Funding Constraints Caused by Financial Market Turmoil and Credit Rating Declines
First written in FY2016. 15 of 35 entries say "Worsened", first in FY2019-Q3. Latest entry: 2026-10-30.
Sojitz moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 15 of 58 companies on the "Worse" side.
20 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Company has long-term commitment line agreements of ¥100 billion (undrawn) and $2.475 billion (of which $1.648 billion is drawn), and maintains good relationships with financial institutions, including the participating banks under these commitment line agreements.」
The liquidity support facility remains in place, while the US dollar limit is $2.475 billion and the amount drawn is $1.648 billion, an increase from the end of the previous fiscal year. - 2026-05-01WorsenedRevision to earnings forecast
「24.75億米ドル（16.48億米ドル使用）」
長期コミットメントラインの契約枠は維持された一方、米ドル使用額は前回の11.90億ドルから16.48億ドルへ増加した。 - FY2026-H1WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $2.575 billion (of which $1.190 billion is drawn).」
The liquidity support facility was maintained, while the amount drawn in US dollars increased from $1.154 billion at the end of the previous fiscal year to $1.190 billion. - FY2025WorsenedAnnual report
「In contrast, to enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $2.575 billion (of which $1.154 billion is drawn), and maintains good relationships with financial institutions, including the participating banks under these commitment line agreements.」
The funding support facility was maintained, while the amount drawn in US dollars increased from $774 million at the end of the previous fiscal year to $1.154 billion. - FY2025-H1WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $2.575 billion (of which $644 million is drawn).」
The US dollar commitment line limit remained at $2.575 billion, while the amount drawn increased from $600 million at the end of the previous fiscal year to $644 million. - FY2024MitigatedAnnual report
「In contrast, to enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $2.575 billion (of which $600 million is drawn), and maintains good relationships with financial institutions, including the participating banks under these commitment line agreements.」
The amount drawn under the US dollar commitment lines declined from $774 million at the end of the previous fiscal year to $600 million, while liquidity support against funding constraints continues. - FY2024-Q3WorsenedAnnual report
「In addition, to enhance funding flexibility and provide supplementary liquidity, we have long-term committed credit facilities of ¥100 billion (undrawn) and US$2.575 billion (US$980 million drawn).」
The amount drawn under the US dollar commitment lines increased from $495 million in the previous quarter to $980 million. The limit remains at $2.575 billion. - FY2024-Q2Reduced US dollar utilizationAnnual report
「In addition, to enhance funding flexibility and provide supplementary liquidity, we have long-term committed credit facilities of ¥100 billion (undrawn) and US$2.575 billion (US$415 million drawn).」
The US dollar commitment line limit remains at $2.575 billion, while the amount drawn declined from $774 million at the end of the previous fiscal year to $415 million. - FY2024-Q1Reduced US dollar utilizationAnnual report
「The Company also has long-term commitment line agreements of ¥100 billion (undrawn) and $2.575 billion ($495 million drawn) to enhance the flexibility of its funding and provide supplementary liquidity.」
As a liquidity support measure against funding constraints, the US dollar limit remains at $2.575 billion, while the amount drawn declined from $774 million at the end of the previous fiscal year to $495 million. - FY2023Expanded US dollar tranche; reduced utilizationAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $2.575 billion (of which $774 million is drawn), and maintains good relationships with financial institutions, including the participating banks under these commitment line agreements.」
As a liquidity support measure against funding constraints, the US dollar limit increased to $2.575 billion, while the amount drawn was $774 million. - FY2023-Q3Expanded US dollar tranche; reduced utilizationAnnual report
「The Company also has long-term commitment line agreements of ¥100 billion (undrawn) and $2.275 billion ($1.079 billion drawn) to enhance the flexibility of its funding and provide supplementary liquidity.」
As a liquidity support measure against funding constraints, the US dollar limit increased from $2.125 billion to $2.275 billion, while the amount drawn declined from $1.36 billion to $1.079 billion. - FY2023-Q2Expanded US dollar tranche; increased utilizationAnnual report
「The Company also has long-term commitment line agreements of ¥100 billion (undrawn) and $2.125 billion ($1.36 billion drawn) to enhance the flexibility of its funding and provide supplementary liquidity.」
As a liquidity support measure against funding constraints, the US dollar limit increased from $2.025 billion to $2.125 billion, while the amount drawn increased from $1.2 billion to $1.36 billion. - FY2023-Q1MitigatedAnnual report
「The Company also has long-term commitment line agreements of ¥100 billion (undrawn) and $2.025 billion ($1.2 billion drawn) to enhance the flexibility of its funding and provide supplementary liquidity.」
The amount drawn under the US dollar commitment lines declined from $1.42 billion at the end of the previous fiscal year to $1.2 billion. The limit remains expanded at $2.025 billion. - FY2022Expansion of US Dollar Limit and Increase in Drawn AmountAnnual report
「The Company also has long-term commitment line agreements of ¥100 billion (undrawn) and $2.025 billion ($1.42 billion drawn), including an additional $225 million added in March 2022, to enhance the flexibility of its funding and provide supplementary liquidity.」
As a measure to supplement liquidity against funding constraints, the US dollar limit was increased to $2.025 billion, while the amount drawn has increased to $1.42 billion. - FY2022-Q3WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥120 billion (undrawn) and $1.8 billion (of which $1.31 billion is drawn).」
