Liquidity Management Through Group Cash Concentration and Overdrafts
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 2 of 18 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「With respect to liquidity, we are working to improve funding efficiency for working capital on hand by, among other measures, concentrating the surplus funds of consolidated subsidiaries at the Company through Group financing. We have also entered into overdraft agreements and other arrangements with financial institutions, and believe that a certain level of liquidity can be maintained even if an event causes a partial liquidity constraint.」
The company continues to manage liquidity through centralized Group funding and overdraft agreements, and disclosed year-end cash and cash equivalents of ¥8.537 billion and interest-bearing debt of ¥3.611 billion. - FY2022First statedAnnual report
「We are working to improve funding efficiency by, among other measures, concentrating the surplus funds of consolidated subsidiaries at the Company through Group financing. We have also entered into overdraft agreements and other arrangements with financial institutions, and believe that a certain level of liquidity can be maintained even if an event causes a partial liquidity constraint.」
For the first time, the company has explicitly identified Group financing, which concentrates the surplus funds of consolidated subsidiaries at the parent company, and liquidity management through overdraft agreements as specific funding management measures.