Overdraft Facility to Secure Funding Required for the Asset Management Platform Business
First written in FY2023-Q2. 1 of 3 entries say "Advanced", first in FY2024. Latest entry: FY2026.
Creal moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
11 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The company and its consolidated subsidiaries have entered into overdraft agreements with 4 transaction banks and a commitment line agreement with 1 transaction bank to obtain working capital efficiently.」
The overdraft and commitment line agreements remain in place, but the combined facility limits and commitment line amount total ¥2.2 billion, unchanged from the previous fiscal year and down from the previously stated ¥2,762.2 million. - FY2024AdvancedAnnual report
「The company and its consolidated subsidiaries have entered into overdraft agreements with 5 transaction banks and a commitment line agreement with 1 transaction bank to obtain working capital efficiently. The undrawn amounts under these agreements are as follows.」
The total amount of the overdraft facilities and commitment line was ¥2,762.2 million, while borrowings drawn amounted to ¥717.9 million, indicating an expansion of funding capacity with financial institutions. - FY2023-Q2First statedAnnual report
「The purpose is to ensure stable and flexible access to the funds required for our principal business, the asset management platform business.」
To secure stable and flexible funding for the asset management platform business, the company has entered into overdraft agreements of ¥1,000 million with Mizuho Bank and ¥500 million with MUFG Bank. Both agreements run from 31 October 2022 to 31 October 2023.