Addressing the Increase in Operating Assets Through Receivables Securitization and Bond Issuance
First written in FY2017-Q2. 11 of 27 entries say "Advanced", first in FY2017. Latest entry: FY2026.
16 other companies' latest entry also says "Other".
- FY2026Continued repayment of interest-bearing debtAnnual report
「Total assets decreased by ¥37.2 billion from ¥2,881.6 billion at the end of the previous consolidated fiscal year to ¥2,844.4 billion. This was mainly due to a decrease in cash and deposits associated with the repayment of interest-bearing debt and other factors. Total liabilities decreased by ¥47.8 billion from ¥2,635.1 billion at the end of the previous consolidated fiscal year to ¥2,587.2 billion. This was mainly due to a decrease in interest-bearing debt.」
The reduction in interest-bearing debt that began in the previous fiscal year progressed, and total liabilities decreased by ¥47.8 billion. Repayment of interest-bearing debt was the main factor behind the decrease in cash and deposits. - 2026-05-15OtherEarnings
「This was mainly due to progress in the repayment of interest-bearing debt and other factors.」
Repayment of interest-bearing debt progressed, resulting in a ¥68.0 billion decrease in funds from financing activities. - FY2026-H1Continued repayment of interest-bearing debtAnnual report
「Total assets decreased by ¥40.2 billion from ¥2,881.6 billion at the end of the previous consolidated fiscal year to ¥2,841.4 billion. This was mainly due to a decrease in cash and deposits associated with the repayment of interest-bearing debt and other factors. Total liabilities decreased by ¥38.1 billion from ¥2,635.1 billion at the end of the previous consolidated fiscal year to ¥2,596.9 billion. This was mainly due to a decrease in interest-bearing debt.」
The reduction in interest-bearing debt that began in the previous year progressed, and total liabilities decreased by ¥38.1 billion from the previous year-end. Repayment of interest-bearing debt was a factor in the decrease in cash and deposits. - FY2024-Q2AdvancedAnnual report
「Proceeds from issuance of bonds － 49,757」
The issuance of new bonds resulted in a ¥63.3 billion increase in cash provided by financing activities for the six months ended the second quarter. Total liabilities decreased from the previous year-end due to a decrease in accounts payable for credit guarantees. - FY2024-Q1Continued decrease in borrowingsAnnual report
「Total liabilities decreased by ¥14.1 billion from ¥3,440.2 billion at the end of the previous consolidated fiscal year to ¥3,426.1 billion. This was mainly due to a decrease in borrowings.」
The trend of reducing interest-bearing debt continued from the previous year, and total liabilities decreased by ¥14.1 billion from the previous year-end due to a decrease in borrowings. - FY2023Decrease in interest-bearing debt and commercial paperAnnual report
「Total interest-bearing debt was ¥1,737.5 billion, down ¥67.3 billion from the end of the previous fiscal year. Net cash used in financing activities during the consolidated fiscal year was ¥80.6 billion, an increase of ¥40.5 billion in outflows from the previous year. This was mainly due to progress in the redemption of commercial paper and other factors.」
The trend shifted from increased funding associated with the expansion of transaction volume, with interest-bearing debt down ¥67.3 billion from the previous year-end and commercial paper redemptions also progressing. - FY2023-Q3Continued Reduction in Interest-Bearing DebtAnnual report
「Total liabilities decreased by ¥76.2 billion from ¥3,535.2 billion at the end of the previous consolidated fiscal year to ¥3,458.9 billion. This was mainly due to decreases in bonds and long-term borrowings.」
The trend shifted from increased funding to support the expansion of transaction volume, with total liabilities down ¥76.2 billion from the previous year-end due to decreases in bonds and long-term borrowings. - FY2023-Q2Continued Reduction in Interest-Bearing DebtAnnual report
「Total liabilities decreased by ¥88.6 billion from ¥3,535.2 billion at the end of the previous consolidated fiscal year to ¥3,446.5 billion. This was mainly due to a decrease in interest-bearing debt.」
The trend shifted from increased funding to support the expansion of transaction volume through the previous period, with total liabilities down ¥88.6 billion from the previous year-end due to a decrease in interest-bearing debt. - FY2023-Q1Continued Reduction in Interest-Bearing DebtAnnual report
「Total liabilities decreased by ¥63.1 billion from ¥3,535.2 billion at the end of the previous consolidated fiscal year to ¥3,472.0 billion. This was mainly due to a decrease in interest-bearing debt.」
