Reliance on Interest-Bearing Debt and Financing Risk
First written in FY2021. 10 of 14 entries say "Worsened", first in FY2022-Q2. Latest entry: 2026-09-14.
Berg Earth moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
83 other companies' latest entry also says "Worsened".
- 2026-09-14WorsenedEarnings
「This was mainly attributable to a ¥204.638 million increase in notes and accounts payable, a ¥61.205 million decrease in electronically recorded obligations, a ¥94.636 million increase in accounts payable and a ¥225.000 million increase in short-term borrowings, among other factors.」
Short-term borrowings increased by ¥225.000 million from the end of the previous consolidated fiscal year, while total liabilities increased by 13.9%. - FY2026-H1WorsenedAnnual report
「As of the end of the current interim consolidated accounting period, total liabilities increased by ¥1,067.665 million, or 27.5%, from the end of the previous consolidated fiscal year to ¥4,952.045 million. This was mainly due to increases of ¥424.933 million in notes and accounts payable, ¥325 million in short-term borrowings and ¥126.774 million in long-term borrowings, among other factors.」
Dependence on financing through borrowings and trade payables increased due to increases of ¥325 million in short-term borrowings and ¥126.774 million in long-term borrowings, among other factors. - 2026-03-16WorsenedEarnings
「This was mainly attributable to a ¥11.901 million decrease in notes and accounts payable, a ¥64.194 million decrease in electronically recorded obligations, a ¥125.000 million increase in short-term borrowings and a ¥76.385 million increase in long-term borrowings, among other factors.」
Short-term and long-term borrowings increased from the end of the previous fiscal year. - FY2025WorsenedAnnual report
「Interest-bearing debt at the end of the current consolidated fiscal year was ¥2,407.843 million, including lease liabilities.」
Interest-bearing debt increased from ¥2,096.192 million in the previous fiscal year to ¥2,407.843 million, expanding reliance on borrowings for financing. - FY2025-H1WorsenedAnnual report
「Total liabilities at the end of the interim consolidated accounting period increased by ¥994.889 million, or 28.0%, from the end of the previous consolidated fiscal year to ¥4,552.076 million. This was mainly due to increases of ¥409.991 million in notes and accounts payable—trade, ¥19.392 million in electronically recorded obligations, ¥250.000 million in short-term borrowings, and ¥96.774 million in long-term borrowings.」
Increases of ¥250.000 million in short-term borrowings and ¥96.774 million in long-term borrowings, among other items, expanded reliance on financing through borrowings and trade payables. - FY2024-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated accounting period increased by ¥686.438 million, or 19.1%, from the end of the previous consolidated fiscal year to ¥4,276.359 million. This was mainly due to increases of ¥292.232 million in notes and accounts payable—trade, ¥33.076 million in electronically recorded obligations, ¥250.000 million in short-term borrowings, and ¥65.663 million in long-term borrowings.」
Total liabilities increased by 19.1%, with short-term borrowings increasing by ¥250.000 million and long-term borrowings by ¥65.663 million. Reliance on financing through borrowings and trade payables is expanding. - FY2024-Q1WorsenedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated accounting period decreased by ¥239.111 million, or 6.7%, from the end of the previous consolidated fiscal year to ¥3,350.809 million. This was mainly due to decreases of ¥86.231 million in notes and accounts payable—trade, ¥56.534 million in electronically recorded obligations, and ¥31.383 million in long-term borrowings, partly offset by an increase of ¥150.000 million in short-term borrowings.」
While total liabilities declined, short-term borrowings increased by ¥150.000 million, and the outstanding balance drawn under overdraft facilities also increased to ¥750.000 million. - FY2023MitigatedAnnual report
「The Group finances working capital and capital expenditures through borrowings from financial institutions, and interest-bearing debt at the end of the current consolidated fiscal year was ¥2,096.192 million, including lease liabilities.」
Interest-bearing debt decreased from ¥2,610.277 million in the previous fiscal year to ¥2,096.192 million. Although the borrowing-based financing structure remains in place, the balance declined. - FY2023-Q3MitigatedAnnual report
「This was mainly due to decreases of ¥197.391 million in notes and accounts payable—trade and ¥232.514 million in long-term borrowings, and an increase of ¥110.000 million in short-term borrowings, among other factors.」
Total liabilities decreased by 10.6% from the end of the previous consolidated fiscal year, mainly due to a decrease in long-term borrowings. With the increase in net assets from the third-party allotment of shares and other factors, the company's financial position indicates progress in addressing its reliance on borrowings. - FY2023-Q1MitigatedAnnual report
「Payment was completed on 10 February 2023, and financing was carried out to improve the financial position.」
To address financing through interest-bearing debt, payment for a third-party allotment of shares was completed, and financing was carried out to improve the financial position. - FY2022WorsenedAnnual report
「The Group finances working capital and capital expenditures through borrowings from financial institutions, and interest-bearing debt at the end of the current consolidated fiscal year was ¥2,610.277 million, including lease liabilities.」
Interest-bearing debt increased from ¥2,302.630 million in the previous fiscal year to ¥2,610.277 million, increasing reliance on borrowings to finance working capital and capital expenditures. - FY2022-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated accounting period increased by ¥950.419 million, or 24.7%, from the end of the previous consolidated fiscal year to ¥4,799.438 million. This was mainly due to increases of ¥587.868 million in notes and accounts payable—trade, ¥267.500 million in short-term borrowings, and ¥161.478 million in long-term borrowings.」
Total liabilities increased by 24.7% from the end of the previous fiscal year due to increases in short-term and long-term borrowings and trade payables, among other items, expanding reliance on financing and interest-bearing debt. - FY2022-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated accounting period increased by ¥1,228.606 million, or 31.9%, from the end of the previous consolidated fiscal year to ¥5,077.625 million. This was mainly due to increases of ¥256.010 million in long-term borrowings, ¥728.480 million in notes and accounts payable—trade, and ¥150.477 million in other accounts payable.」
Total liabilities increased by 31.9% due to higher long-term borrowings and other items, increasing reliance on financing that includes borrowings and trade payables. - FY2021First statedAnnual report
「The Group finances working capital and capital expenditures through borrowings from financial institutions, and interest-bearing debt at the end of the current consolidated fiscal year was ¥2,302.630 million, including lease liabilities. …If the Group is unable to obtain financing as planned, its operating results, financial condition and cash flows may be affected.」
The company disclosed for the first time the financing risk associated with monetary policy, interest-rate levels and other factors, highlighting its structure of financing working capital and capital expenditures through borrowings and interest-bearing debt of ¥2,302.630 million.