Funding policy of financing capital investment entirely with own funds
First written in FY2018. 5 of 10 entries say "Softened", first in FY2022. Latest entry: 2026-05-14.
- 2026-05-14AdvancedEarnings
「Net cash used in financing activities was ¥1,613 million, mainly due to proceeds of ¥30,000 million from long-term borrowings, dividends paid of ¥17,205 million and payments of ¥13,000 million for the acquisition of treasury shares.」
The Company recorded ¥30,000 million in proceeds from long-term borrowings, continuing and expanding a funding policy that makes use of borrowings. - FY2025RestatedAnnual report
「The Group constructs logistics facilities and purchases vehicles and cargo-handling equipment, financing them with internal funds and borrowings from financial institutions.」
The company continues its policy of financing capital expenditures through a combination of internal funds and borrowings from financial institutions. - FY2024Explicit change from using only internal funds to financing with internal funds and borrowings from financial institutionsAnnual report
「The Group constructs logistics facilities and purchases vehicles and cargo-handling equipment, financing them with internal funds and borrowings from financial institutions.」
The disclosure has changed from the previous policy of using “all internal funds” to a funding policy combining internal funds and borrowings from financial institutions. - FY2024-Q3Although the company has a policy of financing all capital expenditures with internal funds, it newly resolved to borrow funds for business investmentAnnual report
「At a meeting of the Board of Directors held on 9 February 2024, the company resolved to borrow funds as follows: ② Borrowing amount: ¥10,000 million ⑤ Term: 4 years ⑥ Use of funds: Business investment」
Although the company had stated a policy of financing all capital expenditures with internal funds, it newly resolved to obtain ¥10 billion in borrowings with a 4-year term for business investment. - FY2023-Q3SoftenedAnnual report
「At a meeting of the Board of Directors held on 10 February 2023, the company resolved to borrow funds as follows: ① Lender: Sumitomo Mitsui Banking Corporation ② Borrowing amount: ¥10,000 million ③ Interest rate: Fixed ④ Borrowing date: 28 February 2023 ⑤ Repayment date: 26 February 2027 ⑥ Use of funds: Business investment ⑦ Collateral: None」
Although the company had stated a policy of financing all capital expenditures with internal funds, it resolved to obtain new borrowings of ¥10 billion for business investment, continuing to disclose the use of borrowings. - FY2023-Q1SoftenedAnnual report
「Although current income taxes payable decreased, total liabilities at the end of the first quarter of the current consolidated fiscal period increased by ¥8,963 million from the end of the previous consolidated fiscal year to ¥75,780 million, mainly because the company newly obtained long-term borrowings. Long-term borrowings — 10,000」
Although the company had stated a policy of financing all capital expenditures with internal funds, ¥10 billion in long-term borrowings was recorded during the quarter, demonstrating the actual use of borrowings. - FY2022While stating a policy of using only internal funds, the company has borrowed funds for business investment and shareholder returnsAnnual report
「The Group constructs logistics facilities and purchases vehicles and cargo-handling equipment, all of which it finances with internal funds." Borrowing amount: ¥10,000 million Use of funds: Business investment and shareholder returns」
Although the company continues to state a policy of financing all capital expenditures with internal funds, it subsequently borrowed ¥10 billion for business investment and shareholder returns, weakening the scope of application of that funding policy. - FY2021RestatedAnnual report
「The Group constructs logistics facilities and purchases vehicles and cargo-handling equipment, all of which it finances with internal funds. The Group also considers its liquidity to be at a sufficient level.」
The company continues its funding policy of financing all capital expenditures with internal funds while maintaining sufficient liquidity. - FY2019RestatedAnnual report
「The Group constructs logistics facilities and purchases vehicles and cargo-handling equipment, all of which it finances with internal funds. The Group also considers its liquidity to be at a sufficient level.」
The company continues its funding policy of financing all capital expenditures, including logistics facilities, vehicles and cargo-handling equipment, with internal funds while maintaining sufficient liquidity. - FY2018First statedAnnual report
「The Group constructs logistics facilities and purchases vehicles and cargo-handling equipment, all of which it finances with internal funds. The Group also considers its liquidity to be at a sufficient level.」
The company states a funding policy of financing all capital expenditures, including logistics facilities, vehicles and cargo-handling equipment, with internal funds while maintaining sufficient liquidity.