A Strong Financial Foundation and Stable Liquidity
First written in FY2016. 16 of 37 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We aim to secure the funds required and reduce financing costs by balancing direct financing through the issuance of corporate bonds, including a ¥250 billion domestic bond shelf registration, and commercial paper, while leveraging relationships cultivated over many years with financial institutions and market participants to ensure stable financing.」
Disclosed financing methods, including a ¥250 billion domestic bond shelf registration, and also completed the early redemption of hybrid bonds and refinancing through ¥100 billion in hybrid loans. - FY2026-H1Update to interim year-end liquidity resultsAnnual report
「Cash and cash equivalents and time deposits totaled ¥584.3 billion at the end of the interim consolidated accounting period. The commitment lines in place are as follows: ・¥300 billion from a syndicate led mainly by major Japanese banks (long-term) ・US$1.35 billion from a syndicate led mainly by major European and U.S. banks and major Japanese banks (long-term)」
Cash and cash equivalents and time deposits totaled ¥584.3 billion at the interim period-end, and the long-term commitment lines of ¥300 billion and US$1.35 billion were maintained. - FY2025AdvancedAnnual report
「・¥300 billion from a syndicate led mainly by major Japanese banks (long-term) ・US$1.35 billion from a syndicate led mainly by major European and U.S. banks and major Japanese banks (long-term)」
Expanded the U.S. dollar portion of the long-term commitment lines from US$850 million to US$1.35 billion. Cash and cash equivalents and time deposits totaled ¥569.5 billion at fiscal year-end. - FY2025-H1Update to interim year-end liquidity resultsAnnual report
「Cash and cash equivalents and time deposits totaled ¥474.6 billion at the end of the interim consolidated accounting period. The commitment lines in place are as follows: ・¥300 billion from a syndicate led mainly by major Japanese banks (long-term) ・US$850 million from a syndicate led mainly by major European and U.S. banks (long-term)」
Cash and cash equivalents and time deposits totaled ¥474.6 billion at the interim period-end, and the long-term commitment lines of ¥300 billion and US$850 million were maintained. - FY2024AdvancedAnnual report
「The commitment lines in place are as follows: ・¥300 billion from a syndicate led mainly by major Japanese banks (long-term) ・US$850 million from a syndicate led mainly by major European and U.S. banks (long-term)」
Secured ¥506.3 billion in cash and liquidity and expanded the long-term commitment lines to ¥300 billion and US$850 million. - FY2024-Q3Update to third-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the third quarter of the current consolidated fiscal period was ¥499.4 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (long term) from a syndicate led mainly by major European and U.S. banks」
Cash and cash equivalents and time deposits totaled ¥499.4 billion at the end of the third quarter, and committed credit lines of ¥300 billion long term and $555 million long term were maintained. - FY2024-Q2Update to second-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the second quarter of the current consolidated fiscal period was ¥506.8 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (long term) from a syndicate led mainly by major European and U.S. banks」
On-hand liquidity was ¥506.8 billion at the end of the second quarter, and committed credit lines of ¥300 billion long term and $555 million long term were maintained. - FY2024-Q1Update to first-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the first quarter of the current consolidated fiscal period was ¥593.7 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (long term) from a syndicate led mainly by major European and U.S. banks」
Cash and cash equivalents and time deposits totaled ¥593.7 billion at the end of the first quarter, and committed credit lines of ¥300 billion long term and $555 million long term were maintained. - FY2023Update to year-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the consolidated fiscal year was ¥610.3 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (long term) from a syndicate led mainly by major European and U.S. banks」
Updated year-end on-hand liquidity of ¥610.3 billion and committed credit lines of ¥300 billion long term and $555 million long term. - FY2023-Q3Update to third-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the third quarter of the current consolidated fiscal period was ¥542.8 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
Updated the third-quarter-end balance of cash and time deposits and liquidity support through committed credit lines of ¥300 billion long term and $555 million short term. - FY2023-Q2Update to second-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the second quarter of the current consolidated fiscal period was ¥578.9 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
