Funding and Liquidity Risk
First written in FY2016. 3 of 20 entries say "Mitigated", first in FY2020. Latest entry: FY2027-H1.
- FY2027-H1Decrease in cash and borrowingsAnnual report
「Cash and cash equivalents at the end of the interim consolidated accounting period decreased by ¥181 million from the end of the previous consolidated fiscal year to ¥4,474 million. This was mainly due to an ¥820 million decrease in short-term borrowings and ¥241 million in payments for the repayment of long-term borrowings, among other factors.」
Cash and cash equivalents decreased by ¥181 million, while short-term borrowings decreased by ¥820 million and long-term borrowings were also repaid. Changes have occurred in the cash balance and borrowing composition related to liquidity. - FY2026MitigatedAnnual report
「Cash and cash equivalents at the end of the consolidated fiscal year were ¥4,655 million, up 30.4% from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased 30.4% from ¥3,569 million at the end of the previous fiscal year to ¥4,655 million. The undrawn balance under the ¥4 billion commitment line also increased to ¥1.84 billion, improving liquidity headroom from the end of the previous fiscal year. - 2026-05-14MitigatedResults
「Cash and cash equivalents at the end of the consolidated fiscal year were ¥4,655 million, up 30.4% from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased from ¥3,569 million at the end of the previous fiscal year to ¥4,655 million, while short-term borrowings also declined, indicating an improvement in liquidity. - FY2026-H1Decline in Cash and Change in Borrowing CompositionAnnual report
「Cash and cash equivalents at the end of the interim consolidated accounting period were ¥3,067 million, down ¥501 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased by ¥501 million from the end of the previous consolidated fiscal year. Short-term borrowings also decreased by ¥303 million, while cash flows from operating activities generated ¥901 million, indicating changes in cash management and the borrowing structure. - FY2025WorsenedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year were ¥3,569 million, down 20.0% from the previous consolidated fiscal year; unused capacity at fiscal year-end was ¥440.200 million and ¥201.880 million.」
Cash and cash equivalents decreased by 20.0% from the end of the previous fiscal year. Outstanding borrowings drawn under the ¥4 billion designated loan facility increased from ¥3,559.80 million to ¥3,798.12 million, while unused capacity decreased from ¥440.20 million to ¥201.88 million. Liquidity headroom and the composition of borrowings have changed. - FY2025-H1Decline in Cash and Change in Borrowing CompositionAnnual report
「Cash and cash equivalents at the end of the current interim consolidated accounting period decreased by ¥845 million from the end of the previous consolidated fiscal year to ¥3,613 million.」
Cash and cash equivalents decreased by ¥845 million. Financing activities included proceeds of ¥500 million from long-term borrowings and a ¥229 million increase in short-term borrowings, while ¥658 million of long-term borrowings was repaid, resulting in changes in the financial position related to liquidity and the composition of borrowings. - FY2024Decline in Unused Commitment Line CapacityAnnual report
「Total designated loan facility ¥4,000 million ¥4,000 million Outstanding borrowings drawn ¥2,367.700 million ¥3,559.800 million Unused capacity at fiscal year-end ¥1,632.300 million ¥440.200 million」
The total designated loan facility remained at ¥4 billion, while outstanding borrowings drawn increased from ¥2,367.70 million to ¥3,559.80 million and unused capacity decreased from ¥1,632.30 million to ¥440.20 million. - FY2024-Q3Continued increase in short-term borrowings and other liabilitiesAnnual report
「This was mainly due to increases of ¥1,165 million in short-term borrowings and ¥385 million in long-term borrowings due within one year, among other factors.」
Compared with the end of the previous consolidated fiscal year, short-term borrowings increased by ¥1,165 million and long-term borrowings due within one year increased by ¥385 million. Meanwhile, long-term borrowings decreased by ¥590 million, and the composition of borrowings continues to change. - FY2024-Q2Continued increase in short-term borrowings and other liabilitiesAnnual report
「This was mainly due to increases of ¥719 million in short-term borrowings and ¥384 million in long-term borrowings due within one year, among other factors.」
Compared with the end of the previous consolidated fiscal year, short-term borrowings increased by ¥719 million and long-term borrowings due within one year increased by ¥384 million. Meanwhile, long-term borrowings decreased by ¥551 million, and the composition of borrowings continues to change. - FY2024-Q1Continued increase in short-term borrowingsAnnual report
「This was mainly due to a ¥59 million decrease in long-term borrowings due within one year, while short-term borrowings increased by ¥347 million, among other factors.」
Compared with the end of the previous consolidated fiscal year, short-term borrowings increased by ¥347 million, resulting in an increase in current liabilities. No occurrence of liquidity risk such as inability to pay is described. - FY2023-Q3Increase in Short-Term Borrowings and Decline in CashAnnual report
