Impact of Changes in Financial Conditions on Funding
First written in FY2016. 3 of 10 entries say "Restated". Latest entry: FY2026.
Toyo Denki Seizo K.K.(Toyo Electric Mfg.Co.,Ltd.) moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 12 of 50 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company also manages cash flows daily and seeks to secure the necessary on-hand liquidity.」
The company continues to use borrowing, overdrafts and CPS for funding, and has moved cash management from a monthly to a daily basis. Cash and cash equivalents amounted to ¥4,172 million. - 2026-04-13WorsenedEarnings
「This was due to a decrease of ¥767 million in cash and deposits, despite increases of ¥3,424 million in investment securities and ¥2,925 million in notes and accounts receivable and contract assets.」
Cash and deposits declined while receivables and other assets increased. Short-term borrowings also increased by ¥4,310 million, indicating greater reliance on financing. - FY2026-H1WorsenedAnnual report
「Cash and cash equivalents decreased by ¥698 million from the end of the previous consolidated fiscal year to ¥4,042 million. This was due to a ¥2,400 million increase in short-term borrowings.」
Cash and cash equivalents decreased by ¥698 million, while short-term borrowings increased by ¥2,400 million, indicating continued reliance on funding. - FY2025Syndicated loan agreement and financial covenantsAnnual report
「(3) Borrowing amount: ¥3,000 million (4) Repayment date: 19 March 2032 (6) Financial covenants:」
In March 2025, the company entered into a ¥3,000 million syndicated loan agreement containing financial covenants requiring the maintenance of net assets and avoidance of ordinary losses for 2 consecutive fiscal years. - FY2025-H1WorsenedAnnual report
「Cash and cash equivalents decreased by ¥2,182 million from the end of the previous consolidated fiscal year to ¥4,240 million.」
Cash flows from operating activities resulted in an outflow of ¥3,429 million due to an increase in trade receivables and other factors, reducing cash and cash equivalents. Short-term borrowings increased by ¥2,300 million, indicating greater reliance on funding. - FY2024MitigatedAnnual report
「The company also seeks to maintain an appropriate level of on-hand liquidity through monthly cash management.」
In response to interest rate and liquidity risks, the company identifies optimizing funding methods, reducing working capital and monthly cash management as countermeasures. Cash and cash equivalents amounted to ¥6,423 million. - FY2023ReframedAnnual report
「As the group is actively expanding its business in overseas markets, it faces foreign exchange risk if transactions denominated in foreign currencies increase. In addition, because it procures funds for business activities through borrowings from financial institutions and other means, it faces the risk of increased interest expense if interest rates rise, as well as the risk that funding may become more difficult than anticipated due to instability in financial markets or a decline in the group's creditworthiness.」
The funding risk arising from changes in financial conditions is organized as a financial and accounting risk encompassing foreign exchange risk, rising interest rates, financial market instability and liquidity risk arising from a decline in creditworthiness. - FY2019RestatedAnnual report
「Unexpected changes in financial conditions may affect the company's funding.」
The risk of changes in financial conditions affecting funding is disclosed again. - FY2018RestatedAnnual report
「Unexpected changes in financial conditions may affect the company's funding.」
The risk of changes in financial conditions affecting funding is disclosed again. - FY2016First statedAnnual report
「Unexpected changes in financial conditions may affect the company's funding.」
The disclosure states that unexpected changes in financial conditions may affect funding.