Financing Centered on Bank Borrowings and Use of Non-Speculative Derivatives
First written in FY2016. 18 of 21 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 5 of 40 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The balance of borrowings at the end of the current consolidated fiscal year decreased by ¥2,213 million from the end of the previous consolidated fiscal year to ¥22,307 million.」
The balance of borrowings decreased by ¥2,213 million from the end of the previous fiscal year, reducing the Group’s exposure to borrowing-centered funding. - FY2026-H1Changed to net repayment of borrowingsAnnual report
「Net cash used in financing activities was ¥1,533 million, compared with net cash provided of ¥1,516 million in the same period of the previous year. This was mainly attributable to net cash outflows of ¥1,008 million from a decrease in borrowings, compared with net proceeds of ¥1,920 million in the previous year, and dividend payments of ¥520 million, compared with ¥401 million in the previous year.」
Under its borrowing-centered funding policy, the Company changed from net proceeds of ¥1,920 million from borrowings in the same period of the previous year to net cash outflows of ¥1,008 million in the current interim period. - FY2025-H1RestatedAnnual report
「Net cash provided by financing activities was ¥1,516 million, compared with ¥2,756 million in the same period of the previous year. This was mainly attributable to net proceeds of ¥1,920 million from an increase in borrowings, compared with net proceeds of ¥3,131 million in the previous year, despite dividend payments of ¥401 million, compared with ¥374 million in the previous year.」
The Company reconfirms its borrowing-based funding results, with increases in borrowings as the main source of funds. - FY2024-Q3RestatedAnnual report
「Liabilities increased by ¥22,278 million from the end of the previous consolidated fiscal year to ¥78,338 million. The main factors were increases of ¥15,269 million in notes and accounts payable and ¥6,806 million in borrowings.」
The Company discloses an increase in borrowings as one of the main factors behind the increase in liabilities and reconfirms its borrowing-centered funding results. - FY2024-Q2RestatedAnnual report
「Net cash provided by financing activities was ¥2,756 million, compared with ¥8,678 million in the same quarter of the previous year. This was mainly attributable to net proceeds of ¥3,131 million from an increase in borrowings, despite dividend payments of ¥374 million, compared with ¥330 million in the same quarter of the previous year, and net proceeds of ¥9,010 million from an increase in borrowings in the previous year.」
The Company reconfirms its borrowing-based funding results, with increases in borrowings as the main source of funds. - FY2024-Q1RestatedAnnual report
「Liabilities increased by ¥9,110 million from the end of the previous consolidated fiscal year to ¥65,170 million. The main factors were increases of ¥3,231 million in notes and accounts payable and ¥5,940 million in borrowings.」
Borrowing-based funding continued, and borrowings increased by ¥5,940 million from the end of the previous consolidated fiscal year. - FY2023-Q3RestatedAnnual report
「Liabilities increased by ¥28,105 million from the end of the previous consolidated fiscal year to ¥83,005 million. The main factors were increases of ¥14,223 million in notes and accounts payable and ¥13,725 million in borrowings.」
The Company discloses a ¥13,725 million increase in borrowings from the end of the previous consolidated fiscal year as evidence of its borrowing-based funding. - FY2023-Q2RestatedAnnual report
「Net cash provided by financing activities was ¥8,678 million, compared with ¥5,653 million in the same quarter of the previous year. This was mainly attributable to net proceeds of ¥9,010 million from an increase in borrowings, despite dividend payments of ¥330 million, compared with ¥331 million in the same quarter of the previous year, and net proceeds of ¥5,987 million from an increase in borrowings in the previous year.」
The Company discloses net proceeds from an increase in borrowings as the main source of funds and reconfirms its borrowing-centered funding results. - FY2023-Q1RestatedAnnual report
「Liabilities increased by ¥11,884 million from the end of the previous consolidated fiscal year to ¥66,784 million. The main factors were increases of ¥3,277 million in notes and accounts payable and ¥8,830 million in borrowings.」
Borrowing-based funding continued to be used, and borrowings increased by ¥8,830 million from the end of the previous consolidated fiscal year. - FY2022-Q2RestatedAnnual report
「Net cash provided by financing activities was ¥5,653 million, compared with ¥2,729 million in the same quarter of the previous year. Although dividends of ¥331 million were paid, compared with ¥331 million in the same quarter of the previous year, the main source of funds was net proceeds of ¥5,987 million from an increase in borrowings, compared with net proceeds of ¥3,102 million in the same quarter of the previous year.」
The Company discloses net proceeds from an increase in borrowings as the main source of funds and reconfirms its borrowing-centered funding results. - FY2021RestatedAnnual report
「The Group funds working capital and capital investments through internal funds or borrowings. Of its borrowing-based funding, working capital is funded through short-term borrowings, while long-term funding for processing equipment and other assets is obtained through fixed-rate long-term borrowings. As of 31 March 2021, the balance of long-term borrowings was ¥9,661 million.」
The Group continues to distinguish between short-term working capital funding and fixed-rate long-term capital investment funding, using internal funds or borrowings as appropriate. - FY2021-Q3RestatedAnnual report
