Stable Access to Working Capital through a Commitment Line
First written in FY2022-Q2. 1 of 3 entries say "Restated". Latest entry: FY2025.
9 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual report
「The Company has entered into a lending commitment agreement with one of its transaction banks to procure working capital efficiently. The undrawn balance under the lending commitment at the end of the consolidated fiscal year was as follows. The lending commitment agreement expired during the current consolidated fiscal year.」
The 3-year commitment line with a borrowing limit of ¥500 million expired, reducing the total lending commitments at the end of the consolidated fiscal year to zero. - FY2022RestatedAnnual report
「Contracting bank Resona Bank, Limited Borrowing limit ¥500 million Agreement date 31 May 2022 Agreement term 3 years Agreement type Bilateral commitment line Use of funds Working capital Collateral and guarantees Unsecured and unguaranteed」
The Company reiterated in its annual report the commitment line agreement, with a borrowing limit of ¥500 million and a 3-year term, to provide working capital for future business activities and unexpected funding needs. - FY2022-Q2First statedAnnual report
「The Company entered into this agreement to secure stable working capital for future business activities and respond quickly to unexpected funding needs. (2) Borrowing limit ¥500 million (3) Agreement date 31 May 2022 (4) Agreement term 3 years (6) Use of funds Working capital」
The Company entered into an unsecured and unguaranteed commitment line agreement with Resona Bank, with a borrowing limit of ¥500 million, a 3-year term and working capital as the purpose of the funds.