The company shifted from its previous pattern of increasing funding to support transaction-volume growth. Total liabilities also decreased by ¥63.1 billion from the end of the previous consolidated fiscal year due to a decrease in interest-bearing debt. - FY2022-Q3RestatedAnnual report
「Total liabilities decreased by ¥36.5 billion from ¥3,585.4 billion at the end of the previous consolidated fiscal year to ¥3,548.9 billion. This was mainly due to the repayment of interest-bearing debt in light of the level of cash and cash equivalents on hand.」
Total liabilities declined from the end of the previous consolidated fiscal year due to repayment of interest-bearing debt in light of the level of cash and cash equivalents on hand. The trend of reducing interest-bearing debt from the previous quarter continued. - FY2022-Q2Continued reduction of interest-bearing debtAnnual report
「Total liabilities decreased by ¥52.5 billion from ¥3,585.5 billion at the end of the previous consolidated fiscal year to ¥3,533.0 billion. This was mainly due to a reduction in interest-bearing debt accompanying a decrease in asset balances, including installment accounts receivable, and a decrease in credit guarantee accounts payable.」
The company shifted from its previous pattern of increasing funding to support transaction-volume growth. Total liabilities decreased by ¥52.5 billion due to a reduction in interest-bearing debt accompanying the decline in asset balances. The company also repaid commercial paper. - FY2022-Q1Repayment of interest-bearing debt and decrease in fundingAnnual report
「Total liabilities decreased by ¥43.4 billion from ¥3,585.5 billion at the end of the previous consolidated fiscal year to ¥3,542.1 billion. This was mainly due to the repayment of interest-bearing debt in light of the level of cash and cash equivalents on hand.」
The company shifted from its previous pattern of increasing funding to support transaction-volume growth and repaid interest-bearing debt in light of the level of cash and cash equivalents on hand. - FY2021AdvancedAnnual report
「In funding operations, while monitoring changes in market conditions, we secure funds in a stable and efficient manner by using various funding sources, including cash on hand, borrowings, bonds and commercial paper. We also continue to raise funds through receivables securitization using operating assets held by the company.」
The company continued to use multiple funding sources and receivables securitization. Interest-bearing debt at the end of the period was ¥1,817.8 billion, an increase of ¥83.0 billion from the end of the previous fiscal year. - FY2021-Q3Change in funding mixAnnual report
「Total liabilities decreased by ¥57.0 billion from ¥5,333.2 billion at the end of the previous consolidated fiscal year to ¥5,276.1 billion. This was mainly due to a decrease in credit guarantee accounts payable, despite increases in commercial paper, short-term borrowings and other liabilities.」
Total liabilities decreased as the decline in credit guarantee accounts payable outweighed increases in commercial paper, short-term borrowings and other liabilities. This indicates a change in the funding mix. - FY2021-Q2AdvancedAnnual report
「This was because the company expanded funding through commercial paper, short-term borrowings and other instruments in response to the steady performance of its payment and guarantee businesses and the recovery in card-shopping transaction volume since June.」
The company expanded funding through commercial paper, short-term borrowings and other instruments in response to the steady performance of its payment and guarantee businesses and the recovery in card shopping. Cash provided by financing activities increased by ¥44.3 billion. - FY2021-Q1AdvancedAnnual report
「Total liabilities increased by ¥10.2 billion from ¥5,333.2 billion at the end of the previous consolidated fiscal year to ¥5,343.4 billion. This was mainly due to an increase in commercial paper.」
Commercial paper increased as the company funded its operating assets and business operations, while total liabilities increased by ¥10.2 billion from the end of the previous consolidated fiscal year. - FY2020AdvancedAnnual report
「This was due, among other factors, to increased funding through borrowings and commercial paper to meet the increase in funds required as transaction volume expanded.」
To meet the increase in funds required as transaction volume expanded, the company increased funding through borrowings and commercial paper. Interest-bearing debt increased by ¥76.1 billion from the end of the previous fiscal year to ¥1,734.8 billion. - FY2020-Q3AdvancedAnnual report
