Securing On-Hand Liquidity in Response to the COVID-19 Pandemic
First written in FY2021-Q1. 5 of 8 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For funds required until receivables are collected, we seek to maintain liquidity equivalent to approximately 1.5 months of consolidated net sales through commercial paper and bank borrowings.」
The policy of using operating cash flow as the primary source of funds and maintaining liquidity equivalent to approximately 1.5 months of consolidated net sales through commercial paper and bank borrowings remains in place. - FY2025ReframedAnnual report
「Funds generated from operating cash flow are the primary source of working capital for business activities, including materials and components for manufacturing products and research and development costs. For funds required until receivables are collected, we seek to maintain liquidity equivalent to approximately 1.5 months of consolidated net sales through commercial paper and bank borrowings.」
The explanation of liquidity management has been reorganized from a focus on short-term borrowings to address infectious diseases to the normal financial policy of using operating cash flow as the primary source of funds and maintaining liquidity equivalent to 1.5 months of net sales through commercial paper and bank borrowings. - FY2023RestatedAnnual report
「Funds generated from operating cash flow are the primary source of working capital for business activities, including materials and components for manufacturing products and research and development costs. For funds required until receivables are collected, we will seek to maintain liquidity equivalent to approximately 1.5 to 2 months of consolidated net sales through commercial paper and bank borrowings.」
Operating cash flow is the primary source of funds, with liquidity secured through commercial paper and bank borrowings equivalent to approximately 1.5 to 2 months of net sales. - FY2022RestatedAnnual report
「Although concerns have arisen recently about the impact of semiconductor shortages and soaring raw material prices, we have established a framework for securing liquidity through commitment line agreements and overdraft facilities. We will continue working to secure financing capacity in preparation for emergencies.」
The framework for securing liquidity in emergencies through commitment line agreements and overdraft facilities remains in place. - FY2021AdvancedAnnual report
「In addition to the spread of COVID-19, concerns have recently arisen regarding the impact of semiconductor supply shortages. However, the Company has established a framework for securing liquidity in hand through commitment-line agreements and overdraft facilities.」
In addition to continuing short-term borrowings, it specifically describes the framework for securing liquidity in emergencies through commitment line agreements and overdraft facilities. - FY2021-Q3RestatedAnnual report
「During the first 9 months of the fiscal year, the Company obtained short-term borrowings to increase liquidity in hand in light of the impact of COVID-19.」
As a precaution against COVID-19, the Company has continued to secure liquidity in hand through short-term borrowings. - FY2021-Q2RestatedAnnual report
「Liabilities increased because short-term borrowings rose as the company increased on-hand liquidity in light of the impact of COVID-19. As a result, liabilities increased by ¥5,723 million from the end of the previous consolidated fiscal year, to ¥251,785 million.」
As a precaution against COVID-19, the Company has continued to secure liquidity in hand by increasing short-term borrowings. Cash flows from financing activities increased by ¥30,184 million, including ¥42,000 million in proceeds from short-term borrowings. - FY2021-Q1First statedAnnual report
「The increase in short-term borrowings resulted from efforts to increase liquidity in hand in light of the impact of COVID-19. As a result, liabilities increased by ¥3,183 million from the end of the previous consolidated fiscal year to ¥249,244 million.」
In response to the impact of COVID-19, the Company has disclosed for the first time its efforts to increase liquidity in hand through higher short-term borrowings.