Increase in short-term borrowing facilities in preparation for COVID-19
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
12 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual report
「Short-term working capital is funded primarily by internal funds and short-term borrowings from financial institutions, while capital expenditures and long-term working capital are funded primarily by long-term borrowings from financial institutions.」
The filing does not describe a specific measure to increase short-term borrowing facilities in preparation for COVID-19, instead presenting the company's ordinary funding policy. - FY2023RestatedAnnual report
「Although the impact of the COVID-19 pandemic is subsiding, the company has increased its short-term borrowing facilities from financial institutions to prepare for future economic and financial uncertainty.」
The company has reaffirmed its policy of securing cash and cash equivalents while increasing short-term borrowing facilities to prepare for uncertainty in economic and financial conditions. - FY2021RestatedAnnual report
「Although we are currently maintaining cash and cash equivalents at a high level, we have increased our short-term borrowing facilities from financial institutions to prepare for future economic and financial uncertainty.」
The company continues its policy of maintaining cash and cash equivalents at a high level while increasing short-term borrowing facilities to prepare for uncertain economic and financial conditions resulting from COVID-19 and other factors. - FY2020First statedAnnual report
「Although we are currently maintaining cash and cash equivalents at a high level, we have increased our short-term borrowing facilities from financial institutions to prepare for future economic and financial uncertainty.」
The company discloses for the first time that it increased its short-term borrowing facilities in preparation for economic and financial uncertainty associated with the spread of COVID-19. The amount after the increase is not disclosed.