Financing Policy Centered on Internal Funds
First written in FY2019. 1 of 17 entries say "Reframed", first in FY2020. Latest entry: FY2026-H1.
49 other companies' latest entry also says "Other".
- FY2026-H1Formalization of a Commitment Line AgreementAnnual report
「To secure working capital flexibly, the company entered into a monetary loan agreement with a financial institution containing financial covenants, namely a commitment line agreement.」
Under a funding policy combining internal funds and short-term borrowings, the company entered into a commitment line agreement in November 2025 with a total facility of ¥1.5 billion and borrowings outstanding of ¥1.5 billion at the end of the interim period. - FY2025Decline in Short-Term BorrowingsAnnual report
「The group's working capital is funded mainly from internal funds and short-term borrowings.」
The company continued its policy of relying primarily on internal funds while also using short-term borrowings, reducing its short-term debt balance from ¥2.233336 billion at the end of the previous fiscal year to ¥2.1 billion. - FY2025-H1Repayments of short-term borrowings exceeded new borrowingsAnnual report
「While there were ¥647.5 million in proceeds from short-term borrowings, there were also ¥672.496 million in repayments of short-term borrowings」
The company continued to borrow and repay short-term funds, but during the interim period, repayments exceeded new borrowings. Short-term borrowings stood at ¥2.20834 billion at period-end. - FY2024Continued financing through short-term borrowingsAnnual report
「While there was ¥9.15 billion in proceeds from short-term borrowings, there were also ¥8.416664 billion in repayments of short-term borrowings and ¥147.472 million in repayments of long-term borrowings.」
The company continued to rely primarily on internal funds while undertaking substantial short-term borrowing and repayment, resulting in a short-term debt balance of ¥2.233336 billion at the end of the period. - FY2024-Q3Continued increase in short-term borrowingsAnnual report
「Increase of ¥845.834 million from raising short-term borrowings」
While maintaining a policy based on internal funds, short-term borrowings at the end of the third quarter had increased by ¥845.834 million from the end of the previous fiscal year to ¥2,345.834 million. - FY2024-Q2Continued financing through short-term borrowingsAnnual report
「This was mainly because, while there were proceeds of ¥4.2 billion from short-term borrowings, there were payments of ¥3.5 billion for the repayment of short-term borrowings, ¥101.653 million for the repayment of long-term borrowings, and ¥36.008 million in arrangement fees and other expenses associated with establishing a commitment line.」
Under a policy based on internal funds, the company recorded ¥4.2 billion in proceeds from short-term borrowings and ¥3.5 billion in repayments, leaving a short-term borrowing balance of ¥2.2 billion. - FY2024-Q1Additional raising of short-term borrowingsAnnual report
「Increase of ¥200 million from raising short-term borrowings」
Under a financing policy based on internal funds, the company additionally raised ¥200 million in short-term borrowings during the first quarter, bringing the balance at the end of the quarter to ¥1.7 billion. - FY2023Continued increase in short-term borrowingsAnnual report
「The group's working capital is funded mainly from internal funds and short-term borrowings.」
The company expressly stated a policy of primarily using internal funds while also using short-term borrowings, and short-term borrowings at the fiscal year-end were ¥1.5 billion, an increase of ¥700 million from the end of the previous fiscal year. - FY2023-Q3Continued increase in short-term borrowingsAnnual report
「Increase of ¥801 million in short-term borrowings」
While maintaining a policy based on internal funds, short-term borrowings had increased by ¥801 million from the end of the previous fiscal year as of the end of the third quarter. - FY2023-Q2Significant increase in short-term borrowingsAnnual report
「This was mainly because, while there were payments of ¥3.9 billion for the repayment of short-term borrowings, ¥118.818 million for the repayment of long-term borrowings, and ¥27.605 million in arrangement fees and other expenses associated with establishing a commitment line, there were proceeds of ¥4.701 billion from short-term borrowings.」
While repaying long-term borrowings, the company recorded ¥4.701 billion in proceeds from short-term borrowings, resulting in financing centered on short-term borrowings. - FY2023-Q1Raising short-term borrowingsAnnual report
「Increase of ¥400 million from raising short-term borrowings」
Under a policy based on internal funds, short-term borrowings increased by ¥400 million during the quarter. - FY2022Financing through short-term borrowingsAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year were ¥941.696 million, and the company believes that it currently has sufficient financial resources and liquidity to meet future funding needs. Its basic policy is likewise to fund capital expenditures from internal funds, but if a large capital investment project or acquisition arises, it will consider and implement financing through borrowings from financial institutions.」
While maintaining its policy of primarily using internal funds, the company recorded ¥1.7 billion in proceeds from short-term borrowings and ¥900 million in repayments during the fiscal year, and its cash balance decreased. - FY2022-Q3Increase in short-term borrowingsAnnual report
「This was mainly because short-term borrowings increased by ¥800 million, accounts payable by ¥115.692 million, other payables by ¥66.257 million, and accrued corporate taxes and other taxes by ¥34.08 million, while current maturities of long-term borrowings decreased by ¥168.782 million and long-term borrowings decreased by ¥397.584 million.」
Under a financing policy based on internal funds, short-term borrowings of ¥800 million were recorded at the end of the quarter, with the repayment of long-term borrowings occurring alongside financing through short-term borrowings. - FY2022-Q2Use of short-term borrowings and a commitment lineAnnual report
「This was mainly because, while there were payments of ¥491.112 million for the repayment of long-term borrowings and ¥22 million in arrangement fees and other expenses associated with establishing a commitment line, there were proceeds of ¥500 million from short-term borrowings.」
As financing activity, the company repaid long-term borrowings, raised ¥500 million through short-term borrowings, and paid ¥22 million in expenses associated with establishing a commitment line. - FY2021RestatedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year were ¥1,469.224 million, and the company believes that it currently has sufficient financial resources and liquidity to meet future funding needs.」
The company reconfirms its policy of primarily using internal funds for working capital and ordinary capital expenditures and considering long-term borrowings for large capital investments and acquisitions. - FY2020ReframedAnnual report
「Its basic policy is likewise to fund capital expenditures from internal funds, but if a large capital investment project or acquisition arises, it will consider and implement financing through long-term borrowings from financial institutions.」
The company is broadening its financing policy, which is based on internal funds, to include acquisitions as well as large capital investments as purposes for long-term borrowing. - FY2019First statedAnnual report
「The group's working capital is funded mainly from internal funds. Cash and cash equivalents at the end of the current consolidated fiscal year were ¥1,166.847 million, and the company believes that it currently has sufficient financial resources and liquidity to meet future funding needs. Its basic policy is likewise to fund capital expenditures from internal funds, but if a large capital investment project arises, it will consider and implement financing through long-term borrowings from financial institutions.」
The company has, for the first time, expressly stated its financing policy of funding working capital and ordinary capital expenditures from internal funds and considering and implementing long-term borrowings from financial institutions for large capital investments.