Addressing Working Capital Needs and Strengthening the Financial Base
First written in FY2025. 3 of 8 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
45 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Short-term working capital is basically secured and funded through retained earnings, but as necessary, the Group also expects to raise funds or secure liquidity through long-term borrowings, overdraft agreements, commitment lines and other means」
The Group continues to secure working capital through retained earnings, long-term borrowings and overdrafts. During the current fiscal year, borrowings decreased by ¥987 million, and cash flow from operating activities was an inflow of ¥994 million. - FY2026-H1AdvancedAnnual report
「This was mainly due to borrowings under current liabilities increasing by ¥2,598 million as working capital increased, despite trade and other payables decreasing by ¥570 million.」
Borrowings under current liabilities increased by ¥2,598 million in response to increased working capital, resulting in an operating cash outflow of ¥1,939 million. This demonstrates the use of financing to address working capital needs. - FY2025First statedAnnual report
「In the construction industry, substantial payments are often made when or after the completed work is delivered, resulting in substantial amounts of funds being advanced for extended periods. We will work to raise funds and strengthen our financial base to address the resulting working capital needs.」
The need to advance funds until construction payments are collected remains an ongoing issue, with continued efforts to raise funds and strengthen the financial base.