Securing Liquidity Through COVID-19-Related Borrowings
First written in FY2020. 2 of 18 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2026: 7 of 50 companies on the "Worse" side.
21 other companies' latest entry also says "Other".
- FY2026Continued repayment of long-term borrowingsAnnual report
「Cash used in financing activities during the current consolidated fiscal year was ¥2,237 million, compared with ¥1,054 million used in the previous fiscal year. This was mainly due to expenditures of ¥1,513 million for the acquisition of treasury shares, ¥600 million for repayments of long-term borrowings, and ¥124 million in dividend payments.」
We repaid ¥600 million in long-term borrowings, reducing the balance including the current portion from ¥1.6 billion to ¥1 billion. The drawn balance under the overdraft facility remained zero. - FY2026-H1Repayment of long-term borrowingsAnnual report
「Cash used in financing activities during the current interim consolidated fiscal period was ¥1,937 million, compared with ¥1,854 million used in the same period of the previous year. This was mainly due to expenditures of ¥1,512 million for the acquisition of treasury shares and ¥300 million for repayments of long-term borrowings.」
In addition to acquiring treasury shares, we repaid ¥300 million in long-term borrowings. Long-term borrowings decreased from ¥1 billion at the end of the previous fiscal year to ¥700 million. - FY2025Long-term borrowings increasedAnnual report
「This was because there were proceeds of ¥1 billion from long-term borrowings, while there were expenditures of ¥1,512 million for the acquisition of treasury shares, ¥400 million for repayments of long-term borrowings, and ¥140 million in dividend payments.」
We drew ¥1 billion in long-term borrowings, increasing long-term borrowings including the current portion from ¥1 billion at the end of the previous fiscal year to ¥1.6 billion. The funding structure changed from continued repayments to increased financing. - FY2025-H1Further repayment of long-term borrowingsAnnual report
「Current liabilities at the end of the current interim consolidated fiscal period totaled ¥3,686 million, down 5.9% from the end of the previous consolidated fiscal year, consisting mainly of accounts payable of ¥1,004 million, the current portion of long-term borrowings of ¥400 million, and other payables of ¥1,199 million. Non-current liabilities totaled ¥1,761 million, down 11.1%, consisting mainly of long-term borrowings of ¥400 million and asset retirement obligations of ¥806 million. Total liabilities were ¥5,448 million, down 7.7%. This was mainly due to a ¥200 million decrease in long-term borrowings.」
Long-term borrowings, including the current portion, decreased from ¥1,600 million at the end of the previous fiscal year to ¥1,200 million, and repayments continued. The drawn balance under the overdraft facility remained zero. - FY2024Further repayment of long-term borrowingsAnnual report
「The status of borrowings and other debt at the end of the current consolidated fiscal year was as follows. Long-term borrowings due within one year 400 Long-term borrowings, excluding amounts due within one year 600 Total 1,001」
Borrowings including the current portion decreased from ¥1,647 million at the end of the previous fiscal year to ¥1,001 million, and repayments of long-term borrowings continued. The ¥300 million overdraft limit and zero drawn balance were maintained. - FY2024-Q3Further repayment of long-term borrowingsAnnual report
「Current liabilities at the end of the third quarter of the current consolidated fiscal period totaled ¥3,762 million, up 8.3% from the end of the previous consolidated fiscal year, consisting mainly of accounts payable of ¥1,085 million, the current portion of long-term borrowings of ¥460 million, and other payables of ¥1,094 million. Non-current liabilities totaled ¥2,082 million, down 13.7%, consisting mainly of long-term borrowings of ¥700 million and asset retirement obligations of ¥817 million. Total liabilities were ¥5,845 million, down 0.7%. This was mainly due to a ¥124 million increase in income taxes payable, a ¥180 million decrease in the current portion of long-term borrowings, and a ¥300 million decrease in long-term borrowings.」
Long-term borrowings, including the current portion, decreased from ¥1,640 million at the end of the previous fiscal year to ¥1,160 million, and repayments of long-term borrowings continued. - FY2024-Q2Further repayment of long-term borrowingsAnnual report
「Current liabilities at the end of the second quarter of the current consolidated fiscal period totaled ¥3,467 million, down 0.2% from the end of the previous consolidated fiscal year, consisting mainly of accounts payable of ¥903 million, the current portion of long-term borrowings of ¥520 million, and other payables of ¥1,053 million. Non-current liabilities totaled ¥2,174 million, down 9.9%, consisting mainly of long-term borrowings of ¥800 million and asset retirement obligations of ¥795 million. Total liabilities were ¥5,642 million, down 4.2%. This was mainly due to a ¥200 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥200 million from the end of the previous consolidated fiscal year, leaving a balance of ¥1,320 million including the current portion. Financing activities included ¥320 million in repayments of long-term borrowings. - FY2024-Q1Further repayment of long-term borrowingsAnnual report
「Non-current liabilities totaled ¥2,275 million, down 5.6%, consisting mainly of long-term borrowings of ¥900 million and asset retirement obligations of ¥800 million. Total liabilities were ¥5,763 million, down 2.1%. This was mainly due to a ¥100 million decrease in long-term borrowings.」
Long-term borrowings decreased from ¥1,640 million at the end of the previous fiscal year to ¥1,480 million, including the current portion. The ¥300 million overdraft limit and zero drawn balance were maintained. - FY2023-Q3Further repayment of long-term borrowingsAnnual report
