Securing Liquidity and Curbing Cash Outflows Amid the COVID-19 Pandemic
First written in FY2021-Q1. 2 of 4 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2022-Q3.
The whole theme swung hardest in 2024: 1 of 11 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「In addition to securing the working capital required at present through borrowings and the expansion of commitment lines in the previous consolidated fiscal year, we issued preferred shares at a consolidated subsidiary in the previous consolidated fiscal year as “group capital funding without diluting our shares,” with the aim of strengthening our group’s financial base.」
We are reaffirming measures to secure liquidity and strengthen the financial base through borrowings, commitment lines, and the issuance of preferred shares by a subsidiary. - FY2021AdvancedAnnual report
「By borrowing from our core financial institutions and expanding our commitment lines, we secured more than ¥250.0 billion in liquidity during the current consolidated fiscal year, thereby strengthening on-hand liquidity together with cash and cash equivalents.」
The amount of liquidity secured increased from more than ¥240.0 billion at the quarterly point to more than ¥250.0 billion for the full year. We also issued preferred shares and sold the Sugita Golf Course. - FY2021-Q2AdvancedAnnual report
「By borrowing from our core financial institutions and expanding our commitment lines, we secured more than ¥240.0 billion in liquidity during the second quarter of the current consolidated cumulative period, thereby strengthening on-hand liquidity together with cash and cash equivalents.」
The amount of liquidity secured increased from ¥221.0 billion in the first quarter to more than ¥240.0 billion, strengthening on-hand liquidity through borrowings and expanded commitment lines. - FY2021-Q1First statedAnnual report
「By borrowing from our core financial institutions and expanding our commitment lines, we secured ¥221.0 billion in liquidity during the first quarter of the current consolidated cumulative period, thereby strengthening on-hand liquidity together with cash and cash equivalents.」
In addition to securing ¥221.0 billion in liquidity through borrowings and expanded commitment lines, we reduced executive compensation, restrained nonessential costs and capital expenditures, reduced expenses during facility closures, and used subsidies.