Loan Discussions with Financial Institutions for Real Estate Acquisitions
First written in FY2017-Q1. 14 of 29 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Cash used in financing activities was ¥24 million, compared with cash used of ¥100 million in the same period of the previous fiscal year. This was mainly due to a decrease in borrowings as sales of real estate projects progressed.」
Borrowings decreased as sales of real estate projects progressed. The total of short-term borrowings, the current portion of long-term borrowings and long-term borrowings decreased from ¥621.649 million at the end of the previous fiscal year to ¥598.093 million, indicating a reduction in outstanding borrowings. - FY2026Short-term borrowings increased; long-term debt repayments continuedAnnual report
「Short-term borrowings 151,900 240,000 / Current portion of long-term borrowings 315,183 303,963 / Long-term borrowings 105,438 77,686」
Short-term borrowings increased from ¥151.9 million to ¥240.0 million, while the current portion of long-term borrowings and long-term borrowings decreased due to repayments. New borrowings and repayments have continued to occur concurrently. - FY2026-H1Increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Cash used in financing activities was ¥100 million, compared with cash used of ¥136 million in the same period of the previous fiscal year. This was mainly due to payment of the year-end dividend for the 29th fiscal year and an increase in borrowings.」
Financing activities resulted in an outflow of ¥100 million. Short-term borrowings increased from ¥151.9 million to ¥223.3 million, while the current portion of long-term borrowings and long-term borrowings decreased due to repayments, indicating that new borrowings and repayments occurred concurrently. - FY2025Increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Cash used in financing activities was ¥177 million, compared with cash provided of ¥342 million in the previous fiscal year. This was mainly due to the repayment of borrowings and payment of the year-end dividend for the 28th fiscal year.」
Short-term borrowings increased from ¥144.6 million to ¥151.9 million, while long-term borrowings decreased due to repayments, and financing activities changed from an inflow of ¥342 million to an outflow of ¥177 million. New borrowings and repayments occurred concurrently. - FY2025-H1Increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Cash used in financing activities was ¥136 million, down 48.7% year on year. This was mainly due to the payment of the year-end dividend for the 28th fiscal year.」
Financing activities in the interim period resulted in an outflow of ¥136 million. While short-term borrowings increased ¥25.8 million from the end of the previous fiscal year, ¥18.656 million in long-term borrowings was repaid, indicating that bank borrowings increased and were repaid concurrently. - FY2025-Q1AdvancedAnnual report
「At the end of the first quarter of the current fiscal year, total liabilities increased ¥48 million from the end of the previous fiscal year to ¥2,321 million. This was mainly due to an increase in short-term borrowings.」
Total liabilities increased ¥48 million from the end of the previous fiscal year due to higher short-term borrowings. The execution of financing involving borrowings for projects and working capital was indicated. - FY2024-Q2MitigatedAnnual report
「At the end of the second quarter of the current fiscal year, total liabilities decreased ¥188 million from the end of the previous fiscal year to ¥1,090 million. This was mainly due to decreases in short-term borrowings and accrued corporate taxes and other taxes.」
Total liabilities decreased ¥188 million from the end of the previous fiscal year, mainly due to lower short-term borrowings. Although the policy of borrowing for projects and working capital remains in place, a reduction in outstanding borrowings was indicated for the current quarter. - FY2024-Q1MitigatedAnnual report
「At the end of the first quarter of the current fiscal year, total liabilities decreased ¥168 million from the end of the previous fiscal year to ¥1,110 million. This was mainly due to decreases in short-term borrowings and accrued corporate taxes and other taxes.」
Total liabilities decreased ¥168 million from the end of the previous fiscal year due to lower short-term borrowings. Although the policy of financing through borrowings for projects and working capital remains in place, a reduction in outstanding borrowings was indicated for the current quarter. - FY2023AdvancedAnnual report
「Liabilities at the end of the current fiscal year were ¥1,279 million, an increase of ¥294 million from the end of the previous fiscal year. This was mainly due to an increase in short-term borrowings for business funding in the real estate business.」
Short-term borrowings for business funding in the real estate business increased, and liabilities rose ¥294 million from the end of the previous fiscal year. The execution of borrowings for project acquisitions and working capital was indicated. - FY2023-Q3AdvancedAnnual report
