Cash-flow measures through external financing, early sale of real estate held for sale and efforts to resume offerings
First written in FY2020-Q1. 3 of 4 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2021.
10 other companies' latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「We carried out a private placement of new shares and used the proceeds to repay borrowings used to redeem anonymous partnership investment deposits in the crowdfunding business, with surplus funds allocated to investment in the healthcare-related business.」
A private placement of new shares was carried out, and the proceeds were allocated to crowdfunding redemption funding, debt repayment and investment in the healthcare-related business. - FY2020AdvancedAnnual report
「To scale back the real estate leasing and other businesses, we sold owned real estate and used the proceeds to repay borrowings secured by real estate. Surplus funds are being allocated to investment in the hospital-related business, redemption funding for anonymous partnership investment deposits in the crowdfunding business, and working capital. We are also taking out new loans to fund the redemption of anonymous partnership investment deposits in the crowdfunding business.」
Measures combining asset sales, debt repayment and new borrowing have been implemented to allocate funds to hospital-related investments, crowdfunding redemptions and working capital. - FY2020-Q2AdvancedAnnual report
「We entered into a new loan agreement totaling ¥3,000 million with Beijing Beida Jade Bird Investment Co., Ltd. In addition, we secured prospects for raising the remaining funds not only through the sale of assets held for investment, but also through new external financing.」
As a measure addressing the going-concern assumption, we entered into a new loan agreement totaling ¥3,000 million and secured prospects for raising the remaining funds through asset sales and external financing. - FY2020-Q1First statedAnnual report
「To resolve these circumstances, our group will implement the following measures: (1) arrange external financing; (2) sell real estate held for sale at an early date; and (3) approach the relevant parties to seek the resumption of offerings to crowdfunding investors.」
As measures to address material uncertainty relating to the going-concern assumption, external financing, the early sale of real estate held for sale and efforts to resume crowdfunding offerings were listed as specific measures for the first time. However, it was explained that final agreement had not been reached.