Strengthening the Financial Position and Continued Reduction of Interest-Bearing Debt
First written in FY2016. 25 of 38 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-03.
20 other companies' latest entry also says "Worsened".
- 2026-08-03WorsenedEarnings
「Borrowings increased by ¥105 million because the increase in borrowings at the time of refinancing exceeded scheduled repayments.」
Borrowings increased because the increase in borrowings at the time of refinancing exceeded scheduled repayments. - FY2026AdvancedAnnual report
「A ¥211 million decrease in borrowings resulting from ¥400 million in new borrowings and ¥611 million in scheduled repayments, and a ¥232 million increase in lease obligations due to the acquisition of lease assets」
Although new borrowings were raised, scheduled repayments exceeded them, resulting in a ¥211 million decrease in borrowings. As of the end of the third quarter, the ¥3,873 million in borrowings recorded under current liabilities had already been refinanced into borrowings with an approximately 18-year ultra-long-term maturity. - FY2026-H1New borrowings exceed repaymentsAnnual report
「Total liabilities were ¥15,296 million, up ¥183 million from the end of the previous fiscal year. The main factors were a ¥67 million decrease in notes and accounts payable due to payments of trade payables, the reversal of a ¥46 million provision for shareholder benefits, a ¥109 million increase in borrowings resulting from ¥400 million in new borrowings and ¥290 million in scheduled repayments, and a ¥174 million increase in other liabilities, mainly due to a ¥263 million increase in lease obligations.」
Borrowings increased by ¥109 million as new borrowings of ¥400 million exceeded scheduled repayments of ¥290 million. In contrast to the trend of reducing liabilities, borrowings increased during the interim period. - FY2025-H1AdvancedAnnual report
「Total liabilities were ¥15,059 million, down ¥355 million from the end of the previous fiscal year. The main factors were a ¥122 million decrease in notes and accounts payable due to payments of trade payables, a ¥64 million decrease in other current liabilities due mainly to a decrease in deposits received from tenants, and a ¥79 million decrease in borrowings resulting from ¥200 million in new borrowings and ¥279 million in scheduled repayments.」
Although ¥200 million in new borrowings were raised, borrowings decreased by ¥79 million due to ¥279 million in scheduled repayments, while total liabilities decreased by ¥355 million from the end of the previous fiscal year. - FY2024AdvancedAnnual report
「We have made reasonable progress in hedging the interest-rate risk of our borrowing portfolio. Going forward, we will continue to respond promptly to changes and work steadily to reduce borrowings.」
Interest-bearing debt totaled ¥10,037 million, down from ¥10,515 million in the previous fiscal year. In addition to scheduled repayments, borrowings recorded under current liabilities were refinanced into long-term borrowings with fixed interest rates. - FY2024-Q3AdvancedAnnual report
「Total liabilities were ¥15,362 million, down ¥281 million from the end of the previous fiscal year. Current liabilities were ¥4,396 million, up ¥2,866 million. The main factors were a ¥111 million increase in notes and accounts payable due to increased purchases, and a ¥2,792 million increase in short-term borrowings as borrowings due for repayment within one year were reclassified from non-current to current liabilities. Non-current liabilities were ¥10,965 million, down ¥3,147 million. The main factor was a ¥3,210 million decrease in long-term borrowings due to scheduled repayments and reclassification to current liabilities.」
Total liabilities decreased by ¥281 million from the end of the previous fiscal year, and long-term borrowings decreased by ¥3,210 million due to scheduled repayments and reclassification to current liabilities. Borrowings were reduced despite the associated reclassification to short-term borrowings. - FY2024-Q2AdvancedAnnual report
「Total liabilities were ¥15,445 million, down ¥197 million from the end of the previous fiscal year. Current liabilities were ¥4,386 million, up ¥2,856 million. The main factor was a ¥2,845 million increase in short-term borrowings as borrowings due for repayment within one year were reclassified from non-current to current liabilities. Non-current liabilities were ¥11,059 million, down ¥3,053 million. The main factors were a ¥3,122 million decrease in long-term borrowings due to scheduled repayments and reclassification to current liabilities, and a ¥62 million increase in other non-current liabilities due to new lease agreements and other factors.」
Total liabilities decreased by ¥197 million from the end of the previous fiscal year, and long-term borrowings decreased by ¥3,122 million due to scheduled repayments and reclassification to current liabilities as maturities approached. - FY2024-Q1AdvancedAnnual report
「Total liabilities were ¥15,569 million, down ¥73 million from the end of the previous fiscal year. Current liabilities were ¥4,408 million, up ¥2,878 million. The main factor was a ¥2,897 million increase in short-term borrowings, which totaled ¥3,458 million, as borrowings due for repayment within one year were reclassified from non-current to current liabilities. Non-current liabilities were ¥11,160 million, down ¥2,952 million. The main factors were a ¥3,037 million decrease in long-term borrowings, which totaled ¥6,877 million, due to scheduled repayments and reclassification to current liabilities,」
