Maintaining liquidity equivalent to at least 2 months of monthly revenue
First written in FY2017. 7 of 23 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As of 31 March 2026, liquidity resources totaled ¥979,402 million on a yen-converted basis, equivalent to 4.2 months of average monthly revenue. Specifically, the Group has introduced cash management systems in Japan, the United States, Europe, China and ASEAN to improve the efficiency of Group funds.」
Liquidity increased from the equivalent of 3.9 months in the previous fiscal year to 4.2 months, exceeding the new benchmark of at least 2.5 months of monthly consolidated revenue. - FY2026-H1First-half-end liquidity balance updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 30 September 2025 had increased by ¥97,732 million from the end of the previous consolidated fiscal year to ¥795,039 million.」
Cash and cash equivalents at the end of the first half totaled ¥795,039 million, an increase of ¥97,732 million from the end of the previous fiscal year. - FY2025AdvancedAnnual report
「As of 31 March 2025, liquidity resources totaled ¥753,794 million on a yen-converted basis, equivalent to 3.9 months of average monthly revenue.」
Against the liquidity benchmark of at least 2.0 months of monthly consolidated revenue, the company maintained liquidity equivalent to 3.9 months, up from 3.4 months in the previous fiscal year. - FY2025-H1First-half-end liquidity balance updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 30 September 2024 had increased by ¥46,714 million from the end of the previous fiscal year to ¥696,712 million.」
Cash and cash equivalents at the end of the first half totaled ¥696,712 million, an increase of ¥46,714 million from the end of the previous fiscal year. - FY2024AdvancedAnnual report
「As of 31 March 2024, liquidity resources totaled ¥666,116 million on a yen-converted basis, equivalent to 3.4 months of average monthly revenue.」
Against the benchmark of at least 2.0 months of monthly consolidated revenue, liquidity amounted to the equivalent of 3.4 months, up from 2.9 months in the previous fiscal year. - FY2024-Q3Third-quarter-end cash and cash equivalents updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 31 December 2023 had increased by ¥120,270 million from the end of the previous consolidated fiscal year to ¥626,455 million.」
Cash and cash equivalents at the end of the third quarter totaled ¥626,455 million, an increase of ¥120,270 million from the end of the previous consolidated fiscal year. - FY2024-Q2Second-quarter-end liquidity balance updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 30 September 2023 had increased by ¥136,211 million from the end of the previous consolidated fiscal year to ¥642,396 million.」
Cash and cash equivalents at the end of the second quarter totaled ¥642,396 million, an increase of ¥136,211 million from the end of the previous consolidated fiscal year. - FY2024-Q1First-quarter-end liquidity balance updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 30 June 2023 had increased by ¥49,999 million from the end of the previous consolidated fiscal year to ¥556,184 million.」
Cash and cash equivalents at the end of the first quarter totaled ¥556,184 million, an increase of ¥49,999 million from the end of the previous consolidated fiscal year. - FY2023Fiscal year-end liquidity level updatedAnnual report
「As of 31 March 2023, liquidity resources totaled ¥522,413 million on a yen-converted basis, equivalent to 2.9 months of average monthly revenue.」
Against the benchmark of at least 2.0 months of monthly consolidated revenue, liquidity amounted to the equivalent of 2.9 months. - FY2023-Q2Second-quarter-end liquidity balance updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 30 September 2022 had increased by ¥18,418 million from the end of the previous consolidated fiscal year to ¥457,757 million.」
Cash and cash equivalents at the end of the second quarter totaled ¥457,757 million, an increase of ¥18,418 million from the end of the previous consolidated fiscal year. - FY2023-Q1First-quarter-end liquidity balance updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 30 June 2022 had decreased by ¥11,694 million from the end of the previous consolidated fiscal year to ¥427,645 million.」
Cash and cash equivalents at the end of the first quarter totaled ¥427,645 million, a decrease of ¥11,694 million from the end of the previous consolidated fiscal year. - FY2022Fiscal year-end liquidity level updatedAnnual report
「As of 31 March 2022, liquidity resources totaled ¥493,045 million on a yen-converted basis, equivalent to 3.1 months of average monthly revenue.」
Liquidity remained above the benchmark of at least 2.0 months of monthly revenue, although it declined from the equivalent of 3.6 months in the previous fiscal year to 3.1 months. - FY2022-Q3Third-quarter-end cash on hand and liquidity resources updatedAnnual report
