Bank Borrowing-Centered Financing Policy
First written in FY2016. 16 of 19 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company generally meets these funding needs from operating cash flow. Any shortfall is addressed as necessary, with short-term funding such as working capital provided under overdraft agreements with financial institutions, and long-term funding such as capital expenditure funded through equity financing, including proceeds from the exercise of stock acquisition rights.」
The company continued to use operating cash flow as its primary funding source, overdrafts for short-term funding, and equity financing such as the exercise of stock acquisition rights for long-term funding. During the year, it received ¥259.35 million from the exercise of stock acquisition rights while repaying ¥64.94 million of long-term borrowings. - FY2026-H1AdvancedAnnual report
「Liabilities decreased by ¥74.115 million from the end of the previous consolidated fiscal year to ¥890.296 million. This was mainly due to a ¥32.536 million decrease in consumption tax payable to ¥14.122 million following payment of consumption tax, and a ¥44.086 million decrease in long-term borrowings and long-term borrowings due for repayment within one year to ¥178.563 million, mainly as a result of early repayments to financial institutions.」
Early repayments of long-term borrowings and other obligations to financial institutions reduced long-term borrowings and amounts due for repayment within one year by ¥44.086 million. - FY2025AdvancedAnnual report
「Cash provided by financing activities increased by ¥340.819 million during the consolidated fiscal year, compared with a decrease of ¥159.582 million in the previous consolidated fiscal year. This was mainly due to ¥200 million in proceeds from the issuance of new shares, ¥111.295 million in proceeds from the exercise of stock acquisition rights, and ¥38.5 million in proceeds from the issuance of stock acquisition rights, partly offset by ¥32.721 million in repayments of long-term borrowings.」
In addition to bank borrowings, the company raised funds through the issuance of new shares, the exercise of stock acquisition rights, and the issuance of stock acquisition rights, resulting in a ¥340.819 million increase in cash provided by financing activities. - FY2025-H1AdvancedAnnual report
「Cash provided by financing activities increased by ¥107.654 million during the interim consolidated accounting period, compared with a decrease of ¥58.617 million in the previous interim consolidated accounting period. This was mainly due to ¥111.295 million in proceeds from the exercise of stock acquisition rights, together with ¥10 million in proceeds from long-term borrowings and ¥13.116 million in repayments of long-term borrowings.」
Under a funding policy centered on borrowings, the company received ¥111.295 million from the exercise of stock acquisition rights and ¥10 million in long-term borrowings, while repaying ¥13.116 million of long-term borrowings. - FY2024AdvancedAnnual report
「The company generally meets these funding needs from operating cash flow. Any shortfall is addressed as necessary, with short-term funding such as working capital provided under overdraft agreements with financial institutions, and long-term funding such as capital expenditure funded through equity financing, including proceeds from the exercise of stock acquisition rights.」
The company continued to use operating cash flow as its primary funding source, overdrafts for short-term funding, and equity financing such as the exercise of stock acquisition rights for long-term funding. In practice, it repaid ¥108 million of short-term borrowings and ¥100.402 million of long-term borrowings, reducing outstanding borrowings. - FY2024-Q3AdvancedAnnual report
「Liabilities decreased by ¥154.255 million from the end of the previous consolidated fiscal year to ¥957.148 million. This was mainly due to repayments of borrowings, which reduced short-term borrowings by ¥108 million to ¥431.5 million and long-term borrowings, including amounts due for repayment within one year, by ¥94.153 million to ¥116.98 million.」
Under a funding policy centered on bank borrowings, the company repaid ¥108 million of short-term borrowings and ¥94.153 million of long-term borrowings, including amounts due for repayment within one year, reducing its outstanding borrowings. - FY2024-Q2AdvancedAnnual report
「Total overdraft limit ¥539.5 million ¥591.5 million Outstanding borrowings ¥539.5 million ¥519.5 million Difference — ¥72 million」
The overdraft limit increased to ¥591.5 million, while outstanding borrowings decreased to ¥519.5 million, resulting in ¥72 million of undrawn capacity. - FY2024-Q1AdvancedAnnual report
「Total overdraft limit ¥539.5 million ¥591.5 million Outstanding borrowings ¥539.5 million ¥519.5 million Difference — ¥72 million」
The overdraft limit increased to ¥591.5 million, while outstanding borrowings stood at ¥519.5 million, leaving ¥72 million of undrawn capacity. - FY2023AdvancedAnnual report
「The company generally meets these funding needs from operating cash flow. Any shortfall is addressed as necessary, with short-term funding such as working capital provided under overdraft agreements with financial institutions, and long-term funding such as capital expenditure funded through equity financing, including proceeds from the exercise of stock acquisition rights.」
