Funding Needs and Financing Terms Associated with Capital Investment and Business Expansion
First written in FY2017. 15 of 19 entries say "Worsened", first in FY2018-Q3. Latest entry: 2026-11-06.
Internet Initiative Japan moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 18 of 33 companies on the "Worse" side.
18 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「At the end of the fiscal year ended March 2026, the group’s bank borrowings totaled ¥35.6 billion, an increase of ¥2 billion from the end of the same period of the previous year, while finance lease liabilities, including those due within one year, totaled ¥19.9 billion, an increase of ¥700 million.」
Both bank borrowings and finance lease liabilities increased, indicating greater funding needs associated with data centers, networks and business expansion and greater reliance on financing. - 2026-05-14MitigatedFinancial results presentation
「複数年大型案件で運転資金増加も徐々に回収進展」
複数年大型案件による運転資金の増加は続く一方、回収が徐々に進展していると記載された。 - FY2026-H1WorsenedAnnual report
「Net cash used in financing activities during the six months ended [the current interim consolidated accounting period] was ¥7,299 million, compared with ¥972.9 million in the same period of the previous year, reflecting ¥11,721 million in payments of other financial liabilities related to operating leases for the head office and other facilities and finance leases for network equipment, compared with ¥10,732 million; ¥5,710 million in proceeds from other financial liabilities, compared with ¥5,871 million; ¥3,096 million in dividend payments, compared with ¥3,038 million; and ¥2,000 million raised through short-term borrowings, among other items.」
In addition to lease-related and dividend payments, the company raised ¥2 billion through short-term borrowings, and funding needs and financing activity associated with capital investment and business expansion continued. - FY2024WorsenedAnnual report
「At the end of the fiscal year ended March 2024, the group’s bank borrowings totaled ¥30.2 billion, an increase of ¥9.8 billion from the end of the same period of the previous year, while finance lease liabilities, including those due within one year, totaled ¥15.8 billion, a decrease of ¥700 million.」
Bank borrowings increased from ¥20.4 billion to ¥30.2 billion, while funding needs for equipment, data centers and M&A and the risk associated with financing terms continued. - FY2024-Q3WorsenedAnnual report
「Net cash used in financing activities during the nine months ended [the current third quarter of the consolidated fiscal year] was ¥16,065 million, compared with ¥20,766 million in the same period of the previous year, reflecting an increase of ¥11,800 million in short-term borrowings related to the acquisition of treasury shares, ¥11,405 million paid for the acquisition of treasury shares, ¥15,053 million in payments of other financial liabilities, ¥5,682 million in dividend payments and ¥2,045 million in repayments of long-term borrowings, among other items.」
Cash outflows from financing activities decreased year on year, but funding needs and financing activity through borrowings, leases and other sources continued, including an ¥11,800 million increase in short-term borrowings related to the acquisition of treasury shares. - FY2024-Q1WorsenedAnnual report
「Net cash used in financing activities during the three months ended [the current first quarter of the consolidated fiscal year] was ¥4,535 million, compared with ¥7,875 million in the same period of the previous year, reflecting ¥12,000 million raised through short-term borrowings, ¥11,405 million paid for the acquisition of treasury shares, ¥5,010 million in payments of other financial liabilities related to operating leases for the head office and other facilities and finance leases for network equipment, compared with ¥4,819 million in the same period of the previous year, ¥3,582 million in proceeds from other financial liabilities and ¥2,644 million in dividend payments, compared with ¥2,258 million, among other items.」
The company raised ¥12,000 million through short-term borrowings in connection with the acquisition of treasury shares, and funding activity through borrowings, leases and other sources continued. - FY2023Decline in borrowings and continued funding needsAnnual report
「The group expects to continue investing funds in investments and expenses related to the maintenance, renewal and expansion of network equipment, equipment related to cloud computing services and back-office equipment; investments and expenses related to the construction of its own data centers; and loans, investments and M&A transactions to expand the group’s businesses.」
Bank borrowings decreased to ¥20,430 million, while funding needs for data centers, networks, service development, workforce expansion and M&A continued. - FY2022-Q3WorsenedAnnual report
「Net cash used in financing activities during the nine months ended [the current third quarter of the consolidated fiscal year] was ¥22,240 million, compared with ¥19,031 million in the same period of the previous year, reflecting ¥14,665 million in payments of other financial liabilities related to operating leases for the head office and other facilities and finance leases for network equipment, ¥5,170 million in repayments of long-term borrowings, ¥3,836 million in dividend payments and ¥1,480 million in short-term borrowings, among other items.」
Cash outflows from financing activities increased from the same period of the previous year due to lease liabilities, repayments of long-term borrowings and dividend payments, among other items. - FY2022-Q2WorsenedAnnual report
