Strengthening the financial position and efficient procurement of working capital
First written in FY2016. 6 of 33 entries say "Advanced", first in FY2020. Latest entry: FY2026.
3 other companies' latest entry also says "Other".
- FY2026Expansion of commitment facilities, increase in borrowings outstanding, and decrease in cash occurring concurrentlyAnnual report
「Total overdraft limits and loan commitments: 1,500,000 thousand yen, 2,000,000 thousand yen Borrowings drawn: 1,000,000, 1,900,000 Undrawn amount: 500,000, 100,000」
Total commitments and other facilities increased from ¥1,500 million to ¥2,000 million, while borrowings drawn increased from ¥1,000 million to ¥1,900 million, reducing the undrawn amount from ¥500 million to ¥100 million. Short-term borrowings decreased, but cash and cash equivalents decreased by ¥573 million to ¥831 million. - FY2026-H1Decline in short-term borrowings and liabilities alongside a decrease in cashAnnual report
「Liabilities at the end of the interim consolidated accounting period totaled ¥6,593 million, a decrease of ¥455 million from the end of the previous consolidated fiscal year. The main factor was a decrease in short-term borrowings, among other items.」
Liabilities decreased by ¥455 million from the end of the previous fiscal year due to a decrease in short-term borrowings and other factors. Cash used in financing activities was ¥324 million, while cash and cash equivalents decreased by ¥230 million. - FY2025Increase in cash and changes in borrowing trendsAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year increased by ¥486 million from the end of the previous consolidated fiscal year to ¥1,404 million.」
Cash and cash equivalents increased by ¥486 million. Although repayments of long-term borrowings continued, short-term borrowings increased from ¥3,001.737 million to ¥3,496.369 million, while the overdraft and commitment facilities decreased from ¥1,700 million to ¥1,500 million. - FY2025-H1Increase in cash and borrowing trendsAnnual report
「Cash and cash equivalents during the interim consolidated accounting period increased by ¥294 million from the end of the previous consolidated fiscal year to ¥1,212 million. Cash used in financing activities was ¥7 million, compared with ¥532 million used in the same period of the previous year. This was mainly due to repayments of long-term borrowings.」
Cash and cash equivalents increased by ¥294 million from the end of the previous fiscal year. While repayments of long-term borrowings continued, liabilities increased by ¥71 million from the end of the previous fiscal year due to an increase in short-term borrowings and other factors. - FY2024AdvancedAnnual report
「Liabilities at the end of the current consolidated fiscal year totaled ¥6,972 million, a decrease of ¥1,416 million from the end of the previous consolidated fiscal year. This was due to decreases in short-term and long-term borrowings, bills payable and accounts payable.」
Liabilities decreased by ¥1,416 million from the end of the previous fiscal year due to decreases in short- and long-term borrowings and other items. Cash used in financing activities was also ¥1,214 million, indicating that the company is proceeding with the repayment of borrowings. - FY2024-Q3AdvancedAnnual report
「Liabilities at the end of the third quarter of the current consolidated fiscal year totaled ¥7,287 million, a decrease of ¥1,101 million from the end of the previous consolidated fiscal year. The main factor was a decrease in short-term borrowings, among other items.」
Liabilities decreased by ¥1,101 million from the end of the previous consolidated fiscal year due to a decrease in short-term borrowings and other factors. This represents a specific improvement in the financial base. - FY2024-Q2AdvancedAnnual report
「Liabilities at the end of the second quarter of the current consolidated fiscal year totaled ¥7,908 million, a decrease of ¥479 million from the end of the previous consolidated fiscal year. The main factor was a decrease in short-term borrowings, among other items.」
Liabilities decreased by ¥479 million from the end of the previous consolidated fiscal year due to a decrease in short-term borrowings and other factors, while cash and cash equivalents increased by ¥244 million to ¥1,380 million. The company reported improvements in its financial base and liquidity on hand. - FY2024-Q1AdvancedAnnual report
「At the end of the previous consolidated fiscal period, we renewed the syndicated term loan, continued to secure cash and deposits with high liquidity on hand, and took measures to continue the lending facilities under our commitment lines and overdraft facilities. We have no significant funding concerns.」
The syndicated term loan was renewed and measures were taken to continue the commitment lines and overdraft facilities. Cash and deposits at the quarter-end increased from the end of the previous fiscal year, while liabilities decreased by ¥309 million. - FY2023Execution of real estate transferAnnual report
「Amid these operating conditions, we recorded extraordinary gains from the sale of Tokyo Building No. 2, a rental property, and the sale of all shares in Shanghai Sanki Garments Co., Ltd., a consolidated subsidiary.」
The company completed the planned transfer of the land and building of Tokyo Building No. 2 and recorded a gain on sale of property, plant and equipment of ¥243 million. The initiative to strengthen the financial base and use management resources effectively moved from the planning stage to execution. - FY2023-Q3Increase in borrowings and plan to transfer real estateAnnual report
「Liabilities at the end of the third quarter of the current consolidated fiscal year totaled ¥8,880 million, an increase of ¥858 million from the end of the previous consolidated fiscal year. The main factor was an increase in trade payables and borrowings associated with higher purchases, among other items. The company will transfer real estate it owns to use its management resources effectively and strengthen its financial base. Land and building of Tokyo Building No. 2 owned by the company ¥236 million Approximately ¥230 million Scheduled handover date: 7 March 2023」