The US dollar commitment line limit remains at $1.8 billion, while the amount drawn increased from $1.08 billion in the previous quarter to $1.31 billion. - FY2022-Q2WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥120 billion (undrawn) and $1.8 billion (of which $1.08 billion is drawn).」
The US dollar limit remains at $1.8 billion, while the amount drawn increased from $1.02 billion in the previous quarter to $1.08 billion. - FY2022-Q1WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥120 billion (undrawn) and $1.8 billion (of which $1.02 billion is drawn).」
The US dollar limit under the long-term commitment lines remains at $1.8 billion, while the amount drawn increased from $240 million in the previous quarter to $1.02 billion. - FY2021-Q3WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.8 billion, increased by $200 million in September 2020 (of which $240 million is drawn).」
The US dollar limit remains expanded at $1.8 billion, while the amount drawn increased from $170 million in the previous quarter to $240 million. - FY2021-Q2MitigatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.8 billion, increased by $200 million in the second quarter (of which $170 million is drawn).」
The US dollar limit under the long-term commitment lines increased to $1.8 billion, while the amount drawn declined from $260 million at the end of the previous fiscal year to $170 million. Liquidity support against funding constraints has been expanded. - FY2021-Q1WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.6 billion (of which $550 million is drawn).」
The US dollar limit remains at $1.6 billion, while the amount drawn increased from $260 million at the end of the previous fiscal year to $550 million. - FY2020WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.6 billion (of which $260 million is drawn).」
The $1.6 billion US dollar limit remained unchanged, while the amount drawn increased from $200 million in the third quarter to $260 million. - FY2020-Q3MitigatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.6 billion (of which $200 million is drawn).」
The US dollar limit remained at $1.6 billion, while the amount drawn declined from $290 million in the previous quarter to $200 million. - FY2020-Q2Reduction in Commitment Line Limit and Drawn AmountAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.6 billion (of which $290 million is drawn).」
The US dollar limit under the long-term commitment lines declined from $1.9 billion in the previous quarter to $1.6 billion, while the amount drawn declined from $640 million to $290 million. - FY2020-Q1MitigatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.9 billion (of which $490 million is drawn).」
The long-term commitment line limit remains unchanged, while the amount drawn declined from $640 million in the previous quarter to $490 million. - FY2019-Q3WorsenedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.9 billion (of which $640 million is drawn).」
The commitment line limit remains at $1.9 billion, while the amount drawn increased from $450 million in the previous quarter to $640 million. - FY2019-Q2RestatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.9 billion (of which $450 million is drawn).」
The Company continues to maintain long-term commitment lines of ¥100 billion and $1.9 billion, with $450 million drawn this time. - FY2019-Q1RestatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.9 billion (of which $1.00 billion is drawn).」
The Company continues to maintain long-term commitment lines of ¥100 billion and $1.9 billion as liquidity support against funding constraints. - FY2018-Q3RestatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.9 billion (of which $1.01 billion is drawn).」
The Company continues to maintain long-term commitment lines of ¥100 billion and $1.9 billion as liquidity support against funding constraints. - FY2018-Q2MitigatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1.9 billion (of which $920 million is drawn).」
The US dollar limit under the long-term commitment lines is stated as $1.9 billion, indicating an expansion of liquidity support against funding constraints. - FY2018-Q1MitigatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $1 billion (of which $580 million is drawn), as well as a long-term foreign-currency facility of the equivalent of $300 million with an availability period.」
The US dollar limit under the long-term commitment lines increased from the previously reported $500 million to $1 billion, expanding the liquidity support available against funding constraints. - FY2017-Q3RestatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $500 million (of which $92 million is drawn), as well as a long-term foreign-currency facility of the equivalent of $300 million with an availability period.」
The Company continues to maintain the long-term commitment lines and long-term foreign-currency facility as liquidity support measures. - FY2017-Q1MitigatedAnnual report
「To enhance funding flexibility and provide additional liquidity, the Company has long-term commitment line agreements of ¥100 billion (undrawn) and $500 million (of which $150 million is drawn), as well as a long-term foreign-currency facility of the equivalent of $300 million with an availability period.」
In addition to the commitment lines, the Company has a long-term foreign-currency facility equivalent to $300 million, providing liquidity support against funding constraints. - FY2016First statedAnnual report
「If financial system or financial capital market turmoil occurs, or if credit rating agencies substantially downgrade the credit ratings of the Group, the Group may face funding constraints and higher funding costs, adversely affecting its operating results and financial position.」
A ¥100 billion long-term commitment line and foreign-currency commitment lines totaling $500 million are maintained as liquidity support measures.