Diversification of funding methods through bank borrowings, corporate bonds, and credit lines
First written in FY2019. 14 of 17 entries say "Advanced", first in FY2020. Latest entry: FY2026.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Funds used in financing activities during the current consolidated fiscal year amounted to ¥21,340 million. This was mainly due to payments of ¥13,889 million for lease liabilities and ¥7,502 million for long-term borrowings, as well as a decrease from the prior year in borrowings raised to fund 2 M&A investments.」
The company continued repaying long-term borrowings and lease liabilities and reducing borrowings after the M&A investments, while also raising ¥3,200 million through long-term borrowings. - FY2026-H1AdvancedAnnual report
「Funds used in financing activities during the current interim consolidated fiscal year amounted to ¥9,248 million, up 9.7% year on year. This was mainly due to payments of ¥6,874 million for lease liabilities and ¥3,803 million for long-term borrowings, among other factors.」
The company continued repaying long-term borrowings and lease liabilities, redirecting liquidity secured during the pandemic toward debt reduction. It also received ¥3,200 million from long-term borrowings, combining funding and repayments. - FY2025AdvancedAnnual report
「Funds used in financing activities during the current consolidated fiscal year amounted to ¥16,657 million. This was mainly due to payments of ¥13,478 million for lease liabilities and ¥7,614 million for long-term borrowings, among other factors.」
The company continued repaying long-term borrowings and lease liabilities, redirecting liquidity secured during the pandemic toward debt reduction. - FY2025-H1AdvancedAnnual report
「Funds used in financing activities during the current interim consolidated fiscal year amounted to ¥8,430 million, down 26.4% year on year. This was mainly due to payments of ¥6,596 million for lease liabilities and ¥3,737 million for long-term borrowings, among other factors.」
The company repaid ¥3,737 million in long-term borrowings and ¥6,596 million in lease liabilities, while also receiving ¥3,050 million from long-term borrowings, thereby combining funding and debt reduction. - FY2025-Q1RestatedAnnual report
「Funds used in financing activities during the first quarter of the current consolidated fiscal year amounted to ¥3,587 million, down 39.3% year on year. This was mainly due to payments of ¥3,292 million for lease liabilities and ¥1,859 million for long-term borrowings, partly offset by proceeds of ¥2,400 million from long-term borrowings.」
The company combined funding and debt reduction, raising funds through long-term borrowings while continuing to repay long-term borrowings and lease liabilities. - FY2024AdvancedAnnual report
「Funds used in financing activities during the current consolidated fiscal year amounted to ¥22,496 million. This was mainly due to payments of ¥13,120 million for lease liabilities and ¥7,945 million for long-term borrowings, among other factors.」
The company continued repaying long-term borrowings and lease liabilities, redirecting liquidity secured during the pandemic toward debt reduction. - FY2024-Q2AdvancedAnnual report
「Funds used in financing activities during the first six months of the current consolidated fiscal year amounted to ¥11,459 million, up 0.2% year on year. This was mainly due to payments of ¥6,584 million for lease liabilities and ¥4,052 million for long-term borrowings, among other factors.」
The company repaid ¥4,052 million in long-term borrowings and ¥6,584 million in lease liabilities, continuing to redirect liquidity secured during the pandemic toward debt reduction. - FY2024-Q1AdvancedAnnual report
「Funds used in financing activities during the first quarter of the current consolidated fiscal year amounted to ¥5,912 million, down 0.9% year on year. This was mainly due to payments of ¥3,199 million for lease liabilities and ¥2,000 million for long-term borrowings, among other factors.」
The company has moved from diversifying its funding sources to reducing debt, repaying ¥2,000 million in long-term borrowings and ¥3,199 million in lease liabilities during the first quarter. - FY2023-Q3AdvancedAnnual report
「This was mainly due to payments of ¥9,349 million for lease liabilities and ¥6,261 million for long-term borrowings, among other factors.」
The company continued repaying long-term borrowings and lease liabilities, redirecting liquidity secured during the pandemic toward debt reduction. - FY2023-Q2AdvancedAnnual report
