Managing Funding Efficiency and Liquidity through CMS and Commitment Lines
First written in FY2017. 1 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2023.
The whole theme swung hardest in 2026: 2 of 14 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2023Commitment line renewalAnnual report
「For working capital on hand, the company has introduced CMS (cash management system) at the company and its domestic consolidated subsidiaries, except for certain subsidiaries. By concentrating each company's surplus funds at the company for centralized management, it is working to improve funding efficiency.」
Centralized management of surplus funds through CMS continued, as did liquidity management through cash on hand equivalent to 1 to 2 months of sales and commitment lines. Consolidated total commitments amounted to ¥54,163 million. - FY2022Commitment line renewalAnnual report
「The total amount of overdraft facilities and lending commitments was ¥52,839 million, borrowings outstanding were ¥3,450 million, and the unused amount was ¥49,389 million.」
Liquidity management continued, and total commitments and borrowings outstanding were updated as of the end of March 2022. - FY2021Commitment line renewalAnnual report
「The total amount of overdraft facilities and lending commitments was ¥52,385 million, borrowings outstanding were nil, and the unused amount was ¥52,385 million.」
Liquidity management through CMS and commitment lines continued, and total commitments were renewed from ¥49,275 million to ¥52,385 million. - FY2020Liquidity management levels and commitment line renewalAnnual report
「We currently maintain cash on hand equivalent to 1 to 2 months of sales to meet unforeseen funding needs, and plan to continue operating at this level. In addition, we have entered into commitment line agreements with financial institutions to ensure that we can raise funds quickly and reliably in response to unforeseen funding needs exceeding this level, thereby preparing for liquidity risk.」
The company indicated that it would continue centralized cash management through CMS and maintain cash on hand equivalent to 1 to 2 months of sales. Consolidated total lending commitments were ¥49,275 million, while borrowings outstanding were ¥200 million. - FY2018AdvancedAnnual report
「The total amount of overdraft facilities and lending commitments was ¥90,607 million, outstanding borrowings were ¥3,800 million, and the unused amount was ¥86,807 million.」
Liquidity management through CMS and commitment lines continued, and total lending commitments increased from ¥50,540 million in the previous fiscal year to ¥90,607 million. - FY2017First statedAnnual report
「For working capital on hand, the Company and certain domestic consolidated subsidiaries have introduced a CMS (cash management service) to pool surplus funds from each company at the Company and manage them centrally, thereby improving funding efficiency. The Company has also entered into commitment line agreements to ensure rapid and reliable funding in response to unexpected funding needs and to prepare for liquidity risk.」
The Company discloses the centralization and management of surplus funds through CMS and the use of commitment lines to prepare for unexpected funding needs as specific funding management measures. Total consolidated lending commitments were ¥50,540 million, of which ¥30,000 million related to the Company on a non-consolidated basis.