Policy of maintaining financial soundness and liquidity based primarily on internal funds
First written in FY2018. 2 of 23 entries say "Softened", first in FY2020-Q2. Latest entry: 2026-11-13.
Trenders moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).
0 other companies' latest entry also says "Worsened".
- 2026-11-13WorsenedResults
「当中間連結会計期間末における現金及び現金同等物（以下「資金」という。）は、1,278,534千円となりました。」
現金及び現金同等物は前期末の4,777,491千円から1,278,534千円へ減少した。 - FY2026Increase in borrowings and on-hand liquidityAnnual report
「Cash and cash equivalents stood at ¥4,777.491 million and borrowings at ¥6,023.889 million at the end of the consolidated fiscal year.」
Against the backdrop of M&A activity, cash and cash equivalents increased from ¥2,376.969 million at the end of the previous fiscal year to ¥4,777.491 million, while borrowings increased from ¥2,218.706 million to ¥6,023.889 million. The company reaffirmed its policy of using borrowings while relying primarily on cash on hand and free cash flow. - FY2026-H1Interim-period liquidity and borrowings updateAnnual report
「Cash and deposits 2,376,969 2,122,413 Short-term borrowings 1,314,220 1,900,000」
Cash and deposits decreased from ¥2,376.969 million at the end of the previous consolidated fiscal year to ¥2,122.413 million, while short-term borrowings increased from ¥1,314.22 million to ¥1,900 million. - FY2025Year-end liquidity and borrowings updateAnnual report
「At the end of the consolidated fiscal year, cash and cash equivalents amounted to ¥2,376.969 million and borrowings amounted to ¥2,218.706 million. In addition to cash and cash equivalents, the company holds ¥2,400 million of corporate bonds held as operating investment securities that mature within six months, and believes that there is no issue with liquidity on hand for the foreseeable future.」
Cash and cash equivalents decreased from ¥3,209.25 million at the end of the previous fiscal year to ¥2,376.969 million, while borrowings increased from ¥1,509.25 million to ¥2,218.706 million. - FY2025-H1Interim-period liquidity and borrowings updateAnnual report
「Cash and deposits 3,209,250 2,794,620 Short-term borrowings 1,501,500 1,501,500」
Cash and deposits decreased from ¥3,209.25 million at the end of the previous consolidated fiscal year to ¥2,794.62 million. Short-term borrowings stood at ¥1,501.5 million, unchanged from the end of the previous fiscal year. - FY2024Year-end liquidity and borrowings updateAnnual report
「Cash and cash equivalents stood at ¥3,209.250 million and interest-bearing debt, comprising short-term and long-term borrowings, stood at ¥1,509.250 million at the end of the consolidated fiscal year. In addition to cash and cash equivalents, the company held ¥1,300 million in corporate bonds classified as operating investment securities and redeemable within six months, and believes there is no issue with liquidity on hand for the foreseeable future.」
Cash and cash equivalents increased from ¥1,513.712 million at the end of the previous fiscal year to ¥3,209.250 million, while interest-bearing debt increased from ¥800 million to ¥1,509.250 million. Corporate bonds redeemable within six months totaled ¥1,300 million. - FY2024-Q3ReframedAnnual report
「Disposing of treasury shares through a third-party allotment contributes more to financial soundness than debt financing methods such as bank borrowings, ordinary bonds and bonds with share acquisition rights. Debt financing also cannot establish a capital relationship with a capital and business alliance partner and would not contribute to building a more stable relationship with istyle.」
The company selected the disposal of treasury shares, citing financial soundness and the establishment of a capital relationship with its capital and business alliance partner, rather than its traditional funding policy based primarily on internal funds and borrowings. - FY2024-Q2Quarter-end liquidity and borrowings updateAnnual report
「Cash and deposits 1,513,712 1,262,929 Short-term borrowings 800,000 1,000,000」
Cash and deposits decreased from ¥1,513.712 million at the end of the previous fiscal year to ¥1,262.929 million, while short-term borrowings increased from ¥800 million to ¥1,000 million. - FY2024-Q1Quarter-end liquidity and borrowings updateAnnual report
「Cash and deposits 1,513,712 1,018,098 Short-term borrowings 800,000 900,000」
Cash and deposits decreased from ¥1,513.712 million at the end of the previous fiscal year to ¥1,018.098 million, while short-term borrowings increased from ¥800 million to ¥900 million. - FY2023Year-end liquidity and borrowings updateAnnual report
「Cash and cash equivalents stood at ¥1,513.712 million and interest-bearing debt at ¥800 million at the end of the consolidated fiscal year. In addition to cash and cash equivalents, the company held ¥1,900 million in corporate bonds classified as operating investment securities and redeemable within six months, and believes there is no issue with liquidity on hand for the foreseeable future.」
Cash and cash equivalents decreased from ¥1,607.873 million at the end of the previous fiscal year to ¥1,513.712 million, while interest-bearing debt increased from ¥700 million to ¥800 million. Meanwhile, corporate bonds redeemable within six months totaled ¥1,900 million. - FY2023-Q3Quarter-end on-hand liquidity updateAnnual report
