Improving the Financial Position
First written in FY2016. 11 of 36 entries say "Worsened", first in FY2023-Q1. Latest entry: 2026-08-04.
Umios moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 3 of 15 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Interest-bearing debt increased by ¥35,968 million from the end of the previous consolidated fiscal year to ¥306,880 million. The equity ratio deteriorated by 0.8 percentage points from 33.7% at the end of the previous consolidated fiscal year to 32.9%, reflecting an increase in total assets due to growth in inventories, property, plant and equipment, and other assets.」
Interest-bearing debt increased to ¥306,880 million, while the equity ratio declined from 33.7% to 32.9%. The net debt-to-equity ratio remained at 1.0 times, but some indicators of financial strength deteriorated. - FY2026-H1WorsenedAnnual report
「Interest-bearing debt increased by ¥23,740 million, and trade payables increased by ¥5,436 million. The equity ratio declined from 33.7% at the end of the previous consolidated fiscal year to 32.5%.」
Interest-bearing debt increased from ¥270,912 million to ¥294,653 million, while the equity ratio declined from 33.7% to 32.5%. Indicators of financial strength deteriorated in the interim period. - FY2025AdvancedAnnual report
「Interest-bearing debt decreased by ¥13,438 million from the end of the previous consolidated fiscal year to ¥270,912 million. The equity ratio improved by 2.9 percentage points from 30.8% at the end of the previous consolidated fiscal year to 33.7%, reflecting an increase in net assets due to growth in retained earnings and other factors.」
Interest-bearing debt decreased to ¥270,912 million, while the equity ratio rose to 33.7%. Indicators of financial strength improved from the previous fiscal year. - FY2025-H1Equity ratio up and interest-bearing debt upAnnual report
「Liabilities totaled ¥427,623 million, an increase of ¥1,302 million from the end of the previous consolidated fiscal year. This was mainly due to increases in trade payables and interest-bearing debt. The equity ratio rose from 30.8% at the end of the previous consolidated fiscal year to 32.2%.」
The equity ratio rose from 30.8% to 32.2%, while liabilities increased by ¥1,302 million and interest-bearing debt by ¥1,593 million. - FY2024-Q3Equity ratio up and interest-bearing debt upAnnual report
「The equity ratio changed from 28.0% at the end of the previous consolidated fiscal year to 29.5%.」
The equity ratio rose from 28.0% to 29.5%, while interest-bearing debt increased by ¥8,221 million from the end of the previous consolidated fiscal year to ¥309,361 million. - FY2024-Q2Equity ratio up and interest-bearing debt upAnnual report
「The equity ratio changed from 28.0% at the end of the previous consolidated fiscal year to 28.9%.」
The equity ratio rose from 28.0% to 28.9%, while interest-bearing debt increased by ¥3,834 million from the end of the previous consolidated fiscal year to ¥304,974 million. The financial position metrics therefore showed both improvement and an increase in debt. - FY2024-Q1WorsenedAnnual report
「The equity ratio changed from 28.0% at the end of the previous consolidated fiscal year to 27.9%.」
The equity ratio fell from 28.0% to 27.9%. Interest-bearing debt also increased from ¥301,139 million at the end of the previous consolidated fiscal year to ¥310,488 million, indicating deterioration in the financial position improvement metrics. - FY2023WorsenedAnnual report
「The balance of interest-bearing debt increased by ¥50,535 million from the end of the previous consolidated fiscal year to ¥301,139 million. The equity ratio fell to 28.0% as total assets increased due to higher trade receivables and inventories, deteriorating by 1.2 percentage points from 29.2% at the end of the previous consolidated fiscal year.」
Interest-bearing debt increased to ¥301,139 million, while the equity ratio fell from 29.2% to 28.0%. The financial position improvement metrics deteriorated from the previous year. - FY2023-Q3WorsenedAnnual report
「The main components were a ¥90,716 million increase in interest-bearing debt and a ¥23,010 million increase in trade payables. The equity ratio fell from 29.2% at the end of the previous consolidated fiscal year to 26.1%.」
Interest-bearing debt rose to ¥341,321 million at the end of the third quarter, while the equity ratio fell from 29.2% to 26.1%. The metrics against the financial position improvement target deteriorated further from the previous quarter. - FY2023-Q2WorsenedAnnual report
「The equity ratio changed from 29.2% at the end of the previous consolidated fiscal year to 26.6%.」
