Securing Working Capital Funding Capacity Through a Commitment Line
First written in FY2020. 3 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「To obtain working-capital funding efficiently and on a stable basis, the Group has entered into a commitment line agreement totaling ¥500 million with its principal lending financial institution. The drawn balance under the agreement at the end of the consolidated fiscal year was ¥100 million.」
For the ¥500 million commitment line, the Company disclosed a drawn balance of ¥100 million and an available balance of ¥400 million. Including the overdraft facility, the total amounted to ¥550 million. - FY2024AdvancedAnnual report
「Total commitment line ¥500 million Drawn balance ¥150 million Available balance ¥350 million」
A commitment line totaling ¥500 million was established as working-capital funding capacity. ¥150 million was drawn, leaving ¥350 million available for drawdown. - FY2021AdvancedAnnual report
「In addition to securing flexible and stable funding sources, we have entered into a ¥500 million commitment line agreement and a ¥50 million overdraft agreement with our principal lending financial institution to further strengthen our financial base. There was no outstanding balance drawn under these agreements at the end of the consolidated fiscal year. Together with cash and cash equivalents of ¥873.643 million at the end of the consolidated fiscal year, we believe that we have secured sufficient liquidity on hand.」
In addition to the existing ¥500 million commitment line, an overdraft agreement of ¥50 million was entered into. The Company disclosed a zero drawn balance at period-end and cash of ¥873.643 million. - FY2020First statedAnnual report
「To obtain working-capital funding efficiently and on a stable basis, we have entered into a commitment line agreement with our principal lending financial institution. The undrawn balance at the end of the fiscal year under the agreement was as follows. Total commitment line: ¥500 million Drawn balance: ¥50 million Available balance: ¥450 million」
A commitment line totaling ¥500 million was established to provide efficient and stable working-capital funding. ¥50 million had been drawn at the end of the period, leaving ¥450 million available for drawdown.