「Cash and deposits 1,607,873 1,665,587 Notes and accounts receivable 1,004,816 1,106,607 Operating investment securities 1,762,094 2,056,114 Short-term borrowings 700,000 800,000」
At the end of the third quarter, cash and deposits stood at ¥1,665.587 million and short-term borrowings at ¥800 million. Operating investment securities increased to ¥2,056.114 million. - FY2023-Q2Quarter-end liquidity and short-term borrowings updateAnnual report
「Short-term borrowings 700,000 800,000」
The balance of short-term borrowings increased from ¥700 million at the end of the previous consolidated fiscal year to ¥800 million. Meanwhile, cash and cash equivalents stood at ¥1,646.298 million. - FY2023-Q1Quarter-end on-hand liquidity updateAnnual report
「Cash and deposits 1,607,873 1,982,438 Short-term borrowings 700,000 700,000」
Cash and deposits increased from ¥1,607.873 million at the end of the previous fiscal year to ¥1,982.438 million, while short-term borrowings remained unchanged at ¥700 million. - FY2022Year-end on-hand liquidity updateAnnual report
「At the end of the consolidated fiscal year, cash and cash equivalents stood at ¥1,607,873 thousand and interest-bearing liabilities stood at ¥700,000 thousand. In addition to cash and cash equivalents, the company held ¥1,400,000 thousand in corporate bonds as securities for operating investments, scheduled for redemption within six months, and believes there is no liquidity issue for the foreseeable future.」
Cash and cash equivalents increased from ¥1,408.919 million at the end of the previous fiscal year to ¥1,607.873 million, while interest-bearing liabilities remained unchanged at ¥700 million. The company also cited ¥1.4 billion in corporate bonds scheduled for redemption within six months as liquidity. - FY2022-Q3Increase in On-Hand LiquidityAnnual report
「Cash and deposits 1,408,919 1,750,152」
Cash and deposits increased from ¥1,408,919 thousand at the end of March 2021 to ¥1,750,152 thousand at the end of December 2021. Short-term borrowings stood at ¥700,000 thousand, unchanged. - FY2022-Q2Increase in On-Hand LiquidityAnnual report
「Cash and cash equivalents (hereinafter, "funds") stood at ¥1,540,084 thousand at the end of the second quarter of the current consolidated fiscal year.」
Cash and cash equivalents increased from ¥1,408,919 thousand at the end of March 2021 to ¥1,540,084 thousand. Short-term borrowings stood at ¥700,000 thousand, unchanged from the end of the previous consolidated fiscal year. - FY2021Increase in short-term borrowingsAnnual report
「At the end of the consolidated fiscal year, cash and cash equivalents stood at ¥1,408,919 thousand and interest-bearing liabilities stood at ¥700,000 thousand. In addition to cash and cash equivalents, the company held ¥1,200,000 thousand in corporate bonds as securities for operating investments, scheduled for redemption within six months, and believes there is no liquidity issue for the foreseeable future.」
While relying primarily on cash on hand and free cash flow, short-term borrowings increased from ¥600 million at the end of the previous fiscal year to ¥700 million. The company also cites cash and cash equivalents of ¥1,408.919 million and ¥1.2 billion in short-term corporate bonds as liquidity. - FY2020ReframedAnnual report
「The company principally funds the working capital it requires with cash on hand and free cash flow generated by the business, but it also raises funds through borrowings from financial institutions in preparation for additional funding needs for M&A and investment in growth areas.」
The company has maintained a policy based primarily on internal funds and free cash flow, while clarifying a financing policy that includes bank borrowings in preparation for M&A and investment in growth areas. - FY2020-Q3SoftenedAnnual report
「Short-term borrowings － 600,000」
Although the company had stated a policy of primarily using internal funds for working capital, short-term borrowings stood at ¥600 million at the end of the quarter, indicating greater reliance on borrowings than in the previous disclosure. - FY2020-Q2SoftenedAnnual report
「① Purpose of funds Securing temporary working capital ② Lenders Sumitomo Mitsui Banking Corporation and Resona Bank ③ Amount borrowed ¥300,000 thousand (¥150,000 thousand each) ④ Interest rate Floating rate (Sumitomo Mitsui Banking Corporation); base rate plus spread (Resona Bank) ⑤ Borrowing date 30 October 2019 ⑥ Repayment date 10 December 2019」
Although the company had stated a policy of primarily using internal funds for working capital, it secured ¥300 million in temporary working capital through bank borrowings as a material subsequent event. - FY2018First statedAnnual report
「The company's basic policy is to always secure the liquidity necessary for business operations and maintain a high level of financial soundness. It principally funds the working capital it requires with internal funds.」
The company explicitly states its policy of securing the necessary liquidity and maintaining financial soundness, while primarily funding working capital with internal funds.