Total liabilities decreased by ¥73 million from the end of the previous fiscal year. The composition of borrowings shifted from long-term to short-term borrowings due to scheduled repayments and reclassification to current liabilities as maturities approached. - FY2023AdvancedAnnual report
「Total liabilities were ¥15,643 million, down ¥823 million from ¥16,466 million at the end of the previous fiscal year, a 5.0% decrease. The main factors were a ¥166 million decrease in notes and accounts payable due to payments, a ¥407 million decrease in borrowings due to scheduled repayments and other factors, and a ¥98 million decrease in guarantee deposits received due to scheduled refunds.」
Borrowings decreased by ¥407 million due to scheduled repayments and other factors, while total liabilities decreased by ¥823 million from the end of the previous fiscal year. Interest-bearing debt totaled ¥10,515 million. - FY2023-Q3AdvancedAnnual report
「Liabilities were ¥15,780 million, compared with ¥16,466 million at the end of the previous fiscal year, a decrease of ¥686 million, or 4.2%. The main factors were a ¥383 million decrease in short- and long-term borrowings due to scheduled repayments and other factors, and an ¥80 million decrease in long-term deposits received due to returns.」
Short-term and long-term borrowings decreased by ¥383 million due to scheduled repayments and other factors, while total liabilities decreased by ¥686 million from the end of the previous fiscal year. - FY2023-Q2AdvancedAnnual report
「Liabilities were ¥15,853 million, compared with ¥16,466 million at the end of the previous fiscal year, a decrease of ¥613 million, or 3.7%. The main factors were a ¥118 million decrease in notes and accounts payable due to payments of trade payables and other factors, and a ¥303 million decrease in short- and long-term borrowings due to scheduled repayments.」
Short- and long-term borrowings declined by ¥303 million due to scheduled repayments, and total liabilities declined by ¥613 million from the end of the previous fiscal year. The reduction of existing borrowings continues. - FY2023-Q1AdvancedAnnual report
「Liabilities were ¥16,037 million, compared with ¥16,466 million at the end of the previous fiscal year, a decrease of ¥429 million, or 2.6%. The main factors were a ¥137 million decrease in notes and accounts payable due to payments of trade payables and other factors, and a ¥151 million decrease in borrowings due to scheduled repayments.」
Borrowings declined by ¥151 million due to scheduled repayments, and total liabilities declined by ¥429 million from the end of the previous fiscal year. - FY2022AdvancedAnnual report
「Liabilities were ¥16,466 million, compared with ¥17,293 million at the end of the previous fiscal year, a decrease of ¥827 million, or 4.8% from the previous fiscal year. The main factors were a ¥607 million decrease in long-term borrowings due to scheduled repayments and an ¥81 million decrease in long-term deposits received due to scheduled returns.」
Long-term borrowings declined by ¥607 million due to scheduled repayments, and total liabilities declined by ¥827 million from the end of the previous fiscal year. Interest-bearing debt was ¥10,945 million. - FY2022-Q3AdvancedAnnual report
「Liabilities were ¥16,850 million, compared with ¥17,293 million at the end of the previous fiscal year, a decrease of ¥443 million, or 2.6%. The main factor was a ¥455 million decrease in borrowings due to scheduled repayments.」
Borrowings declined by ¥455 million due to scheduled repayments, and total liabilities declined by ¥443 million from the end of the previous fiscal year. - FY2022-Q2AdvancedAnnual report
「Liabilities were ¥16,555 million, compared with ¥17,293 million at the end of the previous fiscal year, a decrease of ¥738 million, or 4.3%. The main factors were decreases of ¥133 million in notes and accounts payable due to payments of trade payables and other factors, ¥217 million in other current liabilities due to consumption tax payments and the return of deposits received from some tenants, and ¥303 million in long-term borrowings due to scheduled repayments.」
Total liabilities declined by ¥738 million from the end of the previous fiscal year, while long-term borrowings declined by ¥303 million due to scheduled repayments. The reduction of existing borrowings continues. - FY2022-Q1AdvancedAnnual report
「Liabilities were ¥16,754 million, compared with ¥17,293 million at the end of the previous fiscal year, a decrease of ¥539 million, or 3.1%. The main factors were decreases of ¥179 million in notes and accounts payable due to payments of trade payables and other factors, ¥144 million in other current liabilities due to consumption tax payments and other factors, and ¥151 million in long-term borrowings due to scheduled repayments.」
Total liabilities declined by ¥539 million from the end of the previous fiscal year, while long-term borrowings declined by ¥151 million due to scheduled repayments. - FY2021AdvancedAnnual report
