Securing Funding Liquidity through CMS and Committed Credit Lines
First written in FY2019-Q2. 12 of 15 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 2 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「During the current interim consolidated accounting period, we entered into loan agreements containing financial covenants.」
On 28 May 2025, we entered into syndicated loans with financial covenants, in amounts of ¥5 billion and ¥30 billion, with terms running from 30 May 2025 to either 31 May 2032 or 31 May 2035. The agreements include a covenant requiring net assets to be maintained at 75% or more of the amount at the end of the immediately preceding fiscal year. - FY2024-Q3RestatedAnnual report
「We have entered into commitment line agreements with multiple financial institutions as one of our financing methods. In addition, we introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue the framework for securing liquidity and improving funding efficiency through commitment lines with multiple financial institutions, the CMS and an earthquake-response commitment line. - FY2024-Q2RestatedAnnual report
「We have entered into commitment line agreements with multiple financial institutions as one of our financing methods. In addition, we introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue the framework for securing liquidity and improving funding efficiency through commitment lines with multiple financial institutions, the CMS and an earthquake-response commitment line. - FY2024-Q1RestatedAnnual report
「We have entered into commitment line agreements with multiple financial institutions as one of our financing methods. In addition, we introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue the framework for securing liquidity and improving funding efficiency through commitment lines with multiple financial institutions, the CMS and an earthquake-response commitment line. - FY2023-Q3RestatedAnnual report
「We have entered into commitment line agreements with multiple financial institutions as one of our financing methods. In addition, we introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue the framework for securing liquidity and improving funding efficiency through commitment lines with multiple financial institutions, the CMS and an earthquake-response commitment line. - FY2022RestatedAnnual report
「We have entered into commitment line agreements with multiple financial institutions as one of our financing methods. In addition, we introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible.」
We continue to secure liquidity and improve funding efficiency through commitment lines with multiple financial institutions, the CMS and an earthquake-response commitment line. - FY2022-Q3RestatedAnnual report
「We have entered into commitment line agreements with multiple financial institutions as one of our financing methods. We also introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue to secure liquidity and improve funding efficiency through commitment lines with multiple financial institutions, the CMS and an earthquake-response commitment line. - FY2022-Q2RestatedAnnual report
「We also introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue to use intra-group funds effectively through the CMS and secure liquidity through commitment lines. - FY2022-Q1RestatedAnnual report
「In response to the sharp decline in cash inflows from the railway and other businesses caused by the spread of COVID-19, since March 2020 we have prioritized financing to secure cash on hand. In view of the potential deterioration in earnings if these business conditions persist and the uncertain financing environment, we are working to further diversify our financing methods and secure liquidity.」
We continue to prioritize financing to secure cash on hand, diversify financing methods and secure liquidity. The CMS, commitment lines and earthquake-response commitment line also continue to be disclosed. - FY2021-Q3RestatedAnnual report
「In response to the sharp decline in cash inflows from the railway and other businesses caused by the spread of COVID-19, since March 2020 we have prioritized financing to secure cash on hand. In view of the potential deterioration in earnings if these business conditions persist and the uncertain financing environment, we are working to further diversify our financing methods and secure liquidity.」
We continue to prioritize financing to secure cash on hand, diversify financing methods and secure liquidity. The CMS, commitment lines and earthquake-response commitment line also continue to be disclosed. - FY2021-Q1RestatedAnnual report
「In response to the sharp decline in cash inflows from the railway and other businesses caused by the spread of COVID-19, since March this year we have prioritized financing to secure cash on hand. In view of the potential deterioration in earnings if these business conditions persist and the uncertain financing environment, we are working to further diversify our financing methods and secure liquidity.」
We continue to prioritize financing to secure cash on hand, diversify financing methods and secure liquidity. - FY2020AdvancedAnnual report
「In response to the sharp decline in cash inflows from the railway and other businesses caused by the spread of COVID-19, since March this year we have prioritized financing to secure cash on hand. In view of the potential deterioration in earnings if these business conditions persist and the uncertain financing environment, we are working to further diversify our financing methods and secure liquidity.」
In addition to the CMS and commitment lines, we specified financing that prioritizes cash on hand in response to the spread of COVID-19, diversification of financing methods and liquidity security. - FY2020-Q2RestatedAnnual report
「We also introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue to use intra-group funds effectively through the CMS and secure liquidity through an earthquake-response commitment line. - FY2019-Q3RestatedAnnual report
「We also introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
We continue to use intra-group funds effectively through the CMS and secure liquidity through an earthquake-response commitment line. - FY2019-Q2First statedAnnual report
「We also introduced a cash management system (CMS) to improve the efficiency of funds within the group and established a framework for making effective use of intra-group funds to the greatest extent possible. In addition, we entered into an earthquake-response commitment line agreement to prepare for large-scale natural disasters and other events.」
Described the framework for effectively using intra-group funds through the CMS and securing liquidity through commitment lines and an earthquake-response commitment line.