Securing Funding While Prioritizing Operating Cash Flow and Maintaining Liquidity
First written in FY2019. 1 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2027-H1.
13 other companies' latest entry also says "Other".
- FY2027-H1Return to positive operating cash flow and reduction of interest-bearing debtAnnual report
「Cash flows from operating activities resulted in an inflow of ¥767 million. This reflected interim net income before income taxes and other adjustments of ¥75 million, plus depreciation and amortization of ¥451 million and an increase of ¥625 million in advances received for summer courses and other programs. Cash flows from financing activities resulted in an outflow of ¥475 million, owing to efforts to reduce interest-bearing debt, including repayment of ¥767 million in long-term borrowings and a ¥500 million reduction in short-term borrowings.」
Operating cash flow was an inflow of ¥767 million in the interim period, compared with an outflow in the previous disclosure covering an irregular nine-month fiscal period. The Company repaid ¥767 million of long-term borrowings and reduced short-term borrowings by ¥500 million. - FY2026Operating cash flow was an outflow in the 9-month irregular fiscal periodAnnual report
「Because the current period was a 9-month irregular fiscal period resulting from a change in the fiscal year-end, cash flow from operating activities was an outflow. This was due to the effect of the accounting period, including the fact that the spring period, when revenue normally increases, was not included in the current period.」
While maintaining its policy of prioritizing operating cash flow, the company reported an outflow of ¥181 million from operating activities due to the 9-month fiscal period and the period-related effect of excluding the spring season. - FY2020AdvancedAnnual report
「The company has secured sufficient credit facilities from financial institutions to prepare for unforeseen circumstances. While monitoring changes in the COVID-19 situation, the company intends to continue actively pursuing M&A and investment to strengthen its business platform in fields expected to deliver growth over the medium to long term.」
In addition to a funding policy that prioritizes operating cash flow, the company describes securing credit facilities from financial institutions for unforeseen circumstances and investing in M&A and its business platform in growth fields. - FY2019First statedAnnual report
「The group considers generating stable cash flow from operating activities its highest priority as a source of funding, with the aim of securing appropriate funds for business activities, maintaining liquidity and preserving a sound financial position.」
The company explicitly describes for the first time a funding policy that prioritizes cash flow from operating activities and secures working capital and capital investment funds through internal funds and borrowings.