Diversifying Financing Through Project-Specific Funding and Core-Bank Relationships
First written in FY2018. 4 of 5 entries say "Restated". Latest entry: FY2023.
53 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We procure funding for each project, primarily through borrowings from our lending financial institutions, while remaining mindful of reducing funding costs.」
Continues project-by-project funding and funding primarily through borrowings, while also remaining mindful of reducing funding costs. - FY2022RestatedAnnual report
「1. With respect to funding, we avoid dependence on any particular financial institution, consult with financial institutions for each individual project, and borrow funds after receiving an objective assessment from the financial institutions. 2. We are working to broaden our funding base beyond our core banks.」
Continues measures to diversify funding through project-by-project borrowing discussions, avoidance of concentration in specific financial institutions, and expanding funding sources beyond its core banks. - FY2020RestatedAnnual report
「With respect to funding, we avoid dependence on any particular financial institution, consult with financial institutions for each individual project, and borrow funds after receiving an objective assessment from the financial institutions. We are working to broaden our funding base beyond our core banks.」
Continues its policy of diversifying funding by avoiding concentration in specific financial institutions, conducting project-by-project consultations and objective assessments, and expanding funding sources beyond its core banks. - FY2019RestatedAnnual report
「With respect to funding, we avoid dependence on any particular financial institution, consult with financial institutions for each individual project, and borrow funds after receiving an objective assessment from the financial institutions. We are working to broaden our funding base while maintaining 3–4 core banks at all times.」
Continues measures to diversify funding through project-by-project borrowing discussions, avoidance of concentration in specific financial institutions, and maintaining 3–4 core banks at all times. - FY2018First statedAnnual report
「We do not concentrate financing on any particular financial institution. Instead, we consult with financial institutions for each project and borrow after receiving an objective assessment from them. While maintaining 3 to 4 core banks at all times, we are working to broaden our financing base. Projects related to property development and sales generally range from ¥30 million to ¥300 million per project, allowing flexibility in both financing and sales activities.」
The company first disclosed measures to diversify and maintain flexibility in financing by avoiding concentration in a particular lender, negotiating on a project-by-project basis, maintaining 3 to 4 core banks and setting project sizes at ¥30 million to ¥300 million.