Stabilizing Liquidity through Amendments to Borrowing Terms
First written in FY2019-Q3. 20 of 23 entries say "Advanced", first in FY2020-Q3. Latest entry: 2026-05-14.
0 other companies' latest entry also says "Advanced".
- 2026-05-14AdvancedFinancial results briefing materials
「Interest-bearing liabilities 8,822 8,302 △519 Contractual repayment of borrowings」
Interest-bearing liabilities were reduced through scheduled repayments of borrowings, reflecting continued financial and cash management focused on repaying existing debt. - FY2026-H1AdvancedAnnual report
「This was primarily due to cash-reducing factors including ¥350 million in repayments of long-term borrowings, ¥1,655 million in repayments of lease liabilities and ¥461 million in dividend payments.」
The Company repaid ¥350 million in long-term borrowings during the interim period, continuing funding and financial management focused on repaying existing borrowings. - FY2025AdvancedAnnual report
「The Borrower entered into a loan agreement with MUFG Bank, Ltd. for ¥2,000 million and drew the full ¥2,000 million.」
While continuing to repay existing borrowings, the Company entered into a ¥2 billion term loan agreement and drew the same amount. - FY2025-H1AdvancedAnnual report
「Cash-increasing factors including proceeds of ¥2,000 million from long-term borrowings」
During the current interim consolidated accounting period, the Company raised ¥2,000 million through long-term borrowings. In addition to the previous practice of making repayments following financing, the Company has managed its funding and interest rates by combining new borrowings with fixed interest rates. - FY2024AdvancedAnnual report
「The Company’s subsidiary キュービーネット株式会社 (the “Borrower”) had entered into a commitment line agreement totalling ¥3,000 million with MUFG Bank, Ltd., Mizuho Bank, Ltd. and Resona Bank, Limited, but terminated the agreement on 31 July 2024. On the same date, 31 July 2024, the Borrower entered into a ¥2,000 million loan agreement with MUFG Bank, Ltd.」
The existing commitment line was terminated and replaced with a new ¥2 billion loan maturing on 31 July 2029. The new funds are intended for investment in human resources, DX and store openings. - FY2024-Q3AdvancedAnnual report
「Cash used in financing activities was ¥3,295 million, compared with a decrease of ¥2,721 million in the same period of the previous year. This was primarily due to cash-reducing factors including ¥625 million in repayments of long-term borrowings, ¥2,159 million in repayments of lease liabilities and ¥400 million in repayments of short-term borrowings.」
The Company repaid ¥625 million in long-term borrowings and ¥400 million in short-term borrowings, continuing repayments following the financing. - FY2024-Q2AdvancedAnnual report
「Cash used in financing activities was ¥2,439 million, compared with a decrease of ¥1,820 million in the same period of the previous year. This was primarily due to cash-reducing factors including ¥400 million in repayments of short-term borrowings, ¥450 million in repayments of long-term borrowings and ¥1,434 million in repayments of lease liabilities.」
The Company repaid ¥400 million in short-term borrowings and ¥450 million in long-term borrowings during the cumulative second-quarter period, continuing repayments following the financing. - FY2024-Q1AdvancedAnnual report
「Repayments of long-term borrowings: ¥275 million」
The Company repaid ¥275 million in long-term borrowings during the first quarter, and borrowings included in non-current liabilities decreased by ¥273 million from the end of the previous fiscal year. - FY2023-Q3AdvancedAnnual report
「The lenders and terms of the existing agreements covering outstanding borrowings of ¥8,625 million as of 31 March 2023 were changed.」
An amendment agreement was entered into on 28 March 2023 covering outstanding borrowings of ¥8,625 million. The terms were changed to provide for scheduled repayments from the end of June 2023 through the end of December 2028, with the remaining balance and the bullet repayment portion due on 30 March 2029. A new commitment line totalling ¥3,000 million was also established. - FY2023-Q2AdvancedAnnual report
「Cash used in financing activities was ¥1,820 million, compared with a decrease of ¥1,581 million in the same period of the previous year. This was primarily due to cash-reducing factors including ¥350 million in repayments of long-term borrowings, ¥1,411 million in repayments of lease liabilities and ¥130 million in dividend payments.」
The Company repaid ¥350 million in long-term borrowings, continuing repayments following the financing. - FY2023-Q1AdvancedAnnual report
「Repayments of long-term borrowings: ¥175 million」
The Company repaid ¥175 million in long-term borrowings during the first quarter, continuing repayments following the financing. - FY2022AdvancedAnnual report
「The Group’s total lending capacity, combining its ¥1,000 million overdraft facility and commitment line, is ¥4,200 million. The amount drawn under these facilities at the end of the current consolidated fiscal year was ¥1,000 million.」
While maintaining lending capacity of ¥4,200 million, the amount drawn declined from ¥3,000 million at the end of the previous fiscal year to ¥1,000 million. Repayments of borrowings also continued, reducing outstanding balances following the financing. - FY2022-Q3AdvancedAnnual report
「Cash used in financing activities was ¥3,443 million, compared with a decrease of ¥3,464 million in the same period of the previous year. This was primarily due to cash-reducing factors including a net decrease of ¥1,000 million in short-term borrowings and ¥2,011 million in repayments of lease liabilities.」
Repayments following the financing continued during the cumulative third-quarter period, including a net decrease of ¥1,000 million in short-term borrowings and ¥2,011 million in repayments of lease liabilities. - FY2022-Q2AdvancedAnnual report