The equity ratio fell from 29.2% to 26.6%. Interest-bearing debt also increased from ¥250,604 million at the end of the previous consolidated fiscal year to ¥313,669 million, indicating deterioration in the metrics against the financial position improvement target. - FY2023-Q1WorsenedAnnual report
「The equity ratio changed from 29.2% at the end of the previous consolidated fiscal year to 27.4%.」
The equity ratio fell from 29.2% to 27.4%, against the medium-term plan's 30.0% target, while interest-bearing debt increased from ¥250,604 million to ¥290,856 million. - FY2022AdvancedAnnual report
「The D/E ratio changed from 1.8 times at the end of the previous consolidated fiscal year to 1.6 times, while the equity ratio changed from 26.7% to 29.2%.」
Against the medium-term plan targets of a 1.5-times D/E ratio and a 30.0% equity ratio, the D/E ratio improved to 1.6 times and the equity ratio to 29.2%. - FY2022-Q3Updated Equity RatioAnnual report
「The equity ratio changed from 26.7% at the end of the previous consolidated fiscal year to 27.1%.」
The equity ratio was updated from 26.7% to 27.1%. This figure indicates progress toward the medium-term management plan's 30.0% equity ratio target, but the document does not state that the target was achieved. - FY2022-Q2AdvancedAnnual report
「The equity ratio changed from 26.7% at the end of the previous consolidated fiscal year to 27.8%.」
The equity ratio rose from 26.7% to 27.8%, updating the improvement toward the medium-term management plan's 30.0% target. - FY2022-Q1AdvancedAnnual report
「The equity ratio changed from 26.7% at the end of the previous consolidated fiscal year to 27.1%.」
The equity ratio rose by 0.4 percentage points from the end of the previous consolidated fiscal year, updating the improvement in financial metrics toward the new medium-term plan's 30.0% target. - FY2021AdvancedAnnual report
「The D/E ratio changed from 2.0 times at the end of the previous consolidated fiscal year to 1.8 times, while the equity ratio changed from 25.1% to 26.8%.」
The D/E ratio and equity ratio improved from the previous year toward the new medium-term plan targets of a 1.5-times D/E ratio and a 30.0% equity ratio. However, the document does not state that the targets were achieved. - FY2021-Q3Higher Interest-Bearing Debt and Lower Equity RatioAnnual report
「Liabilities increased by ¥36,995 million, or 10.0%, from the end of the previous consolidated fiscal year to ¥406,080 million. The main components were a ¥22,249 million increase in interest-bearing debt, excluding lease obligations, and a ¥13,027 million increase in notes and accounts payable. The equity ratio fell from 25.1% at the end of the previous consolidated fiscal year to 24.9%.」
Interest-bearing debt totaled ¥283,964 million, an increase of ¥22,249 million from the end of the previous consolidated fiscal year. The equity ratio fell from 25.1% to 24.9%. - FY2021-Q2Higher liabilities and interest-bearing debt, with an updated equity ratioAnnual report
「Liabilities totaled ¥381,270 million, an increase of ¥12,185 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in borrowings. The equity ratio rose from 25.1% at the end of the previous consolidated fiscal year to 25.3%.」
Liabilities increased by ¥12,185 million due to higher borrowings, while the equity ratio rose from 25.1% to 25.3%. No change to or achievement of the financial improvement target was explicitly stated. - FY2021-Q1Borrowings increased and equity ratio declinedAnnual report
「Liabilities totaled ¥389,223 million, an increase of ¥20,138 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in borrowings. The equity ratio fell from 25.1% at the end of the previous consolidated fiscal year to 24.7%.」
At the end of the first quarter, liabilities increased by ¥20,138 million due to higher borrowings, while the equity ratio fell from 25.1% to 24.7%. The company explained that the increase reflected funding needs for the business and the impact of COVID-19. - FY2020-Q3Higher liabilities and borrowingsAnnual report
「Liabilities totaled ¥410,887 million, an increase of ¥40,948 million from the end of the previous consolidated fiscal year. This was mainly due to increases in borrowings and trade payables.」
Liabilities increased by ¥40,948 million from the end of the previous consolidated fiscal year, mainly due to increases in borrowings and trade payables. - FY2020-Q2Higher long-term borrowings and updated financial metricsAnnual report
「Liabilities totaled ¥379,462 million, an increase of ¥9,524 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in long-term borrowings.」
