Reduction of Interest-Bearing Debt and Improvement in Asset Efficiency
First written in FY2019. 8 of 18 entries say "Advanced", first in FY2020. Latest entry: FY2027-H1.
The whole theme swung hardest in 2023: 3 of 15 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2027-H1Concurrent increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「This was due, among other factors, to an increase of ¥400 million in short-term borrowings, while cash outflows for the repayment of long-term borrowings amounted to ¥252 million and cash outflows for the repayment of lease liabilities amounted to ¥165 million.」
Short-term borrowings increased by ¥400 million, while ¥252 million of long-term borrowings and ¥165 million of lease liabilities were repaid, resulting in a change in the borrowing mix. - 2026-10-09WorsenedEarnings
「その主な要因は、長期借入金が２億49百万円減少、未払金が１億46百万円減少、買掛金が１億34百万円減少したものの、短期借入金が４億円増加、預り金が86百万円増加、未払費用が44百万円増加、賞与引当金が40百万円増加したことなどによるものであります。」
短期借入金が4億円増加し、財務体質改善の一環としての有利子負債圧縮とは異なる動きを示している。 - FY2026AdvancedAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, stood at ¥5.845 billion at the end of the fiscal year, a decrease of ¥1.668 billion from the end of the previous fiscal year.」
Interest-bearing debt was reduced by ¥1.668 billion from the end of the previous fiscal year, to ¥5.845 billion. - FY2026-H1AdvancedAnnual report
「This was mainly due to a net decrease of ¥1.7 billion in short-term borrowings, cash payments of ¥229 million for the repayment of long-term borrowings, and cash payments of ¥142 million for the repayment of lease liabilities, among other factors.」
The company achieved a net reduction of ¥1.7 billion in short-term borrowings and repaid ¥229 million of long-term borrowings, making progress in reducing interest-bearing debt. - FY2025WorsenedAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, stood at ¥7.513 billion at the end of the fiscal year, an increase of ¥505 million from the end of the previous fiscal year.」
While short-term borrowings decreased and long-term borrowings increased, total interest-bearing debt rose by ¥505 million from the end of the previous fiscal year, shifting from a declining trend to an increasing trend. - FY2025-H1Concurrent decline in short-term borrowings and increase in long-term borrowingsAnnual report
「This was due mainly to a ¥2.3 billion decrease in short-term borrowings, together with increases of ¥902 million in accounts payable and ¥2.074 billion in long-term borrowings, among other factors.」
While short-term borrowings were reduced by ¥2.3 billion, long-term borrowings increased by ¥2.074 billion, changing the borrowing mix. - FY2024Slight increase in interest-bearing debtAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, stood at ¥7.008 billion at the end of the fiscal year, an increase of ¥55 million from the end of the previous fiscal year.」
Although short-term borrowings and other items decreased, total interest-bearing debt increased by ¥55 million from the end of the previous fiscal year, shifting from a declining trend to a slight increase. - FY2024-Q3Continued Decrease in Short-Term Borrowings and Increase in Long-Term BorrowingsAnnual report
「The main factors were a decrease of ¥850 million in short-term borrowings, despite increases of ¥392 million in accounts payable, ¥207 million in long-term borrowings including the current portion, ¥198 million in current and non-current lease liabilities, and ¥197 million in provision for bonuses, among others.」
While short-term borrowings were reduced by ¥850 million, long-term borrowings, including the portion due within one year, increased by ¥207 million, and the borrowing mix continues to change. - FY2024-Q2Continued Decrease in Short-Term Borrowings and Increase in Long-Term BorrowingsAnnual report
「The main factors were increases of ¥445 million in accounts payable and ¥520 million in long-term borrowings, including the current portion, despite a ¥1.3 billion decrease in short-term borrowings, among others.」
While short-term borrowings were reduced by ¥1.3 billion, long-term borrowings increased by ¥520 million, and the borrowing mix continues to change. - FY2024-Q1Reduction of short-term borrowings and increase in long-term borrowingsAnnual report
「The main factors were increases of ¥366 million in accounts payable, ¥832 million in long-term borrowings including the current portion, and ¥98 million in provision for bonuses, despite decreases of ¥1.3 billion in short-term borrowings and ¥102 million in other payables, among others.」
Short-term borrowings decreased by ¥1.3 billion, while long-term borrowings, including the current portion, increased by ¥832 million, changing the borrowing mix. - FY2023-Q3AdvancedAnnual report
「This decrease was mainly due to the sale of land conducted during the second quarter. This also enabled the company to reduce interest-bearing debt by nearly the same amount, resulting in improved asset efficiency.」
The company stated that the sale of land in the second quarter reduced assets, lowered interest-bearing debt by nearly the same amount, and improved asset efficiency. - FY2023-Q2AdvancedAnnual report
「The main factors were increases of ¥416 million in accounts payable and ¥567 million in long-term borrowings, including the current portion, despite a ¥2.0 billion decrease in short-term borrowings, among others.」
Short-term borrowings decreased by ¥2.0 billion, while long-term borrowings increased by ¥567 million. Although the borrowing mix changed, the company reported progress in reducing short-term borrowings. - FY2022-Q3Increase in interest-bearing debtAnnual report
「The main factors were decreases of ¥137 million in accounts payable, ¥207 million in other payables and ¥300 million in bonds, despite increases of ¥400 million in short-term borrowings, ¥416 million in long-term borrowings, including the current portion, and ¥166 million in provision for bonuses, among others.」
The company stated that short-term borrowings increased by ¥400 million and long-term borrowings by ¥416 million during the construction and start-up of the new delicatessen center, reversing the previous trend of reducing interest-bearing debt and increasing the balance. - FY2021AdvancedAnnual report
「There were no new store openings during the fiscal year, and capital investment in major renovations and other projects was restrained. As a result, interest-bearing debt, including borrowings and lease liabilities, stood at ¥7.310 billion at the end of the fiscal year, down ¥493 million from the end of the previous fiscal year.」
The company restrained new store openings and major renovations, reducing interest-bearing debt by ¥493 million from the end of the previous fiscal year. The equity ratio also rose from 26.0% to 27.9%. - FY2020AdvancedAnnual report
「There were no new store openings during the fiscal year, and capital investment in major renovations and other projects was restrained. As a result, interest-bearing debt, including borrowings and lease liabilities, stood at ¥7.803 billion at the end of the fiscal year, down ¥954 million from the end of the previous fiscal year.」
The company restrained new store openings and major renovations and reduced interest-bearing debt by ¥954 million from the end of the previous fiscal year through measures including inventory optimization. - FY2019First statedAnnual report
「Meanwhile, to reduce interest-bearing debt, we are working to improve asset efficiency by optimizing inventories.」
The company has, for the first time, described as an independent measure its financial policy of reducing interest-bearing debt and improving asset efficiency by optimizing inventories. At the end of the fiscal year, interest-bearing debt had decreased by ¥529 million from the end of the previous fiscal year.