「Cash used in financing activities was ¥1,581 million, compared with a decrease of ¥3,093 million in the same period of the previous year. This was primarily due to cash-reducing factors including ¥350 million in repayments of long-term borrowings and ¥1,295 million in repayments of lease liabilities.」
The Company repaid ¥350 million in long-term borrowings during the cumulative second-quarter period, continuing repayments following the financing undertaken to strengthen the financial base. - FY2022-Q1AdvancedAnnual report
「This was primarily due to cash-reducing factors including ¥175 million in repayments of long-term borrowings and ¥656 million in repayments of lease liabilities.」
The Company repaid ¥175 million in long-term borrowings during the first quarter, continuing repayments of funds raised in the previous fiscal year. - FY2021Credit Facility Renewed at a Reduced SizeAnnual report
「The Group’s ¥6,000 million commitment line agreement entered into during the previous consolidated fiscal year reached its contractual expiration during the current consolidated fiscal year. The Group renewed the agreement for 1 year after changing the borrowing limit to ¥3,200 million. Including the existing ¥1,000 million overdraft facility, total lending capacity is ¥4,200 million. The amount drawn under these facilities at the end of the current consolidated fiscal year was ¥3,000 million.」
The ¥6,000 million commitment line from the previous fiscal year was changed to ¥3,200 million and renewed for 1 year. Total lending capacity, including the overdraft facility, was ¥4,200 million, with ¥3,000 million drawn. - FY2021-Q3AdvancedAnnual report
「Funds used in financing activities totaled ¥3,464 million, compared with ¥2,518 million in the same period of the previous year. This was mainly due to cash outflows including a net decrease of ¥1,000 million in short-term borrowings and ¥2,017 million in repayments of lease liabilities.」
Repayments following the financing continued during the cumulative third-quarter period, including a net decrease of ¥1,000 million in short-term borrowings and repayments of ¥525 million in long-term borrowings. - FY2021-Q2AdvancedAnnual report
「Cash used in financing activities was ¥3,093 million, compared with a decrease of ¥1,706 million in the same period of the previous year. This was primarily due to cash-reducing factors including a net decrease of ¥1,500 million in short-term borrowings and ¥1,313 million in repayments of lease liabilities.」
The balance of borrowings declined due to a net decrease of ¥1,500 million in short-term borrowings and repayments of ¥350 million in long-term borrowings, among other factors. Repayments following the financing undertaken to strengthen the financial base are progressing specifically. - FY2021-Q1AdvancedAnnual report
「Cash provided by financing activities was ¥203 million, compared with a decrease of ¥703 million in the same period of the previous year. This was primarily due to cash-increasing factors such as a net increase of ¥1,000 million in short-term borrowings, offset by cash-reducing factors including ¥175 million in repayments of long-term borrowings and ¥660 million in repayments of lease liabilities.」
A net increase of ¥1,000 million in short-term borrowings during the first quarter caused cash from financing activities to turn from a decrease in the same period of the previous year into an increase of ¥203 million. - FY2020AdvancedAnnual report
「In April 2020, to further strengthen its financial base, the Group raised ¥4,000 million through commitment line and overdraft agreements. In June 2020, it increased the lending limit under the commitment line agreements by ¥3,000 million to secure additional funds in preparation for a resurgence of infections.」
During the spread of COVID-19, the Company raised ¥4 billion in April 2020 and increased the lending limit under its commitment line by ¥3 billion in June in preparation for a resurgence of infections. - FY2020-Q3AdvancedAnnual report
「Amid major changes in the social environment, the Company’s objective is to secure flexible and stable means of financing while further strengthening its financial base.」
Following the spread of COVID-19, the Company entered into commitment line agreements totalling ¥3 billion with 3 banks to secure financing and strengthen its financial base, and drew ¥1 billion from each facility on 28 and 30 April 2020. The agreements had a 1-year term. - FY2019RestatedAnnual report
「To stabilize cash management, the Group entered into an amendment agreement dated 26 March 2019. The existing Term Loan A borrowing balance of ¥1,925 million and Term Loan B borrowing balance of ¥9,500 million, totaling ¥11,425 million as of 29 March 2019, were consolidated and their terms amended.」
The previously disclosed consolidation and amendment of the loan agreements was also confirmed in the securities report’s material contracts and notes, which state that repayments would be made in instalments through the end of December 2023, with ¥8,100 million to be repaid on 29 March 2024. - FY2019-Q3First statedAnnual report
「To stabilize cash management, the Group entered into an amendment agreement dated 26 March 2019. The existing Term Loan A borrowing balance of ¥1,925 million and Term Loan B borrowing balance of ¥9,500 million, totaling ¥11,425 million as of 29 March 2019, were consolidated and their terms amended.」
A new financial measure involving the consolidation and amendment of loan agreements covering total borrowings of ¥11,425 million. Repayment terms were changed to allow instalment repayments through the end of December 2023, with ¥8,100 million to be repaid on 29 March 2024. Financial covenants concerning the debt service coverage ratio and consecutive losses from operating activities for 2 fiscal years were also removed.