Interest-Bearing Debt and Funding Rate Fluctuations
First written in FY2016. 27 of 38 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 64 of 142 companies on the "Worse" side.
82 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Interest-bearing debt accounted for 40.9% of the Group's total assets at the end of the fiscal year, comprising ¥2,958 million in interest-bearing debt and ¥7,236 million in total assets.」
Interest-bearing debt decreased from ¥2,991 million, or 42.2% of total assets, at the end of the previous fiscal year to ¥2,958 million, or 40.9%, reducing reliance on borrowings. - FY2026-H1MitigatedAnnual report
「Proceeds from long-term borrowings 300,000 Repayments of long-term borrowings △ 391,030」
During the interim consolidated accounting period, the Company raised ¥300 million through long-term borrowings while repaying ¥391 million. The balance of long-term borrowings decreased from the end of the previous fiscal year, reducing interest-bearing debt exposure. - FY2025MitigatedAnnual report
「Interest-bearing debt accounted for 42.2% of the Group's total assets at the end of the fiscal year, comprising ¥2,991 million in interest-bearing debt and ¥7,091 million in total assets.」
Interest-bearing debt decreased from ¥3,766 million, or 49.9% of total assets, at the end of the previous fiscal year to ¥2,991 million, or 42.2%, reducing reliance on borrowings. - FY2025-H1MitigatedAnnual report
「Total non-current liabilities amounted to ¥2,782 million, a decrease of ¥387 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥368 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥368 million, reducing non-current liabilities and interest-bearing debt exposure from the end of the previous consolidated fiscal year. - FY2024MitigatedAnnual report
「Interest-bearing debt accounted for 49.9% of the Group's total assets at the end of the fiscal year, comprising ¥3,766 million in interest-bearing debt and ¥7,541 million in total assets.」
Interest-bearing debt decreased from ¥4,453 million, or 65.5% of total assets, at the end of the previous fiscal year to ¥3,766 million, or 49.9%, reducing reliance on borrowings. - FY2024-Q3MitigatedAnnual report
「Total non-current liabilities amounted to ¥3,376 million, a decrease of ¥604 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥571 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥571 million, reducing non-current liabilities and interest-bearing debt exposure. - FY2024-Q2MitigatedAnnual report
「Total non-current liabilities amounted to ¥3,581 million, a decrease of ¥398 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥381 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥381 million, reducing non-current liabilities and borrowing exposure. - FY2024-Q1MitigatedAnnual report
「The main factor behind the decrease was a ¥184 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥184 million, reducing non-current liabilities and interest-bearing debt exposure from the end of the previous consolidated fiscal year. - FY2023MitigatedAnnual report
「Interest-bearing debt accounted for 65.5% of the Group's total assets at the end of the fiscal year, comprising ¥4,453 million in interest-bearing debt and ¥6,793 million in total assets.」
Interest-bearing debt decreased from ¥5,131 million, or 69.5% of total assets, at the end of the previous fiscal year to ¥4,453 million, or 65.5%, reducing reliance on borrowings. - FY2023-Q3MitigatedAnnual report
「Total non-current liabilities amounted to ¥4,128 million, a decrease of ¥541 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥508 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥508 million, reducing non-current liabilities and interest-bearing debt exposure. - FY2023-Q2MitigatedAnnual report
「Total non-current liabilities amounted to ¥4,315 million, a decrease of ¥354 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥335 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥335 million, reducing non-current liabilities and interest-bearing debt exposure from the end of the previous consolidated fiscal year. - FY2023-Q1MitigatedAnnual report
「Total non-current liabilities amounted to ¥4,498 million, a decrease of ¥170 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥169 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥169 million, reducing non-current liabilities and borrowing exposure from the end of the previous consolidated fiscal year. - FY2022MitigatedAnnual report
「Interest-bearing debt accounted for 69.5% of the Group's total assets at the end of the fiscal year, comprising ¥5,131 million in interest-bearing debt and ¥7,381 million in total assets.」
Interest-bearing debt decreased from ¥6,297 million, or 76.7% of total assets, at the end of the previous fiscal year to ¥5,131 million, or 69.5%, reducing reliance on borrowings. - FY2022-Q3MitigatedAnnual report
