Efficient Procurement of Working Capital through Commitment Agreements
First written in FY2019. 3 of 9 entries say "Restated". Latest entry: FY2026.
Nikkato moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
11 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「To efficiently fund working capital, the company has entered into a ¥500.000 million commitment facility with its relationship financial institutions, of which ¥400.000 million has been drawn.」
The commitment facility was reduced from ¥1,000.000 million in the previous fiscal year to ¥500.000 million. - FY2026-H1Commitment fees increased year on yearAnnual report
「Commitment fees 4,602 16,650」
Commitment fees related to working-capital funding increased from ¥4.602 million in the same period of the previous year to ¥16.650 million in the interim accounting period. - FY2024RestatedAnnual report
「To efficiently fund working capital, the company has entered into a ¥1,000.000 million commitment facility with its relationship financial institutions, of which ¥400.000 million has been drawn.」
The company continues to use a ¥1,000.000 million commitment facility and a drawn balance of ¥400.000 million as a source of working-capital funding. - FY2023-Q2RestatedAnnual report
「Commitment fees 4,899 4,604」
The company continues to recognize commitment fees related to working-capital funding. The amount recognized for the cumulative second quarter was ¥4.604 million. - FY2023-Q1Recognition of commitment feesAnnual report
「Commitment fees - 448」
The company recognized commitment fees of ¥448 thousand as a non-operating expense for the cumulative first quarter, confirming the occurrence of costs related to the commitment facility. - FY2021RaisedAnnual report
「To efficiently fund working capital, the company has entered into a ¥1,000.000 million commitment facility with its relationship financial institutions, of which ¥400.000 million has been drawn.」
The commitment facility was increased from ¥500.000 million to ¥1,000.000 million. The drawn balance is ¥400.000 million. - FY2021-Q2AdvancedAnnual report
「Proceeds from long-term borrowings increased by ¥100.000 million as a result of a new long-term borrowing.」
For funding working capital and other needs, the company raised ¥100.000 million through new long-term borrowings in addition to its existing commitment facility. - FY2020RestatedAnnual report
「To efficiently fund working capital, the company has entered into a ¥500.000 million commitment facility with its relationship financial institutions, of which ¥400.000 million has been drawn.」
The company continues to use a ¥500.000 million commitment facility and a drawn balance of ¥400.000 million as a source of working-capital funding. - FY2019First statedAnnual report
「To efficiently fund working capital, the company entered into a ¥500.000 million commitment facility with its relationship financial institutions, of which ¥400.000 million had been drawn.」
The company reported for the first time a ¥500.000 million commitment facility with its relationship financial institutions and a drawn balance of ¥400.000 million as a source of working-capital funding.