Diversifying Funding Methods
First written in FY2016. 38 of 42 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-21.
The whole theme swung hardest in 2018: 1 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「¥27,229 million in proceeds from long-term borrowings, ¥4,096 million from a net increase in short-term borrowings and ¥1,549 million from capital contributions by anonymous partnership members」
Funding through a combination of long-term borrowings, short-term borrowings and anonymous partnership contributions progressed. While 197,500 Series 4 Stock Acquisition Rights were exercised, rights representing 23,589,700 shares remained outstanding at the end of the period. - FY2026-H1Stagnation in the exercise of the Series 4 Stock Acquisition Rights and greater flexibility in the use of fundsAnnual report
「The exercise of the Series 4 Stock Acquisition Rights has not progressed at this time because the share price has remained below the exercise price of ¥390. However, the company has established a framework for strategically combining multiple funding sources, including internal funds, borrowings from financial institutions and the issuance of privately placed bonds, and is maintaining a structure that enables it to make investments when necessary without being affected by external conditions.」
Exercise of the Series 4 Stock Acquisition Rights has not progressed because the share price has remained below the ¥390 exercise price, while the company has indicated a funding policy combining internal funds, borrowings from financial institutions and privately placed bonds. The specific Kanagawa project was not acquired, and the target properties and timing for the Fukushima and Saitama projects remained undecided or under final adjustment. Accordingly, the use of funds has been made more flexible, shifting from individual properties to rental real estate acquisitions in general. - FY2025ReframedAnnual report
「During the second half of the fiscal year ending March 2025, the company is placing particular emphasis on acquiring high-yield properties in suburban areas and aims to secure stable rental income over the long term.」
The priorities for the use of net proceeds from the new shares and stock acquisition rights were changed from properties in Hokkaido to properties in Kanagawa, with funds reallocated to property acquisitions including those in Niigata, Fukushima and Saitama. - FY2025AdvancedAnnual report
「This mainly reflected inflows of ¥401 million from a net increase in short-term borrowings, ¥11,987 million from long-term borrowings, ¥3.5 billion from the issuance of bonds, ¥41 million from the issuance of stock acquisition rights, ¥99 million from the exercise of stock acquisition rights and ¥1,662 million from the issuance of new shares, partly offset by expenditures of ¥9,237 million for repayments of long-term borrowings, ¥1 billion for bond redemptions and ¥1,903 million in dividends to shareholders.」
Funding through a combination of long-term borrowings, bonds, new shares, stock acquisition rights, short-term borrowings and anonymous partnership contributions progressed. - FY2025-H1AdvancedAnnual report
「The factors increasing cash inflows included ¥10,138 million from long-term borrowings, ¥2.9 billion from the issuance of bonds, ¥1,344 million from a net increase in short-term borrowings, ¥1,044 million from capital contributions by anonymous partnership members and ¥663 million from the issuance of shares.」
Funding through a combination of long-term borrowings, bonds, short-term borrowings, anonymous partnership contributions and share issuance progressed. In addition, 24,300,000 Series 4 Stock Acquisition Rights were issued, with an exercise price of ¥390 and an exercise period from 2 September 2024 to 1 September 2027. The use of funds was revised to the acquisition of rental real estate and other properties, including high-yield properties in suburban areas. - FY2024AdvancedAnnual report
「This mainly reflected inflows of ¥427 million from a net increase in short-term borrowings, ¥20,577 million from long-term borrowings and ¥899 million from capital contributions by anonymous partnership members, partly offset by expenditures of ¥356 million for borrowing fees and ¥13,560 million for repayments of long-term borrowings.」
Funding through a combination of long-term borrowings, short-term borrowings and capital contributions from anonymous partnership members progressed. Proceeds from long-term borrowings were ¥20,577 million. - FY2024-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter increased by ¥1,499 million from the end of the previous consolidated fiscal year to ¥8,447 million. This mainly reflected increases of ¥937 million in current maturities of long-term borrowings, ¥1,229 million in short-term borrowings and ¥300 million in short-term bonds, partly offset by decreases of ¥491 million in accrued income taxes and ¥480 million in anonymous partnership deposits. Non-current liabilities decreased by ¥1,589 million to ¥31,964 million. This was mainly due to decreases of ¥1,498 million in long-term borrowings, ¥70 million in long-term deposits received and ¥19 million in deposits received in trust, associated with the sale of real estate.」
