Financing Centered on Bank Borrowings and Use of Non-Speculative Derivatives
First written in FY2016. 6 of 26 entries say "Restated". Latest entry: FY2026.
Hasegawa moved to the "Worse" side of this theme in 2025.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「We will maintain appropriate retained earnings to prepare for unforeseen circumstances and future M&A and capital alliances, while introducing progressive dividends as our dividend policy and continuing stable shareholder returns.」
Preparations for future M&A and capital alliances were organized as a policy of maintaining retained earnings and allocating capital, rather than relying on long-term borrowings. - FY2026-H1ReframedAnnual report
「Of this, funds required for taxes, dividend payments and bonus payments are to be sourced through short-term borrowings, while funds for other working capital, capital expenditures, M&A investments, business deposits (grave construction rights) and sales deposits are to be sourced through long-term borrowings, generally with terms of no more than 5 years.」
M&A investments were explicitly added to the uses of long-term borrowings, clarifying the policy for funding investments, including acquisitions. - FY2025-H1Drawn overdraft balance decreased to zeroAnnual report
「Overdraft limit ¥3,000 million ¥3,000 million Drawn balance – –」
While maintaining the ¥3 billion overdraft limit, the drawn balance fell from the previously disclosed ¥300 million to zero at the end of the interim accounting period. - FY2024-Q3Drawn balance under the overdraft facility decreased to ¥300 millionAnnual report
「Overdraft limit ¥3,000 million ¥3,000 million Drawn balance – ¥300 million」
While maintaining the ¥3 billion overdraft limit, the drawn balance increased from zero at the end of the previous fiscal year to ¥300 million. This was down from ¥375 million at the end of the first quarter, as previously disclosed. - FY2024-Q1Drawn overdraft balance increased to ¥375 millionAnnual report
「Overdraft facility limit ¥3,000 million ¥3,000 million Drawn balance — ¥375 million」
While the company maintained the ¥3.0 billion overdraft facility limit, the drawn balance increased from zero at the end of the previous fiscal year to ¥375 million. - FY2023Drawn overdraft balance was zeroAnnual report
「The undrawn amount under this agreement at the end of the fiscal year was as follows. Overdraft facility limit ¥3,000 million Drawn balance —」
While the company maintained the ¥3.0 billion overdraft facility limit, the drawn balance was zero at the end of the fiscal year. - FY2023-Q3Drawn overdraft balance increased to ¥225 millionAnnual report
「Overdraft facility limit ¥3,000 million ¥3,000 million Drawn balance — ¥225 million」
While the company maintained the ¥3.0 billion overdraft facility limit, the drawn balance increased from zero at the end of the previous fiscal year to ¥225 million. - FY2023-Q2Drawn overdraft balance decreased to zeroAnnual report
「Overdraft facility limit ¥3,000 million ¥3,000 million Drawn balance — —」
While the company maintained the ¥3.0 billion overdraft facility limit, the drawn balance was zero at the end of the second quarter. - FY2023-Q1Drawn overdraft balance increased to ¥225 millionAnnual report
「Drawn balance — ¥225 million」
While the company maintained the ¥3.0 billion overdraft facility limit, the drawn balance increased from zero at the end of the previous fiscal year to ¥225 million. - FY2022Drawn overdraft balance decreased to zeroAnnual report
「Overdraft facility limit ¥6,000 million ¥3,000 million Drawn balance — —」
The overdraft facility limit decreased from ¥6.0 billion at the end of the previous fiscal year to ¥3.0 billion, and the drawn balance was zero at the end of the current fiscal year. - FY2022-Q3Drawn overdraft balance increased to ¥600 millionAnnual report
「Overdraft facility limit ¥6,000 million ¥3,000 million Drawn balance — ¥600 million」
The overdraft facility limit decreased from ¥6.0 billion at the end of the previous consolidated fiscal year to ¥3.0 billion, and the drawn balance was ¥600 million at the end of the third quarter. - FY2022-Q2Overdraft facility limit decreased from ¥6.0 billion to ¥3.0 billion and the drawn balance was zeroAnnual report
「Overdraft facility limit ¥6,000 million ¥3,000 million Drawn balance — —」
The overdraft facility limit decreased from ¥6.0 billion at the end of the previous consolidated fiscal year to ¥3.0 billion, and the drawn balance was zero at the end of the second quarter. - FY2022-Q1Overdraft facility limit decreased from ¥6.0 billion to ¥3.0 billion and borrowings were drawnAnnual report
「To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.0 billion.」
The overdraft facility limit decreased from ¥6.0 billion at the end of the previous consolidated fiscal year to ¥3.0 billion, and the drawn balance was ¥300 million at the end of the first quarter. - FY2021-Q3Drawn overdraft balance decreased to zeroAnnual report
「Overdraft facility limit ¥6,000 million Drawn balance —」
While the company maintained the ¥6.0 billion overdraft facility limit, the drawn balance of ¥500 million disclosed at the end of the second quarter fell to zero at the end of the third quarter. - FY2021-Q2Maintained the ¥6.0 billion overdraft facility limit and disclosed the drawn balanceAnnual report
「Overdraft facility limit ¥6,000 million Drawn balance ¥500 million」
