Financing Through Internal Funds, Bank Borrowings and Trade Receivables Securitization, and Strengthening Financial Soundness
First written in FY2016. 25 of 36 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.
20 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Net cash used in financing activities was ¥17,848 million, compared with ¥15,251 million used in the previous fiscal year. This was mainly due to repayments of borrowings and other obligations and dividend payments.」
The company progressed with repayments of borrowings and other obligations. Short-term borrowings decreased from ¥8,200 million to ¥2,339 million, while long-term borrowings decreased from ¥24,660 million to ¥15,094 million. The overdraft facility limit with 6 lending banks was ¥58,013 million. - FY2026-H1AdvancedAnnual report
「Net cash used in financing activities was ¥8,003 million, compared with ¥1,873 million used in the same period of the previous year. This was mainly due to repayments of short-term borrowings, the acquisition of treasury shares and dividend payments.」
Repayments of short-term borrowings progressed, reducing the balance from ¥8,200 million to ¥5,258 million. Meanwhile, cash used in financing activities increased due to the acquisition of treasury shares and dividend payments. - FY2025AdvancedAnnual report
「Net cash provided by operating activities was ¥18,915 million, compared with ¥301 million provided in the previous fiscal year. Net cash used in financing activities was ¥15,251 million, compared with ¥2,529 million provided in the previous fiscal year. This was mainly due to repayments of short-term borrowings.」
Operating cash flow improved substantially, and repayments of short-term borrowings progressed. The overdraft facility limit at the end of the fiscal year was ¥60,841 million, and the company continued its policy of securing liquidity. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 4 April 2024, the company entered into a syndicated loan agreement with Sumitomo Mitsui Banking Corporation as arranger and agent. ④ Borrowing amounts: Tranche A: ¥2,500 million; Tranche B: ¥2,000 million; Tranche C: ¥2,000 million」
The company entered into a ¥6.5 billion syndicated loan with 12 financial institutions for working capital purposes and drew down the facility on 15 April 2024. It also drew ¥500 million in long-term borrowings from 肥後銀行. - FY2024AdvancedAnnual report
「Net cash provided by financing activities was ¥2,529 million, compared with ¥13,746 million provided in the previous fiscal year. This was mainly because cash inflows, including increases in commercial paper and short-term borrowings, exceeded cash outflows, including dividend payments. The company has overdraft agreements with 6 lending banks, with a total facility limit of ¥61,223 million as of 31 March 2024, and has secured sufficient liquidity.」
The company continued to raise funds through ¥5,000 million in commercial paper and an increase in short-term borrowings. The overdraft facility limit also increased from ¥59,261 million in the previous fiscal year to ¥61,223 million. - FY2024-Q3Financing through increases in short-term borrowings and commercial paperAnnual report
「Net cash provided by financing activities was ¥6,390 million, compared with ¥26,299 million provided in the same period of the previous year. This was mainly because cash inflows, including increases in short-term borrowings and commercial paper, exceeded cash outflows, including dividend payments.」
Financing activities generated cash inflows of ¥6,390 million, driven by a ¥5,095 million increase in short-term borrowings and ¥5,000 million in commercial paper. - FY2024-Q2RestatedAnnual report
「Net cash used in financing activities was ¥2,083 million, compared with ¥11,290 million provided in the same period of the previous year. This was mainly due to dividend payments.」
Financing activities turned from providing funds in the same period of the previous year to using funds, mainly for dividend payments. - FY2024-Q1Financing cash outflow due to dividend payments and other itemsAnnual report
「Net cash used in financing activities was ¥3,223 million, compared with ¥2,273 million provided in the same period of the previous fiscal year. This was mainly due to dividend payments.」
Financing activities turned from cash inflows in the same period of the previous year to cash outflows, with ¥3,223 million used mainly for dividend payments. - FY2023AdvancedAnnual report
「Net cash provided by financing activities was ¥13,746 million, compared with ¥606 million provided in the previous fiscal year. This was mainly because cash inflows, including increases in long-term and short-term borrowings, exceeded cash outflows, including dividend payments. The company has overdraft agreements with 6 lending banks, with a total facility limit of ¥59,261 million as of 31 March 2023, and has secured sufficient liquidity.」
