Funding Liquidity Risk Due to Changes in Economic and Financial Conditions
First written in FY2017-Q1. 14 of 36 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 12 of 52 companies on the "Worse" side.
24 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the current consolidated fiscal year amounted to ¥15,823 million, an increase of ¥1,183 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased by ¥1,183 million to ¥15,823 million, securing liquidity on hand. - 2026-05-14MitigatedEarnings
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the current consolidated fiscal year amounted to ¥15,823 million, an increase of ¥1,183 million from the end of the previous consolidated fiscal year.」
手許流動性は前年度末から増加している。 - FY2026-H1MitigatedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the interim consolidated fiscal period amounted to ¥15,171 million, an increase of ¥531 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased by ¥531 million from the end of the previous consolidated fiscal year, securing liquidity on hand. The filing also reports ¥3,700 million in proceeds from long-term borrowings and ¥2,589 million in repayments of long-term borrowings. - FY2025MitigatedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year amounted to ¥14,640 million, an increase of ¥142 million from the end of the previous consolidated fiscal year. The main components were ¥5,530 million in repayments of long-term borrowings, ¥5,100 million in proceeds from long-term borrowings, and a net decrease of ¥900 million in short-term borrowings.」
Cash and cash equivalents were maintained at ¥14,640 million, repayments of long-term borrowings exceeded new borrowings, and short-term borrowings also decreased by ¥900 million. - FY2025-H1MitigatedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the interim consolidated fiscal period amounted to ¥15,570 million, an increase of ¥1,072 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased by ¥1,072 million to ¥15,570 million, and short-term borrowings also decreased by ¥1,000 million. Long-term borrowings increased by ¥1,130 million. - FY2024MitigatedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year amounted to ¥14,497 million, an increase of ¥2,659 million from the end of the previous consolidated fiscal year. The main components were ¥5,730 million in repayments of long-term borrowings, ¥5,000 million in proceeds from long-term borrowings, and a net increase of ¥500 million in short-term borrowings.」
Cash and cash equivalents increased to ¥14,497 million, while repayment of long-term borrowings progressed. Short-term borrowings increased by ¥500 million. - FY2024-Q3Repayment of short-term borrowings and increase in long-term borrowingsAnnual report
「The main decrease in current liabilities was a ¥1,000 million decrease due to the repayment of short-term borrowings, among other factors. Non-current liabilities amounted to ¥16,431 million, an increase of ¥1,142 million from the end of the previous consolidated fiscal year. The main increases in non-current liabilities were a ¥586 million increase in long-term borrowings and a ¥470 million increase in lease liabilities, among other factors.」
Short-term borrowings decreased by ¥1,000 million through repayment, while long-term borrowings increased by ¥586 million. - FY2024-Q2Decrease in Short-Term Borrowings and Increase in Long-Term BorrowingsAnnual report
「The main decrease in current liabilities was a ¥2,000 million decrease in short-term borrowings, among other factors. Non-current liabilities amounted to ¥17,143 million, an increase of ¥1,854 million from the end of the previous consolidated fiscal year. The main increase in non-current liabilities was a ¥1,683 million increase in long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥2,000 million, while long-term borrowings increased by ¥1,683 million. The funding mix has changed under a policy of financing investments and loans through long-term borrowings and short-term working capital through short-term borrowings. - FY2024-Q1Repayment of short-term borrowings and increase in long-term borrowingsAnnual report
「The main decrease in current liabilities was a ¥1,000 million decrease due to the repayment of short-term borrowings, among other factors. Non-current liabilities amounted to ¥16,404 million, an increase of ¥1,115 million from the end of the previous consolidated fiscal year. The main increase in non-current liabilities was a ¥1,221 million increase due to the drawdown of long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥1,000 million through repayment, while non-current liabilities increased by ¥1,115 million due to the drawdown of long-term borrowings and other factors, and long-term borrowings increased by ¥1,221 million. - FY2023Increase in funds on hand and borrowingsAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the current consolidated fiscal year amounted to ¥11,838 million, an increase of ¥1,559 million from the end of the previous consolidated fiscal year.」
