Liquidity Risk Associated with Settlement of Trade Payables
First written in FY2017. 9 of 24 entries say "Mitigated", first in FY2019. Latest entry: 2026-05-13.
12 other companies' latest entry also says "Mitigated".
- 2026-05-13MitigatedEarnings
「Cash and cash equivalents at the end of the consolidated fiscal year increased by ¥4,101 million from the end of the previous consolidated fiscal year to ¥11,983 million.」
Cash and cash equivalents increased, improving liquidity for the settlement of operating liabilities compared with the end of the previous fiscal year. - FY2024MitigatedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year increased by ¥1,809 million from the end of the previous consolidated fiscal year to ¥8,681 million.」
Cash and cash equivalents increased by ¥1,809 million from the end of the previous fiscal year to ¥8,681 million, improving liquidity from the end of the previous fiscal year. - FY2024-Q3Cash declined, but the balance recovered from the end of the previous fiscal yearAnnual report
「Cash and cash equivalents at the end of the third quarter of the current consolidated cumulative period decreased by ¥721 million from the end of the previous consolidated fiscal year to ¥6,150 million.」
Cash and cash equivalents decreased by ¥721 million from the end of the previous fiscal year, but increased from the end of the previous quarter to ¥6,150 million. - FY2024-Q2Cash declined, but recovered from the first quarterAnnual report
「Cash and cash equivalents at the end of the second quarter of the current consolidated cumulative period decreased by ¥2,109 million from the end of the previous consolidated fiscal year to ¥4,761 million.」
Cash and cash equivalents decreased by ¥2,109 million from the end of the previous fiscal year, but increased from ¥4,107 million at the end of FY2024-Q1. Liquidity indicators are deteriorating from the end of the previous fiscal year. - FY2024-Q1WorsenedAnnual report
「Cash and cash equivalents at the end of the first quarter of the current consolidated cumulative period decreased by ¥2,763 million from the end of the previous consolidated fiscal year to ¥4,107 million.」
Cash and cash equivalents decreased by ¥2,763 million from the end of the previous fiscal year to ¥4,107 million, and the liquidity indicators that had improved at the end of the previous fiscal year deteriorated in the first quarter. - FY2023MitigatedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year increased by ¥737 million from the end of the previous consolidated fiscal year to ¥6,871 million. To secure liquidity, the Company has entered into overdraft facilities and commitment line agreements with 3 banks.」
Cash and cash equivalents increased to ¥6,871 million, with an overdraft facility limit of ¥9,000 million and ¥5,000 million in undrawn commitment lines secured. - FY2023-Q3WorsenedAnnual report
「Cash and cash equivalents at the end of the third quarter of the current consolidated cumulative period decreased by ¥1,349 million from the end of the previous consolidated fiscal year to ¥4,784 million.」
Cash and cash equivalents decreased by ¥1,349 million from the end of the previous fiscal year to ¥4,784 million, and liquidity indicators deteriorated from the improving trend through the previous quarter. No occurrence of insolvency or similar event is reported. - FY2023-Q2MitigatedAnnual report
「Cash and cash equivalents at the end of the second quarter of the current consolidated cumulative period increased by ¥129 million from the end of the previous consolidated fiscal year to ¥4,946 million.」
Cash and cash equivalents increased by ¥129 million from the end of the previous fiscal year to ¥4,946 million, improving liquidity indicators from the decrease recorded at the end of the previous fiscal year as of FY2023-Q1. - FY2023-Q1WorsenedAnnual report
「Cash and cash equivalents at the end of the cumulative first quarter of the current consolidated fiscal year decreased by ¥2,006 million from the end of the previous consolidated fiscal year to ¥4,127 million.」
Cash and cash equivalents decreased by ¥2,006 million from the end of the previous fiscal year to ¥4,127 million. Liquidity indicators deteriorated due to increases in inventories and trade receivables, payments of corporate income taxes and dividends, and other factors. - FY2022MitigatedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year increased by ¥3,287 million from the end of the previous consolidated fiscal year to ¥6,133 million.」
Cash and cash equivalents increased by ¥3,287 million from the end of the previous fiscal year to ¥6,133 million, improving from the tightening liquidity trend through the previous fiscal year. - FY2022-Q3Cash increase narrows but remains above fiscal year-endAnnual report
「Cash and cash equivalents at the end of the cumulative third quarter of the current consolidated fiscal year increased by ¥1,217 million from the end of the previous consolidated fiscal year to ¥4,063 million.」
Cash and cash equivalents increased by ¥1,217 million from the end of the previous consolidated fiscal year to ¥4,063 million, indicating improved liquidity compared with the previous fiscal year-end. - FY2022-Q2MitigatedAnnual report
「Cash and cash equivalents at the end of the cumulative second quarter of the current consolidated fiscal year increased by ¥1,970 million from the end of the previous consolidated fiscal year to ¥4,816 million.」
Cash and cash equivalents increased by ¥1,970 million from the end of the previous consolidated fiscal year to ¥4,816 million, improving from the tightening liquidity trend through the previous fiscal year. - FY2022-Q1MitigatedAnnual report
「Cash and cash equivalents at the end of the cumulative first quarter of the current consolidated fiscal year increased by ¥989 million from the end of the previous consolidated fiscal year to ¥3,836 million.」
