Raising Working Capital through Borrowings
First written in FY2019-Q1. 14 of 26 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2026.
41 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「明治薬品株式会社 entered into a loan agreement with financial covenants for the purpose of raising funds to construct a new plant.」
A loan agreement with a syndicated lending group was executed to finance construction of a new plant for 明治薬品, with a borrowing limit of ¥12.3 billion and an outstanding drawn balance of ¥3.1 billion at fiscal year-end. - FY2025-H1AdvancedAnnual report
「The company entered into a commitment line agreement with THE SHIGA BANK,LTD. to secure working capital flexibly. Total commitment limit ¥3,000 million Agreement date 30 December 2024 Contract term 3 years Collateral and guarantees Unsecured and unguaranteed」
The company newly entered into a commitment line agreement with THE SHIGA BANK,LTD. for working capital, with a commitment limit of ¥3,000 million, a three-year term, and no collateral or guarantees. - FY2024MitigatedAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, stood at ¥16,903 million for the consolidated fiscal year.」
Interest-bearing debt decreased from ¥20,119 million in the previous fiscal year to ¥16,903 million, reducing the scale of funding through borrowings. - FY2024-Q2RestatedAnnual report
「The group's working capital and capital expenditures are financed with internal funds and borrowings from financial institutions. Working capital is financed primarily with internal funds and short-term borrowings, while capital expenditures are financed primarily with long-term borrowings.」
The company continues to finance working capital primarily through internal funds and short-term borrowings and capital expenditure primarily through long-term borrowings. Interest-bearing debt was disclosed at ¥19,923 million. - FY2024-Q1AdvancedAnnual report
「The company entered into a commitment line agreement with MUFG Bank, Ltd. to secure working capital flexibly.」
The company entered into a commitment line agreement with MUFG Bank, Ltd. to secure working capital flexibly, with a total commitment limit of ¥7,500 million, a three-year term, and no collateral or guarantees. The total commitment limit at the time the agreement was executed was ¥6,300 million. - FY2023RaisedAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, stood at ¥20,119 million for the consolidated fiscal year.」
Interest-bearing debt increased from ¥16,890 million in the previous fiscal year to ¥20,119 million, expanding the scale of funding through a combination of short-term and long-term borrowings. - FY2023-Q2RaisedAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, stood at ¥20,465 million at the end of the consolidated second quarter.」
Interest-bearing debt increased from the previously disclosed ¥18,651 million to ¥20,465 million, expanding the scale of funding through borrowings. - FY2023-Q1RaisedAnnual report
「Total commitment limit ¥7,600 million Contract term 3 years Collateral and guarantees Unsecured and unguaranteed」
The company newly established a syndicated ¥7,600 million commitment line and also renewed its existing ¥2,500 million line with THE SHIGA BANK,LTD. - FY2022RaisedAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, stood at ¥16,890 million for the consolidated fiscal year.」
Interest-bearing debt increased to ¥16,890 million, expanding the scale of funding, including short-term borrowings under commitment lines. - FY2022-Q3AdvancedAnnual report
「The company entered into commitment line agreements with the following financial institutions to secure working capital flexibly.」
The company newly entered into a commitment line agreement with Sumitomo Mitsui Trust Bank for working capital, with a commitment limit of ¥1,000 million, a one-year term, and no collateral or guarantees. - FY2022-Q2AdvancedAnnual report
「At a board meeting held on 20 December 2021, the company resolved to enter into a commitment line agreement with the following financial institution to secure working capital flexibly, and entered into the agreement on the following terms.」
The company newly entered into a commitment line agreement with THE SHIGA BANK,LTD. for working capital, with a commitment limit of ¥1,500 million, a three-year term, and no collateral or guarantees. - FY2022-Q1AdvancedAnnual report
「This was mainly due to a ¥929 million increase in accounts payable resulting from higher advertising and promotion expenses, a ¥5,000 million increase in short-term borrowings from drawdowns under commitment line agreements, ¥800 million in short-term borrowings and ¥900 million in current maturities of long-term borrowings associated with the conversion of Meiji Yakuhin Co., Ltd. into a subsidiary, and a ¥1,403 million increase in long-term borrowings.」
The company drew down ¥5,000 million in short-term borrowings under its commitment lines and borrowings related to the acquisition of Meiji Yakuhin were executed, bringing interest-bearing debt to ¥12,736 million. - FY2021RaisedAnnual report
「(3) Total commitment amount ¥12,000 million (6) Contract term 1 to 3 years (7) Collateral Unsecured and unguaranteed」
The company renewed its commitment line agreements, increasing the total commitment limit from the previous ceiling of ¥10,000 million to ¥12,000 million. - FY2021-Q3RestatedAnnual report
