Strengthening the Financial Base through a Third-Party Allotment, Asset Sales and Debt Repayment
First written in FY2017-Q1. 19 of 38 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-11-06.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition, we are proceeding with discussions on new financing through various methods to secure long-term funding, and plan to receive ¥113 million on 26 June 2026 as payment for the issuance of new shares and stock acquisition rights.」
Cash and deposits stood at ¥262 million, while short-term borrowings also declined. Meanwhile, the planned payment for new shares and stock acquisition rights issued through a private placement under discussion to secure long-term funding has been specified. - FY2026-H1Despite rising cash and declining short-term borrowings, discussions on long-term funding continueAnnual report
「Cash and deposits stood at ¥334 million at the end of the interim consolidated accounting period. The current ratio has remained at a certain level, and we judge that funding for the business has been secured for the foreseeable future, as we can convert some of our assets into cash as necessary. In addition, we are proceeding with discussions on new financing through various methods to secure long-term funding.」
Cash and deposits increased from approximately ¥257 million at the end of the previous fiscal year to approximately ¥334 million, while short-term borrowings declined. Meanwhile, in addition to converting held assets into cash, discussions on new financing to secure long-term funding are continuing. - FY2025Declining cash and rising short-term borrowings; discussions on long-term fundingAnnual report
「Cash and deposits stood at ¥256 million at the end of the fiscal year under review, and no cash-flow problems have arisen. The current ratio has remained at a certain level, and we judge that funding for the business has been secured for the foreseeable future, as we can convert some of our assets into cash as necessary. In addition, we are proceeding with discussions on new financing through various methods to secure long-term funding.」
While cash and deposits declined from the end of the previous fiscal year and short-term borrowings increased, the Company reported discussions on new financing to secure long-term funding, in addition to converting held assets into cash. - FY2025-H1Despite declining cash and rising short-term borrowings, the assessment that sufficient funds have been secured for the foreseeable future remains unchangedAnnual report
「Cash and deposits stood at ¥216 million at the end of the interim consolidated accounting period, and no cash-flow problems have arisen. The current ratio has remained at a certain level, and we judge that funding for the business has been secured for the foreseeable future, as we can convert some of our assets into cash as necessary.」
Cash and deposits declined by ¥109 million from the end of the previous fiscal year, while short-term borrowings increased by ¥25 million. Nevertheless, we maintain our assessment that sufficient business funding has been secured for the foreseeable future, based on the current ratio and the conversion of held assets into cash. - FY2024RestatedAnnual report
「Cash and deposits stood at ¥325 million at the end of the fiscal year under review, and no cash-flow problems have arisen. The current ratio has also remained high, and we judge that funding for the business has been secured for the foreseeable future, as we can convert some of our assets into cash as necessary.」
We maintain our assessment that sufficient business funding has been secured for the foreseeable future, based on cash and deposits of ¥325 million, the current ratio and the conversion of held assets into cash as necessary. - FY2024-Q3AdvancedAnnual report
「This was mainly attributable to a ¥69 million increase in stated capital and a ¥69 million increase in capital surplus resulting from the issuance of shares upon the exercise of stock acquisition rights, and a ¥162 million decrease in retained earnings due to the quarterly net loss attributable to owners of the parent.」
The exercise of stock acquisition rights increased stated capital and capital surplus by ¥69 million each, and the resulting equity financing was reflected in the composition of net assets at the quarter-end. - FY2023AdvancedAnnual report
「Regarding business funding, cash and deposits stood at ¥485 million at the end of the fiscal year under review, and the Company also had additional funding of ¥137 million from the issuance of shares upon the exercise of stock acquisition rights in April 2023. No cash-flow problems have arisen.」
In addition to the private placement and other transactions in January 2023, the Company reported additional funding of ¥137 million from the exercise of stock acquisition rights after the fiscal year-end. - FY2023-Q3AdvancedAnnual report
「In addition, in January 2023, we raised ¥302 million through a private placement and the issuance of stock acquisition rights, thereby strengthening our financial position.」
In January 2023, the Company raised ¥302 million through a private placement and the issuance of stock acquisition rights. The policy announced in the previous quarter of securing funding for new businesses in the second half was implemented as a specific financing transaction. - FY2023-Q2Declining cash and rising borrowings; funding policy for the second halfAnnual report