「Cash on hand and liquidity resources (cash and cash equivalents, short-term investments and securities) increased by ¥10,385 million.」
Cash on hand and liquidity resources at the end of December 2021 had increased by ¥10,385 million from the end of the previous consolidated fiscal year. Cash and cash equivalents totaled ¥407,821 million. - FY2022-Q2Second-quarter-end cash on hand and liquidity resources updatedAnnual report
「Cash on hand and liquidity resources (cash and cash equivalents, short-term investments and securities) decreased by ¥71,261 million.」
Cash on hand and liquidity resources at the end of September 2021 had decreased by ¥71,261 million from the end of the previous consolidated fiscal year. - FY2021AdvancedAnnual report
「As of 31 March 2021, liquidity resources totaled ¥446,329 million on a yen-converted basis, equivalent to 3.6 months of average monthly revenue.」
Liquidity increased from the equivalent of 3.2 months in the previous fiscal year to 3.6 months, exceeding the benchmark of at least 2.0 months. The company continued to expand liquidity resources, extend borrowing maturities and issue bonds in preparation for the spread of the infection. - FY2021-Q3Third-quarter-end liquidity balance updatedAnnual report
「Cash on hand and liquidity resources (cash and cash equivalents, short-term investments and securities) increased by ¥71,513 million.」
Cash on hand and liquidity resources at the end of the third quarter had increased by ¥71,513 million from the end of the previous consolidated fiscal year, while cash and cash equivalents totaled ¥383,255 million. - FY2021-Q2Second-quarter-end liquidity balance updatedAnnual report
「After taking the effects of foreign exchange movements into account, cash and cash equivalents as of 30 September 2020 had increased by ¥9,855 million from the end of the previous consolidated fiscal year to ¥342,572 million.」
Cash and cash equivalents at the end of the second quarter totaled ¥342,572 million, an increase of ¥9,855 million from the fiscal year-end. - FY2021-Q1AdvancedAnnual report
「We issued unsecured straight bonds with a pari passu limited covenant among specified bonds under the following terms.」
On 28 July 2020, after the quarter-end, the company issued ¥100 billion of unsecured straight bonds to fund the repayment of borrowings. Measures to secure liquidity and financing were made concrete. - FY2020AdvancedAnnual report
「As of 31 March 2020, liquidity resources totaled ¥365,267 million on a yen-converted basis, equivalent to 3.2 months of average monthly revenue. In preparation for the impact on the Group's cash flows from the stagnation and possible prolongation of global economic activity due to the spread of the novel coronavirus infection, the Group is taking measures including increasing liquidity resources, extending the maturities of borrowings from financial institutions, issuing bonds and considering an increase in commitment lines.」
Liquidity increased to the equivalent of 3.2 months of average monthly revenue, up from 2.9 months in the previous fiscal year. Additional measures to address cash flow risks from the infectious disease were also indicated. - FY2020-Q3Third-quarter-end liquidity balance updatedAnnual report
「As of 31 December 2019, assets had increased by ¥58,885 million from the end of the previous consolidated fiscal year, from ¥1,992,480 million to ¥2,051,365 million. Cash on hand and liquidity resources (cash and cash equivalents, short-term investments and securities) increased by ¥47,602 million.」
Liquidity resources at the end of the third quarter had increased by ¥47,602 million from the end of the previous fiscal year. - FY2019Liquidity level updatedAnnual report
「As of 31 March 2019, liquidity resources totaled ¥329,737 million on a yen-converted basis, equivalent to 2.9 months of average monthly revenue.」
Liquidity remained above the benchmark of at least 2.0 months of monthly revenue, although the actual level declined from 3.1 months in the previous fiscal year to 2.9 months. - FY2018AdvancedAnnual report
「As of 31 March 2018, liquidity resources totaled ¥323,291 million on a yen-converted basis, equivalent to 3.1 months of average monthly revenue.」
Against the benchmark of at least 2.0 months of monthly consolidated revenue, the company maintained liquidity equivalent to 3.1 months. - FY2017First statedAnnual report
「The Group treats cash and deposits, short-term investments and securities as liquidity resources and has long sought to maintain liquidity equivalent to at least 2.0 months of monthly consolidated revenue.」
The company disclosed for the first time a financial benchmark of maintaining liquidity resources equivalent to at least 2.0 months of monthly consolidated revenue.