Policy of relying primarily on internal funds and securing liquidity through bank borrowings as needed
First written in FY2019. 6 of 7 entries say "Advanced", first in FY2022. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「Proceeds from long-term borrowings ¥1,800 million / Repayments of long-term borrowings △¥1,535 million」
Under its policy of using external funding, the company drew down ¥1,800 million in long-term borrowings during the current interim consolidated accounting period while repaying ¥1,535 million. - FY2026-H1AdvancedAnnual report
「Cash provided by financing activities during the interim consolidated period was ¥340 million, compared with a decrease of ¥1,632 million in the same period of the previous year. The main factor was an increase resulting from proceeds from long-term borrowings, among other factors.」
In line with the policy of using external funding, the Company recorded ¥5,500 million in proceeds from long-term borrowings during the interim period, bringing the balance of long-term borrowings to ¥8,894 million. - FY2025AdvancedAnnual report
「Cash provided by financing activities during the consolidated fiscal year increased by ¥419 million. The main factors were an increase resulting from higher short-term borrowings, partly offset by repayments of long-term borrowings and dividend payments, among other factors.」
In line with the policy of using external funding, short-term and long-term borrowings increased. At the end of the period, short-term borrowings were ¥4,880 million and long-term borrowings were ¥5,162 million. - FY2024-Q3AdvancedAnnual report
「Current liabilities were ¥35,496 million, up 28.7% year on year. The main factors were increases of ¥4,937 million in short-term borrowings and ¥2,885 million in notes and accounts payable, trade, among others. Non-current liabilities were ¥6,738 million, up 13.5%. The main factor was an increase of ¥668 million in long-term borrowings, among others.」
In line with the policy of using external funding for growth investments and other purposes, short-term borrowings increased by ¥4,937 million and long-term borrowings by ¥668 million. - FY2024-Q2AdvancedAnnual report
「Cash provided by financing activities during the six-month consolidated period was ¥2,052 million, compared with a decrease of ¥556 million in the same period of the previous year. The main factor was an increase in cash resulting from higher short-term borrowings, among other factors.」
In line with the policy of using external funding for growth investments and other purposes, cash provided by financing activities increased by ¥2,052 million, mainly due to higher short-term borrowings. Short-term borrowings increased by ¥2,392 million from the end of the same period of the previous year, while long-term borrowings also increased by ¥400 million. - FY2022AdvancedAnnual report
「We believe that our current financial base is sound. Going forward, we will make investments to achieve sustainable profit growth while using external funding, and will work to enhance shareholder returns.」
In addition to the previous policy of relying primarily on internal funds and using bank borrowings as necessary, the Company explicitly stated its policy of using external funding to pursue growth investments and enhance shareholder returns. During the period, it drew down ¥3.0 billion in long-term borrowings, bringing the balance of long-term borrowings to ¥3.36 billion. - FY2019First statedAnnual report
「The Group's basic policy is to ensure a stable supply of the liquidity and funding sources necessary for business operations. The Group primarily covers these funding needs with internal funds, but raises funds through bank borrowings as necessary.」
The Company has established as a standalone theme its policy of securing a stable supply of liquidity and funding sources necessary for business operations, relying primarily on internal funds and using bank borrowings when necessary.