Funding growth investment and seasonal needs through borrowings and overdrafts
First written in FY2021. 18 of 24 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-10-14.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Borrowings outstanding at the end of the consolidated fiscal year amounted to ¥7,771.250 million. The Company did not enter into any new long-term borrowings during the consolidated fiscal year, while short-term borrowings increased as a result of drawings under overdraft facilities. To respond flexibly to funding needs arising from seasonal fluctuations, the Company has entered into overdraft agreements with 5 financial institutions. The total overdraft limit is ¥14,250.000 million, comprising ¥12,000.000 million for large-order-related overdrafts and ¥2,250.000 million for ordinary overdrafts.」
Borrowings outstanding increased from ¥525.682 million in the previous fiscal year to ¥7,771.250 million, and overdraft facilities totaling ¥14,250.000 million were established, including facilities for large orders. The funding structure for working capital needs arising from surging memory prices and longer procurement lead times is taking concrete shape. - FY2026-H1Increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Cash flow from financing activities during the interim consolidated accounting period amounted to an outflow of ¥411.537 million, primarily due to ¥532.056 million spent on the acquisition of treasury shares.」
In addition to the acquisition of treasury shares, short-term borrowings increased by ¥350.000 million and long-term borrowings decreased by ¥62.500 million, resulting in a change in the composition of borrowings. - FY2025Reduction in borrowings outstandingAnnual report
「Borrowings outstanding at the end of the consolidated fiscal year under review amounted to ¥525.682 million. No new long-term borrowings were drawn down during the consolidated fiscal year under review, and borrowings outstanding decreased as repayments progressed.」
Borrowings outstanding decreased from ¥1,257.910 million in the previous fiscal year to ¥525.682 million. Repayments progressed without new long-term borrowings, while the overdraft limit was maintained at ¥1,250.000 million. - FY2025-H1AdvancedAnnual report
「Cash flows from financing activities during the interim consolidated accounting period under review resulted in an outflow of ¥507.463 million, mainly due to outflows of ¥400.836 million for the repayment of short-term and long-term borrowings and ¥199.995 million for the acquisition of treasury shares.」
Repayment of ¥400.836 million in short-term and long-term borrowings was completed, advancing the reduction of borrowings. - FY2024Repayment of borrowings and termination of the commitment lineAnnual report
「Borrowings outstanding at the end of the consolidated fiscal year under review amounted to ¥1,257.910 million. To strengthen our financial base and prepare for future interest rate increases, we drew down ¥300.000 million in long-term borrowings. The ¥3,000.000 million commitment line agreement with Mizuho Bank, Ltd. was terminated after funds from a large project were successfully collected.」
Borrowings outstanding decreased from ¥4,514.446 million in the previous fiscal year to ¥1,257.910 million. While ¥300.000 million in long-term borrowings was drawn down, the ¥3,000.000 million commitment line for a large project was terminated after funds were collected. - FY2024-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter of the consolidated fiscal year under review amounted to ¥2,234.496 million. The main components were short-term borrowings of ¥750.000 million, notes and accounts payable of ¥349.995 million, and the current portion of long-term borrowings of ¥407.228 million. Non-current liabilities amounted to ¥601.100 million, consisting of long-term borrowings of ¥601.100 million.」
Short-term borrowings, the current portion of long-term borrowings, and long-term borrowings totaled ¥1,758.328 million at the end of the third quarter, down from borrowings outstanding of ¥4,514.446 million at the end of the previous fiscal year. Progress in repaying borrowings can be confirmed from the figures. - FY2024-Q2Progress in repayments of borrowingsAnnual report
「Cash flows from financing activities during the cumulative second quarter of the consolidated fiscal year under review resulted in an outflow of ¥3,081.137 million, mainly due to outflows of ¥3,374.450 million for the repayment of short-term and long-term borrowings.」
Repayment of short-term and long-term borrowings resulted in an outflow of ¥3,081.137 million from financing activities during the cumulative second quarter under review. - FY2023AdvancedAnnual report
「Borrowings outstanding at the end of the fiscal year under review amounted to ¥4,514.446 million. In addition to drawing down ¥700.000 million in long-term borrowings to strengthen our financial base, we entered into a ¥3,000.000 million commitment line agreement with Mizuho Bank, Ltd. to secure working capital for large projects. The amount drawn under the commitment line at the end of the fiscal year under review was ¥3,000.000 million.」
