Addressing the risk of failing to meet payment obligations by securing sufficient cash
First written in FY2017. 2 of 4 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
45 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「At the end of the fiscal year, current assets were ¥468.3 billion, including ¥237.0 billion in cash and cash equivalents, and current liabilities were ¥163.6 billion. The company recognizes that it has sufficient liquidity to meet its needs.」
The company explained that liquidity was sufficient, as cash and cash equivalents increased to ¥237.0 billion and repayment of the acquisition-related borrowings progressed. - FY2025Changes in the liquidity structure resulting from borrowings to fund an acquisitionAnnual report
「At the end of the current consolidated fiscal year, current assets were ¥455.1 billion, including ¥204.6 billion in cash and cash equivalents, and current liabilities were ¥148.3 billion. We recognize that necessary liquidity is sufficient. A portion of the funding required as a result of the acquisition of US-based Deciphera in June 2024 was financed through borrowings from financial institutions.」
While the acquisition of Deciphera was financed through borrowings, the company explained that it has sufficient liquidity, including ¥204.6 billion in cash and cash equivalents. - FY2018MitigatedAnnual report
「Our group manages liquidity risk, led by the accounting department, by appropriately maintaining retained earnings and monitoring cash flow plans and actual results. However, we believe this risk is limited because we hold sufficient cash and cash equivalents and current assets and consistently secure positive cash flow from operating activities.」
The disclosure cites maintaining retained earnings, monitoring cash flow plans and actual results, and sufficient cash and current assets as measures to address liquidity risk. - FY2017First statedAnnual report
「Our group is exposed to liquidity risk, meaning the risk that it may be unable to meet current or future payment obligations because it cannot obtain sufficient cash.」
The disclosure identifies the liquidity risk of being unable to meet payment obligations and explains that it is managed by monitoring cash flow plans and actual results and maintaining retained earnings.