Rebuilding the Financial Position and Strengthening Resilience to Risk
First written in FY2021-Q2. 12 of 17 entries say "Advanced", first in FY2021-Q3. Latest entry: 2026-08-03.
- 2026-08-03AdvancedEarnings
「強固な財務基盤を維持しつつ、大規模な成長投資をしていくため、2026年６月３日に第１回社債型種類株式を発行しました。」
財務基盤を維持しながら成長投資を行う資本配分を、社債型種類株式の発行と機材投資に結び付けた。 - FY2026AdvancedAnnual report
「While advancing investment to accelerate our growth strategy, we will work to allocate management resources in a way that enhances corporate value by targeting a total payout ratio, based on the combined total of dividends and share repurchases, of approximately 35% to 50%.」
We moved from a phase centered on rebuilding the financial position to a capital allocation policy that advances growth investment, shareholder returns, and maintenance of the financial position simultaneously. The issuance of ¥178.9 billion in publicly offered perpetual subordinated bonds and cash exceeding ¥1 trillion were also reported. - FY2026-H1AdvancedAnnual report
「Regarding cash liquidity, in addition to holding ¥949.6 billion in cash and cash equivalents as of the end of the interim consolidated accounting period, we have secured an undrawn ¥150 billion commitment line.」
Regarding the rebuilding of the financial position and strengthening of risk resilience, we secured ¥949.6 billion in cash and cash equivalents and a commitment line of ¥150.0 billion. In addition, we issued ¥178.9 billion in publicly offered perpetual subordinated bonds, which were recognized as equity credit instruments. - FY2025AdvancedAnnual report
「We will maintain cash and deposits on hand, including the commitment line, equivalent to 5.0–5.6 months of passenger revenue at each month-end as the level necessary for stable management.」
We specified liquidity on hand at 5.0–5.6 months of passenger revenue as the management level, establishing a specific standard for managing the financial position and risk resilience. - FY2025-H1AdvancedAnnual report
「Regarding cash liquidity, in addition to holding ¥750.6 billion in cash and cash equivalents as of the end of the interim consolidated accounting period, we have secured an undrawn ¥150 billion commitment line.」
Regarding the rebuilding of the financial position and strengthening of risk resilience, we secured ¥750.6 billion in cash and cash equivalents and an undrawn commitment line of ¥150.0 billion. - FY2024AdvancedAnnual report
「We will maintain cash and deposits on hand, including the commitment line, equivalent to 5.0–5.6 months of passenger revenue at each month-end as the level necessary for stable management.」
Regarding the rebuilding of the financial position and strengthening of risk resilience, we established a specific management level of 5.0–5.6 months of passenger revenue for required liquidity on hand. - FY2024-Q3Decline in cash and cash equivalents and maintenance of the commitment lineAnnual report
「As of the end of the third quarter, in addition to holding ¥684.0 billion in cash and cash equivalents, we had secured an undrawn commitment line of ¥150.0 billion. The commitment line had been increased during the COVID-19 pandemic, but was reduced on 30 June 2023 in light of improvements in business performance and cash flow.」
Cash and cash equivalents declined from ¥743.5 billion at the end of the previous quarter to ¥684.0 billion, while the undrawn commitment line of ¥150.0 billion was maintained. - FY2024-Q2AdvancedAnnual report
「As of the end of the second quarter, in addition to holding ¥743.5 billion in cash and cash equivalents, we had secured an undrawn commitment line of ¥150.0 billion.」
As part of rebuilding the financial position, we increased cash and cash equivalents to ¥743.5 billion and secured an undrawn commitment line of ¥150.0 billion. - FY2024-Q1AdvancedAnnual report
「Regarding cash liquidity, in addition to holding ¥716 billion in cash and cash equivalents as of the end of the first quarter, we have secured an undrawn ¥150 billion commitment line. The commitment line had been increased during the COVID-19 pandemic, but was reduced on 30 June in light of improvements in business performance and cash flow.」
As part of rebuilding the financial position, we secured ¥716.0 billion in cash and cash equivalents and reduced the commitment line in light of improved cash flow. - FY2023-Q2RestatedAnnual report
「From the current fiscal year onward, we will rebuild a robust financial position and implement financial policies without delay to support management stability.」
We continue to pursue the rebuilding of the financial position from the current fiscal year onward and the implementation of financial policies to stabilize management. - FY2022RaisedAnnual report
「From the current fiscal year onward, we will rebuild a robust financial position and aim for a zero net interest-bearing debt balance by the end of fiscal 2025.」
As a target for rebuilding the financial base, we newly specified a zero net interest-bearing debt balance by the end of fiscal 2025. - FY2022-Q3AdvancedAnnual report
「As a funding method that enables us to pursue simultaneously, without concern over share dilution, the two objectives of further strengthening our financial position and maintaining and improving our funding capacity in preparation for the prolonged impact of COVID-19, while securing in advance funds for investment to achieve sustainable growth in response to changes in the post-COVID operating environment, we raised ¥350 billion through hybrid finance from September through November.」
We raised ¥350 billion through hybrid finance from September through November to strengthen the financial position and secure funds for growth investment, exceeding the previously stated funding policy of approximately ¥300 billion. - FY2022-Q2AdvancedAnnual report
「On 10 September, we decided to raise approximately ¥300 billion through hybrid finance. This funding method allows us to pursue simultaneously, without concern over share dilution, the two objectives of strengthening our financial position and maintaining and improving our funding capacity in preparation for the prolonged impact of COVID-19, while securing in advance funds for investment to achieve sustainable growth in response to changes in the post-COVID operating environment.」
We decided to raise approximately ¥300 billion through hybrid finance to strengthen the financial position and secure funds for post-COVID growth investment. - FY2022-Q1RestatedAnnual report
「On 7 May, we announced a new medium-term management plan aimed at rapidly rebuilding our financial base and achieving sustainable growth and development in light of the post-COVID changes in the operating environment.」
We continue to make the rapid rebuilding of the financial base a management priority, together with the announcement of the Fiscal 2021–2025 Medium-Term Management Plan. - FY2021AdvancedAnnual report
「We will position the period through fiscal 2023 as a period for rebuilding our financial position, strive to repay debt and achieve an appropriate level of cash and deposits through selective investment, and actively return capital to shareholders and make investments for sustainable growth from fiscal 2024 onward.」
Regarding the rebuilding of the financial position, we set out a phased capital allocation policy under which fiscal 2023 and earlier would be the rebuilding period, with fiscal 2024 onward marking the resumption of shareholder returns and growth investment. - FY2021-Q3AdvancedAnnual report
「To rapidly improve the financial position affected by the spread of COVID-19 and promptly implement our growth strategy in the post-COVID era, we conducted a public offering in November and raised ¥182.9 billion in capital.」
To rebuild the financial position, we raised ¥182.9 billion in capital through a public offering in November. - FY2021-Q2First statedAnnual report
「While maintaining employment, we will promptly rebuild a sound financial position and maintain and strengthen our resilience to risk through thorough cost structure reform, improved profitability, and reduced investment.」
As the direction of management following the spread of COVID-19, we set out rebuilding the financial position through cost structure reform, improved profitability, and reduced investment, while maintaining employment.