Diversification of Funding Sources and Liquidity Management through ALM

「To address future interest rate movements, the company is working to maintain financial soundness through more sophisticated ALM, including the establishment of an optimal funding mix that takes variable-rate products into account.」

「Funds obtained from financing activities totaled ¥49.159 billion (compared with ¥1.468 billion in the same interim period of the previous year). The main sources of cash were ¥173.430 billion from securitized receivables borrowings, ¥77.083 billion from long-term borrowings, ¥39.084 billion from share issuance, and ¥14 billion from bond issuance. The main uses of cash were ¥164.018 billion for the repayment of securitized receivables borrowings and ¥87.071 billion for the repayment of long-term borrowings.」

「While working to contain increases in funding costs, the company obtains approximately 70% of its funding at fixed rates to avoid excessive exposure to interest rate volatility. To address future interest rate movements, the company is working to maintain financial soundness through more sophisticated ALM, including the introduction of variable-rate products and the establishment of an optimal funding mix aligned with its business assets.」

「The main sources of cash were ¥364.323 billion from securitized receivables borrowings and ¥267.984 billion from long-term borrowings. The main uses of cash were ¥270.429 billion for the repayment of securitized receivables borrowings, ¥173.998 billion for the repayment of long-term borrowings, and ¥61.198 billion for bond redemptions.」

「Funds obtained from financing activities totaled ¥158.887 billion (compared with ¥91.509 billion in the same period of the previous year). The main sources of cash were ¥200.784 billion from securitized receivables borrowings, ¥125.748 billion from long-term borrowings, and ¥29 billion from bond issuance. The main uses of cash were ¥131.657 billion for the repayment of securitized receivables borrowings and ¥71.745 billion for the repayment of long-term borrowings.」

「During the accounting period, the company securitized receivables to diversify its funding sources, generating gains on the transfer of receivables and increasing financial income.」

「The main sources of cash were ¥378.907 billion from securitized receivables borrowings, ¥232.963 billion from long-term borrowings, ¥57.944 billion from bond issuance, and ¥26.8 billion from an increase in commercial paper,」

「Funds obtained from financing activities totaled ¥91.509 billion (compared with ¥104.066 billion in the same period of the previous year). The main sources of cash were ¥167.131 billion from securitized receivables borrowings, ¥93.094 billion from long-term borrowings, and ¥20 billion from an increase in commercial paper. The main uses of cash were ¥100.866 billion for the repayment of securitized receivables borrowings and ¥84.044 billion for the repayment of long-term borrowings.」

「The company has established committed credit lines totaling ¥130 billion with domestic financial institutions, providing additional liquidity.」

「The main sources of cash were ¥155.142 billion from securitized receivables borrowings, ¥40 billion from bond issuance, and ¥36.094 billion from long-term borrowings. The main uses of cash were ¥78.231 billion for the repayment of securitized receivables borrowings and ¥46.908 billion for the repayment of long-term borrowings.」

「To ensure a stable supply of the funds required to maintain and expand the Group's business activities, the company raises funds broadly through borrowings from financial institutions, primarily its main banks, as well as bond issuance, commercial paper issuance, and securitization of receivables.」

「Funds obtained from financing activities totaled ¥118.570 billion (compared with ¥223.497 billion in the same period of the previous year). The main sources of cash were ¥127.086 billion from securitized receivables borrowings, ¥51.209 billion from long-term borrowings, and ¥47.5 billion from an increase in commercial paper. The main uses of cash were ¥57.974 billion for the repayment of securitized receivables borrowings and ¥32.540 billion for the repayment of long-term borrowings.」

「The main sources of cash were ¥274.768 billion from long-term borrowings, ¥235.185 billion from securitized receivables borrowings, and ¥67.431 billion from bond issuance,」

「The main sources of cash were ¥251.261 billion from long-term borrowings, ¥85.420 billion from an increase in short-term borrowings, and ¥20 billion from bond issuance. The main use of cash was ¥121.139 billion for the repayment of long-term borrowings.」

「The main sources of cash were ¥165.789 billion from long-term borrowings, ¥34.824 billion from an increase in short-term borrowings, ¥33 billion from an increase in commercial paper, and ¥30 billion from bond issuance,」

「The company has established committed credit lines totaling ¥100 billion with domestic financial institutions, providing additional liquidity.」

「Through asset-liability management (ALM), the Group manages funding across the Group on a timely basis and manages liquidity risk by diversifying funding sources, obtaining committed lines from multiple financial institutions, and adjusting the balance between short- and long-term funding in light of market conditions.」