Liquidity Risk from Deteriorating Financing Conditions
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 12 of 50 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Fewer banks under the agreement and higher outstanding borrowingsAnnual report
「To raise working capital efficiently, the company has entered into a syndicated commitment line agreement totaling ¥4.6 billion with a total of 7 banks, including its relationship banks. Outstanding borrowings under this agreement at the end of the fiscal year were ¥2.5 billion.」
The total commitment line was maintained at ¥4.6 billion, but the number of banks under the agreement decreased from 8 to 7, while outstanding borrowings increased from ¥2.0 billion to ¥2.5 billion. - FY2025RestatedAnnual report
「To avoid liquidity-related risks of this kind, the company has taken various measures, including a syndicated loan under a commitment line agreement, holding highly liquid assets, securing cash on hand, and establishing a liquidity contingency plan.」
The company continues to cite commitment lines, liquid assets, cash on hand and a contingency plan as measures to address difficulty in raising funds. - FY2021RestatedAnnual report
「To avoid liquidity-related risks of this kind, the company has taken various measures, including a syndicated loan under a commitment line agreement, holding highly liquid assets, securing cash on hand, and establishing a liquidity contingency plan.」
The company reaffirms the risk of difficulty in raising funds and deterioration in funding terms, and its responses through commitment lines, liquid assets, cash on hand and a contingency plan. - FY2019RestatedAnnual report
「In addition to bank borrowings, the company raises funds from the market through call money. If monetary tightening or a decline in the company’s creditworthiness prevents it from securing the funds it needs, or forces it to raise funds at significantly higher interest rates than usual, this could affect operating performance and financial condition.」
The company reiterates the risk of difficulty in raising funds and higher funding interest rates for funding through bank borrowings and call money. - FY2018RestatedAnnual report
「In addition to bank borrowings, the company raises funds from the market through call money. If monetary tightening or a decline in the company’s creditworthiness prevents it from securing the funds it needs, or forces it to raise funds at significantly higher interest rates than usual, this could affect operating performance and financial condition.」
The company reiterates the risk of difficulty in raising funds and higher funding interest rates for funding through bank borrowings and call money. - FY2017RestatedAnnual report
「If monetary tightening or a decline in the company’s creditworthiness prevents it from securing the funds it needs, or forces it to raise funds at significantly higher interest rates than usual, this could affect operating performance and financial condition.」
The company reiterates the risk of difficulty in raising funds and higher funding interest rates for funding through bank borrowings and call money. - FY2016First statedAnnual report
「If monetary tightening or a decline in the company’s creditworthiness prevents it from securing the funds it needs, or forces it to raise funds at significantly higher interest rates than usual, this could affect operating performance and financial condition.」
For funding dependent on bank borrowings and call money, the company identifies difficulty in raising funds and higher funding costs as risks.