Liquidity Risk Related to Financing
First written in FY2019. 5 of 9 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2025.
17 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「At the end of the consolidated fiscal year, ¥2,240 million remained undrawn under the overdraft agreement.」
The Company secured an undrawn facility of ¥2,240 million against an overdraft limit of ¥3,280 million, while cash provided by operating activities was ¥384 million. - FY2024-Q2MitigatedAnnual report
「Cash provided by operating activities was ¥199 million (compared with cash used of ¥120 million in the same quarter of the previous year).」
Cash flow from operating activities shifted to cash provided, reducing the liquidity burden on cash management from the same period of the previous year. - FY2024-Q1MitigatedAnnual report
「The objective is to prepare for a lengthening collection period for trade receivables by promoting the expanded use of shopping credit with collection guarantees in the kimono and jewelry business, while stabilizing cash flow over the medium to long term and strengthening the financial base.」
To address the working capital burden associated with the lengthening collection period, the Company secured liquidity by renewing its overdraft agreement and increasing its borrowing limit. - FY2023MitigatedAnnual report
「Cash used in operating activities was ¥108 million (compared with cash used of ¥1,264 million in the previous fiscal year).」
Cash used in operating activities decreased significantly, reducing the liquidity burden on cash management from the previous fiscal year. - FY2023-Q2MitigatedAnnual report
「Cash used in operating activities was ¥120 million (compared with cash used of ¥1,241 million in the same quarter of the previous year).」
Cash used in operating activities decreased from ¥1,241 million in the same period of the previous year to ¥120 million. - FY2022RestatedAnnual report
「The Company and its consolidated subsidiaries manage liquidity risk by having the Finance and Accounting Department prepare and update cash flow plans in a timely manner based on reports from each department.」
Liquidity risk management through the preparation and updating of cash flow plans by the finance and accounting department continues. - FY2021RestatedAnnual report
「The Company and its consolidated subsidiaries manage liquidity risk by having the Finance and Accounting Department prepare and update cash flow plans in a timely manner based on reports from each department.」
Liquidity risk management through the preparation and updating of cash flow plans by the finance and accounting department continues. - FY2020RestatedAnnual report
「The Company and its consolidated subsidiaries manage liquidity risk by having the Finance and Accounting Department prepare and update cash flow plans in a timely manner based on reports from each department.」
Liquidity risk management through the preparation and updating of cash flow plans by the finance and accounting department continues. - FY2019First statedAnnual report
「Management of liquidity risk related to financing, namely the risk of being unable to make payments when due」
The policy for managing liquidity risk, which is the risk of being unable to make payments when due, was disclosed as having the Finance and Accounting Department prepare and update cash flow plans.