Securing the funds needed for growth investment
First written in FY2016. 20 of 31 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 16 of 29 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「At the end of the current consolidated fiscal year, the Group held ¥7,107 million in cash and deposits, securing the working capital and capital expenditure funds it needed.」
With funds also raised through a bond issuance, cash and deposits increased from ¥4,300 million at the end of the previous fiscal year to ¥7,107 million, improving the Company's ability to secure working capital and capital expenditure funds. - 2026-05-07MitigatedEarnings
「当連結会計年度末における現金及び現金同等物の期末残高は7,107百万円となり、前連結会計年度末に比べ2,806百万円増加しました。」
社債発行等により期末現金及び現金同等物が増加し、成長投資・運転資金の手元流動性が拡大している。 - FY2025-H1Decline in cash due to higher investment spendingAnnual report
「Cash and cash equivalents at the end of the interim period were ¥2,174 million, down ¥343 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents declined from ¥2,518 million at the end of the previous fiscal year to ¥2,174 million, mainly due to ¥553 million in cash used in investing activities. Meanwhile, the equity ratio was 68.1%. - FY2024MitigatedAnnual report
「Cash and cash equivalents at the end of the current consolidated fiscal year were ¥2,518 million, up ¥937 million from the end of the previous consolidated fiscal year.」
Liquidity on hand increased from ¥1,580 million at the end of the previous fiscal year to ¥2,518 million, improving the Company's ability to secure funds for growth investments and working capital. - FY2024-Q3MitigatedAnnual report
「Cash and cash equivalents at the end of the nine-month period of the current consolidated fiscal year were ¥2,364 million, up ¥783 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased by ¥783 million from the end of the previous consolidated fiscal year to ¥2,364 million, improving liquidity on hand for growth investments and working capital. - FY2024-Q2MitigatedAnnual report
「Cash and cash equivalents at the end of the six-month period of the current consolidated fiscal year were ¥2,167 million, up ¥586 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased from ¥1,580 million at the end of the previous consolidated fiscal year to ¥2,167 million, improving liquidity on hand for growth investments and working capital. - FY2024-Q1Decline in quarter-end cashAnnual report
「Cash and cash equivalents at the end of the three-month period of the current consolidated fiscal year were ¥1,514 million, down ¥66 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents declined from ¥1,580 million at the end of the previous consolidated fiscal year to ¥1,514 million, a decrease of ¥66 million. However, no new shortfall in working capital or funding mechanisms was reported. - FY2023MitigatedAnnual report
「At the end of the current consolidated fiscal year, the Group held ¥1,580 million in cash and deposits, securing the working capital it needed.」
Cash and deposits at fiscal year-end were ¥1,580 million, up ¥651 million from the end of the previous fiscal year. Liquidity on hand for growth investments and working capital improved. - FY2023-Q3MitigatedAnnual report
「Cash and cash equivalents at the end of the nine-month period of the current consolidated fiscal year were ¥1,299 million, up ¥370 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased by ¥370 million from the end of the previous consolidated fiscal year to ¥1,299 million, improving liquidity on hand for growth investments and working capital. - FY2023-Q2MitigatedAnnual report
「Cash and cash equivalents at the end of the six-month period of the current consolidated fiscal year were ¥1,108 million, up ¥179 million from the end of the previous consolidated fiscal year. Of the ¥1,358 million balance of cash and deposits, ¥250 million is being temporarily held from prospective investors and others as capital contributions at the time of incorporation of a company to be established jointly with other companies, and is therefore effectively restricted in use.」
Cash and cash equivalents increased by ¥179 million from the end of the previous consolidated fiscal year. However, ¥250 million of cash and deposits is being held as a capital contribution for a jointly established company and is effectively restricted in use. - FY2023-Q1MitigatedAnnual report
「Cash and cash equivalents at the end of the three-month period of the current consolidated fiscal year were ¥929 million, remaining broadly at the same level as at the end of the previous consolidated fiscal year.」
Cash and cash equivalents remained broadly at the same level as at the end of the previous fiscal year, while the equity ratio improved from 33.6% to 37.9%. - FY2022-Q3Higher investment spending, lower cash on hand and improved equity ratioAnnual report
