Financing based on debt-free management and a sound financial position
First written in FY2020. 1 of 17 entries say "Reframed", first in FY2021. Latest entry: FY2026.
4 other companies' latest entry also says "Other".
- FY2026Short-term borrowings decreased; long-term borrowings eliminatedAnnual report
「As of the end of the consolidated fiscal year, short-term borrowings totaled ¥550.000 million. There were no long-term borrowings, including the current portion, but the company will continue to borrow as necessary and make capital investments to strengthen the foundation for medium- to long-term growth, including by reinforcing quality control and securing a stable earnings structure.」
Short-term borrowings decreased from ¥600 million in the previous fiscal year to ¥550 million, and there were no remaining long-term borrowings. The policy of borrowing as necessary and making capital investments remains in place. - FY2025Short-term borrowings increased; long-term borrowings nearly fully repaidAnnual report
「As of the end of the consolidated fiscal year, the balances of short-term borrowings and the current portion of long-term borrowings were ¥600.000 million and ¥1.998 million, respectively. There were no long-term borrowings excluding the current portion.」
Under the financial policy of using borrowings, short-term borrowings increased from ¥250 million in the previous fiscal year to ¥600 million, while only ¥1.998 million of the current portion of long-term borrowings remained outstanding. - FY2025-H1Increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Net cash provided by financing activities was ¥53 million. The main factors were a ¥350 million net increase in short-term borrowings, ¥78 million in repayments of long-term borrowings, and ¥182 million in dividend payments, including dividends paid to non-controlling shareholders.」
Under the financial policy of borrowing when necessary, short-term borrowings increased by ¥350 million on a net basis, while ¥78 million of long-term borrowings was repaid. - FY2024Continuing the policy of reducing borrowings and borrowing when necessaryAnnual report
「We will continue to borrow funds as necessary and make capital investments to strengthen the foundation for medium- to long-term growth, including by reinforcing quality control and securing a stable earnings structure.」
The company is continuing its policy following the shift from debt-free management to using borrowings, and has explicitly stated that it will borrow when necessary and make capital investments. At the fiscal year-end, borrowings comprised short-term borrowings of ¥250 million, the current portion of long-term borrowings of ¥80.996 million and long-term borrowings of ¥1.998 million. - FY2024-Q3Lower Long-Term BorrowingsAnnual report
「Liabilities totaled ¥9,192 million, an increase of ¥2,928 million from the end of the previous consolidated fiscal year. The main factors were a ¥2,777 million increase in notes and accounts payable, a ¥345 million decrease in long-term borrowings, including the current portion, and a ¥634 million increase in deferred tax liabilities associated with the fair value measurement of investment securities and other items.」
Under the financial policy of using borrowings, long-term borrowings and the current portion of long-term borrowings decreased by ¥345 million from the end of the previous consolidated fiscal year. - FY2024-Q2Increase in short-term borrowings, decrease in long-term borrowingsAnnual report
「Net cash used in financing activities was ¥120 million. The main factors were a ¥300 million net increase in short-term borrowings, ¥244 million in repayments of long-term borrowings, and ¥139 million in dividend payments.」
Under the financial policy of using borrowings, short-term borrowings increased by ¥300 million on a net basis, while ¥244 million of long-term borrowings was repaid. - FY2024-Q1Lower Long-Term BorrowingsAnnual report
「Decrease of ¥102 million in long-term borrowings, including the current portion」
Long-term borrowings and the current portion of long-term borrowings decreased by ¥102 million from the end of the previous consolidated fiscal year, reflecting a reduction in the balance through repayments under the financial policy of using borrowings. - FY2023-Q3Short- and long-term borrowings increaseAnnual report
「Liabilities totaled ¥10,284 million, an increase of ¥4,388 million from the end of the previous consolidated fiscal year. The main factors were a ¥3,013 million increase in notes and accounts payable, a net increase of ¥789 million in short-term borrowings and long-term borrowings, including the current portion, and a ¥391 million increase in deferred tax liabilities associated with the fair value measurement of investment securities and other items.」
Short-term borrowings and long-term borrowings, including the current portion, increased by ¥789 million on a net basis, resulting in higher liabilities under the financial policy of using borrowings. - FY2023-Q2Increase in Short- and Long-Term BorrowingsAnnual report