Short-term bonds, short-term borrowings and current maturities of long-term borrowings increased, while long-term borrowings and other items decreased in connection with real estate sales. The change in the borrowing-centered funding mix was specifically indicated. - FY2024-Q2AdvancedAnnual report
「To fund the acquisition of the income-producing property, the company borrowed ¥3.95 billion through a syndicated loan arranged by The Keiyo Bank,Ltd. with 5 participating financial institutions.」
In connection with the acquisition of an income-producing property in Chiba Prefecture, the company executed a ¥3.95 billion syndicated loan arranged by The Keiyo Bank,Ltd. with 5 participating financial institutions. The final repayment date was 25 September 2028, and the interest rate was 3-month TIBOR plus 1.65%, further concretizing funding through borrowings. - FY2023AdvancedAnnual report
「Net cash provided by financing activities during the consolidated fiscal year was ¥4,234 million. This mainly reflected ¥15,722 million in proceeds from long-term borrowings, partly offset by a ¥729 million net decrease in short-term borrowings, ¥10,561 million in repayments of long-term borrowings and ¥211 million in dividends to shareholders.」
The company raised funds primarily through ¥15,722 million in long-term borrowings while repaying ¥10,561 million in long-term borrowings. Diversification and deployment of borrowing-centered funding progressed. - FY2023-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter increased by ¥2,927 million from the end of the previous consolidated fiscal year to ¥9,286 million. This was mainly due to increases of ¥889 million in current maturities of long-term borrowings, ¥689 million in short-term borrowings, ¥380 million in accrued income taxes, ¥301 million in advances received due to increased rental income and ¥300 million in anonymous partnership deposits. Non-current liabilities increased by ¥2,796 million to ¥30,939 million. This was mainly due to increases of ¥2.6 billion in long-term borrowings and ¥195 million in long-term deposits received.」
Short-term borrowings, current maturities of long-term borrowings, long-term borrowings and anonymous partnership deposits increased, expanding the funding mix combining borrowings and anonymous partnership deposits. - FY2023-Q2AdvancedAnnual report
「Net cash provided by financing activities during the six-month period ended September 30 was ¥3,055 million. This mainly reflected a ¥654 million net increase from borrowing and repayment of short-term borrowings, ¥8,861 million in proceeds from long-term borrowings and ¥900 million in proceeds from contributions to and refunds from anonymous partnerships, partly offset by ¥34 million for the acquisition of treasury shares, ¥211 million in dividends to shareholders and ¥7,095 million in repayments of long-term borrowings.」
Funding through a combination of short-term borrowings, long-term borrowings and funds from anonymous partnerships progressed. Proceeds from long-term borrowings were ¥8,861 million and proceeds from anonymous partnerships were ¥900 million, while ¥7,095 million in long-term borrowings was repaid. - FY2023-Q1AdvancedAnnual report
「Current liabilities increased by ¥119 million from the end of the previous consolidated fiscal year to ¥6,478 million. This was mainly due to increases of ¥406 million in short-term borrowings and ¥474 million in anonymous partnership deposits in social lending, partly offset by an ¥834 million decrease in current maturities of long-term borrowings. Non-current liabilities increased by ¥1,106 million to ¥29,249 million. This was mainly due to a ¥1,106 million increase in new long-term borrowings.」
Funding through a combination of short-term borrowings, anonymous partnership deposits and new long-term borrowings progressed. Long-term borrowings increased by ¥1,106 million. - FY2022AdvancedAnnual report
「Net cash provided by financing activities during the consolidated fiscal year was ¥10,778 million. This mainly reflected a ¥105 million net increase in short-term borrowings, ¥12,340 million in proceeds from long-term borrowings and ¥173 million in proceeds from the issuance of shares through the exercise of stock acquisition rights, partly offset by ¥1,864 million in repayments of long-term borrowings.」