「Cash and cash equivalents at the end of the nine-month period of the current consolidated fiscal year were ¥673 million, down ¥351 million from the end of the previous consolidated fiscal year.」
Although cash on hand declined by ¥351 million from the end of the previous fiscal year due to increased investment spending on fixed assets, net assets improved to ¥717 million and the equity ratio to 32.9%, partly due to capital contributions from non-controlling shareholders. - FY2022-Q2Higher investment spending, lower cash on hand and capital strengtheningAnnual report
「Cash and cash equivalents at the end of the six-month period of the current consolidated fiscal year were ¥867 million, down ¥158 million from the end of the previous consolidated fiscal year. Net cash provided by financing activities was ¥150 million (¥48 million in the same quarter of the previous year). This was mainly due to ¥160 million in proceeds from capital contributions by non-controlling shareholders.」
Although cash on hand declined by ¥158 million as investment spending increased, the Company received ¥160 million in capital contributions from non-controlling shareholders, making progress in generating financing cash inflows and strengthening its capital base. - FY2022-Q1MitigatedAnnual report
「Cash and cash equivalents at the end of the three-month period of the current consolidated fiscal year were ¥1,082 million, up ¥56 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased by ¥56 million from the end of the previous fiscal year to ¥1,082 million, indicating an improvement in the position regarding funds for growth investments and working capital. - FY2021-Q3WorsenedAnnual report
「Current assets at the end of the third-quarter consolidated accounting period were ¥1,145 million, down ¥135 million from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥113 million in cash and deposits and ¥14 million in accounts receivable.」
Cash and deposits declined by ¥113 million from the end of the previous consolidated fiscal year, and current assets declined by ¥135 million. Net assets were ¥331 million, and the equity ratio was 18.7%, indicating a deterioration in the Company's funding position. - FY2021-Q2WorsenedAnnual report
「Cash and cash equivalents at the end of the six-month period of the current consolidated fiscal year were ¥616 million, down ¥35 million from the end of the previous consolidated fiscal year.」
Cash on hand declined from ¥651 million at the end of the previous fiscal year to ¥616 million, while net cash provided by financing activities fell from ¥396 million in the same quarter of the previous year to ¥49 million. Net assets were ¥178 million, and the equity ratio was 8.7%. - FY2021-Q1MitigatedAnnual report
「Cash and cash equivalents at the end of the three-month period of the current consolidated fiscal year were ¥907 million, up ¥256 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased from ¥651 million at the end of the previous fiscal year to ¥907 million, indicating improved liquidity on hand for growth investments and working capital. - FY2020MitigatedAnnual report
「Although the Group has recorded net losses attributable to owners of the parent for 5 consecutive fiscal years, it held ¥651 million in cash and deposits at the end of the current consolidated fiscal year, securing the working capital it needed. It also secured a means of raising funds as needed through 177,700 Series 5 stock acquisition rights issued on 6 April 2020 through a third-party allotment.」
Although net losses have continued for 5 consecutive fiscal years, the Company has secured ¥651 million in cash at fiscal year-end and an additional means of raising funds through the Series 5 stock acquisition rights. - FY2020-Q3MitigatedAnnual report
「Cash and cash equivalents at the end of the nine-month period of the current consolidated fiscal year were ¥940 million, up ¥297 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased from ¥643 million at the end of the previous fiscal year to ¥940 million, improving liquidity on hand for growth investments. - FY2020-Q2MitigatedAnnual report
「Net cash provided by financing activities was ¥396 million (net cash used of ¥78 million in the same quarter of the previous year). This was mainly due to proceeds from the issuance of shares.」
The Company secured ¥396 million in financing proceeds through a share issuance, continuing to raise funds for growth investments. Meanwhile, cash and cash equivalents declined by ¥22 million from the end of the previous consolidated fiscal year. - FY2020-Q1MitigatedAnnual report
