Strengthening the Financial Base Through Retained Earnings and Liquidity
First written in FY2023. 3 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「We generally fund working capital needs, including selling, general and administrative expenses, and advances arising from subrogation payments to property management companies and landlords with internal funds. At the same time, by entering into overdraft agreements with our relationship financial institutions, we have established a framework that enables flexible fund-raising, and use these agreements to raise a portion of the funds required.」
The company continues to prioritize internal funds and secure liquidity for working capital and advances arising from subrogation payments by using overdraft agreements. - FY2025-H1RestatedAnnual report
「※2. We have entered into overdraft agreements with 6 of our relationship banks to secure working capital efficiently.」
The company continues to maintain overdraft agreements with 6 relationship banks. The aggregate limit is ¥1,000 million, unchanged from the end of the previous fiscal year. - FY2024RestatedAnnual report
「We generally fund working capital needs, including selling, general and administrative expenses, and advances arising from subrogation payments to property management companies and landlords with internal funds. At the same time, by entering into overdraft agreements with our relationship financial institutions, we have established a framework that enables flexible fund-raising.」
The company continues to prioritize internal funds and secure liquidity for working capital and advances arising from subrogation payments by using overdraft agreements. - FY2024-Q2AdvancedAnnual report
「We have entered into overdraft agreements with 6 of our relationship banks to secure working capital efficiently.」
The aggregate overdraft limit increased from ¥800 million at the end of the previous fiscal year to ¥1,000 million, while the net amount also reached ¥533.5 million, expanding the available liquidity facilities. - FY2023First statedAnnual report
「We will strengthen our financial foundation by continuing to secure a certain level of retained earnings and review various costs based on cost-effectiveness.」
As a premise for balancing business expansion with stable dividends, the company emphasizes retained earnings, cost reviews and relationships with financial institutions.