The Company secured a relatively high level of funds on hand, increasing cash and cash equivalents from ¥10,279 million to ¥11,838 million. Meanwhile, short-term borrowings increased by ¥1,000 million, and proceeds from long-term borrowings amounted to ¥6,000 million. - FY2023-Q3Securing funds on hand and increasing long-term borrowingsAnnual report
「The main increase in current assets was a ¥3,519 million increase in cash and deposits resulting from securing a relatively high level of funds on hand, along with an ¥877 million increase in merchandise and finished goods due to higher inventory. The main increase in non-current liabilities was a ¥1,438 million increase in long-term borrowings, among other factors.」
As a result of securing a relatively high level of funds on hand, cash and deposits increased by ¥3,519 million, while long-term borrowings also increased by ¥1,438 million. - FY2023-Q2Increase in long-term borrowings and securing funds on handAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the second quarter of the current consolidated fiscal period amounted to ¥12,858 million, an increase of ¥2,579 million from the end of the previous consolidated fiscal year.」
The Company secured a relatively high level of funds on hand, increasing cash and cash equivalents to ¥12,858 million. Long-term borrowings increased by ¥2,625 million, while short-term borrowings decreased by ¥1,500 million. - FY2023-Q1Increase in short-term borrowings and cashAnnual report
「The main changes in current assets were a ¥2,410 million increase in cash and deposits and a ¥1,810 million decrease in accounts receivable, trade, due to lower quarterly sales compared with the previous quarter as a result of customers' production adjustments, among other factors.」
Cash and deposits increased by ¥2,410 million, while short-term borrowings increased by ¥3,000 million through new borrowing and long-term borrowings decreased by ¥1,288 million through repayment. - FY2022WorsenedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year amounted to ¥10,279 million, a decrease of ¥2,430 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased by ¥2,430 million from the end of the previous fiscal year. Drawn borrowings amounted to ¥9,000 million, while undrawn borrowing capacity amounted to ¥6,800 million. - FY2022-Q3MitigatedAnnual report
「The main decreases in current liabilities were a ¥1,764 million decrease in notes and accounts payable, trade, due to lower purchases following weak production affected by customers' production adjustments, and a ¥446 million decrease due to the repayment of short-term borrowings, among other factors. Non-current liabilities amounted to ¥15,935 million, a decrease of ¥840 million from the end of the previous consolidated fiscal year. The main decreases in non-current liabilities were a ¥426 million decrease in liabilities related to retirement benefits and a ¥276 million decrease due to the repayment of long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥446 million through repayment, while long-term borrowings decreased by ¥276 million through repayment, and non-current liabilities decreased by ¥840 million from the end of the previous consolidated fiscal year. - FY2022-Q2Repayment of short-term borrowings and increase in long-term borrowingsAnnual report
「The main decreases in current liabilities were a ¥1,885 million decrease in notes and accounts payable, trade, due to lower purchases compared with the fourth quarter of the previous consolidated fiscal period, a ¥220 million decrease in electronically recorded obligations, and a ¥1,448 million decrease due to the repayment of short-term borrowings, among other factors. Non-current liabilities amounted to ¥17,250 million, an increase of ¥475 million from the end of the previous consolidated fiscal year. The main increase in non-current liabilities was an ¥868 million increase in long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥1,448 million through repayment, while long-term borrowings increased by ¥868 million. - FY2022-Q1RestatedAnnual report
「Future expenditures related to investments and loans will be financed through long-term borrowings and other sources, while funding needs for short-term working capital and other purposes will be met flexibly through short-term borrowings. Over the medium term, we will strengthen our financial position by proceeding with the repayment of borrowings and improving the equity ratio as one of our management objectives.」
