Securing Funding Efficiency and Liquidity Through a Cash Management System (CMS) and Commitment Lines
First written in FY2016. 4 of 7 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In January 2026, we entered into a ¥10 billion syndicated commitment line with 10 financial institutions, arranged by Sumitomo Mitsui Banking Corporation, with a three-year and two-month term. This supplemented on-hand liquidity over the medium to long term and enabled more stable and efficient management and procurement of funds (drawn balance: — million; undrawn balance: ¥10,000 million).」
The company renewed its existing CMS and commitment line, entering into a new ¥10 billion contract with a three-year and two-month term in January 2026 and securing an undrawn balance of ¥10 billion. - FY2023AdvancedAnnual report
「In January 2023, we entered into a ¥10 billion syndicated commitment line with 10 financial institutions, arranged by Sumitomo Mitsui Banking Corporation, with a three-year term. This supplemented on-hand liquidity over the medium to long term and enabled more stable and efficient management and procurement of funds (drawn balance: — million; undrawn balance: ¥10,000 million).」
In addition to its existing CMS, the company entered into a new ¥10 billion, three-year commitment line with 10 financial institutions in January 2023, securing an undrawn balance of ¥10 billion. - FY2022RestatedAnnual report
「From March 2003, we introduced CMS (cash management services) at our principal subsidiaries, concentrating and allocating funds to suppress the generation of excess funds. In January 2020, we also entered into a ¥10 billion syndicated commitment line with 10 financial institutions, arranged by Sumitomo Mitsui Banking Corporation, with a three-year term.」
The company continues to improve group funding efficiency and supplement on-hand liquidity through CMS and a ¥10 billion, three-year commitment line. The undrawn balance is ¥10 billion. - FY2021AdvancedAnnual report
「In January 2020, we entered into a ¥10 billion syndicated commitment line with 10 financial institutions, arranged by Sumitomo Mitsui Banking Corporation, with a three-year term. This supplemented on-hand liquidity over the medium to long term and enabled more stable and efficient management and procurement of funds.」
While continuing to operate CMS, the company entered into a new ¥10 billion, three-year commitment line with 10 financial institutions in January 2020, securing an undrawn balance of ¥10 billion. - FY2019RestatedAnnual report
「To improve funding efficiency across the group, we introduced CMS (cash management services) at our principal subsidiaries from March 2003, concentrating and allocating funds to suppress the generation of excess funds. In January 2017, we entered into a ¥10 billion syndicated commitment line with 11 financial institutions, arranged by Sumitomo Mitsui Banking Corporation, with a three-year term.」
The company continues to improve funding efficiency and supplement liquidity through CMS and a ¥10 billion, three-year commitment line. The drawn balance under the commitment line is ¥0 million and the undrawn balance is ¥10 billion. - FY2018AdvancedAnnual report
「To improve funding efficiency across the group, we introduced CMS (cash management services) at our principal subsidiaries from March 2003, concentrating and allocating funds to suppress the generation of excess funds. In January 2017, we also entered into a ¥10 billion syndicated commitment line with 11 financial institutions, arranged by Sumitomo Mitsui Banking Corporation, with a three-year term.」
While continuing to operate CMS, the company disclosed that it entered into a ¥10 billion, three-year commitment line in January 2017. - FY2016First statedAnnual report
「To improve funding efficiency across the group, we introduced CMS (cash management services) at our principal subsidiaries from March 2003, concentrating and allocating funds to suppress the generation of excess working capital. In January 2014, we also entered into a ¥10 billion syndicated commitment line with 11 financial institutions, arranged by Sumitomo Mitsui Banking Corporation, with a three-year term. This supplemented medium- to long-term liquidity and enabled more stable and efficient management and procurement of funds.」
The company combines intra-group cash concentration through CMS with a ¥10 billion, three-year commitment line to supplement liquidity.