Credit management of trade receivables and liquidity management of borrowings
First written in FY2016. 3 of 29 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2025: 2 of 17 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Cash and cash equivalents decreased due to the establishment of time depositsAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, at the end of the fiscal year decreased by ¥2,294 million from the end of the previous fiscal year to ¥4,499 million. This was mainly due to an outflow of ¥2,000 million for placing funds in time deposits, among other factors.」
Cash and cash equivalents decreased by ¥2,294 million to ¥4,499 million, with the Company disclosing a ¥2,000 million placement in time deposits as the main factor. Short-term borrowings remained unchanged from the end of the previous fiscal year at ¥550 million. - FY2026-H1Increase in operating receivables and short-term borrowings and decrease in cashAnnual report
「Total assets at the end of the interim accounting period increased by ¥81 million from the end of the previous fiscal year to ¥13,119 million. This was mainly due to increases of ¥428 million in notes and accounts receivable and contract assets and ¥259 million in costs on uncompleted construction contracts, despite a decrease of ¥714 million in cash and deposits. Total liabilities at the end of the interim accounting period increased by ¥174 million from the end of the previous fiscal year to ¥4,058 million. This was mainly due to increases of ¥338 million in accounts payable and ¥300 million in short-term borrowings.」
From the end of the previous fiscal year, cash and deposits decreased by ¥714 million, while notes and accounts receivable and contract assets increased by ¥428 million, costs on uncompleted construction contracts increased by ¥259 million, and short-term borrowings increased by ¥300 million. - FY2025-H1Increase in operating receivables and short-term borrowings and decrease in cashAnnual report
「Total assets at the end of the interim accounting period increased by ¥54 million from the end of the previous fiscal year to ¥12,206 million. This was mainly due to an increase of ¥1,197 million in notes and accounts receivable and contract assets, despite a decrease of ¥1,140 million in cash and deposits. Total liabilities at the end of the interim accounting period increased by ¥270 million from the end of the previous fiscal year to ¥2,396 million. This was mainly due to increases of ¥105 million in accounts payable and ¥250 million in short-term borrowings.」
At the end of the interim period, cash and deposits decreased by ¥1,140 million, while notes and accounts receivable and contract assets increased by ¥1,197 million and short-term borrowings increased by ¥250 million. - FY2024Decrease in cash and accounts receivable while short-term borrowings remain unchangedAnnual report
「Total assets at the end of the fiscal year decreased by ¥2,495 million from the end of the previous fiscal year to ¥12,152 million. This was mainly due to decreases of ¥1,656 million in cash and deposits and ¥885 million in accounts receivable.」
For the full fiscal year, cash and deposits decreased by ¥1,656 million and accounts receivable decreased by ¥885 million. Meanwhile, short-term borrowings remained unchanged from the end of the previous fiscal year at ¥550 million. - FY2024-Q3Decrease in cash and operating receivables and increase in short-term borrowingsAnnual report
「Total assets at the end of the third quarter decreased by ¥2,033 million from the end of the previous fiscal year to ¥12,614 million. This was mainly due to decreases of ¥1,912 million in cash and deposits and ¥75 million in notes and accounts receivable and contract assets. Total liabilities at the end of the third quarter decreased by ¥1,595 million from the end of the previous fiscal year to ¥2,251 million. This was mainly because accounts payable decreased by ¥324 million, income taxes payable decreased by ¥799 million, the provision for bonuses decreased by ¥287 million, and other payables included in other current liabilities decreased by ¥400 million, despite an increase of ¥500 million in short-term borrowings.」
At the end of the third quarter, cash and deposits decreased by ¥1,912 million and notes and accounts receivable and contract assets decreased by ¥75 million, while short-term borrowings increased by ¥500 million. - FY2024-Q2Decrease in cash and operating receivables and increase in short-term borrowingsAnnual report