The funding policy was formalized as a combination of operating cash flow as the primary source, overdrafts for short-term funding, and equity financing such as proceeds from the exercise of stock acquisition rights for long-term funding. At fiscal year-end, the overdraft limit and outstanding borrowings were ¥539.5 million. - FY2023-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 October 2022, the Company resolved to raise additional funds under an overdraft agreement for allocation to new capital expenditures in preparation for future growth, and subsequently entered into the overdraft agreement as described below.／Overdraft limit ¥160.000 million」
The company entered into an overdraft agreement with Hokkoku Bank to fund new capital investment, establishing a borrowing limit of ¥160 million. - FY2023-Q2AdvancedAnnual report
「Net cash provided by financing activities increased by ¥19.562 million, compared with an increase of ¥347.917 million in the same quarter of the previous year. This was mainly because the company received ¥30.000 million from new borrowings, while repaying ¥8.358 million in long-term borrowings.」
The company raised ¥30.000 million through new borrowings while repaying ¥8.358 million in long-term borrowings. - FY2022AdvancedAnnual report
「Funds provided by financing activities increased by ¥336.120 million during the current consolidated fiscal year. This was mainly due to ¥20.000 million in repayments of short-term borrowings, ¥195.467 million in proceeds from the issuance of shares, and ¥175.322 million in proceeds from the exercise of stock acquisition rights.」
While repaying short-term borrowings, the company raised funds through share issuance and the exercise of stock acquisition rights, demonstrating the full-year use of both borrowings and equity-related financing. - FY2022-Q2Combined use of debt repayments and financing through shares and stock acquisition rightsAnnual report
「Net cash provided by financing activities increased by ¥347.917 million. The main factors were ¥200.003 million in proceeds from the issuance of shares through a third-party allotment and ¥175.322 million in proceeds from the issuance of shares upon the exercise of stock acquisition rights.／Following the repayment of borrowings, short-term borrowings decreased by ¥20.000 million to ¥431.500 million, and long-term borrowings decreased by ¥8.358 million to ¥115.491 million.」
While repaying borrowings, the company raised funds through a third-party allotment and the exercise of stock acquisition rights. Its financing track record has expanded beyond bank borrowings to include equity-related financing. - FY2021AdvancedAnnual report
「These funding needs will be met primarily from operating cash flow, supplemented as necessary by short-term borrowings from financial institutions for short-term funds such as working capital, and by long-term borrowings from financial institutions and equity financing for long-term funds such as capital expenditures.」
Following the transition to consolidated operations, the company outlined a funding policy combining short-term borrowings, long-term borrowings, and equity to finance working capital and capital expenditures. - FY2020AdvancedAnnual report
「Funds provided by financing activities increased by ¥69.441 million during the fiscal year. This was mainly due to ¥45.000 million in proceeds from an increase in short-term borrowings and ¥30.000 million in proceeds from long-term borrowings.」
In line with its policy of financing primarily through bank borrowings, the company raised ¥45.000 million through short-term borrowings and ¥30.000 million through long-term borrowings. - FY2020-Q3AdvancedAnnual report
「Current liabilities totaled ¥591.808 million, an increase of ¥74.450 million from the end of the previous fiscal year. This was mainly due to increases of ¥46.500 million in short-term borrowings and ¥29.334 million in notes and accounts payable, trade, resulting from higher purchases related to the textile business. Non-current liabilities totaled ¥305.085 million, an increase of ¥27.768 million from the end of the previous fiscal year, mainly due to a ¥24.240 million increase in long-term borrowings.」
Short-term borrowings increased by ¥46.500 million and long-term borrowings by ¥24.240 million, advancing financing through borrowings. - FY2020-Q2AdvancedAnnual report
「Net cash provided by financing activities increased by ¥57.217 million, compared with a decrease of ¥10.034 million in the same quarter of the previous year. This was due to an increase of ¥29.500 million in short-term borrowings and ¥30.000 million in proceeds from long-term borrowings.」
Net cash provided by financing activities increased through a ¥29.500 million increase in short-term borrowings and ¥30.000 million in long-term borrowings. - FY2018Internal funds and cash flow from operating activities identified as sources of financingAnnual report
「The necessary funds described above will be raised from internal funds and cash flow from operating activities.」
In addition to its existing policy of bank borrowings, the company explicitly identifies internal funds and cash flow from operating activities as sources for raising the necessary funds. - FY2016First statedAnnual report
「The Group's policy is to limit fund investments to short-term deposits and similar instruments and to raise funds through borrowings from banks and other financial institutions. It does not engage in derivative transactions at all.」
The company relies primarily on short-term deposits and bank borrowings and does not use derivatives.