Securing the Financial Foundation and Cash Liquidity Needed to Continue Property Development
First written in FY2018. 3 of 25 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-08-10.
58 other companies' latest entry also says "Other".
- 2026-08-10OtherEarnings presentation
「Inventories and interest-bearing liabilities increased due to the completion of indoor facilities and the acquisition of investment real estate」
From the end of the previous fiscal year, inventories increased by ¥367 million and interest-bearing liabilities by ¥96 million, while cash and deposits decreased by ¥294 million. - FY2025Update on cash on hand and borrowings during development investmentAnnual report
「At the end of the current fiscal year, borrowings stood at ¥898.648 million and cash and deposits at ¥2,238.684 million. The Company considers that it has secured the funds it needs. In addition, it has entered into overdraft agreements with 11 financial institutions to prepare for sudden funding needs and unforeseen circumstances.」
The Company disclosed borrowings of ¥898.648 million, cash and deposits of ¥2,238.684 million, and overdraft agreements with 11 financial institutions. Cash and cash equivalents decreased by ¥245.735 million from the end of the previous fiscal year. - FY2025-H1Expansion of overdraft facilities, drawdown of borrowings and decrease in cash on handAnnual report
「Cash and cash equivalents at the end of the current interim accounting period were ¥2,103.950 million.」
Cash and cash equivalents were ¥2,103.950 million, while the Company recorded long-term borrowings of ¥300.000 million and short-term borrowings of ¥17.400 million. The overdraft limit was increased to ¥830.000 million. - FY2024Decrease in borrowings and update of cash on handAnnual report
「At the end of the current fiscal year, borrowings stood at ¥716.241 million and cash and deposits at ¥2,484.413 million. The Company considers that it has secured the funds it needs. In addition, it has entered into overdraft agreements with 10 financial institutions to prepare for sudden funding needs and unforeseen circumstances.」
Borrowings decreased from ¥1,003.045 million at the end of the previous fiscal year to ¥716.241 million. Cash and deposits were ¥2,484.413 million, and overdraft facilities with 10 financial institutions totaled ¥630.000 million. - FY2024-Q2Update of cash, real estate and borrowing balances during development investmentAnnual report
「Current assets decreased by ¥29.796 million from the end of the previous fiscal year to ¥3,415.617 million. This was mainly because trade receivables increased by ¥66.559 million, real estate held for sale by ¥12.407 million, work-in-progress real estate by ¥80.276 million, and claims for reimbursement by ¥92.773 million, while cash and deposits decreased by ¥215.964 million due to purchases of inventories, payment of corporate taxes and other factors.」
Development real estate and claims for reimbursement increased, while cash and deposits decreased by ¥215.964 million. Long-term borrowings decreased by ¥17.502 million, while short-term borrowings increased by ¥27.000 million. - FY2024-Q1Update of cash, development real estate and borrowing balancesAnnual report
「Current assets decreased by ¥120.914 million from the end of the previous fiscal year to ¥3,324.498 million. This was mainly because work-in-progress real estate increased by ¥49.877 million, while cash and deposits decreased by ¥185.488 million due to the payment of corporate taxes and other taxes.」
While continuing development investment, work-in-progress real estate increased by ¥49.877 million, and cash and deposits decreased by ¥185.488 million due to tax payments and other factors. Long-term borrowings also decreased by ¥8.751 million. - FY2023Update of cash and borrowing balancesAnnual report
「At the end of the current fiscal year, borrowings stood at ¥1,003.045 million and cash and deposits at ¥2,699.589 million. The Company considers that it has secured the funds it needs. In addition, it has entered into overdraft agreements with 11 financial institutions to prepare for sudden funding needs and unforeseen circumstances.」
While advancing the acquisition of land for development, the Company disclosed borrowings of ¥1,003.045 million, cash and deposits of ¥2,699.589 million, and overdraft facilities with 11 financial institutions. - FY2023-Q3Update of cash and borrowing balances during development investmentAnnual report
「Current assets increased by ¥354.547 million from the end of the previous fiscal year to ¥3,769.376 million. This was mainly because real estate held for sale increased by ¥338.788 million, work-in-progress real estate by ¥242.660 million, claims for reimbursement by ¥84.000 million, and trade receivables by ¥20.641 million, while cash and deposits decreased by ¥322.235 million due to an increase in inventories and other factors. Non-current liabilities increased by ¥359.607 million from the end of the previous fiscal year to ¥958.552 million. This was because long-term borrowings increased by ¥359.607 million.」
Real estate held for sale and work-in-progress real estate related to development increased, while cash and deposits decreased by ¥322.235 million and long-term borrowings increased by ¥359.607 million. - FY2023-Q2Update of cash and borrowing balancesAnnual report
「Funds provided by financing activities were ¥19.534 million, compared with ¥286.715 million used in the same period of the previous year. This was because the Company received ¥278.800 million from long-term borrowings, while paying dividends of ¥10.163 million, recording a net decrease of ¥150.000 million in short-term borrowings, and spending ¥99.102 million on repayment of long-term borrowings.」
