Liquidity Risk Management Through Diversified Funding Sources
First written in FY2017. 25 of 36 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-09-03.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「To prevent or reduce liquidity risk, the Group considers market conditions and the balance between short- and long-term funding and diversifies its funding sources by using indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance.」
Direct funding, including bond issuance, has continued, and cash flow from financing activities for the fiscal year was positive at ¥104.685 billion. Credit facilities were ¥40.2 billion, with an undrawn balance of ¥27.6 billion. - FY2026-H1AdvancedAnnual report
「To reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods.」
The policy of combining indirect and direct financing has continued, and ¥73.46 billion in U.S. dollar-denominated bonds was issued during the interim period. Cash flow from financing activities was also positive at ¥23.834 billion. - FY2025Credit facilities decreased while the undrawn balance increasedAnnual report
「The credit facilities held by the Group are as follows: credit facilities of ¥40.2 billion, drawn borrowings of ¥12.7 billion, and an undrawn balance of ¥27.5 billion.」
Credit facilities decreased from ¥42.7 billion in the previous fiscal year to ¥40.2 billion, while the undrawn balance increased from ¥25 billion to ¥27.5 billion. The policy of combining bank borrowings and other indirect financing with bond issuance has continued. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period, the Company issued ¥95 billion in bonds.」
In addition to indirect financing, such as bank borrowings, the Company issued a total of ¥95 billion in bonds during the interim period, continuing to diversify its funding methods. - FY2024Credit facilities increased while the undrawn balance decreasedAnnual report
「The credit facilities held by the Group are as follows: credit facilities of ¥42.7 billion, drawn borrowings of ¥17.7 billion, and an undrawn balance of ¥25 billion.」
Credit facilities increased from ¥42 billion in the previous fiscal year to ¥42.7 billion, while the undrawn balance decreased from ¥28.158 billion to ¥25 billion. The policy of diversified funding through bond issuance and other methods has continued. - FY2024-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 13 February 2024, the company resolved to issue unsecured straight bonds with a maximum issue amount of ¥50 billion. The principal uses of proceeds are planned to be the redemption of bonds and repayment of borrowings.」
Under its policy of direct funding to reduce liquidity risk, the Company resolved to issue unsecured straight bonds with a maximum issue amount of ¥50 billion and added a plan to secure funds for repayment. - FY2024-Q2AdvancedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, the Company issued ¥56.9 billion in bonds.」
In addition to indirect financing, such as bank borrowings, the Company issued a total of ¥56.9 billion in bonds during the quarter, thereby adding direct funding. - FY2024-Q1AdvancedAnnual report
「During the cumulative first quarter of the consolidated fiscal year, the Company issued ¥46.9 billion in bonds.」
To reduce liquidity risk, the Company issued ¥46.9 billion in bonds in addition to indirect financing, such as bank borrowings, thereby adding direct funding. - FY2023WorsenedAnnual report
「The credit facilities held by the Group are as follows: credit facilities of ¥42 billion, drawn borrowings of ¥13.842 billion, and an undrawn balance of ¥28.158 billion.」
Credit facilities decreased from ¥45.5 billion in the previous fiscal year to ¥42 billion, while the undrawn balance decreased from ¥33.5 billion to ¥28.158 billion. Meanwhile, the policy of combining bank borrowings, bonds and other funding methods has continued. - FY2023-Q3RestatedAnnual report
「To reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods. Surplus funds are invested in highly liquid financial assets.」
The Group has reconfirmed its liquidity management policy of combining indirect financing with direct financing, such as bond issuance. - FY2023-Q2AdvancedAnnual report
「To reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods.」
Under the policy of combining indirect and direct financing, ¥57 billion in bonds was issued during the cumulative second quarter, providing specific support for liquidity. - FY2023-Q1AdvancedAnnual report
