High Equity Ratio and Declining Debt Balance
First written in FY2016-Q2. 20 of 38 entries say "Advanced", first in FY2016-Q3. Latest entry: 2026-10-01.
E-Supportlink moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 8 of 41 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- 2026-10-01WorsenedEarnings
「At the end of the third quarter of the current consolidated fiscal year, liabilities had increased by ¥312 million from the end of the previous consolidated fiscal year to ¥2,710 million, up 13.0%.」
Liabilities increased from the end of the previous consolidated fiscal year, while the equity ratio also fell from 60.7% to 57.5%. - FY2026-H1WorsenedAnnual report
「At the end of the interim period, liabilities increased by ¥140 million from the end of the previous fiscal year to ¥2,538 million, up 5.8% year on year. As a result, the equity ratio was 59.4%.」
Liabilities increased 5.8% from the end of the previous fiscal year, while the equity ratio fell from 60.7% to 59.4%. - FY2025-H1WorsenedAnnual report
「At the end of the interim period, liabilities increased by ¥303 million from the end of the previous fiscal year to ¥2,218 million, up 15.9% year on year. As a result, the equity ratio was 61.5%.」
Liabilities increased 15.9% from the end of the previous fiscal year, while the equity ratio fell from 64.8% to 61.5%. - FY2024AdvancedAnnual report
「At the end of the fiscal year, liabilities decreased by ¥249 million from the end of the previous fiscal year to ¥1,915 million, down 11.5% year on year. As a result, the equity ratio was 64.8%.」
Liabilities decreased 11.5% from the end of the previous fiscal year, while the equity ratio rose from 61.1% to 64.8%. - FY2024-Q2WorsenedAnnual report
「At the end of the second quarter, liabilities decreased by ¥353 million from the end of the previous fiscal year to ¥1,811 million, down 16.3% year on year. As a result, the equity ratio was 65.4%.」
The equity ratio fell from 65.8% in the previous quarter to 65.4%, while liabilities increased from ¥1,775 million at the end of the previous quarter to ¥1,811 million. However, compared with the end of the previous fiscal year, liabilities decreased and the equity ratio rose. - FY2024-Q1AdvancedAnnual report
「At the end of the first quarter, liabilities decreased by ¥388 million from the end of the previous fiscal year to ¥1,775 million, down 18.0% year on year. As a result, the equity ratio was 65.8%.」
Liabilities decreased 18.0% from ¥2,164 million at the end of the previous fiscal year to ¥1,775 million, while the equity ratio rose from 61.1% to 65.8%. - FY2023WorsenedAnnual report
「At the end of the fiscal year, liabilities increased by ¥45 million from the end of the previous fiscal year to ¥2,164 million, up 2.2% year on year. As a result, the equity ratio was 61.1%.」
Liabilities increased from the end of the previous fiscal year, while the equity ratio fell from 61.4% to 61.1%. - FY2023-Q3AdvancedAnnual report
「At the end of the third quarter, liabilities decreased by ¥330 million from the end of the previous fiscal year to ¥1,788 million, down 15.6% year on year. As a result, the equity ratio was 65.0%.」
Liabilities decreased 15.6% from the end of the previous fiscal year, while the equity ratio rose from 61.4% to 65.0%. - FY2023-Q2Update liabilities and equity ratioAnnual report
「At the end of the second quarter, liabilities decreased by ¥5 million from the end of the previous fiscal year to ¥2,113 million, down 0.3% year on year. As a result, the equity ratio was 61.3%.」
Liabilities decreased 0.3% from the end of the previous fiscal year to ¥2,113 million, and the equity ratio was 61.3%. - FY2022AdvancedAnnual report
「At the end of the fiscal year, liabilities decreased by ¥795 million from the end of the previous fiscal year to ¥2,118 million, down 27.3% year on year. As a result, the equity ratio was 61.4%.」
Liabilities decreased 27.3% from the end of the previous fiscal year, while the equity ratio rose from 52.4% to 61.4%. - FY2022-Q3AdvancedAnnual report
「At the end of the third quarter, liabilities decreased by ¥865 million from the end of the previous fiscal year to ¥2,048 million, down 29.7% year on year.」
Liabilities decreased 29.7% from the end of the previous fiscal year, while the equity ratio rose from 52.4% to 61.8%. - FY2022-Q2AdvancedAnnual report
「At the end of the second quarter, liabilities decreased by ¥607 million from the end of the previous fiscal year to ¥2,305 million, down 20.9% year on year. As a result, the equity ratio was 58.4%.」
