Securing Working Capital Funding Capacity through Overdraft Agreements
First written in FY2021-Q1. 11 of 17 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
6 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the current consolidated fiscal year, for the purpose of reducing interest-bearing liabilities and reviewing the short- and long-term borrowing mix, we repaid ¥1.11 billion in borrowings, including short- and long-term borrowings. As a result, compared with the end of the previous consolidated fiscal year, short-term borrowings decreased by ¥800 million and long-term borrowings, including the current portion, decreased by ¥310 million.」
Regarding borrowings raised to manage liquidity during the COVID-19 pandemic, the Group repaid a total of ¥1.11 billion during the current fiscal year, reducing short-term borrowings by ¥800 million and long-term borrowings by ¥310 million. - FY2026-H1AdvancedAnnual report
「Cash decreased by ¥652 million as a result of financing activities during the current interim consolidated accounting period, compared with a decrease of ¥507 million in the same period of the previous year. The main factors were a ¥400 million decrease in short-term borrowings, ¥155 million in repayments of long-term borrowings, and ¥96 million in dividend payments, among others.」
The Group repaid ¥400 million in short-term borrowings and ¥155 million in long-term borrowings, resulting in a ¥652 million decrease in cash from financing activities. Interest-bearing liabilities also decreased by ¥556 million from the end of the previous fiscal year. - FY2025AdvancedAnnual report
「During the current consolidated fiscal year, for the purpose of reducing interest-bearing liabilities and reviewing the short- and long-term borrowing mix, we repaid ¥2.101 billion in borrowings, including short- and long-term borrowings, and drew ¥1 billion in long-term borrowings. As a result, compared with the end of the previous consolidated fiscal year, short-term borrowings decreased by ¥1.9 billion, while long-term borrowings, including the current portion, increased by ¥798 million. The long-term-to-short-term borrowing ratio increased from 42.2% to 93.9%.」
Regarding borrowings raised in response to the COVID-19 pandemic, the Group repaid ¥2.101 billion while drawing ¥1 billion in long-term borrowings, and revised the long-term-to-short-term borrowing ratio from 42.2% to 93.9%. - FY2025-H1Updated borrowings balance and repaymentsAnnual report
「Cash decreased by ¥507 million as a result of financing activities during the current interim consolidated accounting period, compared with a decrease of ¥2.021 billion in the same period of the previous year. The main factors were proceeds of ¥1 billion from long-term borrowings, partly offset by a ¥1.36 billion decrease in short-term borrowings, ¥46 million in repayments of long-term borrowings, and ¥96 million in dividend payments, among others.」
The Group borrowed ¥1 billion in long-term funds, while repaying ¥1.36 billion in short-term borrowings and ¥46 million in long-term borrowings. Interest-bearing liabilities at the end of the interim period had decreased by ¥407 million from the end of the previous fiscal year. - FY2024AdvancedAnnual report
「During the current consolidated fiscal year, we repaid ¥2.015 billion in borrowings, including short- and long-term borrowings, using cash flow from operating activities as performance recovered. We also resumed year-end dividend payments, setting the dividend at ¥5.00 per share. Going forward, based on the recovery in performance and operating cash flow and economic conditions, we plan to repay borrowings, including by reviewing the short- and long-term borrowing mix, maintain stable dividends, and invest in new store openings, renovations and other initiatives aimed at future growth.」
The Group repaid ¥2.015 billion during the current fiscal year in borrowings raised to manage liquidity during the COVID-19 pandemic, and disclosed plans to continue repayments and invest in new store openings and renovations. - FY2024-Q3AdvancedAnnual report
「Liabilities at the end of the cumulative third-quarter consolidated accounting period decreased by ¥372 million from the end of the previous consolidated fiscal year to ¥13.439 billion. This was mainly due to a ¥1.142 billion increase in accounts payable and a ¥513 million increase in other payables, partly offset by a ¥2.03 billion decrease in interest-bearing liabilities, among other factors.」
Regarding borrowings to secure working capital, the Group stated that interest-bearing liabilities at the end of the third quarter had decreased by ¥2.03 billion from the end of the previous consolidated fiscal year. - FY2024-Q2AdvancedAnnual report
「Cash decreased by ¥2.021 billion as a result of financing activities, compared with a decrease of ¥240 million in the same period of the previous year. The main factor was expenditure of ¥2 billion for the repayment of short-term borrowings, among others.」