Financing increased through ¥15 billion in long-term borrowings and an increase in short-term borrowings. The overdraft facility limit also increased from ¥49,001 million in the previous fiscal year to ¥59,261 million. - FY2023-Q3AdvancedAnnual report
「Net cash provided by financing activities was ¥26,299 million, compared with ¥2,501 million provided in the same period of the previous year. This was mainly because cash inflows, including increases in short-term and long-term borrowings, exceeded cash outflows, including dividend payments.」
Financing activities increased substantially, driven by a net increase of ¥17,660 million in short-term borrowings and ¥15,000 million in long-term borrowings. The company also executed multiple long-term borrowing agreements for working capital purposes. - FY2023-Q2Increased financing through higher short-term borrowingsAnnual report
「Net cash provided by financing activities was ¥11,290 million, compared with ¥4,506 million used in the same period of the previous year. This was mainly because cash inflows, including an increase in short-term borrowings, exceeded cash outflows, including dividend payments.」
As short-term borrowings increased, financing activities turned from a ¥4,506 million outflow in the same period of the previous year to an ¥11,290 million inflow. The balance of short-term borrowings increased from ¥14,521 million at the end of the previous fiscal year to ¥27,459 million. - FY2023-Q1Financing through an increase in short-term borrowingsAnnual report
「Net cash provided by financing activities was ¥2,273 million, compared with ¥4,255 million used in the same period of the previous year. This was mainly because cash inflows, including an increase in short-term borrowings, exceeded cash outflows, including dividend payments.」
Turning from cash inflows in the same period of the previous year, the company raised ¥2,273 million through financing activities, mainly through an increase in short-term borrowings. - FY2022AdvancedAnnual report
「The policy is to maintain only the minimum necessary level of daily cash liquidity in order to reduce interest expense. The Company has entered into overdraft agreements with 6 transaction banks, with a combined facility limit of ¥49,001 million as of 31 March 2022, ensuring sufficient liquidity.」
The overdraft facility limit increased from ¥47,771 million in the previous fiscal year to ¥49,001 million. In December 2021, the company also drew ¥2.7 billion in long-term borrowings from 5 banks for working capital purposes. - FY2022-Q3AdvancedAnnual report
「The Company executed a long-term borrowing from Sumitomo Mitsui Banking Corporation pursuant to a resolution of the Board of Directors meeting held on 30 November 2021. ① Contract date: 28 December 2021 ② Purpose: Working capital ④ Borrowing amount: ¥800 million ⑤ Repayment date: 30 December 2025」
Executed total long-term borrowings of ¥2,700 million from 5 banks for working capital. Short-term borrowings also increased from ¥8,918 million at the end of the previous consolidated fiscal year to ¥15,142 million, indicating that funding has taken concrete form. - FY2022-Q2AdvancedAnnual report
「Funds used in financing activities amounted to ¥4,506 million (compared with ¥2,818 million provided in the same period of the previous year). This was mainly due to repayments of short-term borrowings and expenditures for the acquisition of treasury shares.」
As repayments of short-term borrowings progressed, they decreased from ¥8,918 million at the end of the previous consolidated fiscal year to ¥6,648 million. The ¥1,268 million acquisition of treasury shares was also included in the use of funds from financing activities. - FY2022-Q1AdvancedAnnual report
「Funds used in financing activities amounted to ¥4,255 million (compared with ¥1,070 million provided in the same period of the previous year). This was mainly due to repayments of short-term and long-term borrowings and dividend payments.」
Financing activities used ¥4,255 million as repayments of short-term and long-term borrowings progressed. Short-term borrowings also decreased from ¥8,918 million at the end of the previous fiscal year to ¥5,587 million. - FY2021AdvancedAnnual report
「The policy is to maintain only the minimum necessary level of daily cash liquidity in order to reduce interest expense. The Company has entered into overdraft agreements with 6 transaction banks, with a combined facility limit of ¥47,771 million as of 31 March 2021, ensuring sufficient liquidity.」
The overdraft facility limit was increased from ¥46,890 million in the previous fiscal year to ¥47,771 million, and the current fiscal year included ¥7,000 million in proceeds from long-term borrowings. The policy of increasing cash on hand and bringing forward funding during the COVID-19 pandemic continues. - FY2021-Q3AdvancedAnnual report
