Ensuring Stable Liquidity and Funding Sources
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2026.
Gun Ei Chemical Industry moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
3 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Working capital is funded primarily with internal funds generated from operating cash flow. If internal funds are insufficient to meet funding needs based on the business plan, the company plans to obtain financing mainly through borrowings from financial institutions, taking into account interest rate trends and other financing conditions.」
The description has been made more specific, changing from the previous explanation of using internal funds and equity as the primary sources of funding to a policy of using internal funds generated from operating cash flow and borrowings from financial institutions when funds are insufficient. - FY2023RestatedAnnual report
「Short-term working capital is funded primarily from internal funds, while capital expenditures are funded from internal funds and long-term borrowings from financial institutions.」
The company continues its financing policy of using internal funds as the primary source and utilizing long-term borrowings for capital expenditures. It also states that liquidity is secured through overdraft agreements. - FY2021AdvancedAnnual report
「With regard to the impact of COVID-19, the outlook remains uncertain because the timing of containment cannot be foreseen. However, the company currently holds sufficient cash on hand and has entered into overdraft agreements with financial institutions to secure liquidity in preparation for emergency funding needs arising from the spread of infection and other factors.」
In addition to its policy of using internal funds and equity as the primary sources of funding, the company states that it has entered into overdraft agreements in preparation for emergency funding needs arising from the spread of infection and other factors. - FY2019RestatedAnnual report
「The Group's basic policy is to maintain stable liquidity and sources of funds necessary for its business operations. Short-term working capital is funded primarily from internal funds, and capital expenditures are also funded primarily by equity, while the Group plans to obtain long-term borrowings from financial institutions when necessary.」
The company continues its financing policy of using internal funds and equity as the primary sources of funding and utilizing long-term borrowings when necessary. - FY2018First statedAnnual report
「The Group's basic policy is to maintain stable liquidity and sources of funds necessary for its business operations. Short-term working capital is funded primarily from internal funds, and capital expenditures are also funded primarily by equity, while the Group plans to obtain long-term borrowings from financial institutions when necessary.」
The company states a financing policy of funding short-term working capital and capital expenditures primarily with internal funds and equity, while using long-term borrowings when necessary.