Diversification of Funding and Improved Funding Efficiency through CMS
First written in FY2016. 3 of 7 entries say "Restated". Latest entry: 2026-05-28.
3 other companies' latest entry also says "Advanced".
- 2026-05-28AdvancedGeneral Meetings of Shareholders
「To fund capital expenditures and other needs, we raised funds through ¥15,100 million in long-term borrowings and the issuance of ¥8,000 million in unsecured bonds.」
Specific financing through long-term borrowings and unsecured bonds was disclosed. - FY2022RestatedAnnual report
「The group determines its funding, including bonds, borrowings from commercial financial institutions and borrowings from Development Bank of Japan, by comprehensively considering market conditions and interest rate trends. The group has also introduced a cash management system (CMS) to improve funding efficiency.」
The group continues to combine bonds, financial institution borrowings and borrowings from Development Bank of Japan, while centrally managing funds through CMS. - FY2021AdvancedAnnual report
「Cash flows from financing activities resulted in a cash inflow of ¥6,640 million, mainly due to ¥16,900 million in proceeds from long-term borrowings.」
To secure funding during the pandemic, the company recorded ¥16,900 million in proceeds from long-term borrowings and other items, securing cash inflows from financing activities. - FY2020AdvancedAnnual report
「To reduce its interest burden, the Company is diversifying its funding methods through syndicated loans, institutional financing and lease financing, among other means, and uses interest rate swaps to fix part of its interest payments in order to hedge interest rate fluctuation risk.」
The company described a funding approach combining its existing bonds, borrowings and CMS with syndicated loans, government-backed lending and lease financing. - FY2019RestatedAnnual report
「Regarding sources of capital and liquidity, the group determines its funding, including bonds, borrowings from private financial institutions and borrowings from Development Bank of Japan, by comprehensively considering market conditions and interest rate trends. The group has also introduced a cash management system (CMS) to improve funding efficiency.」
The group continues to combine bonds and borrowings while centrally managing funds within the group through CMS. - FY2017RestatedAnnual report
「The group determines its funding, including bonds, borrowings from private financial institutions and borrowings from Development Bank of Japan for capital investment in the route bus business and other operations, by comprehensively considering market conditions and interest rate trends. The group has also introduced a cash management system (CMS) to improve funding efficiency.」
The group continues to combine bonds, financial institution borrowings and borrowings from Development Bank of Japan, while centrally managing funds through CMS. - FY2016First statedAnnual report
「In addition to bonds and borrowings from private financial institutions, the company determines its funding, including borrowings from Development Bank of Japan for capital investment in the route bus business and other operations, by comprehensively considering market conditions and interest rate trends. The group has also introduced a cash management system (CMS) to improve funding efficiency.」
The company uses a combination of bonds and borrowings from private financial institutions and Development Bank of Japan, while centrally managing group funds through CMS.