Updated the second-quarter-end balance of cash and time deposits and liquidity support through committed credit lines of ¥300 billion long term and $555 million short term. - FY2023-Q1Update to first-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the first quarter of the current consolidated fiscal period was ¥714.7 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
Updated the first-quarter-end balance of cash and time deposits and liquidity support through committed credit lines of ¥300 billion long term and $555 million short term. - FY2022Update to year-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the consolidated fiscal year was ¥578.7 billion. • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
Updated the year-end balance of cash and time deposits and committed credit lines of ¥300 billion long term and $555 million short term. - FY2022-Q3Update to third-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the third quarter of the current consolidated fiscal period was ¥593.9 billion. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
Updated the third-quarter-end balance of cash and time deposits and liquidity support through committed credit lines of ¥300 billion long term and $555 million short term. - FY2022-Q2AdvancedAnnual report
「On 17 September 2021, we issued unsecured U.S. dollar-denominated corporate bonds totaling $500 million. The bonds are green bonds whose proceeds will be allocated to businesses that contribute to resolving environmental issues. The issuance was intended to further diversify foreign-currency funding by attracting ESG investor funds and to support efforts to contribute to the transition to a low-carbon and decarbonized society through our Group’s businesses.」
While continuing to diversify foreign-currency funding and secure liquidity, the Company issued $500 million of green bonds and specified that the proceeds would be allocated to environmental businesses. - FY2022-Q1Update to first-quarter-end liquidity resultsAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the first quarter of the current consolidated fiscal period was ¥619.4 billion, a decrease of ¥126.5 billion from the previous fiscal year-end. As described above, we continued to secure greater on-hand liquidity than in normal times through flexible financing, including the issuance of commercial paper. We also established the following committed credit lines, paying fees to financial institutions: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
Updated the first-quarter-end status of cash and cash equivalents, greater on-hand liquidity, flexible financing including commercial paper issuance, and committed credit lines. - FY2021AdvancedAnnual report
「The balance of cash and cash equivalents and time deposits at the end of the consolidated fiscal year was ¥746 billion. We also established the following committed credit lines, paying fees to financial institutions: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
The Company secured ¥746 billion in cash and cash equivalents and other such assets, committed credit lines of ¥300 billion long term and $555 million short term, and a current ratio of 125.6%. It also refinanced through ¥75 billion of hybrid bonds and other instruments. - FY2021-Q3AdvancedAnnual report
「We are considering raising a total of ¥100 billion through hybrid bonds with a subordination clause and hybrid loans with a subordination clause, to fund the optional redemption of Tranche A. In connection with this financing, on 27 January 2021 we filed a corrected shelf registration statement for the issuance of hybrid bonds with the Director-General of the Kanto Local Finance Bureau.」
To fund the optional redemption of Tranche A of the perpetual subordinated loan, the Company considered raising a total of ¥100 billion through hybrid bonds and hybrid loans and filed a corrected shelf registration statement for the hybrid bonds. - FY2021-Q2AdvancedAnnual report
「During the second quarter of the current consolidated cumulative period, we took measures to prepare for unforeseen funding needs arising from the deterioration of the real economy triggered by the emergence and spread of COVID-19, while working to improve financial discipline. Specifically, we secured greater on-hand liquidity than in normal times through flexible financing, including the issuance of commercial paper. In September 2020, we also issued unsecured U.S. dollar-denominated corporate bonds totaling $500 million to diversify foreign-currency funding.」
In addition to flexible financing, including commercial paper issuance, the Company issued $500 million of unsecured U.S. dollar-denominated corporate bonds and secured greater on-hand liquidity. - FY2021-Q1AdvancedAnnual report
「During the first quarter of the current consolidated cumulative period, we took measures to prepare for unforeseen funding needs arising from the deterioration of the real economy triggered by the emergence and spread of COVID-19, while working to improve financial discipline. Specifically, we secured greater on-hand liquidity than in normal times through flexible financing, including the issuance of commercial paper.」
To prepare for unforeseen funding needs arising from COVID-19, the Company raised funds flexibly, including through commercial paper issuance, and secured greater on-hand liquidity than in normal times. Cash and cash equivalents and other such assets totaled ¥665.2 billion, and the current ratio was 124.8%. - FY2020AdvancedAnnual report
