Internal funds as the principle, with major investments financed through bank borrowings
First written in FY2020. 7 of 12 entries say "Advanced", first in FY2025-H1. Latest entry: FY2027-H1.
11 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Borrowing limit: ¥675 million (amount already drawn: ¥493 million)」
The Company drew on borrowings from financial institutions to fund the acquisition of grid-scale battery storage facilities, disclosing a borrowing limit of ¥675 million and an amount already drawn of ¥493 million. Its policy of generally using internal funds while financing large investments through borrowings is progressing into specific funding arrangements. - 2026-08-31AdvancedM&A and Subsidiary Changes
「Funding plan: financed through borrowings from financial institutions」
The Company presented a plan to finance the funds required for a major fixed-asset acquisition through borrowings from financial institutions, providing a concrete example of its policy of using internal funds as a general rule and bank borrowing for large investments. - FY2026AdvancedAnnual report
「Borrowing commitment limit: ¥1 billion」
In line with its policy of relying primarily on internal funds and financing investment funds and other expenditures through bank borrowings, it entered into a new commitment line agreement on 27 March 2026 with a borrowing commitment limit of ¥1 billion. - FY2025-H1AdvancedAnnual report
「(1) Lender: Bank of Yokohama, Ltd. (2) Borrowing amount: ¥100 million (3) Interest rate: Base rate + spread (4) Drawdown date: 30 September 2024 (5) Loan term: 3 years (6) Collateral and guarantees: Unsecured and unguaranteed (7) Repayment method: Equal principal repayments」
In line with its policy of financing major investments and other expenditures mainly through borrowings from financial institutions, it drew down a ¥100 million loan from Bank of Yokohama with a 3-year term. - FY2024RaisedAnnual report
「Future funding is to be obtained mainly through borrowings from banks and other financial institutions. Over the next 5 years, the company plans to raise funds with a target Net Debt/EBITDA ratio of 1.0x and a debt-to-equity ratio of 0.5x.」
It has added funding targets of Net Debt/EBITDA of 1.0x and a debt-to-equity ratio of 0.5x over the next 5 years to its existing policy of relying primarily on internal funds and financing major investments through borrowings. - FY2022RestatedAnnual report
「As a general rule, necessary funds are to be covered largely by internal funds, while investments and other expenditures requiring substantial additional funding are to be financed mainly through borrowings from banks and other financial institutions. Long-term funding, including long-term borrowings, will be determined as appropriate, taking into account funding needs based on the business plan and other factors, including the amount and method of financing.」
It continues its financing policy of relying primarily on internal funds, with major investments financed through bank borrowings and other sources. - FY2021RestatedAnnual report
「As a general principle, we intend to fund necessary amounts primarily with internal funds, while financing investments and other expenditures requiring substantial funds mainly through borrowings from banks and other financial institutions.」
It continues its financing policy of relying primarily on internal funds, with major investments financed through bank borrowings and other sources. Short-term borrowings of ¥200 million were recorded during the current fiscal year. - FY2020First statedAnnual report
「As a general principle, we intend to fund necessary amounts primarily with internal funds, while financing investments and other expenditures requiring substantial funds mainly through borrowings from banks and other financial institutions.」
The company first disclosed a financial policy of funding working capital and investments primarily with internal funds and financing large investments through bank and other borrowings.