The Company continues to pursue a policy of financing investments and loans through long-term borrowings and other sources and short-term working capital through short-term borrowings, while proceeding with the repayment of borrowings and improvement of the equity ratio over the medium term. - FY2021MitigatedAnnual report
「Over the medium term, we will strengthen our financial position by proceeding with the repayment of borrowings and improving the equity ratio as one of our management objectives.」
While proceeding with the repayment of short-term borrowings, cash and deposits amounted to ¥12,710 million and the equity ratio was 27.4%, up 1.6 percentage points from the end of the previous fiscal year. - FY2021-Q3Repayment of short-term borrowings and increase in long-term borrowingsAnnual report
「The main decreases in current liabilities were a ¥393 million decrease in notes and accounts payable, trade, due to lower purchases, and a ¥3,927 million decrease due to the repayment of short-term borrowings, among other factors. Non-current liabilities amounted to ¥18,543 million, an increase of ¥2,849 million from the end of the previous consolidated fiscal year. The main increase in non-current liabilities was a ¥3,203 million increase in long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥3,927 million through repayment, while long-term borrowings increased by ¥3,203 million. The Company continues to pursue a policy of financing investments and loans through long-term borrowings and short-term working capital through short-term borrowings. - FY2021-Q2RestatedAnnual report
「Future expenditures related to investments and loans will be financed through long-term borrowings and other sources, while funding needs for short-term working capital or one-off factors will be met flexibly through short-term borrowings. Over the medium term, we will strengthen our financial position by proceeding with the repayment of borrowings and improving the equity ratio as one of our management objectives.」
The Company continues to pursue a policy of financing investments and loans through long-term borrowings and short-term working capital and other needs through short-term borrowings, while proceeding with the repayment of borrowings and improvement of the equity ratio over the medium term. During the cumulative period, it recorded ¥7,940 million in proceeds from long-term borrowings. - FY2021-Q1Priority given to securing liquidity on handAnnual report
「In light of the impact of COVID-19, we will strengthen our financial position by securing sufficient liquidity on hand, proceeding with the repayment of borrowings over the medium term, and improving the equity ratio as one of our management objectives.」
In light of the impact of COVID-19, the Company explicitly prioritised securing liquidity on hand for the time being over repaying borrowings. Cash and deposits actually increased by ¥3,853 million, while long-term borrowings intended to secure funds on hand increased by ¥5,459 million. - FY2020MitigatedAnnual report
「Over the medium term, we will strengthen our financial position by proceeding with the repayment of borrowings and improving the equity ratio as one of our management objectives.」
The Company has stated that, while securing liquidity on hand, it will pursue medium-term repayment of borrowings and improvement of the equity ratio as objectives for strengthening its financial position. - FY2020-Q3MitigatedAnnual report
「Liabilities decreased by ¥2,760 million from the end of the previous consolidated fiscal year to ¥49,756 million. This was mainly due to a ¥1,202 million decrease in borrowings as the Company proceeded to reduce borrowings through more efficient use of funds, including at subsidiaries, as well as decreases of ¥714 million in liabilities related to retirement benefits and ¥866 million in notes and accounts payable, trade, among other factors.」
As the efficient use of funds, including at subsidiaries, and the reduction of borrowings progressed, borrowings decreased by ¥1,202 million from the end of the previous consolidated fiscal year. - FY2020-Q2RestatedAnnual report
「As of the end of the second quarter of the current consolidated fiscal period, the balance of borrowings was ¥24,156 million. Of this amount, short-term borrowings for working capital were ¥9,350 million, while long-term borrowings for capital expenditures were ¥14,805 million, including ¥5,543 million in long-term borrowings due for repayment within one year. The balance of borrowings increased by ¥524 million from the end of the previous consolidated fiscal year. Although liquidity requires monitoring because of rapid changes in economic conditions and the financial environment, in addition to cash and cash equivalents, the Group has entered into overdraft agreements with financial institutions and believes it has secured necessary and sufficient liquidity.」
