Conservative Cash Management and Non-Speculative Use of Derivatives
First written in FY2016. 4 of 21 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 2 of 23 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- FY2026Outstanding borrowings under the commitment line increased from ¥1,000 million to ¥1,200 millionAnnual report
「Facility limit at the end of the fiscal year: ¥6,000 million; drawn balance at the end of the fiscal year: ¥1,200 million」
The policy of securing stable liquidity and funding sources remains in place. The facility limit remains unchanged at ¥6,000 million, while the drawn balance increased from ¥1,000 million at the end of the previous fiscal year to ¥1,200 million. - 2026-08-05OtherGeneral Meetings of Shareholders
「Total commitment line ¥6,000 million Amount drawn ¥1,200 million Undrawn amount ¥4,800 million」
The policy of securing liquidity and the total commitment line of ¥6,000 million remain in place. The amount drawn increased to ¥1,200 million from zero, as confirmed in the immediately preceding FY2026-H1. - FY2026-H1Drawn balance under the commitment line decreased from ¥1,000 million to zeroAnnual report
「Total commitment line ¥6,000 million ¥6,000 million Drawn balance ¥1,000 million — Difference ¥5,000 million ¥6,000 million」
The policy of securing stable liquidity and funding sources remains in place. While the commitment line facility limit remains unchanged at ¥6,000 million, the drawn balance fell from ¥1,000 million at the end of the previous fiscal year to zero. - FY2025Commitment line commitment amount and outstanding borrowings decreasedAnnual report
「The Group's basic policy is to secure, on a stable basis, the liquidity and funding sources necessary for business operations. Short-term working capital is funded primarily by internal funds and short-term borrowings from financial institutions, while capital investment and long-term working capital are funded primarily by long-term borrowings from financial institutions. As described under “Consolidated Balance Sheet” and “Balance Sheet,” the Group has entered into commitment line agreements. (Commitment amount at the end of the current consolidated fiscal year: ¥6,000 million; outstanding borrowings at the end of the current consolidated fiscal year: ¥1,000 million)」
Although the policy of securing liquidity remains in place, the commitment line decreased from a facility limit of ¥10,400 million and drawn balance of ¥7,600 million at the end of the previous fiscal year to ¥6,000 million and ¥1,000 million, respectively. - FY2025-H1Commitment line commitment amount increased, while outstanding borrowings decreasedAnnual report
「Total commitment line ¥10,400 million ¥12,600 million Outstanding borrowings ¥7,600 million ¥5,492 million Undrawn amount ¥2,800 million ¥7,108 million」
The commitment amount increased from ¥10,400 million to ¥12,600 million, while outstanding borrowings decreased from ¥7,600 million to ¥5,492 million. The undrawn amount increased from ¥2,800 million to ¥7,108 million. - FY2024Commitment line commitment amount and outstanding borrowings increasedAnnual report
「Commitment amount at the end of the current consolidated fiscal year: ¥10,400 million; outstanding borrowings at the end of the current consolidated fiscal year: ¥7,600 million」
Under its policy of securing liquidity and funding sources on a stable basis, the commitment amount increased from ¥8,000 million to ¥10,400 million, while outstanding borrowings increased from ¥7,000 million to ¥7,600 million. - FY2024-Q3Long-term borrowings and lease liabilities increasedAnnual report
「This was mainly due to increases of ¥592 million in notes and accounts payable, ¥1,048 million in long-term borrowings, including long-term borrowings due for repayment within one year, and ¥632 million in lease liabilities.」
Long-term borrowings increased by ¥1,048 million and lease liabilities by ¥632 million, indicating an increase in funding balances related to capital investment and business operations. - FY2024-Q2Proceeds of ¥2,000 million from long-term borrowingsAnnual report
「Funds used in financing activities were ¥176 million, down 72.0% year on year. This was mainly due to proceeds of ¥2,000 million from long-term borrowings and outflows of ¥1,125 million for the repayment of long-term borrowings.」
The Company raised ¥2,000 million through long-term borrowings and repaid ¥1,125 million. - FY2023Outstanding borrowings under the commitment line increased from ¥6,000 million to ¥7,000 millionAnnual report
「Commitment amount at the end of the current consolidated fiscal year: ¥8,000 million; outstanding borrowings at the end of the current consolidated fiscal year: ¥7,000 million」
Under its policy of securing liquidity and funding sources on a stable basis, outstanding borrowings under the ¥8,000 million commitment line increased from the previously recorded ¥6,000 million to ¥7,000 million. - FY2023-Q3Short-term borrowings increased by ¥468 millionAnnual report
「This was mainly due to increases of ¥811 million in electronic recorded obligations and ¥468 million in short-term borrowings.」
Short-term borrowings at the end of the third quarter increased by ¥468 million from the end of the previous consolidated fiscal year, indicating an increase in funding raised through borrowings. - FY2023-Q2Short-term borrowings increased by ¥1,470 millionAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year were ¥37,977 million, an increase of ¥2,819 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥1,470 million in short-term borrowings and ¥533 million in notes and accounts payable.」