「Based on a resolution of the Company's board of directors meeting held on 24 June 2022, the Company issued bonds on 9 August 2022 as follows. 40th series of unsecured bonds (2) Total issue amount ¥22 billion (10) Use of proceeds Funds for bond redemption」
Direct funding to reduce liquidity risk has continued, and ¥22 billion in unsecured bonds was issued after the filing to secure funds for bond redemption. - FY2022AdvancedAnnual report
「Credit facilities 43,000 45,500 Drawn borrowings 15,900 12,000 Undrawn balance 27,100 33,500」
Credit facilities increased from ¥43 billion to ¥45.5 billion, while the undrawn balance increased from ¥27.1 billion to ¥33.5 billion, expanding available capacity to secure liquidity. - FY2022-Q3RestatedAnnual report
「To reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods.」
The Group has reconfirmed its liquidity management policy of combining indirect financing with direct financing, such as bond issuance, and issued ¥115 billion in bonds during the cumulative third quarter. - FY2022-Q2AdvancedAnnual report
「To reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods.」
The Group has reconfirmed its liquidity management policy of combining indirect and direct financing, and added direct funding through ¥50 billion in bond issuance during the quarter and ¥60 billion in issuance after the filing. - FY2022-Q1AdvancedAnnual report
「To reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods. During the cumulative first quarter of the consolidated fiscal year, the Group issued ¥50 billion in bonds.」
The policy of combining indirect and direct financing has continued, and a total of ¥50 billion in bonds was issued during the quarter, providing specific support for liquidity. - FY2021AdvancedAnnual report
「The Group maintains credit facilities, including loan commitment lines, with multiple financial institutions to reduce liquidity risk. The credit facilities held by the Group are as follows.」
Credit facilities increased from ¥38.3 billion in the previous fiscal year to ¥43 billion, while the undrawn balance increased from ¥22.7 billion to ¥27.1 billion. Together with bond issuance, this expanded the specific capacity available to secure liquidity. - FY2021-Q3AdvancedAnnual report
「29th unsecured corporate bond (2) Total issue amount: ¥10 billion 30th unsecured corporate bond (2) Total issue amount: ¥15 billion 31st unsecured corporate bond (2) Total issue amount: ¥25 billion」
Funding diversification to reduce liquidity risk has continued, and an additional ¥50 billion in unsecured bonds was issued on 2 February 2021. - FY2021-Q2RestatedAnnual report
「To prevent or reduce liquidity risk, the Group considers market conditions and the balance between short- and long-term funding and diversifies its funding sources by using indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance.」
The Company has reconfirmed its liquidity management policy of combining indirect financing with direct financing, such as bond issuance, and disclosed ¥30 billion in bond issuance during the quarter. - FY2021-Q1AdvancedAnnual report
「Based on a resolution of the Company's board of directors meeting held on 26 June 2020, the Company issued bonds on 14 July 2020 as follows.」
Liquidity management through diversified funding methods has continued, and a total of ¥30 billion in the 27th and 28th series of unsecured bonds was issued after the filing. - FY2020Disclosure of reduced credit facilities and measures to address the pandemicAnnual report
「In addition, in preparation for the prolonged impact of COVID-19, the Company will work to secure on-hand liquidity and funding capacity.」
While continuing its liquidity policy, credit facilities decreased from ¥46.85 billion to ¥38.3 billion, and the undrawn balance decreased from ¥37.35 billion to ¥22.7 billion, explicitly indicating preparations for a prolonged pandemic. - FY2020-Q3RestatedAnnual report
「During the nine-month consolidated cumulative period under review, we issued ¥76,500 million in bonds.」
The Company has reconfirmed its record of bond issuance during the cumulative third quarter in its efforts to secure liquidity through direct funding, including bond issuance. - FY2020-Q2AdvancedAnnual report
「To prevent or reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods. Surplus funds are invested in highly liquid financial assets.」
The policy of diversifying funding methods has continued, and ¥50 billion in bonds was issued during the quarter. A total of ¥26.5 billion in additional bond issuance was also disclosed after the filing. - FY2020-Q1AdvancedAnnual report