To address large projects and secure working capital, the company raised funds resulting in borrowings outstanding of ¥4,514.446 million, long-term borrowings of ¥700.000 million, and a ¥3,000.000 million commitment line. - FY2023-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter under review amounted to ¥5,649.540 million, an increase of ¥3,586.029 million from the end of the previous fiscal year. This was mainly because short-term borrowings increased by ¥2,932.000 million, trade payables by ¥324.042 million, advances received by ¥177.549 million, and the current portion of long-term borrowings by ¥94.638 million. Non-current liabilities amounted to ¥708.328 million, an increase of ¥421.658 million from the end of the previous fiscal year, due to the increase in long-term borrowings.」
By the end of the third quarter, short-term borrowings had increased by ¥2,932.000 million and long-term borrowings by ¥421.658 million, further advancing the procurement of growth funding and working capital through borrowings. - FY2023-Q2AdvancedAnnual report
「Cash flows from financing activities during the cumulative second quarter under review resulted in an inflow of ¥3,057.674 million, despite outflows of ¥702.501 million for the repayment of short-term and long-term borrowings and ¥105.177 million for dividend payments, among other items, due mainly to proceeds of ¥3,857.000 million from short-term and long-term borrowings.」
Against a backdrop of operating cash flow outflows caused by the increase in inventories, the company raised ¥3,857.000 million through short-term and long-term borrowings. Funding of growth capital and working capital through borrowings advanced further. - FY2022AdvancedAnnual report
「Borrowings outstanding at the end of the fiscal year under review amounted to ¥1,663.151 million. In addition to drawing down ¥300.000 million in long-term borrowings to strengthen our financial base, we entered into a ¥4,000.000 million commitment line agreement with Mizuho Bank, Ltd. to secure working capital for large projects. The amount drawn under the commitment line at the end of the fiscal year under review was ¥625.000 million. To respond flexibly to funding needs arising from seasonal fluctuations, we entered into overdraft agreements with 5 partner financial institutions. The total overdraft limit was ¥1,150.000 million, and the amount drawn under these agreements during the fiscal year under review was ¥550.000 million.」
Borrowings outstanding reached ¥1,663.151 million. A ¥4,000.000 million commitment line was established for large projects, of which ¥625.000 million was drawn. The overdraft limit was also increased to ¥1,150.000 million, of which ¥550.000 million was drawn. - FY2022-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter under review amounted to ¥2,491.061 million, an increase of ¥1,204.845 million from the end of the previous fiscal year. This was mainly because short-term borrowings increased by ¥1,130.000 million, trade payables by ¥93.229 million, and the current portion of long-term borrowings by ¥65.486 million, although accrued corporate taxes and other liabilities decreased by ¥87.480 million.」
By the end of the third quarter, short-term borrowings had increased by ¥1,130.000 million and the current portion of long-term borrowings by ¥65.486 million, indicating that additional funding through borrowings had been implemented. - FY2022-Q2AdvancedAnnual report
「Cash flows from financing activities during the cumulative second quarter under review resulted in an inflow of ¥1,335.547 million, mainly due to proceeds of ¥1,450.000 million from short-term and long-term borrowings.」
The company raised ¥1,450.000 million through short-term and long-term borrowings, advancing the procurement of growth funding and working capital through borrowings. - FY2022-Q1AdvancedAnnual report
「This was mainly because short-term borrowings increased by ¥500.000 million, trade payables by ¥97.143 million, and the current portion of long-term borrowings by ¥84.980 million, although accrued corporate taxes and other liabilities decreased by ¥163.449 million and the provision for bonuses decreased by ¥72.138 million. Non-current liabilities amounted to ¥436.317 million, mainly because long-term borrowings increased by ¥173.166 million.」
Short-term and long-term borrowings increased in the first quarter, indicating that the previously disclosed funding through borrowings had been implemented. - FY2021First statedAnnual report
「As a general policy, we raise funds for growth-related needs and capital policies such as share repurchases through internal funds and medium- to long-term borrowings, while meeting short-term funding needs arising from seasonal fluctuations by flexibly drawing on overdraft facilities. Borrowings outstanding at the end of the fiscal year under review amounted to ¥852.647 million. In addition to drawing down ¥400.000 million in long-term borrowings to strengthen our financial base, we entered into overdraft agreements with 5 partner financial institutions. The total overdraft limit was ¥1,100.000 million, and the amount drawn under these agreements during the fiscal year under review was ¥450.000 million.」
The company disclosed for the first time specific figures for its funding policy of using retained earnings and medium- to long-term borrowings for growth funding, and overdrafts for seasonal short-term funding, together with borrowings outstanding and borrowing limits.