Management of Liquidity Risk Related to Financing
First written in FY2018. 11 of 19 entries say "Advanced", first in FY2020. Latest entry: FY2026.
17 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Based on reports from each department, the Finance Department regularly prepares and updates cash flow plans to manage liquidity risk. The Company also seeks to reduce liquidity risk by entering into commitment line agreements with its relationship financial institutions.」
At the end of the fiscal year, the ¥2.0 billion commitment line had no borrowings drawn, leaving an undrawn balance of ¥2.0 billion. Operating cash flow of ¥1,263 million and debt reduction were also disclosed. - 2026-05-15AdvancedEarnings
「Payment for the First Series unsecured convertible bonds with stock acquisition rights issued through a private placement completed in October 2025 provided funding for growth investment and further stabilized the financial base.」
Funding through convertible bonds with stock acquisition rights is described as a means of financing growth investment and stabilizing the financial base. - FY2026-H1AdvancedAnnual report
「The Company has entered into lending commitment agreements with its relationship banks to obtain working capital efficiently. The undrawn balance at the end of the interim consolidated accounting period is as follows: Total lending commitments ¥2,000 million Borrowings drawn ¥200 million Difference ¥1,800 million」
The Company maintained a ¥2.0 billion commitment line, drew down ¥200 million, and secured an undrawn balance of ¥1.8 billion. The maturity of the syndicated loan agreement was also extended to 30 June 2026. - FY2025-H1AdvancedAnnual report
「To stabilize cash management and systematically reduce interest-bearing debt, the Company entered into a syndicated loan agreement totaling ¥1.87 billion, arranged by Resona Bank, Limited. As it remains on the path to recovery from the deterioration in performance caused by COVID-19, it also entered into a syndicated loan agreement totaling ¥1.16 billion, arranged by the same bank, to increase cash on hand. Both loans were drawn down on 26 September 2024.」
On 26 September 2024, the Company drew down syndicated loans of ¥1.87 billion for cash management stabilization and interest-bearing debt reduction and ¥1.16 billion to maintain cash on hand. The ¥2.0 billion commitment line remained fully undrawn. - FY2024-Q3ReframedAnnual report
「As the Company remains on the path to recovery from the deterioration in performance caused by COVID-19, it entered into a syndicated loan agreement totaling ¥1.28 billion, arranged by Resona Bank, Limited, to increase cash on hand, and drew down the loan on 27 December 2023. The syndicated loan agreement totaling ¥1.39 billion, arranged by Resona Bank, Limited, ended on 27 December 2023.」
To maintain cash on hand, the Company ended the previous ¥1.39 billion syndicated loan and refinanced it with a new ¥1.28 billion agreement. The commitment line remained at ¥2.0 billion, with no borrowings drawn. - FY2024-Q2MitigatedAnnual report
「In addition, the exercise of the fourth through sixth series of share acquisition rights issued through a third-party allotment proceeded more smoothly than expected, resulting in consolidated net assets of ¥55 million for the cumulative second quarter. The Company also expects its cash position to remain stable for the foreseeable future by continuing to receive support through cooperation with its relationship financial institutions, raising funds to strengthen net assets, and controlling cash flow in line with the funding situation.」
The exercise of share acquisition rights progressed more than expected, resulting in consolidated net assets of ¥55 million. The Company expects its cash position to remain stable for the foreseeable future through continued support from financial institutions, additional funding, and cash flow controls. - FY2024-Q1AdvancedAnnual report
「As the Company remains on the path to recovery from COVID-19, it entered into a syndicated loan agreement totaling ¥1.39 billion, arranged by Resona Bank, Limited, to increase cash on hand, and drew down the loan on 30 June 2023. The syndicated loan agreement totaling ¥1.58 billion, arranged by Resona Bank, Limited, ended on 30 June 2023.」
To maintain cash on hand, the Company drew down a ¥1.39 billion syndicated loan on 30 June 2023 and ended the previous ¥1.58 billion agreement on the same date. The commitment line remained at ¥2.0 billion, with the full amount undrawn. - FY2023-Q2RestatedAnnual report
「Total lending commitments ¥2,000 million Borrowings drawn — ¥ million Difference ¥2,000 million」
The Company maintained total lending commitments of ¥2.0 billion and reconfirmed that the full amount remained undrawn as of the end of September 2022. - FY2023-Q1AdvancedAnnual report