Funding through a combination of ¥12,340 million in long-term borrowings, ¥173 million from the exercise of stock acquisition rights and a net increase in short-term borrowings progressed. - FY2022-Q3AdvancedAnnual report
「Current liabilities at the end of the third quarter increased by ¥964 million from the end of the previous consolidated fiscal year to ¥5,547 million. This mainly reflected decreases of ¥367 million in accounts payable and other items, ¥621 million in short-term borrowings and ¥70 million in accrued income taxes resulting from the exclusion of SUNTAC from the scope of consolidation, partly offset by increases of ¥734 million in current maturities of long-term borrowings and ¥1,319 million in anonymous partnership deposits in social lending. Non-current liabilities increased by ¥4,645 million to ¥22,677 million. This was mainly due to increases of ¥4,317 million in long-term borrowings and ¥306 million in deposits received under new lease agreements.」
The funding mix combining ¥4,317 million in long-term borrowings, ¥1,319 million in anonymous partnership deposits and ¥734 million in current maturities of long-term borrowings expanded. In addition, the exercise of stock acquisition rights increased capital stock and capital surplus by ¥82 million each, and 62,800 shares were exercised before the filing date. - FY2022-Q2AdvancedAnnual report
「Net cash provided by financing activities during the six-month period ended September 30 was ¥3,540 million. This mainly reflected ¥4,690 million in proceeds from long-term borrowings, ¥847 million from contributions to and refunds from anonymous partnerships, and ¥163 million in proceeds from the issuance of shares through the exercise of stock acquisition rights, partly offset by expenditures of ¥408 million for the acquisition of treasury shares, ¥217 million in dividends to shareholders, a ¥277 million net decrease in short-term borrowings and ¥1,226 million in repayments of long-term borrowings.」
Funding through a combination of ¥4,690 million in long-term borrowings, ¥847 million from anonymous partnerships and ¥163 million from the exercise of stock acquisition rights progressed. - FY2022-Q1AdvancedAnnual report
「This was mainly due to increases of ¥120 million in short-term borrowings, ¥654 million in current maturities of long-term borrowings and ¥569 million in anonymous partnership deposits in social lending. Non-current liabilities decreased by ¥898 million from the end of the previous consolidated fiscal year to ¥17,133 million. This was mainly due to a decrease of ¥892 million in long-term borrowings resulting from repayments.」
Short-term borrowings, current maturities of long-term borrowings and anonymous partnership deposits in social lending increased, while ¥892 million in long-term borrowings was repaid. The change in the funding mix combining borrowings and social-lending deposits was indicated. - FY2021AdvancedAnnual report
「This mainly reflected ¥4,910 million in proceeds from long-term borrowings and ¥3,961 million in proceeds from the issuance of shares through the exercise of stock acquisition rights, partly offset by a ¥276 million net decrease in short-term borrowings and ¥2,175 million in repayments of long-term borrowings.」
Funding through a combination of ¥4,910 million in long-term borrowings and ¥3,961 million from the exercise of stock acquisition rights progressed. - FY2021-Q3AdvancedAnnual report
「In connection with the issuance of new shares through the exercise of the Series 3 Stock Acquisition Rights, capital stock increased by ¥1,204.872 million during the nine-month period ended December 31 and stood at ¥5,566.134 million at the end of the third quarter. In connection with the issuance of new shares through the exercise of the Series 3 Stock Acquisition Rights, capital reserves increased by ¥1,204.872 million. As a result, among other factors, capital surplus increased by ¥1,203.877 million during the nine-month period ended December 31 and stood at ¥6,729.373 million at the end of the third quarter.」
The exercise of the Series 3 Stock Acquisition Rights increased capital stock and capital reserves by ¥1,204 million each, advancing equity financing. - FY2021-Q2AdvancedAnnual report
「¥1,129 million in proceeds from the issuance of shares through the exercise of the Series 3 Stock Acquisition Rights was recorded; ¥1,660 million in proceeds from long-term borrowings.」
The company recorded ¥1,129 million in proceeds from the exercise of stock acquisition rights and ¥1,660 million in proceeds from long-term borrowings, advancing funding through a combination of shares and borrowings. Capital stock and capital reserves each increased by ¥570 million. - FY2021-Q1AdvancedAnnual report
「In connection with the issuance of new shares through the exercise of the Series 3 Stock Acquisition Rights, capital stock and capital reserves each increased by ¥294.904 million during the three-month period ended June 30, and stood at ¥4,656.165 million and ¥5,820.400 million, respectively, at the end of the first quarter.」
