Interesting update, I don't know about the financial position but I have seen enougth companies go under to read the signs in the official word.
"have encountered a minor cash trading problem" Can't pay their bills, big problem
"As a respected Japanese Company which has operated successfully for 30 years" Another warning sign, playing on the length of tenure rather then the current financial position
"currently being backed by the Japanese Government to successfully trade into the future" Hard to say what this means without knowing what the backing constitutes, however reading between the lines it is clear they have been unsuccessfully trading for some time.
"The company has extensive cash reserves" rubbish, maybe assets but cash is liquid and easily converted thereby avoiding this problem.
"We are assured that all orders placed by GReddy Oceania are either underway or in transit" Lets hope so, never trust the word of a company in financial trouble.
I hope it's not as bad as the statement suggests, I would have expected a better statement to specify when the company would be fully solvent again.