Securing Cash on Hand in Preparation for a Prolonged COVID-19 Pandemic
First written in FY2020-Q3. 1 of 13 entries say "Advanced", first in FY2020. Latest entry: FY2025-H1.
20 other companies' latest entry also says "Other".
- FY2025-H1Continued long-term borrowingAnnual report
「Funds increased as a result of financing activities by ¥19 million (an increase of ¥104 million in the same period of the previous year). This mainly reflected an increase from ¥200 million in proceeds from long-term borrowings, partly offset by a decrease from ¥133 million in repayments of long-term borrowings.」
Continuing the long-term borrowing undertaken in FY2024, the company raised ¥200 million during the interim accounting period and repaid ¥133 million. The purpose of the borrowing is not specified in the filing. - FY2024Additional funding for capital investment and working capitalAnnual report
「During the fiscal year, the company raised ¥455 million from financial institutions for long-term working capital and capital investment.」
From the previous position of no new funding and continued repayments, the company borrowed ¥455 million in FY2024 for long-term working capital and capital investment. It also repaid ¥234 million in long-term borrowings. - FY2024-Q2Additional borrowingAnnual report
「Funds increased as a result of financing activities by ¥104 million (a decrease of ¥540 million in the same period of the previous year). This mainly reflected an increase from ¥250 million in proceeds from long-term borrowings, partly offset by a decrease from ¥111 million in repayments of long-term borrowings.」
From the previous position centered on repayments, the company raised ¥250 million through long-term borrowings during the six months ended the second quarter and, after deducting ¥111 million in repayments, funds from financing activities increased by ¥104 million. The purpose of the borrowing is not specified in the filing. - FY2024-Q1Increase in long-term debt balanceAnnual report
「Non-current liabilities increased by ¥173 million from the end of the previous fiscal year to ¥1,708 million. This was mainly due to a ¥165 million increase in long-term borrowings.」
From the previous position of continued repayments with no new funding, long-term borrowings increased by ¥165 million in the current quarter. The purpose of the borrowing is not specified in the filing. - FY2023Repayments continued, with no new fundingAnnual report
「No new financing was obtained during the fiscal year.」
After raising funds for capital investment in the previous fiscal year, the company obtained no new financing in FY2023 and made repayments of ¥503 million in long-term borrowings and ¥100 million in bond redemptions. - FY2023-Q3Continued repaymentsAnnual report
「Current liabilities decreased by ¥186 million from the end of the previous fiscal year to ¥891 million. This was mainly due to decreases of ¥121 million in long-term borrowings due for repayment within 1 year and ¥100 million in corporate bonds due for redemption within 1 year.」
Even after raising funds for capital investment in the previous fiscal year, current maturities of long-term borrowings and bonds due for redemption within one year declined, with repayments and redemptions continuing. - FY2023-Q2Continued repaymentsAnnual report
「Cash decreased by ¥540 million as a result of financing activities, compared with a decrease of ¥109 million in the same period of the previous year. This was mainly due to ¥405 million in repayments of long-term borrowings and ¥100 million in bond redemptions.」
After raising funds for capital investment in the previous fiscal year, the company continued to repay and redeem long-term borrowings and corporate bonds during the cumulative period of the current quarter. - FY2022Additional financing for capital investmentAnnual report
「During the current fiscal year, the company raised ¥600 million in long-term borrowings from financial institutions and ¥100 million through the issuance of corporate bonds to fund capital investment.」
The use of funds became more specific, shifting from financing and repayments in preparation for a prolonged pandemic to raising ¥600 million in long-term borrowings and issuing ¥100 million in corporate bonds to fund capital investment, including the central kitchen in Toyokawa City. - FY2022-Q2Continued repayments and partial borrowingAnnual report
「Funds decreased by ¥109 million as a result of financing activities, compared with a decrease of ¥250 million in the same quarter of the previous year. The decrease was mainly due to ¥178 million in repayments of long-term borrowings, partly offset by ¥100 million in proceeds from long-term borrowings.」
While repaying ¥178 million in long-term borrowings, the company also incurred ¥100 million in new long-term borrowings. It continued repayments following the financing conducted in the previous fiscal year while undertaking some additional borrowing. - FY2022-Q1Continued repaymentsAnnual report
「Non-current liabilities decreased by ¥205 million from the end of the previous fiscal year to ¥1,451 million. This was mainly due to decreases of ¥100 million in bonds and ¥87 million in long-term borrowings.」
After raising funds in the previous fiscal year in preparation for a prolonged pandemic, the company continued repayments this quarter, with balances of corporate bonds and long-term borrowings declining. - FY2021Shift from fundraising to repaymentsAnnual report
「Funds decreased by ¥556 million as a result of financing activities, compared with an increase of ¥1,535 million in the same period of the previous year. This was mainly due to ¥362 million in repayments of long-term borrowings and ¥100 million in redemptions of corporate bonds.」
After raising funds through borrowings and bond issuance in the previous fiscal year in preparation for a prolonged pandemic, the company made no new long-term borrowings during the current fiscal year and repaid ¥362 million in long-term borrowings and redeemed ¥100 million in corporate bonds. Cash and cash equivalents decreased by ¥738 million. - FY2020AdvancedAnnual report
「During the current fiscal year, the company raised ¥1,000 million through long-term borrowings from financial institutions and ¥200 million through the issuance of corporate bonds in order to maintain ample cash on hand and strengthen the stability of its financial base in preparation for the spread and prolonged duration of COVID-19.」
The full-year results confirmed financing that included the previously disclosed ¥1,000 million in long-term borrowings and the issuance of ¥200 million in corporate bonds. - FY2020-Q3First statedAnnual report
「The purpose is to maintain ample cash on hand and strengthen the stability of the financial base in preparation for the spread and prolonged duration of COVID-19. Amount borrowed: ¥1 billion; lenders: MUFG Bank, Ltd. and 4 other banks; borrowing dates: 22 May 2020 to 9 June 2020; borrowing terms: 5 to 7 years.」
After the end of the quarter, the company borrowed a total of ¥1 billion from 5 banks for terms of 5 to 7 years in preparation for a prolonged spread of the infection.