Diversification of financing through a combination of borrowings, bond issuance, share issuance and other methods
First written in FY2016. 18 of 21 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「New shares were issued through a third-party allotment on 1 April 2026.」
In addition to borrowings and bonds, the company carried out a third-party allotment with ITOCHU Corporation as the allottee, raising approximately ¥13.4 billion through the issuance of 5,500,000 shares. Its funding methods are becoming more diversified. - FY2026-H1AdvancedAnnual report
「Net cash provided by financing activities was ¥8,717 million. This was mainly because proceeds of ¥2,125 million from short-term borrowings and ¥29,033 million from long-term borrowings exceeded payments of ¥17,299 million for the repayment of long-term borrowings, ¥1,606 million in dividends and ¥3,309 million for the acquisition of subsidiary shares without a change in the scope of consolidation, among other items.」
The company carried out ¥29.033 billion in proceeds from long-term borrowings and ¥17.299 billion in repayments in parallel, continuing funding that also combined short-term borrowings. - FY2024AdvancedAnnual report
「Net cash provided by financing activities was ¥21,040 million. This was mainly due to proceeds of ¥32,558 million from long-term borrowings and ¥9,999 million from bond issuance, among other items.」
In addition to ¥32,558 million in long-term borrowings, the company raised ¥9,999 million through the issuance of unsecured convertible bonds with share acquisition rights. Its policy of combining borrowings, bonds and ample cash holdings was reflected in the results. - FY2024-Q2AdvancedAnnual report
「At a board meeting held on 20 September 2023, the company resolved to offer its first unsecured convertible bonds with share acquisition rights, and payment was completed on 6 October 2023. ... Total issue amount: ¥10,019,919,840 ... Maturity date: 6 October 2028 ... Use of proceeds: the funds are scheduled to be allocated to land acquisition and construction investment for new hotel development, as well as M&A primarily involving the hotel development and construction businesses.」
In addition to borrowings, the company issued approximately ¥10 billion of unsecured convertible bonds with share acquisition rights through a third-party allotment. The bonds mature in October 2028, and the proceeds are scheduled to be allocated to new hotel development, construction investment, and M&A primarily involving the hotel development and construction businesses. - FY2023AdvancedAnnual report
「We aim to extend the weighted average borrowing period by lowering the proportion of short-term borrowings in interest-bearing debt and increasing the proportion of long-term borrowings. In addition, our basic policy is to maintain ample cash and deposits, and we are working to build a strong financial foundation.」
The company carried out ¥23.261 billion in long-term borrowings and ¥18.691 billion in repayments in parallel, maintaining a debt structure centered on long-term borrowings and ample cash holdings. Cash and cash equivalents amounted to ¥4.1914 billion. - FY2023-Q2RestatedAnnual report
「Net cash used in financing activities was ¥3,691 million, compared with net cash used of ¥1,339 million in the same period of the previous year. This was mainly because proceeds of ¥6,163 million from long-term borrowings, among other items, were outweighed by payments of ¥8,629 million for the repayment of long-term borrowings and ¥1,121 million in dividends.」
The company carried out long-term borrowings and repayments in parallel, continuing funding and repayment management centered on borrowings. - FY2022-Q2AdvancedAnnual report
「This was mainly because proceeds of ¥14,498 million from long-term borrowings, among other items, were outweighed by payments of ¥13,766 million for the repayment of long-term borrowings and ¥2,043 million in dividends.」
During the six months ended 30 September, the company carried out ¥14.498 billion in proceeds from long-term borrowings and ¥13.766 billion in repayments in parallel. It also continued its policy of financing property purchases through financial institution borrowings secured by individual inventory assets and funds generated from operating activities. - FY2021AdvancedAnnual report
「We aim to extend the weighted average borrowing period by lowering the proportion of short-term borrowings in interest-bearing debt and increasing the proportion of long-term borrowings. In addition, our basic policy is to maintain ample cash and deposits, and we are working to build a strong financial foundation.」
While continuing funding that combines borrowings and repayments, the company specified financial measures emphasizing a shift in the debt mix from short-term to long-term borrowings and stronger cash holdings. - FY2021-Q2AdvancedAnnual report
「Net cash used in financing activities was ¥96 million, compared with net cash provided of ¥3,474 million in the same period of the previous year. This was mainly because payments of ¥10,366 million for the repayment of long-term borrowings, ¥2,045 million in dividends and ¥478 million for the repayment of short-term borrowings, among other items, exceeded proceeds of ¥9,816 million from long-term borrowings and ¥3,000 million from contributions by non-controlling shareholders. The proceeds from non-controlling shareholders represented the issuance of preferred shares by a subsidiary.」
The company carried out ¥9.816 billion in proceeds from long-term borrowings and ¥10.366 billion in repayments in parallel, and also utilized ¥3 billion in contributions from non-controlling shareholders through the issuance of preferred shares by a subsidiary. In addition to borrowings, the disclosure identified preferred share issuance by a subsidiary as a funding method. - FY2020AdvancedAnnual report
「Net cash provided by financing activities was ¥5,535 million, compared with ¥6,599 million in the previous period. This was mainly because proceeds of ¥27,800 million from long-term borrowings exceeded payments of ¥20,895 million for the repayment of long-term borrowings and ¥1,875 million in dividends, among other items.」