「In the following consolidated fiscal year, the primary funding policy will be to respond appropriately to unforeseen funding needs arising from the deterioration of the real economy triggered by the emergence and spread of COVID-19. Specifically, we will maintain greater on-hand liquidity than in normal times and raise funds flexibly.」
In addition to the existing liquidity policy, the Company outlined a policy of maintaining greater on-hand liquidity than in normal times to prepare for unforeseen funding needs arising from COVID-19. - FY2020-Q3Update to the current ratio at the end of the third quarterAnnual report
「The consolidated current ratio was 126.5% at the end of the third quarter, compared with 128.1% at the end of the previous consolidated fiscal year, maintaining the Company’s financial soundness in terms of liquidity.」
The current ratio declined from 128.1% at the end of the previous consolidated fiscal year to 126.5%, but the Company stated that it maintained financial soundness in terms of liquidity. - FY2020-Q2AdvancedAnnual report
「As a direct financing instrument, we have established a ¥200 billion shelf registration limit for public offerings of ordinary corporate bonds in Japan.」
While continuing to secure liquidity through optimal funding, group finance and committed credit lines, the Company explicitly stated a ¥200 billion shelf registration limit for public offerings of ordinary corporate bonds in Japan as a direct financing instrument. The current ratio was 130.3%. - FY2020-Q1Update to the current ratio at the end of the first quarterAnnual report
「The consolidated current ratio was 128.5% at the end of the first quarter, compared with 128.1% at the end of the previous consolidated fiscal year, maintaining the Company’s financial soundness in terms of liquidity.」
The current ratio rose from 128.1% at the end of the previous consolidated fiscal year to 128.5%. Liquidity support through cash and time deposits and committed credit lines of ¥300 billion long term and $555 million short term was also maintained. - FY2019AdvancedAnnual report
「The consolidated current ratio was 128.1% at the end of the consolidated fiscal year, compared with 118.7% at the end of the previous consolidated fiscal year, maintaining the Company’s financial soundness in terms of liquidity.」
The current ratio rose from 118.7% to 128.1%. Liquidity support through cash and time deposits and committed credit lines of ¥300 billion long term and $555 million short term was also maintained. - FY2019-Q3Update to the current ratio at the end of the third quarterAnnual report
「The consolidated current ratio was 123.1% at the end of the third quarter, compared with 118.7% at the end of the previous consolidated fiscal year, maintaining the Company’s financial soundness in terms of liquidity. The Company and its consolidated subsidiaries also secure sufficient liquidity support primarily through cash and cash equivalents and committed credit lines.」
The current ratio rose to 123.1%, above the 118.7% recorded at the end of the previous consolidated fiscal year. Liquidity support through committed credit lines of ¥300 billion long term and $555 million short term was also maintained. - FY2019-Q2AdvancedAnnual report
「The consolidated current ratio was 123.4% at the end of the second quarter, compared with 118.7% at the end of the previous consolidated fiscal year, maintaining the Company’s financial soundness in terms of liquidity. The Company and its consolidated subsidiaries also secure sufficient liquidity support primarily through cash and cash equivalents and committed credit lines.」
The current ratio rose from 118.7% at the end of the previous consolidated fiscal year to 123.4%. Liquidity support through cash and cash equivalents and committed credit lines of ¥300 billion long term and $555 million short term was also maintained. - FY2019-Q1AdvancedAnnual report
「The consolidated current ratio was 122.0% at the end of the first quarter, compared with 118.7% at the end of the previous consolidated fiscal year, maintaining the Company’s financial soundness in terms of liquidity. The Company and its consolidated subsidiaries also secure sufficient liquidity support primarily through cash and cash equivalents and committed credit lines.」
The current ratio rose from 118.7% at the end of the previous consolidated fiscal year to 122.0%. Liquidity support, including committed credit lines of ¥300 billion long term and $555 million short term, was maintained. - FY2018AdvancedAnnual report
「The Company and its consolidated subsidiaries secure sufficient liquidity support primarily through cash and cash equivalents and committed credit lines. The committed credit lines are as follows: • ¥300 billion (long term) from a syndicate led mainly by major Japanese banks • $555 million (short term) from a syndicate led mainly by major European and U.S. banks」
In addition to the existing direct and indirect financing and group finance, the Company specifically disclosed committed credit lines of ¥300 billion long term and $555 million short term. - FY2018-Q3RestatedAnnual report
