Securing working capital lines through overdraft agreements in preparation for business expansion
First written in FY2023-Q2. 2 of 4 entries say "Raised", first in FY2024-H1. Latest entry: 2026-03-04.
- 2026-03-04AdvancedGeneral Meetings of Shareholders
「During the consolidated fiscal year, we raised ¥1,123 million through long-term borrowings from financial institutions and others for the group’s working capital.」
The company raised ¥1,123 million through long-term borrowings in 2025 to secure funds for working capital and growth investment. - FY2024RaisedAnnual report
「Borrowing amount: ¥1,100 million (planned)」
In addition to existing overdraft facilities, the company plans to borrow ¥1,100 million from 5 financial institutions for working capital and growth investment associated with business expansion, with a 3-year term and no collateral or guarantee. - FY2024-H1RaisedAnnual report
「Further increases in working capital are expected as the scale of the business expands. By securing a credit facility, we aim to establish a structure that enables us to pursue an active business strategy and consider and execute investments flexibly.」
The previous ¥300,000 thousand overdraft agreement was increased to a ¥400,000 thousand special overdraft facility, including the existing ¥200,000 thousand. In addition, a ¥400,000 thousand long-term borrowing was executed, expanding funding capacity for business expansion and investment. - FY2023-Q2First statedAnnual report
「On 31 July 2023, we entered into the following overdraft agreement. Purpose: to prepare for increased demand for working capital and other funds in anticipation of business expansion. Borrowing limit: ¥300,000 thousand. Contract period: 31 July 2024, with a renewal clause.」
An unsecured overdraft facility of ¥300,000 thousand was disclosed as a precaution against working capital needs associated with business expansion.