Securing Working Capital Through Commitment Lines
First written in FY2021-Q1. 4 of 13 entries say "Advanced", first in FY2021. Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 7 of 50 companies on the "Worse" side.
21 other companies' latest entry also says "Other".
- FY2027-H1Undrawn capacity reduced following drawdownAnnual report
「To maintain ample cash on hand and further strengthen the stability of its financial base, the Group has entered into overdraft and commitment line agreements with its financial institutions. The undrawn borrowing balance under these agreements is as follows.」
Against a combined overdraft limit and commitment line of ¥1.5 billion, the drawn borrowing balance was ¥1 billion, reducing the undrawn balance to ¥500 million. - 2026-04-21AdvancedGeneral Meetings of Shareholders
「To ensure a stable supply of working capital, we amended the existing commitment line agreement of ¥500 million and increased the facility to ¥1,500 million. Borrowings under this agreement are scheduled to be drawn in the following consolidated fiscal year.」
The commitment line was increased from ¥500 million to ¥1,500 million. Borrowings are scheduled to be drawn in the following consolidated fiscal year. - FY2026-H1RestatedAnnual report
「Total overdraft limit and commitment line ¥500 million ¥500 million Amount drawn — — Undrawn amount ¥500 million ¥500 million」
The total overdraft limit and commitment line of ¥500 million, zero borrowings outstanding and an undrawn amount of ¥500 million have been maintained from the end of the previous fiscal year. - FY2025RestatedAnnual report
「Total overdraft limit and commitment line ¥500 million ¥500 million Amount drawn — — Undrawn amount ¥500 million ¥500 million」
The total overdraft limit and commitment line of ¥500 million and the undrawn amount of ¥500 million have been maintained. Although the facilities remain available, there were no borrowings outstanding at the end of the fiscal year under review. - FY2025-Q1AdvancedAnnual report
「With respect to borrowings due on 20 May 2024, the Company obtained the consent of all financial institutions to repay the total borrowings of ¥485 million in equal amounts based on each institution's outstanding loan balance and to maintain the post-repayment loan balances through 20 May 2025. The Company has determined that it is in a position to sufficiently fund working capital and investments.」
The company repaid ¥485 million of borrowings that had reached maturity and obtained the consent of all financial institutions to maintain the post-repayment balances through 20 May 2025. The disclosure also added that the company determined it was in a position to fund working capital and capital investment. - FY2024AdvancedAnnual report
「As a result, with respect to borrowings that had been due on 20 May 2024, all financial institutions agreed that ¥485 million would be repaid equally in proportion to each institution's outstanding loan balance and that the post-repayment loan balances would be maintained through 20 May 2025. The company determined that it was in a position to sufficiently fund working capital and capital investment.」
The company repaid ¥485 million of borrowings that had reached maturity and obtained the consent of all financial institutions to maintain the post-repayment loan balances through 20 May 2025. Support from the financial institutions toward stabilizing liquidity has progressed. - FY2024-Q1MitigatedAnnual report
「At the bank meeting held on 12 May 2023, all financial institutions agreed that, of the borrowings due on 19 May 2023, ¥570 million would be repaid equally in proportion to each institution's outstanding loan balance, and that the post-repayment loan balances would be maintained through 20 May 2024.」
The company repaid ¥570 million of borrowings that had reached maturity and obtained the consent of all financial institutions to maintain the post-repayment loan balances through 20 May 2024. Support from the financial institutions for liquidity management has progressed. - FY2022Reduction in facility size and undrawn amountAnnual report
「Commitment line ¥2,000 million ¥0 million Overdraft facility ¥3,300 million ¥500 million Amount drawn ¥800 million ¥0 million Undrawn amount ¥4,500 million ¥500 million」
The commitment line decreased from ¥2 billion to zero, and the overdraft facility also decreased from ¥3.3 billion to ¥500 million. The undrawn amount decreased from ¥4.5 billion to ¥500 million, further reducing the disclosed amount of available funding capacity. - FY2022-Q3Reduction in facility size and undrawn amountAnnual report
「Commitment line ¥2,000 million ¥0 million Overdraft facility ¥3,300 million ¥1,800 million Amount drawn ¥800 million ¥1,200 million Undrawn amount ¥4,500 million ¥600 million」
The commitment line decreased from ¥2 billion to zero, while the overdraft facility decreased from ¥3.3 billion to ¥1.8 billion, reducing the undrawn amount from ¥4.5 billion to ¥600 million. Meanwhile, the amount drawn increased from ¥800 million to ¥1.2 billion. - FY2022-Q2Reduction in facility size and increase in amount drawnAnnual report
「Total overdraft facility and commitment line (Note) ¥5,300 million ¥4,700 million Amount drawn ¥800 million ¥1,200 million Undrawn amount ¥4,500 million ¥3,500 million」
The total facility size decreased from ¥5.3 billion to ¥4.7 billion, while the amount drawn increased from ¥800 million to ¥1.2 billion, reducing the undrawn amount from ¥4.5 billion to ¥3.5 billion. - FY2022-Q1Increase in amount drawnAnnual report
「Total overdraft facility and commitment line ¥5,300 million ¥5,300 million Amount drawn ¥800 million ¥1,200 million Undrawn amount ¥4,500 million ¥4,100 million」
The total overdraft facility and commitment line remained at ¥5.3 billion, while the amount drawn increased from ¥800 million to ¥1.2 billion, leaving an undrawn amount of ¥4.1 billion. - FY2021AdvancedAnnual report
「The total amount of the overdraft facility and commitment line was ¥5.3 billion, the amount drawn was ¥800 million, and the undrawn amount was ¥4.5 billion.」
As a precaution against the prolonged impact of the infectious disease, the total amount of the overdraft facility and commitment line increased from ¥2.1 billion to ¥5.3 billion, of which ¥800 million was drawn and ¥4.5 billion remained undrawn. - FY2021-Q1First statedAnnual report
「In addition, we entered into a ¥2 billion commitment line agreement with our principal financial institution, securing flexible and stable working capital and establishing a system capable of responding to unforeseen circumstances.」
In preparation for the spread of COVID-19 and unforeseen circumstances, the company entered into a ¥2 billion commitment line agreement with its principal financial institution. As of 20 May 2020, no borrowings had been drawn, and the undrawn amount was ¥2 billion.