While disclosing the balance of borrowings and the amount of the increase, the explanation that necessary and sufficient liquidity has been secured through cash and overdraft agreements continues to be maintained. - FY2020-Q1RestatedAnnual report
「As of the end of the first quarter of the current consolidated fiscal period, the balance of borrowings was ¥24,448 million. Of this amount, short-term borrowings for working capital were ¥11,362 million, while long-term borrowings for capital expenditures were ¥13,085 million, including ¥5,228 million in long-term borrowings due for repayment within one year. The balance of borrowings increased by ¥816 million from the end of the previous consolidated fiscal year. Although liquidity requires monitoring because of rapid changes in economic conditions and the financial environment, in addition to cash and cash equivalents, the Group has entered into overdraft agreements with financial institutions and believes it has secured necessary and sufficient liquidity.」
The balance of borrowings increased by ¥816 million from the end of the previous fiscal year, but the explanation that necessary and sufficient liquidity has been secured through cash and overdraft agreements continues to be maintained. - FY2019RestatedAnnual report
「For short-term working capital, the Company has established a system that enables it to raise funds flexibly under short-term credit facilities arranged with its relationship financial institutions.」
Cash decreased by ¥3,153 million from the end of the previous fiscal year and borrowings and other debt increased, but the funding structure for securing necessary funds through overdraft agreements and other facilities has been reconfirmed. - FY2019-Q3RestatedAnnual report
「As of the end of the third quarter of the current consolidated fiscal period, the balance of borrowings was ¥23,412 million. Of this amount, short-term borrowings for working capital were ¥8,684 million, while long-term borrowings for capital expenditures were ¥14,728 million, including ¥3,389 million in long-term borrowings due for repayment within one year. The balance of borrowings increased by ¥3,782 million from the end of the previous consolidated fiscal year. Although liquidity requires monitoring because of rapid changes in economic conditions and the financial environment, in addition to cash and cash equivalents, the Group has entered into overdraft agreements with financial institutions and believes it has secured necessary and sufficient liquidity.」
The balance of borrowings increased by ¥3,782 million from the end of the previous consolidated fiscal year, but the explanation that necessary and sufficient liquidity has been secured through overdraft agreements and other facilities has been reconfirmed. - FY2019-Q2RestatedAnnual report
「As of the end of the second quarter of the current consolidated fiscal period, the balance of borrowings was ¥21,431 million. Of this amount, short-term borrowings for working capital were ¥9,799 million, while long-term borrowings for capital expenditures were ¥11,631 million, including ¥2,477 million in long-term borrowings due for repayment within one year. The balance of borrowings increased by ¥1,801 million from the end of the previous consolidated fiscal year. Although liquidity requires monitoring because of rapid changes in economic conditions and the financial environment, in addition to cash and cash equivalents, the Group has entered into overdraft agreements with financial institutions and believes it has secured necessary and sufficient liquidity.」
The balance of borrowings increased by ¥1,801 million from the end of the previous consolidated fiscal year, but the explanation that necessary and sufficient liquidity has been secured through cash and cash equivalents and overdraft agreements has been reconfirmed. - FY2018RestatedAnnual report
「Cash and cash equivalents stood at ¥13,130 million at the end of the current consolidated fiscal year, an increase of ¥7,023 million from the end of the previous consolidated fiscal year.」
The company disclosed cash and cash equivalents of ¥13,130 million and overdraft limits of ¥15,000 million, securing period-end liquidity by increasing short-term borrowings. - FY2018-Q3RestatedAnnual report
「Borrowings outstanding at the end of the third quarter of the current consolidated fiscal year were ¥15,136 million, comprising ¥7,756 million in short-term borrowings for working capital and ¥7,379 million in long-term borrowings for capital expenditures, including ¥2,530 million in long-term borrowings due for repayment within one year. Borrowings increased by ¥3,169 million from the end of the previous consolidated fiscal year. Regarding liquidity, caution is required due to sudden changes in economic conditions and the financial environment; however, the group believes that it has secured the necessary and sufficient liquidity through cash and cash equivalents, loan commitment agreements with financial institutions and other measures.」