「Regarding business funding, cash and deposits stood at ¥261 million at the end of the second quarter of the fiscal year under review. The Company also held highly liquid investment securities and insurance accumulation funds included in investments and other assets, and no cash-flow problems have arisen. The current ratio has also remained high, and we judge that funding for the business has been secured for the foreseeable future. In addition, we will secure funding for new businesses in the second half and strengthen our financial position.」
We maintain our assessment that sufficient funds have been secured for the foreseeable future based on cash and deposits of ¥261 million and the current ratio. Meanwhile, short-term borrowings increased by ¥125 million, and securing funding for new businesses in the second half has been added to our policy. - FY2023-Q1RestatedAnnual report
「Regarding business funding, cash and deposits stood at ¥365 million at the end of the first quarter of the fiscal year under review. The Company also held highly liquid investment securities and insurance accumulation funds included in investments and other assets, and no cash-flow problems have arisen. The current ratio has also remained high, and we judge that funding for the business has been secured for the foreseeable future.」
We maintain our assessment that sufficient business funding has been secured for the foreseeable future, based on cash and deposits of ¥365 million, highly liquid investment securities, insurance accumulation funds and the current ratio. - FY2022AdvancedAnnual report
「With strengthening our financial position as the top priority, the Group carried out a capital reduction and capital increase at TB GROUP INC. and raised unsecured, interest-free and other borrowings using government measures, including at consolidated subsidiaries.」
The Company carried out a capital reduction, a private placement and borrowings using government measures, and proceeded with strengthening its financial position. Financing activities for the year included ¥160 million in long-term borrowings and ¥198 million from the issuance of shares. - FY2022-Q2AdvancedAnnual report
「In addition, to strengthen our financial position and restore financial soundness, we raised ¥165 million in unsecured, interest-free and other borrowings using government measures, including at subsidiaries. We also carried out a capital reduction in July, reducing stated capital from ¥4,056 million to ¥706 million, thereby securing financial soundness. In August, we carried out a ¥199 million private placement, subscribed by Hospital Net Co., Ltd., securing funding for new businesses, primarily the establishment of Smart Health Net Co., Ltd. As a result, stated capital became ¥806 million.」
The Company raised ¥165 million in borrowings using government measures, carried out a capital reduction in July, and completed a ¥199 million private placement in August subscribed by Hospital Net, securing financial soundness and funding for new businesses. - FY2022-Q1AdvancedAnnual report
「Regarding business funding, cash and deposits stood at ¥380 million at the end of the first quarter of the fiscal year under review. In addition, the Company plans to raise ¥199 million through a private placement in August 2021, and no cash-flow problems have arisen.」
In explaining that sufficient funds have been secured for the foreseeable future, the Company indicated that it plans to raise ¥199 million through a private placement in August 2021, in addition to cash and deposits of ¥380 million. - FY2021AdvancedAnnual report
「Consolidated subsidiary TOWA CORPORATION used a government-backed financing program to raise unsecured, interest-free funds and strengthen its financial position in preparation for a prolonged COVID-19 pandemic. TB GROUP INC. also used the same program to raise a ¥60 million loan, as well as a ¥40 million loan guaranteed jointly by its representative director, borrowed on 30 April 2021.」
TOWA CORPORATION and the Company raised funds through a government-backed financing program in preparation for a prolonged COVID-19 pandemic. The Company raised loans of ¥60 million and ¥40 million. - FY2021-Q3RestatedAnnual report
「Regarding business funding, cash and deposits stood at ¥418 million at the end of the third quarter of the fiscal year under review, and no cash-flow problems have arisen. The current ratio has also remained high, and we judge that funding for the business has been secured for the foreseeable future. However, in anticipation of continued uncertainty in performance due to the COVID-19 pandemic, we will convert inventory into cash and introduce various government-led grants and support payments to offset any deterioration in our financial position.」
Based on cash and deposits of ¥418 million and the continued high current ratio, we maintain our assessment that sufficient funds have been secured for the foreseeable future, with inventory reduction and the introduction of grants and support payments serving as supplementary measures. - FY2021-Q2RestatedAnnual report
「Regarding business funding, cash and deposits stood at ¥339 million at the end of the second quarter of the fiscal year under review, and no cash-flow problems have arisen. The current ratio has also remained high, and we judge that funding for the business has been secured for the foreseeable future. However, in anticipation of continued uncertainty in performance due to the COVID-19 pandemic, we will convert inventory into cash and introduce various government-led grants and support payments to offset any deterioration in our financial position.」
