Securing diverse funding methods and strengthening the financial position
First written in FY2018. 25 of 34 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-10-16.
The whole theme swung hardest in 2020: 1 of 10 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- 2026-10-16AdvancedTimely disclosure
「株式会社埼玉りそな銀行 1,000 百万円 株式会社東日本銀行 1,000 百万円 株式会社千葉銀行 500 百万円 高島屋フィナンシャル・グループ株式会社 350 百万円」
販売用不動産の取得に伴い、4社から合計2,850百万円を借り入れる予定を示した。複数金融機関からの調達による資金調達手段の具体化が進んでいる。 - FY2027-H1AdvancedAnnual report
「Total overdraft limits and lending commitments: ¥5,850 million; ¥7,850 million. Borrowings outstanding: ¥3,505 million; ¥3,935 million. Available capacity: ¥2,345 million; ¥3,915 million.」
The company expanded funding facilities for working capital and the purchase of real estate for sale from ¥5,850 million to ¥7,850 million and secured ¥3,915 million in undrawn capacity. It now has 16 relationship banks. - FY2026AdvancedAnnual report
「At the end of the consolidated fiscal year, the company had entered into overdraft and commitment-line agreements totaling ¥5,850 million with multiple financial institutions. (Borrowings outstanding: ¥3,505 million; undrawn borrowings: ¥2,345 million.)」
The company expanded its funding facilities with multiple financial institutions from ¥3,950 million at the end of the previous consolidated fiscal year to ¥5,850 million and secured ¥2,345 million in undrawn capacity. - 2026-05-02AdvancedGeneral Meetings of Shareholders
「当連結会計年度中においては、第5回、第6回新株予約権の発行に伴う払込及び全部行使により745,729千円の資金調達と金融機関より販売用不動産投資資金及び運転資金として総額で12,106,000千円の資金調達を行いました。」
新株予約権の全部行使による745,729千円と、金融機関からの12,106,000千円の調達実績を示している。 - FY2026-H1AdvancedAnnual report
「Total overdraft limits and lending commitments: ¥5,850 million; borrowings outstanding: ¥4,294 million; available capacity: ¥1,556 million.」
The company expanded funding facilities for working capital and the purchase of real estate for sale from ¥3,950 million at the end of the previous consolidated fiscal year to ¥5,850 million. Meanwhile, borrowings outstanding were ¥4,294 million and undrawn facilities were ¥1,556 million, indicating increased utilization of the facilities. - FY2025AdvancedAnnual report
「At the end of the consolidated fiscal year, the company had entered into overdraft and commitment-line agreements totaling ¥3,950 million with multiple financial institutions. (Borrowings outstanding: ¥1,347 million; undrawn borrowings: ¥2,603 million.)」
The company expanded its funding facilities with multiple financial institutions to a total of ¥3,950 million and secured ¥2,603 million in undrawn capacity. - FY2025-H1AdvancedAnnual report
「The company has entered into overdraft and commitment-line agreements with 4 relationship banks to obtain working capital and funds for purchasing real estate for sale efficiently. Undrawn amounts under these agreements at the end of the interim consolidated accounting period were as follows. Total overdraft limits and lending commitments: ¥2,850 million; borrowings outstanding: ¥1,351 million; available capacity: ¥1,499 million.」
The total funding facilities with 4 relationship banks increased from ¥2,450 million at the end of the previous consolidated fiscal year to ¥2,850 million. Borrowings outstanding declined from ¥1,578 million to ¥1,351 million, while undrawn facilities increased from ¥872 million to ¥1,499 million. - FY2025-Q1Higher drawn borrowings and lower undrawn capacityAnnual report
「The company has entered into overdraft and commitment-line agreements with 4 relationship banks to obtain working capital and funds for purchasing real estate for sale efficiently. Undrawn amounts under these agreements at the end of the consolidated quarter were as follows.」
The total funding facilities with 4 relationship banks remained unchanged at ¥2,450 million from the end of the previous consolidated fiscal year. Borrowings outstanding increased from ¥1,578 million to ¥1,768 million, while undrawn facilities declined from ¥872 million to ¥682 million. - FY2024AdvancedAnnual report
「Cash provided by financing activities during the consolidated fiscal year was ¥713.351 million. This mainly reflected proceeds of ¥398.664 million from the issuance of shares upon exercise of stock acquisition rights, ¥4,290 million from long-term borrowings, ¥147.467 million from the issuance of bonds and a net increase of ¥1,988.513 million in short-term borrowings, partly offset by repayments of long-term borrowings of ¥5,933.669 million and repayments of bonds of ¥178 million.」
