Maintaining Liquidity and Optimizing Capital Efficiency
First written in FY2016. 18 of 26 entries say "Restated". Latest entry: 2026-06-09.
The whole theme swung hardest in 2024: 3 of 34 companies on the "Worse" side.
11 other companies' latest entry also says "Advanced".
- 2026-06-09AdvancedEarnings presentation
「Use leverage in accordance with financial discipline」
In addition to allocation policies for growth investment, shareholder returns and debt repayment, specified financial discipline of a 0.5x D/E ratio and a Net Debt/EBITDA ratio of 1–2x. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its financial policies concerning liquidity, funding, cash management and financing. - FY2024AdvancedAnnual report
「In December 2023, the company issued unsecured straight bonds totaling ¥90 billion to refinance short-term funding used to redeem the unsecured 18th series of straight bonds and for other purposes.」
Under its policy of maintaining liquidity and securing financing flexibly, the company issued straight bonds totaling ¥90 billion. The undrawn commitment lines attributable to the company totaled ¥505 billion. - FY2024-Q3RestatedAnnual report
「During the nine months ended 31 December of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its financial policies concerning liquidity, funding, cash management and financing. - FY2024-Q2RestatedAnnual report
「During the six months ended 30 September of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its financial policies concerning liquidity, funding, cash management and financing. - FY2023Updated commitment line balancesAnnual report
「As of 31 March 2023, the total undrawn amount under commitment line agreements of the company and its subsidiaries was ¥513 billion, of which ¥505 billion was attributable to the company.」
The company continued its policy of maintaining liquidity and updated the undrawn commitment lines to ¥513 billion in total, including ¥505 billion attributable to the company. - FY2023-Q1RestatedAnnual report
「During the three months ended 30 June of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2022AdvancedAnnual report
「As of 31 March 2022, the total undrawn amount under commitment line agreements of the company and its subsidiaries was ¥631.9 billion, of which ¥536.7 billion was attributable to the company.」
The company continued its policy of maintaining liquidity and securing financing flexibly, and updated the undrawn commitment lines to ¥631.9 billion in total, including ¥536.7 billion attributable to the company. - FY2022-Q3RestatedAnnual report
「During the nine months ended 31 December of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its financial policies concerning liquidity, funding, cash management and financing. - FY2022-Q1AdvancedAnnual report
「In July 2021, the company issued commercial paper totaling ¥100 billion, primarily to fund the growth investments required to strengthen and expand its Social Innovation Business globally. It also borrowed a total of ¥500 billion from multiple financial institutions in July 2021.」
The company raised ¥100 billion through commercial paper and ¥500 billion through borrowings from financial institutions to secure funds required for growth investments. - FY2021RestatedAnnual report
「As of 31 March 2021, the total undrawn amount under commitment line agreements of the company and its subsidiaries was ¥600.1 billion, of which ¥500 billion was attributable to the company.」
The company continued its policy of maintaining liquidity and securing funding flexibly, and disclosed total undrawn commitment lines of ¥600.1 billion, including ¥500 billion attributable to the company. - FY2021-Q1RestatedAnnual report
「During the three months ended 30 June of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its financial policies concerning liquidity, funding, cash management and financing. - FY2020AdvancedAnnual report
「To enable flexible financing, the company has registered a shelf offering for bonds with an upper limit of ¥300 billion and issued unsecured straight bonds totaling ¥200 billion in March 2020, with the proceeds allocated to investment and financing activities.」
In March 2020, the company issued unsecured straight bonds totaling ¥200 billion to secure funds for growth investments and other investments and financing activities. - FY2020-Q3AdvancedAnnual report
「To secure the funds required for its future growth strategy, the company decided on 31 January 2020 to issue unsecured straight bonds. The total issue amount is capped at ¥200 billion, with issuance planned from February 2020 onward through a public offering in Japan, and the proceeds are to be allocated to investment and financing activities.」
The company decided to issue domestic public offering straight bonds with a total issue amount of up to ¥200 billion to secure funds for the investments and financing required for its growth strategy. - FY2020-Q2RestatedAnnual report
「During the six months ended 30 September of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company has reconfirmed that there are no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2020-Q1RestatedAnnual report
「During the three months ended 30 June of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company has reconfirmed that there are no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2019RestatedAnnual report
「The company's key financial policy is to maintain an appropriate level of liquidity and secure funding flexibly and efficiently for its current and future business activities.」
The company has reconfirmed its financial policy of maintaining liquidity, improving the efficiency of cash management, and raising funds flexibly from the capital markets and financial institutions. - FY2019-Q3RestatedAnnual report
「During the nine months ended 31 December of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company has reconfirmed that there are no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2019-Q2RestatedAnnual report
「During the six months ended 30 September of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company has reconfirmed that there are no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2019-Q1RestatedAnnual report
「During the three months ended 30 June of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2018-Q3RestatedAnnual report
「During the nine months ended 31 December of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2018-Q2RestatedAnnual report
「During the six months ended 30 September of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company reconfirmed that there were no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2018-Q1RestatedAnnual report
「During the three months ended 30 June of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company has reconfirmed that there are no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2017RestatedAnnual report
「The company manages its capital based on the key policy of maintaining appropriate levels of assets, liabilities and capital for its current and future business activities, while also optimizing capital efficiency in its business operations.」
The company has reconfirmed its policy of managing liquidity, levels of assets, liabilities and capital, and capital efficiency. - FY2017-Q3RestatedAnnual report
「During the nine months ended 31 December of the current fiscal year, there were no material changes in the policies for maintaining liquidity and securing funding, initiatives to improve the efficiency of cash management, or the company's views on sources of funds and financing.」
The company has reconfirmed that there are no material changes in its policies concerning liquidity, funding, cash management and financing. - FY2016First statedAnnual report
「The company's key financial policy is to maintain an appropriate level of liquidity and secure funding flexibly and efficiently for its current and future business activities.」
The policy is to maintain funding flexibility by combining operating cash flow, cash, capital market financing and commitment lines.