「Based on a resolution adopted at a meeting of our Board of Directors held on 22 July 2019, we issued the following bonds on 8 August 2019. 21st unsecured corporate bond (2) Total issue amount: ¥5 billion 22nd unsecured corporate bond (2) Total issue amount: ¥5 billion 23rd unsecured corporate bond (2) Total issue amount: ¥40 billion」
A total of ¥50 billion in multiple unsecured bonds was issued, advancing efforts to secure liquidity through direct funding, including bond issuance. - FY2019AdvancedAnnual report
「The Group maintains credit facilities, including loan commitment lines, with multiple financial institutions to reduce liquidity risk.」
Credit facilities increased from ¥46.4 billion in the previous fiscal year to ¥46.85 billion, while the undrawn balance increased from ¥33.94 billion to ¥37.35 billion, disclosing specific available capacity to secure liquidity. - FY2019-Q3AdvancedAnnual report
「During the nine-month consolidated cumulative period under review, we issued ¥35,000 million in bonds. This comprised the 19th unsecured corporate bond of ¥10,000 million (annual interest rate: 0.80%; issue date: 21 September 2018; maturity date: 21 September 2028) and the 20th unsecured corporate bond of ¥25,000 million (annual interest rate: 2.12%; issue date: 21 September 2018; maturity date: 21 September 2038).」
Additional direct funding through bond issuance is being implemented, advancing the diversification of funding methods. - FY2019-Q2AdvancedAnnual report
「To prevent or reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods. Surplus funds are invested in highly liquid financial assets.」
The Group has continued its liquidity risk management policy of combining indirect financing, such as bank borrowings and leases, with direct financing, such as bond issuance, and issued additional bonds during the quarter. - FY2019-Q1RestatedAnnual report
「To prevent or reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods. Surplus funds are invested in highly liquid financial assets.」
The Group has reconfirmed its liquidity risk management policy of combining indirect financing, such as bank borrowings and leases, with direct financing, such as bond issuance. - FY2018AdvancedAnnual report
「To prevent or reduce liquidity risk, the Group raises funds through indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance, taking into account market conditions and the balance between short- and long-term funding, with the aim of diversifying its funding methods. Surplus funds are invested in highly liquid financial assets.」
Direct funding, including bond issuance, has continued, and the year-end credit facilities of ¥46.4 billion and undrawn balance of ¥33.94 billion have also been disclosed. - FY2018-Q3AdvancedAnnual report
「During the nine-month consolidated cumulative period under review, we issued ¥41,500 million in bonds. This comprised the 16th unsecured corporate bond of ¥40,000 million (annual interest rate: 1.78%; issue date: 10 August 2017; maturity date: 10 August 2027), the 9th unsecured corporate bond of ¥1,000 million (annual interest rate: 0.2%; issue date: 30 June 2017; maturity date: 28 June 2024) and the 10th unsecured corporate bond of ¥500 million (annual interest rate: 0.24%; issue date: 25 September 2017; maturity date: 24 September 2027).」
Additional direct funding through bond issuance is being implemented, advancing the diversification of funding methods. - FY2018-Q2AdvancedAnnual report
「During the six-month consolidated cumulative period under review, we issued ¥40,500 million in bonds. This comprised the 16th unsecured corporate bond of ¥40,000 million (annual interest rate: 1.78%; issue date: 10 August 2017; maturity date: 10 August 2027) and the 10th unsecured corporate bond of ¥500 million (annual interest rate: 0.24%; issue date: 25 September 2017; maturity date: 24 September 2027).」
Additional direct funding through bond issuance is being implemented, advancing the specific use of funding methods in liquidity risk management. - FY2017First statedAnnual report
「To prevent or reduce liquidity risk, the Group considers market conditions and the balance between short- and long-term funding and diversifies its funding sources by using indirect financing, such as bank borrowings and leases, as well as direct financing, such as bond issuance.」
For the first time, separately describes combining indirect financing, including bank borrowings and leases, with direct financing, including bond issuance, to manage liquidity risk.