The company raised funds throughout the year through a combination of stock acquisition rights, long-term borrowings, bonds and short-term borrowings, generating ¥713.351 million from financing activities. - FY2024-Q3AdvancedAnnual report
「The company received payment for newly issued shares in connection with the exercise of its 3rd and 4th Series Stock Acquisition Rights issued on 24 March 2023. As a result, share capital and capital surplus each increased by ¥194.95 million.」
New shares were issued upon exercise of the 3rd and 4th Series Stock Acquisition Rights, increasing share capital and capital surplus by ¥194.95 million each. - FY2024-Q2AdvancedAnnual report
「The company has entered into overdraft and commitment-line agreements with 4 relationship banks to obtain working capital and funds for purchasing real estate for sale efficiently. Total overdraft limits and lending commitments: ¥2,450 million; borrowings outstanding: ¥1,015 million; available capacity: ¥1,435 million.」
The funding facilities were expanded from 3 relationship banks and ¥1,700 million to 4 banks and ¥2,450 million. Borrowings outstanding at quarter-end were ¥1,015 million and undrawn facilities were ¥1,435 million. - FY2024-Q1AdvancedAnnual report
「The company has entered into overdraft and commitment-line agreements with 3 relationship banks to obtain working capital and funds for purchasing real estate for sale efficiently. During the first quarter, stock acquisition rights attached to bonds with stock acquisition rights subject to exercise-price adjustment were exercised as follows.」
The funding facilities were expanded from 2 relationship banks and ¥800 million to 3 banks and ¥1,700 million. Borrowings outstanding at quarter-end were ¥986 million. In addition, 465 of the 3rd Series Stock Acquisition Rights were exercised, 46,500 shares were delivered and ¥76.26 million was raised. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 March 2023, the company resolved to issue its 3rd and 4th Series Stock Acquisition Rights through a third-party allotment to Mita Securities Co., Ltd. Payment in full of the total issue price of these stock acquisition rights was completed on 24 March 2023.」
In addition to conventional borrowings and bonds, the company issued its 3rd and 4th Series Stock Acquisition Rights through a third-party allotment and completed payment of the issue price. The proceeds to be raised upon full exercise were stated as ¥401,709,450. - FY2023-Q3Higher drawn borrowings and lower undrawn capacityAnnual report
「The company has entered into overdraft and commitment-line agreements with 2 relationship banks to obtain working capital and funds for purchasing real estate for sale efficiently. Undrawn amounts under these agreements at the end of the quarter were as follows.」
The total overdraft and commitment-line facilities with 2 relationship banks remained unchanged at ¥800 million from the end of the previous quarter. Borrowings outstanding increased to ¥670 million and available capacity declined to ¥130 million, compared with borrowings outstanding of ¥640 million and available capacity of ¥160 million in the previous disclosure. - FY2023-Q2AdvancedAnnual report
「The company has entered into overdraft and commitment-line agreements with 2 relationship banks to obtain working capital and funds for purchasing real estate for sale efficiently. Undrawn amounts under these agreements at the end of the quarter were as follows.」
The total overdraft limit and lending commitments increased from ¥750 million to ¥800 million. At the end of the second quarter, borrowings outstanding were ¥640 million and available capacity was ¥160 million. - FY2023-Q1AdvancedAnnual report
「The company has entered into overdraft and commitment-line agreements with 2 relationship banks to obtain working capital and funds for purchasing real estate for sale efficiently. Undrawn amounts under these agreements at the end of the quarter were as follows.」
The company disclosed overdraft and commitment-line agreements with 2 relationship banks as funding sources for working capital and the purchase of real estate for sale. The total overdraft limit and lending commitments were ¥750 million, borrowings outstanding were ¥510 million and available capacity was ¥240 million. - FY2022Lower borrowings but a decline in the equity ratio and breach of financial covenantsAnnual report
