Self-funded operations and debt-free financing
First written in FY2019. 2 of 4 entries say "Restated". Latest entry: FY2026.
Softcreate Holdings Corp. moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
1 other company's latest entry also says "Softened".
- FY2026SoftenedAnnual report
「If funding needs arise that exceed available cash for working capital, capital expenditures, and funds required in connection with business or capital alliances, the company will determine the funding method, including bank borrowings, both short-term and long-term, bond issuance, and a public offering, after comprehensively considering the purpose, amount, term, cost and other factors. The company generates substantial cash flow from operating activities and plans, for the time being, to fund the working capital, capital expenditures and other needs required now and in the future with internal funds.」
Although the policy of relying primarily on internal funds continues, long-term borrowings of ¥208.821 million were recorded at the end of the fiscal year, and the explanation changed to explicitly state that funding may be obtained through bank borrowings and other means. - FY2025RestatedAnnual report
「The company plans, for the time being, to fund the working capital, capital expenditures and other needs required now and in the future with internal funds.」
The policy of funding working capital and capital expenditures with internal funds for the time being continues. - FY2021RestatedAnnual report
「The company generates substantial cash flow from operating activities and plans, for the time being, to fund the working capital, capital expenditures and other needs required now and in the future with internal funds. In addition, at the end of the fiscal year, it had no interest-bearing debt, including borrowings and lease liabilities, and cash and cash equivalents stood at ¥6.986 billion.」
The explanation that the company will fund working capital and capital expenditures with internal funds for the time being and has no interest-bearing debt continues. - FY2019First statedAnnual report
「The company generates substantial cash flow from operating activities and plans, for the time being, to fund the working capital, capital expenditures and other needs required now and in the future with internal funds. In addition, at the end of the fiscal year, it had no interest-bearing debt, including borrowings and lease liabilities, and cash and cash equivalents stood at ¥5.862 billion.」
The company initially disclosed a policy of funding working capital and capital investment with internal funds and a financial position with no interest-bearing debt.