「Total assets at the end of the second quarter decreased by ¥1,865 million from the end of the previous fiscal year to ¥12,781 million. This was mainly due to decreases of ¥1,467 million in cash and deposits and ¥624 million in notes and accounts receivable and contract assets. Total liabilities at the end of the second quarter decreased by ¥1,082 million from the end of the previous fiscal year to ¥2,764 million. This was mainly because income taxes payable decreased by ¥799 million, the provision for bonuses decreased by ¥230 million, and other payables included in other current liabilities decreased by ¥383 million, despite increases of ¥237 million in accounts payable and ¥500 million in short-term borrowings.」
At the end of the second quarter, cash and deposits decreased by ¥1,467 million and notes and accounts receivable and contract assets decreased by ¥624 million, while short-term borrowings increased by ¥500 million. - FY2024-Q1Decrease in cash, operating receivables and liabilitiesAnnual report
「Total assets at the end of the first quarter decreased by ¥2,304 million from the end of the previous fiscal year to ¥12,343 million. This was mainly due to decreases of ¥1,400 million in cash and deposits and ¥941 million in notes and accounts receivable and contract assets. (Liabilities) Total liabilities at the end of the first quarter decreased by ¥1,739 million from the end of the previous fiscal year to ¥2,106 million. This was mainly due to decreases of ¥272 million in accounts payable, ¥811 million in income taxes payable, and ¥432 million in other payables included in other current liabilities.」
At the end of the first quarter, cash and deposits decreased by ¥1,400 million and notes and accounts receivable and contract assets decreased by ¥941 million. Liabilities also decreased by ¥1,739 million, while short-term borrowings remained unchanged from the end of the previous fiscal year at ¥550 million. - FY2023-Q3Decrease in cash, increase in operating receivables and increase in short-term borrowingsAnnual report
「(Assets) Total assets at the end of the third quarter decreased by ¥1,561 million from the end of the previous fiscal year to ¥14,156 million. This was mainly due to a decrease of ¥3,350 million in cash and deposits, despite increases of ¥1,123 million in costs on uncompleted construction contracts and ¥936 million in notes and accounts receivable and contract assets. (Liabilities) Total liabilities at the end of the third quarter decreased by ¥2,698 million from the end of the previous fiscal year to ¥3,754 million. This was mainly because accounts payable decreased by ¥320 million and income taxes payable decreased by ¥1,308 million, despite an increase of ¥500 million in short-term borrowings.」
At the end of the third quarter, cash and deposits decreased by ¥3,350 million, while notes and accounts receivable and contract assets increased by ¥936 million and short-term borrowings increased by ¥500 million. - FY2023-Q2Decrease in cash, increase in operating receivables and increase in short-term borrowingsAnnual report
「Total assets at the end of the second quarter decreased by ¥2,559 million from the end of the previous fiscal year to ¥13,159 million. This was mainly due to a decrease of ¥3,333 million in cash and deposits, despite increases of ¥336 million in costs on uncompleted construction contracts and ¥646 million in notes and accounts receivable and contract assets. Total liabilities at the end of the second quarter decreased by ¥2,637 million from the end of the previous fiscal year to ¥3,815 million. This was mainly because accounts payable decreased by ¥344 million and income taxes payable decreased by ¥1,576 million, despite an increase of ¥500 million in short-term borrowings.」
At the end of the second quarter, cash and deposits decreased by ¥3,333 million, while notes and accounts receivable and contract assets increased by ¥646 million and short-term borrowings increased by ¥500 million. Accounts payable and income taxes payable decreased. - FY2023-Q1Decrease in cash, operating receivables and accounts payable while borrowings remain unchangedAnnual report