「At the end of the fiscal year, interest-bearing debt, including borrowings and bonds, totaled ¥2,479.761 million. Cash and cash equivalents totaled ¥2,132.346 million.」
Interest-bearing debt totaled ¥2,479.761 million following repayments of long-term borrowings and other transactions, while the equity ratio declined from 27.5% to 24.6%. The company also disclosed a breach of the financial covenants in its borrowing agreements. - FY2022-Q3AdvancedAnnual report
「The company has entered into an overdraft agreement with one relationship bank to obtain working capital efficiently. Undrawn amounts under these agreements were as follows. In the previous fiscal year, the overdraft limit was ¥200 million, borrowings outstanding were ¥100 million and available capacity was ¥100 million. At the end of the third quarter, the overdraft limit was ¥250 million and borrowings outstanding were ¥250 million, leaving no available capacity.」
The overdraft limit increased from ¥200 million to ¥250 million, and the full ¥250 million had been drawn at the end of the third quarter. - FY2022-Q2Financing through multiple methods and decline in the equity ratioAnnual report
「Net cash provided by financing activities was ¥787.447 million (compared with ¥529.135 million used in the same period of the previous year). This mainly reflected proceeds of ¥2,296 million from long-term borrowings, a net increase of ¥433.62 million in short-term borrowings and proceeds of ¥200 million from the issuance of bonds, partly offset by repayments of long-term borrowings of ¥2,041.55 million and repayments of bonds of ¥98.5 million.」
The company raised ¥787.447 million through financing activities by combining long-term borrowings, short-term borrowings and bond issuance. Meanwhile, the equity ratio declined from 27.5% at the end of the previous fiscal year to 24.2% as borrowings and other debt increased. - FY2022-Q1WorsenedAnnual report
「Property, plant and equipment and intangible assets totaled ¥1,238.901 million, an increase of ¥40.401 million from the end of the previous fiscal year. This was mainly due to an increase of ¥54.106 million in deferred tax assets.」
During the quarter, borrowings increased alongside growth in real estate for sale. Short-term borrowings increased by ¥431.13 million and long-term borrowings by ¥1,303.408 million. The financial-base metrics moved in the direction of a decline in the equity ratio from 27.5% to 19.4%. - FY2021MitigatedAnnual report
「The company mainly finances the acquisition of real estate for sale through borrowings from financial institutions. As of the end of February 2021, its interest-bearing debt ratio was 233.62%.」
The interest-bearing debt ratio declined from 324.21% in the previous fiscal year to 233.62%. The company is also diversifying its funding sources by obtaining financing for each property rather than relying on a specific financial institution. - FY2021-Q3AdvancedAnnual report
「Non-current liabilities were ¥3,305.848 million, down ¥711.476 million from the end of the previous fiscal year. This was mainly due to decreases of ¥479.006 million in long-term borrowings and ¥182.5 million in bonds.」
Long-term borrowings and bonds declined, reducing non-current liabilities by ¥711.476 million from the end of the previous fiscal year. The figures indicate an improvement in the financial base. - FY2021-Q2RestatedAnnual report
「Net cash used in financing activities was ¥529.135 million (compared with ¥577.168 million provided in the same period of the previous year). This mainly reflected proceeds of ¥1,627.5 million from long-term borrowings, offset by a net decrease of ¥169.638 million in short-term borrowings, repayments of long-term borrowings of ¥1,884.814 million and repayments of bonds of ¥99.5 million.」
The company continued to manage its finances through a combination of long-term borrowings, debt repayments and bond redemptions. Financing activities used ¥529.135 million during the cumulative second-quarter period. - FY2021-Q1AdvancedAnnual report
「To obtain working capital efficiently, we have entered into an overdraft agreement with one transaction bank. The undrawn amounts under these agreements are as follows.」