「In addition, in preparation for the prolonged impact of COVID-19, the Company entered into a syndicated loan agreement totaling ¥1.58 billion, arranged by Resona Bank, Limited, to increase cash on hand, and drew down the loan on 30 June 2022.」
In preparation for a prolonged pandemic, the Company drew down a ¥1.58 billion syndicated loan on 30 June 2022 to maintain sufficient cash on hand. The previous ¥1.67 billion agreement ended on the same date. - FY2022-Q3AdvancedAnnual report
「To stabilize cash management, the Company entered into a commitment line agreement with Resona Bank dated 28 June 2021, with a commitment amount of ¥2.0 billion and a six-month term. The term was subsequently extended by six months. Total lending commitments ¥2,000 million Borrowings drawn ¥100 million Difference ¥1,900 million」
The Company extended its ¥2.0 billion commitment line by six months and, as of the end of December 2021, had ¥100 million in borrowings drawn and an undrawn balance of ¥1.9 billion. - FY2022-Q2RestatedAnnual report
「To stabilize cash management, the Company entered into a commitment line agreement with Resona Bank dated 28 June 2021, with a commitment amount of ¥2.0 billion and a six-month term.」
The Company continues to maintain a ¥2.0 billion commitment line with a six-month term to stabilize cash management. At the end of the quarter, borrowings drawn were ¥200 million and the undrawn balance was ¥1.8 billion. - FY2022-Q1AdvancedAnnual report
「To stabilize cash management, the Company entered into a commitment line agreement with Resona Bank dated 28 June 2021, with a commitment amount of ¥2.0 billion and a six-month term.」
For liquidity management, the Company entered into a commitment line agreement dated 28 June 2021 with a commitment amount of ¥2.0 billion and a six-month term. In addition, a ¥1.67 billion syndicated loan was drawn down on 30 June. - FY2021AdvancedAnnual report
「Total lending commitments ¥2,700 million Borrowings drawn ¥900 million Difference ¥1,800 million」
The commitment line totals ¥2.7 billion, with ¥900 million drawn and an undrawn balance of ¥1.8 billion, indicating the specific liquidity available. - FY2021-Q3AdvancedAnnual report
「However, based on the cash flow plan prepared, the Company is consulting with its relationship financial institutions and others and believes that it will be able to strengthen its financial base even during the period affected by COVID-19 and resolve the relevant circumstances.」
As measures to address doubts regarding the going-concern assumption, the Company has identified a cash flow plan, consultations with financial institutions and others, and strengthening its financial base as specific responses. - FY2021-Q2AdvancedAnnual report
「The Company has entered into a commitment line agreement with Resona Bank, Limited to improve the flexibility and stability of its funding. The undrawn balance under this agreement is as follows: total lending commitments, ¥2,700 million; borrowings drawn, ¥1,700 million; difference, ¥1,000 million.」
As a response to liquidity risk, the Company established a ¥2.7 billion commitment line, drew down ¥1.7 billion, and secured an undrawn balance of ¥1.0 billion. - FY2020AdvancedAnnual report
「Based on reports from each department, the Finance Department regularly prepares and updates cash flow plans to manage liquidity risk. The Company also seeks to reduce liquidity risk by entering into commitment line agreements with its relationship financial institutions.」
In addition to preparing and updating cash flow plans, the Company identifies commitment line agreements with its relationship financial institutions as a means of reducing liquidity risk. - FY2020-Q2MitigatedAnnual report
「To stabilize cash management and systematically reduce interest-bearing debt, the Company entered into a syndicated loan agreement totaling ¥4.4 billion, arranged by Resona Bank, Limited, and drew down the loan on 30 September 2019.」
A ¥4.4 billion syndicated loan was drawn down on 30 September 2019 to stabilize cash management and reduce interest-bearing debt. Specific funding measures for liquidity management have been disclosed. - FY2019RestatedAnnual report
「Based on reports from each department, the Finance Department periodically prepares and updates cash flow plans and manages liquidity risk.」
The Company maintains a system under which the Finance Department regularly prepares and updates cash flow plans to manage liquidity risk. - FY2018First statedAnnual report
「Based on reports from each department, the Finance Department periodically prepares and updates cash flow plans and manages liquidity risk.」
The Company recognizes liquidity risk, meaning the risk of being unable to make payments when due, and manages it through the Finance Department’s regular preparation and updating of cash flow plans.