Flexible Borrowing for Growth and Working Capital
First written in FY2018-Q3. 8 of 22 entries say "Advanced", first in FY2018. Latest entry: FY2024.
5 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Financing activities during the fiscal year resulted in net cash inflow of ¥2,382.047 million, compared with a net cash outflow of ¥893.040 million in the previous fiscal year. The main sources of cash were ¥5,000.000 million in proceeds from long-term borrowings and ¥1,528.689 million in proceeds from the issuance of shares, while the main uses of cash were ¥2,480.026 million in purchases of treasury shares and ¥1,130.358 million in repayments of long-term borrowings.」
The annual results confirm funding that included ¥5,000.000 million in long-term borrowings related to the acquisition of 旅工房 and other companies and working capital, as well as repayments of ¥1,130.358 million in long-term borrowings. - FY2024-Q2AdvancedAnnual report
「During the six-month period ended [the current second quarter], financing activities resulted in net cash inflow of ¥4,042.809 million, compared with a net cash outflow of ¥467.801 million in the same period of the previous year. This was mainly due to ¥5,000.000 million in proceeds from long-term borrowings.」
Against the backdrop of continued borrowing repayments through the previous fiscal year, the Company executed ¥5,000.000 million in long-term borrowings in connection with the acquisition of 旅工房 and other companies and working capital. - FY2024-Q1AdvancedAnnual report
「For the acquisition of shares in 旅工房 and working capital, the Company resolved at a meeting of the Board of Directors held on 11 October 2023 to raise funds from financial institutions as follows, and executed the borrowings. ① Lenders MUFG Bank, Ltd. Mizuho Bank, Ltd. ② Borrowing amount ¥3,000 million ¥2,000 million ④ Drawdown date 31 October 2023 13 October 2023 ⑤ Borrowing term 7 years 5 years」
The Company borrowed ¥3 billion from MUFG Bank and ¥2 billion from Mizuho Bank to fund the acquisition of shares in 旅工房 and working capital. The trend shifted from continued repayment of existing borrowings to the execution of additional borrowings, including acquisition financing. - FY2023-Q3Continued repayment of borrowingsAnnual report
「During the nine-month period ended [the current third quarter], financing activities resulted in a net cash outflow of ¥627.714 million, compared with net cash inflow of ¥4,881.572 million in the same period of the previous year. This was mainly due to ¥368.430 million in repayments of long-term borrowings.」
Financing activities resulted in a cash outflow of ¥627.714 million, mainly due to ¥368.430 million in repayments of long-term borrowings. Borrowing repayments continued. - FY2023-Q2Continued repayment of borrowingsAnnual report
「During the six-month period ended [the current second quarter], financing activities resulted in a net cash outflow of ¥467.801 million, compared with net cash inflow of ¥5,207.269 million in the same period of the previous year. This was mainly due to ¥264.231 million in repayments of long-term borrowings.」
Repayments of long-term borrowings resulted in a cash outflow of ¥264.231 million, confirming continued progress in borrowing repayments through the previous quarter. - FY2023-Q1Continued repayment of borrowingsAnnual report
「During the three-month period ended [the current first quarter], financing activities resulted in a net cash outflow of ¥329.998 million, compared with a net cash outflow of ¥330.513 million in the same period of the previous year. This was mainly due to ¥135.032 million in repayments of long-term borrowings.」
Repayments continued after the company had advanced borrowings for growth and working capital, with financing activities in the quarter resulting in a cash outflow of ¥329.998 million, mainly due to ¥135.032 million in repayments of long-term borrowings. - FY2022Continued decline in borrowings outstandingAnnual report
「Financing activities during the fiscal year resulted in net cash inflow of ¥4,294.518 million, compared with a net cash outflow of ¥893.417 million in the previous fiscal year. The main sources of cash were ¥5,350.486 million in proceeds from the issuance of shares and ¥364.987 million in proceeds from the sale of treasury shares, while the main uses of cash were ¥1,120.121 million in repayments of long-term borrowings and ¥282.519 million in repayments of lease liabilities.」
