Funding based primarily on operating cash flow and financial soundness
First written in FY2016. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 3 of 23 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Annual financing and cash flow performance updateAnnual report
「There were no borrowings outstanding at the end of the consolidated fiscal year.」
The Group continues to have no borrowings outstanding. Cash flow from operating activities amounted to ¥2,258 million, while cash used in financing activities amounted to ¥1,162 million. - FY2026-H1Financing cash flow performance updateAnnual report
「Cash used in financing activities amounted to ¥621 million, up 118.9% year on year. This was mainly due to ¥308 million used to acquire treasury shares and ¥299 million in dividends paid.」
In addition to repayments of borrowings, cash used in financing activities during the interim consolidated period amounted to ¥621 million, due to ¥308 million used to acquire treasury shares and ¥299 million in dividends paid. - FY2025Update to zero borrowing balanceAnnual report
「There were no borrowings outstanding at the end of the consolidated fiscal year.」
The Group continues to finance itself through internal funds and borrowings from financial institutions, while its borrowing balance was zero at 31 March 2025. - FY2025-H1Borrowing repayments and financing cash flow performance updateAnnual report
「Cash used in financing activities amounted to ¥283 million, down 59.6% year on year. This was mainly due to ¥235 million in dividends paid.」
Cash used in financing activities amounted to ¥283 million, including ¥25.002 million in repayments of long-term borrowings and ¥235.974 million in dividends paid. - FY2024Borrowing balance and financing performance updateAnnual report
「At the end of the consolidated fiscal year, there were no short-term borrowings, while long-term borrowings stood at ¥29 million, all of which were borrowings from financial institutions.」
The Group continues to finance itself through internal funds and borrowings from financial institutions. At 31 March 2024, short-term borrowings were zero and long-term borrowings stood at ¥29 million. - FY2024-Q3Updated borrowing balanceAnnual report
「Total non-current liabilities decreased by ¥51 million from the end of the previous consolidated fiscal year to ¥502 million. This was mainly due to a ¥29 million decrease in long-term borrowings.」
Non-current liabilities stood at ¥502 million at the end of the third quarter, while long-term borrowings decreased by ¥29 million from the end of the previous fiscal year. - FY2024-Q2Updated borrowing balanceAnnual report
「Total non-current liabilities decreased by ¥35 million from the end of the previous consolidated fiscal year to ¥518 million. This was mainly due to a ¥25 million decrease in long-term borrowings.」
Non-current liabilities stood at ¥518 million at the end of the second quarter, while long-term borrowings decreased by ¥25 million from the end of the previous fiscal year. - FY2024-Q1Updated borrowing balanceAnnual report
「Total non-current liabilities decreased by ¥9 million from the end of the previous consolidated fiscal year to ¥544 million. This was mainly due to a ¥12 million decrease in long-term borrowings.」
Non-current liabilities stood at ¥544 million at the end of the first quarter, while long-term borrowings decreased by ¥12 million from the end of the previous fiscal year. - FY2023-Q3Updated borrowing balanceAnnual report
「Current liabilities decreased by ¥1,311 million from the end of the previous consolidated fiscal year to ¥6,842 million. This was mainly due to decreases of ¥414 million in income taxes payable, ¥301 million in provision for bonuses, ¥261 million in short-term borrowings and ¥163 million in long-term borrowings due for repayment within 1 year.」
Current liabilities decreased at the end of the third quarter, as did short-term borrowings and long-term borrowings due for repayment within 1 year from the end of the previous fiscal year. - FY2023-Q2Borrowing balance and repayment performance updateAnnual report
「This was mainly due to a ¥425 million increase in accounts payable, partly offset by decreases of ¥261 million in short-term borrowings, ¥207 million in accounts payable included in other current liabilities and ¥113 million in long-term borrowings due for repayment within 1 year.」
The disclosure updates the borrowing burden on the balance sheet, noting decreases in short-term borrowings and long-term borrowings due for repayment within 1 year at the end of the second quarter. - FY2023-Q1Updated borrowing balanceAnnual report
「Total non-current liabilities decreased by ¥16 million from the end of the previous consolidated fiscal year to ¥390 million. This was mainly due to a ¥12 million decrease in long-term borrowings.」
Non-current liabilities stood at ¥390 million at the end of the first quarter, while long-term borrowings decreased by ¥12 million from the end of the previous fiscal year. - FY2022Financing policy and borrowing balance updateAnnual report
「The Group finances working capital and capital expenditures through internal funds and borrowings from financial institutions. Working capital is financed through internal funds and short-term borrowings, while capital expenditures are financed through long-term borrowings, including long-term borrowings due for repayment within 1 year. The combined balance of short-term and long-term borrowings at the end of the consolidated fiscal year was ¥555 million, all of which were borrowings from financial institutions.」
The Group continues to finance itself through internal funds and borrowings from financial institutions, with the combined year-end balance of short-term and long-term borrowings at ¥555 million. It also states that sufficient cash on hand and financing options have been secured. - FY2022-Q3Updated borrowing balanceAnnual report
「Total non-current liabilities decreased by ¥178 million from the end of the previous consolidated fiscal year to ¥386 million. This was mainly due to a ¥201 million decrease in long-term borrowings.」
Non-current liabilities stood at ¥386 million at the end of the third quarter, while long-term borrowings decreased by ¥201 million from the end of the previous fiscal year. Short-term borrowings increased by ¥115 million. - FY2022-Q2Updated borrowing balanceAnnual report
「Total non-current liabilities decreased by ¥130 million from the end of the previous consolidated fiscal year to ¥434 million. This was mainly due to a ¥138 million decrease in long-term borrowings.」
Non-current liabilities stood at ¥434 million at the end of the second quarter, while long-term borrowings decreased by ¥138 million from the end of the previous fiscal year. - FY2022-Q1Updated borrowing balanceAnnual report
