Komori
Bruno (3140) · RiskMitigated

Dependence on borrowings and funding risk

First written in FY2016. 18 of 33 entries say "Mitigated", first in FY2017. Latest entry: FY2026.

33entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2017 – FY2019-Q32016: 12017: 120172018: 220182019: 420192020: 420202021: 320212022: 420222023: 320232024: 320242025: 220252026: 62026
Same theme, other companies
Funding and Liquidity Risk Arising from Changes in Creditworthiness and Market ConditionsA theme 94 companies write about · 95 as a headwind · 0 as a tailwind

Bruno moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).

The whole theme swung hardest in 2025: 12 of 50 companies on the "Worse" side.

23 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 94 companies compared. The sentences above are computed from all 94.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「At the end of the current consolidated fiscal year, interest-bearing debt was ¥640 million and cash and cash equivalents were ¥3,120 million, resulting in net interest-bearing debt of negative ¥2,479 million.」

    Interest-bearing debt decreased, and cash came to substantially exceed interest-bearing debt, further reducing dependence on borrowings and funding exposure.
  3. FY2026-H1MitigatedAnnual report

    「Current liabilities were ¥3,103 million (¥2,880 million at the end of the previous consolidated fiscal year), an increase of ¥223 million. This was mainly due to an increase of ¥694 million in notes and accounts payable, despite decreases of ¥981 million in short-term borrowings and ¥8 million in long-term borrowings due for repayment within one year. Non-current liabilities were ¥2,291 million (¥2,418 million at the end of the previous consolidated fiscal year), a decrease of ¥127 million.」

    Although total current liabilities increased, short-term borrowings decreased by ¥981 million and long-term borrowings decreased by ¥77 million, indicating a declining dependence on borrowings.
  4. FY2025WorsenedAnnual report

    「At the end of the current consolidated fiscal year, interest-bearing debt was ¥2,023 million and cash and cash equivalents were ¥1,888 million, resulting in net interest-bearing debt of ¥134 million.」

    Cash fell below interest-bearing debt, and net interest-bearing debt changed from negative ¥916 million in the previous fiscal year to ¥134 million. Short-term borrowings also increased from ¥826 million to ¥1,341 million.
  5. FY2025-H1WorsenedAnnual report

    「Current liabilities were ¥3,031 million (¥2,589 million at the end of the previous consolidated fiscal year), an increase of ¥442 million. This was mainly due to increases of ¥336 million in short-term borrowings, ¥71 million in contract liabilities, and ¥139 million in other current liabilities, despite decreases of ¥58 million in notes and accounts payable and ¥62 million in long-term borrowings due for repayment within one year and other factors.」

    Short-term borrowings increased by ¥336 million, and current liabilities increased by ¥442 million, expanding short-term funding exposure.
  6. FY2024MitigatedAnnual report

    「At the end of the current consolidated fiscal year, interest-bearing debt was ¥1,773 million and cash and cash equivalents were ¥2,690 million, resulting in net interest-bearing debt of negative ¥916 million.」

    Cash continued to exceed interest-bearing debt, resulting in net interest-bearing debt of negative ¥916 million.
  7. FY2024-Q3MitigatedAnnual report

    「Current liabilities were ¥3,049 million. Their main components were notes and accounts payable of ¥692 million, short-term borrowings of ¥1,225 million, and long-term borrowings due for repayment within one year of ¥332 million. Non-current liabilities were ¥2,714 million. Their main components were long-term accrued expenses of ¥2,000 million and long-term borrowings of ¥688 million.」

    The company recorded short-term borrowings of ¥1,225 million, long-term borrowings due for repayment within one year of ¥332 million, and long-term borrowings of ¥688 million. Total borrowings decreased from the previous disclosure.
  8. FY2024-Q2WorsenedAnnual report

    「Current liabilities were ¥3,048 million. Their main components were notes and accounts payable of ¥673 million, short-term borrowings of ¥1,272 million, and long-term borrowings due for repayment within one year of ¥312 million. Non-current liabilities were ¥2,814 million. Their main components were long-term accrued expenses of ¥2,000 million and long-term borrowings of ¥787 million.」