「Total assets at the end of the first quarter decreased by ¥4,056 million from the end of the previous fiscal year to ¥11,661 million. This was mainly due to decreases of ¥3,412 million in cash and deposits and ¥1,474 million in notes and accounts receivable and contract assets, despite an increase of ¥960 million in costs on uncompleted construction contracts. Total liabilities at the end of the first quarter decreased by ¥3,764 million from the end of the previous fiscal year to ¥2,689 million. This was mainly due to decreases of ¥597 million in accounts payable and ¥1,736 million in income taxes payable.」
At the end of the first quarter, cash and deposits decreased by ¥3,412 million, notes and accounts receivable and contract assets decreased by ¥1,474 million, accounts payable decreased by ¥597 million, and income taxes payable decreased by ¥1,736 million from the end of the previous fiscal year. Short-term borrowings remained unchanged at ¥500 million. - FY2022Increase in cash and accounts receivable and decrease in short-term borrowingsAnnual report
「Total assets at the end of the fiscal year increased by ¥7,280 million from the end of the previous fiscal year to ¥15,718 million. This was mainly due to increases of ¥6,348 million in cash and deposits and ¥2,035 million in accounts receivable. Total liabilities at the end of the fiscal year increased by ¥2,568 million from the end of the previous fiscal year to ¥6,453 million. This was mainly because accounts payable increased by ¥956 million, other payables increased by ¥648 million, and income taxes payable increased by ¥1,759 million, despite a decrease of ¥1,300 million in short-term borrowings.」
At the end of the fiscal year, cash and deposits increased by ¥6,348 million and accounts receivable increased by ¥2,035 million, while short-term borrowings decreased by ¥1,300 million. Regarding working capital, the Company indicated that it believes the necessary business funds have been secured. - FY2022-Q3Significant increases in operating receivables, short-term borrowings and borrowings drawnAnnual report
「Total assets at the end of the third quarter increased by ¥10,933 million from the end of the previous fiscal year to ¥19,371 million. This was mainly due to increases of ¥5,133 million in cash and deposits and ¥6,900 million in notes and accounts receivable and contract assets. Total liabilities at the end of the third quarter increased by ¥8,771 million from the end of the previous fiscal year to ¥12,657 million. This was mainly due to an increase of ¥8,750 million in short-term borrowings. Total overdraft limit: ¥12,900 million Borrowings drawn: ¥10,550 million Undrawn amount: ¥2,350 million」
Notes and accounts receivable and contract assets increased by ¥6,900 million, and short-term borrowings increased by ¥8,750 million. Under the overdraft agreements, borrowings drawn were ¥10,550 million against a limit of ¥12,900 million, leaving an undrawn amount of ¥2,350 million, and the amount drawn increased from the previous quarter. - FY2022-Q2AdvancedAnnual report
「Total assets at the end of the second quarter increased by ¥8,590 million from the end of the previous fiscal year to ¥17,028 million. This was mainly due to increases of ¥1,123 million in cash and deposits, ¥7,204 million in notes and accounts receivable and contract assets, and ¥476 million in costs on uncompleted construction contracts. Total overdraft limit: ¥12,900 million; borrowings drawn: ¥5,250 million; undrawn amount: ¥7,650 million.」
Notes and accounts receivable and contract assets increased by ¥7,204 million, and short-term borrowings increased by ¥3,450 million. In addition, for overdraft agreements with 6 banks, the Company discloses an overdraft limit of ¥12,900 million and borrowings drawn of ¥5,250 million, specifying the working-capital funding capacity and amount used. - FY2022-Q1Increase in contract assets and accounts payable while maintaining the overdraft facilityAnnual report
「Total assets at the end of the first quarter increased by ¥494 million from the end of the previous fiscal year to ¥8,932 million. This was mainly due to increases of ¥838 million in notes and accounts receivable and contract assets and ¥86 million in costs on uncompleted construction contracts, despite a decrease of ¥614 million in cash and deposits. Total liabilities at the end of the first quarter increased by ¥357 million from the end of the previous fiscal year to ¥4,242 million. This was mainly due to an increase of ¥689 million in accounts payable. Total overdraft limit: ¥5,950 million; borrowings drawn: ¥1,800 million; undrawn amount: ¥4,150 million.」