「At the end of the third quarter of the current fiscal year, total liabilities increased ¥351 million from the end of the previous fiscal year to ¥1,335 million. This was mainly due to an increase in short-term borrowings in the renovation business.」
Total liabilities increased ¥351 million from the end of the previous fiscal year due to higher short-term borrowings in the renovation business. Borrowings for projects and working capital continue to be executed. - FY2023-Q2AdvancedAnnual report
「At the end of the second quarter of the current fiscal year, total liabilities increased ¥214 million from the end of the previous fiscal year to ¥1,199 million. This was mainly due to an increase in short-term borrowings in the renovation business.」
Total liabilities increased ¥214 million from the end of the previous fiscal year due to higher short-term borrowings in the renovation business. The execution of borrowings for projects and working capital was indicated. - FY2023-Q1AdvancedAnnual report
「Short-term borrowings 145,500 180,900 Current portion of long-term borrowings 298,221 301,971 Long-term borrowings 223,050 214,320」
The total of short-term borrowings, the current portion of long-term borrowings and long-term borrowings increased from ¥666,771 thousand at the end of the previous fiscal year to ¥697,191 thousand at the end of the current quarter. Financing involving outstanding borrowings is continuing. - FY2022Shift to repayments exceeding new borrowings for the yearAnnual report
「Cash used in financing activities was ¥64 million, compared with cash provided of ¥191 million in the previous fiscal year. This was mainly because repayments of short-term borrowings and other borrowings and repayments of long-term borrowings exceeded new borrowings in the renovation business.」
While the policy of borrowing from financial institutions and others continues, repayments of short-term and long-term borrowings exceeded new borrowings during the current fiscal year, and cash flow from financing activities changed from an inflow of ¥191 million to an outflow of ¥64 million. - FY2022-Q3AdvancedAnnual report
「Short-term borrowings 91,301 167,700 / Current portion of long-term borrowings 308,831 294,471 / Long-term borrowings 246,720 231,780」
Interest-bearing debt increased from ¥642,934 thousand at the end of the previous quarter to ¥693,951 thousand at the end of the current quarter. Financing involving borrowings is continuing. - FY2022-Q2Decline in borrowings and progress in repaymentsAnnual report
「Cash used in financing activities was ¥88 million, compared with cash provided of ¥103 million in the same period of the previous year. This was mainly due to the acquisition of treasury shares.」
During the quarter, total borrowings decreased from ¥715,753 thousand at the end of the previous quarter to ¥642,934 thousand, mainly due to the repayment of ¥24,320 thousand in long-term borrowings. The company has shifted from financing involving new borrowings through the previous fiscal year to a state involving a decline in outstanding borrowings. - FY2022-Q1AdvancedAnnual report
「Short-term borrowings 91,301 181,202 / Current portion of long-term borrowings 308,831 292,811 / Long-term borrowings 246,720 241,740」
The total of short-term borrowings, the current portion of long-term borrowings and long-term borrowings increased from ¥646,852 thousand at the end of the previous fiscal year to ¥715,753 thousand at the end of the current quarter. Financing involving borrowings is continuing. - FY2021AdvancedAnnual report
「Cash provided by financing activities was ¥191 million, compared with cash used of ¥191 million in the previous fiscal year. This was mainly because new long-term borrowings exceeded repayments of short-term borrowings and other borrowings in the renovation business.」
New long-term borrowings exceeded repayments of short-term borrowings and other borrowings, and cash flow from financing activities turned from an outflow of ¥191 million in the previous fiscal year to an inflow of ¥191 million. The execution of financing involving new borrowings was indicated. - FY2021-Q3AdvancedAnnual report
「At the end of the third quarter of the current fiscal year, total liabilities increased ¥411 million from the end of the previous fiscal year to ¥1,934 million. This was mainly due to increases in short-term borrowings for sales of used homes in the renovation business and long-term borrowings for working capital.」
Short-term borrowings related to sales of used homes and long-term borrowings for working capital increased, and total liabilities rose ¥411 million from the end of the previous fiscal year. Financing through new borrowings is continuing, following the repayment and reduction of borrowings through the previous fiscal year. - FY2021-Q2AdvancedAnnual report
「Cash provided by financing activities was ¥103 million, compared with cash used of ¥163 million in the same period of the previous year. This was mainly due to an increase in borrowings for project funding and working capital.」