「Total liabilities increased by ¥65.6 billion from ¥5,286.4 billion at the end of the previous consolidated fiscal year to ¥5,352.0 billion. This was mainly due to an increase in interest-bearing debt, including commercial paper and bonds, to fund the increase in operating assets.」
Funding through interest-bearing debt, including commercial paper and bonds, increased to fund the increase in operating assets. - FY2020-Q2AdvancedAnnual report
「Cash provided by financing activities increased by ¥88.7 billion, including a ¥30.0 billion year-on-year increase in inflows. This was mainly due to an increase in interest-bearing debt. As the funds required increased with the growth in transaction volume, the company increased funding through interest-bearing debt.」
To meet the increase in funds required as transaction volume expanded, the company increased funding through interest-bearing debt. Cash provided by financing activities increased by ¥88.7 billion. - FY2019AdvancedAnnual report
「As the funds required increased with the growth in transaction volume, the company increased funding through borrowings, bonds and commercial paper.」
To meet the increase in funds required as transaction volume expanded, the company increased funding through borrowings, bonds and commercial paper. Interest-bearing debt increased by ¥170.6 billion from the end of the previous fiscal year. - FY2019-Q2AdvancedAnnual report
「As the funds required increased with the growth in transaction volume, the company increased funding through borrowings and bonds.」
To meet the increase in funds required as transaction volume expanded, the company increased funding through borrowings and bonds. During the cumulative second-quarter period, proceeds from long-term borrowings were ¥206.692 billion, while proceeds from bond issuance were ¥19.874 billion. - FY2018-Q3RestatedAnnual report
「Total liabilities increased by ¥96.7 billion from ¥5,025.1 billion at the end of the previous consolidated fiscal year to ¥5,121.8 billion. This was mainly because the company issued commercial paper and other instruments, which can be raised at relatively low interest rates, to fund the increase in operating assets.」
The company continues to use commercial paper and other instruments that can be raised at relatively low interest rates to fund the increase in operating assets. - FY2018-Q2AdvancedAnnual report
「Total liabilities increased by ¥88.8 billion from ¥5,025.1 billion at the end of the previous consolidated fiscal year to ¥5,113.9 billion. This was mainly because the company issued commercial paper and other instruments, which can be raised at relatively low interest rates, to fund the increase in operating assets.」
The company continues to issue commercial paper and other instruments to fund the increase in operating assets. It disclosed that ¥330.7 billion was raised through receivables securitization during the cumulative second-quarter period. - FY2018-Q1ReframedAnnual report
「Total liabilities increased by ¥14.4 billion from ¥5,025.1 billion at the end of the previous consolidated fiscal year to ¥5,039.5 billion. This was mainly because the company issued commercial paper, which can be raised at relatively low interest rates, to fund the increase in operating assets.」
The description of how the company funds the increase in operating assets changed from issuing bonds to issuing commercial paper, which can be raised at relatively low interest rates. - FY2017AdvancedAnnual report
「In the consolidated fiscal year, the company raised ¥574.2 billion through receivables securitization.」
The company raised ¥574.2 billion through receivables securitization over the full year, funding the increase in operating assets together with bond issuance and an increase in long-term borrowings. - FY2017-Q3RestatedAnnual report
「Total liabilities increased by ¥51.7 billion from ¥4,878.8 billion at the end of the previous consolidated fiscal year to ¥4,930.5 billion. This was mainly because the company issued bonds, which can be raised at relatively low interest rates, to fund the increase in operating assets.」
The company continues its policy and measures of issuing bonds that can be raised at relatively low interest rates to fund the increase in operating assets. - FY2017-Q2First statedAnnual report
「Total liabilities increased by ¥23.4 billion from ¥4,878.8 billion at the end of the previous consolidated fiscal year to ¥4,902.3 billion. This was mainly because the company issued bonds, which can be raised at relatively low interest rates, to fund the increase in operating assets.」
To fund the increase in operating assets, the company issued bonds that can be raised at relatively low interest rates. It separately disclosed ¥250.4 billion in funding through receivables securitization.