「Total current liabilities amounted to ¥1,944 million, a decrease of ¥52 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥74 million decrease in short-term borrowings, among other factors. Total non-current liabilities amounted to ¥4,819 million, a decrease of ¥530 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥508 million decrease in long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥74 million and long-term borrowings by ¥508 million, reducing borrowing exposure from the end of the previous consolidated fiscal year. - FY2022-Q2MitigatedAnnual report
「Total non-current liabilities amounted to ¥5,000 million, a decrease of ¥349 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥333 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥333 million, reducing non-current liabilities and interest-bearing debt exposure. - FY2022-Q1MitigatedAnnual report
「Total non-current liabilities amounted to ¥5,176 million, a decrease of ¥173 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥169 million decrease in long-term borrowings, among other factors.」
Long-term borrowings decreased by ¥169 million, reducing borrowing exposure, including short-term borrowings, from the end of the previous consolidated fiscal year. - FY2021WorsenedAnnual report
「Interest-bearing debt accounted for 76.7% of the Group's total assets at the end of the fiscal year, comprising ¥6,297 million in interest-bearing debt and ¥8,215 million in total assets.」
Interest-bearing debt increased from ¥5,958 million at the end of the previous fiscal year to ¥6,297 million, and its share of total assets rose to 76.7%, substantially increasing reliance on borrowings. - FY2021-Q3WorsenedAnnual report
「Total current liabilities amounted to ¥2,591 million, a decrease of ¥2,641 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥3,100 million decrease in short-term borrowings, among other factors. Total non-current liabilities amounted to ¥4,707 million, an increase of ¥2,984 million from the end of the previous consolidated fiscal year. The main factor behind the increase was a ¥3,002 million increase in long-term borrowings.」
Short-term borrowings decreased by ¥3,100 million, while long-term borrowings increased by ¥3,002 million, indicating a shift in borrowings toward non-current liabilities, with interest-bearing debt exposure remaining high. - FY2021-Q2WorsenedAnnual report
「Total current liabilities amounted to ¥2,733 million, a decrease of ¥2,499 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥3,000 million decrease in short-term borrowings, among other factors. Total non-current liabilities amounted to ¥4,814 million, an increase of ¥3,092 million from the end of the previous consolidated fiscal year. The main factor behind the increase was a ¥3,093 million increase in long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥3,000 million, while long-term borrowings increased by ¥3,093 million, indicating a shift in borrowings toward non-current liabilities and an expansion of interest-bearing debt exposure. - FY2021-Q1WorsenedAnnual report
「Total current liabilities amounted to ¥2,555 million, a decrease of ¥2,678 million from the end of the previous consolidated fiscal year. The main factor behind the decrease was a ¥3,000 million decrease in short-term borrowings, among other factors. Total non-current liabilities amounted to ¥4,971 million, an increase of ¥3,249 million from the end of the previous consolidated fiscal year. The main factor behind the increase was a ¥3,256 million increase in long-term borrowings, among other factors.」
Short-term borrowings decreased by ¥3,000 million, while long-term borrowings increased by ¥3,256 million, indicating a shift in borrowings toward non-current liabilities and an expansion of interest-bearing debt exposure. - FY2020-Q3WorsenedAnnual report
「Total non-current liabilities amounted to ¥1,718 million, an increase of ¥801 million from the end of the previous consolidated fiscal year. The main factor behind the increase was a ¥674 million increase in long-term borrowings.」
The increase in long-term borrowings expanded interest-bearing debt exposure compared with the end of the previous consolidated fiscal year. - FY2020-Q2MitigatedAnnual report
「This was mainly attributable to a ¥77 million decrease in long-term borrowings and a ¥135 million increase in long-term deferred revenue, among other factors.」
Long-term borrowings decreased by ¥77 million from the end of the previous consolidated fiscal year, reducing borrowing exposure. - FY2020-Q1MitigatedAnnual report
「The main factors behind the increase were a ¥43 million decrease in long-term borrowings and a ¥144 million increase in long-term deferred revenue, among others.」
Long-term borrowings decreased by ¥43 million from the end of the previous consolidated fiscal year, and total borrowings also decreased from approximately ¥1,072 million to approximately ¥1,020 million. - FY2019MitigatedAnnual report