「Net cash provided by financing activities was ¥123 million. The main factors were a ¥100 million net increase in short-term borrowings, ¥400 million in proceeds from long-term borrowings, ¥245 million in repayments of long-term borrowings, and ¥114 million in dividend payments.」
The company recorded a net increase in short-term borrowings and proceeds from long-term borrowings, continuing to raise funds after shifting from debt-free management to a financial policy of using borrowings. - FY2023-Q1Lower Long-Term BorrowingsAnnual report
「The main factors were a ¥52 million increase in notes and accounts payable, a ¥114 million decrease in long-term borrowings, including the current portion, and an ¥89 million increase in other current liabilities.」
Long-term borrowings, including the current portion, decreased by ¥114 million from the end of the previous consolidated fiscal year. The company reported a reduction in the balance through repayments during the current quarter under its financial policy of using borrowings. - FY2022Continuing to raise funds for borrowings and capital investmentAnnual report
「Our group finances working capital and capital investment through internal funds or bank borrowings. As of the end of the consolidated fiscal year, the balances of short-term borrowings, the current portion of long-term borrowings and long-term borrowings were ¥200.000 million, ¥410.036 million and ¥199.940 million, respectively.」
Following the shift from debt-free management to a financial policy of using borrowings, the company reported short-term borrowings of ¥200 million, the current portion of long-term borrowings of ¥410 million and long-term borrowings of ¥200 million, and continues to use borrowings for capital investment and other purposes. - FY2022-Q3Continued increase in borrowingsAnnual report
「Liabilities totaled ¥9,326 million, an increase of ¥3,532 million from the end of the previous consolidated fiscal year. The main factors were a ¥3,362 million increase in notes and accounts payable, a ¥350 million increase in the current portion of long-term borrowings, and a ¥151 million decrease in deferred tax liabilities associated with the fair value measurement of investment securities and other items.」
After the policy shifted from debt-free management to using borrowings in the previous fiscal year, the current portion of long-term borrowings increased by ¥350 million, and total liabilities increased by ¥3,532 million. - FY2022-Q2Repayment of Long-Term BorrowingsAnnual report
「The main factors were a ¥414 million increase in notes and accounts payable, a ¥23 million decrease in income taxes payable, a ¥127 million decrease in long-term borrowings, a ¥27 million decrease in liabilities related to retirement benefits, and a ¥23 million decrease in deferred tax liabilities associated with the fair value measurement of investment securities and other items.」
Long-term borrowings at the end of the second quarter decreased by ¥127 million from the end of the previous consolidated fiscal year, reflecting progress in repayments under the borrowing policy adopted in the previous fiscal year. - FY2021ReframedAnnual report
「Although our group had previously continued to pursue a debt-free management policy, during the consolidated fiscal year we borrowed ¥560 million in order to maintain a larger cash balance and further strengthen the stability of our financial base so that we could withstand major changes in the business environment.」
The policy shifted from the previous debt-free management policy to using bank borrowings to maintain a larger cash balance and strengthen the stability of the financial base. The balance of long-term borrowings at the fiscal year-end was ¥515.982 million. - FY2021-Q3Increase in long-term debtAnnual report
「Long-term borrowings - 54」
Long-term borrowings increased from ¥0 million at the end of the previous consolidated fiscal year to ¥54 million. The report does not explain the relationship with, or reasons for, the previous debt-free management policy. - FY2021-Q2Long-term borrowings incurredAnnual report
「Long-term borrowings - 15 " Proceeds from long-term borrowings - 20」
Long-term borrowings of ¥15 million, which were not recorded at the end of the previous consolidated fiscal year, were recognized, and proceeds from long-term borrowings of ¥20 million were reported for the cumulative period of the current quarter. The report does not explain the relationship with, or reasons for, the previous debt-free management policy. - FY2020First statedAnnual report
「As of the end of the consolidated fiscal year, our group continues to pursue a debt-free management policy. Going forward, we will seek to enhance corporate value based on this sound financial position, including through capital investment for future business development and the continuation of stable dividends.」
The company has for the first time presented as a standalone theme its financial policy of continuing its debt-free management policy and using its sound financial position to pursue capital investment, stable dividends and enhanced corporate value.