Securing Flexible Funding Through Overdraft Agreements
First written in FY2019. 2 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026.
49 other companies' latest entry also says "Other".
- FY2026Update to outstanding borrowingsAnnual report
「Overdraft facility limit ¥4,000 million Drawn balance ¥2,300 million Undrawn amount ¥1,700 million」
The overdraft facility limit remains at ¥4,000 million, while the drawn balance increased from ¥2,200 million to ¥2,300 million and the undrawn amount decreased from ¥1,800 million to ¥1,700 million. - FY2025Update to outstanding borrowingsAnnual report
「Overdraft limit ¥4,000 million Outstanding borrowings ¥2,200 million Available capacity ¥1,800 million」
The overdraft limit remains ¥4.0 billion, with outstanding borrowings of ¥2.2 billion and unused capacity of ¥1.8 billion. - FY2024RaisedAnnual report
「Overdraft limit ¥4,000 million Outstanding borrowings ¥350 million Available capacity ¥3,650 million」
For overdraft facilities with 5 relationship banks, the limit has been increased from ¥2.0 billion to ¥4.0 billion. In addition, facilities for loans up to a specified limit with the parent company and DeSC are disclosed. - FY2022AdvancedAnnual report
「Overdraft limit ¥2,000 million Outstanding borrowings ¥400 million Available capacity ¥1,600 million」
For overdraft facilities with 4 relationship banks, the limit has been increased from ¥1.5 billion in the previous fiscal year to ¥2.0 billion, and ¥400 million was drawn at the end of the fiscal year. - FY2021RestatedAnnual report
「We have overdraft facilities with multiple relationship banks, enabling us to secure funding flexibly. We have also secured sufficient borrowing capacity under the overdraft facilities.」
To meet working capital requirements arising from the timing of payments for municipal projects, we maintain overdraft facilities with multiple banks and sufficient borrowing capacity. - FY2020AdvancedAnnual report
「Because our contracts are primarily with municipalities, many projects have contract periods running through the end of March, the fiscal year-end for municipalities, and collections of operating receipts are concentrated in the fourth quarter. Accordingly, external funding for working capital is required during the fiscal year, but we have overdraft facilities with multiple relationship banks, enabling us to secure funding flexibly. We have also secured sufficient borrowing capacity under the overdraft facilities.」
Overdraft facilities have been entered into with 4 relationship banks, and the overdraft limit has been increased from ¥1.3 billion in the previous fiscal year to ¥1.5 billion. - FY2019First statedAnnual report
「In addition, we have entered into overdraft facilities with our relationship banks to secure funding flexibly.」
Working capital is funded through internal funds and borrowings from financial institutions, and overdraft facilities with relationship banks are disclosed as a means of securing funding flexibly.