「The group finances its working capital and capital expenditure through internal funds and borrowings from financial institutions. Working capital is generally funded by internal funds and short-term borrowings, while capital expenditure is generally funded by long-term borrowings. Interest-bearing debt, including borrowings and lease liabilities, stood at ¥5,145 million at the end of the consolidated third quarter.」
The company continues to finance working capital primarily through internal funds and short-term borrowings and capital expenditure primarily through long-term borrowings. Interest-bearing debt was disclosed at ¥5,145 million. - FY2021-Q2AdvancedAnnual report
「Net cash provided by financing activities was ¥1,814 million, primarily reflecting a ¥2,500 million increase in short-term borrowings from drawdowns under commitment line agreements and ¥542 million in repayments of long-term borrowings, compared with net cash used of ¥529 million in the same quarter of the previous year.」
The company drew down ¥2,500 million in short-term borrowings under the commitment line agreement executed in the previous fiscal year, making its working capital funding concrete. Interest-bearing debt stood at ¥5,561 million. - FY2021-Q1AdvancedAnnual report
「At a board meeting held on 8 October 2020, the company resolved to enter into commitment line agreements with the following financial institutions to secure working capital flexibly, and entered into the agreements on the following terms: "Total commitment amount ¥10,000 million" "Contract term 1 to 3 years" "Collateral and guarantees Unsecured and unguaranteed"」
The company entered into commitment line agreements with multiple financial institutions to secure working capital flexibly, with a total commitment limit of ¥10,000 million, terms of 1 to 3 years, and no collateral or guarantees. The total commitment limit at the time the agreements were executed was ¥6,300 million. - FY2020-Q3AdvancedAnnual report
「③Borrowing amount ¥1,500 million ④Contract dates 19 February 2020, 28 February 2020, 25 February 2020, 25 February 2020 ⑤Drawdown dates 19 February 2020, 28 February 2020, 25 February 2020, 25 February 2020 ⑥Loan term 5 years ⑦Collateral and guarantees Unsecured and unguaranteed」
The company disclosed the drawdown of a total of ¥1,500 million in unsecured and unguaranteed five-year borrowings from multiple financial institutions for working capital. - FY2020-Q2ReframedAnnual report
「The group finances its working capital and capital expenditure through internal funds and borrowings from financial institutions. Working capital is generally funded by internal funds and long-term borrowings, while capital expenditure is generally funded by long-term borrowings.」
The description of working capital funding has changed from a policy based primarily on internal funds and short-term borrowings to one based primarily on internal funds and long-term borrowings. Subsequently, the company drew down an unsecured and unguaranteed ¥1,500 million working capital loan with a five-year term. - FY2020-Q1RestatedAnnual report
「The group's working capital and capital expenditures are financed with internal funds and borrowings from financial institutions. Working capital is financed primarily with internal funds and short-term borrowings, while capital expenditures are financed primarily with long-term borrowings.」
The company continues to finance working capital and capital expenditure through internal funds and borrowings from financial institutions, with working capital generally funded by short-term borrowings and capital expenditure by long-term borrowings. Interest-bearing debt stood at ¥2,872 million. - FY2019AdvancedAnnual report
「Net cash provided by financing activities increased by ¥1,594 million, primarily reflecting ¥2,550 million in proceeds from long-term borrowings and ¥805 million in repayments of long-term borrowings.」
The company recorded ¥2,550 million in proceeds from long-term borrowings, bringing interest-bearing debt to ¥3,123 million. The policy of financing working capital and capital expenditure through borrowings became more concrete in the full-year results. - FY2019-Q3RestatedAnnual report
「The group finances its working capital and capital expenditure through internal funds and borrowings from financial institutions.」
The company continues to finance working capital and capital expenditure with internal funds and borrowings from financial institutions. Interest-bearing debt stood at ¥2,319 million at the end of the third quarter. - FY2019-Q2AdvancedAnnual report
「Net cash provided by financing activities was ¥926 million, primarily reflecting ¥1,450 million in proceeds from long-term borrowings and ¥373 million in repayments of long-term borrowings, compared with net cash used of ¥233 million in the same quarter of the previous year.」
The company reconfirmed the drawdown of the previously disclosed ¥1,450 million borrowing in financing cash flows for the second quarter. - FY2019-Q1First statedAnnual report
「①Use of funds Working capital ②Lenders The Bank of Kyoto, MUFG Bank, Ltd., THE SHIGA BANK,LTD. Sumitomo Mitsui Banking Corporation, Kyoto Chuo Shinkin Bank ③Borrowing amount ¥1,450 million ④Contract dates 28 August 2018, 29 August 2018, 31 August 2018, 11 September 2018 ⑤Drawdown dates 28 August 2018, 31 August 2018, 3 September 2018, 13 September 2018 ⑥Loan term 3 to 5 years ⑦Collateral and guarantees Unsecured and unguaranteed」
The company borrowed ¥1,450 million from multiple financial institutions for working capital, with loan terms of 3 to 5 years and no collateral or guarantees.