Trade payables and borrowings increased along with higher purchases, resulting in an ¥858 million increase in liabilities from the end of the previous consolidated fiscal year. The company also decided to transfer the land and building of Tokyo Building No. 2 to strengthen its financial base, disclosing a carrying amount of ¥236 million, a gain on transfer of approximately ¥230 million, and a scheduled handover date of 7 March 2023. - FY2023-Q2Increase in liabilities and continued repayment of borrowingsAnnual report
「Liabilities at the end of the second quarter of the current consolidated fiscal year totaled ¥8,793 million, an increase of ¥772 million from the end of the previous consolidated fiscal year. The main factor was an increase in trade payables associated with higher purchases, among other items. Cash used in financing activities was ¥184 million, compared with ¥589 million used in the same period of the previous year. This was mainly due to decreases in short-term and long-term borrowings.」
Liabilities increased by ¥772 million from the end of the previous fiscal year due to higher trade payables associated with increased purchases, while ¥184 million was used in financing activities due to decreases in short- and long-term borrowings. - FY2023-Q1Increase in debtAnnual report
「Liabilities at the end of the first quarter of the current consolidated fiscal year totaled ¥8,416 million, an increase of ¥395 million from the end of the previous consolidated fiscal year. The main factor was an increase in bills payable and accounts payable, among other items.」
Liabilities increased by ¥395 million from the end of the previous consolidated fiscal year, primarily due to an increase in bills payable and accounts payable. - FY2022-Q3Lower cash and higher debtAnnual report
「Liabilities at the end of the third quarter of the current consolidated fiscal year totaled ¥8,370 million, an increase of ¥133 million from the end of the previous consolidated fiscal year. The main factor was an increase in refund liabilities within other current liabilities, among other items.」
Liabilities increased by ¥133 million from the end of the previous fiscal year, while cash and deposits decreased from ¥2,180.321 million to ¥2,045.703 million. - FY2022-Q2Decrease in borrowings and cashAnnual report
「Cash used in financing activities was ¥589 million, up 286.7% year on year. This was mainly due to decreases in short-term and long-term borrowings.」
Cash used in financing activities totaled ¥589 million due to decreases in short-term and long-term borrowings. Cash and cash equivalents decreased by ¥208 million from the end of the previous consolidated fiscal year. - FY2022-Q1RestatedAnnual report
「In terms of financing, we will secure the funds necessary for business operations, including by entering into a syndicated term loan with our relationship financial institutions in March 2021, and will use the funds raised effectively.」
The company reaffirmed its financing policy of securing funds necessary for business operations through the syndicated term loan entered into in March 2021 and other measures. - FY2021AdvancedAnnual report
「In terms of financing, we plan to enter into a syndicated term loan by the end of the current consolidated fiscal year to secure cash and deposits with high liquidity on hand, and to continue the lending facilities under our commitment lines and overdraft facilities. We therefore believe that no liquidity problem will arise in the short term.」
The company outlined specific measures to address its funding needs, including entering into a syndicated term loan, securing cash and deposits, and continuing its commitment lines and other facilities. - FY2021-Q3Increase in cash and deposits, decrease in liabilitiesAnnual report
「Cash and deposits 1,940,381 2,374,177 Liabilities at the end of the third quarter of the current consolidated fiscal year totaled ¥8,104 million, a decrease of ¥347 million from the end of the previous consolidated fiscal year.」
Cash and deposits increased from ¥1,940.381 million at the end of the previous fiscal year to ¥2,374.177 million, while liabilities decreased by ¥347 million from the end of the previous fiscal year. - FY2021-Q2Decrease in borrowings, increase in liquidity on handAnnual report
「Cash used in financing activities was ¥152 million, up 400.4% year on year. This was mainly due to decreases in short-term and long-term borrowings.」
Cash used in financing activities totaled ¥152 million due to decreases in short-term and long-term borrowings, while cash and cash equivalents increased by ¥48 million from the end of the previous fiscal year. - FY2020AdvancedAnnual report
「Cash and cash equivalents increased from the end of the previous fiscal year because the company drew on short-term borrowings to increase cash on hand and deposits in preparation for the spread of the novel coronavirus infection.」
The company drew on short-term borrowings in preparation for the spread of the infection, increasing cash and cash equivalents by ¥63 million from the end of the previous fiscal year to ¥1,003 million. - FY2020-Q3Increase in liabilities due to higher short- and long-term borrowingsAnnual report
「Liabilities at the end of the third quarter of the current consolidated fiscal year totaled ¥9,079 million, an increase of ¥1,107 million from the end of the previous consolidated fiscal year. This was mainly due to increases in bills payable and accounts payable and short-term borrowings within current liabilities, and long-term borrowings within non-current liabilities.」
Liabilities increased by ¥1,107 million from the end of the previous fiscal year. Short-term borrowings totaled ¥2,584.247 million, and long-term borrowings totaled ¥2,229.324 million. - FY2020-Q2Increase in liabilities from new long-term borrowingsAnnual report