Notes and accounts receivable and contract assets increased by ¥838 million, costs on uncompleted construction contracts increased by ¥86 million, and accounts payable increased by ¥689 million, while cash and deposits decreased by ¥614 million. The overdraft agreements remained at the same level as at the end of the previous fiscal year, with a limit of ¥5,950 million, borrowings drawn of ¥1,800 million and an undrawn amount of ¥4,150 million. - FY2021AdvancedAnnual report
「The Company has entered into overdraft agreements with 6 banks with which it conducts business to efficiently procure working capital. At the end of the fiscal year, the amounts under these overdraft agreements were as follows: Total overdraft limit: ¥5,950 million Borrowings drawn: ¥1,800 million Undrawn amount: ¥4,150 million」
For overdraft agreements with 6 banks, the Company discloses an overdraft limit of ¥5,950 million, borrowings drawn of ¥1,800 million and an undrawn amount of ¥4,150 million. Borrowings drawn increased from ¥600 million in the previous fiscal year to ¥1,800 million. - FY2021-Q3AdvancedAnnual report
「The Company has entered into overdraft agreements with 6 banks with which it conducts business to efficiently procure working capital. Under these agreements, the total overdraft limit was ¥5,950 million, borrowings drawn were ¥1,300 million, and the undrawn amount was ¥4,650 million.」
For overdraft agreements with 6 banks, the Company discloses the overdraft limit, borrowings drawn and undrawn amount in detail. Borrowings drawn increased from ¥600 million at the end of the previous fiscal year to ¥1,300 million, indicating that the means of securing necessary working capital is being used in practice. - FY2021-Q1Decrease in cash and accounts receivable and increase in short-term borrowingsAnnual report
「Total assets at the end of the first quarter decreased by ¥1,322 million from the end of the previous fiscal year to ¥7,664 million. This was mainly due to decreases of ¥896 million in cash and deposits and ¥776 million in notes and accounts receivable. Total liabilities at the end of the first quarter decreased by ¥697 million from the end of the previous fiscal year to ¥2,491 million. This was mainly because accounts payable decreased by ¥235 million, income taxes payable decreased by ¥418 million, and accounts payable included in other current liabilities decreased by ¥482 million, despite an increase of ¥500 million in short-term borrowings.」
From the end of the previous fiscal year, cash and deposits decreased by ¥896 million and notes and accounts receivable decreased by ¥776 million, while short-term borrowings increased by ¥500 million. No change in the methods used to manage receivables or manage cash flows was indicated. - FY2020Increase in cash and decrease in accounts receivableAnnual report
「Total assets at the end of the fiscal year increased by ¥1,162 million from the end of the previous fiscal year to ¥8,987 million. This was mainly due to an increase of ¥1,432 million in cash and deposits, despite a decrease of ¥648 million in accounts receivable.」
Operating receivables decreased by ¥648 million, while cash and deposits increased by ¥1,432 million. No change in the methods used to manage receivables or manage cash flows was indicated. - FY2020-Q3Continued increases in trade receivables, costs incurred under uncompleted construction contracts and short-term borrowingsAnnual report
「Total assets at the end of the third quarter decreased by ¥3,421 million from the end of the previous fiscal year to ¥11,246 million. This was mainly due to increases of ¥947 million in cash and deposits, ¥2,053 million in notes and accounts receivable, and ¥552 million in costs on uncompleted construction contracts. Total liabilities at the end of the third quarter increased by ¥1,945 million from the end of the previous fiscal year to ¥4,668 million. This was mainly because short-term borrowings increased by ¥1,900 million and income taxes payable increased by ¥516 million, despite decreases of ¥545 million in accounts payable and ¥89 million in the provision for bonuses.」
From the end of the previous fiscal year, notes and accounts receivable increased by ¥2,053 million, costs on uncompleted construction contracts increased by ¥552 million, and short-term borrowings increased by ¥1,900 million. No change in the methods used to manage receivables or manage cash flows was indicated. - FY2020-Q2Significant increases in trade receivables, costs incurred under uncompleted construction contracts and short-term borrowingsAnnual report
