Diversification of Funding and Reduction of the Cost of Capital
First written in FY2023. 3 of 6 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
18 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Proceeds from long-term borrowings 25,000 Proceeds from issuance of commercial paper 45,000 Payments for redemption of commercial paper △ 55,000」
The company continues to diversify its funding sources by combining long-term borrowings with commercial paper issuance and redemption. Interest-bearing debt decreased by ¥7.5 billion from the end of the previous fiscal year. - FY2026-H1RestatedAnnual report
「Proceeds from long-term borrowings 20,000 Proceeds from issuance of commercial paper 25,000 Payments for redemption of commercial paper △ 25,000」
The company also executed funding through multiple sources during the interim period, combining long-term borrowings and commercial paper. - FY2025AdvancedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt increased by ¥24,403 million from the end of the previous fiscal year to ¥71,817 million.」
The company executed funding using a combination of bank borrowings, bonds and commercial paper, and interest-bearing debt increased by ¥24.4 billion from the end of the previous fiscal year. - FY2025-H1AdvancedAnnual report
「Proceeds from long-term borrowings ¥21,000 million Proceeds from issuance of commercial paper ¥13,000 million Payments for redemption of commercial paper △ ¥13,000 million」
The company executed ¥21,000 million in long-term borrowings and ¥13,000 million in commercial paper issuance and redemption, making concrete progress in diversifying its funding sources. - FY2024-Q2AdvancedAnnual report
「Proceeds from long-term borrowings 14,000 Proceeds from issuance of commercial paper 8,000 Payments for redemption of commercial paper △ 8,000」
During the cumulative second quarter, the company recorded ¥14 billion in proceeds from long-term borrowings and also issued and redeemed commercial paper, thereby implementing funding through multiple sources. - FY2023First statedAnnual report
「While diversifying funding sources through external borrowings from financial institutions and market financing through bond issuance, we will also work to reduce the cost of capital.」
The company explicitly identifies the diversification of funding sources and reduction of the cost of capital as financial strategies, combining operating cash flow, bank borrowings, bonds and commercial paper.