Reliance on Borrowings, Liquidity and Funding
First written in FY2021. 13 of 17 entries say "Worsened", first in FY2022. Latest entry: 2026-10-01.
G-Next moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
25 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the fiscal year were 182,835 thousand yen.」
Cash and cash equivalents declined from 414,263 thousand yen at the end of the previous fiscal year to 182,835 thousand yen, while cash flows from operating activities were an outflow of 162,564 thousand yen. Borrowings were 103,032 thousand yen. - 2026-05-14WorsenedOccurring Fact
「Cash used in operating activities during the consolidated fiscal year amounted to an outflow of ¥162,564 thousand.」
Cash outflows from operating activities continued, while cash and cash equivalents at fiscal year-end declined to ¥182,835 thousand, indicating a deterioration in liquidity. - FY2026-H1WorsenedAnnual report
「Cash flows from operating activities during the interim accounting period amounted to an outflow of 130,823 thousand yen, compared with an outflow of 122,614 thousand yen in the same period of the previous year.」
The outflow from operating activities increased from 122,614 thousand yen in the same period of the previous year to 130,823 thousand yen, while cash and cash equivalents declined from 414,263 thousand yen at the end of the previous fiscal year to 257,079 thousand yen. - FY2025WorsenedAnnual report
「Cash flows from operating activities during the fiscal year amounted to an outflow of 233,992 thousand yen, compared with an outflow of 57,994 thousand yen in the previous fiscal year.” Borrowings at the end of the fiscal year were 135,174 thousand yen. Cash and cash equivalents at the end of the fiscal year were 414,263 thousand yen.」
Cash and cash equivalents increased from 318,282 thousand yen to 414,263 thousand yen, primarily due to the third-party allotment and other factors, while borrowings stood at 135,174 thousand yen and the outflow from operating activities increased from 57,994 thousand yen to 233,992 thousand yen. - FY2025-H1WorsenedAnnual report
「The company had entered into an overdraft agreement with one of its relationship banks to efficiently obtain working capital, but terminated the agreement during the interim accounting period.” Cash flows from operating activities during the interim accounting period amounted to an outflow of 122,614 thousand yen, compared with an inflow of 15,510 thousand yen in the same period of the previous year.」
The overdraft agreement was terminated and there were no remaining undrawn borrowings. Cash and cash equivalents increased as a result of the third-party allotment, while cash flows from operating activities changed from an inflow in the same period of the previous year to an outflow of 122,614 thousand yen. - FY2024WorsenedAnnual report
「Cash flows from operating activities during the fiscal year amounted to an outflow of 57,994 thousand yen, compared with an outflow of 54,299 thousand yen in the same period of the previous year. Borrowings at the end of the fiscal year were 174,846 thousand yen. Cash and cash equivalents at the end of the fiscal year were 318,282 thousand yen.」
The outflow from cash flows from operating activities increased from 54,299 thousand yen to 57,994 thousand yen, while cash and cash equivalents declined from 411,302 thousand yen to 318,282 thousand yen. Borrowings stood at 174,846 thousand yen. - FY2024-Q3WorsenedAnnual report
「In addition, given the special overdraft agreement with a financial institution and cash and deposits of 354,130 thousand yen held at the end of the third quarter, the company evaluated its funding plan based on its business plan and determined that, at present, no material uncertainty existed regarding the going concern assumption.」
Cash and deposits declined from 413,222 thousand yen at the end of the previous quarter to 354,130 thousand yen. Meanwhile, the company stated that it continued to maintain the special overdraft agreement and that, at present, no material uncertainty existed regarding the going concern assumption. - FY2024-Q2RestatedAnnual report
「In addition, given the special overdraft agreement with a financial institution and cash and deposits of 413,222 thousand yen held at the end of the second quarter, the company evaluated its funding plan based on its business plan and determined that, at present, no material uncertainty existed regarding the going concern assumption.」
The company continues to determine that, based on maintaining the special overdraft agreement and holding cash and deposits of 413,222 thousand yen, no material uncertainty exists regarding the going concern assumption at present. - FY2024-Q1MitigatedAnnual report
「In addition, given the special overdraft agreement with a financial institution and cash and deposits of 458,655 thousand yen held at the end of the quarter, the company evaluated its funding plan based on its business plan and determined that, at present, no material uncertainty existed regarding the going concern assumption.」
While maintaining the special overdraft agreement, cash and deposits increased from 415,341 thousand yen at the end of the previous fiscal year to 458,655 thousand yen, and the company determined that, at present, no material uncertainty existed regarding the going concern assumption. - FY2023WorsenedAnnual report
「Borrowings at the end of the fiscal year were 211,446 thousand yen. Cash and cash equivalents at the end of the fiscal year were 411,302 thousand yen.」
Cash and cash equivalents declined from 516,173 thousand yen at the end of the previous fiscal year to 411,302 thousand yen, while cash flows from operating activities were also an outflow of 54,299 thousand yen. - FY2023-Q3WorsenedAnnual report
「In addition, given the special overdraft agreement with a financial institution and cash and deposits of 447,294 thousand yen held at the end of the third quarter, the company evaluated its funding plan based on its business plan and determined that, at present, no material uncertainty existed regarding the going concern assumption.」
While maintaining the special overdraft agreement, cash and deposits declined from 548,113 thousand yen at the end of the second quarter to 447,294 thousand yen. - FY2023-Q2RestatedAnnual report
「Overdraft facility limit 50,000 thousand yen Drawn borrowings 5,000 thousand yen Difference 45,000 thousand yen」
The company continues to disclose its overdraft agreement, drawn borrowings and undrawn facility. At the end of the second quarter, cash and deposits were 548,113 thousand yen, and cash flows from operating activities were an inflow of 48,786 thousand yen. - FY2022WorsenedAnnual report
「Cash flows from operating activities during the fiscal year amounted to an outflow of 460,583 thousand yen, compared with an inflow of 151,263 thousand yen in the same period of the previous year.」
Cash flows from operating activities changed from an inflow of 151,263 thousand yen to an outflow of 460,583 thousand yen, while cash and cash equivalents declined from 974,381 thousand yen to 523,844 thousand yen. The filing also discloses an overdraft facility limit of 50,000 thousand yen and undrawn borrowings of 45,000 thousand yen. - FY2021First statedAnnual report
「Short-term working capital is primarily funded through internal funds and short-term borrowings from financial institutions. Capital expenditures and long-term working capital are primarily funded through long-term borrowings from financial institutions and equity financing.」
At the end of the fiscal year, borrowings were 279,350 thousand yen, while cash and cash equivalents were 974,381 thousand yen.