The company disclosed higher liabilities and long-term borrowings at the end of the second quarter. The equity ratio was 24.3%, up from 24.1% at the end of the previous consolidated fiscal year. - FY2020-Q1Higher borrowings and updated financial metricsAnnual report
「Liabilities totaled ¥389,517 million, an increase of ¥19,579 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in borrowings.」
The company updated liabilities and borrowings at the end of the first quarter. The equity ratio fell from 24.1% to 23.4%. - FY2019-Q3Higher borrowings and updated financial metricsAnnual report
「Liabilities totaled ¥416,691 million, an increase of ¥40,134 million from the end of the previous consolidated fiscal year. This was mainly due to increases in borrowings and trade payables.」
The company disclosed liabilities and increases in borrowings and trade payables at the end of the third quarter. The equity ratio was 22.3%, unchanged from the end of the previous consolidated fiscal year. - FY2019-Q2Higher borrowings and updated financial metricsAnnual report
「Liabilities totaled ¥397,378 million, an increase of ¥20,821 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in borrowings.」
Liabilities at the end of the second quarter increased from the end of the previous consolidated fiscal year, while the equity ratio was 22.3%. No change to or achievement of the financial improvement target was explicitly stated. - FY2019-Q1Updated quarterly financial indicatorsAnnual report
「Equity ratio (%) 20.0 21.8 22.3」
The equity ratio at the end of the first quarter was 21.8%, down from 22.3% at the end of the previous consolidated fiscal year. Liabilities also increased, mainly due to higher borrowings. - FY2018RaisedAnnual report
「In the Group's medium-term management plan, Innovation toward 2021, covering the 4 years from fiscal 2018 through fiscal 2021, the Group set targets for fiscal 2021 of ¥1 trillion in revenue, ¥31.0 billion in operating profit, an ROA (return on assets based on ordinary profit) of 5.7%, a D/E ratio (debt-to-equity ratio) of 1.5 times and an equity ratio of 30.0%.」
For improving its financial position, the company updated its previous targets, including an equity ratio of 20.0%, to new numerical targets including a 30.0% equity ratio and a D/E ratio of 1.5 times. - FY2018-Q3Higher borrowings and updated equity ratioAnnual report
「Liabilities totaled ¥425,656 million, an increase of ¥47,174 million from the end of the previous consolidated fiscal year. This was mainly due to increases in trade payables and borrowings.」
Liabilities increased from the end of the previous consolidated fiscal year, mainly due to higher borrowings. The equity ratio was 20.4%. - FY2018-Q2Higher borrowings and updated financial metricsAnnual report
「Liabilities totaled ¥403,073 million, an increase of ¥24,591 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in borrowings.」
The company disclosed liabilities and an increase in borrowings at the end of the second quarter. No change to or failure to meet the financial position improvement target was explicitly stated. - FY2018-Q1Updated quarterly financial indicatorsAnnual report
「Equity ratio (%) 17.2 20.0 20.1」
The equity ratio at the end of the first quarter was 20.0%, slightly down from 20.1% at the end of the previous consolidated fiscal year. An increase in borrowings was also reported, but no failure to meet the target or change in policy was explicitly stated. - FY2017AdvancedAnnual report
「Under the four-year mid-term management plan “Challenge toward 2017 (2014–2017),” which began in fiscal 2014, our Group set the following targets for fiscal 2017: net sales of ¥900.0 billion, operating income of ¥20.0 billion, ordinary income of ¥19.0 billion, overseas subsidiaries’ share of ordinary income of 25.0%, interest-bearing debt of ¥275.0 billion, and an equity ratio of 20.0%.」
The company reconfirmed its financial improvement targets numerically. The equity ratio at the end of the current fiscal year was 20.1%, up from 17.5% at the end of the previous fiscal year, while borrowings decreased from ¥281,362 million to ¥272,208 million. - FY2017-Q3Update to financial indicatorsAnnual report
「Equity ratio (%) 16.9 18.0 17.5」
The equity ratio at the end of the third quarter was 18.0%, up from 17.5% at the end of the previous consolidated fiscal year. However, achievement of the financial position improvement target was not explicitly stated. - FY2016First statedAnnual report
「With improving our financial position as a goal, we will work to reduce interest-bearing debt through more efficient working capital management and improve our equity ratio.」
The company identified working capital efficiency, debt reduction and improvement of the equity ratio as measures to improve its financial position.