Flexible, Stable Financing and Diversification of Financing Methods
First written in FY2017. 14 of 16 entries say "Advanced", first in FY2018. Latest entry: FY2026.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Going forward, as the number of properties handled continues to increase and completion dates are concentrated in certain periods, it is necessary to secure greater liquidity. Accordingly, under an appropriate funding plan, the Company is considering increasing the number of financial institutions it uses to secure working capital flexibly.」
In light of the increase in the number of properties and the concentration of completion dates, the Company has indicated that it is considering increasing the number of relationship financial institutions to secure liquidity. - FY2026-H1AdvancedAnnual report
「Funds provided by financing activities amounted to ¥768.031 million, compared with ¥949.841 million in the same period of the previous year. This was mainly because, while the Company had cash inflows of ¥4,365.5 million from short-term borrowings, it had cash outflows of ¥3,447 million for the repayment of short-term borrowings.」
The Company generated ¥768.031 million through financing activities by combining proceeds from and repayments of short-term borrowings. The balance of short-term borrowings increased by ¥918.5 million from the end of the previous fiscal year. - FY2025AdvancedAnnual report
「Overdraft facility limit: ¥1,700 million; borrowings outstanding: ¥940 million」
The overdraft facility limit was increased from ¥900 million in the previous period to ¥1,700 million. The Company is also considering increasing the number of financial institutions it uses, in light of the increase in the number of properties and the concentration of completion dates. - FY2025-H1AdvancedAnnual report
「Funds provided by financing activities amounted to ¥949.841 million, compared with funds used of ¥435.061 million in the same period of the previous year. This was mainly because, while the Company had cash inflows of ¥3,976 million from short-term borrowings, it had cash outflows of ¥2,466.5 million for the repayment of short-term borrowings and ¥507.966 million for the repayment of long-term borrowings.」
Proceeds from short-term borrowings exceeded repayments, resulting in ¥949.841 million in funds provided by financing activities. The Company continued financing and repayment through a combination of proceeds from and repayments of short-term borrowings and repayments of long-term borrowings. - FY2024-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter stood at ¥4,016.027 million, a decrease of ¥689.741 million from the end of the previous fiscal year. This was mainly because short-term borrowings decreased by ¥561.5 million and accounts payable decreased by ¥125.357 million.」
Short-term borrowings decreased by ¥561.5 million, and the outstanding funding balance was reduced while borrowing and repayment continued. - FY2024-Q2Continued Borrowing and Repayment, Moving to Net RepaymentAnnual report
「Funds used as a result of financing activities amounted to ¥435.061 million, compared with funds provided of ¥466.639 million in the same quarter of the previous year. This was mainly because, while the Company had cash inflows of ¥2,748.5 million from short-term borrowings, it had cash outflows of ¥3,029 million for the repayment of short-term borrowings and ¥82.818 million for the repayment of long-term borrowings.」
While the Company continued to raise funds through short-term borrowings, repayments of short-term and long-term borrowings exceeded the amount raised, resulting in the use of ¥435.061 million in financing activities. The balance of short-term borrowings also decreased by ¥280.5 million from the end of the previous fiscal year. - FY2023AdvancedAnnual report
「Overdraft facility limit: ¥900 million; borrowings outstanding: ¥460 million」
The overdraft facility limit was increased from ¥600 million in the previous period to ¥900 million, and a flexible financing structure covering short-term and long-term borrowings remained in place. - FY2023-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter stood at ¥4,734.973 million, an increase of ¥811.513 million from the end of the previous fiscal year. This was mainly because short-term borrowings increased by ¥951 million, while income taxes payable and other liabilities decreased by ¥153.420 million.」
Short-term borrowings increased by ¥951 million, indicating that financing continued and the outstanding funding balance expanded. - FY2023-Q2AdvancedAnnual report
「This was mainly because, while the Company had cash outflows of ¥2,568 million for the repayment of short-term borrowings, it had cash inflows of ¥3,006 million from short-term borrowings.」
In addition to proceeds from short-term borrowings, proceeds of ¥200 million from long-term borrowings were also recorded, indicating that financing continued. - FY2020AdvancedAnnual report
「In April 2020, amid the spread of COVID-19, the Company raised ¥750 million in long-term funds from a total of 4 banks, including MUFG Bank, Ltd. and the Japan Finance Corporation, in order to increase on-hand liquidity.」
In addition to financing centered on short-term borrowings, the Company raised a total of ¥750 million in long-term funds from 4 banks as a liquidity measure in response to the spread of the infectious disease. - FY2020-Q3AdvancedAnnual report
「Previously, financing for the Kyoto projects was handled through an overdraft facility with a single financial institution and the Company's own funds, but as the scale of the business expanded, the Company began arranging financing separately for each project.」
For the Kyoto projects, financing has progressed from reliance on an overdraft facility with a single financial institution and the Company's own funds to financing arranged separately for each project as the business has expanded. - FY2019AdvancedAnnual report
「The Company has also entered into overdraft agreements with its relationship banks to efficiently secure working capital.」
The overdraft facility limit was increased to ¥600 million, and the Company also issued its fifth series of unsecured corporate bonds in addition to short-term borrowings, giving further concrete form to its funding sources. - FY2019-Q2AdvancedAnnual report
「The Company resolved to issue privately placed bonds guaranteed by a bank. Total issue amount: ¥300 million; issue date: 31 July 2018; maturity date: 31 July 2023; use of proceeds: purchasing funds.」
The ¥300 million in privately placed bonds guaranteed by a bank was recorded as financing raised through actual financing activities, advancing the diversification of funding sources for purchasing funds. - FY2019-Q1AdvancedAnnual report
「The Company resolved to issue privately placed bonds guaranteed by a bank. Total issue amount: ¥300 million; issue date: 31 July 2018; maturity date: 31 July 2023; use of proceeds: purchasing funds.」
The Company resolved to raise ¥300 million for purchasing funds through privately placed bonds guaranteed by a bank, giving concrete form to the diversification of its funding sources. - FY2018AdvancedAnnual report
「The Company has entered into overdraft agreements with its relationship banks to efficiently secure working capital.」
The Company entered into an overdraft agreement as a specific means of improving the flexibility and stability of its financing. At the end of the fiscal year, the facility limit was ¥100 million and borrowings outstanding were ¥60 million. - FY2017First statedAnnual report
「The Company needs to secure project financing for acquisitions of properties for business use and other purposes in a flexible and stable manner, while also diversifying its funding sources to prepare for risks arising from changes in the business environment.」
The Company has indicated a policy of prioritizing flexibility, stability and diversification of funding sources for project financing, including land acquisitions.