「This was mainly due to payments of ¥6,281 million for lease liabilities and ¥4,303 million for long-term borrowings, among other factors.」
The company continued repaying long-term borrowings and lease liabilities, redirecting liquidity secured during the pandemic toward debt reduction. - FY2022AdvancedAnnual report
「In preparation for the period of renewed growth from the fiscal year ending February 2023, the company partially repaid its borrowings in February 2022 to bring on-hand liquidity to an appropriate level, reduce interest costs through debt reduction and improve its financial position.」
The company moved from securing liquidity through borrowings and credit facilities during the pandemic to partially repaying borrowings, optimizing on-hand liquidity and reducing debt in preparation for the period of renewed growth. - FY2022-Q2RestatedAnnual report
「In addition, the Group has secured sufficient working capital through cash on hand and borrowings from financial institutions arranged during the prior consolidated fiscal year to cover the period until the spread of the infection is contained. Its financial stability has also been further reinforced as a result of raising funds through a perpetual subordinated loan in February 2021.」
The company has reconfirmed its policy and track record of securing working capital through cash on hand, borrowings and the perpetual subordinated loan raised in February 2021 until the pandemic subsides. - FY2022-Q1AdvancedAnnual report
「In addition, the Group has secured sufficient working capital through cash on hand and borrowings from financial institutions arranged during the prior consolidated fiscal year to cover the period until the spread of the infection is contained. Its financial stability has also been further reinforced as a result of raising funds through a perpetual subordinated loan in February 2021.」
The company stated that, in addition to securing liquidity through existing borrowings and credit facilities, it raised funds through a perpetual subordinated loan in February 2021. - FY2021-Q2AdvancedAnnual report
「Funds provided by financing activities during the first six months of the current consolidated fiscal year amounted to ¥27,576 million, compared with ¥223 million used in the same period of the prior year. This was mainly due to a net increase in short-term borrowings of ¥40,910 million and proceeds of ¥2,080 million from long-term borrowings, partly offset by payments of ¥8,859 million for long-term borrowings and ¥6,285 million for lease liabilities.」
To secure liquidity during the pandemic, the company disclosed funding undertaken during the first six months of the current fiscal year, including a ¥40,910 million net increase in short-term borrowings. - FY2021-Q1AdvancedAnnual report
「Funds provided by financing activities during the first quarter of the current consolidated fiscal year amounted to ¥32,541 million, compared with ¥62 million provided in the same period of the prior year. This was mainly due to a net increase in short-term borrowings of ¥35,040 million and proceeds of ¥2,008 million from long-term borrowings, partly offset by payments of ¥3,091 million for lease liabilities and ¥1,402 million for long-term borrowings.」
To secure liquidity during the pandemic, the company disclosed funding undertaken, including a ¥35,040 million net increase in short-term borrowings. - FY2020AdvancedAnnual report
「In response to the ongoing COVID-19 pandemic, the Group increased mainly its short-term credit facilities and borrowed funds to enhance on-hand liquidity. It also established new credit lines to prepare for the need to raise funds flexibly.」
The funding policy based on bank borrowings, bonds and credit facilities was given concrete form in response to the pandemic through increased short-term credit facilities, borrowings and the establishment of credit lines. After the fiscal year-end, the company also disclosed a ¥6,000 million commitment line agreement and ¥37,120 million in borrowings. - FY2019First statedAnnual report
「Taking market conditions into account, the Group is diversifying its funding sources by raising funds indirectly through bank borrowings and directly through bond issuance. In addition to cash flow generated by business activities and other sources, the Group has secured credit facilities from financial institutions that are available as needed to meet funding requirements.」
The company provided its first comprehensive description of its liquidity policy, which combines bank borrowings, bonds, operating cash flow and credit facilities from financial institutions.