「Liabilities were ¥17,293 million, compared with ¥17,953 million at the end of the previous fiscal year, a decrease of ¥659 million. The main factors were a ¥7,793 million decrease in short-term borrowings due to the refinancing of the syndicated loan and other factors, and a ¥7,184 million increase in long-term borrowings.」
The refinancing of the syndicated loan progressed the shift in the debt mix from short-term to long-term borrowings, and total liabilities declined by ¥659 million from the end of the previous fiscal year. - FY2021-Q3AdvancedAnnual report
「With the cooperation of the lending banks, the company decided at the end of December, ahead of schedule, to continue the syndicated loan maturing in March 2021. As a result, part of the short-term borrowings was reclassified as long-term borrowings, improving the current ratio at the end of the third quarter.」
The company decided at the end of December, ahead of schedule, to continue the syndicated loan maturing in March 2021. As a result, part of the short-term borrowings was reclassified as long-term borrowings, improving the current ratio. - FY2021-Q2AdvancedAnnual report
「Liabilities were ¥17,329 million, compared with ¥17,953 million at the end of the previous fiscal year, a decrease of ¥624 million, or 3.5%. The main factors were a ¥69 million decrease in notes and accounts payable due to payments of trade payables, a ¥169 million decrease in short-term borrowings due to scheduled repayments, and a ¥134 million decrease in long-term borrowings.」
Total liabilities declined by ¥624 million from the end of the previous fiscal year, while both short-term and long-term borrowings declined due to repayments. - FY2020Concurrent growth investment borrowings and reduction of existing borrowingsAnnual report
「Accordingly, the company intends to strengthen financial management while steadily reducing existing borrowings and taking out construction financing for the new building, "Suntomoon Oasis (Oasis)."」
The company continues to manage its finances by reducing existing borrowings while raising funds to construct the new building. Interest-bearing debt at the end of the fiscal year was ¥12,205 million. - FY2020-Q3Continued increase in long-term borrowings associated with developmentAnnual report
「Liabilities were ¥18,135 million, compared with ¥16,544 million at the end of the previous fiscal year, an increase of ¥1,591 million, or 9.6%. The main factors were a ¥1,766 million decrease in short-term borrowings and a ¥3,333 million increase in long-term borrowings.」
While short-term borrowings declined, long-term borrowings increased by ¥3,333 million, and borrowings associated with development investment continued to rise. - FY2020-Q2Higher long-term borrowings for development fundingAnnual report
「Liabilities were ¥18,480 million, compared with ¥16,544 million at the end of the previous fiscal year, an increase of ¥1,936 million, or 11.7%. The main factors were a ¥1,766 million decrease in short-term borrowings and a ¥3,485 million increase in long-term borrowings.」
Although short-term borrowings declined, long-term borrowings increased by ¥3,485 million, changing the funding mix for development investment. - FY2020-Q1Higher short-term borrowings during developmentAnnual report
「Liabilities were ¥16,901 million, compared with ¥16,544 million at the end of the previous fiscal year, an increase of ¥356 million, or 2.2%. The main factors were a ¥69 million decrease in notes and accounts payable, a ¥497 million increase in short-term borrowings, a ¥28 million decrease in provisions for shareholder benefit programs, and a ¥19 million decrease in long-term borrowings.」
Short-term borrowings increased by ¥497 million as the fourth development phase progressed, and total liabilities increased by ¥356 million from the end of the previous fiscal year. - FY2019ReframedAnnual report
「The company has taken out new borrowings to prioritize growth investment. Going forward, it intends to strengthen financial management further by steadily reducing existing borrowings while managing borrowings for growth investment and securing free cash flow.」
The financial policy has been reorganized to address not only the reduction of existing borrowings, but also the management of new borrowings associated with growth investment and the securing of free cash flow. - FY2019-Q3Higher borrowings associated with developmentAnnual report
「Liabilities were ¥15,896 million, compared with ¥14,437 million at the end of the previous fiscal year, an increase of ¥1,458 million, or 10.1%. The main factors were a ¥1,089 million increase in short-term borrowings and a ¥286 million increase in deferred tax liabilities related to revaluation following a review of the applicable tax rate due to the reduction in capital stock.」
Total liabilities increased by ¥1,458 million from the end of the previous fiscal year, including a ¥1,089 million increase in short-term borrowings. Borrowings continued to increase as the fourth development phase progressed. - FY2019-Q2Continued borrowing for development fundingAnnual report
「Net cash provided by financing activities was ¥189 million, compared with net cash used of ¥183 million in the prior-year period. This was mainly due to a net increase of ¥125 million in short-term borrowings, proceeds of ¥300 million from long-term borrowings, and repayments of ¥199 million on long-term borrowings.」