「Total assets at the end of the second quarter increased by ¥3,083 million from the end of the previous fiscal year to ¥10,908 million. This was mainly due to increases of ¥139 million in cash and deposits, ¥2,102 million in notes and accounts receivable and ¥894 million in costs incurred under uncompleted construction contracts. Liabilities at the end of the second quarter increased by ¥2,690 million from the end of the previous fiscal year to ¥5,413 million. This was mainly due to increases of ¥650 million in accounts payable, ¥1,900 million in short-term borrowings, ¥138 million in income taxes payable and ¥46 million in provision for bonuses.」
At the end of the second quarter, notes and accounts receivable increased by ¥2,102 million, costs incurred under uncompleted construction contracts by ¥894 million and short-term borrowings by ¥1,900 million from the end of the previous fiscal year. No change in the receivables management or cash flow management methods themselves was indicated. - FY2020-Q1Costs incurred under uncompleted construction contracts and short-term borrowings increasedAnnual report
「Total assets at the end of the first quarter increased by ¥475 million from the end of the previous fiscal year to ¥8,300 million. This was mainly due to increases of ¥92 million in cash and deposits and ¥295 million in costs incurred under uncompleted construction contracts, despite a decrease of ¥136 million in notes and accounts receivable. Liabilities at the end of the first quarter increased by ¥642 million from the end of the previous fiscal year to ¥3,364 million. This was mainly due to increases of ¥404 million in accounts payable, ¥300 million in short-term borrowings and ¥59 million in provision for bonuses, despite a decrease of ¥102 million in income taxes payable.」
At the end of the first quarter, costs incurred under uncompleted construction contracts increased by ¥295 million, accounts payable by ¥404 million and short-term borrowings by ¥300 million, while notes and accounts receivable decreased by ¥136 million. No change in the receivables management or cash flow management methods themselves was indicated. - FY2019Decrease in short-term borrowings and introduction of long-term borrowingsAnnual report
「Short-term borrowings 800,000 500,000. Current portion of long-term borrowings - 75,000. Long-term borrowings, excluding the current portion - 225,000.」
Short-term borrowings decreased from 800 million to 500 million from the end of the previous fiscal year, while ¥300 million in long-term borrowings, including ¥75 million due within 1 year, was newly recorded. Accounts receivable, a trade receivable, increased by ¥137 million from the end of the previous fiscal year. - FY2019-Q3Trade receivables and short-term borrowings increasedAnnual report
「Total assets at the end of the third quarter increased by ¥707 million from the end of the previous fiscal year to ¥8,465 million. This was mainly due to increases of ¥277 million in cash and deposits, ¥260 million in notes and accounts receivable and ¥202 million in costs incurred under uncompleted construction contracts. Liabilities at the end of the third quarter increased by ¥411 million from the end of the previous fiscal year to ¥3,269 million. This was mainly because short-term borrowings increased by ¥1,200 million, despite decreases of ¥595 million in accounts payable, ¥101 million in provision for bonuses and ¥175 million in other accounts payable included in other current liabilities.」
Notes and accounts receivable increased by ¥260 million and short-term borrowings by ¥1,200 million from the end of the previous fiscal year. No change in the receivables management or cash flow management methods themselves was indicated. - FY2019-Q2Trade receivables and short-term borrowings increasedAnnual report
「Total assets at the end of the second quarter increased by ¥697 million from the end of the previous fiscal year to ¥8,455 million. This was mainly due to increases of ¥95 million in cash and deposits, ¥353 million in notes and accounts receivable and ¥264 million in costs incurred under uncompleted construction contracts. Liabilities at the end of the second quarter increased by ¥786 million from the end of the previous fiscal year to ¥3,643 million. This was mainly due to increases of ¥438 million in accounts payable and ¥600 million in short-term borrowings, despite decreases of ¥40 million in income taxes payable and ¥166 million in other accounts payable included in other current liabilities.」
