Improving Financial Soundness on the Basis of Financial Support and Maintaining Repayment Terms
First written in FY2016. 21 of 39 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-06.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- FY2026AdvancedAnnual report
「During the current consolidated fiscal year, under the business rehabilitation plan, the Company transferred businesses subject to structural reform and sold real estate. In addition to repaying borrowings with the proceeds from those transactions, the Company reduced interest-bearing debt by ¥37.4 billion, including the ¥12 billion waiver of claims by relationship financial institutions implemented as financial support under the business rehabilitation plan.」
Interest-bearing debt was reduced by ¥37.4 billion through business transfers, real estate sales, the ¥12 billion debt waiver and repayment of borrowings, while net assets increased from ¥16,233 million at the end of the previous fiscal year to ¥54,044 million. - FY2026-H1AdvancedAnnual report
「Net assets increased by ¥15,885 million from the end of the previous consolidated fiscal year to ¥32,118 million. This was mainly due to an increase in capital surplus resulting from the issuance of shares.」
Following the issuance of Class C shares through a third-party allotment, net assets increased by ¥15,885 million from the end of the previous fiscal year to ¥32,118 million as a result of the share issuance. This shows the effect on the interim-period balances of strengthening the financial foundation based on financial support. - FY2025AdvancedAnnual report
「The business rehabilitation plan is premised on financial support, including the waiver of claims of up to ¥43 billion by the Company's relationship financial institutions, and the Company has obtained their consent.」
In addition to obtaining consent for the waiver of claims of up to ¥43 billion and other measures by financial institutions, the Company states that the organization provided a ¥20 billion third-party allotment and established a ¥15 billion lending facility, implemented on 30 April 2025. While the specific support framework for financial rehabilitation has progressed, net assets at the fiscal year-end had declined to ¥16,233 million. - FY2025-H1Decrease in liabilities alongside a substantial decrease in net assetsAnnual report
「Liabilities decreased by ¥2,341 million from the end of the previous consolidated fiscal year to ¥145,743 million. This was mainly due to a decrease in notes and accounts payable. Net assets decreased by ¥7,639 million from the end of the previous consolidated fiscal year to ¥30,608 million. This was mainly due to a decrease in retained earnings resulting from the recognition of an interim net loss attributable to owners of the parent.」
Liabilities decreased by ¥2,341 million, while net assets decreased by ¥7,639 million due to the recognition of an interim net loss attributable to owners of the parent. Improvement and deterioration in the financial position are occurring simultaneously. - FY2024WorsenedAnnual report
「For the fiscal year ending March 2024, the Company recorded an operating loss, an ordinary loss and a net loss attributable to owners of the parent. Accordingly, while working to reduce working capital through inventory reductions and other measures, it will also coordinate with financial institutions on financial matters.」
Net assets decreased by ¥5,670 million from the end of the previous fiscal year due to a net loss of ¥5,443 million, while liabilities increased by ¥2,000 million. Although the Company indicated inventory reductions and coordination with financial institutions toward strengthening its financial position, the financial balances moved in the direction of deterioration. - FY2024-Q3WorsenedAnnual report
「Total assets increased by ¥1,798 million from the end of the previous consolidated fiscal year to ¥191,802 million. This was mainly due to an increase in property, plant and equipment. Liabilities increased by ¥3,837 million from the end of the previous consolidated fiscal year to ¥149,922 million. This was mainly due to an increase in notes and accounts payable, despite a decrease in short-term borrowings. Net assets decreased by ¥2,038 million from the end of the previous consolidated fiscal year to ¥41,880 million. This was mainly due to a decrease in retained earnings resulting from the recognition of a net loss attributable to owners of the parent for the quarter.」
Total assets increased due to an increase in property, plant and equipment, while liabilities increased by ¥3,837 million and net assets decreased by ¥2,038 million due to the net loss for the quarter. The financial balances moved in the direction of deterioration. - FY2024-Q2WorsenedAnnual report
「Liabilities increased by ¥3,629 million from the end of the previous consolidated fiscal year to ¥149,714 million. This was mainly due to increases in other current liabilities and other non-current liabilities, despite a decrease in short-term borrowings. Net assets decreased by ¥1,052 million from the end of the previous consolidated fiscal year to ¥42,865 million. This was mainly due to a decrease in retained earnings resulting from the recognition of a net loss attributable to owners of the parent for the quarter.」
Liabilities increased by ¥3,629 million from the end of the previous fiscal year, while net assets decreased by ¥1,052 million. Against the trend toward strengthening the financial position, the quarter-end balances moved in the direction of deterioration. - FY2024-Q1WorsenedAnnual report