The company carried out ¥27.8 billion in proceeds from long-term borrowings and ¥20.89598 billion in repayments in parallel. It had 13 relationship banks, and total overdraft facilities and lending commitments amounted to ¥18.92 billion, as it continued diversified funding centered on borrowings. - FY2020-Q2AdvancedAnnual report
「Net cash provided by financing activities was ¥3,474 million, compared with net cash used of ¥555 million in the same period of the previous year. This was mainly because proceeds of ¥17,020 million from long-term borrowings exceeded payments of ¥12,930 million for the repayment of long-term borrowings and ¥1,873 million in dividends.」
The company carried out ¥17.02 billion in proceeds from long-term borrowings and ¥12.93 billion in repayments in parallel, continuing funding centered on borrowings. It also reaffirmed its policy of financing inventory purchases through financial institution borrowings secured by individual properties and funds generated from operating activities. - FY2019AdvancedAnnual report
「The main funding need arising from the group’s business activities is the purchase of inventory for its real estate revitalization business. Inventory purchases are financed through borrowings from financial institutions secured by individual inventory assets and funds generated from operating activities.」
During the consolidated fiscal year, the company recorded ¥24.27 billion in proceeds from long-term borrowings and ¥15.79 billion in repayments, implementing funding centered on borrowings from financial institutions. The number of relationship banks increased from 3 to 10, while the total amount of overdraft facilities and lending commitments increased from ¥7.05 billion to ¥18.75 billion. - FY2019-Q2RestatedAnnual report
「Net cash used in financing activities was ¥555 million, compared with net cash provided of ¥4,723 million in the same period of the previous year. This was mainly because proceeds of ¥11,150 million from long-term borrowings were outweighed by payments of ¥9,949 million for the repayment of long-term borrowings and ¥1,632 million in dividends.」
The company carried out ¥11.150 billion in proceeds from long-term borrowings and ¥9.949 billion in repayments in parallel, continuing funding that combines borrowing and repayment. No new funding methods were disclosed. - FY2018AdvancedAnnual report
「Net cash provided by financing activities was ¥17,235 million, compared with ¥1,984 million in the previous period. This was mainly because proceeds of ¥25,522 million from long-term borrowings and ¥7,110 million from share issuance exceeded payments of ¥12,755 million for the repayment of long-term borrowings and ¥1,279 million in dividends, among other items.」
In addition to long-term borrowings, the company issued shares through a public offering and a third-party allotment, making concrete progress on funding that combines borrowings and share issuance. - FY2018-Q3AdvancedAnnual report
「Of the ¥7,156,080 thousand raised, including ¥6,225,789 thousand in proceeds from the public offering approved by the board on the same date as this third-party allotment and payable on 26 December 2017, ¥6,879,000 thousand is scheduled to be allocated by the end of March 2020 to development costs and part of security deposits for Hiyori Hotel Kyoto Shijo Kawaramachi, Hiyori Hotel Ginza Higashi and Hiyori Hotel Osaka Hommachi, which are being developed under the group’s proprietary Hiyori Hotels & Resorts brand. The remainder is scheduled to be allocated by the end of March 2020 to development costs and security deposits for other properties, including Hiyori Hotel Osaka Namba, Tabino Hotel Hida Takayama and Tabino Hotel Sado, also operated under Hiyori Hotels & Resorts.」
The company raised a total of ¥7.15608 billion through a combination of a public offering and a third-party allotment. It specified a plan to allocate ¥6.879 billion of this amount by the end of March 2020 to development costs, security deposits and other expenses for its proprietary hotel brands. - FY2018-Q2AdvancedAnnual report
「Net cash provided by financing activities was ¥4,723 million, compared with ¥1,743 million in the same period of the previous year. This was mainly because proceeds of ¥13,822 million from long-term borrowings exceeded payments of ¥6,659 million for the repayment of long-term borrowings and ¥1,278 million in dividends, among other items.」
During the six months ended 30 September, the company recorded ¥13.822 billion in proceeds from long-term borrowings and ¥6.659 billion in repayments, implementing funding that combined borrowing and repayment. - FY2017AdvancedAnnual report
「Net cash provided by financing activities was ¥1,984 million, compared with ¥3,607 million in the previous period. This was mainly because proceeds of ¥16,782 million from long-term borrowings exceeded payments of ¥12,205 million for the repayment of long-term borrowings and ¥1,068 million in dividends, among other items.」
The company carried out ¥16.782 billion in long-term borrowings and ¥12.205 billion in repayments in parallel, implementing its policy of combining multiple funding methods. - FY2017-Q2AdvancedAnnual report
「During the six months ended 30 September, cash and cash equivalents, hereinafter referred to as “funds,” decreased by ¥572 million from the beginning of the period to ¥12,802 million at the end of the second quarter. This was despite proceeds of ¥8,920 million from long-term borrowings and quarterly profit before income taxes of ¥4,841 million, due mainly to repayments of long-term borrowings of ¥5,752 million and payments of ¥5,177 million for the acquisition of property, plant and equipment.」
During the cumulative quarter, the company recorded ¥8.92 billion in proceeds from long-term borrowings and raised funds alongside ¥5.25 billion in repayments of long-term borrowings and acquisitions of property, plant and equipment. - FY2016First statedAnnual report
「Our funding policy is to raise funds through indirect financing, such as bank borrowings, and direct financing, such as bond and share issuance, after comprehensively considering the characteristics of the required funding needs, financial market conditions, and long- and short-term repayment periods.」
The company has indicated a policy of using different funding methods, including borrowings from multiple financial institutions, real estate securitization, equity financing and bonds, for funds required to acquire and develop real estate.