At the end of the second quarter, notes and accounts receivable increased by ¥353 million and short-term borrowings by ¥600 million from the end of the previous fiscal year. No change in the receivables management or cash flow management methods themselves was indicated. - FY2019-Q1Trade receivables and short-term borrowings increasedAnnual report
「Total assets at the end of the first quarter increased by ¥120 million from the end of the previous fiscal year to ¥7,878 million. This was mainly due to increases of ¥104 million in notes and accounts receivable and ¥48 million in costs incurred under uncompleted construction contracts, partially offset by a decrease of ¥40 million in cash and deposits. Liabilities at the end of the first quarter increased by ¥245 million from the end of the previous fiscal year to ¥3,102 million. This was mainly due to increases of ¥173 million in accounts payable, ¥200 million in short-term borrowings and ¥58 million in provision for bonuses, partially offset by decreases of ¥50 million in income taxes payable and ¥168 million in other accounts payable included in other current liabilities.」
Notes and accounts receivable increased by ¥104 million and short-term borrowings by ¥200 million from the end of the previous fiscal year. No change in the receivables management or cash flow management methods themselves was indicated. - FY2018Trade receivables and short-term borrowings increasedAnnual report
「Assets increased by ¥640 million from the end of the previous fiscal year to ¥7,758 million. This was mainly due to increases of ¥411 million in cash and deposits and ¥229 million in accounts receivable, partially offset by a decrease of ¥32 million in bankruptcy and reorganization claims. Liabilities increased by ¥339 million from the end of the previous fiscal year to ¥2,857 million. This was mainly due to increases of ¥460 million in accounts payable and ¥100 million in short-term borrowings, partially offset by decreases of ¥46 million in other accounts payable and ¥123 million in income taxes payable.」
Accounts receivable increased by ¥229 million and short-term borrowings by ¥100 million from the end of the previous fiscal year. No change in the receivables management or cash flow management methods themselves was indicated. - FY2018-Q3Trade receivables and borrowings increasedAnnual report
「Total assets at the end of the third quarter increased by ¥1,580 million from the end of the previous fiscal year to ¥8,697 million. This was mainly due to an increase of ¥1,595 million in notes and accounts receivable. Liabilities at the end of the third quarter increased by ¥1,084 million from the end of the previous fiscal year to ¥3,602 million. This was mainly because borrowings increased by ¥1,452 million in total, despite decreases of ¥125 million in accounts payable and ¥113 million in provision for bonuses.」
The filing states that notes and accounts receivable increased by ¥1,595 million and borrowings increased by ¥1,452 million in total from the end of the previous fiscal year. These were changes in balances related to the management of trade receivable credit risk and borrowing liquidity risk, but this filing does not indicate any change in the management methods themselves. - FY2017RestatedAnnual report
「With respect to this risk, the company manages due dates and balances for each customer in accordance with its Receivables Management Regulations, and individually identifies and addresses receivables that are overdue for collection. Borrowings are primarily for working capital purposes and are exposed to liquidity risk, which the company manages by preparing cash flow plans in a timely manner.」
The company continues to describe its methods for managing credit risk on trade receivables and liquidity risk on borrowings. - FY2016First statedAnnual report
「With respect to this risk, the company manages due dates and balances for each customer in accordance with its Receivables Management Regulations, and individually identifies and addresses receivables that are overdue for collection. Borrowings are primarily for working capital purposes and are exposed to liquidity risk, which the company manages by preparing cash flow plans in a timely manner.」
Credit risk on accounts receivable is managed under the Receivables Management Regulations, while liquidity risk on borrowings is managed through cash flow planning.