As the fourth development phase progressed, the company recorded a net increase in short-term borrowings and raised long-term borrowings, resulting in positive cash flow from financing activities. - FY2019-Q1Higher borrowings during the development phaseAnnual report
「Liabilities were ¥14,502 million, compared with ¥14,437 million at the end of the previous fiscal year, an increase of ¥64 million, or 0.4%. The main factors were a ¥147 million decrease in notes and accounts payable, increases of ¥185 million in short-term borrowings and ¥140 million in long-term borrowings, and decreases of ¥32 million in income taxes payable and ¥21 million in provisions for shareholder benefit programs.」
Total liabilities increased by ¥64 million from the end of the previous fiscal year, while short-term borrowings increased by ¥185 million and long-term borrowings by ¥140 million. - FY2018AdvancedAnnual report
「Liabilities at the end of the fiscal year were ¥14,437 million, compared with ¥14,764 million at the end of the previous fiscal year, a decrease of ¥326 million. The main factor was a ¥338 million decrease in long-term borrowings.」
Long-term borrowings declined by ¥338 million, and total liabilities declined by ¥326 million. - FY2018-Q3AdvancedAnnual report
「Liabilities at the end of the third quarter were ¥14,475 million, compared with ¥14,764 million at the end of the previous fiscal year, a decrease of ¥289 million, or 2.0%. The main factors were an increase of ¥61 million in short-term borrowings and decreases of ¥253 million in long-term borrowings and ¥59 million in long-term deposits received.」
Total liabilities declined by ¥289 million from the end of the previous fiscal year, including a ¥253 million decrease in long-term borrowings. - FY2018-Q2AdvancedAnnual report
「Liabilities at the end of the second quarter were ¥14,479 million, compared with ¥14,764 million at the end of the previous fiscal year, a decrease of ¥284 million, or 1.9%. The main factors were decreases of ¥40 million in deposits received, included in other current liabilities, ¥169 million in long-term borrowings, and ¥39 million in long-term deposits received.」
Long-term borrowings declined by ¥169 million, and total liabilities declined by ¥284 million from the end of the previous fiscal year. - FY2018-Q1AdvancedAnnual report
「The main factors were decreases of ¥98 million in notes and accounts payable, ¥84 million in long-term borrowings, and ¥21 million in long-term deposits received.」
Liabilities at the end of the first quarter declined by ¥361 million from the end of the previous fiscal year, including a ¥84 million decrease in long-term borrowings. - FY2017AdvancedAnnual report
「The financial position has generally improved in line with the plan, mainly due to the procurement of stable, long-term funding through a syndicated loan and the establishment of consistent net profitability. The company will continue working toward its financial targets in accordance with its financial strategy.」
The company cites the procurement of stable, long-term funding and the establishment of consistent net profitability as factors behind the improvement in its financial position, and continues to work toward its financial targets. - FY2017-Q3AdvancedAnnual report
「Under "strengthening the financial position," the company is steadily achieving the financial indicators targeted in its medium-term management plan, including securing stable, long-term funding by refinancing all existing borrowings through a long-term syndicated loan in the first quarter of fiscal 2016.」
The company has reaffirmed that it secured stable, long-term funding by refinancing all borrowings and stated that progress is being made toward achieving its financial indicators. Interest expenses also declined substantially from the prior-year period. - FY2017-Q2RestatedAnnual report
「Under "strengthening the financial position," the company is steadily achieving the financial indicators targeted in its medium-term management plan, including securing stable, long-term funding by refinancing all existing borrowings through a long-term syndicated loan in the first quarter of fiscal 2016.」
The company is reaffirming the refinancing of all existing borrowings through a long-term syndicated loan and the progress made toward achieving its financial indicators. - FY2017-Q1AdvancedAnnual report
「By refinancing all existing borrowings with a long-term syndicated loan in the first quarter of fiscal 2016, the company secured stable, long-term funding. It also gained a clear path toward achieving the current ratio target set in its medium-term management plan.」
The company refinanced all existing borrowings on a long-term basis and secured stable funding. It also stated that it had gained a clear path toward achieving the current ratio target in its medium-term plan. - FY2016First statedAnnual report
「The fourth issue to be addressed is strengthening the company's financial position. To this end, the company will raise long-term, stable funding, set various financial targets and pursue them with strong resolve. It will also continue to reduce interest-bearing debt using surplus operating cash flow.」
The company is using long-term, stable funding and debt reduction through surplus operating cash flow as measures to improve its financial position.