The exercise of the Series 3 Stock Acquisition Rights resulted in the issuance of 3,672,300 shares and increased capital stock and capital reserves by ¥294 million each. - FY2020AdvancedAnnual report
「Net cash provided by financing activities during the consolidated fiscal year was ¥7,124 million. This mainly reflected a net increase of ¥600 million in short-term borrowings, ¥7,210 million in proceeds from long-term borrowings and ¥171 million in proceeds from the exercise of stock acquisition rights, partly offset by ¥605 million in repayments of long-term borrowings.」
Funding through a combination of short-term borrowings, long-term borrowings and the exercise of stock acquisition rights progressed, resulting in ¥7,124 million in net cash provided by financing activities. - FY2020-Q3AdvancedAnnual report
「Short-term borrowings increased temporarily because mezzanine loans were used as a substitute for equity capital to avoid missing investment opportunities.」
Mezzanine loans were used as a substitute for equity capital to avoid missing investment opportunities. In addition, the exercise of the Series 3 Stock Acquisition Rights increased capital stock and capital reserves by ¥86.384 million each, advancing funding through a combination of borrowings and equity. - FY2020-Q2AdvancedAnnual report
「Net cash provided by financing activities during the six-month period ended September 30 was ¥6,343 million. This mainly reflected a net increase of ¥4.7 billion in short-term borrowings, ¥2 billion in proceeds from long-term borrowings and ¥23 million in proceeds from the issuance of shares through the exercise of stock acquisition rights, partly offset by expenditures of ¥272 million for repayment of long-term borrowings, ¥73 million in initial costs for new borrowings and ¥34 million for the acquisition of treasury shares.」
Funding through a combination of a ¥4.7 billion net increase in short-term borrowings, ¥2 billion in long-term borrowings and ¥23 million from the exercise of stock acquisition rights progressed. - FY2020-Q1AdvancedAnnual report
「Current liabilities increased by ¥1,995 million from the end of the previous consolidated fiscal year to ¥3,885 million. This was mainly due to increases of ¥1,750 million in short-term borrowings and ¥183 million in other current liabilities, primarily withholding income taxes related to dividends paid by consolidated subsidiaries to the company. Non-current liabilities increased by ¥954 million to ¥9,834 million. This was mainly due to a ¥910 million increase in long-term borrowings from new borrowings and a ¥44 million increase in long-term deposits received under new lease agreements.」
During the quarter, short-term borrowings increased by ¥1,750 million and long-term borrowings by ¥910 million, advancing funding through borrowings. In July, 150,000 shares were issued through the exercise of stock acquisition rights, increasing capital stock and capital reserves by ¥12.045 million each. - FY2019AdvancedAnnual report
「The company has raised funds through the exercise of the Series 2 Stock Acquisition Rights issued in February 2017, the issuance of new shares and Series 3 Stock Acquisition Rights in January 2019, and funding from financial institutions and investors. To continue expanding its business, the company will pursue diversification of funding sources, including borrowings from financial institutions and investors and equity financing.」
Funding through a combination of shares, stock acquisition rights and borrowings progressed, including the exercise of the Series 2 Stock Acquisition Rights, the private placement of 25,185,186 new shares in January 2019 with proceeds of ¥3.4 billion, and the issuance of the Series 3 Stock Acquisition Rights. - FY2019-Q3AdvancedAnnual report
「In connection with the issuance of new shares through the exercise of the Series 2 Stock Acquisition Rights, capital stock and capital reserves each increased by ¥469.430 million during the nine-month period ended December 31. This private placement was conditional on approval of the substantial dilution resulting from the private placement at the extraordinary general meeting of shareholders held on 26 December 2018. It was approved by a majority vote, and payment was received on 8 January 2019.」
Capital raising through the exercise of the Series 2 Stock Acquisition Rights progressed, with capital stock and capital reserves each increasing by ¥469 million. In addition, the company disclosed payment for 25,185,186 new shares issued through a private placement, with total proceeds of ¥3.4 billion, and planned proceeds of ¥9.404 billion from the Series 3 Stock Acquisition Rights. The stated uses of funds were repayment of borrowings, real estate acquisitions, and investments in and short-term loans to operating companies. - FY2019-Q2AdvancedAnnual report