「Liabilities at the end of the second quarter of the current consolidated fiscal year totaled ¥8,319 million, an increase of ¥347 million from the end of the previous consolidated fiscal year. The main factors were an increase in bills payable and accounts payable within current liabilities, and an increase in long-term borrowings within non-current liabilities due to new borrowings.」
Long-term borrowings increased due to new borrowings, resulting in a ¥347 million increase in liabilities from the end of the previous fiscal year. Proceeds from long-term borrowings were ¥1,154.90 million, while repayments were ¥780.46 million. - FY2020-Q1Increase in borrowingsAnnual report
「The main factors were increases in accounts payable and borrowings, among other items.」
Liabilities at the end of the first quarter increased by ¥515 million from the end of the previous consolidated fiscal year, mainly due to increases in accounts payable and borrowings. - FY2019Increase in commitment facilities and borrowings drawnAnnual report
「Total overdraft limits and loan commitments 2,400,000 thousand yen 2,470,000 thousand yen Borrowings drawn 922,000 1,390,002」
The funding facility increased from ¥2,400 million to ¥2,470 million, while borrowings drawn increased from ¥922 million to ¥1,390.002 million. - FY2019-Q3Slight decrease in liabilitiesAnnual report
「Liabilities at the end of the third quarter of the current consolidated fiscal year totaled ¥7,984 million, a decrease of ¥34 million from the end of the previous consolidated fiscal year. The main factor was a decrease in accounts payable and accrued corporate taxes, among other items.」
Liabilities decreased by ¥34.842 million from the end of the previous consolidated fiscal year, mainly due to decreases in accounts payable and accrued corporate taxes. - FY2019-Q2Decrease in liabilities and borrowingsAnnual report
「Liabilities at the end of the second quarter of the current consolidated fiscal year totaled ¥7,919 million, a decrease of ¥99 million from the end of the previous consolidated fiscal year. The main factor was a decrease in borrowings and accrued taxes, among other items.」
Liabilities decreased by ¥99 million from the end of the previous consolidated fiscal year, mainly due to decreases in borrowings and accrued taxes. - FY2019-Q1Increase in borrowings replacing factoringAnnual report
「Liabilities at the end of the first quarter of the current consolidated fiscal year totaled ¥8,622 million, an increase of ¥603 million from the end of the previous consolidated fiscal year. The main factors were an increase in borrowings replacing factoring and increases in provisions for bonuses and sales returns adjustments, among others.」
Liabilities increased by ¥603 million from the end of the previous consolidated fiscal year, mainly because borrowings increased to replace factoring. Short-term borrowings also increased from ¥1,892,490 thousand to ¥2,460,129 thousand. - FY2018Increase in commitment facility, decrease in borrowings drawnAnnual report
「We have entered into overdraft agreements and loan commitment agreements with our relationship banks in order to improve capital efficiency while ensuring efficient access to working capital when needed.」
The total overdraft and loan commitment facilities increased from ¥2,050 million to ¥2,400 million, while borrowings drawn decreased from ¥984 million to ¥922 million. The company also describes improving funding efficiency through its cash management system (CMS). - FY2018-Q3Increase in borrowings becomes apparentAnnual report
「Liabilities at the end of the third quarter stood at ¥8,338 million, an increase of ¥273 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in borrowings.」
Liabilities increased by ¥273 million from the end of the previous consolidated fiscal year, primarily due to an increase in borrowings. - FY2018-Q2Repayment of borrowings through operating cash flowAnnual report
「This was due, among other factors, to the repayment of borrowings using operating cash flow.」
The Company explained that it repaid borrowings using cash flow from operating activities, resulting in a ¥238 million decrease in liabilities from the end of the previous consolidated fiscal year. - FY2018-Q1Increase in assets and liabilities through financingAnnual report
「Total assets at the end of the first quarter stood at ¥15,514 million, an increase of ¥446 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in other receivables arising from factoring and an increase in cash and deposits as a result of financing at the end of the first quarter.」
Cash and deposits increased as a result of financing at the end of the period, and short-term borrowings increased from ¥1,974.068 million to ¥2,216.628 million. - FY2017RestatedAnnual report
「The Company has entered into loan commitment agreements with 8 transaction banks in order to procure working capital efficiently when needed while improving capital efficiency.」
The Company reiterated its financial management policy of focusing on capital efficiency and working capital financing capacity. Total loan commitments were ¥2,050 million and borrowings outstanding were ¥984 million, unchanged from the previous fiscal year. - FY2017-Q3Increase in working capital borrowings becomes apparentAnnual report
「This was due mainly to an increase in working capital borrowings associated with the increase in inventories.」
The disclosure describes a financial position in which working capital borrowings increased in response to the rise in inventories. - FY2016First statedAnnual report
「The Company has entered into loan commitment agreements with 8 transaction banks in order to procure working capital efficiently when needed while improving capital efficiency.」
The Company described financial management focused on capital efficiency and financing capacity, alongside repaying borrowings and maintaining cash liquidity.