Cash and cash equivalents at the end of the second quarter were ¥2,460.881 million. The Company raised ¥278.800 million in long-term borrowings, while repaying ¥150.000 million in short-term borrowings and ¥99.102 million in long-term borrowings. - FY2023-Q1Update of cash and borrowing balancesAnnual report
「Current assets decreased by ¥75.029 million from the end of the previous fiscal year to ¥3,339.800 million. This was mainly because work-in-progress real estate increased by ¥23.848 million, while cash and deposits decreased by ¥106.460 million due to the payment of corporate taxes and other taxes.」
While development real estate increased, cash and deposits decreased by ¥106.460 million due to tax payments and other factors. Long-term borrowings also increased by ¥5.049 million. - FY2022Update of liquidity and borrowing balancesAnnual report
「At the end of the current fiscal year, borrowings stood at ¥1,124.049 million and cash and deposits at ¥3,016.837 million. The Company considers that it has secured the funds it needs. In addition, it has entered into overdraft agreements with 11 financial institutions to prepare for sudden funding needs and unforeseen circumstances.」
The Company explained that, through property sales and repayment of borrowings, borrowings stood at ¥1,124.049 million and cash and deposits at ¥3,016.837 million, with the funds it needs and overdraft facilities from 11 financial institutions secured. - FY2022-Q3Update of liquidity and borrowing balancesAnnual report
「Total assets at the end of the third quarter of the current fiscal period were ¥3,892.466 million. Major components were cash and deposits of ¥2,670.352 million, real estate held for sale of ¥543.741 million, work-in-progress real estate of ¥60.126 million, trade receivables of ¥94.313 million, and claims for reimbursement of ¥323.693 million. Liabilities were ¥1,702.594 million. Major components were short-term borrowings of ¥150.000 million, the current portion of long-term borrowings of ¥630.004 million, deferred revenue of ¥117.221 million, and long-term borrowings of ¥655.996 million.」
The Company updated its balances of total assets, cash and deposits, real estate held for sale and work-in-progress real estate, liabilities, and borrowings at the end of the third quarter. - FY2022-Q2Update of liquidity and borrowing balancesAnnual report
「Total assets at the end of the second quarter of the current fiscal period were ¥3,920.014 million. Major components were cash and deposits of ¥2,642.853 million, real estate held for sale of ¥544.046 million, work-in-progress real estate of ¥175.022 million, trade receivables of ¥118.706 million, and claims for reimbursement of ¥294.718 million. Liabilities were ¥1,783.909 million.」
While continuing development and sales, the Company disclosed balances of total assets of ¥3,920.014 million, cash and deposits of ¥2,642.853 million, real estate held for sale of ¥544.046 million, work-in-progress real estate of ¥175.022 million, and liabilities of ¥1,783.909 million. - FY2022-Q1Update of liquidity balances during development investmentAnnual report
「Current assets decreased by ¥102.652 million from the end of the previous fiscal year to ¥3,955.663 million. This was mainly because claims for reimbursement increased by ¥18.839 million, while cash and deposits decreased by ¥124.822 million due to the payment of corporate taxes and other taxes.」
While continuing property development and operations, current assets were ¥3,955.663 million, and cash and deposits decreased by ¥124.822 million from the end of the previous fiscal year to ¥2,593.315 million. - FY2021-Q3Update of asset and liability balances during development investmentAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period were ¥4,699.255 million. Major components were cash and deposits of ¥2,732.486 million, real estate held for sale of ¥337.781 million, work-in-progress real estate of ¥1,095.792 million, and claims for reimbursement of ¥261.975 million. Liabilities were ¥2,577.043 million.」
While continuing development investment, the Company disclosed balances of total assets of ¥4,699.255 million, cash and deposits of ¥2,732.486 million, real estate held for sale of ¥337.781 million, work-in-progress real estate of ¥1,095.792 million, and liabilities of ¥2,577.043 million. - FY2021-Q2Update of asset and liability balances during development investmentAnnual report
「Total assets at the end of the second quarter of the current consolidated fiscal period were ¥4,849.046 million. Major components were cash and deposits of ¥2,707.253 million, real estate held for sale of ¥850.542 million, and work-in-progress real estate of ¥766.896 million. Liabilities were ¥2,752.740 million.」
At the end of the second quarter following the start of consolidated financial reporting, the Company disclosed balances of cash and deposits, real estate held for sale, work-in-progress real estate, and liabilities. - FY2021-Q1Changes in assets and borrowings while development investment continuesAnnual report
「Current assets decreased by ¥580.970 million from the end of the previous fiscal year to ¥4,368.543 million. This was mainly because work-in-progress real estate increased by ¥265.471 million as the Company continued to acquire land for and develop self-storage facilities, while real estate held for sale decreased by ¥762.802 million through sales and cash and deposits decreased by ¥97.752 million due to the payment of corporate taxes and other taxes. Total liabilities decreased by ¥585.530 million from the end of the previous fiscal year to ¥2,470.793 million.」