「Net cash used in financing activities during the six months ended [the current second quarter of the consolidated fiscal year] was ¥13,402 million, compared with ¥11,969 million in the same period of the previous year, reflecting ¥8,989 million in payments of other financial liabilities related to operating leases for the head office and other facilities and finance leases for network equipment, compared with ¥10,390 million in the same period of the previous year; ¥4,085 million in repayments of long-term borrowings, compared with ¥915 million; ¥1,759 million in dividend payments, compared with ¥609 million; and ¥1,480 million in short-term borrowings, among other items.」
Cash outflows from financing activities increased from ¥11,969 million in the same period of the previous year to ¥13,402 million due to repayments of long-term borrowings and dividend payments, among other items. - FY2022-Q1WorsenedAnnual report
「Net cash used in financing activities during the three months ended [the current first quarter of the consolidated fiscal year] was ¥8,875 million, compared with ¥6,802 million in the same period of the previous year, reflecting ¥4,463 million in payments of other financial liabilities related to operating leases for the head office and other facilities and finance leases for network equipment, ¥4,085 million in repayments of long-term borrowings, ¥1,759 million in dividend payments and ¥1,480 million in short-term borrowings, among other items.」
Cash outflows from financing activities increased from ¥6,802 million in the same period of the previous year to ¥8,875 million due to repayments of long-term borrowings, lease liability payments and dividend payments, among other items. - FY2021-Q3Increase in financing cash outflowsAnnual report
「Net cash used in financing activities during the nine months ended [the current third quarter of the consolidated fiscal year] was ¥19,031 million, compared with ¥14,154 million in the same period of the previous year, reflecting ¥2,190 million in repayments of borrowings, ¥15,252 million in payments of other financial liabilities, including ¥8,771 million in payments related to operating leases following the adoption of IFRS 16, and ¥1,533 million in dividend payments, among other items.」
Cash outflows from financing activities increased from ¥14,154 million in the same period of the previous year to ¥19,031 million due to repayments of borrowings, lease-related payments and dividend payments, among other items. - FY2020-Q3WorsenedAnnual report
「Net cash used in financing activities during the nine months ended [the current third quarter of the consolidated fiscal year] was ¥14,154 million, compared with ¥4,365 million in the same period of the previous year, reflecting ¥2,500 million raised through short-term borrowings and ¥15,356 million in payments of other financial liabilities, including ¥9,144 million in payments related to operating leases following the adoption of IFRS 16, among other items.」
The company raised ¥2.5 billion through short-term borrowings and made payments on financial liabilities, increasing cash outflows from financing activities. The company stated that part of the increase in payments resulted from the reclassification of lease payments following the adoption of IFRS 16. - FY2020-Q2WorsenedAnnual report
「Net cash used in financing activities during the six months ended [the current second quarter of the consolidated fiscal year] was ¥7,139 million, reflecting ¥3,030 million raised through short-term borrowings and ¥10,230 million in payments of other financial liabilities, among other items.」
The company raised ¥3,030 million through short-term borrowings, and financing activity associated with funding needs for capital investment and business expansion continued. - FY2019WorsenedAnnual report
「At the end of the fiscal year ended March 2019, the group’s bank borrowings totaled ¥26,750 million, an increase of ¥2,000 million from the end of the same period of the previous year, while finance lease liabilities, including those due within one year, totaled ¥18,034 million, an increase of ¥1,469 million.」
Both bank borrowings and finance lease liabilities increased, indicating greater funding needs associated with capital investment and business expansion and greater reliance on financing. - FY2018WorsenedAnnual report
「At the end of the fiscal year ended March 2018, the group’s bank borrowings totaled ¥24,750 million, an increase of ¥7,000 million from the end of the same period of the previous year, while lease obligations totaled ¥16,577 million, an increase of ¥1,373 million.」
Bank borrowings increased by ¥7,000 million, and lease obligations also increased, indicating greater funding needs associated with capital investment and business expansion and greater reliance on financing. - FY2018-Q3WorsenedAnnual report
「Net cash provided by financing activities during the nine months ended [the current third quarter of the consolidated fiscal year] was ¥1,049 million, reflecting ¥7,000 million raised through long-term borrowings and ¥4,230 million in principal repayments on finance lease obligations, among other items.」
The company raised ¥7,000 million through long-term borrowings, making funding needs associated with capital investment and business expansion and reliance on borrowings more evident. - FY2017First statedAnnual report
「The group may continue to require funds for investments and expenses related to the maintenance, renewal and expansion of network equipment, equipment related to cloud computing services and back-office equipment; investments and expenses related to service development and operations and business development; and loans, investments and M&A transactions to expand the group’s businesses. There is no assurance that future financing, including lease transactions, can be arranged on terms favorable to the group, and this could constrain the group’s business development.」
The company disclosed funding needs associated with capital investment, cloud and network expansion, business development and M&A, as well as the risk of being unable to obtain borrowings, leases and other financing on favorable terms.