Securing liquidity in preparation for the spread of COVID-19
First written in FY2020. 2 of 16 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
29 other companies' latest entry also says "Other".
- FY2026Annual update of borrowings and financing statusAnnual report
「The Group may also need funds for continued capital investment and M&A, and may need to secure additional working capital if raw material prices rise. When funding needs increase as a result of these effects, the Group will raise funds through borrowings from its financial institutions in addition to retained earnings. The Group's equity ratio is 56.3%, and it believes that it has ample borrowing capacity.」
At year-end, short-term borrowings increased from ¥8,400 million to ¥11,970 million, while long-term borrowings increased from ¥102 million to ¥1,177 million. The Group reaffirmed its policy of meeting funding needs arising from capital investment, M&A and higher raw material prices through retained earnings and borrowings. - FY2026-H1Interim-period update of short-term borrowings balanceAnnual report
「Funds provided by financing activities amounted to ¥4,178 million, an increase of ¥1,654 million in inflows year on year. This was mainly due to ¥6,610 million in inflows from the net increase in short-term borrowings, among other factors.」
During the interim period, short-term borrowings increased net by ¥6,610 million, updating the record of financing through financing activities. - FY2025-H1Interim-period update of short-term borrowings balanceAnnual report
「Funds provided by financing activities amounted to ¥2,524 million, a decrease of ¥1,277 million in inflows year on year. This was mainly due to ¥2,800 million in inflows from the net increase in short-term borrowings, among other factors.」
During the interim consolidated period, short-term borrowings increased net by ¥2,800 million, updating the record of financing through financing activities. - FY2024ReframedAnnual report
「When funding needs increase as a result of these effects, the Group will raise funds through borrowings from its financial institutions in addition to retained earnings. The Group's equity ratio is 61.5%, giving it ample borrowing capacity.」
The description has changed from increasing borrowings in preparation for the spread of COVID-19 to a general financing policy of meeting working capital needs arising from capital investment, M&A and higher raw material prices through retained earnings and borrowings from financial institutions. - FY2024-Q3Quarterly update of short-term borrowingsAnnual report
「Current liabilities at the end of the third quarter of the current consolidated fiscal year amounted to ¥24,091 million, an increase of ¥1,290 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥3,930 million in short-term borrowings.」
Short-term borrowings increased by ¥3,930 million from the end of the previous consolidated fiscal year, updating the financing status. - FY2024-Q2Quarterly update of short-term borrowingsAnnual report
「Funds provided by financing activities amounted to ¥3,801 million, a decrease of ¥4,810 million in inflows year on year. This was mainly due to ¥4,170 million in inflows from the net increase in short-term borrowings, among other factors.」
During the first six months of the current consolidated fiscal year, short-term borrowings increased net by ¥4,170 million, updating the financing status. - FY2024-Q1Quarterly update of short-term borrowingsAnnual report
「Current liabilities at the end of the first quarter of the current consolidated fiscal year amounted to ¥26,049 million, an increase of ¥3,248 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥4,150 million in short-term borrowings.」
Short-term borrowings increased by ¥4,150 million from the end of the previous consolidated fiscal year, updating the financing status. - FY2023Annual update of borrowings balance and compositionAnnual report
「Current liabilities at the end of the current consolidated fiscal year amounted to ¥22,801 million, a decrease of ¥1,894 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥601 million increase in income taxes payable and other liabilities, despite a ¥550 million decrease in short-term borrowings.」
Short-term borrowings decreased from ¥8,440 million to ¥7,890 million, while ¥776 million in new long-term borrowings was recorded. - FY2023-Q3Quarterly update of short-term borrowingsAnnual report
「Current liabilities at the end of the third quarter of the current consolidated fiscal year amounted to ¥31,248 million, an increase of ¥6,553 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥9,700 million in short-term borrowings.」
Short-term borrowings at the end of the third quarter increased by ¥9,700 million from the end of the previous consolidated fiscal year, bringing the balance of short-term borrowings to ¥18,140 million. - FY2023-Q2Quarterly update of short-term borrowingsAnnual report
「Funds provided by financing activities amounted to ¥8,611 million, an increase of ¥8,372 million in inflows year on year. This was mainly due to ¥9,220 million in inflows from the net increase in short-term borrowings, among other factors.」
During the first six months of the current consolidated fiscal year, short-term borrowings increased net by ¥9,220 million, updating the record of financing through financing activities. - FY2023-Q1Quarterly update of short-term borrowingsAnnual report
「Current liabilities at the end of the first quarter of the current consolidated fiscal year amounted to ¥35,345 million, an increase of ¥10,650 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥12,360 million in short-term borrowings.」
Short-term borrowings at the end of the first quarter increased by ¥12,360 million from the end of the previous consolidated fiscal year to ¥20,800 million. The text does not expressly state a causal relationship with preparations for the spread of COVID-19. - FY2022Annual Update on Short-Term Borrowing BalancesAnnual report
「Funds used in financing activities amounted to ¥4,711 million, an increase of ¥14,924 million in outflows year on year. This was mainly due to a decrease of ¥3,860 million in short-term borrowings, representing an increase of ¥14,460 million in outflows year on year.」
Short-term borrowings decreased by ¥3,860 million from the end of the previous consolidated fiscal year, leaving a year-end balance of ¥8,440 million. - FY2022-Q3Quarterly update of short-term borrowingsAnnual report
「Current liabilities amounted to ¥33,581 million, an increase of ¥10,215 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥1,970 million in notes and accounts payable-trade, ¥3,860 million in short-term borrowings and ¥1,350 million in income taxes payable and other liabilities.」
The filing discloses that short-term borrowings increased by ¥3,860 million from the end of the previous consolidated fiscal year. The current filing does not expressly state a causal relationship with preparations for the spread of COVID-19. - FY2021AdvancedAnnual report
「Funds provided by financing activities amounted to ¥10,213 million. This was mainly due to an increase of ¥10,600 million in short-term borrowings.」
As a measure to secure funds in preparation for uncertainty including the spread of COVID-19, short-term borrowings increased by ¥10,600 million, and the filing reported ¥10,213 million in funds raised through financing activities. - FY2021-Q2AdvancedAnnual report
「Funds provided by financing activities amounted to ¥3,725 million, an increase of ¥9,193 million in inflows year on year. This was mainly due to ¥4,000 million in inflows from the net increase in short-term borrowings, among other factors.」
In connection with measures to secure funds in preparation for the spread of COVID-19, short-term borrowings increased by ¥4,000 million, and the filing reported the resulting financing through financing activities. - FY2020First statedAnnual report
「In addition, in response to the spread of COVID-19, the Group expects its performance to be affected by a decline in sales and other factors as sales volumes fall and plants are temporarily closed to adjust production. With regard to liquidity, however, the Group has taken measures to secure sufficient funds by increasing borrowings in preparation for future uncertainty.」
The filing newly describes measures to secure funds by increasing borrowings in preparation for the anticipated impact of the spread of COVID-19 on performance and future uncertainty.