A Stable and Flexible Financing Framework Supporting Business Expansion
First written in FY2020-Q2. 2 of 4 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「The Group primarily uses its own funds to finance working capital and capital expenditures.」
The Group primarily finances working capital and capital expenditures with its own funds, and explains that it has secured sufficient financial resources and liquidity for the future at the end of the fiscal year. - FY2021RestatedAnnual report
「The Company has implemented measures to strengthen its cash position on the assumption that the funds will be secured for the long term, and is in a position to cover sufficient working capital for the foreseeable future.」
The Company continues to explain its funding measures based on a prolonged COVID-19 pandemic and its sufficient working capital position. - FY2020-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 15 June 2020, the Company resolved to enter into a syndicated term loan agreement with financial institutions, with the full amount to be drawn at once, and drew down the loan on 3 July 2020. The details are as follows: total amount, ¥5 billion; agreement date, 30 June 2020; drawdown date, 3 July 2020; maturity date, 30 June 2025.」
In addition to the existing commitment line, the Company entered into and drew down a syndicated term loan totaling ¥5 billion. The funds are being used as long-term working capital by the Group's operating companies. - FY2020-Q2First statedAnnual report
「To establish a stable and flexible financing structure to meet the funding needs required to pursue the Group's proactive business expansion, the Company entered into a commitment line agreement with MUFG Bank, Ltd. on 27 March 2020.」
To meet the funding needs required for proactive business expansion, the Company entered into a commitment line with a borrowing limit of ¥5 billion and a one-year term.