Cash and cash equivalents increased by ¥989 million from the end of the previous fiscal year to ¥3,836 million, improving from the tightening liquidity trend that had continued through the previous fiscal year. - FY2021Cash down, short-term borrowings repaid, credit lines maintainedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year decreased by ¥1,142 million from the end of the previous consolidated fiscal year to ¥2,846 million. To ensure funding liquidity, the company has entered into an overdraft agreement with its banks, with an overdraft limit of ¥3,000 million at the end of the current consolidated fiscal year. In addition, the company plans to re-enter into a commitment line agreement, through a syndicated facility, with a total borrowing limit of ¥5,000 million by the end of June 2021.」
While cash and cash equivalents decreased to ¥2,846 million, the company repaid ¥2,000 million in short-term borrowings and disclosed measures to secure liquidity through a ¥3,000 million overdraft facility and ¥5,000 million in commitment lines. - FY2021-Q3WorsenedAnnual report
「Cash and cash equivalents at the end of the cumulative third quarter of the current consolidated fiscal year decreased by ¥1,222 million from the end of the previous consolidated fiscal year to ¥2,766 million.」
Cash and cash equivalents decreased by ¥1,222 million from the end of the previous consolidated fiscal year to ¥2,766 million, while short-term borrowings increased by ¥1,000 million. The company continues to use borrowings to secure liquidity. - FY2021-Q2WorsenedAnnual report
「Cash and cash equivalents at the end of the cumulative second quarter of the current consolidated fiscal year decreased by ¥1,551 million from the end of the previous consolidated fiscal year to ¥2,437 million.」
Cash and cash equivalents decreased by ¥1,551 million from the end of the previous consolidated fiscal year to ¥2,437 million, while short-term borrowings also increased by ¥1,000 million. The company continues to use borrowings to secure liquidity. - FY2021-Q1WorsenedAnnual report
「Cash and cash equivalents at the end of the cumulative first quarter of the current consolidated fiscal year decreased by ¥1,725 million from the end of the previous consolidated fiscal year to ¥2,263 million.」
Cash and cash equivalents decreased by ¥1,725 million from the end of the previous fiscal year to ¥2,263 million. Short-term borrowings also increased by ¥1,000 million, and the company continues to use borrowings to secure liquidity. - FY2020WorsenedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year decreased by ¥1,651 million from the end of the previous consolidated fiscal year to ¥3,989 million.」
Cash and cash equivalents decreased by ¥1,651 million from the end of the previous fiscal year, and short-term borrowings of ¥2,000 million were incurred. The use of borrowings to secure funding liquidity was also observed for the full fiscal year. - FY2020-Q3WorsenedAnnual report
「Cash and cash equivalents at the end of the cumulative third quarter of the current consolidated fiscal year decreased by ¥3,377 million from the end of the previous consolidated fiscal year to ¥2,262 million. Liabilities decreased by ¥594 million from the end of the previous consolidated fiscal year. This was mainly because accounts payable decreased by ¥1,842 million, notes and accounts payable decreased by ¥943 million, and income taxes payable decreased by ¥645 million, despite increases including a ¥3,000 million increase in short-term borrowings.」
Cash and cash equivalents decreased by ¥3,377 million from the end of the previous consolidated fiscal year to ¥2,262 million, while short-term borrowings increased by ¥3,000 million. Reliance on borrowings to secure liquidity has increased. - FY2020-Q2WorsenedAnnual report
「Cash and cash equivalents at the end of the cumulative second quarter of the current consolidated fiscal year decreased by ¥3,550 million from the end of the previous consolidated fiscal year to ¥2,090 million. Liabilities decreased by ¥884 million from the end of the previous consolidated fiscal year. This was mainly because accounts payable decreased by ¥1,995 million and notes and accounts payable decreased by ¥708 million, despite increases including a ¥2,000 million increase in short-term borrowings.」
Cash and cash equivalents decreased by ¥3,550 million to ¥2,090 million, while short-term borrowings increased by ¥2,000 million. Although liquidity indicators changed, no payment default or similar event was reported. - FY2020-Q1MitigatedAnnual report
「At a meeting of the Board of Directors held on 22 May 2019, the company resolved to borrow funds for working capital and executed the borrowing as described below.」
The company drew down a ¥2 billion fixed-rate loan for working capital on 1 July 2019, with repayment due on 30 September. - FY2019MitigatedAnnual report
「To ensure funding liquidity, we have entered into an overdraft agreement with 1 bank and commitment line agreements with 4 banks. At the end of the current consolidated fiscal year, the overdraft limit under these agreements was ¥2,000 million, and the undrawn amount under the commitment line agreements was ¥5,000 million.」
In addition to monthly cash flow planning, measures to secure liquidity through a ¥2,000 million overdraft facility and ¥5,000 million in commitment lines are disclosed. - FY2018RestatedAnnual report
「Current liabilities, including operating liabilities, are exposed to liquidity risk when settled, but the Group manages this risk by preparing monthly cash flow plans and through other measures.」
The company continues to manage liquidity risk through monthly cash flow planning. - FY2017First statedAnnual report
「Current liabilities, including operating liabilities, are exposed to liquidity risk when settled, but we manage this risk by preparing monthly cash flow plans and through other measures.」
Liquidity risk associated with settling current liabilities and management through monthly cash flow planning are explicitly stated for the first time.