「Total non-current liabilities decreased by ¥74 million from the end of the previous consolidated fiscal year to ¥490 million. This was mainly due to a ¥76 million decrease in long-term borrowings.」
The disclosure reports decreases in non-current liabilities and long-term borrowings at the end of the first quarter. - FY2021Borrowing balances and available financing updateAnnual report
「The Group finances working capital and capital expenditures through internal funds and borrowings from financial institutions. Working capital is financed through internal funds and short-term borrowings, while capital expenditures are financed through long-term borrowings, including long-term borrowings due for repayment within 1 year. The combined balance of short-term and long-term borrowings at the end of the consolidated fiscal year was ¥914 million, all of which were borrowings from financial institutions.」
The disclosure reconfirms the financing policy for working capital and capital expenditures and reports a combined year-end balance of ¥914 million in short-term and long-term borrowings. It also states that sufficient cash on hand and financing options have been secured. - FY2021-Q3Updated borrowing balanceAnnual report
「Current liabilities decreased by ¥796 million from the end of the previous consolidated fiscal year to ¥6,536 million. This was mainly due to decreases of ¥312 million in long-term borrowings due for repayment within 1 year, ¥236 million in provision for bonuses, ¥161 million in accounts payable and ¥146 million in income taxes payable. Total non-current liabilities decreased by ¥401 million from the end of the previous consolidated fiscal year to ¥628 million. This was mainly due to a ¥405 million decrease in long-term borrowings.」
The disclosure updates the liability balances at the end of the third quarter and states that long-term borrowings due for repayment within 1 year and long-term borrowings decreased from the end of the previous consolidated fiscal year. - FY2021-Q2Borrowing repayments and capital expenditure cash flow performance updateAnnual report
「Cash used in financing activities amounted to ¥793 million, up 34.3% year on year. This was mainly due to ¥534 million in repayments of long-term borrowings and ¥257 million in dividends paid.」
During the cumulative second quarter, ¥534 million of long-term borrowings was repaid and ¥257 million in dividends was paid. - FY2020Financing policy and borrowing balance updateAnnual report
「The Group finances working capital and capital expenditures through internal funds and borrowings from financial institutions. Working capital is financed through internal funds and short-term borrowings, while capital expenditures are financed through long-term borrowings, including long-term borrowings due for repayment within 1 year. At the end of the consolidated fiscal year, long-term borrowings stood at ¥1,674 million, all of which were borrowings from financial institutions.」
The disclosure reconfirms the financing policy for working capital and capital expenditures and reports a long-term borrowing balance of ¥1,674 million. - FY2020-Q3Updated borrowing balanceAnnual report
「This was mainly due to decreases of ¥428 million in accounts payable, ¥224 million in provision for bonuses, ¥187 million in long-term borrowings due for repayment within 1 year, ¥163 million in short-term borrowings and ¥113 million in income taxes payable.」
The disclosure cites decreases of ¥163 million in short-term borrowings and ¥187 million in long-term borrowings due for repayment within 1 year as factors behind the decline in liabilities at the end of the third quarter. - FY2020-Q2Update to borrowing and repayment recordAnnual report
「Major sources of cash included ¥250 million from long-term borrowings. Major uses of cash included ¥576 million for repayments of long-term borrowings and ¥257 million in dividends paid.」
For financing and repayment performance during the cumulative second quarter, the disclosure reports ¥250 million in long-term borrowings, ¥576 million in repayments of long-term borrowings and ¥257 million in dividends paid. - FY2020-Q1Update to Short-Term BorrowingsAnnual report
「This was mainly due to decreases of ¥225 million in provision for bonuses and ¥163 million in income taxes payable, partly offset by increases of ¥293 million in short-term borrowings, ¥273 million in accounts payable and ¥126 million in deposits received included in other current liabilities.」
Short-term borrowings at the end of the first quarter increased by ¥293 million from the end of the previous consolidated fiscal year to ¥456 million. - FY2019Financing policy and borrowing balance updateAnnual report
「The Group finances working capital and capital expenditures through internal funds and borrowings from financial institutions. Working capital is financed through internal funds and short-term borrowings, while capital expenditures are financed through long-term borrowings, including long-term borrowings due for repayment within 1 year. At the end of the fiscal year, short-term borrowings stood at ¥163 million and long-term borrowings at ¥1,963 million, all of which were borrowings from financial institutions.」
The disclosure reconfirms the financing methods for working capital and capital expenditures and reports year-end short-term borrowings of ¥163 million and long-term borrowings of ¥1,963 million. - FY2019-Q2Update to borrowing and repayment recordAnnual report
「Major sources of cash included ¥500 million from long-term borrowings. Major uses of cash included ¥500 million for repayments of long-term borrowings and ¥257 million in dividends paid.」
As financing policy performance, the disclosure reports ¥500 million in long-term borrowings, ¥509.22 million in repayments of long-term borrowings and ¥257.35 million in dividends paid. - FY2018Details of financing performanceAnnual report
「The Group finances working capital and capital expenditures through internal funds, capital increases and borrowings from financial institutions. Working capital is financed through internal funds and short-term borrowings, while capital expenditures are financed through capital increases and long-term borrowings, including long-term borrowings due for repayment within 1 year.」
In addition to its previous policy of relying primarily on operating cash flow, the Group provides specific details on the financing methods used for working capital and capital expenditures. - FY2016First statedAnnual report
「The Group will continue its efforts to maximize capital efficiency at all times, including by reducing asset balances, and will raise funds primarily through cash flow generated from operating activities, taking financial soundness and financing costs into consideration.」
Asset reduction, capital efficiency, operating cash flow, financial soundness and financing costs are used as the criteria for financing policy decisions.