While repayments of long-term borrowings continued, funds were raised through a public offering and the disposal of treasury shares. Bonds and borrowings outstanding declined from ¥6,198.870 million in the previous fiscal year to ¥3,528.749 million. - FY2022-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], financing activities resulted in net cash inflow of ¥5,207.269 million, compared with a net cash outflow of ¥938.189 million in the same period of the previous year. This was mainly due to ¥5,375.310 million in proceeds from the issuance of shares, ¥366.675 million in proceeds from the sale of treasury shares, and ¥364.471 million in repayments of long-term borrowings.」
While public offering proceeds and other sources of funding provided cash inflows, repayments of long-term borrowings continued. - FY2022-Q1Continued repayment of borrowingsAnnual report
「During the three-month period ended [the current first quarter], financing activities resulted in a net cash outflow of ¥330.513 million, compared with a net cash outflow of ¥841.439 million in the same period of the previous year. This was mainly due to ¥194.425 million in repayments of long-term borrowings.」
Repayments of long-term borrowings resulted in a cash outflow of ¥194.425 million, and borrowing repayments continued to progress from the previous year. Financing activities resulted in a cash outflow of ¥330.513 million. - FY2021Decline in borrowings outstanding and execution of long-term borrowingsAnnual report
「Financing activities during the fiscal year resulted in a net cash outflow of ¥893.417 million. The main source of cash was ¥3,208.322 million in proceeds from long-term borrowings, while the main uses of cash were a net decrease of ¥2,662.450 million in short-term borrowings and ¥1,070.821 million in repayments of long-term borrowings.」
Although long-term borrowings were executed, repayments of short-term and long-term borrowings progressed, resulting in a net cash outflow from financing activities. - FY2021-Q3Continued repayment of short-term borrowingsAnnual report
「During the nine-month period ended [the current third quarter], financing activities resulted in a cash outflow of ¥3,215.015 million, compared with a cash outflow of ¥1,130.705 million in the same period of the previous year. This was mainly due to repayments of short-term borrowings.」
Financing activities resulted in a cash outflow of ¥3,215.015 million, mainly due to repayments of short-term borrowings. - FY2021-Q2Continued repayment of borrowingsAnnual report
「Cash used in financing activities during the cumulative second-quarter period was ¥938.189 million, compared with cash used of ¥473.565 million in the previous cumulative second-quarter period. This was mainly due to repayments of long-term borrowings.」
Primarily due to repayments of long-term borrowings, financing activities resulted in a cash outflow of ¥938.189 million. Borrowing repayments continued to progress from the previous quarter. - FY2021-Q1Progress in repaying borrowingsAnnual report
「Cash used in financing activities during the cumulative first-quarter period was ¥841.439 million, compared with cash provided of ¥28.988 million in the previous cumulative first-quarter period. This was mainly due to repayments of short- and long-term borrowings.」
After advancing borrowings for growth and working capital, the Company used ¥841.439 million in financing activities during the quarter, mainly as a result of repayments of short- and long-term borrowings. - FY2020-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 22 April 2020, the Company resolved to borrow funds. In response to the impact of the spread of COVID-19 on its business, the borrowing was undertaken to maintain ample liquidity and stabilize operations. (1) Lender 株式会社三菱UFJ銀行 (2) Borrowing amount ¥2,000 million (3) Drawdown date 30 April 2020 (4) Repayment term 1 year (5) Collateral None」
To address the impact of COVID-19 on its business and maintain ample liquidity, the Company resolved to borrow ¥2,000 million from 株式会社三菱UFJ銀行. - FY2020-Q2Net decrease in borrowingsAnnual report
「Cash used in financing activities during the cumulative second-quarter period was ¥473.565 million, compared with cash provided of ¥2,048.947 million at the end of the previous cumulative second-quarter period. This was mainly due to the net change in long-term borrowings.」