「Net cash provided by financing activities during the six-month period ended September 30 was ¥1,886 million. This mainly reflected ¥4,303 million in proceeds from long-term borrowings and ¥913 million in proceeds from the exercise of stock acquisition rights, partly offset by expenditures of ¥2,690 million for repayment of short-term borrowings, ¥635 million for repayment of long-term borrowings and ¥10 million in initial costs for new borrowings.」
Funding progressed through ¥4,303 million in long-term borrowings and ¥913 million from the exercise of stock acquisition rights, among other sources. Short-term borrowings of ¥2,690 million were repaid and refinanced with long-term borrowings, while the issuance and redemption of ¥200 million in bonds were also recorded in financing activities. - FY2019-Q1AdvancedAnnual report
「This was mainly due to a total increase of ¥138 million in capital stock and capital reserves resulting from the exercise of the Series 2 Stock Acquisition Rights.」
Capital raising through the exercise of stock acquisition rights also progressed during the quarter. In addition, refinancing from short-term to long-term borrowings, an increase of ¥300 million in new short-term borrowings and an increase of ¥200 million in bonds made the diversification of funding sources more concrete. - FY2018-Q3RestatedAnnual report
「In connection with the issuance of new shares through the exercise of the Series 2 Stock Acquisition Rights, capital stock and capital reserves each increased by ¥164.909 million during the nine-month period ended December 31, and stood at ¥2,049.067 million and ¥4,101.619 million, respectively, at the end of the third quarter.」
This restates the cumulative increases in capital stock and capital reserves resulting from the exercise of the Series 2 Stock Acquisition Rights. It does not state that a new increase was added in the third quarter. - FY2018-Q2AdvancedAnnual report
「During the cumulative second quarter of the current fiscal year, share capital and capital reserves each increased by ¥164,909 thousand,」
Exercise of the Second Series Stock Acquisition Rights progressed, increasing share capital and capital reserves by ¥164 million each. Financing activities also included ¥326 million in proceeds from the exercise of stock acquisition rights. - FY2018-Q1AdvancedAnnual report
「As a result of the issuance of new shares upon exercise of the Second Series Stock Acquisition Rights, share capital and capital reserves each increased by ¥101,017 thousand during the first quarter of the current fiscal year. At the end of the first quarter of the current fiscal year, share capital was ¥1,985,175 thousand and capital surplus was ¥4,037,727 thousand.」
Exercise of the Second Series Stock Acquisition Rights progressed during the quarter, resulting in the issuance of 1,755,000 new shares and an increase of ¥101,017 thousand each in share capital and capital reserves, thereby providing concrete funding. - FY2017AdvancedAnnual report
「This was mainly attributable to the recognition of ¥13 million in stock acquisition rights in connection with the issuance of the Second Series Stock Acquisition Rights through a third-party allotment in February 2017, as well as the recognition of net income attributable to owners of the parent of ¥154 million for the current fiscal year.」
As part of the diversification of funding sources, the Second Series Stock Acquisition Rights were issued through a third-party allotment in February 2017. At the fiscal year-end, stock acquisition rights underlying 12,000,000 shares and stock acquisition rights of ¥13 million were recorded. - FY2017-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 February 2017, the Company resolved to solicit subscriptions for the Second Series Stock Acquisition Rights, with 24 February 2017 as the payment date. The details are as follows.」
As part of its policy of diversifying funding sources, the Company resolved at a Board of Directors meeting to solicit subscriptions for the Second Series Stock Acquisition Rights through a third-party allotment. The number of shares underlying the rights was 12,000,000, the exercise price was ¥114, the exercise period was from 25 February 2017 to 24 February 2020, and the proceeds were to be used for loans to a consolidated subsidiary operating the real estate leasing business. - FY2016First statedAnnual report
「The Company will diversify its funding sources to secure stable financing through borrowings from financial institutions and investors, as well as equity financing.」
Borrowings from financial institutions and investors and equity financing are cited as funding sources.