The Company continued to acquire land for and develop facilities. Work-in-progress real estate increased by ¥265.471 million, while current assets and total liabilities decreased due to sales of real estate held for sale and other factors. - FY2020ReframedAnnual report
「Our basic policy is to maintain and pursue an optimal capital structure that improves capital efficiency while ensuring financial soundness and flexibility, in order to achieve sustained growth in corporate value and, through this, enhance shareholder returns.」
In addition to the previous explanation that liquidity is secured to enable continued property development, the Company has expanded its explanation to include a policy of pursuing capital efficiency, financial soundness and flexibility, and an optimal capital structure. Borrowings at fiscal year-end were ¥2,553.331 million, and cash and deposits were ¥3,307.301 million. - FY2020-Q3Expansion of assets and liabilities through development investment and borrowingsAnnual report
「This was mainly because work-in-progress real estate increased by ¥42.161 million and real estate held for sale increased by ¥819.767 million as the Company continued to acquire land for and develop self-storage facilities, while cash and deposits decreased by ¥342.064 million due to these activities and the payment of corporate taxes and other taxes. This was mainly because short-term borrowings increased by ¥451.729 million and current portion of long-term borrowings increased by ¥384.754 million.」
Real estate held for sale and related assets increased as land acquisition and development continued, while cash and deposits decreased by ¥342.064 million. Short-term borrowings and the current portion of long-term borrowings also increased. - FY2020-Q2Cash decline due to continued development investmentAnnual report
「Current assets decreased by ¥228.776 million from the end of the previous fiscal year to ¥3,971.269 million. This was mainly because work-in-progress real estate increased by ¥279.102 million and real estate held for sale increased by ¥354.211 million as the Company continued to acquire land for and develop self-storage facilities, while cash and deposits decreased by ¥942.347 million due to these activities and the payment of corporate taxes and other taxes.」
The Company continued to acquire land for and develop self-storage facilities. Work-in-progress real estate increased by ¥279.102 million and real estate held for sale by ¥354.211 million, while cash and deposits decreased by ¥942.347 million. - FY2020-Q1Changes in assets and cash associated with development investmentAnnual report
「Current assets decreased by ¥206.284 million from the end of the previous fiscal year to ¥3,993.761 million. This was mainly due to increases of ¥111.815 million in real estate under development for sale and ¥227.735 million in real estate for sale as we advanced the acquisition and development of sites for self-storage facilities, while cash and deposits decreased by ¥622.560 million due to these activities and payment of corporate income taxes and other taxes.」
As the acquisition and development of sites for self-storage facilities progressed, real estate under development for sale and real estate for sale increased, while cash and deposits decreased by ¥622.560 million. - FY2019AdvancedAnnual report
「We set the level of cash and deposits to be held after taking into account reserves for investment plans and risk responses, and supplement it with cash on hand and an overdraft facility.」
Regarding securing the financial base to continue property development, the level of cash and deposits to be held, based on investment plans and reserves for risk responses, is newly disclosed. - FY2019-Q3AdvancedAnnual report
「Current assets increased by ¥1,284.979 million from the end of the previous fiscal year to ¥4,200.471 million. This was mainly due to a ¥1,677.143 million increase in real estate under development for sale and a ¥466.120 million decrease in cash and deposits.」
Real estate under development for sale increased by ¥1,677.143 million, while cash and deposits decreased by ¥466.120 million, expanding the scale of assets related to property development. - FY2019-Q2AdvancedAnnual report
「Funds generated from financing activities amounted to ¥334.620 million, compared with ¥838.434 million in the same quarter of the previous year. This was mainly due to ¥855.500 million in proceeds from long-term borrowings, partly offset by a ¥240.253 million net decrease in short-term borrowings and ¥254.508 million in repayments of long-term borrowings.」
Financing activities included ¥855.500 million in proceeds from long-term borrowings, a ¥240.253 million decrease in short-term borrowings, and ¥254.508 million in repayments of long-term borrowings. - FY2018First statedAnnual report
「We recognize that strengthening our financial base is essential to achieving stable growth. In particular, we need to maintain an appropriate level of cash and deposits to continue property development under our turnkey solution services. To secure investment funds, we have strengthened our financial base by using internal funds, borrowing from financial institutions, and receiving an equity investment from Japan Post Capital Co., Ltd.」
To continue property development under our turnkey solutions, the stated financial policy combines internal funds, borrowings from financial institutions and an equity investment from Japan Post Capital, supplemented by cash on hand and an overdraft facility to maintain liquidity.