Liquidity Risk Relating to Funding
First written in FY2017. 11 of 27 entries say "Restated". Latest entry: FY2026.
- FY2026WorsenedAnnual report
「The consolidated current ratio at the end of the fiscal year was 120.2%, deteriorating from 126.8% at the end of the previous consolidated fiscal year.」
The current ratio declined from 126.8% to 120.2%, primarily due to a ¥1,420 million decrease in cash and deposits. - FY2026-H1WorsenedAnnual report
「The consolidated current ratio at the end of the interim period was 124.0%, deteriorating from 126.8% at the end of the previous consolidated fiscal year. This was mainly attributable to a decrease of ¥1,632 million in cash and deposits and a decrease of ¥207 million in short-term borrowings.」
The current ratio declined from 126.8% to 124.0%, and funding liquidity deteriorated mainly as a result of the ¥1,632 million decrease in cash and deposits. - FY2025MitigatedAnnual report
「The consolidated current ratio at the end of the fiscal year was 126.8%, improving from 112.2% at the end of the previous consolidated fiscal year.」
The current ratio improved from 112.2% to 126.8%, and funding liquidity improved mainly as a result of the increase in cash and deposits. Meanwhile, interest-bearing debt increased due to borrowings for the company’s new warehouse in the United States. - FY2025-H1MitigatedAnnual report
「The consolidated current ratio at the end of the interim period was 120.9%, improving from 112.2% at the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥1,117 million in cash and deposits and an increase of ¥309 million in short-term borrowings.」
The current ratio improved from 112.2% at the end of the previous consolidated fiscal year to 120.9%, and funding liquidity improved mainly as a result of the increase in cash and deposits. - FY2024MitigatedAnnual report
「The consolidated current ratio at the end of the fiscal year was 112.2%, improving from 110.9% at the end of the previous consolidated fiscal year.」
The current ratio improved from 110.9% to 112.2%, and funding liquidity improved from the end of the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「Current assets were ¥6,876 million, a decrease of ¥6 million from the end of the previous consolidated fiscal year. Current liabilities were ¥5,731 million, a decrease of ¥473 million. This was mainly attributable to an increase of ¥70 million in short-term borrowings, a decrease of ¥214 million in income taxes payable and a decrease of ¥338 million in the provision for bonuses.」
The current ratio calculated from current assets of ¥6,876 million and current liabilities of ¥5,731 million was approximately 120.0%, improving from 110.9% at the end of the previous consolidated fiscal year. Short-term borrowings increased by ¥70 million, while total current liabilities declined. - FY2024-Q2WorsenedAnnual report
「The consolidated current ratio at the end of the second quarter was 107.7%, deteriorating from 110.9% at the end of the previous consolidated fiscal year. This was mainly attributable to a decrease of ¥300 million in cash and deposits and an increase of ¥254 million in short-term borrowings.」
The current ratio declined from 110.9% at the end of the previous consolidated fiscal year to 107.7%, driven by the decrease in cash and deposits and the increase in short-term borrowings. - FY2023-Q2MitigatedAnnual report
「The consolidated current ratio at the end of the second quarter was 121.1%, improving from 112.6% at the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥567 million in cash and deposits and a decrease of ¥184 million in the provision for bonuses.」
The current ratio improved from 112.6% at the end of the previous consolidated fiscal year to 121.1%, and funding liquidity improved mainly as a result of the increase in cash and deposits. - FY2023-Q1WorsenedAnnual report
「Current assets were ¥7,242 million, an increase of ¥534 million from the end of the previous consolidated fiscal year. Current liabilities were ¥6,725 million, an increase of ¥768 million. This was mainly attributable to an increase of ¥567 million in short-term borrowings.」
The current ratio calculated from the reported current assets and current liabilities was approximately 107.7%, down from 112.6% at the end of the previous fiscal year. Current liabilities and short-term borrowings also increased. - FY2022The financing facility was maintained despite the decline in the current ratio.Annual report
「The consolidated current ratio at the end of the fiscal year was 112.6%, deteriorating from 117.6% at the end of the previous consolidated fiscal year.」
The current ratio declined from 117.6% to 112.6%. Meanwhile, in preparation for a prolonged spread of the infection, the company entered into a commitment line agreement, with a contractual facility limit of ¥1 billion, for one year from 1 July 2021. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company discloses that there have been no material changes in liquidity risk relating to financing. - FY2022-Q2MitigatedAnnual report
「In preparation for a prolonged impact from the spread of COVID-19, the company entered into a commitment line agreement, with a contractual facility limit of ¥1 billion, for one year from 1 July 2021, in order to secure flexible and stable financing and further strengthen its financial base. The consolidated current ratio at the end of the second quarter was 118.5%, improving from 117.6% at the end of the previous consolidated fiscal year.」
In preparation for a prolonged spread of the infection, the company entered into a ¥1 billion commitment line agreement for one year from 1 July 2021, and the current ratio improved from 117.6% to 118.5%. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company discloses that there have been no material changes in liquidity risk relating to financing. - FY2021-Q2MitigatedAnnual report
「The consolidated current ratio at the end of the second quarter was 135.2%, improving from 107.7% at the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥2,085 million in cash and deposits.」
The current ratio improved from 107.7% to 135.2%, and cash and deposits improved funding liquidity. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company discloses that there have been no material changes in liquidity risk relating to financing. - FY2020MitigatedAnnual report
「In preparation for a prolonged impact from the spread of COVID-19, the company entered into a commitment line agreement, with a contractual facility limit of ¥1 billion, for one year from 30 June 2020, in order to secure flexible and stable financing and further strengthen its financial base.」
Although the current ratio deteriorated from 128.0% at the end of the previous consolidated fiscal year to 107.7%, the company entered into a ¥1 billion commitment line agreement in preparation for a prolonged spread of the infection. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company discloses that there have been no material changes in liquidity risk relating to financing. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The Company discloses that there have been no material changes in liquidity risk relating to financing. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company discloses that there have been no material changes in liquidity risk relating to financing. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material change in liquidity risk associated with financing. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company disclosed that there had been no material change in liquidity risk associated with financing. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material change in liquidity risk associated with financing. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material change in liquidity risk associated with financing. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company disclosed that there had been no material change in liquidity risk associated with financing. - FY2017First statedAnnual report
「Trade payables, borrowings and bonds are exposed to liquidity risk associated with financing, including the risk of being unable to make payments when due.」
The company explicitly identified liquidity risk associated with trade payables, borrowings and bonds, namely the risk of being unable to fulfill obligations when due.