Although cash and deposits declined to ¥339 million, we maintain our assessment that sufficient funds have been secured for the foreseeable future, taking the current ratio into account, and regard inventory reduction and grants and support payments as supplementary measures. - FY2021-Q1RestatedAnnual report
「Cash and deposits stood at ¥538 million as of the end of the first quarter of the current consolidated fiscal year, and no cash-flow problems have arisen. The current ratio has also remained high, and the company believes that it has secured sufficient operating funds for the foreseeable future. However, in anticipation of business uncertainty caused by the COVID-19 pandemic, it plans to introduce various government-led grants and support payments to offset deterioration in its financial position.」
While maintaining the view that sufficient operating funds for the foreseeable future have been secured based on cash and deposits and the current ratio, it adds grants and support payments as measures to offset business uncertainty caused by the COVID-19 pandemic. - FY2020-Q3AdvancedAnnual report
「On 4 October 2019, the company issued unsecured convertible bonds with share acquisition rights through a third-party allotment, and all of the rights were exercised during the third quarter of the current consolidated fiscal year. As a result, during the nine months ended the third quarter, share capital and capital surplus each increased by ¥100 million. At the end of the third quarter, share capital stood at ¥4,056,589 thousand and capital surplus at ¥1,695,137 thousand.」
The issuance of convertible bonds with share acquisition rights through a third-party allotment and the exercise of all rights were completed, increasing share capital and capital surplus by ¥100 million each. Cash flows from financing activities also included ¥197 million in proceeds from the issuance of convertible bonds with share acquisition rights. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 18 September 2019, the company resolved to issue, by way of a third-party allotment, the second series of unsecured convertible bonds with share acquisition rights and the first series of share acquisition rights of 株式会社ＴＢグループ. The payment procedures were completed on 4 October 2019.」
After the end of the quarter, the company completed the fundraising procedures for ¥200 million of convertible bonds with share acquisition rights issued through a third-party allotment and approximately ¥406 million through share acquisition rights. The funds raised are planned to be used for the development of digital signage, inbound-related businesses and smart healthcare. - FY2020-Q1RestatedAnnual report
「Although operating funds have been declining because of continued losses, cash and deposits stood at ¥491 million as of the end of the first quarter of the current consolidated fiscal year, and no cash-flow problems have arisen. The current ratio has also remained high, and the company believes that it has secured sufficient operating funds for the foreseeable future, partly because it plans to convert fixed assets into funds.」
While indicating the declining trend in operating funds resulting from continued losses and cash and deposits of ¥491 million, it maintains the view that funds for the foreseeable future are sufficient based on the high current ratio and the conversion of fixed assets into funds. - FY2019Acknowledging the decline in cash while adding the conversion of fixed assets into fundsAnnual report
「Although operating funds have been declining because of continued losses, cash and deposits stood at ¥518 million as of the end of the current consolidated fiscal year, and no cash-flow problems have arisen. The current ratio has also remained high, and the company believes that it has secured sufficient operating funds for the foreseeable future, partly because it plans to convert fixed assets into funds.」
While indicating the declining trend in operating funds resulting from continued losses and cash and deposits of ¥518 million, it believes that funds for the foreseeable future are sufficient, including through the conversion of fixed assets into funds. - FY2019-Q3RestatedAnnual report
「Although operating funds have been declining because of continued losses, cash and deposits stood at ¥613 million as of the end of the third quarter of the current consolidated fiscal year, and no cash-flow problems have arisen. The current ratio has also remained high, and the company believes that it has secured sufficient operating funds for the foreseeable future, partly because it plans to improve working capital efficiency by reducing inventories.」
While acknowledging the decline in operating funds resulting from continued losses, it maintains the view that funds for the foreseeable future are sufficient based on cash and deposits of ¥613 million, the current ratio and inventory reduction. - FY2019-Q2RestatedAnnual report