Regarding working capital raised during the COVID-19 pandemic, the Group repaid ¥2 billion in short-term borrowings during the cumulative second-quarter period. - FY2023AdvancedAnnual report
「Going forward, we expect COVID-19 to gradually subside and revenue to recover, and repaid ¥3 billion in short-term borrowings at the end of March 2023. We plan to repay borrowings obtained during the COVID-19 pandemic once we are able to secure sufficient operating cash flow through the recovery in revenue.」
Regarding working capital raised during the COVID-19 pandemic, the Group repaid ¥3 billion in short-term borrowings at the end of March 2023 and indicated plans to make additional repayments as operating cash flow recovers. - FY2023-Q3RestatedAnnual report
「To address this situation, in prior fiscal years we borrowed ¥10 billion under overdraft facilities with our banking partners and ¥2 billion from a new financial institution, and have received various subsidies and cooperation payments.」
The Group continues to disclose the ¥10 billion and ¥2 billion borrowed in prior fiscal years and the securing of cash on hand through various subsidies and cooperation payments. - FY2023-Q2RestatedAnnual report
「To address this situation, in prior fiscal years we borrowed ¥10 billion under overdraft facilities with our banking partners and ¥2 billion from a new financial institution, and have received various subsidies and cooperation payments.」
The Group continues to disclose the ¥10 billion and ¥2 billion borrowed in prior fiscal years and the securing of cash on hand through various subsidies and cooperation payments. - FY2023-Q1RestatedAnnual report
「To address this situation, in prior fiscal years we borrowed ¥10 billion under overdraft facilities with our banking partners and ¥2 billion from a new financial institution, and have received various subsidies and cooperation payments.」
The Group continues to disclose the ¥10 billion and ¥2 billion borrowed in prior fiscal years and the securing of cash on hand through subsidies and cooperation payments. - FY2022-Q3RestatedAnnual report
「In terms of funding, in addition to the selling, general and administrative expense controls described above, we have secured cash on hand through employment adjustment subsidies, subsidies for cooperation in preventing the spread of infection, and borrowings made during the first half.」
The Group continues to secure cash on hand through selling, general and administrative expense controls, subsidies and cooperation payments, and borrowings made during the first half. - FY2022-Q2AdvancedAnnual report
「To address this situation, during the previous fiscal year we drew ¥10 billion under overdraft facilities with our banking partners, and during the cumulative second-quarter consolidated accounting period drew ¥2 billion from a new financial institution.」
In addition to the ¥10 billion borrowed in the previous fiscal year, the Group borrowed ¥2 billion from a new financial institution during the second quarter to secure working capital. - FY2022-Q1AdvancedAnnual report
「To address this situation, during the previous fiscal year we drew ¥10 billion under overdraft facilities with our banking partners, and during the cumulative first-quarter consolidated accounting period drew ¥1 billion from a new financial institution.」
In addition to borrowing ¥10 billion under an existing overdraft facility, the Group borrowed ¥1 billion from a new financial institution in the first quarter to secure working capital. - FY2021AdvancedAnnual report
「In May, we entered into a new overdraft facility with a banking partner and secured the working capital we require by drawing funds under that facility in September of the same year and January 2021.」
The Group drew funds under the new overdraft facility in September 2020 and January 2021. For the full year, it recorded an increase of ¥9.762 billion in cash from financing activities, including ¥10 billion in short-term borrowings. - FY2021-Q2AdvancedAnnual report
「In May, we entered into a new overdraft facility with a banking partner and secured the working capital we require by drawing funds under that facility in late September.」
The Group disclosed concrete progress under the new overdraft facility entered into in the first quarter, drawing funds under the facility in late September to secure working capital. Financing activities also included proceeds of ¥8 billion from short-term borrowings. - FY2021-Q1First statedAnnual report
「To address this situation, we drew funds in late April under an existing overdraft facility and entered into a new overdraft facility with a banking partner in May, thereby securing the working capital we require.」
To respond to the sharp decline in revenue caused by COVID-19, the Group drew funds under an existing facility and secured working capital by entering into a new overdraft facility with a banking partner.