Maturity Concentration of Long-Term Borrowings and Funding Risk
First written in FY2020. 6 of 13 entries say "Mitigated", first in FY2021-Q1. Latest entry: FY2027-H1.
W-Scope moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
45 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” stood at ¥681 million at the end of the interim period, an increase of ¥409 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased from ¥271 million at the end of the previous fiscal year to ¥681 million, an increase of ¥409 million, while cash flow from operating activities was also an inflow of ¥366 million. - 2026-09-10MitigatedEarnings
「The balance of cash and cash equivalents at the end of the interim period increased from ¥158 million to ¥681 million.」
Cash and cash equivalents increased from the end of the previous interim period, while short-term borrowings decreased by ¥745 million from the previous fiscal year-end. - FY2026MitigatedAnnual report
「Cash and cash equivalents stood at ¥271 million at the end of the current consolidated fiscal year, an increase of ¥9 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased slightly from ¥262 million at the end of the previous fiscal year to ¥271 million, while cash flow from operating activities was an inflow of ¥745 million. As a result, the cash balance improved from ¥158 million in the most recent interim period. - FY2026-H1WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” stood at ¥158 million at the end of the interim period, down ¥104 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents fell from ¥262 million at the end of the previous fiscal year to ¥158 million. Cash flow from operating activities was limited to an inflow of ¥1,096 million, while cash flow from financing activities was an outflow of ¥318 million. - FY2025-H1WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” stood at ¥5,837 million at the end of the interim period, down ¥6,176 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents fell from ¥12,014 million at the end of the previous fiscal year to ¥5,837 million, a decrease of ¥6,176 million. Meanwhile, short-term borrowings increased by ¥13,382 million and long-term borrowings by ¥5,704 million, increasing the burden on cash management. - FY2024-Q2WorsenedAnnual report
「Current assets stood at ¥31,443 million, a decrease of ¥4,821 million from the end of the previous consolidated fiscal year. This was mainly attributable to a ¥7,577 million decrease in cash and deposits, despite a ¥3,350 million increase in notes and accounts receivable and contract assets. Current liabilities stood at ¥37,527 million, an increase of ¥4,294 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥4,551 million increase in short-term borrowings. Non-current liabilities stood at ¥20,061 million, an increase of ¥6,091 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥5,660 million increase in long-term borrowings.」
While cash and deposits fell ¥7,577 million from the end of the previous fiscal year, short-term borrowings increased ¥4,551 million and long-term borrowings increased ¥5,660 million, worsening the balances associated with cash-flow risk. - FY2023-Q3Updated cash and borrowing balancesAnnual report
「Current assets stood at ¥47,694 million, a decrease of ¥9,154 million from the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥1,060 million in inventories, more than offset by an ¥11,656 million decrease in cash and deposits.」
Cash and deposits fell ¥11,656 million from the end of the previous fiscal year to ¥21,184 million, while both short-term and long-term borrowings increased. - FY2023-Q2Updated cash balances and operating cash flowAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” stood at ¥20,409 million at the end of the second quarter, down ¥12,431 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents fell ¥12,431 million from the end of the previous fiscal year to ¥20,409 million. In contrast, cash flow from operating activities was an inflow of ¥5,086 million. - FY2022-Q3MitigatedAnnual report
「Current assets stood at ¥66,651 million, an increase of ¥40,479 million from the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥31,339 million in cash and deposits, together with increases of ¥5,685 million in accounts receivable and ¥2,067 million in inventories.」
Cash and deposits increased ¥31,339 million from the end of the previous consolidated fiscal year, while current assets increased ¥40,479 million. The balances have been updated to reflect the improvement in cash management. - FY2022-Q2Updated cash balances and operating cash flowAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” stood at ¥3,972 million at the end of the second quarter, down ¥7,503 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents fell ¥7,503 million from the end of the previous consolidated fiscal year to ¥3,972 million. Cash flow from operating activities was limited to inflows of ¥52 million, while cash used in investing activities was ¥7,636 million. - FY2021-Q2MitigatedAnnual report
「Of the company’s long-term borrowings at the end of the second-quarter consolidated accounting period, ¥2,543 million and ¥4,550 million are due for repayment in November 2021 and December 2021, respectively.」
The balances of the long-term borrowings whose repayment maturities were changed to November and December 2021 have been updated to ¥2,543 million and ¥4,550 million, respectively, in connection with the concentration risk for repayment maturities. Discussions are ongoing regarding securing repayment funds and obtaining further extensions. - FY2021-Q1MitigatedAnnual report
「The Company reached agreement with each financial institution to change the repayment dates for ¥2,929 million and ¥5,121 million of long-term borrowings outstanding at the end of the first quarter to November and December 2021, respectively.」
The company obtained agreement to change some of the repayment maturities concentrated at the end of April 2021, with ¥2,929 million changed to November 2021 and ¥5,121 million changed to December 2021. The concentration risk for repayment maturities remains, but the extension of the maturities has taken concrete form. - FY2020WorsenedAnnual report
「¥7,544 million of the company’s long-term borrowings is due for repayment in March 2021.」
In addition to breaches of financial covenants, ¥7,544 million of long-term borrowings was due for repayment in March 2021, creating a situation in which progress in raising funds and discussions with financial institutions could have a material impact on cash management.