「The Company executed a long-term borrowing from Sumitomo Mitsui Banking Corporation pursuant to a resolution of the Board of Directors meeting held on 30 November 2020. ④ Borrowing amount: ¥700 million ⑤ Repayment date: 30 December 2024. The Company executed a long-term borrowing from Bank of Yokohama pursuant to a resolution of the Board of Directors meeting held on 30 November 2020. ④ Borrowing amount: ¥700 million ⑤ Repayment date: 28 February 2025. The Company executed a long-term borrowing from The Yamanashi Chuo Bank,Ltd. pursuant to a resolution of the Board of Directors meeting held on 30 November 2020. ④ Borrowing amount: ¥600 million ⑤ Repayment date: 30 December 2024.」
Executed total long-term borrowings of ¥2,000 million from 3 banks on 30 December 2020 for working capital. Funds provided by financing activities also amounted to ¥6,638 million, indicating concrete progress in funding. - FY2021-Q2AdvancedAnnual report
「Funds provided by financing activities amounted to ¥2,818 million (compared with ¥4,455 million used in the same period of the previous year). This was because factors providing funds, such as an increase in long-term borrowings, exceeded factors using funds, such as a decrease in short-term borrowings.」
Financing activities generated ¥2,818 million due to an increase in long-term borrowings. The statement of cash flows records ¥5,000 million in proceeds from long-term borrowings. - FY2021-Q1AdvancedAnnual report
「The Company executed a long-term borrowing from Mizuho Bank, Ltd. pursuant to a resolution of the Board of Directors meeting held on 17 June 2020. ④ Borrowing amount: ¥1,000 million ⑤ Repayment date: 28 June 2024. The Company executed a long-term borrowing from Sumitomo Mitsui Banking Corporation pursuant to a resolution of the Board of Directors meeting held on 17 June 2020. ④ Borrowing amount: ¥2,500 million ⑤ Repayment date: 28 June 2024. The Company executed a long-term borrowing from Bank of Yokohama pursuant to a resolution of the Board of Directors meeting held on 17 June 2020. ④ Borrowing amount: ¥1,000 million ⑤ Repayment date: 30 August 2024. The Company executed a long-term borrowing from The Yamanashi Chuo Bank,Ltd. pursuant to a resolution of the Board of Directors meeting held on 17 June 2020. ④ Borrowing amount: ¥500 million ⑤ Repayment date: 28 June 2024.」
Executed total long-term borrowings of ¥5,000 million from 4 banks in June 2020 for working capital. The funding policy under the COVID-19 pandemic has been reflected in specific borrowing transactions. - FY2020AdvancedAnnual report
「Until the COVID-19 pandemic has subsided to a certain extent, the Group will reduce funding risk by maintaining higher cash balances than in normal times and bringing forward the timing of funding. In addition, going forward, it will strengthen its financial position through the steady accumulation of retained earnings and improve capital efficiency.」
While progressing with repayments of short-term and long-term borrowings, financing activities used ¥7,479 million. During the COVID-19 pandemic, the Group specified its policy of increasing cash on hand, bringing forward funding and raising long-term funds. The overdraft facility limit was ¥46,890 million. - FY2020-Q3AdvancedAnnual report
「Funds used in financing activities amounted to ¥2,796 million (compared with ¥7,833 million used in the same period of the previous year). This was mainly due to repayments of long-term borrowings.」
Financing activities used ¥2,796 million due to repayments of long-term borrowings, and total liabilities decreased by ¥553 million from the end of the previous consolidated fiscal year. - FY2020-Q2AdvancedAnnual report
「Funds used in financing activities amounted to ¥4,455 million (compared with ¥10,744 million used in the same period of the previous year). This was mainly due to repayments of short-term borrowings.」
Financing activities used ¥4,455 million due to repayments of short-term borrowings. The balance of short-term borrowings also decreased from ¥10,321 million to ¥6,382 million. - FY2020-Q1AdvancedAnnual report
「Funds used in financing activities amounted to ¥3,182 million (compared with ¥9,326 million used in the same period of the previous year). This was mainly due to repayments of short-term borrowings.」
Repayments of short-term borrowings continued, reducing them from ¥10,321 million at the end of the previous consolidated fiscal year to ¥7,632 million. - FY2019AdvancedAnnual report
「Funds used in financing activities amounted to ¥10,504 million (compared with ¥9,869 million provided in the previous fiscal year). This was mainly due to repayments of short-term borrowings.」
Financing activities used ¥10,504 million due to repayments of short-term borrowings, which decreased from ¥21,065 million to ¥10,321 million. The equity ratio also improved by 5.4 percentage points, from 27.6% to 32.9%. - FY2019-Q3AdvancedAnnual report
「Funds used in financing activities amounted to ¥7,833 million (compared with ¥12,459 million provided in the same period of the previous year). This was mainly due to repayments of short-term borrowings. The Company executed a long-term borrowing from Sumitomo Mitsui Banking Corporation pursuant to a resolution of the Board of Directors meeting held on 29 November 2018.」
