, ¥75.455 million in repayments of long-term borrowings, ¥146 thousand in payments for the acquisition of treasury shares, ¥3.494 million in proceeds from the disposal of treasury shares and ¥133.850 million in dividend payments.」
Although the company maintains a financial policy of limiting interest-bearing debt, funds from financing activities increased during the fiscal year due to ¥800.000 million in short-term borrowings. - FY2018-Q3AdvancedAnnual report
「The balance of non-current liabilities decreased by ¥4.768 million from the end of the previous consolidated fiscal year to ¥23.503 million. The main reason for the change was a ¥3.006 million reduction in long-term borrowings.」
The balance of non-current liabilities and long-term borrowings decreased further from the end of the previous consolidated fiscal year, documenting progress toward a financial position with limited liabilities. - FY2018-Q2AdvancedAnnual report
「The balance of non-current liabilities decreased by ¥3.346 million from the end of the previous consolidated fiscal year to ¥24.926 million. The main reason for the change was a ¥2.004 million reduction in long-term borrowings.」
Non-current liabilities and long-term borrowings decreased from the end of the previous consolidated fiscal year, documenting progress toward a financial position with limited liabilities. - FY2017-Q3AdvancedAnnual report
「The balance of non-current liabilities decreased by ¥366.046 million from the end of the previous consolidated fiscal year to ¥26.184 million. The main reason for the decrease was a ¥332.422 million reduction in long-term borrowings.」
The substantial decrease in non-current liabilities due to the reduction in long-term borrowings was identified as progress related to the financial policy of maintaining a lean balance sheet. - FY2016First statedAnnual report
「The group's financial policy is to secure sufficient funding to enable sustainable growth over the medium to long term and to strengthen its balance sheet.」
The financial policy comprises strengthening operating cash flow, securing borrowing facilities from financial institutions, avoiding excessive investment and maintaining a balance sheet with limited interest-bearing debt.