「Our basic policy for the financing of the Company and its consolidated subsidiaries is to optimize funding in line with the asset composition. We seek to secure stable liquidity and reduce financial costs through indirect financing from banks and other financial institutions and direct financing through bonds, commercial paper and other instruments. In addition, under a framework that centralizes the financing of major consolidated subsidiaries through group finance provided by the Company, domestic and overseas financial subsidiaries, and overseas local entities, surplus funds held by Group companies with excess liquidity are flexibly used to meet the funding needs of other Group companies, thereby promoting funding efficiency across the Group.」
The policy of securing liquidity and improving funding efficiency through indirect and direct financing, group finance and the use of surplus funds was reiterated. - FY2018-Q2RestatedAnnual report
「Our basic policy for the financing of the Company and its consolidated subsidiaries is to optimize funding in line with the asset composition. We seek to secure stable liquidity and reduce financial costs through indirect financing from banks and other financial institutions and direct financing through bonds, commercial paper and other instruments. In addition, under a framework that centralizes the financing of major consolidated subsidiaries through group finance provided by the Company, domestic and overseas financial subsidiaries, and overseas local entities, surplus funds held by Group companies with excess liquidity are flexibly used to meet the funding needs of other Group companies, thereby promoting funding efficiency across the Group.」
The policy of securing liquidity and improving funding efficiency through indirect and direct financing, group finance and the use of surplus funds was reiterated. - FY2018-Q1RestatedAnnual report
「Our basic policy for the financing of the Company and its consolidated subsidiaries is to optimize funding in line with the asset composition. We seek to secure stable liquidity and reduce financial costs through indirect financing from banks and other financial institutions and direct financing through bonds, commercial paper and other instruments.」
The policy of optimizing funding by combining direct and indirect financing and securing stable liquidity was reiterated. - FY2017RestatedAnnual report
「Our basic policy for the financing of the Company and its consolidated subsidiaries is to optimize funding in line with the asset composition. We seek to secure stable liquidity and reduce financial costs through indirect financing from banks and other financial institutions and direct financing through bonds, commercial paper and other instruments.」
The policy of securing liquidity through optimal funding, direct and indirect financing, and group finance was reiterated, along with the fact that the ¥250 billion perpetual subordinated loan had already been executed. - FY2017-Q3RestatedAnnual report
「Our basic policy for the financing of the Company and its consolidated subsidiaries is to optimize funding in line with the asset composition. We seek to secure stable liquidity and reduce financial costs through indirect financing from banks and other financial institutions and direct financing through bonds, commercial paper and other instruments. To further strengthen our financial foundation, on 16 August 2016 we raised ¥250 billion through a perpetual subordinated loan with a subordination clause.」
The policy of optimizing funding and securing stable liquidity was reiterated, along with the fact that the perpetual subordinated loan had already been executed. - FY2017-Q2AdvancedAnnual report
「To further strengthen our financial foundation, on 16 August 2016 we raised ¥250 billion through a perpetual subordinated loan with a subordination clause.」
The disclosure stated that ¥250 billion was raised on 16 August through the perpetual subordinated loan for which the agreement had been disclosed in the first quarter. - FY2017-Q1AdvancedAnnual report
「To further strengthen our financial foundation, on 10 August 2016 we entered into a loan agreement to raise funds through a perpetual subordinated loan with a subordination clause (the “Loan”). Because the Loan is classified as an equity instrument under IFRS, its execution will increase “capital.” ① Total funds raised: ¥250 billion」
In addition to our existing funding policy, we entered into an agreement for a ¥250 billion perpetual subordinated loan with a subordination clause, classified as an equity instrument. - FY2016First statedAnnual report
「Our basic policy for the financing of the Company and its consolidated subsidiaries is to optimize funding in line with the asset composition. We seek to secure stable liquidity and reduce financial costs through indirect financing from banks and other financial institutions and direct financing through bonds, commercial paper and other instruments.」
Explained efforts to improve funding efficiency by combining indirect financing, direct financing and group finance.