Strengthening the Financial Base Through Borrowings in Preparation for a Prolonged COVID-19 Pandemic
First written in FY2020-Q3. 2 of 5 entries say "Mitigated", first in FY2021. Latest entry: FY2022.
2 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「During the current consolidated fiscal year, the company raised ¥1,800 million in short-term borrowings to meet temporary funding needs, but repaid the entire amount.」
The company fully repaid the ¥1,800 million in short-term borrowings raised in preparation for a prolonged infectious disease and also repaid ¥903 million in long-term borrowings. - FY2021MitigatedAnnual report
「The company repaid a total of ¥1,319 million in long-term and short-term borrowings. In the previous consolidated fiscal year, it raised ¥2,700 million to stabilize its financial base, maintain the group’s business base and make investments for sustained growth in view of the prolonged spread of COVID-19. However, because no major capital expenditures are planned under the current plan, it made early repayments on some borrowings.」
Having raised ¥2,700 million in the previous fiscal year as preparation for a prolonged infectious disease, the company has shifted to repaying ¥1,319 million of borrowings, including partial early repayments, in light of its limited capital expenditure plans. - FY2020RaisedAnnual report
「During the current consolidated fiscal year, the company raised ¥2,700 million in total through long-term and short-term borrowings to stabilize its financial base, maintain the group’s business base and make investments for sustained growth in view of the prolonged spread of COVID-19, although its cash flow position did not require the borrowing immediately.」
The company progressed beyond the previous borrowing plan of ¥2,000 million and raised ¥2,700 million in total through long-term and short-term borrowings. - FY2020-Q4AdvancedAnnual report
「Although the group’s cash flow position did not require this borrowing immediately, it borrowed funds in view of the prolonged spread of COVID-19, with the aim of stabilizing its financial base, maintaining the group’s business base and making investments for sustained growth. 1. Lenders: Mizuho Bank Sumitomo Mitsui Banking Corporation Sumitomo Mitsui Trust Bank 2. Borrowing amount: ¥2,000 million 4. Drawdown dates: 15 and 30 June 2020 5. Repayment dates: End of May 2021, end of May 2027 and end of June 2027」
The borrowing plan previously disclosed as preparation for a prolonged COVID-19 pandemic was implemented, with a total of ¥2,000 million borrowed from 3 banks. The stated purposes were to stabilize the financial and business bases and invest for growth. - FY2020-Q3First statedAnnual report
「Although the group’s cash flow position does not require this borrowing immediately, it will borrow funds in view of the prolonged spread of COVID-19, with the aim of stabilizing its financial base, maintaining the group’s business base and making investments for sustained growth. Borrowing amount: ¥2,000 million」
The company disclosed plans to borrow a total of ¥2 billion from Mizuho Bank, Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank to stabilize its financial and business bases and invest for growth in preparation for the prolonged COVID-19 pandemic.