Funding Primarily from Internal Funds and Maintaining Liquidity
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「The Group's basic policy is to secure a stable supply of funds necessary to maintain and expand its business activities, and it primarily uses internal funds. The Group's interest-bearing debt stood at ¥1,159 million, while cash and cash equivalents stood at ¥25,231 million, and the Group is considered to have secured the working capital and capital investment funds necessary to maintain and expand its business.」
The company continues its funding policy of primarily using internal funds and discloses interest-bearing debt of ¥1,159 million and cash and cash equivalents of ¥25,231 million. - FY2020-Q1RestatedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, the Group's total assets amounted to ¥118,182 million, an increase of ¥420 million from the end of the previous consolidated fiscal year.」
There has been no change in the policy of relying primarily on internal funds, and the company discloses its financial position, including assets and liabilities, at the end of the quarter. - FY2019First statedAnnual report
「The Group's basic policy is to secure a stable supply of funds necessary to maintain and expand its business activities, and it primarily uses internal funds. The Group's interest-bearing debt stood at ¥3,812 million, while cash and cash equivalents stood at ¥43,956 million, and the Group is considered to have secured the working capital and capital investment funds necessary to maintain and expand its business.」
The company primarily funds the capital required to maintain and expand its business with internal funds, and explains its funding capacity by presenting its cash and interest-bearing debt balances.