Credit, market and liquidity risks
First written in FY2017. 4 of 8 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2026: 7 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026Commitment line borrowings declined and the undrawn amount increasedAnnual report
「(1) Facility amount ¥4,000 million (3) Final repayment date 31 May 2026 (5) Borrowings outstanding ¥2,800 million (as of the end of the current consolidated fiscal year)」
For the ¥4,000 million commitment line, borrowings outstanding declined from ¥3,000 million at the end of the previous fiscal year to ¥2,800 million. Separately, the undrawn amount was ¥4.0 billion against total overdraft limits and loan commitments of ¥8.6 billion. - FY2025Disclosed a commitment line agreementAnnual report
「Syndicated loan agreement (commitment line agreement) The Company has entered into a syndicated commitment line agreement containing financial covenants. (1) Facility amount ¥4,000 million (3) Final repayment date 31 May 2026 (5) Borrowings outstanding ¥3,000 million (as of the end of the current consolidated fiscal year)」
As a measure to address financing risk, the Company disclosed that it had entered into a ¥4,000 million commitment line agreement and had drawn ¥3,000 million as of the end of the current fiscal year. - FY2024MitigatedAnnual report
「Total overdraft limits and loan commitments ¥7,600 million ¥8,600 million Borrowings outstanding ¥4,300 million ¥4,800 million Undrawn amount ¥3,300 million ¥3,800 million」
The total amount of overdraft limits and loan commitments increased from ¥7.6 billion to ¥8.6 billion, while the undrawn amount increased from ¥3.3 billion to ¥3.8 billion. Disclosure regarding financing capacity has been expanded. - FY2023MitigatedAnnual report
「The Group is considering diverse financing methods, establishing a framework that enables it to respond quickly to changes in the financial environment, and working to build and maintain good relationships with its financial institutions.」
As measures to address financing risk, the Company has specified diverse financing methods, a framework for responding quickly to the financial environment, and maintaining relationships with financial institutions. In addition, the total amount of overdraft limits and loan commitments was ¥7.6 billion, with ¥3.3 billion undrawn. - FY2020WorsenedAnnual report
「The Group may find it difficult to raise funds on its expected terms because of factors such as a deterioration in its creditworthiness caused by economic uncertainty, financial contraction or downgrades, and a deterioration in its business outlook.」
In addition to the conventional credit, market and liquidity risks, the Company has specified the difficulty of raising funds caused by financial contraction and deterioration in creditworthiness, making the financing risk more concrete. - FY2019RestatedAnnual report
「Trade notes and accounts receivable are exposed to customers' credit risk. The securities consist of negotiable certificates of deposit and other instruments. Investment securities consist mainly of shares and are exposed to the risk of fluctuations in market prices.」
The Company continues to disclose credit risk on trade receivables, market price fluctuation risk on investment securities, interest rate fluctuation risk on borrowings, and liquidity risk related to financing. - FY2018RestatedAnnual report
「Trade notes and accounts receivable are exposed to customers' credit risk. The securities consist of negotiable certificates of deposit and other instruments. Investment securities consist mainly of shares and are exposed to the risk of fluctuations in market prices.」
The Company continues to disclose credit risk on trade receivables, market price fluctuation risk on investment securities, interest rate fluctuation risk on borrowings, liquidity risk related to financing, and its methods of managing these risks. - FY2017First statedAnnual report
「Trade notes and accounts receivable are exposed to customers' credit risk. The securities consist of negotiable certificates of deposit and other instruments. Investment securities consist mainly of shares and are exposed to the risk of fluctuations in market prices.」
For financial instruments, the Company has disclosed credit risk on trade receivables, market price fluctuation risk on investment securities, interest rate fluctuation risk on borrowings, and liquidity risk related to financing.