The company maintained the ¥6.0 billion overdraft facility limit with 5 relationship banks and disclosed a drawn balance of ¥500 million at the end of the second quarter. - FY2021-Q1Overdraft facility limit doubled and borrowings drawnAnnual report
「To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥6.0 billion.」
The total overdraft facility limit with 5 relationship banks increased from ¥3.0 billion at the end of the previous fiscal year to ¥6.0 billion, and the drawn balance was ¥1.5 billion at the end of the first quarter. - FY2020-Q3RestatedAnnual report
「Our group raises funds for working capital and capital expenditures through internal funds or bank borrowings. Of the funds raised through borrowings, working capital is financed through short-term borrowings, while funds for capital expenditures and business security deposits related to cemetery rights and other matters are financed through long-term borrowings, generally with a term of no more than 5 years. To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.0 billion.」
The company continues to maintain a financial policy based primarily on internal funds or bank borrowings, distinguishing the uses of short- and long-term borrowings and using overdraft agreements with 5 banks. - FY2020-Q2RestatedAnnual report
「Our group raises funds for working capital and capital expenditures through internal funds or bank borrowings. Of the funds raised through borrowings, working capital is financed through short-term borrowings, while funds for capital expenditures and business security deposits related to cemetery rights and other matters are financed through long-term borrowings, generally with a term of no more than 5 years. To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.0 billion.」
The company continues to maintain a financial policy based primarily on internal funds or bank borrowings, distinguishing the uses of short- and long-term borrowings and using overdraft agreements with 5 banks. - FY2020-Q1RestatedAnnual report
「To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.0 billion.」
The company continues to maintain a financial policy based primarily on internal funds or bank borrowings and using overdraft agreements with 5 banks. - FY2019Overdraft facility limit decreased to ¥3.0 billionAnnual report
「To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.0 billion.」
The total overdraft facility limit with 5 relationship banks decreased to ¥3.0 billion from ¥3.4 billion at the end of the third quarter and ¥3.1 billion at the end of the previous fiscal year. - FY2019-Q3Increase in overdraft limitAnnual report
「To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.4 billion.」
The total overdraft facility limit with 5 relationship banks increased from the previously reported ¥3.3 billion to ¥3.4 billion. - FY2019-Q2Increase in overdraft limitAnnual report
「To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.3 billion.」
The total overdraft facility limit with 5 banks increased from the previously reported ¥3.1 billion to ¥3.3 billion. - FY2019-Q1RestatedAnnual report
「We raise funds for working capital and capital expenditures through internal funds or bank borrowings. Of the funds raised through borrowings, working capital is financed through short-term borrowings, while funds for capital expenditures and business security deposits related to cemetery rights are financed through long-term borrowings, generally with a term of no more than 5 years. To raise working capital efficiently, we have entered into overdraft agreements with 5 of our relationship banks, with a total overdraft facility limit of ¥3.1 billion.」
The company has reaffirmed a financial policy based primarily on internal funds or bank borrowings, distinguishing the uses of short- and long-term borrowings and using overdraft agreements with 5 banks. - FY2018RestatedAnnual report
「We limit the investment of funds to short-term deposits and similar instruments, and our policy is to raise funds through bank borrowings. Derivatives transactions are conducted to hedge against the risk of future changes in interest rates, and we do not engage in speculative transactions. The notional amount of such transactions may not exceed the outstanding balance of borrowings.」
The company has reaffirmed its financial policy limiting derivatives use to short-term deposits, bank borrowings and hedging against interest rate fluctuations. - FY2017RestatedAnnual report
「We limit the investment of funds to short-term deposits and similar instruments, and our policy is to raise funds through bank borrowings. Derivatives transactions are conducted to hedge against the risk of future changes in interest rates, and we do not engage in speculative transactions. The notional amount of such transactions may not exceed the outstanding balance of borrowings.」
The company continues to maintain a financial policy limiting derivatives use to short-term deposits, bank borrowings and hedging against interest rate fluctuations. - FY2016First statedAnnual report
「We limit the investment of funds to short-term deposits and similar instruments, and our policy is to raise funds through bank borrowings. Derivatives transactions are conducted to hedge against the risk of future changes in interest rates and foreign exchange rates, and we do not engage in speculative transactions.」
A financial policy limiting fund investments to short-term deposits and generally relying on borrowings and derivatives for hedging purposes.