Managing Funding Efficiency and Liquidity through CMS and Committed Credit Lines
First written in FY2018. 3 of 15 entries say "Raised", first in FY2020. Latest entry: 2026-08-07.
The whole theme swung hardest in 2026: 2 of 14 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「Borrowings, both short-term and long-term, decreased by ¥5,950 million in liabilities.」
The balance of borrowings declined from the end of the previous consolidated fiscal year, indicating a reduction in outstanding funding. - FY2026-H1RaisedAnnual report
「Syndicated commitment line agreement: ① Principal amount of debt (commitment limit): ¥25,000 million ② Repayment date: 30 September 2026 (agreement period: 29 August 2025 to 30 September 2026). Syndicated term loan agreement: ① Principal amount of debt: ¥2,000 million ② Repayment date: 30 August 2030.」
The company entered into a commitment line agreement with a ¥25,000 million limit and a ¥2,000 million term loan agreement. The commitment limit increased from total commitments of ¥22,000 million in the previous fiscal year, and financial covenants are attached. - FY2025MitigatedAnnual report
「Total lending commitments, ¥22,000 million; drawn balance, ¥13,700 million; difference, ¥8,300 million.」
While total commitments remained at ¥22,000 million, the drawn balance decreased from ¥21,000 million in the previous fiscal year to ¥13,700 million, increasing the undrawn amount to ¥8,300 million. - FY2025-H1Modest increase in borrowingsAnnual report
「Total short-term and long-term borrowings increased by ¥1,050 million, and contract liabilities increased by ¥1,672 million, while notes and accounts payable and electronically recorded obligations decreased by a combined ¥1,598 million and income taxes payable decreased by ¥1,367 million.」
At the end of the current interim consolidated accounting period, total short-term and long-term borrowings had increased by ¥1,050 million. - FY2024Continued increase in drawn borrowingsAnnual report
「Total lending commitments, ¥22,000 million; drawn balance, ¥21,000 million; difference, ¥1,000 million.」
While total commitments remained at ¥22,000 million, the drawn balance increased from ¥14,800 million in the previous fiscal year to ¥21,000 million, leaving an undrawn amount of ¥1,000 million. - FY2024-Q3Increase in BorrowingsAnnual report
「Total short-term and long-term borrowings increased by ¥13,397 million, while notes and accounts payable and electronically recorded obligations decreased by a combined ¥2,765 million.」
At the end of the third quarter, total short-term and long-term borrowings had increased by ¥13,397 million. Cash flows from financing activities were also positive at ¥12,113 million. - FY2024-Q2Increase in BorrowingsAnnual report
「Total short-term and long-term borrowings increased by ¥5,274 million, and contract liabilities increased by ¥1,283 million, while notes and accounts payable and electronically recorded obligations decreased by a combined ¥3,272 million.」
At the end of the second quarter, total short-term and long-term borrowings had increased by ¥5,274 million, and cash flows from financing activities were positive at ¥4,353 million. - FY2023SoftenedAnnual report
「Total lending commitments, ¥22,000 million; drawn balance, ¥14,800 million; difference, ¥7,200 million.」
Total lending commitments decreased from ¥25,000 million in the previous fiscal year to ¥22,000 million, while the drawn balance was ¥14,800 million and the undrawn amount was ¥7,200 million. - FY2022AdvancedAnnual report
「Total lending commitments, ¥25,000 million; drawn balance, ¥8,500 million; difference, ¥16,500 million.」
While total commitments remained at ¥25,000 million, the drawn balance decreased from ¥20,000 million in the previous fiscal year to ¥8,500 million, increasing the undrawn amount to ¥16,500 million. - FY2022-Q1AdvancedAnnual report
「We completed the renewal of the ¥25,000 million lending commitment agreement that matured at the end of the first quarter and the refinancing of ¥5,000 million in long-term working capital with 5 financial institutions with which we do business.」
The renewal of the ¥25,000 million lending commitment agreement that had matured and the ¥5,000 million in long-term working capital was completed with 5 financial institutions with which we do business. - FY2021Increase in drawn balanceAnnual report
「The undrawn balance and other amounts at the end of the current consolidated fiscal year were as follows: total lending commitments, ¥25,000 million; drawn balance, ¥20,000 million; difference, ¥5,000 million.」
While total commitments remained at ¥25,000 million, the drawn balance increased from ¥13,000 million in the previous fiscal year to ¥20,000 million, leaving an undrawn amount of ¥5,000 million. - FY2021-Q3RaisedAnnual report
「For the third quarter of the current consolidated fiscal year (31 December 2020): total borrowing limits, ¥25,000 million; drawn balance, ¥19,500 million; difference, ¥5,500 million.」
The company disclosed total commitment line limits of ¥25,000 million, a drawn balance of ¥19,500 million and a difference of ¥5,500 million. - FY2020RaisedAnnual report
「We have entered into lending commitment agreements with 5 financial institutions with which we do business to raise working capital efficiently. At the end of the consolidated fiscal year, total lending commitments were ¥20,000 million, the drawn balance was ¥13,000 million, and the difference was ¥7,000 million.」
Total lending commitments were increased from ¥12,000 million to ¥20,000 million, securing an undrawn amount of ¥7,000 million. - FY2019Full utilisation of borrowing facilitiesAnnual report
「We have entered into lending commitment agreements with 5 financial institutions with which we do business to raise working capital efficiently. The undrawn balance and other amounts under these agreements at the end of the consolidated fiscal year are as follows.」
Against total lending commitments of ¥12,000 million, the drawn balance at the end of the consolidated fiscal year was also ¥12,000 million, leaving an undrawn amount of ¥0. - FY2018First statedAnnual report
「For working capital on hand, we have introduced CMS (cash management services) at the company and its domestic consolidated subsidiaries, concentrating surplus funds held by each company at the company for centralised management and thereby improving funding efficiency. We have also entered into commitment line agreements to ensure that funds can be raised promptly and reliably in response to unexpected funding needs, thereby preparing for liquidity risk.」
The company describes the centralised management of surplus funds through CMS and preparations for unexpected funding needs through agreements with total lending commitments of ¥12,000 million.