「Cash and cash equivalents at the end of the three-month period of the current consolidated fiscal year were ¥859 million, up ¥216 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased from ¥643 million at the end of the previous fiscal year to ¥859 million, while ¥259 million was raised through a share issuance in financing activities. - FY2019Decline in cash on hand and continued fundraising through stock acquisition rightsAnnual report
「Although the Group has recorded net losses attributable to owners of the parent for 4 consecutive fiscal years, it held ¥643 million in cash and deposits at the end of the current consolidated fiscal year, securing the working capital it needed. It also secured a means of raising funds as needed through 237,000 Series 4 stock acquisition rights issued on 22 March 2018 through a third-party allotment (216,000 rights as of the end of the current consolidated fiscal year).」
Although the Company has recorded net losses for 4 consecutive fiscal years, cash and deposits declined from ¥960 million at the end of the previous fiscal year to ¥643 million, while the means of raising funds through the Series 4 stock acquisition rights remain available. - FY2019-Q3Decline in cash on hand and lower financing proceedsAnnual report
「Cash and cash equivalents at the end of the nine-month period of the current consolidated fiscal year were ¥709 million, down ¥213 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents declined by ¥213 million from the end of the previous consolidated fiscal year. Net cash provided by financing activities was ¥176 million, down from ¥1,037 million in the same quarter of the previous year. - FY2019-Q2Decline in cash on hand and financing cash outflowAnnual report
「Cash and cash equivalents at the end of the six-month period of the current consolidated fiscal year were ¥647 million, down ¥275 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents declined by ¥275 million from the end of the previous fiscal year, while net cash used in financing activities was ¥78 million. Although funding mechanisms secured in the past remain available, cash on hand has declined. - FY2018MitigatedAnnual report
「At the end of the consolidated fiscal year, the Company held ¥960 million in cash and deposits, securing the working capital it needed. It also secured a means of raising funds as needed through 237,000 Series 4 stock acquisition rights issued on 22 March 2018 through a third-party allotment.」
Despite recording net losses for 3 consecutive fiscal years, the Company has secured ¥960 million in cash and deposits and a means of raising funds through 237,000 Series 4 stock acquisition rights. - FY2018-Q3MitigatedAnnual report
「Net cash provided by financing activities was ¥1,037 million (net cash provided of ¥661 million in the same quarter of the previous year). This was mainly due to proceeds from the issuance of shares.」
The Company secured ¥1,037 million in financing proceeds through a share issuance, making progress in securing funds needed for growth investments. - FY2018-Q1MitigatedAnnual report
「Net cash provided by financing activities was ¥891 million (net cash used of ¥205 million in the same quarter of the previous year). This was mainly due to proceeds from the issuance of shares.」
The Company secured ¥891 million in financing proceeds through a share issuance, making progress in securing funds for growth investments. However, it has not stated that the challenge of securing capital expenditure funds until full-year profitability is achieved has been resolved. - FY2017RestatedAnnual report
「A financial challenge is securing funds for capital expenditures until stable full-year profitability is achieved.」
Although the Company has raised funds through stock acquisition rights, it continues to identify securing capital expenditure funds until stable full-year profitability is achieved as a financial challenge. - FY2017-Q2MitigatedAnnual report
「Net cash provided by financing activities was ¥813 million (net cash provided of ¥529 million in the same quarter of the previous year). This was mainly due to proceeds from the issuance of shares.」
The Company secured ¥813 million in financing cash flow through a share issuance and is addressing the funding risk associated with growth investments. - FY2017-Q1MitigatedAnnual report
「Amount of funds raised: ¥4,498,200,000 (estimated net proceeds after deducting issuance expenses: ¥4,488,500,000)」
The Company issued stock acquisition rights through a third-party allotment and established a funding facility to finance growth investments. It also states that the amount raised will decline if only some of the rights are exercised. - FY2016First statedAnnual report
「If it becomes difficult to secure the investment funds needed to execute the plan, the Group may miss business opportunities, adversely affecting its performance.」
The Company has disclosed funding availability as a risk, assuming continued investment in network equipment, software and systems.