Optimizing the financial strategy for the fiscal year ending March 2021
First written in FY2020. 8 of 15 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2025-H1.
31 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「In addition, under good relationships with financial institutions, the company will ensure that funding is secured.」
It continues its financial policy of ensuring that funding is secured on the basis of good relationships with financial institutions. - FY2024-Q2AdvancedAnnual report
「The company believes that there are no longer concerns about cash management for the time being, as it has steadily implemented measures addressing the highest-priority objectives described in the previous fiscal year's securities report under “Business and Other Risks” and has established a path to refinance ¥1,000 million in short-term borrowings as long-term borrowings, with bullet repayment at the end of March 2025. The refinancing was executed in October 2023.」
Regarding optimization of its financial strategy, it states that measures addressing the highest-priority objectives have been implemented and that a path has been established to refinance ¥1,000 million in short-term borrowings as long-term borrowings in October 2023. - FY2024-Q1RestatedAnnual report
「In addition, under good relationships with financial institutions, the company will ensure that funding is secured.」
It continues its financial policy of ensuring that funding is secured on the basis of good relationships with financial institutions. - FY2023AdvancedAnnual report
「In October 2023, the company plans, as in the previous fiscal year, to refinance part of the short-term borrowings raised in October 2020 by changing them to long-term borrowings maturing in March 2025. This will ensure that there is no problem securing the working capital required for operating activities.」
Regarding optimization of its financial strategy, it indicates plans in October 2023, following the refinancing in October 2022, to change part of its short-term borrowings to long-term borrowings maturing in March 2025. - FY2023-Q2RestatedAnnual report
「In addition, under good relationships with financial institutions, the company will ensure that funding is secured.」
It continues to pursue a policy of ensuring that funding is secured on the basis of good relationships with financial institutions. - FY2023-Q1RestatedAnnual report
「In addition, under good relationships with financial institutions, the company will ensure that funding is secured.」
It continues to pursue a policy of ensuring that funding is secured on the basis of good relationships with financial institutions. - FY2022AdvancedAnnual report
「Due to reduced revenue resulting from limits on the number of people permitted at restaurants and banquets and shortened operating hours, the company raised ¥1,000 million by selling “Awata Sanso,” one of its principal properties, and issuing Class A preferred shares through a third-party allotment to Development Bank of Japan Inc., its principal lending financial institution. In addition, through measures including the smooth refinancing of short-term borrowings, there is no problem securing the working capital required for operating activities.」
Regarding optimization of its financial strategy, the company sold Awata Sanso, raised ¥1,000 million through preferred shares and refinanced short-term borrowings, securing working capital. - FY2022-Q3RestatedAnnual report
「Having implemented these measures, the Company determined that there are no concerns regarding liquidity for the foreseeable future and that no material uncertainty exists regarding the going-concern assumption.」
After implementing measures including the transfer of property, plant and equipment and the issuance of preferred shares to optimize its financial strategy, the company continues to believe that there are no concerns about cash management for the time being. - FY2022-Q2AdvancedAnnual report
「In addition to the measures described in the previous fiscal year's securities report under “Business and Other Risks,” during the cumulative second quarter the company transferred property, plant and equipment and issued preferred shares through a third-party allotment, among other measures.」
As measures to optimize its financial strategy and secure funding, the company has progressed to the implementation stage of transferring property, plant and equipment and issuing preferred shares through a third-party allotment. - FY2022-Q1AdvancedAnnual report
「During the cumulative first quarter, the company recorded an operating loss of ¥596 million and a quarterly net loss of ¥352 million. Although performance recovered compared with the same period of the previous year, uncertainty in the business environment due to the impact of COVID-19 remains high, and events or circumstances exist that may raise significant doubt about the company's ability to continue as a going concern. In addition to the measures described in the previous fiscal year's securities report under “Business and Other Risks,” the company transferred property, plant and equipment and the Board of Directors resolved to issue preferred shares through a third-party allotment and take other measures by the date of submission of the quarterly securities report for the cumulative first quarter.」
Regarding optimization of its financial strategy, the transfer of property, plant and equipment and the resolution to issue preferred shares through a third-party allotment have moved into the implementation stage as new measures to secure funding. - FY2021AdvancedAnnual report
「Due to a substantial decline in revenue from voluntary suspension of operations and temporary closures, the company raised ¥3,000 million through loans from 3 principal lending financial institutions. In addition, it provided collateral to maintain its existing overdraft facility of ¥950 million and enable flexible financing should further funding become necessary.」
Regarding optimization of its financial strategy, it states that the company raised ¥3,000 million from 3 principal lending financial institutions and provided collateral to maintain its ¥950 million overdraft facility. - FY2021-Q3RestatedAnnual report
「The company raised an additional ¥3,000 million in October and believes that there are no concerns about cash management for the time being. However, as uncertainty in the business environment remains high, events or circumstances exist that may raise significant doubt about the company's ability to continue as a going concern.」
It continues to disclose that it raised ¥3,000 million in new financing in October and believes that there are no concerns about cash management for the time being. - FY2021-Q2AdvancedAnnual report
「Due to a substantial decline in revenue from voluntary suspension of operations and temporary closures, the company raised ¥3,000 million through loans from 3 principal lending financial institutions. In addition, it provided collateral to maintain its existing overdraft facility of ¥950 million and enable flexible financing should further funding become necessary.」
The company raised ¥3,000 million from 3 principal lending financial institutions and provided collateral for its existing ¥950 million overdraft facility to enable flexible financing. - FY2021-Q1AdvancedAnnual report
「The company believes that it has sufficient collateral capacity relative to its current interest-bearing debt balance and has no concerns about financing for the time being. In addition, under smooth relationships with financial institutions, it has begun discussions with its principal lending financial institution regarding matters under consideration, including timing and amount, to ensure that funding is secured.」
Regarding optimization of its financial strategy, it states that discussions have begun with its principal lending financial institution regarding the timing, amount and other details of securing funding. - FY2020First statedAnnual report
「For the fiscal year ending March 2021, the company will focus on “optimizing its financial strategy” and “reducing expenses” as its highest-priority objectives. Under smooth relationships with financial institutions, it will first ensure that funding is secured. It has already begun discussions with its principal lending financial institution regarding matters under consideration, including timing and amount.」
It identifies optimizing the financial strategy as a highest-priority objective for the fiscal year ending March 2021 amid the COVID-19 pandemic, and for the first time explicitly states the goal of holding discussions with financial institutions and securing funding.