Committed Credit Lines and Diversification of Funding Sources
First written in FY2016. 3 of 10 entries say "Softened", first in FY2017. Latest entry: FY2026.
- FY2026Increase in drawn balanceAnnual report
「To secure working capital efficiently, we have entered into a ¥4.6 billion syndicated commitment line agreement with a total of 7 banks, including our relationship banks. The outstanding amount drawn under this agreement at the end of the fiscal year was ¥2.5 billion.」
While the total commitment line remained at ¥4.6 billion, the number of participating banks decreased from 8 to 7 and the outstanding amount drawn increased from ¥2 billion to ¥2.5 billion. - FY2025SoftenedAnnual report
「To secure working capital efficiently, we have entered into a ¥4.6 billion syndicated commitment line agreement with a total of 8 banks, including our relationship banks. The outstanding amount drawn under this agreement at the end of the fiscal year was ¥2 billion.」
The commitment line has been maintained, but the number of participating banks decreased from 9 in the previous disclosure to 8, and the total amount decreased from ¥5 billion to ¥4.6 billion. - FY2023The number of participating banks decreased to 9.Annual report
「In addition, to secure working capital efficiently, we have entered into a ¥5 billion syndicated commitment line agreement with a total of 9 banks, including our relationship banks. The outstanding amount drawn under this agreement at the end of the fiscal year was ¥2 billion.」
While the ¥5 billion commitment line and ¥2 billion outstanding amount drawn were maintained, the number of participating banks decreased from 11 in the previous fiscal year to 9. - FY2022AdvancedAnnual report
「The company has entered into a syndicated commitment line agreement totaling ¥5 billion with 11 banks, including its relationship banks, to obtain working capital efficiently. Borrowings drawn under the agreement totaled ¥2 billion at the end of the current fiscal year.」
The company disclosed that the commitment line was expanded from the previous fiscal year's 5 banks and ¥4.2 billion to 11 banks and ¥5 billion, while the outstanding amount drawn was ¥2 billion. - FY2021SoftenedAnnual report
「In addition, to secure working capital efficiently, we have entered into a ¥4.2 billion syndicated commitment line agreement with a total of 5 banks, including our relationship banks. The outstanding amount drawn under this agreement at the end of the fiscal year was ¥2 billion.」
The commitment line has been maintained, while the number of participating banks decreased from 11 to 5 and the total amount decreased from ¥5 billion to ¥4.2 billion. The outstanding amount drawn remained unchanged at ¥2 billion. - FY2020Increase in the number of participating banksAnnual report
「The company has entered into a syndicated commitment line agreement totaling ¥5 billion with 11 banks, including its relationship banks, to obtain working capital efficiently. Borrowings drawn under the agreement totaled ¥2 billion at the end of the current fiscal year.」
The total commitment lines of ¥5 billion and ¥2 billion in borrowings drawn were maintained, while the number of participating banks increased from 10 in the previous fiscal year to 11. - FY2019RestatedAnnual report
「To obtain working capital efficiently, the company has entered into a syndicated commitment line agreement totaling ¥5 billion with 10 banks, including its relationship banks. Borrowings drawn under the agreement totaled ¥2 billion at the end of the current fiscal year.」
Disclosed commitment lines totaling ¥5 billion with 10 banks and ¥2 billion in borrowings drawn, maintaining the framework for addressing liquidity risk. - FY2018RestatedAnnual report
「To obtain working capital efficiently, the company has entered into a syndicated commitment line agreement totaling ¥5 billion with 10 banks, including its relationship banks. Borrowings drawn under the agreement totaled ¥2 billion at the end of the current fiscal year.」
Disclosed commitment lines totaling ¥5 billion with 10 banks and ¥2 billion in borrowings drawn, with no changes to the framework reported from the previous fiscal year. - FY2017SoftenedAnnual report
「Total commitment lines ¥5,000 million Borrowings drawn ¥2,000 million Available amount ¥3,000 million」
The commitment line agreements remain in place, but total commitments decreased from ¥5,750 million in the previous fiscal year to ¥5,000 million, while undrawn borrowing capacity decreased from ¥3,750 million to ¥3,000 million. - FY2016First statedAnnual report
「To prepare for situations in which it becomes difficult to obtain unsecured short-term funding such as call money, the company has entered into commitment line agreements. It also addresses liquidity risk by maintaining on-hand liquidity and holding highly liquid assets.」
As measures to address liquidity risk, the company cites commitment lines, on-hand liquidity, and highly liquid assets. The total commitment lines amount to ¥5,750 million, with ¥3,750 million in undrawn borrowing capacity.