Financing and Liquidity Risk
First written in FY2016. 7 of 13 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Regarding sources of capital and liquidity, the Company believes that it had secured sufficient funding sources and high liquidity because it held cash on hand equivalent to approximately 40.0% of total assets at the end of the consolidated fiscal year.」
Cash and cash equivalents decreased from ¥12,881 million at the end of the previous fiscal year to ¥10,826 million, while their ratio to total assets fell from approximately 50.3% to approximately 40.0%. Funds were used for the acquisition of HIT, deposits, investments in core systems and other purposes. - FY2026-H1WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as "funds," during the interim consolidated accounting period decreased by ¥1,040 million from the end of the previous consolidated fiscal year to ¥11,841 million.」
Cash and cash equivalents decreased from ¥12,881 million to ¥11,841 million due to the acquisition of HIT shares, payment of corporate taxes and other taxes, and bonus payments. Cash used in investing activities was ¥1,736 million. - FY2025MitigatedAnnual report
「Regarding sources of capital and liquidity, the Company believes that it had secured sufficient funding sources and high liquidity because it held cash on hand equivalent to approximately 50.3% of total assets at the end of the consolidated fiscal year.」
Cash and cash equivalents recovered from ¥10,842 million at the end of the interim period to ¥12,881 million, equivalent to 50.3% of total assets. Cash flow from operating activities was ¥3,194 million. - FY2025-H1WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as "funds," at the end of the interim consolidated accounting period decreased by ¥1,281 million from the end of the previous consolidated fiscal year to ¥10,842 million.」
Cash and cash equivalents decreased from ¥12,123 million at the end of the previous consolidated fiscal year to ¥10,842 million. Cash flow from operating activities also decreased from ¥1,680 million in the same period of the previous year to ¥46 million, indicating a decline in liquidity metrics from the previous fiscal year-end. - FY2024MitigatedAnnual report
「Regarding sources of capital and liquidity, the Company believes that it had secured sufficient funding sources and high liquidity because it held cash on hand equivalent to approximately 51.7% of total assets at the end of the consolidated fiscal year.」
Cash and cash equivalents totaled ¥12,123 million, or approximately 51.7% of total assets, and the amount available under overdraft facilities increased to ¥800 million. Short-term borrowings decreased from ¥700 million to ¥200 million. - FY2022MitigatedAnnual report
「As the Company held cash on hand equivalent to approximately 60% of total assets at the end of the consolidated fiscal year, it believes that it had secured sufficient funding sources and high liquidity.」
Cash and cash equivalents totaled ¥11,265 million, or approximately 60% of total assets, increasing available liquidity from approximately 50% in the previous fiscal year. The Company also maintained ¥800 million available under overdraft facilities. - FY2021RestatedAnnual report
「Regarding sources of capital and liquidity, the Company believes that it had secured sufficient funding sources and high liquidity because it held cash on hand equivalent to approximately 50% of total assets at the end of the consolidated fiscal year.」
The Company stated that cash on hand totaled ¥8,251 million, or approximately 50% of total assets, and that ¥800 million remained available under overdraft facilities, maintaining its policy that liquidity was sufficient. - FY2020MitigatedAnnual report
「Regarding the Group's sources of capital and liquidity, the Group believes that it had secured sufficient funding sources and high liquidity because it held cash on hand equivalent to approximately 60% of total assets at the end of the consolidated fiscal year.」
Cash on hand totaled ¥8,893.827 million, or approximately 60% of total assets, and ¥800 million remained available under overdraft facilities, indicating that liquidity was sufficient. - FY2019MitigatedAnnual report
「Regarding the Group's sources of capital and liquidity, the Group believes that it had secured sufficient funding sources and high liquidity because it held cash on hand equivalent to approximately 60% of total assets at the end of the consolidated fiscal year.」
Cash on hand accounted for approximately 60% of total assets, and cash and cash equivalents totaled ¥7,809.231 million. The Company continues to describe its response to funding and liquidity risks as sufficient. - FY2018MitigatedAnnual report
「As the Company held cash on hand equivalent to nearly 50% of total assets at the end of the consolidated fiscal year, it believes that it had secured sufficient funding sources and high liquidity.」
Cash and cash equivalents increased to ¥4,200.879 million, and ¥800 million remained available under overdraft facilities, indicating the Company's response to funding and liquidity risks. - FY2016First statedAnnual report
「Management of liquidity risk related to funding, namely the risk of being unable to make payments when due.」
The Accounting Division states that it prepares and updates cash flow plans in a timely manner and confirms available liquidity.