Financial and Cost Responses to the Prolonged COVID-19 Pandemic
First written in FY2020-Q3. 7 of 11 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The Monogatari moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2022: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The Group’s basic policy is to secure stable liquidity and sources of funds required for business operations. Short-term working capital is funded primarily with internal funds, while capital expenditures and long-term working capital are financed through internal funds, long-term borrowings from financial institutions and the issuance of bonds.」
The financial and capital policy has been reframed from emergency financial measures in response to the prolonged COVID-19 pandemic to a more conventional policy of combining internal funds, long-term borrowings and bonds to secure stable funding for growth investments and working capital. - FY2025-H1AdvancedAnnual report
「To procure working capital efficiently, we have entered into overdraft agreements with seven of our banks. The undrawn amounts under these agreements are as follows: overdraft limit, ¥6,000 million; drawn borrowings, none; undrawn amount, ¥6,000 million.」
The overdraft limit remained at ¥6,000 million, while drawn borrowings fell from ¥1,000 million at the end of FY2024 to zero, leaving ¥6,000 million undrawn. - FY2024AdvancedAnnual report
「To procure working capital efficiently, we have entered into overdraft agreements with seven of our banks. The undrawn amounts under these agreements at the end of the fiscal year are as follows.」
The total overdraft limit was increased from ¥5,000 million to ¥6,000 million. ¥1,000 million was drawn, leaving ¥5,000 million undrawn. - FY2024-Q3AdvancedAnnual report
「To procure working capital efficiently, we have entered into overdraft agreements with six of our banks. The undrawn amounts under these agreements are as follows. Overdraft limit ¥5,000 million Drawn borrowings ¥1,000 million Undrawn amount ¥4,000 million」
Under overdraft agreements with six of our banks, ¥1,000 million of the ¥5,000 million limit had been drawn, leaving ¥4,000 million undrawn. - FY2024-Q1RestatedAnnual report
「To address the recent surge in raw-material prices, our group reviewed its product lineup, menu prices, coupons and other sales-promotion measures. In addition, to address increases in utility and personnel costs, we optimized store hours, controlled personnel costs by standardizing employee work schedules, expanded the number of stores equipped with automatic power-control systems (demand control), and promoted the use of IT to improve and enhance operational efficiency, including at head office.」
We continue to improve cost and operational efficiency by reviewing products, prices and coupons, optimizing store hours, standardizing work schedules, using demand control and promoting the use of IT. - FY2023-Q3RestatedAnnual report
「As a measure to address the recent surge in raw-material prices, our group is reviewing its product lineup, menu prices, coupons and other sales-promotion measures. In addition, to address increases in utility and personnel costs, we are optimizing store hours, expanding the number of stores equipped with automatic power-control systems (demand control), using serving robots, expanding self-checkout, touchscreen ordering systems and cashless payment services, and promoting the use of IT to improve and enhance operational efficiency, including at head office.」
We continue to address increases in raw-material prices, utility costs and personnel expenses by reviewing products, prices and coupons, optimizing store hours, and pursuing labor-saving measures using equipment and IT. - FY2023-Q2AdvancedAnnual report
「As a measure to address the recent surge in raw-material prices, our group is reviewing its product lineup, menu prices, coupons and other sales-promotion measures. In addition, to address increases in utility and personnel costs, we are shortening store hours, expanding the number of stores equipped with automatic power-control systems (demand control), using serving robots, expanding self-checkout, touchscreen ordering systems and cashless payment services, and promoting the use of IT to improve and enhance operational efficiency, including at head office.」
Measures to address rising costs were made more concrete through reviews of the product lineup, prices and coupons, shorter business hours, and labor-saving measures using equipment and IT. - FY2021AdvancedAnnual report
「To procure working capital efficiently, we have entered into overdraft and loan commitment agreements with eight of our banks.」
The total amount of overdraft limits and loan commitments was increased from ¥7,000 million at the end of the previous fiscal year to ¥13,500 million. Drawn borrowings totaled ¥3,700 million, leaving ¥9,800 million undrawn. - FY2021-Q1AdvancedAnnual report
「To procure working capital efficiently, we have entered into overdraft and loan commitment agreements with seven of our banks. The undrawn amounts under these agreements are as follows.」
The total amount of overdraft limits and loan commitments was increased from ¥7,000 million at the end of the previous fiscal year to ¥11,500 million. Drawn borrowings totaled ¥1,900 million, leaving ¥9,600 million undrawn. - FY2020AdvancedAnnual report
「To prepare for financial uncertainty resulting from a resurgence in COVID-19 infections, we are securing sufficient working capital through borrowings from financial institutions and working to stabilize our financial position by entering into overdraft agreements with financial institutions.」
As financial measures in response to a resurgence in infections, it described an overdraft facility agreement with six banks, with a total limit of ¥7,000 million, in addition to borrowings. - FY2020-Q3First statedAnnual report
「We are stabilizing our financial position by borrowing from financial institutions, strengthening measures to improve sales at existing stores, promoting cost-reduction measures such as appropriate employee allocation, and reducing head office expenses, including executive compensation. In addition to holding ¥6,937.341 million in cash and deposits, we borrowed ¥5,000 million in April 2020 as a precaution against the prolonged spread of COVID-19 and have secured sufficient cash on hand.」
As measures to address the deterioration in business performance caused by COVID-19, it initially described in an integrated manner the stabilization of the financial position through borrowings, measures to improve same-store sales, appropriate staffing and cost reductions, and reductions in head office expenses. Specific funding measures included ¥6,937.341 million in cash and deposits, a ¥5,000 million borrowing in April 2020, and a one-year borrowing period.