Raising ¥750 million in working capital to address COVID-19
First written in FY2020. 5 of 9 entries say "Mitigated", first in FY2022. Latest entry: FY2027-H1.
2 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Despite proceeds from long-term borrowings, payments for the repayment of long-term borrowings, dividend payments and the repayment of lease obligations, among others, resulted in a net cash outflow of ¥162.371 million, compared with an outflow of ¥386.444 million in the previous interim consolidated accounting period.」
Regarding funds secured for measures addressing COVID-19 and other purposes, proceeds from long-term borrowings were recorded, but financing cash outflows for repayments and other items continued, although the outflow was smaller than in the same period of the previous year. - FY2026MitigatedAnnual report
「Current liabilities as of the end of the consolidated fiscal year decreased by ¥103.616 million from the end of the previous consolidated fiscal year to ¥1,125.510 million. The main factor was a ¥280.474 million decrease in long-term borrowings due within 1 year. Non-current liabilities decreased by ¥49.082 million from the end of the previous consolidated fiscal year to ¥1,673.883 million. The main factor was a ¥95.134 million decrease in long-term borrowings.」
Regarding the funds secured in response to COVID-19, it describes a phase in which repayments of long-term borrowings and other borrowings progressed and the outstanding borrowing balance declined. - FY2023MitigatedAnnual report
「Non-current liabilities decreased by ¥105.442 million from the end of the previous consolidated fiscal year to ¥1,595.202 million. The main factor was a ¥191.371 million decrease in long-term borrowings.」
Regarding the funds secured in response to COVID-19, it describes a phase in which repayments of long-term borrowings progressed and the outstanding borrowing balance declined. - FY2023-Q1MitigatedAnnual report
「Non-current liabilities decreased by ¥63.681 million from the end of the previous consolidated fiscal year to ¥1,636.962 million. The main factor was a decrease of ¥86.985 million in long-term borrowings.」
Long-term borrowings decreased by ¥86.985 million, while non-current liabilities also decreased by ¥63.681 million from the end of the previous consolidated fiscal year. - FY2022MitigatedAnnual report
「Non-current liabilities decreased by ¥349.009 million from the end of the previous consolidated fiscal year to ¥1,700.644 million. The main factor was a ¥359.621 million decrease in long-term borrowings.」
Regarding the funds secured in response to COVID-19, it describes a phase in which repayments of long-term borrowings progressed and the outstanding borrowing balance declined. - FY2022-Q2Transition to a phase of loan repaymentsAnnual report
「The main factors were decreases of ¥46.072 million in cash and deposits and ¥6.033 million in accounts receivable, resulting from progress in repaying borrowings from financial institutions.」
Regarding the funds secured in response to COVID-19, repayments of borrowings from financial institutions progressed, reducing cash and deposits by ¥46.072 million. As short-term borrowings also increased, financing consisted of both repayments and additional borrowings. - FY2021-Q2AdvancedAnnual report
「Current assets at the end of the second quarter of the current consolidated fiscal year increased by ¥626.479 million from the end of the previous consolidated fiscal year to ¥2,524.152 million. The main factors were increases of ¥616.742 million in cash and deposits and ¥36.142 million in merchandise, resulting from borrowings from financial institutions between April and May and the consolidation of MOTTAINAI WORLD(THAILAND) CO., LTD.」
Regarding measures to build up cash on hand, it states that borrowings from financial institutions were made between April and May, resulting in an increase of ¥616.742 million in cash and deposits. - FY2021-Q1AdvancedAnnual report
「The main factor was an increase of ¥611.835 million in cash and deposits, resulting from borrowings from financial institutions between April and May.」
Regarding the securing of working capital in response to COVID-19, it states that borrowings from financial institutions were made between April and May, resulting in an increase of ¥611.835 million in cash and deposits. - FY2020First statedAnnual report
「We borrowed from financial institutions from 7 April 2020 to 30 April 2020 in preparation for an increase in working capital. Under a monetary loan agreement, we raised ¥750 million at an interest rate determined with reference to market rates.」
As a subsequent event after the filing, it states that ¥750 million was raised from financial institutions in April 2020 on an unsecured and unguaranteed basis in preparation for an increase in working capital.