Securing liquidity by expanding commitment lines
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 7 of 50 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Our group financed its required funds with internal resources. In addition, we have entered into commitment line agreements totaling ¥60 billion with multiple financial institutions to ensure stable access to funds in the future.」
The company maintains total commitment lines of ¥60 billion. As of the end of the fiscal year, there were no outstanding borrowings, leaving ¥60 billion undrawn. - FY2020First statedAnnual report
「For the time being, we intend to maintain ample liquidity while limiting cash outflows. In addition to the ¥30 billion in unused commitment lines described above, we entered into an additional ¥30 billion commitment line agreement with our relationship banks on 11 June 2020 in preparation for a prolonged impact.」
In light of uncertainty caused by COVID-19, the company entered into an additional ¥30 billion commitment line agreement on top of the existing ¥30 billion, securing total facilities of ¥60 billion.