Securing Flexible Access to Funding through a Commitment Line
First written in FY2021-Q1. 2 of 8 entries say "Softened", first in FY2021. Latest entry: FY2026.
20 other companies' latest entry also says "Other".
- FY2026Drawdowns decreased and undrawn commitments increasedAnnual report
「Total commitment ¥1,000 million Total drawdowns ¥175.5 million Undrawn balance ¥824.5 million」
The total commitment under the commitment line was maintained at ¥1,000 million, while total drawdowns decreased from ¥256.5 million in the previous fiscal year to ¥175.5 million, and the undrawn balance increased to ¥824.5 million. - FY2025Further decrease in drawdowns and increase in undrawn balanceAnnual report
「Total commitment ¥1,000 million Total drawdowns ¥256.5 million Undrawn balance ¥743.5 million」
The total commitment was maintained at ¥1,000 million, while total drawdowns decreased from ¥337.5 million in the previous fiscal year to ¥256.5 million, and the undrawn balance increased to ¥743.5 million. - FY2024Decrease in drawdowns and increase in undrawn balanceAnnual report
「Total commitment ¥1,000 million Total drawdowns ¥337.5 million Undrawn balance ¥662.5 million」
While maintaining the total commitment under the commitment agreement at ¥1,000 million, total drawdowns decreased from ¥405 million to ¥337.5 million, and the undrawn balance increased from ¥595 million to ¥662.5 million. - FY2023SoftenedAnnual report
「Total commitment ¥1.0 billion Total drawdowns ¥405 million Undrawn commitments ¥595 million」
For the commitment agreements with 2 relationship banks, the Company disclosed total commitments of ¥1.0 billion, total drawdowns of ¥405 million and undrawn commitments of ¥595 million. - FY2021SoftenedAnnual report
「The Company has also entered into commitment line agreements with 4 relationship banks, with ¥1.05 billion in undrawn commitments, thereby securing liquidity.」
The Company continues to maintain commitment lines with 4 relationship banks, but undrawn commitments decreased from the ¥1.5 billion previously reported to ¥1.05 billion. - FY2022-Q1Reduced borrowing capacity and extended contract termAnnual report
「(2) Maximum borrowing amount ¥350 million ¥350 million (4) Expiry date after extension 6 May 2022 30 April 2022」
The Company amended its commitment line agreements. The maximum borrowing amount from MUFG Bank and Mizuho Bank was ¥350 million each, and the contract term was extended to the end of April or early May 2022. Although the borrowing capacity was reduced from the previous level, the term was extended. - FY2020RaisedAnnual report
「The Company has also entered into commitment line agreements with 4 relationship banks, with ¥1.5 billion in undrawn commitments, thereby securing liquidity.」
The commitment lines were expanded from the previous 2 banks and ¥1.0 billion in total to 4 banks and ¥1.5 billion in undrawn commitments. - FY2021-Q1First statedAnnual report
「To enable flexible financing, the Company entered into commitment line agreements as described below.」
In preparation for a prolonged COVID-19 pandemic, the Company entered into unsecured commitment line agreements with MUFG Bank and Mizuho Bank, each for ¥500 million and a one-year term.