While the Company received ¥350 million from long-term borrowings, repayments of long-term borrowings totaling ¥1,177.935 million and other items resulted in cash used in financing activities of ¥473.565 million. - FY2020-Q1AdvancedAnnual report
「Cash provided by financing activities during the cumulative first-quarter period was ¥28.988 million, compared with an outflow of ¥314.726 million in the previous cumulative first-quarter period. This was mainly due to a net increase of ¥330.679 million in short-term borrowings and proceeds of ¥300 million from long-term borrowings, offset by repayments of long-term borrowings of ¥409.081 million and lease liabilities of ¥100.112 million.」
To fund growth and working capital, the Company increased short-term borrowings by ¥330.679 million on a net basis and drew ¥300 million in long-term borrowings, while repaying ¥409.081 million of long-term borrowings. - FY2019AdvancedAnnual report
「Cash provided by financing activities for the consolidated fiscal year was ¥1,449.431 million. This was mainly attributable to ¥1,920 million in proceeds from long-term borrowings.」
The Company continued to raise funds for growth and working capital and drew ¥1,920 million in long-term borrowings. Interest-bearing debt at period-end was ¥9,703.586 million. - FY2019-Q3AdvancedAnnual report
「Total liabilities at the end of the third-quarter consolidated accounting period were ¥17,070.028 million, an increase of ¥7,726.763 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥5,195.425 million increase in borrowings.」
In connection with funding for growth and working capital, borrowings increased by ¥5,195.425 million from the end of the previous consolidated fiscal year, bringing total liabilities to ¥17,070.028 million. - FY2019-Q2AdvancedAnnual report
「Total liabilities at the end of the second-quarter consolidated accounting period were ¥14,298.934 million, an increase of ¥4,955.668 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥5,424.581 million increase in borrowings. Cash provided by financing activities during the cumulative second-quarter period was ¥2,048.947 million, compared with ¥2,113.653 million provided at the end of the previous second-quarter consolidated accounting period. This was mainly due to increases in the net change in short-term borrowings and proceeds from long-term borrowings.」
In connection with funding for growth and working capital, borrowings increased by ¥5,424.581 million from the end of the previous consolidated fiscal year, and financing through short- and long-term borrowings progressed. - FY2019-Q1Resolution of additional borrowing planAnnual report
「At a meeting of the Board of Directors held on 31 October 2018, the Company resolved to proceed with borrowing funds. The details were as follows: 1. Reason for borrowing: To address flexible funding needs for further growth and allocate funds to increasing working capital. 2. Details of borrowing: (1) Lenders: Multiple financial institutions (2) Borrowing amount: ¥2 billion (planned) (3) Interest rate: Base rate plus spread, or fixed rate (4) Borrowing agreement period: November–December 2018 (planned) (5) Drawdown date: Drawdowns from time to time (6) Term: 5 years (planned) (7) Collateral and guarantees: Unsecured and unguaranteed」
Separately from the previous borrowing plan, the Board of Directors resolved on an additional ¥2 billion borrowing plan to fund growth and working capital. The terms, including the agreement period, borrowing term, and unsecured and unguaranteed status, were also presented. - FY2018AdvancedAnnual report
「Cash provided by financing activities for the consolidated fiscal year was ¥2,727.864 million. This was mainly attributable to ¥2,900 million in proceeds from long-term borrowings.」
The Company disclosed that it had drawn ¥2,900 million in long-term borrowings to fund growth and working capital. - FY2018-Q3First statedAnnual report
「Reason To address flexible funding needs for further growth and allocate funds to increasing working capital Lenders Multiple financial institutions Borrowing amount ¥1,000 million (planned) Interest rate Base rate plus spread Contract dates May–July 2018 (planned) Drawdown date Drawdowns from time to time Term 2 to 5 years Collateral and guarantees Unsecured and unguaranteed」
The Board of Directors resolved to borrow ¥1,000 million from multiple financial institutions to address funding needs for further growth and increasing working capital.