The company newly disclosed an overdraft agreement with its relationship bank as a source of working capital, showing an overdraft limit of ¥200 million, borrowings outstanding of ¥73.7 million and available capacity of ¥126.3 million. - FY2020AdvancedAnnual report
「Funds provided by financing activities totaled ¥257.268 million, compared with ¥1,209.300 million in the same period of the previous year. This was mainly due to proceeds of ¥2,645.500 million from long-term borrowings and ¥245.536 million from the issuance of bonds, offset by a net decrease of ¥383.409 million in short-term borrowings, repayments of long-term borrowings of ¥2,067.989 million, and bond redemptions of ¥178.500 million, among other factors.」
The company carried out financing for the full fiscal year by combining long-term borrowings and bond issuance. - FY2020-Q2AdvancedAnnual report
「Funds provided by financing activities totaled ¥577.168 million, compared with ¥932.290 million in the same period of the previous year. This was mainly due to proceeds of ¥1,300.000 million from long-term borrowings, ¥245.536 million from the issuance of bonds, and a net increase of ¥176.858 million in short-term borrowings, offset by repayments of long-term borrowings of ¥1,064.643 million and bond redemptions of ¥79.000 million, among other factors.」
The company combined multiple funding methods, including long-term borrowings, bond issuance, and an increase in short-term borrowings, securing ¥577.168 million through financing activities during the cumulative second quarter. - FY2019AdvancedAnnual report
「Funds provided by financing activities totaled ¥1,209.300 million. This was mainly due to proceeds of ¥280.927 million from the issuance of shares, ¥198.720 million from the disposal of treasury shares, ¥2,245.000 million from long-term borrowings, and ¥439.600 million from the issuance of bonds, offset by a net decrease of ¥1,219.361 million in short-term borrowings, repayments of long-term borrowings of ¥612.490 million, and bond redemptions of ¥119.200 million, among other factors.」
The company combined share issuance, treasury share disposal, long-term borrowings, and bond issuance to secure ¥1,209.300 million through financing activities. - FY2019-Q2AdvancedAnnual report
「Funds provided by financing activities totaled ¥932.290 million. This was mainly due to proceeds of ¥1,411.000 million from long-term borrowings, ¥244.917 million from the issuance of bonds, ¥278.911 million from the issuance of shares, and ¥198.720 million from the disposal of treasury shares, offset by a net decrease of ¥934.658 million in short-term borrowings, repayments of long-term borrowings of ¥204.980 million, and bond redemptions of ¥59.600 million, among other factors.」
The company used multiple funding methods, including long-term borrowings, bond issuance, share issuance, and treasury share disposal, securing ¥932.290 million through financing activities. The equity ratio also rose from 15.3% at the end of the previous fiscal year to 21.6%. - FY2019-Q1AdvancedAnnual report
「The company was listed on the Tokyo Stock Exchange JASDAQ (Standard) market on 29 March 2018. In connection with the listing, the issuance of 100,000 new shares through a public offering using the book-building method, with 28 March 2018 as the payment date, and the disposal of 100,000 treasury shares increased capital by ¥99.360 million and capital surplus by ¥278.080 million, while reducing treasury shares by ¥20.000 million. In addition, the issuance of 40,500 new shares through a private placement, related to an offering with an overallotment, with 27 April 2018 as the payment date, increased capital and capital surplus by ¥40.240 million each. As a result, the equity ratio was 20.0%, compared with 15.3% at the end of the previous fiscal year.」
The company used multiple funding methods, including a public offering, treasury share disposal, and private placement, and the equity ratio rose from 15.3% to 20.0%. - FY2018First statedAnnual report
「Because this business has strong funding needs and also requires flexible funding, we will secure diverse funding methods and further strengthen our financial base.」
The company plans to diversify funding sources and strengthen its financial base to meet the funding needs of the real estate sales business.