Maintain and secure an appropriate level of liquidity
First written in FY2020. 9 of 17 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-11-13.
- FY2026-H1AdvancedAnnual report
「On 24 March 2026, the company entered into a commitment line agreement with Resona Bank, Ltd. with a borrowing limit of ¥300 million and financial covenants, for the purpose of maintaining its cash balance. On 27 March 2026, the company entered into an unsecured and unguaranteed long-term borrowing agreement with The Higashi-Nippon Bank, Ltd. for ¥80 million with a 7-year repayment term, and drew down the loan on the same day.」
To secure liquidity, the company entered into a commitment line agreement with a borrowing limit of ¥300 million and drew down ¥80 million in long-term borrowings with a 7-year repayment term. Meanwhile, cash and cash equivalents declined from ¥367 million at the end of the previous fiscal year to ¥357 million. - FY2025Continued decrease in cash balance and debt repaymentsAnnual report
「Cash and cash equivalents at the end of the fiscal year were ¥367 million. Funds used in operating activities totaled ¥41 million, compared with ¥105 million used in the previous fiscal year. Payments for the repayment of long-term borrowings totaled ¥129 million.」
Cash and cash equivalents declined from ¥660 million at the end of the previous fiscal year to ¥367 million. Operating cash flow remained negative at ¥41 million, and the company repaid ¥129 million in long-term borrowings. - FY2025-H1Decrease in cash balance and debt repaymentsAnnual report
「Cash and cash equivalents at the end of the interim accounting period, hereinafter referred to as “funds,” decreased by ¥152 million from the end of the previous fiscal year to ¥507 million.」
Cash and cash equivalents declined from ¥660 million at the end of the previous fiscal year to ¥507 million. Financing activities used ¥85 million, mainly for repayments of long-term borrowings, while short-term borrowings also declined by ¥17 million. - FY2024-Q2Increase in short-term borrowings and decrease in cash balanceAnnual report
「Cash and cash equivalents at the end of the second-quarter accounting period, hereinafter referred to as “funds,” decreased by ¥38 million from the end of the previous fiscal year to ¥834 million. Funds provided by financing activities totaled ¥44 million, compared with ¥296 million in the same period of the previous year. This was mainly due to a net increase of ¥112 million in short-term borrowings and ¥67 million in payments for the repayment of long-term borrowings.」
Cash and cash equivalents declined by ¥38 million from the end of the previous fiscal year to ¥834 million, while short-term borrowings increased by ¥112 million on a net basis. - FY2024-Q1Decrease in cash due to debt repayments and continuation of the liquidity policyAnnual report
「This was mainly due to a ¥55 million decrease in cash and deposits resulting from bonus payments and repayments of long-term borrowings.」
Cash and deposits declined by ¥55 million from the end of the previous fiscal year to ¥817 million, mainly due to repayments of long-term borrowings and other factors. - FY2023Decrease in cash due to debt repayments and continuation of the liquidity policyAnnual report
「Cash and cash equivalents at the end of the fiscal year were ¥872 million. This was mainly due to ¥700 million in proceeds from the issuance of shares, including the aforementioned private placement, and a net decrease of ¥594 million in short-term borrowings.」
Cash and cash equivalents declined from ¥894 million to ¥872 million as a result of debt repayments, while the company continued to raise capital and maintain liquidity. - FY2023-Q3Decrease in cash due to debt repayments and continuation of the cash management policyAnnual report
「Regarding cash management, the company has been raising borrowings through close communication with each financial institution, and funds are currently at a level that poses no problems for the foreseeable future.」
Cash and deposits at the end of the third-quarter accounting period declined by ¥43 million from the end of the previous fiscal year, while the company repaid ¥585 million in short-term borrowings and increased long-term borrowings by ¥75 million. The company maintained its explanation that cash management remains at a level posing no problems for the foreseeable future. - FY2023-Q2AdvancedAnnual report
「Cash and cash equivalents at the end of the second-quarter accounting period, hereinafter referred to as “funds,” increased by ¥79 million from the end of the previous fiscal year to ¥974 million.」
While the company repaid ¥369 million in short-term borrowings, cash and cash equivalents, including proceeds from a private placement and other sources, increased by ¥79 million from the end of the previous fiscal year to ¥974 million. - FY2023-Q1AdvancedAnnual report
「This was mainly due to an increase of ¥218 million in cash and deposits, resulting from the offsetting effects of raising funds through the issuance of common shares under a capital and business alliance agreement entered into with Hirao Jo (平尾 丈) and ZIGExN Co.,Ltd. on 11 November 2022, and repaying some borrowings, as well as a ¥39 million decrease in prepaid expenses resulting from a decline in advance payments of sales commissions to sales agencies and a ¥37 million decrease in accounts receivable.」
Even after raising capital and repaying some borrowings, cash and deposits increased by ¥218 million from the end of the previous fiscal year, securing liquidity. - FY2022AdvancedAnnual report
「Cash and cash equivalents at the end of the fiscal year were ¥894 million. Funds provided by financing activities totaled ¥832 million, compared with ¥671 million in the previous fiscal year. This was mainly due to an increase of ¥572 million in short-term borrowings and ¥300 million in proceeds from long-term borrowings.」
The company raised ¥832 million through financing activities by borrowing and secured cash and cash equivalents of ¥894 million. - FY2022-Q3AdvancedAnnual report
「This was mainly due to an increase of ¥362 million in cash and deposits resulting from bank borrowings, and a ¥124 million decrease in advances after the company was reimbursed for amounts it had advanced to the Ministry of Agriculture, Forestry and Fisheries for part of the costs of the Go To Eat campaign.」
The company secured liquidity by increasing cash and deposits by ¥362 million through bank borrowings. - FY2022-Q2AdvancedAnnual report
「Cash and cash equivalents at the end of the second-quarter accounting period, hereinafter referred to as “funds,” increased by ¥590 million from the end of the previous fiscal year to ¥1,219 million. This was mainly due to a net increase of ¥448 million in short-term borrowings and ¥300 million in proceeds from long-term borrowings.」
The company secured liquidity through bank borrowings, increasing cash and cash equivalents by ¥590 million from the end of the previous fiscal year. - FY2022-Q1AdvancedAnnual report
「This was mainly due to an increase of ¥396 million in cash and deposits resulting from bank borrowings, a ¥58 million decrease in prepaid expenses resulting from a decline in advance payments of sales commissions to sales agencies, and a ¥50 million decrease in accounts receivable.」
The company secured liquidity by undertaking bank borrowings, which increased cash and deposits by ¥396 million. - FY2021-Q3RestatedAnnual report
「The company has entered into overdraft facilities and commitment line agreements with 2 banks in order to raise working capital efficiently.」
The company reconfirmed its banking arrangements for efficiently raising working capital and securing liquidity. - FY2020First statedAnnual report
「The company gives top priority to maintaining and securing an appropriate level of liquidity to ensure the smooth execution of its business activities.」
The company’s basic policy is to use its own funds efficiently and raise funds from financial institutions.