Short-term borrowings increased by ¥1,470 million from the end of the previous consolidated fiscal year, indicating an increase in funding raised through borrowings. - FY2022-Q3Short-term borrowings increased by ¥506 millionAnnual report
「This was mainly due to a ¥506 million increase in short-term borrowings and a ¥330 million decrease in notes and accounts payable.」
Short-term borrowings at the end of the third quarter increased by ¥506 million from the end of the previous consolidated fiscal year, indicating an increase in funding raised through borrowings. - FY2022-Q1RestatedAnnual report
「In light of the impact on performance from the spread of COVID-19, the Company has entered into a syndicated commitment line agreement to enable flexible and stable funding and stabilize Group management.」
The Company continues its policy and agreements for securing liquidity and stable funding during the COVID-19 pandemic. - FY2021-Q3Short-term borrowings increased by ¥1,817 millionAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year were ¥34,430 million, an increase of ¥4,874 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥3,295 million in notes and accounts payable and ¥1,817 million in short-term borrowings.」
Short-term borrowings increased by ¥1,817 million from the end of the previous consolidated fiscal year, indicating an increase in funding raised through borrowings. - FY2021-Q2Net increase in short-term borrowings of ¥1,793 millionAnnual report
「This was mainly due to a net increase of ¥1,793 million in short-term borrowings and an outflow of ¥1,434 million for the repayment of long-term borrowings.」
In financing activities during the first half, short-term borrowings increased by a net ¥1,793 million, indicating funding raised through borrowings. - FY2021-Q1Drawdown of part of the commitment lineAnnual report
「Total commitment line ¥8,000 million ¥8,000 million Outstanding borrowings — ¥1,000 million Undrawn amount ¥8,000 million ¥7,000 million」
Under the ¥8,000 million commitment line, the Company drew ¥1,000 million at the end of the first quarter, leaving ¥7,000 million undrawn. - FY2020AdvancedAnnual report
「The Group's basic policy is to secure, on a stable basis, the liquidity and funding sources necessary for business operations. Short-term working capital is funded primarily by internal funds and short-term borrowings from financial institutions, while capital investment and long-term working capital are funded primarily by long-term borrowings from financial institutions. As described under “Consolidated Balance Sheet” and “Balance Sheet,” the Group has entered into commitment line agreements. (Commitment amount at the end of the current consolidated fiscal year: ¥8,000 million; outstanding borrowings at the end of the current consolidated fiscal year: nil)」
As a specific measure under its policy of securing liquidity and funding sources on a stable basis, the Group entered into a commitment line agreement with a commitment amount of ¥8,000 million. - FY2019RestatedAnnual report
「The Group limits the management of funds to short-term deposits and similar instruments. It raises the long-term funds required for capital investment and other purposes through borrowings from banks and other financial institutions. Derivatives are used to avoid the risks described below, and the Group's policy is not to engage in speculative transactions.」
The Group continues to use short-term deposits, raise long-term funds through borrowings, and use derivatives for non-speculative purposes. In addition, it explicitly states its policy of securing the necessary liquidity and funding sources on a stable basis. - FY2018RestatedAnnual report
「The Group limits the management of funds to short-term deposits and similar instruments. It raises the long-term funds required for capital investment and other purposes through borrowings from banks and other financial institutions. Derivatives are used to avoid the risks described below, and the Group's policy is not to engage in speculative transactions.」
The Group continues to use short-term deposits, raise long-term funds through borrowings, and use derivatives for non-speculative purposes. - FY2017RestatedAnnual report
「The Group limits the management of funds to short-term deposits and similar instruments. It raises the long-term funds required for capital investment and other purposes through borrowings from banks and other financial institutions. Derivatives are used to avoid the risks described below, and the Group's policy is not to engage in speculative transactions.」
The Group continues to use short-term deposits, raise long-term funds through borrowings, and use derivatives for non-speculative purposes. - FY2016First statedAnnual report
「The Group limits the management of funds to short-term deposits and similar instruments. It raises the long-term funds required for capital investment and other purposes through borrowings from banks and other financial institutions. Derivatives are used to avoid the risks described below, and the Group's policy is not to engage in speculative transactions.」
The Group's policy is to use short-term deposits, raise long-term funds through borrowings, and limit derivatives use to risk avoidance.