Borrowings outstanding increased by ¥3,169 million from the end of the fiscal year, while the company reiterates that it has secured the necessary and sufficient liquidity through cash, loan commitment agreements and other measures. - FY2018-Q2RestatedAnnual report
「Borrowings outstanding at the end of the second quarter of the current consolidated fiscal year were ¥13,184 million, comprising ¥5,145 million in short-term borrowings for working capital and ¥8,039 million in long-term borrowings for capital expenditures, including ¥2,576 million in long-term borrowings due for repayment within one year. Borrowings increased by ¥1,217 million from the end of the previous consolidated fiscal year. Regarding liquidity, caution is required due to sudden changes in economic conditions and the financial environment; however, the group believes that it has secured the necessary and sufficient liquidity through cash and cash equivalents and overdraft agreements with financial institutions.」
While disclosing the increase in borrowings outstanding, the company reconfirms that it has secured the necessary and sufficient liquidity through cash and overdraft agreements. - FY2018-Q1RestatedAnnual report
「Borrowings outstanding at the end of the first quarter of the current consolidated fiscal year were ¥12,298 million, comprising ¥3,616 million in short-term borrowings for working capital and ¥8,682 million in long-term borrowings for capital expenditures, including ¥2,606 million in long-term borrowings due for repayment within one year. Borrowings increased by ¥331 million from the end of the previous consolidated fiscal year. Regarding liquidity, caution is required due to sudden changes in economic conditions and the financial environment; however, the group believes that it has secured the necessary and sufficient liquidity through cash and cash equivalents and overdraft agreements with financial institutions.」
While disclosing the increase in borrowings outstanding, the company reiterates that it has secured the necessary and sufficient liquidity through cash and overdraft agreements. - FY2017RestatedAnnual report
「Cash and cash equivalents, referred to below as "funds," stood at ¥6,106 million at the end of the current consolidated fiscal year, an increase of ¥1,321 million from the end of the previous consolidated fiscal year.」
The company disclosed cash and cash equivalents of ¥6,106 million, total overdraft limits and loan commitments of ¥15,000 million, and undrawn borrowing capacity of ¥13,100 million, securing period-end liquidity by increasing short-term borrowings. - FY2017-Q3RestatedAnnual report
「Borrowings outstanding at the end of the third quarter of the current consolidated fiscal year were ¥11,751 million, comprising ¥5,782 million in short-term borrowings for working capital and ¥5,969 million in long-term borrowings for capital expenditures, including ¥2,003 million in long-term borrowings due for repayment within one year. Borrowings increased by ¥552 million from the end of the previous consolidated fiscal year. Regarding liquidity, caution is required due to sudden changes in economic conditions and the financial environment; however, the group believes that it has secured the necessary and sufficient liquidity through cash and cash equivalents, loan commitment agreements with financial institutions and other measures.」
While disclosing borrowings outstanding and the increase thereof, the company reiterates that it has secured the necessary and sufficient liquidity through cash, loan commitment agreements and other measures. - FY2017-Q2RestatedAnnual report
「Regarding liquidity, caution is required due to sudden changes in economic conditions and the financial environment; however, the group believes that it has secured the necessary and sufficient liquidity through cash and cash equivalents, loan commitment agreements with financial institutions and other measures.」
While caution regarding sudden changes in the economic and financial environment is noted, the company reiterates that it has secured the necessary and sufficient liquidity through cash and cash equivalents and loan commitment agreements. - FY2017-Q1First statedAnnual report
「Regarding liquidity, caution is required due to sudden changes in economic conditions and the financial environment.」
While recognizing the impact of sudden changes in the economic and financial environment on liquidity, the company states that it has secured the necessary and sufficient liquidity through cash and cash equivalents and loan commitment agreements with financial institutions, among other measures.