    Following funding associated with the change in the scope of consolidation, the company recorded short-term borrowings of ¥1,272 million, long-term borrowings due for repayment within one year of ¥312 million, and long-term borrowings of ¥787 million.
  9. FY2023MitigatedAnnual report

    「At the end of the current fiscal year, interest-bearing debt was ¥1,845 million and cash and cash equivalents were ¥3,089 million, resulting in net interest-bearing debt of negative ¥1,243 million (negative ¥167 million in the previous fiscal year).」

    Cash substantially exceeded interest-bearing debt, and net interest-bearing debt improved from negative ¥167 million to negative ¥1,243 million. Dependence on borrowings and funding exposure decreased from the previous fiscal year.
  10. FY2023-Q3WorsenedAnnual report

    「Current liabilities were ¥2,126 million (¥2,105 million at the end of the previous fiscal year), an increase of ¥20 million. This was due to increases of ¥336 million in short-term borrowings and ¥96 million in accrued expenses and other items, despite decreases of ¥430 million in long-term borrowings due for repayment within one year and ¥104 million in accrued income taxes and other items.」

    Although total current liabilities increased only slightly, short-term borrowings increased by ¥336 million, expanding short-term funding exposure.
  11. FY2023-Q2WorsenedAnnual report

    「Current liabilities were ¥3,645 million (¥2,768 million at the end of the previous consolidated fiscal year), an increase of ¥876 million. This was due to increases of ¥1 million in notes and accounts payable and ¥794 million in short-term borrowings and other factors, despite decreases of ¥112 million in long-term borrowings due for repayment within one year and ¥114 million in accrued income taxes and other items.」

    Short-term borrowings increased by ¥794 million, and current liabilities increased by ¥876 million. Funding exposure, primarily through short-term borrowings, expanded.
  12. FY2023-Q1WorsenedAnnual report

    「Current liabilities were ¥4,075 million (¥2,768 million at the end of the previous consolidated fiscal year), an increase of ¥1,306 million. This was due to increases of ¥77 million in notes and accounts payable and ¥1,437 million in short-term borrowings and other factors, despite decreases of ¥78 million in long-term borrowings due for repayment within one year and ¥162 million in accrued income taxes and other items.」

    Short-term borrowings increased by ¥1,437 million, and current liabilities increased by ¥1,306 million. From the position at the end of the previous fiscal year, when net interest-bearing debt was negative, funding exposure expanded, primarily through short-term borrowings.
  13. FY2022MitigatedAnnual report

    「At the end of the current consolidated fiscal year, interest-bearing debt was ¥1,999 million and cash and cash equivalents were ¥2,186 million, resulting in net interest-bearing debt of negative ¥189 million (down 60.0% year on year).」

    Interest-bearing debt decreased, resulting in net interest-bearing debt of negative ¥189 million, with cash exceeding interest-bearing debt. Exposure to dependence on borrowings decreased from the previous fiscal year.
  14. FY2022-Q3WorsenedAnnual report

    「Current liabilities were ¥2,973 million (¥2,583 million at the end of the previous consolidated fiscal year), an increase of ¥389 million. This was due to an increase of ¥358 million in long-term borrowings due for repayment within one year and other factors.」

    Current liabilities increased by ¥389 million, while long-term borrowings due for repayment within one year increased by ¥358 million, expanding short-term repayment and funding exposure.
  15. FY2022-Q2WorsenedAnnual report

    「Current liabilities were ¥4,428 million (¥2,583 million at the end of the previous consolidated fiscal year), an increase of ¥1,845 million. This was due to increases of ¥172 million in notes and accounts payable and ¥1,424 million in short-term borrowings and other factors.」

    Short-term borrowings increased by ¥1,424 million, and total current liabilities increased by ¥1,845 million. Funding exposure expanded, primarily through short-term borrowings.
  16. FY2022-Q1WorsenedAnnual report

    「Current liabilities were ¥3,486 million (¥2,583 million at the end of the previous consolidated fiscal year), an increase of ¥903 million. This was due to increases of ¥670 million in notes and accounts payable and ¥286 million in short-term borrowings and other factors.」

    Short-term borrowings increased by ¥286 million, and current liabilities increased by ¥903 million, expanding funding exposure.
  17. FY2021-Q3MitigatedAnnual report