While financing activities used ¥7,833 million due to repayments of short-term borrowings, the Company executed long-term borrowings for working capital of ¥3,000 million from Sumitomo Mitsui Banking Corporation, ¥800 million from Mizuho Bank, Ltd., and ¥1,000 million from Bank of Yokohama. - FY2019-Q2AdvancedAnnual report
「Funds used in financing activities amounted to ¥10,744 million (compared with ¥4,894 million provided in the same period of the previous year). This was mainly due to repayments of short-term and long-term borrowings.」
Financing activities used ¥10,744 million due to repayments of short-term and long-term borrowings. Short-term borrowings decreased by ¥7,169 million, long-term borrowings by ¥3,235 million, and total liabilities by ¥9,568 million. - FY2019-Q1AdvancedAnnual report
「Funds used in financing activities amounted to ¥9,326 million (compared with ¥384 million used in the same period of the previous year). This was mainly due to repayments of short-term borrowings.」
Financing activities used ¥9,326 million due to repayments of short-term borrowings. Short-term borrowings and total liabilities also decreased from the end of the previous consolidated fiscal year. - FY2018AdvancedAnnual report
「Funds provided by financing activities amounted to ¥9,869 million (compared with ¥4,739 million provided in the previous fiscal year). This was mainly due to increases in short-term and long-term borrowings.」
Financing through financing activities amounted to ¥9,869 million due to increases in short-term and long-term borrowings. - FY2018-Q3AdvancedAnnual report
「Funds provided by financing activities amounted to ¥12,459 million (compared with ¥3,626 million provided in the same period of the previous year). This was mainly due to increases in short-term and long-term borrowings.」
Financing through financing activities amounted to ¥12,459 million due to increases in short-term and long-term borrowings. Separately, the Company executed total long-term borrowings of ¥4,000 million from 4 banks for working capital. - FY2018-Q2RestatedAnnual report
「Total liabilities amounted to ¥58,287 million, an increase of ¥7,507 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in short-term borrowings.」
Short-term borrowings have increased in line with the funding policy, including bank borrowings, and financing through financing activities continues. - FY2017RestatedAnnual report
「The Group currently funds working capital and capital expenditures through internal funds, bank borrowings and the securitization of trade receivables. Going forward, it will work to strengthen its financial position by steadily accumulating retained earnings each year and converting trade receivables into cash earlier through their securitization.」
Continues to raise funds through internal funds, bank borrowings and the securitization of trade receivables, and to strengthen its financial position through retained earnings and the securitization of receivables. - FY2017-Q3Execution of long-term borrowingsAnnual report
「The Company executed a long-term borrowing from Mizuho Bank, Ltd. pursuant to a resolution of the Board of Directors meeting held on 29 November 2016. ① Contract date: 26 December 2016 ② Purpose: Working capital ③ Execution date: 30 December 2016 ④ Borrowing amount: ¥1,000 million ⑤ Repayment date: 30 December 2020」
Executed total long-term borrowings of ¥3,000 million from 4 banks for working capital. The funding policy, including bank borrowings, has been reflected in specific borrowing transactions. - FY2017-Q2RestatedAnnual report
「Total liabilities amounted to ¥42,413 million, an increase of ¥302 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in short-term borrowings.」
Short-term borrowings continue to be used in line with the funding policy and increased at the end of the quarter. - FY2017-Q1RestatedAnnual report
「Funds provided by financing activities amounted to ¥1,685 million (compared with ¥4,195 million used in the same period of the previous year). This was mainly due to an increase in short-term borrowings.」
Bank borrowings continue to be used in addition to internal funds and other sources of funding, and short-term borrowings have increased. - FY2016First statedAnnual report
「The Group currently funds working capital and capital expenditures through internal funds, bank borrowings and the securitization of trade receivables. Going forward, it will work to strengthen its financial position by steadily accumulating retained earnings each year and converting trade receivables into cash earlier through their securitization.」
Describes funding methods for working capital and capital expenditures, as well as strengthening the financial position through retained earnings and the securitization of receivables.