「This was mainly due to a ¥498 million decrease in cash and deposits, while trade receivables increased by ¥405 million and raw materials and supplies increased by ¥325 million, among other factors.」
Cash and deposits decreased by ¥498 million, while short-term borrowings increased by ¥841 million from the end of the previous consolidated fiscal year. Long-term borrowings also increased by ¥548 million, resulting in simultaneous increases in borrowings and a decline in cash, but no occurrence of liquidity risk such as inability to pay is described. - FY2023-Q2Increase in Short-Term Borrowings and Decline in CashAnnual report
「This was mainly due to a ¥191 million decrease in notes and accounts payable and an ¥84 million decrease in long-term borrowings due within one year, while short-term borrowings increased by ¥489 million, among other factors.」
Short-term borrowings increased by ¥489 million from the end of the previous consolidated fiscal year. Cash and cash equivalents decreased by ¥567 million to ¥3,290 million, and operating cash flow was an outflow of ¥293 million, but no occurrence of liquidity risk such as inability to pay is described. - FY2023-Q1Change in the Composition of Short- and Long-Term BorrowingsAnnual report
「Short-term borrowings ¥2,289.640 million ¥2,346.760 million Long-term borrowings due within one year ¥1,484.755 million ¥1,505.742 million Long-term borrowings ¥1,095.354 million ¥1,022.526 million」
Compared with the end of the previous consolidated fiscal year, short-term borrowings increased by ¥57 million and long-term borrowings due within one year increased by ¥21 million, while long-term borrowings decreased by ¥72 million. The composition of borrowings continues to change. - FY2022-Q3Decrease in short-term borrowings and increase in long-term borrowingsAnnual report
「This was mainly due to a ¥99 million increase in long-term borrowings due within one year, while notes and accounts payable decreased by ¥253 million and short-term borrowings decreased by ¥197 million, among other factors.」
Compared with the end of the previous consolidated fiscal year, short-term borrowings decreased by ¥197 million, while long-term borrowings due within one year increased by ¥99 million and long-term borrowings increased by ¥116 million. The composition of borrowings has changed. - FY2021Increase in Borrowings and Expansion of Credit FacilitiesAnnual report
「During the current consolidated fiscal year, we entered into a new designated loan facility agreement for a ¥2 billion commitment line.」
The total commitment line increased from ¥2 billion to ¥4 billion, and outstanding borrowings drawn under the facility totaled ¥1,121 million. Short-term borrowings also increased by ¥1,198 million year on year. - FY2021-Q3Increase in Short-Term BorrowingsAnnual report
「This was mainly due to a ¥354 million decrease in notes and accounts payable, while short-term borrowings increased by ¥1,178 million, among other factors.」
Short-term borrowings increased by ¥1,178 million at the end of the third quarter of the current consolidated fiscal year. This indicates an actual change in the financial position related to liquidity, but the Company does not describe it as the materialization of liquidity risk. - FY2020MitigatedAnnual report
「In preparation for an increase in funding needs due to the spread of COVID-19, in June 2020 we entered into a new commitment line agreement totaling ¥2 billion with our financial institutions, in addition to the existing ¥2 billion commitment line agreement.」
To prepare for increased funding needs due to COVID-19, the Group added a ¥2 billion commitment line to the existing ¥2 billion facility. Its measures for addressing liquidity risk have been expanded. - FY2018RestatedAnnual report
「Based on reports from each department, the General Administration Department prepares and updates cash flow plans in a timely manner, while we manage liquidity risk by maintaining cash on hand and other liquidity equivalent to at least one month of consolidated net sales, among other measures.」
The Group reiterates its management policy of updating cash flow plans and maintaining cash on hand and other liquidity equivalent to at least one month of consolidated net sales. - FY2017RestatedAnnual report
「Based on reports from each department, the General Administration Department prepares and updates cash flow plans in a timely manner, while we manage liquidity risk by maintaining cash on hand and other liquidity equivalent to at least one month of consolidated net sales, among other measures.」
The Group reiterates its liquidity management policy of updating cash flow plans and maintaining cash on hand and other liquidity equivalent to at least one month of consolidated net sales. - FY2016First statedAnnual report
「We manage liquidity risk by maintaining cash on hand and other liquidity equivalent to at least one month of consolidated net sales, among other measures.」
The Group recognizes the risk of being unable to make payments when due and manages it by updating cash flow plans and maintaining cash on hand and other liquidity equivalent to at least one month of consolidated net sales.