「Total assets increased by ¥849 million from the end of the previous consolidated fiscal year to ¥190,853 million. This was mainly due to increases in cash and deposits and inventories, despite decreases in notes and accounts receivable and contract assets. Liabilities increased by ¥2,089 million from the end of the previous consolidated fiscal year to ¥148,174 million. This was mainly due to increases in other current liabilities and other non-current liabilities, despite a decrease in the provision for bonuses. Net assets decreased by ¥1,239 million from the end of the previous consolidated fiscal year to ¥42,678 million. This was mainly due to a decrease in the foreign currency translation adjustment account.」
Liabilities increased by ¥2,089 million from the end of the previous fiscal year, while net assets decreased by ¥1,239 million. Against the trend toward strengthening the financial position, the quarter-end balances moved in the direction of deterioration. - FY2023AdvancedAnnual report
「Strengthening the financial position is one of the Company's important challenges. We will work to improve the efficiency of working capital through inventory reductions and other measures, while continuing to steadily build equity and reduce interest-bearing debt.」
The Company explicitly identified improving working-capital efficiency through inventory reductions as a means of strengthening its financial position. Liabilities decreased by ¥2,242 million from the end of the previous fiscal year, while net assets increased by ¥847 million. - FY2023-Q3Higher liabilities coexisted with higher net assetsAnnual report
「Total assets increased by ¥6,621 million from the end of the previous consolidated fiscal year to ¥198,021 million. This was mainly due to increases in inventories and property, plant and equipment, despite decreases in cash and deposits, notes and accounts receivable, and contract assets. Liabilities increased by ¥3,025 million from the end of the previous consolidated fiscal year to ¥151,353 million. This was mainly due to an increase in notes and accounts payable. Net assets increased by ¥3,595 million from the end of the previous consolidated fiscal year to ¥46,667 million. This was mainly due to an increase in the foreign currency translation adjustment account.」
Total assets increased due mainly to increases in inventories and property, plant and equipment, and liabilities increased by ¥3,025 million due to an increase in accounts payable and other items, while net assets increased by ¥3,595 million due to an increase in the foreign currency translation adjustment account. - FY2023-Q2Higher liabilities coexisted with higher net assetsAnnual report
「Total assets increased by ¥4,297 million from the end of the previous consolidated fiscal year to ¥195,696 million. This was mainly due to increases in inventories and property, plant and equipment, despite a decrease in cash and deposits. Liabilities increased by ¥1,209 million from the end of the previous consolidated fiscal year to ¥149,537 million. This was mainly due to an increase in notes and accounts payable. Net assets increased by ¥3,087 million from the end of the previous consolidated fiscal year to ¥46,159 million. This was mainly due to an increase in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter.」
Liabilities increased by ¥1,209 million due to an increase in accounts payable and other items, while net assets increased by ¥3,087 million due to an increase in retained earnings. The financial position is presented as showing both improvement and an increase in liabilities. - FY2023-Q1Decrease in interest-bearing debt alongside an increase in liabilitiesAnnual report
「Total assets increased by ¥1,475 million from the end of the previous consolidated fiscal year to ¥192,874 million. This was mainly due to increases in inventories and property, plant and equipment, despite a decrease in cash and deposits. Liabilities increased by ¥367 million from the end of the previous consolidated fiscal year to ¥148,695 million. This was mainly due to an increase in notes and accounts payable, despite a decrease in interest-bearing debt. Net assets increased by ¥1,107 million from the end of the previous consolidated fiscal year to ¥44,178 million. This was mainly due to an increase in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter.」
Interest-bearing debt decreased and net assets increased by ¥1,107 million, while liabilities increased by ¥367 million due to an increase in notes and accounts payable. The financial position is presented as showing both improvement and an increase in liabilities. - FY2022-Q3AdvancedAnnual report
「Liabilities decreased by ¥60 million from the end of the previous consolidated fiscal year to ¥149,150 million. This was mainly due to a decrease in long-term borrowings, despite an increase in notes and accounts payable. Net assets increased by ¥3,685 million from the end of the previous consolidated fiscal year to ¥44,877 million. This was mainly due to an increase in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter.」
Liabilities decreased by ¥60 million due to a decrease in long-term borrowings, while net assets increased by ¥3,685 million due to an increase in retained earnings. Improvement in the balances toward strengthening the financial position is continuing. - FY2022-Q2AdvancedAnnual report
「Liabilities decreased by ¥1,324 million from the end of the previous consolidated fiscal year to ¥147,886 million. This was mainly due to a decrease in long-term borrowings. Net assets increased by ¥2,938 million from the end of the previous consolidated fiscal year to ¥44,131 million. This was mainly due to an increase in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter.」