「Non-current liabilities totaled ¥2,501 million, down 17.5%, consisting mainly of long-term borrowings of ¥1,160 million and asset retirement obligations of ¥777 million. Total liabilities were ¥6,000 million, down 6.1%. This was mainly due to a ¥480 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥480 million from the end of the previous consolidated fiscal year, and total liabilities also decreased by 6.1%. The reduction in borrowings continued. - FY2023-Q2Further repayment of long-term borrowingsAnnual report
「This was mainly due to a ¥320 million decrease in long-term borrowings.」
Long-term borrowings decreased from ¥1,640 million at the end of the previous fiscal year to ¥1,320 million. Financing activities included ¥320 million in repayments of long-term borrowings, and the reduction in borrowings continued. - FY2023-Q1Continued reduction in borrowings and no drawdown under the overdraft facilityAnnual report
「The undrawn balance and other details relating to the overdraft agreement at the end of the current quarter of the consolidated fiscal period were as follows. Previous consolidated fiscal year: overdraft limit, ¥300 million; drawn balance, nil. Current first quarter of the consolidated fiscal period: overdraft limit, ¥300 million; drawn balance, nil.」
The ¥300 million overdraft limit was maintained, while the drawn balance remained zero. Long-term borrowings decreased from ¥1,640 million at the end of the previous fiscal year to ¥1,480 million. - FY2022RestatedAnnual report
「This was mainly due to a ¥3,000 million decrease in short-term borrowings, a ¥400 million increase in the current portion of long-term borrowings, and a ¥1,062 million increase in long-term borrowings.」
At the fiscal year-end, the funding structure showed zero short-term borrowings and an increase in long-term borrowings to ¥1,640 million. - FY2022-Q3Short-term borrowings fell to zero, with a shift toward long-term borrowingsAnnual report
「Current liabilities at the end of the third quarter of the current consolidated fiscal period totaled ¥3,426 million, down 36.8% from the end of the previous consolidated fiscal year, consisting mainly of accounts payable of ¥816 million, the current portion of long-term borrowings of ¥640 million, and other payables of ¥993 million. Non-current liabilities totaled ¥3,212 million, up 45.4%, consisting mainly of long-term borrowings of ¥1,800 million and asset retirement obligations of ¥729 million. Total liabilities were ¥6,638 million, down 13.0%. This was mainly due to a ¥3,000 million decrease in short-term borrowings and a ¥1,222 million increase in long-term borrowings.」
Short-term borrowings decreased from ¥3,000 million at the end of the previous fiscal year to zero, while long-term borrowings stood at ¥1,800 million. The total of the overdraft limit and lending commitment agreements also decreased to ¥300 million. - FY2022-Q2Further reduction in short-term borrowings and borrowing facilities, with a shift to long-term borrowingsAnnual report
「Current liabilities at the end of the second quarter of the current consolidated fiscal period totaled ¥3,239 million, down 40.3% from the end of the previous consolidated fiscal year, consisting mainly of accounts payable of ¥604 million, the current portion of long-term borrowings of ¥640 million, and other payables of ¥785 million. Non-current liabilities totaled ¥3,734 million, up 69.0%, consisting mainly of long-term borrowings of ¥2,128 million and asset retirement obligations of ¥723 million. Total liabilities were ¥6,973 million, down 8.6%. This was mainly due to a ¥2,700 million decrease in short-term borrowings and a ¥1,550 million increase in long-term borrowings. Cash used in financing activities during the cumulative second quarter of the current consolidated fiscal year was ¥764 million, compared with cash provided of ¥2,290 million in the same period of the previous year. This was mainly due to ¥5,000 million in repayments of short-term borrowings, ¥2,300 million in proceeds from short-term borrowings, and ¥2,182 million in proceeds from long-term borrowings.」
Short-term borrowings decreased from ¥3,000 million at the end of the previous fiscal year to ¥300 million, while long-term borrowings increased from ¥578 million to ¥2,128 million. The funding structure combined repayments of short-term borrowings with increased long-term borrowings. - FY2022-Q1Short-term borrowings and borrowing facilities decreasedAnnual report
「Current liabilities at the end of the first quarter of the current consolidated fiscal period totaled ¥4,426 million, down 18.4% from the end of the previous consolidated fiscal year, consisting mainly of short-term borrowings of ¥2,000 million, accounts payable of ¥610 million, and other payables of ¥737 million.」
Short-term borrowings decreased from ¥3,000 million at the end of the previous fiscal year to ¥2,000 million, while the total of the overdraft limit and lending commitment agreements decreased from ¥3,000 million to ¥1,400 million. - FY2021AdvancedAnnual report
「In light of the spread of COVID-19 and related circumstances, we obtained short- and long-term borrowings from our banks. In addition, on 19 February 2021, we raised funds through the issuance of Series 1 preferred shares to our parent company, COLOWIDE CO.,LTD., and allocated the funds to working capital and capital expenditures for new store openings and renovations.」
In addition to borrowings, we raised ¥3 billion through the issuance of preferred shares to COLOWIDE CO.,LTD. on 19 February 2021 and allocated the funds to working capital and store investment. - FY2021-Q2AdvancedAnnual report
「Proceeds from short-term borrowings: ¥6,336 million; repayments of short-term borrowings: ¥3,936 million」
To secure liquidity amid the COVID-19 pandemic, we drew ¥6,336 million in short-term borrowings during the cumulative second quarter and repaid ¥3,936 million. Short-term borrowings at the end of the period were ¥3,000 million. - FY2020First statedAnnual report
「On 27 May and 29 May 2020, we entered into overdraft agreements totaling ¥3 billion and drew the full amount.」
In light of economic uncertainty resulting from COVID-19, we entered into overdraft agreements totaling ¥3 billion and drew the funds to strengthen on-hand liquidity.