Securing a Working Capital Funding Facility through an Overdraft Agreement
First written in FY2018-Q1. 15 of 20 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1RestatedAnnual report
「The Company's basic policy is to fund working capital primarily through internal funds and short-term and long-term borrowings from financial institutions, and capital expenditures primarily through internal funds and long-term borrowings from financial institutions.」
The Company's funding policy remains to finance working capital primarily through internal funds and short- and long-term borrowings, and capital expenditures primarily through internal funds and long-term borrowings. - FY2023-Q3DroppedAnnual report
「As of the end of the third quarter accounting period, the balance of borrowings was ¥2,499 million. The balance of cash and cash equivalents was ¥2,164.98 million.」
The funding disclosure for the quarter no longer mentioned the overdraft agreement with the principal transaction bank that had been disclosed previously, and showed only the balances of borrowings and cash. - FY2022RestatedAnnual report
「In terms of funding, the Company held cash and deposits of ¥2,203.609 million at the end of the fiscal year under review and had secured the necessary funding capacity by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital. It therefore determined that there were no funding issues.」
The Company continued to maintain cash holdings and the necessary funding capacity through an overdraft agreement with its principal transaction bank as funding measures. - FY2022-Q2RestatedAnnual report
「In terms of funding, the Company held cash and deposits of ¥2,524.385 million at the end of the second quarter accounting period and had secured the necessary funding capacity by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital. It therefore determined that there were no funding issues.」
The Company continued to identify its cash holdings and the securing of the necessary funding capacity through an overdraft agreement with its principal transaction bank as measures related to going concern. - FY2021MitigatedAnnual report
「In terms of funding, the Company held cash and deposits of ¥2,719.631 million at the end of the fiscal year under review and had secured the necessary funding capacity by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital. It therefore determined that there were no funding issues.」
Cash and deposits increased to ¥2,719.631 million, while the Company continued to secure the necessary funding capacity through an overdraft agreement. - FY2021-Q3AdvancedAnnual report
「In addition, the Company strengthened its financial base and secured the necessary working capital by selling land it held for ¥3,100 million on 30 September 2021.」
The Company stated that, in addition to its overdraft agreement and total long-term financing of ¥1,000 million obtained in December 2020, it secured the necessary working capital by selling land for ¥3,100 million. - FY2021-Q2RestatedAnnual report
「In terms of funding, the Company held cash and deposits of ¥515.575 million at the end of the second quarter accounting period. In addition to entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, it obtained additional financing in December 2020 by drawing down ¥500 million in long-term financing from Bank of Yokohama and ¥500 million in long-term financing through a subordinated capital loan from Shoko Chukin Bank. The Company therefore determined that it had secured the necessary working capital.」
The Company continued to identify its cash holdings, overdraft agreement and total long-term financing of ¥1,000 million obtained in December 2020 as measures to secure the necessary working capital. - FY2021-Q1RestatedAnnual report
「In terms of funding, the Company held cash and deposits of ¥486.687 million at the end of the first quarter accounting period. In addition to entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, as described in “II. Business Overview, 3. Material Contracts,” it obtained additional financing in December 2020 by drawing down ¥500 million in long-term financing from Bank of Yokohama and ¥500 million in long-term financing through a subordinated capital loan from Shoko Chukin Bank. The Company therefore determined that it had secured the necessary working capital.」
The Company continued to identify its cash holdings, overdraft agreement and total long-term financing of ¥1,000 million obtained in December 2020 as funding measures. - FY2020AdvancedAnnual report
「To secure additional stable funding, in December 2020 the Company drew down ¥500 million in long-term financing from Bank of Yokohama and ¥500 million in long-term financing through a subordinated capital loan from Shoko Chukin Bank.」
In addition to securing funding capacity through an overdraft agreement, the Company drew down a total of ¥1,000 million in long-term financing after the end of the period, marking concrete progress in its funding measures. - FY2020-Q3RestatedAnnual report
「In terms of funding, the Company held cash and deposits of ¥419.744 million at the end of the third quarter accounting period. It had also entered into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital and was negotiating to secure additional stable funding, and had secured the necessary funding capacity. It therefore determined that there were no funding issues.」
The Company continued to maintain cash holdings and an overdraft agreement with its principal transaction bank, while negotiating to secure additional funding. - FY2020-Q2RestatedAnnual report
「In terms of funding, the Company held cash and deposits of ¥406.215 million at the end of the second quarter accounting period. It had also entered into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital and was negotiating to secure additional stable funding, and had secured the necessary funding capacity. It therefore determined that there were no funding issues.」
The Company continued to maintain cash holdings and funding capacity through an overdraft agreement with its principal transaction bank, while also negotiating to secure additional stable funding. - FY2020-Q1RestatedAnnual report
「In terms of funding, the Company also held cash and deposits of ¥411.364 million at the end of the first quarter accounting period and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital. It therefore determined that there were no funding issues.」
The Company continued to identify its cash holdings and the securing of the necessary funding capacity through an overdraft agreement with its principal transaction bank as measures related to going concern. - FY2019RestatedAnnual report
「The Company also held cash and deposits of ¥381.375 million at the end of the fiscal year under review and determined that it had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital.」
The Company continued to identify its cash holdings and the securing of the necessary funding capacity through an overdraft agreement with its principal transaction bank as measures related to going concern. - FY2019-Q3RestatedAnnual report
「In addition, as the Company held cash and deposits of ¥326.397 million at the end of the third quarter accounting period and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, it determined that there were no funding issues.」
The Company continued to identify its cash holdings and the securing of the necessary funding capacity through an overdraft agreement with its principal transaction bank as measures related to going concern. - FY2019-Q2RestatedAnnual report
「In addition, as the Company held cash and deposits of ¥326.58 million at the end of the second quarter accounting period and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, it determined that there were no funding issues.」
The Company continued to identify its cash holdings and the securing of the necessary funding capacity through an overdraft agreement with its principal transaction bank as measures related to going concern. - FY2019-Q1RestatedAnnual report
「In addition, as the Company held cash and deposits of ¥306.807 million at the end of the first quarter accounting period and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, it determined that there were no funding issues.」
The Company continued to identify its cash holdings and the securing of the necessary funding capacity through an overdraft agreement with its principal transaction bank as measures related to going concern. - FY2018RestatedAnnual report
「At the end of the fiscal year under review, the Company held cash and deposits of ¥424.268 million and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital,」
The Company continued to identify its cash holdings and the securing of funding capacity through an overdraft agreement with its principal transaction bank as measures related to going concern. - FY2018-Q3RestatedAnnual report
「However, as the Company held cash and deposits of ¥460.767 million at the end of the third quarter accounting period and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, it determined that there were no funding issues.」
The Company continued to identify the securing of working-capital funding capacity through an overdraft agreement as a funding measure. - FY2018-Q2RestatedAnnual report
「However, as the Company held cash and deposits of ¥749.692 million at the end of the second quarter accounting period and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, it determined that there were no funding issues.」
The Company continued to identify the securing of working-capital funding capacity through an overdraft agreement as a funding measure, with cash and deposits of ¥749.692 million at the end of the second quarter. - FY2018-Q1First statedAnnual report
「However, as the Company held cash and deposits of ¥402.17 million at the end of the first quarter accounting period and had secured the necessary funding capacity, including by entering into an overdraft agreement with its principal transaction bank for the efficient procurement of working capital, it determined that there were no funding issues.」
As a response to the material doubt about going concern, the Company specifically disclosed for the first time that, in addition to its cash holdings, it had secured working-capital funding capacity through an overdraft agreement with its principal transaction bank.