BCP and liquidity measures for COVID-19
First written in FY2020. 4 of 7 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2024: 1 of 11 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Any funding shortfall is being covered through bond issuance and borrowings from financial institutions, taking economic conditions and interest-rate trends into account. At the same time, the company is promoting diversification of funding methods through sustainability finance and other means.」
For large-scale investments, the company is diversifying its funding methods through sustainability finance in addition to operating cash flow, bonds and borrowings. - FY2024-Q1RestatedAnnual report
「Funds required for significant capital expenditures will be financed through cash flows from operating activities, while any shortfall is expected to be funded through bond issuance and borrowings from financial institutions, taking economic conditions and interest-rate trends into account.」
The report reconfirms the funding policy of using operating cash flow as the primary source for significant capital expenditures, including large-scale investments, and funding any shortfall through bond issuance and borrowings. - FY2023RestatedAnnual report
「Funds required for significant capital expenditures will be financed through cash flows from operating activities, while any shortfall is expected to be funded through bond issuance and borrowings from financial institutions, taking economic conditions and interest-rate trends into account.」
The report reconfirms the funding and liquidity policy of combining operating cash flow, bonds, borrowings, a cash management system (CMS) and CP in preparation for safety-related and large-scale investments. - FY2021-Q3AdvancedAnnual report
「Total assets for the third quarter of the current fiscal year increased by ¥40.385 billion to ¥917.077 billion, mainly because cash on hand was increased to a level sufficient to meet near-term funding needs in response to the impact of COVID-19.」
The company continued increasing cash on hand to a level sufficient to meet near-term funding needs in preparation for a prolonged impact from COVID-19, resulting in a ¥40.385 billion increase in total assets from the end of the previous fiscal year. - FY2021-Q2AdvancedAnnual report
「Total assets for the second quarter of the current fiscal year increased by ¥39.810 billion to ¥916.501 billion, mainly because cash on hand was increased to a level sufficient to meet near-term funding needs in response to the impact of COVID-19.」
Cash on hand was increased to a level sufficient to meet near-term funding needs in preparation for a prolonged impact from COVID-19. Total assets increased by ¥39.810 billion from the end of the previous fiscal year, and interest-bearing debt amounted to ¥407.502 billion. - FY2021-Q1AdvancedAnnual report
「Total assets for the first quarter of the current fiscal year increased by ¥47.098 billion to ¥923.789 billion, mainly because cash on hand was increased to enable stable business operations to continue even if the impact of COVID-19 were to persist.」
Cash on hand was increased in preparation for a prolonged impact from COVID-19 to maintain stable business operations, resulting in a ¥47.098 billion increase in total assets. - FY2020First statedAnnual report
「In response to COVID-19, the Group, led by the company, established a central response headquarters headed by the president based on its BCP (business continuity plan). As a group responsible for social infrastructure, it is working to prevent the spread of infection and continue business operations. In addition, to secure sufficient liquidity, the Group is increasing cash on hand through the issuance of commercial paper (CP) and bonds, as well as borrowings.」
Following the emergence of COVID-19, the company brought together for the first time a comprehensive description of its crisis response, combining a central response headquarters, a BCP, vehicle ventilation and disinfection, mask wearing, staggered working hours and working from home, and increased cash on hand through CP, bonds and borrowings.