「Liabilities increased by ¥21,293 million from the end of the previous consolidated fiscal year to ¥70,715 million. The main factors were increases of ¥13,782 million in notes and accounts payable and ¥7,056 million in borrowings.」
The Company discloses a ¥7,056 million increase in borrowings from the end of the previous consolidated fiscal year as evidence of its borrowing-centered funding. - FY2021-Q2RestatedAnnual report
「Net cash provided by financing activities was ¥2,729 million, compared with ¥3,792 million in the same quarter of the previous year. Although dividends of ¥331 million were paid, compared with ¥331 million in the same quarter of the previous year, the main source of funds was net proceeds of ¥3,102 million from an increase in borrowings, compared with net proceeds of ¥4,247 million in the same quarter of the previous year.」
The Company recorded net proceeds of ¥3,102 million from an increase in borrowings in financing activities, disclosing its continued reliance on borrowing-based funding. - FY2020-Q3RestatedAnnual report
「The Group funds working capital and capital investments through internal funds or borrowings. Of its borrowing-based funding, working capital is funded through short-term borrowings, while long-term funding for processing equipment and other assets is obtained through fixed-rate long-term borrowings. As of 31 December 2019, the balance of long-term borrowings was ¥9,289 million.」
The Group again discloses its use of internal funds or borrowings, short-term working capital funding, and fixed-rate long-term capital investment funding, and reports a long-term borrowings balance of ¥9,289 million. - FY2020-Q2RestatedAnnual report
「The Group funds working capital and capital investments through internal funds or borrowings. Of its borrowing-based funding, working capital is funded through short-term borrowings, while long-term funding for processing equipment and other assets is obtained through fixed-rate long-term borrowings. As of 30 September 2019, the balance of long-term borrowings was ¥9,269 million.」
The Group again discloses its use of internal funds or borrowings, short-term working capital funding, and fixed-rate long-term capital investment funding, and reports a long-term borrowings balance of ¥9,269 million. - FY2019RestatedAnnual report
「The Group funds working capital and capital investments through internal funds or borrowings. Of its borrowing-based funding, working capital is funded through short-term borrowings, while long-term funding for processing equipment and other assets is obtained through fixed-rate long-term borrowings.」
The Group continues to distinguish between short-term working capital funding and fixed-rate long-term capital investment funding, using internal funds or borrowings as appropriate. - FY2019-Q2RestatedAnnual report
「The Group funds working capital and capital investments through internal funds or borrowings. Of its borrowing-based funding, working capital is funded through short-term borrowings, while long-term funding for processing equipment and other assets is obtained through fixed-rate long-term borrowings.」
The Group again discloses its policy of using internal funds or borrowings, short-term borrowings for working capital, and fixed-rate long-term borrowings for processing equipment and other long-term funding. - FY2019-Q1RestatedAnnual report
「The Group funds working capital and capital investments through internal funds or borrowings. Of its borrowing-based funding, working capital is funded through short-term borrowings, while long-term funding for processing equipment and other assets is obtained through fixed-rate long-term borrowings.」
The Group again discloses its funding policy of using internal funds or borrowings, short-term borrowings for working capital, and fixed-rate long-term borrowings for processing equipment and other long-term funding. - FY2018RestatedAnnual report
「The Group raises the funds required under its capital investment plans for its aquaculture and food processing businesses through bank borrowings. Temporary surplus funds are invested in highly secure financial assets, while short-term working capital is also funded through bank borrowings. Derivatives are used to avoid the risks described below, and the Group has a policy of not engaging in speculative transactions.」
The Group’s policy of funding capital investments and working capital through bank borrowings, investing surplus funds with an emphasis on security, and using derivatives for non-speculative purposes is disclosed again. - FY2017RestatedAnnual report
「The Group raises the funds required under its capital investment plans for its aquaculture and food processing businesses through bank borrowings. Temporary surplus funds are invested in highly secure financial assets, while short-term working capital is also funded through bank borrowings. Derivatives are used to avoid the risks described below, and the Group has a policy of not engaging in speculative transactions.」
The Group’s policy of funding capital investments and working capital through bank borrowings, investing surplus funds with an emphasis on security, and using derivatives for non-speculative purposes is disclosed again. - FY2016First statedAnnual report
「The Group raises the funds required under its capital investment plans for its aquaculture and food processing businesses through bank borrowings. Temporary surplus funds are invested in highly secure financial assets, while short-term working capital is also funded through bank borrowings. Derivatives are used to avoid the risks described below, and the Group has a policy of not engaging in speculative transactions.」
The Group’s policy is to fund capital investments and working capital through borrowings, invest surplus funds with an emphasis on security, and use derivatives for non-speculative purposes.