Liquidity Risk Associated with Borrowings
First written in FY2017. 12 of 31 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.
King Jim moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
17 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Total overdraft facility: ¥10,700 million; borrowings drawn outstanding: ¥3,500 million; undrawn amount: ¥7,200 million」
Borrowings drawn outstanding decreased from ¥4.54 billion to ¥3.5 billion, while the undrawn amount was ¥7.2 billion. Liquidity exposure declined from the previous fiscal year. - FY2026-H1WorsenedAnnual report
「Total overdraft facility: ¥8,700 million; borrowings drawn outstanding: ¥5,800 million; undrawn amount: ¥2,900 million」
Borrowings drawn under the overdraft increased from ¥4.54 billion at the end of the previous consolidated fiscal year to ¥5.8 billion, while the undrawn amount decreased from ¥4.16 billion to ¥2.9 billion. - FY2025WorsenedAnnual report
「Total overdraft facility: ¥8,700 million; borrowings drawn outstanding: ¥4,540 million; undrawn amount: ¥4,160 million」
The overdraft facility and borrowings drawn outstanding increased from ¥7.7 billion and ¥3.53 billion, respectively, in the previous fiscal year to ¥8.7 billion and ¥4.54 billion, expanding borrowing exposure. - FY2025-H1WorsenedAnnual report
「Total overdraft facility: ¥7,700 million; borrowings drawn outstanding: ¥5,110 million」
Borrowings drawn under the overdraft increased from ¥3.53 billion at the end of the previous fiscal year to ¥5.11 billion, expanding liquidity exposure. - FY2024-Q3WorsenedAnnual report
「Total liabilities increased by ¥2,773.61 million from the end of the previous consolidated fiscal year to ¥13,752.42 million. This was mainly due to an increase in short-term borrowings for working capital and other needs.」
Total liabilities increased due to working capital and other needs. Short-term borrowings totaled ¥6.1 billion, and borrowings drawn under the overdraft also increased from ¥3.19 billion at the end of the previous fiscal year. - FY2024-Q2WorsenedAnnual report
「Total overdraft facility: ¥7,700 million; borrowings drawn outstanding: ¥4,800 million」
Borrowings drawn under the overdraft increased from ¥3.19 billion at the end of the previous consolidated fiscal year to ¥4.8 billion, expanding liquidity exposure. - FY2024-Q1Increase in drawn balanceAnnual report
「Total overdraft facility: ¥7,700 million; borrowings drawn outstanding: ¥3,770 million」
Borrowings drawn under the overdraft increased from ¥3.19 billion at the end of the previous consolidated fiscal year to ¥3.77 billion, expanding liquidity exposure. - FY2023WorsenedAnnual report
「Total overdraft facility: ¥7,700 million; borrowings drawn outstanding: ¥3,190 million」
Borrowings drawn under the overdraft increased from ¥1.04 billion at the end of the previous fiscal year to ¥3.19 billion, expanding liquidity exposure. - FY2023-Q3WorsenedAnnual report
「Total liabilities increased by ¥4,422.08 million from the end of the previous consolidated fiscal year to ¥13,702.35 million. This was mainly due to a ¥4.62 billion increase in short-term borrowings for working capital and other needs.」
Short-term borrowings and total liabilities increased substantially due to working capital and other needs, expanding borrowing and liquidity exposure. - FY2023-Q2WorsenedAnnual report
「Total liabilities increased by ¥3,869.42 million from the end of the previous consolidated fiscal year to ¥13,149.68 million. This was mainly due to a ¥3.5 billion increase in short-term borrowings for working capital and other needs.」
Short-term borrowings increased by ¥3.5 billion due to working capital and other needs, expanding liabilities and liquidity exposure. - FY2023-Q1WorsenedAnnual report
「Total liabilities increased by ¥1,907.26 million from the end of the previous consolidated fiscal year to ¥11,187.53 million. This was mainly due to an increase in short-term borrowings for working capital needs.」
Short-term borrowings increased from ¥1.04 billion to ¥2.95 billion due to working capital needs, expanding borrowing and liquidity exposure. - FY2022WorsenedAnnual report
「Liabilities increased by ¥2,833.21 million from the end of the previous consolidated fiscal year to ¥9,280.26 million. This was mainly due to increases in short-term and long-term borrowings to finance the acquisition of shares in ライフオンプロダクツ㈱ and working capital needs.」
Short-term and long-term borrowings and liabilities increased due to funding needs for the acquisition of ライフオンプロダクツ and working capital. - FY2022-Q3WorsenedAnnual report
「Total liabilities increased by ¥4,665.54 million from the end of the previous consolidated fiscal year to ¥11,112.60 million. This was mainly due to a ¥5,210 million increase in short-term borrowings for bridge financing to acquire shares in ライフオンプロダクツ㈱ and for working capital needs.」
Short-term borrowings increased by ¥5.21 billion to finance the acquisition of ライフオンプロダクツ and other needs, expanding borrowing and liquidity exposure. - FY2022-Q2Increase in borrowings from execution of a bridge loanAnnual report