Liabilities decreased by ¥1,324 million due to a decrease in long-term borrowings, while net assets increased by ¥2,938 million due to an increase in retained earnings. Improvement in the balances toward strengthening the financial position is continuing. - FY2022-Q1AdvancedAnnual report
「Liabilities decreased by ¥111 million from the end of the previous consolidated fiscal year to ¥149,099 million. This was mainly due to a decrease in long-term borrowings. Net assets increased by ¥1,996 million from the end of the previous consolidated fiscal year to ¥43,188 million. This was mainly due to an increase in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter.」
Liabilities decreased by ¥111 million due to a decrease in long-term borrowings, while net assets increased by ¥1,996 million due to an increase in retained earnings. This indicates improvement in the quarter-end balances toward strengthening the financial position. - FY2021-Q3AdvancedAnnual report
「Total assets decreased by ¥657 million from the end of the previous consolidated fiscal year to ¥193,068 million. This was mainly due to decreases in notes and accounts receivable and inventories, despite an increase in cash and deposits resulting from the receipt of insurance proceeds related to the fire at the Company's Uji facility. Liabilities decreased by ¥5,494 million from the end of the previous consolidated fiscal year to ¥149,297 million. This was mainly due to decreases in notes and accounts payable and long-term borrowings and the reversal of the provision for litigation losses. Net assets increased by ¥4,837 million from the end of the previous consolidated fiscal year to ¥43,771 million.」
Liabilities decreased by ¥5,494 million due to decreases in long-term borrowings and other items and the reversal of the provision for litigation losses, while net assets increased by ¥4,837 million due to the recognition of net income attributable to owners of the parent and other factors. The financial balances are improving. - FY2021-Q2AdvancedAnnual report
「Liabilities decreased by ¥5,693 million from the end of the previous consolidated fiscal year to ¥149,099 million. This was mainly due to a decrease in notes and accounts payable and the reversal of the provision for litigation losses. Net assets increased by ¥3,792 million from the end of the previous consolidated fiscal year to ¥42,726 million.」
Liabilities decreased by ¥5,693 million from the end of the previous fiscal year, while net assets increased by ¥3,792 million. This describes an improvement in the quarter-end financial balances, accompanied by the reversal of the provision for litigation losses and an increase in retained earnings. - FY2021-Q1AdvancedAnnual report
「Total assets decreased by ¥3,172 million from the end of the previous consolidated fiscal year to ¥190,553 million. This was mainly due to decreases in cash and deposits and notes and accounts receivable. Liabilities decreased by ¥3,363 million from the end of the previous consolidated fiscal year to ¥151,429 million. This was mainly due to a decrease in notes and accounts payable. Net assets increased by ¥191 million from the end of the previous consolidated fiscal year to ¥39,124 million. This was mainly due to an increase in accumulated other comprehensive income.」
As of the end of the quarter, liabilities had decreased by ¥3,363 million and net assets had increased by ¥191 million. This indicates progress in the balance-sheet aspect of strengthening the financial position. - FY2020Declines in liabilities and net assets continuedAnnual report
「Liabilities decreased by ¥2,948 million from the end of the previous consolidated fiscal year to ¥154,792 million. This was mainly due to decreases in notes and accounts payable and interest-bearing debt. Net assets decreased by ¥2,419 million from the end of the previous consolidated fiscal year to ¥38,933 million.」
Liabilities, including interest-bearing debt, decreased, while net assets also declined due to the recognition of a net loss for the period. The policy of strengthening the financial position has been maintained. - FY2020-Q3Liabilities and net assets both decreasedAnnual report
「Liabilities decreased by ¥1,700 million from the end of the previous consolidated fiscal year to ¥156,040 million. This was mainly due to a decrease in notes and accounts payable, despite the recognition of a provision for litigation losses. Net assets decreased by ¥1,483 million from the end of the previous consolidated fiscal year to ¥39,869 million. This was mainly due to a decrease in retained earnings resulting from the recognition of a net loss attributable to owners of the parent for the quarter.」
Liabilities decreased by ¥1,700 million, while net assets decreased by ¥1,483 million due to the provision for litigation losses and the net loss for the quarter. Changes in both the direction of improvement and the direction of deterioration in the financial position are presented. - FY2020-Q2AdvancedAnnual report
「Net cash used in financing activities during the six months ended the second quarter of the current consolidated fiscal year was ¥2,079 million, mainly due to the repayment of borrowings, compared with ¥1,859 million used in the same period of the previous year.」
The decrease in financing cash flow from the repayment of borrowings continued, with repayments of long-term borrowings amounting to ¥1,492 million. - FY2020-Q1WorsenedAnnual report
