Securing Financial Stability and Cash Liquidity Amid the Spread of Infectious Disease
First written in FY2020-Q3. 2 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2025.
The whole theme swung hardest in 2022: 2 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportNo direct disclosure was identified presenting the preservation of cash liquidity or additional financing during the spread of the infectious disease as standalone measures.
- FY2021-Q3RestatedAnnual report
「In addition, as stated in the “Notice of Financing through Capital-Subordinated Loans” announced on 30 November 2020, the company raised a total of ¥800 million through capital-subordinated loans from Mizuho Bank, Japan Finance Corporation and Shoko Chukin Bank, for the purpose of securing long-term funds for growth investments and improving financial soundness.」
The document reconfirms that the company raised a total of ¥800 million in capital-subordinated loans from 3 banks to secure long-term funds for growth investments and improve financial soundness. - FY2021-Q1AdvancedAnnual report
「The company raised funds through ¥800 million in capital-subordinated loans from the 3 banks Mizuho Bank, Japan Finance Corporation and Shoko Chukin Bank. This enabled the company to pursue “offensive” business activities to achieve renewed growth while responding to structural changes, and to maintain a financial foundation capable of withstanding business risks during the COVID-19 pandemic.」
As a financial stabilization measure during the spread of the infectious disease, the company raised a total of ¥800 million in capital-subordinated loans from 3 banks, securing funds for renewed growth investments and the maintenance of its financial foundation. - FY2020AdvancedAnnual report
「Under these difficult circumstances, with the survival of the company and the preservation of employment as its highest priorities, the company worked to secure cash liquidity by curbing nonessential spending, selling part of its inventory, making maximum use of government support measures, and obtaining additional financing through stronger relationships with financial institutions.」
The company implemented financial stabilization measures during the spread of the infectious disease, including spending controls, inventory sales, government support measures, stronger relationships with financial institutions and additional financing. - FY2020-Q3First statedAnnual report
「However, as the spread of COVID-19 forced the company to refrain from operating activities, particularly from late March 2020 onward, and raised concerns about a worsening financial position, it worked to preserve financial stability and cash liquidity by curbing procurement and investment and reducing nonessential costs. In addition, it pursued measures to secure working capital, including considering the disposal of inventory through bullion sales and increasing borrowings from financial institutions.」
To address concerns about financial deterioration resulting from the suspension of operating activities, the company curbed procurement and investment, reduced nonessential costs, considered disposing of inventory through bullion sales, and secured working capital by increasing borrowings.