Liabilities decreased 20.9% from the end of the previous fiscal year to ¥2,305 million, while the equity ratio rose from 52.4% to 58.4%. - FY2022-Q1AdvancedAnnual report
「At the end of the first quarter, liabilities decreased by ¥463 million from the end of the previous fiscal year to ¥2,450 million, down 15.9% year on year. As a result, the equity ratio was 56.7%.」
Liabilities decreased 15.9% from the end of the previous fiscal year, while the equity ratio rose from 52.4% to 56.7%. - FY2021WorsenedAnnual report
「At the end of the fiscal year, liabilities increased by ¥1,525 million from the end of the previous fiscal year to ¥2,913 million, up 109.9% year on year. As a result, the equity ratio was 52.4%.」
Liabilities increased 109.9% from the end of the previous fiscal year, while the equity ratio fell from 74.9% to 52.4%. - FY2021-Q3WorsenedAnnual report
「At the end of the third quarter, liabilities increased by ¥820 million from the end of the previous fiscal year to ¥2,208 million, up 59.1% year on year. As a result, the equity ratio was 63.3%.」
Liabilities increased 59.1% from the end of the previous fiscal year, partly due to an increase in long-term borrowings, while the equity ratio fell from 74.9% to 63.3%. - FY2021-Q2WorsenedAnnual report
「At the end of the second quarter, liabilities increased by ¥60 million from the end of the previous fiscal year to ¥1,448 million, up 4.3% year on year. As a result, the equity ratio was 74.1%.」
Liabilities increased from the end of the previous fiscal year, while the equity ratio fell from 74.9% to 74.1%. - FY2021-Q1AdvancedAnnual report
「At the end of the first quarter, liabilities decreased by ¥20 million from the end of the previous fiscal year to ¥1,367 million, down 1.5% year on year. As a result, the equity ratio was 75.1%.」
Liabilities decreased from the end of the previous fiscal year, while the equity ratio rose from 74.9% to 75.1%. - FY2020AdvancedAnnual report
「At the end of the fiscal year, liabilities decreased by ¥182 million from the end of the previous fiscal year to ¥1,388 million, down 11.6% year on year. As a result, the equity ratio was 74.9%.」
Liabilities decreased from the end of the previous fiscal year, while the equity ratio rose from 72.1% to 74.9%. - FY2020-Q3AdvancedAnnual report
「At the end of the third quarter, liabilities decreased by ¥328 million from the end of the previous fiscal year to ¥1,241 million, down 20.9% year on year. As a result, the equity ratio was 76.6%.」
Liabilities decreased by ¥328 million from the end of the previous fiscal year to ¥1,241 million, while the equity ratio rose from 72.1% to 76.6%. - FY2020-Q2WorsenedAnnual report
「At the end of the second quarter, liabilities increased by ¥59 million from the end of the previous fiscal year to ¥1,630 million, up 3.8% year on year. As a result, the equity ratio was 71.5%.」
Liabilities increased from the end of the previous fiscal year, while the equity ratio fell from 72.1% to 71.5%. - FY2020-Q1AdvancedAnnual report
「At the end of the first quarter, liabilities decreased by ¥74 million from the end of the previous fiscal year to ¥1,496 million, down 4.7% year on year. As a result, the equity ratio was 73.0%.」
Liabilities decreased from the end of the previous fiscal year, while the equity ratio rose from 72.1% to 73.0%. - FY2019WorsenedAnnual report
「At the end of the fiscal year, liabilities increased by ¥217 million from the end of the previous fiscal year to ¥1,570 million, up 16.1% year on year. As a result, the equity ratio was 72.1%.」
Liabilities increased from the end of the previous fiscal year, while the equity ratio fell from 74.6% to 72.1%. - FY2019-Q3WorsenedAnnual report
「At the end of the third quarter, liabilities increased by ¥80 million from the end of the previous fiscal year to ¥1,433 million, up 6.0% year on year. As a result, the equity ratio was 73.9%.」
Liabilities increased from the end of the previous fiscal year, while the equity ratio fell from 74.6% to 73.9%. - FY2019-Q2WorsenedAnnual report
「At the end of the second quarter, liabilities increased by ¥221 million from the end of the previous fiscal year to ¥1,574 million, up 16.4% year on year. As a result, the equity ratio was 71.9%.」
Liabilities increased from the end of the previous fiscal year, while the equity ratio fell from 74.6% to 71.9%. - FY2019-Q1WorsenedAnnual report
