Uex (9888) · InitiativeAdvanced
Short-Term Borrowings Associated with the Acquisition of 住商特殊鋼
First written in FY2020-Q1. 1 of 2 entries say "Advanced", first in FY2020. Latest entry: FY2020.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Borrowing to Fund M&A and Growth InvestmentsA theme 78 companies write about · 3 as a headwind · 81 as a tailwind
22 other companies' latest entry also says "Advanced".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 78 companies compared. The sentences above are computed from all 78.Full recordFilings, disclosures and news, newest first
- FY2020AdvancedAnnual report
「During the current period, the company used the funds for the acquisition of shares in 住商特殊鋼株式会社, which changed its corporate name to 令和特殊鋼株式会社 on 1 August 2019, as growth investment through M&A. Cash flows from financing activities amounted to ¥4,080.782 million, mainly due to ¥4,000 million in proceeds from long-term borrowings.」
The company positioned the acquisition of 住商特殊鋼 as growth investment through M&A and indicates for the full year that it raised funds through ¥4,000 million in long-term borrowings and other sources. - FY2020-Q1First statedAnnual report
「In connection with the acquisition of shares, the Company raised total funds of ¥3,605,000 thousand through short-term borrowings from financial institutions on 31 July 2019, as follows.」
The company raised total short-term borrowings of ¥3,605 million from Mizuho Bank to fund the acquisition of shares in 住商特殊鋼 and the acquired company’s working capital. The repayment date was 31 October 2019, and no collateral was provided.