「Liabilities increased by ¥365 million from the end of the previous consolidated fiscal year to ¥158,106 million. This was mainly due to the recognition of a provision for litigation losses, despite decreases in notes and accounts payable. Net assets decreased by ¥2,174 million from the end of the previous consolidated fiscal year to ¥39,177 million. This was mainly due to a decrease in retained earnings resulting from the recognition of a net loss attributable to owners of the parent for the quarter.」
Liabilities increased by ¥365 million and net assets decreased by ¥2,174 million due to the recognition of a provision for litigation losses and a net loss for the quarter. This describes a change in the opposite direction to the improvement of the financial position. - FY2019-Q3AdvancedAnnual report
「Liabilities decreased by ¥1,946 million from the end of the previous consolidated fiscal year to ¥158,770 million. This was mainly due to a decrease in long-term borrowings. Net assets increased by ¥3,563 million from the end of the previous consolidated fiscal year to ¥44,293 million. This was mainly due to an increase in retained earnings resulting from the recognition of net income attributable to owners of the parent for the quarter.」
Liabilities decreased by ¥1,946 million from the end of the previous fiscal year due to a decrease in long-term borrowings, while net assets increased by ¥3,563 million due to an increase in retained earnings. This indicates progress toward strengthening the financial position. - FY2019-Q2AdvancedAnnual report
「Liabilities decreased by ¥1,425 million from the end of the previous consolidated fiscal year to ¥159,291 million, mainly because of a decrease in long-term borrowings.」
Liabilities decreased by ¥1,425 million from the end of the previous fiscal year due to a decrease in long-term borrowings. The company reported progress in repayments aimed at strengthening its financial position. - FY2019-Q1AdvancedAnnual report
「Liabilities decreased by ¥742 million from the end of the previous consolidated fiscal year to ¥159,974 million, mainly because of a decrease in long-term borrowings. Net assets increased by ¥702 million from the end of the previous consolidated fiscal year to ¥41,432 million, mainly because retained earnings increased as a result of recording net income attributable to owners of the parent for the quarter.」
Liabilities decreased by ¥742 million due to a decrease in long-term borrowings, while net assets increased by ¥702 million due to an increase in retained earnings. This indicates progress during the quarter toward strengthening the financial position. - FY2018AdvancedAnnual report
「Regarding efforts to strengthen its financial position, the company worked to reduce interest-bearing debt during the year and, as scheduled, acquired and cancelled all Class C preferred shares, with a total issue amount of ¥10 billion, on 30 June 2017 in accordance with its articles of incorporation and the Companies Act. The company will continue to steadily improve its results while working to accumulate equity capital and reduce interest-bearing debt.」
The company carried out the acquisition and cancellation of all Class C preferred shares as scheduled and stated its policy of continuing to reduce interest-bearing debt and accumulate equity capital. The balance of interest-bearing debt also decreased. - FY2018-Q2AdvancedAnnual report
「Payments for repayment of long-term borrowings △ 15,162 △ 1,744」
The company repaid ¥1,744 million of long-term borrowings during the second-quarter cumulative period, reducing the balance of long-term borrowings from ¥103,132 million to ¥101,439 million. - FY2018-Q1AdvancedAnnual report
「Long-term borrowings 103,132 102,310」
Long-term borrowings decreased from ¥103,132 million at the end of the previous consolidated fiscal year to ¥102,310 million at the end of the first quarter, further reducing the balance after repayments. - FY2017-Q3RestatedAnnual report
「Long-term borrowings 124,142 108,956」
Long-term borrowings decreased from ¥124,142 million at the end of March 2016 to ¥108,956 million at the end of December 2016. There was no significant additional decrease from the level reported in the previous quarterly report, indicating the balance after repayments. - FY2017-Q2AdvancedAnnual report
「(Cash flows from financing activities) Net cash used in financing activities during the second quarter of the current consolidated cumulative period was ¥16,348 million, mainly due to repayments of borrowings, compared with net cash used of ¥1,716 million in the same quarter of the previous year.」
Net cash used in financing activities was ¥16,348 million due to repayments of borrowings, while long-term borrowings decreased from ¥124,142 million at the end of the previous consolidated fiscal year to ¥108,938 million. - FY2016First statedAnnual report
「As part of measures to strengthen its financial position under the new medium-term management plan, the company and its Group requested that lending financial institutions amend the debt repayment terms and take other measures to maintain outstanding debt balances. On 17 July 2014, the company obtained consent from all relevant financial institutions to these amendments and other measures.」
As of the filing date, the amount of subject receivables was approximately ¥124.1 billion, and the principal repayment date had been changed to the end of September 2017. The company stated that it would also use the strengthening of equity capital through financial support and external capital contributions in 2014 for growth investments.