「At the end of the first quarter, liabilities increased by ¥39 million from the end of the previous fiscal year to ¥1,392 million, up 2.9% year on year. As a result, the equity ratio was 74.2%.」
Liabilities increased by ¥39 million from the end of the previous fiscal year, while the equity ratio fell from 74.6% to 74.2%. - FY2018AdvancedAnnual report
「At the end of the fiscal year, liabilities decreased by ¥125 million from the end of the previous fiscal year to ¥1,353 million, down 8.5% year on year. As a result, the equity ratio was 74.6%.」
Liabilities decreased by ¥125 million from the end of the previous fiscal year, while the equity ratio rose from 73.1% to 74.6%. - FY2018-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, the debt balance decreased by ¥263 million from the end of the previous consolidated fiscal year to ¥1,215 million, down 17.8% year on year.」
The debt balance declined from the end of the previous consolidated fiscal year, and the equity ratio, one of the key indicators, was 76.7%. - FY2018-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, the debt balance increased by ¥71 million from the end of the previous consolidated fiscal year to ¥1,550 million, up 4.9% year on year.」
The debt balance increased by ¥71 million from the end of the previous fiscal year, while the equity ratio declined from 73.1% at the end of the previous fiscal year to 72.1%. - FY2018-Q1AdvancedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, the debt balance decreased by ¥78 million from the end of the previous consolidated fiscal year to ¥1,399 million, down 5.3% year on year. As a result, the equity ratio was 74.0%.」
The debt balance declined from the end of the previous fiscal year, while the equity ratio rose from 73.1% to 74.0%. - FY2017AdvancedAnnual report
「At the end of the current consolidated fiscal year, the debt balance decreased by ¥126 million from the end of the previous consolidated fiscal year to ¥1,478 million, down 7.9% year on year. As a result, the equity ratio was 73.1%.」
The debt balance declined from the end of the previous fiscal year, while the equity ratio rose from 70.3% to 73.1%. - FY2017-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, the debt balance decreased by ¥181 million from the end of the previous consolidated fiscal year to ¥1,423 million, down 11.3% year on year. As a result, the equity ratio was 73.0%.」
The debt balance declined from ¥1,605 million at the end of the previous consolidated fiscal year, while the equity ratio rose from 70.3% to 73.0%. - FY2017-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, the debt balance increased by ¥171 million from the end of the previous consolidated fiscal year to ¥1,776 million, up 10.7% year on year. As a result, the equity ratio was 68.2%.」
The debt balance increased from ¥1,605 million at the end of the previous consolidated fiscal year to ¥1,776 million, while the equity ratio declined from 70.3% at the end of the previous fiscal year to 68.2%. - FY2017-Q1AdvancedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, the debt balance decreased by ¥77 million from the end of the previous consolidated fiscal year to ¥1,528 million, down 4.8% year on year. As a result, the equity ratio was 71.1%.」
The debt balance declined from ¥1,605 million at the end of the previous consolidated fiscal year to ¥1,528 million, while the equity ratio rose from 70.3% to 71.1%. - FY2016AdvancedAnnual report
「At the end of the current consolidated fiscal year, the debt balance decreased by ¥441 million from the end of the previous consolidated fiscal year to ¥1,605 million, down 21.6% year on year. As a result, the equity ratio was 70.3%.」
The debt balance declined year on year, while the equity ratio rose from 63.1% in the previous consolidated fiscal year to 70.3%. - FY2016-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, the debt balance decreased by ¥574 million from the end of the previous consolidated fiscal year to ¥1,472 million, down 28.0% year on year. As a result, the equity ratio was 71.5%.」
The debt balance declined further from the ¥1,670 million reported for the previous quarter, while the equity ratio rose from 68.6% to 71.5%. - FY2016-Q2First statedAnnual report
「The debt balance decreased by ¥376 million from the end of the previous consolidated fiscal year to ¥1,670 million, down 18.4% year on year. As a result, the equity ratio was 68.6%.」
At the end of the second quarter, the debt balance had declined from the end of the previous fiscal year, and the equity ratio was 68.6%.