「On 2 November 2021, the Company borrowed the following funds from financial institutions under a bridge loan to finance the acquisition of shares in ライフオンプロダクツ株式会社. The funds are scheduled to be refinanced with long-term financing.」
Executed a total of ¥3.5 billion in bridge loans to finance the acquisition of ライフオンプロダクツ. - FY2022-Q1Increase in drawn balanceAnnual report
「Total overdraft facility: ¥6,600 million; borrowings drawn outstanding: ¥40 million; first quarter of the current consolidated fiscal year: ¥490 million」
Borrowings drawn under the overdraft increased from ¥40 million at the end of the previous consolidated fiscal year to ¥490 million. - FY2021MitigatedAnnual report
「Total overdraft facility: ¥6,600 million; borrowings drawn outstanding: ¥40 million」
Borrowings drawn under the overdraft decreased from ¥850 million at the end of the previous fiscal year to ¥40 million, reducing borrowing exposure to liquidity risk. - FY2021-Q3Increase in drawn balanceAnnual report
「Total overdraft facility: ¥6,600 million; borrowings drawn outstanding: ¥2,150 million; undrawn amount: ¥4,450 million」
Borrowings drawn under the overdraft increased from ¥1,290 million at the end of the previous quarter to ¥2,150 million. This is not described as an occurrence of liquidity risk itself. - FY2021-Q2Increase in drawn balanceAnnual report
「Total overdraft facility: ¥6,600 million; borrowings drawn outstanding: ¥1,290 million; undrawn amount: ¥5,310 million」
Borrowings drawn under the overdraft increased from ¥850 million at the end of the previous consolidated fiscal year to ¥1,290 million, also rising from ¥1,210 million at the end of the previous quarter. - FY2021-Q1Increase in drawn balanceAnnual report
「Total overdraft facility: ¥6,600 million; borrowings drawn outstanding: ¥1,170 million; undrawn amount: ¥5,430 million」
Borrowings drawn under the overdraft increased from ¥850 million at the end of the previous consolidated fiscal year to ¥1,170 million. - FY2020Year-end borrowings drawn outstanding: ¥850 millionAnnual report
「Total overdraft facility: ¥6,500 million; borrowings drawn outstanding: ¥850 million」
Borrowings drawn under the overdraft increased from zero at the end of the previous fiscal year to ¥850 million. This was down from ¥3,440 million at the end of the third quarter. - FY2020-Q3Increase in drawn balanceAnnual report
「Total overdraft facility: ¥6,500 million; borrowings drawn outstanding: ¥3,440 million; undrawn amount: ¥3,060 million」
Borrowings drawn under the overdraft increased from zero at the end of the previous consolidated fiscal year to ¥3,440 million, increasing exposure to liquidity risk. - FY2020-Q2Increase in drawn balanceAnnual report
「Total overdraft facility: ¥5,500 million; borrowings drawn outstanding: ¥1,210 million; undrawn amount: ¥4,290 million」
Borrowings drawn under the overdraft increased from zero at the end of the previous consolidated fiscal year to ¥1,210 million, also rising from ¥550 million at the end of the previous quarter. - FY2020-Q1Redrawdown on BorrowingsAnnual report
「Total overdraft facility: ¥5,500 million; borrowings drawn outstanding: ¥550 million; undrawn amount: ¥4,950 million」
Under the overdraft agreement, borrowings drawn outstanding increased from zero at the end of the previous consolidated fiscal year to ¥550 million at the end of the first quarter. This is not described as an occurrence of liquidity risk itself. - FY2019-Q3Outstanding borrowings incurredAnnual report
「Borrowings drawn outstanding: ¥1,920 million」
Under the overdraft agreement, borrowings drawn outstanding totaled ¥1,920 million at the end of the third quarter. This is not described as an actual occurrence of liquidity risk. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
States that there has been no material change in liquidity risk associated with borrowings. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
States that there has been no material change in liquidity risk associated with borrowings. - FY2018RestatedAnnual report
「Borrowings are for short-term working capital and capital investment and are exposed to liquidity risk. The accounting department manages this risk by preparing and updating funding plans in a timely manner based on budget requests from each department.」
Continues to describe liquidity risk associated with borrowings and its management through the preparation and updating of funding plans by the accounting department. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
States that there has been no new occurrence or material change in liquidity risk associated with borrowings. - FY2017First statedAnnual report
「Borrowings are for short-term working capital and capital investment and are exposed to liquidity risk. The accounting department manages this risk by preparing and updating funding plans in a timely manner based on budget requests from each department.」
Describes liquidity risk associated with borrowings and the management method involving the preparation and updating of funding plans by the accounting department.