Securing Funding Capacity Through an Overdraft Agreement
First written in FY2018. 4 of 7 entries say "Raised", first in FY2021-Q1. Latest entry: FY2025.
7 other companies' latest entry also says "Raised".
- FY2025RaisedAnnual report
「We have entered into overdraft facilities with 9 relationship banks with a combined limit of ¥4,000 million, providing ample funding capacity to meet financing needs.」
The limit on the overdraft facilities increased from ¥3,500 million in the previous fiscal year to ¥4,000 million, and the number of relationship banks increased from 8 to 9. - FY2023RaisedAnnual report
「While working to reduce funding costs, we have entered into overdraft facilities with 8 relationship banks with a combined limit of ¥3,500 million, providing ample funding capacity to meet financing needs.」
The overdraft limit increased from facilities with 7 relationship banks totaling ¥3,300 million to facilities with 8 banks totaling ¥3,500 million. The undrawn amount was ¥2,500 million. - FY2022RestatedAnnual report
「While working to reduce funding costs, we have entered into overdraft facilities with 7 relationship banks with a combined limit of ¥3,300 million, providing ample funding capacity to meet financing needs.」
The Company maintains overdraft facilities totaling ¥3,300 million with 7 banks, with an undrawn amount of ¥2,200 million. - FY2021RaisedAnnual report
「While working to reduce funding costs, we have entered into overdraft facilities with 7 relationship banks with a combined limit of ¥3,300 million, providing ample funding capacity to meet financing needs.」
The overdraft limit increased from ¥1,500 million in the previous fiscal year to ¥3,300 million, and the undrawn amount was ¥2,200 million. - FY2021-Q1RaisedAnnual report
「During the first quarter of the current fiscal year, we newly entered into overdraft facilities totaling ¥1,600 million with 7 financial institutions, bringing the total overdraft limit to ¥3,100 million. Together with the new borrowings, this secures flexible and stable working capital and strengthens our financial base.」
The Company newly entered into overdraft facilities totaling ¥1,600 million with 7 banks, increasing the overdraft limit from ¥1,400 million to ¥3,100 million. - FY2019SoftenedAnnual report
「While working to reduce funding costs, we have entered into overdraft facilities with 6 relationship banks with a combined limit of ¥1,400 million, providing ample funding capacity to meet financing needs.」
The limit on the overdraft facilities decreased from ¥1,700 million in the previous fiscal year to ¥1,400 million, while borrowings outstanding at the end of the fiscal year were ¥1,000 million and the undrawn amount was ¥400 million. - FY2018First statedAnnual report
「While working to reduce funding costs, we have entered into overdraft facilities with 6 relationship banks with a combined limit of ¥1,700 million, providing ample funding capacity to meet financing needs.」
The Company describes overdraft facilities with 6 financial institutions, with a limit of ¥1,700 million, as funding capacity for working capital and capital investment.