Borrowings for project funding and working capital increased, and cash flow from financing activities turned from an outflow of ¥163 million in the same period of the previous year to an inflow of ¥103 million. The company’s financing activity has shifted from repaying and reducing borrowings through the previous fiscal year to raising funds through new borrowings. - FY2021-Q1MitigatedAnnual report
「At the end of the first quarter of the current fiscal year, total liabilities decreased ¥16 million from the end of the previous fiscal year to ¥1,506 million. This was mainly due to a decrease in borrowing obligations as sales of used homes progressed in the renovation business.」
Borrowing obligations declined as sales of used homes progressed, and total liabilities also decreased ¥16 million from the end of the previous fiscal year. Repayment and reduction of borrowings used to acquire projects are continuing. - FY2020RestatedAnnual report
「When purchasing certain inventories and making investments in joint ventures, we obtain borrowings from financial institutions and others as appropriate, taking our funding plan into account.」
The policy and track record of borrowing from financial institutions and others in line with the funding plan for project acquisitions and joint-venture investments have been reiterated. - FY2020-Q3AdvancedAnnual report
「At the end of the third quarter of the current fiscal year, total liabilities decreased ¥248 million from the end of the previous fiscal year to ¥929 million. This was mainly due to a decrease in borrowing obligations as sales of used homes progressed in the renovation business, and a decrease in accrued corporate taxes and other taxes following payment of taxes for the previous fiscal year.」
Borrowing obligations continued to decline as sales of used homes progressed, and total liabilities decreased ¥248 million from the end of the previous fiscal year to ¥929 million. This indicates progress toward the repayment stage for borrowings. - FY2020-Q2AdvancedAnnual report
「Cash used in financing activities was ¥163 million, compared with cash provided of ¥1,358 million in the same period of the previous year. This was mainly due to the repayment of short-term borrowings as projects progressed.」
Short-term borrowings of ¥163 million were repaid as projects progressed. While this does not represent new progress in the financing discussions themselves, it indicates a transition to the repayment stage for borrowings used to acquire projects. - FY2019RestatedAnnual report
「When purchasing certain inventories and making investments in joint ventures, we obtain borrowings from financial institutions and others as appropriate, taking our funding plan into account.」
The policy and track record of borrowing from financial institutions and others in line with the funding plan for project acquisitions and joint-venture investments have been reiterated. - FY2018AdvancedAnnual report
「This was mainly due to an increase in borrowings for new business investments.」
Liabilities increased ¥556 million from the end of the previous fiscal year due to higher borrowings for new business investments. Progress in executing the financing discussions was indicated, but the risks associated with greater reliance on borrowings have also increased. - FY2018-Q3AdvancedAnnual report
「At the end of the third quarter of the current fiscal year, total liabilities increased ¥842 million from the end of the previous fiscal year to ¥3,049 million. This was mainly due to an increase in borrowings related to new projects.」
An increase in borrowings related to new projects was indicated, showing progress in financing through borrowings for real estate project acquisitions. However, the status of financing discussions with financial institutions itself was not described. - FY2017MitigatedAnnual report
「We believe that flexible financing, including loans from financial institutions and others, will be necessary for further growth.」
The previously stated prolongation of financing discussions beyond expectations was not reiterated, while securing funds and improving the confidence of business partners and others were mentioned. However, financing from financial institutions and others is still considered necessary for further growth. - FY2017-Q2WorsenedAnnual report
「The financing discussions are taking longer than expected, making the strengthening of the group’s financial base and restoration of its creditworthiness urgent issues.」
It has been explicitly stated that financing discussions with financial institutions and others are taking longer than expected, indicating more strongly than before that the discussions are being prolonged. - FY2017-Q1First statedAnnual report
「To achieve an early recovery in business performance, we have continued discussions with financial institutions and others to obtain financing for real estate projects in progress and under discussion.」
The company continues to discuss financing with financial institutions and others to secure funds for acquiring real estate projects.