「Interest-bearing debt accounted for 26.3% of the Group's total assets at the end of the fiscal year, comprising ¥1,072 million in interest-bearing debt and ¥4,083 million in total assets.」
Interest-bearing debt decreased from ¥1,382 million, or 31.5% of total assets, at the end of the previous fiscal year to ¥1,072 million, or 26.3%, reducing reliance on borrowings. - FY2019-Q3MitigatedAnnual report
「Current portion of long-term debt 175,692 Long-term debt 940,590」
Total borrowings at the end of the third quarter of the current fiscal year amounted to ¥1,116.282 million, down from ¥1,160.205 million at the end of the previous quarter. - FY2019-Q2MitigatedAnnual report
「Funds used in financing activities amounted to ¥307 million (compared with ¥172 million used in the same period of the previous year). This was mainly due to ¥195 million in repayments of long-term debt and ¥101 million in dividend payments, among other factors.」
The Company spent ¥195 million on repayments of long-term debt, reducing borrowings from ¥1,355.451 million at the end of the previous fiscal year to ¥1,160.205 million. - FY2019-Q1MitigatedAnnual report
「Current portion of long-term debt 283,092 175,692 Long-term debt 1,072,359 1,028,436」
The combined total of the current portion of long-term debt and long-term debt declined from ¥1,355.451 million at the end of the previous fiscal year to ¥1,204.128 million, reducing borrowing exposure. - FY2018MitigatedAnnual report
「At the end of the fiscal year, interest-bearing debt represented 31.5% of the Company's total assets (interest-bearing debt of ¥1,382 million / total assets of ¥4,392 million).」
Interest-bearing debt declined from ¥1,628 million, or 36.8% of total assets, at the end of the previous fiscal year to ¥1,382 million, or 31.5%. Repayments of long-term debt were also disclosed, indicating reduced reliance on borrowings. - FY2018-Q3MitigatedAnnual report
「Total non-current liabilities amounted to ¥1,173 million, a decrease of ¥294 million from the end of the previous fiscal year. The main factors were a ¥125 million repayment of long-term debt and a ¥105 million transfer from long-term debt to the current portion of long-term debt, among others.」
Total borrowings declined from ¥1,560.046 million at the end of the previous fiscal year to ¥1,399.374 million due to repayments of long-term debt and other factors. - FY2018-Q2MitigatedAnnual report
「Funds used in financing activities amounted to ¥172 million (compared with ¥871 million provided in the same period of the previous year). This was mainly due to ¥93 million in repayments of borrowings and ¥76 million in dividend payments, among other factors.」
Repayments of borrowings resulted in an outflow of ¥93 million, reducing borrowings from ¥1,560.046 million at the end of the previous fiscal year to ¥1,466.403 million at the end of the second quarter. Meanwhile, transfers to the current portion of long-term debt also progressed. - FY2018-Q1Transfer of borrowings to current liabilitiesAnnual report
「Current portion of long-term debt 212,808 311,196 Long-term debt 1,347,238 1,204,128」
While total long-term debt declined from ¥1,560.046 million at the end of the previous fiscal year to ¥1,515.324 million, the portion due within 1 year increased, changing the composition of borrowings. - FY2017WorsenedAnnual report
「At the end of the fiscal year, interest-bearing debt represented 36.8% of the Company's total assets (interest-bearing debt of ¥1,628 million / total assets of ¥4,426 million).」
Interest-bearing debt increased from ¥1,014 million, or 25.3% of total assets, to ¥1,628 million, or 36.8%, indicating greater reliance on borrowings. - FY2017-Q3WorsenedAnnual report
「Total non-current liabilities amounted to ¥1,534 million, an increase of ¥595 million from the end of the previous fiscal year. The main factor was a ¥671 million increase in long-term debt resulting from new borrowings, among other factors.」
New borrowings increased long-term debt by ¥671 million, indicating greater exposure to interest-bearing debt. - FY2017-Q2WorsenedAnnual report
「Funds provided by financing activities amounted to ¥871 million (compared with ¥75 million used in the same period of the previous year). The main factor was the borrowing of ¥900 million in long-term debt for new store openings and other purposes.」
The Company borrowed ¥900 million in long-term debt for new store openings and other purposes, indicating an increase in interest-bearing debt. - FY2016First statedAnnual report
「Interest-bearing debt represented 25.3% of our total assets at the end of the fiscal year (interest-bearing debt of ¥1,014 million / total assets of ¥4,004 million).」
The company relies on borrowings to fund store openings and identifies its interest-bearing debt ratio and interest-rate fluctuations as risks.