「Although operating funds have been declining because of continued losses, cash and deposits stood at ¥559 million as of the end of the second quarter of the current consolidated fiscal year, and no cash-flow problems have arisen. The current ratio has also remained high, and the company believes that it has secured sufficient operating funds for the foreseeable future, partly because it plans to improve working capital efficiency by reducing inventories.」
Although cash and deposits are said to be on a declining trend, there are no cash-flow problems, and the company maintains its view that operating funds for the foreseeable future are sufficient based on its cash balance, current ratio and inventory reduction. - FY2019-Q1AdvancedAnnual report
「Liabilities decreased by ¥215 million from the end of the previous consolidated fiscal year to ¥785 million. This was mainly due to a ¥137 million decrease from payments of notes and accounts payable and a ¥100 million decrease from the repayment of short-term borrowings.」
Repayment of ¥100 million in short-term borrowings reduced liabilities by ¥215 million from the end of the previous fiscal year, bringing the balance of short-term borrowings to zero. It also states that no cash-flow problems have arisen and that sufficient operating funds for the foreseeable future have been secured. - FY2018-Q3RestatedAnnual report
「The current ratio has remained high, and the company believes that it has secured sufficient operating funds for the foreseeable future, partly because it plans to improve working capital efficiency by reducing inventories.」
It maintains the view that the high current ratio ensures sufficient operating funds for the foreseeable future, and cites improving working capital efficiency by reducing inventories as a future measure. - FY2018-Q2RestatedAnnual report
「The financial position has improved substantially, and as of the end of the second quarter of the current consolidated fiscal year, the company believes that it has secured sufficient funds for its operations for the foreseeable future.」
It expresses the same view as in the previous quarter regarding the improvement in the financial position and the securing of sufficient operating funds for the foreseeable future. - FY2018-Q1MitigatedAnnual report
「The financial position has improved substantially, and as of the end of the first quarter of the current consolidated fiscal year, the company believes that it has secured sufficient funds for its operations for the foreseeable future.」
It states that the financial position has improved substantially and that sufficient operating funds for the foreseeable future have been secured as of the end of the quarter. - FY2017AdvancedAnnual report
「Liabilities decreased by ¥723 million from the end of the previous consolidated fiscal year to ¥886 million. This was mainly due to a ¥289 million decrease from payments of notes and accounts payable, a ¥120 million decrease in short-term borrowings resulting from the repayment of interest-bearing debt, a ¥46 million decrease in long-term borrowings due within one year, a ¥222 million decrease in other current liabilities resulting from payments of litigation settlements and payables for leased assets, and a ¥61 million decrease in other non-current liabilities resulting from payments of payables for leased assets and other items.」
Liabilities decreased by ¥723 million from the end of the previous fiscal year, mainly through the repayment of interest-bearing debt and other measures, and the balance of short-term borrowings fell to zero. The strengthening of the financial base is also reflected in the year-end balances. - FY2017-Q3AdvancedAnnual report
「Liabilities decreased by ¥603 million from the end of the previous consolidated fiscal year to ¥1,006 million. This was mainly due to a ¥237 million decrease from payments of notes and accounts payable, a ¥120 million decrease in short-term borrowings resulting from the repayment of interest-bearing debt, and a ¥46 million decrease in long-term borrowings due within one year.」
Repayment of interest-bearing debt reduced short-term borrowings and long-term borrowings due within one year, resulting in a ¥603 million decrease in liabilities from the end of the previous consolidated fiscal year. Efforts to strengthen the financial base are reflected in the lower balances. - FY2017-Q2AdvancedAnnual report
「The company is also proceeding with the repayment of borrowings and working to improve its equity ratio. As a result, it achieved a substantial improvement in its financial position.」
Regarding the strengthening of the financial base through capital increases, asset sales and debt repayment, it explicitly states that the financial position improved substantially. At the same time, it says that debt repayment and improvement of the equity ratio are ongoing. - FY2017-Q1First statedAnnual report
「To strengthen its financial base, the Group received payment in April 2015 through a third-party allotment, increasing share capital and the capital reserve by ¥307 million each and substantially improving its funding position. Around the same time, it transferred part of its holdings in consolidated subsidiary TOWA CORPORATION to support management collaboration and received ¥299 million in funds. TOWA CORPORATION also conducted a third-party allotment and raised ¥159 million from outside the Group. The Group is also working to improve its equity ratio by repaying borrowings.」
It describes the capital increase, partial sale of subsidiary shares, subsidiary fundraising and debt repayment as measures to strengthen the financial base.