    「Current liabilities were ¥3,065 million (¥4,461 million at the end of the previous consolidated fiscal year), a decrease of ¥1,395 million. This was due to decreases of ¥422 million in notes and accounts payable and ¥1,287 million in short-term borrowings, despite an increase of ¥110 million in accrued income taxes and other factors.」

    Short-term borrowings decreased by ¥1,287 million, and current liabilities decreased by ¥1,395 million. Although long-term borrowings increased by ¥149 million, funding exposure decreased, primarily through a reduction in short-term borrowings.
  18. FY2021-Q2MitigatedAnnual report

    「Current liabilities were ¥3,804 million (¥4,461 million at the end of the previous consolidated fiscal year), a decrease of ¥656 million. This was due to a decrease of ¥835 million in short-term borrowings and other factors, despite an increase of ¥140 million in accrued income taxes and other items. Non-current liabilities were ¥1,393 million (¥1,143 million at the end of the previous consolidated fiscal year), an increase of ¥250 million. This was due to an increase of ¥248 million in long-term borrowings and other factors.」

    Short-term borrowings and current liabilities decreased, reducing funding exposure, while long-term borrowings increased.
  19. FY2021-Q1MitigatedAnnual report

    「Current liabilities were ¥3,962 million (¥4,461 million at the end of the previous consolidated fiscal year), a decrease of ¥499 million. This was due to decreases of ¥467 million in short-term borrowings and ¥39 million in accrued income taxes and other items. Non-current liabilities were ¥1,453 million (¥1,143 million at the end of the previous consolidated fiscal year), an increase of ¥310 million. This was due to an increase of ¥310 million in long-term borrowings and other factors.」

    Short-term borrowings and current liabilities decreased, while long-term borrowings increased. Although the composition of borrowings changed, total borrowings decreased overall.
  20. FY2020WorsenedAnnual report

    「Current liabilities were ¥4,461 million (¥2,822 million at the end of the previous consolidated fiscal year), an increase of ¥1,639 million. This was due to increases of ¥97 million in notes and accounts payable and ¥1,520 million in short-term borrowings.」

    Short-term borrowings increased by ¥1,520 million, and current liabilities increased by ¥1,639 million. Net interest-bearing debt decreased by 43.8% due to an increase in cash, but dependence on short-term borrowings expanded.
  21. FY2020-Q3WorsenedAnnual report

    「Current liabilities were ¥3,330 million (¥2,822 million at the end of the previous consolidated fiscal year), an increase of ¥508 million. This was due to increases of ¥80 million in notes and accounts payable and ¥576 million in short-term borrowings. Non-current liabilities were ¥1,289 million (¥1,554 million at the end of the previous consolidated fiscal year), a decrease of ¥264 million. This was due to a decrease of ¥238 million in long-term borrowings and other factors.」

    Long-term borrowings decreased, while short-term borrowings increased by ¥576 million, resulting in a ¥508 million increase in total current liabilities from the end of the previous consolidated fiscal year.
  22. FY2020-Q2WorsenedAnnual report

    「Current liabilities were ¥3,854 million (¥2,822 million at the end of the previous consolidated fiscal year), an increase of ¥1,031 million. This was due to an increase of ¥869 million in short-term borrowings and other items and an increase of ¥63 million in accrued consumption taxes and other items.」

    Short-term borrowings and other items increased by ¥869 million, and total current liabilities increased by ¥1,031 million. Although long-term borrowings decreased by ¥152 million, funding exposure expanded, primarily through short-term borrowings.
  23. FY2020-Q1WorsenedAnnual report

    「Current liabilities were ¥3,394 million (¥2,822 million at the end of the previous consolidated fiscal year), an increase of ¥572 million. This was due to an increase of ¥709 million in short-term borrowings and other items and a decrease of ¥66 million in accrued income taxes and other taxes. Non-current liabilities were ¥1,390 million (¥1,554 million at the end of the previous consolidated fiscal year), a decrease of ¥163 million. This was due to a decrease of ¥138 million in long-term borrowings.」

    Long-term borrowings decreased, while short-term borrowings and other items increased by ¥709 million, resulting in a ¥572 million increase in total current liabilities.
  24. FY2019MaterialisedAnnual report

