Securing Capital Investment Funds Through Own Funds and Financial Institution Borrowing
First written in FY2020. 3 of 16 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 16 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The funds for this equipment are expected to be financed mainly through internal funds and borrowings.」
The policy of primarily financing capital expenditures for new store openings, renovations and development through internal funds and borrowings remains in place. - FY2026-H1Long-term borrowing proceeds alongside repaymentsAnnual report
「This was mainly attributable to proceeds from long-term borrowings and a net increase of ¥15,316 million in short-term borrowings, payments of ¥20,773 million for the repayment of long-term borrowings, and dividend payments of ¥1,245 million.」
While continuing to raise funds from financial institutions, proceeds from long-term borrowings and a net increase in short-term borrowings occurred at the same time as repayments of long-term borrowings. - FY2025Reduction in total borrowings alongside continued long-term financingAnnual report
「Cash used in financing activities was ¥36,390 million. This was attributable to a net decrease of ¥32,131 million in short- and long-term borrowings.」
While continuing to raise funds from financial institutions, short- and long-term borrowings decreased by ¥32,131 million on a net basis, resulting in cash being used in financing activities. - FY2025-H1Continued funding mix centered on long-term financing rather than short-term financingAnnual report
「This was mainly due to proceeds of ¥30,000 million from long-term borrowings, a net decrease of ¥25,000 million in short-term borrowings, cash outflows of ¥3,534 million for repayment of long-term borrowings, and dividend payments of ¥1,246 million.」
Amid continued financing from financial institutions, a net decrease in short-term borrowings coexisted with financing through long-term borrowings, confirming the ongoing shift toward a longer-term funding mix. - FY2024AdvancedAnnual report
「The purpose of this agreement is to ensure financial soundness and build a stronger financial base by refinancing existing borrowings and introducing flexible and stable funding methods.」
The refinancing of existing borrowings was further specified, with disclosed agreement terms for Tranche A of ¥48.25 billion and Tranche B of ¥10 billion, and a final repayment date of June 2031. - FY2024-Q2Continued shift in the funding mix toward long-term borrowingsAnnual report
「This was mainly due to proceeds of ¥48,250 million from long-term borrowings, a net decrease of ¥2,850 million in short-term borrowings, and cash outflows of ¥42,500 million for repayment of long-term borrowings.」
While financing from financial institutions continued, proceeds from long-term borrowings, repayment of long-term borrowings and a net decrease in short-term borrowings coexisted, and the shift in the funding mix from short-term toward predominantly long-term financing continued. - FY2024-Q1Refinancing of existing borrowings through a syndicated loanAnnual report
「The purpose of this agreement is to ensure financial soundness and build a stronger financial base by refinancing existing borrowings and introducing flexible and stable funding methods.」
The company entered into an agreement to refinance its existing borrowings through a syndicated loan arranged by Sumitomo Mitsui Banking Corporation and Mizuho Bank, with the aim of introducing a flexible and stable source of financing. - FY2023-Q2Continued shift in the composition toward long-term borrowingsAnnual report
「This was mainly due to proceeds of ¥28,000 million from long-term borrowings, a net decrease of ¥18,100 million in short-term borrowings, and cash outflows of ¥16,500 million for repayment of long-term borrowings.」
Amid continued financing from financial institutions, a net decrease in short-term borrowings coexisted with proceeds from and repayments of long-term borrowings, indicating that the shift in the maturity composition of borrowings is continuing. - FY2022-Q3Continued shift in the composition toward long-term borrowingsAnnual report
「This was mainly due to a ¥49,830 million decrease in short-term borrowings, while long-term borrowings increased by ¥40,149 million and current portions of long-term borrowings increased by ¥12,884 million.」
Amid continued financing from financial institutions, a decrease in short-term borrowings and increases in long-term borrowings and current portions of long-term borrowings were also confirmed at the end of the third quarter, indicating that the shift in the maturity composition of borrowings is continuing. - FY2022-Q2Shift in the composition toward long-term borrowingsAnnual report
「This was mainly due to proceeds of ¥73,000 million from long-term borrowings, a net decrease of ¥49,630 million in short-term borrowings, and cash outflows of ¥19,538 million for repayment of long-term borrowings.」
While financing from financial institutions continued, short-term borrowings decreased on a net basis and proceeds from long-term borrowings were recorded at the same time, changing the maturity composition of borrowings. - FY2022-Q1WorsenedAnnual report
「Liabilities increased by ¥23,851 million from the end of the previous consolidated fiscal year to ¥286,181 million. This was mainly due to a ¥19,319 million increase in short-term and long-term borrowings, including ¥20,000 million at VIVA HOME.」
Under the policy of funding operations through internal funds and financing from financial institutions, the increase in short- and long-term borrowings after the consolidation of Viva Home continued to materialize, further increasing the scale of reliance on financial institution financing. - FY2021WorsenedAnnual report
「Funds provided by financing activities were ¥96,996 million, compared with ¥1,678 million provided in the previous consolidated fiscal year. This was mainly due to a net increase of ¥99,630 million in short-term borrowings and dividend payments of ¥1,216 million.」
Under the policy of using internal funds and financing from financial institutions, the scale of acquisition financing increased substantially, driven by a net increase of ¥99,630 million in short-term borrowings. - FY2021-Q3WorsenedAnnual report
「Liabilities increased by ¥241,814 million from the end of the previous consolidated fiscal year to ¥264,316 million. This was mainly due to increases of ¥98,040 million in short-term borrowings, ¥30,985 million in non-current lease liabilities, including ¥30,857 million at VIVA HOME, and ¥25,741 million in long-term borrowings, including ¥25,000 million at VIVA HOME.」
In line with the existing policy of funding capital expenditures and other requirements through financing from financial institutions, short- and long-term borrowings related to the acquisition of Viva Home increased substantially. - FY2021-Q2Execution of acquisition financing from financial institutionsAnnual report
「Net cash provided by financing activities was ¥39,809 million, compared with ¥645 million provided in the same period of the previous year. This was mainly due to a net increase of ¥40,340 million in short-term borrowings and dividend payments of ¥608 million.」
In line with the existing policy of funding capital expenditures and other requirements through internal funds and financing from financial institutions, substantial financing through short-term borrowings materialized during the current quarter. - FY2021-Q1RestatedAnnual report
「④ Methods of financing ① Lender Sumitomo Mitsui Banking Corporation」
In line with the existing policy of funding capital expenditures and other requirements through internal funds and financing from financial institutions, the company specifically disclosed financing through bank borrowings for the acquisition of LIXIL VIVA shares. - FY2020First statedAnnual report
「Our group invests surplus funds in short-term deposits and similar instruments, while the funds required for capital expenditures such as opening new stores are provided from internal funds and financing from financial institutions.」
The company states that its funding policy is to invest surplus funds in short-term deposits and similar instruments and fund capital expenditures such as new store openings through internal funds and financing from financial institutions.