    「At the end of the current consolidated fiscal year, the company was in breach of its financial covenants, but obtained the consent of its financial institutions to defer enforcement of their right to declare a loss of the benefit of time.」

    The note states that an actual breach of the financial covenants attached to the borrowing agreements occurred and that consent to defer enforcement was obtained from the financial institutions.
  25. FY2019-Q3MitigatedAnnual report

    「Current liabilities were ¥3,817 million (¥4,002 million at the end of the previous consolidated fiscal year), a decrease of ¥184 million. This was due to a decrease of ¥515 million in short-term borrowings, despite an increase of ¥327 million in notes and accounts payable and other factors. Non-current liabilities were ¥1,689 million (¥1,436 million at the end of the previous consolidated fiscal year), an increase of ¥252 million. This was due to an increase of ¥269 million in long-term borrowings and other factors.」

    Short-term borrowings decreased by ¥515 million, while long-term borrowings increased by ¥269 million. Although the composition of borrowings changed, current liabilities decreased by ¥184 million.
  26. FY2019-Q2MitigatedAnnual report

    「Current liabilities were ¥3,305 million (¥4,002 million at the end of the previous consolidated fiscal year), a decrease of ¥697 million. This was due to a decrease of ¥689 million in short-term borrowings and other factors, despite an increase of ¥61 million in notes and accounts payable. Non-current liabilities were ¥1,843 million (¥1,436 million at the end of the previous consolidated fiscal year), an increase of ¥407 million. This was due to an increase of ¥419 million in long-term borrowings and other factors.」

    Short-term borrowings decreased by ¥689 million, while long-term borrowings increased by ¥419 million. Total current liabilities decreased by ¥697 million from the end of the previous consolidated fiscal year.
  27. FY2019-Q1MitigatedAnnual report

    「Current liabilities were ¥3,111 million (¥4,002 million at the end of the previous consolidated fiscal year), a decrease of ¥890 million. This was due to a decrease in short-term borrowings of ¥933 million and other factors, despite an increase of ¥109 million in notes and accounts payable. Non-current liabilities were ¥1,983 million (¥1,436 million at the end of the previous consolidated fiscal year), an increase of ¥546 million. This was due to an increase of ¥555 million in long-term borrowings and other factors.」

    Short-term borrowings decreased by ¥933 million, while long-term borrowings increased by ¥555 million. The note describes changes in the liability composition, including short-term borrowings, and a decrease in total borrowings.
  28. FY2018-Q2MitigatedAnnual report

    「Current liabilities amounted to ¥2,073 million, compared with ¥2,827 million at the end of the previous fiscal year, a decrease of ¥754 million. This was due to a decrease in short-term borrowings (¥1,050 million), despite increases in notes and accounts payable and other liabilities.」

    Current liabilities decreased due to a decline in short-term borrowings, reducing the company's exposure to dependence on borrowings.
  29. FY2017MitigatedAnnual report

    「The ratio of borrowings to total assets was high, at 56.9% as of the end of the fiscal year ended June 2017.」

    The borrowing ratio decreased from 60.9% at the end of the previous fiscal year to 56.9%. However, the company explains that it remains at a high level.
  30. FY2016First statedAnnual report

    「The ratio of borrowings to total assets was high, at 60.9% as of the end of the fiscal year ended June 2016.」

    The company finances working capital through borrowings and identifies difficulty in raising funds if its creditworthiness deteriorates as a risk.
Moved together

"Improving Gross Margin" moved the same way as this thread, in the same document, in 19 of its 33 moves.

191514131212★123456
  1. ★This thread
  2. 1Improving Gross Margin19×
  3. 2Strengthening the development of products with strong sales potential and narrowing the range of items developed15×
  4. 3Expanding e-commerce sales14×
  5. 4Aggressive store expansion centered on the MILESTO format13×
  6. 5Development of New Sales Channels for Kitchen and Travel Products12×
  7. 6BRUNO overseas sales in China and other markets12×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Bruno yet. It last moved in the Earnings presentation of 2026-08-14: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on borrowings and funding risk | BRUNO,Inc. (3140) | Komori