Komori
The Seima Holdings (3306) · FactMitigated

Increase in long-term borrowings and decline in the equity ratio

First written in FY2017-Q1. 18 of 36 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2026.

36entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2022-Q1 – FY2023-Q3WorsenedFY2024-Q1 – FY2025-H12016: 220162017: 420172018: 420182019: 420192020: 420202021: 420212022: 320222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Decline in equity ratio due to increase in liabilitiesA theme 39 companies write about · 40 as a headwind · 0 as a tailwind

The Seima Holdings moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).

The whole theme swung hardest in 2026: 9 of 34 companies on the "Worse" side.

8 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 39 companies compared. The sentences above are computed from all 39.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Net assets at the end of the current fiscal year increased by ¥617 million from the end of the previous fiscal year to ¥2,129 million (¥1,512 million at the end of the previous fiscal year).」

    After the transition to unconsolidated accounting, net assets increased by ¥617 million, and the equity ratio of the filing company was 59.2%. The financial structure improved from the previous fiscal year's 43.6%.
  2. 2026-05-14MitigatedEarnings

    「The equity ratio was 59.2%.」

    The company reported an equity ratio of 59.2% as its financial position after transitioning to non-consolidated disclosure. A simple comparison with the previous fiscal year is affected by the difference in the scope of consolidation.
  3. FY2026-H1Financial structure after the transition to unconsolidated accountingAnnual report

    「At the end of the current interim accounting period, liabilities were ¥2,015 million, an increase of ¥567 million from the end of the previous fiscal year. The main factors were increases of ¥500 million in short-term borrowings and ¥104 million in income taxes payable. [Omitted.] Net assets at the end of the current interim accounting period were ¥2,130 million, an increase of ¥617 million from the end of the previous fiscal year. As a result, the equity ratio was 51.0%.」

    After the transition to unconsolidated accounting, liabilities increased by ¥567 million due to an increase in short-term borrowings, while net assets increased by ¥617 million and the equity ratio was 51.0%. Because the scope of consolidation differs, simple comparisons with the previous fiscal year are subject to limitations.
  4. FY2025MitigatedAnnual report

    「Equity ratio (%) 39.6 40.3 40.6 40.0 43.6」

    The equity ratio rose from 40.0% in the previous fiscal year to 43.6%, indicating an improvement in the financial base. Net assets also increased from ¥2,880 million to ¥3,710 million.
  5. FY2025-H1WorsenedAnnual report

    「At the end of the current interim consolidated fiscal period, liabilities were ¥1,874 million, an increase of ¥131 million from the end of the previous consolidated fiscal year. Although bonds due for redemption within one year decreased by ¥155 million, short-term borrowings increased by ¥150 million, the provision for bonuses increased by ¥42 million, and other current liabilities increased by ¥83 million. [Omitted.] As a result, the equity ratio was 39.5%.」

    Liabilities increased by ¥131 million, and short-term borrowings and related items increased. Although net assets increased, the equity ratio declined from 40.0% at the previous year-end to 39.5%.
  6. FY2024WorsenedAnnual report

    「Current liabilities at the end of the current consolidated fiscal year increased by ¥441 million from the end of the previous consolidated fiscal year to ¥1,170 million (¥728 million at the end of the previous consolidated fiscal year). The main factors were increases of ¥126 million in notes and accounts payable, ¥43 million in electronically recorded obligations, ¥120 million in short-term borrowings, and ¥125 million in bonds due for redemption within one year.」

    Current liabilities increased by ¥441 million, including increases in short-term borrowings, bonds due for redemption within one year, and related items. Although net assets increased, the equity ratio declined from 40.6% to 40.0%.
  7. FY2024-Q3WorsenedAnnual report

    「At the end of the third quarter of the current consolidated fiscal year, liabilities were ¥1,693 million, an increase of ¥156 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥116 million in notes and accounts payable and ¥41 million in the provision for bonuses. [Omitted.] Net assets at the end of the third quarter of the current consolidated fiscal year were ¥2,807 million, an increase of ¥295 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥93 million in retained earnings and ¥139 million in non-controlling interests. As a result, the equity ratio was 40.0%.」

    Although net assets increased by ¥295 million, liabilities also increased by ¥156 million, and the equity ratio declined from 40.6% at the previous year-end to 40.0%.
  8. FY2024-Q2WorsenedAnnual report

    「At the end of the second quarter of the current consolidated fiscal year, liabilities were ¥1,750 million, an increase of ¥214 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥186 million in notes and accounts payable and ¥80 million in short-term borrowings. [Omitted.] Net assets at the end of the second quarter of the current consolidated fiscal year were ¥2,718 million, an increase of ¥207 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥43 million in retained earnings, ¥59 million in the foreign currency translation adjustment account, and ¥96 million in non-controlling interests. As a result, the equity ratio was 39.3%.」

    Liabilities increased by ¥214 million, and the equity ratio declined from 40.6% at the previous year-end to 39.3%. Net assets increased by ¥207 million.
  9. FY2024-Q1WorsenedAnnual report

    「At the end of the first quarter of the current consolidated fiscal year, liabilities were ¥1,676 million, an increase of ¥140 million from the end of the previous consolidated fiscal year. Although long-term borrowings, including the current portion, decreased by ¥47 million, notes and accounts payable increased by ¥149 million. [Omitted.] Net assets at the end of the first quarter of the current consolidated fiscal year were ¥2,588 million, an increase of ¥76 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 39.5%.」

    Although long-term borrowings decreased, liabilities increased by ¥140 million, and the equity ratio declined from 40.6% at the previous year-end to 39.5%.
  10. FY2023MitigatedAnnual report

    「Net assets at the end of the current consolidated fiscal year increased by ¥314 million from the end of the previous consolidated fiscal year to ¥2,511 million (¥2,197 million at the end of the previous consolidated fiscal year).」

    Net assets increased by ¥314 million, and the equity ratio also rose from 40.3% to 40.6%. Although liabilities increased, the previous trend of a declining equity ratio improved.
  11. FY2023-Q3WorsenedAnnual report

    「At the end of the third quarter of the current consolidated fiscal year, liabilities were ¥1,707 million, an increase of ¥270 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥70 million in long-term borrowings, including the current portion, ¥85 million in notes and accounts payable, and ¥43 million in the provision for bonuses.」

    Liabilities increased by ¥270 million from the previous year-end, and long-term borrowings and related items also increased. The equity ratio declined from 40.3% to 39.0%.
  12. FY2023-Q2WorsenedAnnual report

    「At the end of the second quarter of the current consolidated fiscal year, liabilities were ¥1,773 million, an increase of ¥336 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥143 million in notes and accounts payable and ¥110 million in long-term borrowings, including the current portion.」

    Liabilities increased by ¥336 million from the previous year-end, and long-term borrowings and related items also increased. Although net assets increased, the equity ratio declined from 40.3% to 37.8%.
  13. FY2023-Q1WorsenedAnnual report

    「At the end of the first quarter of the current consolidated fiscal year, liabilities were ¥1,682 million, an increase of ¥244 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥87 million in notes and accounts payable and ¥109 million in long-term borrowings, including the current portion.」

    Liabilities increased by ¥244 million from the previous year-end, including a ¥109 million increase in long-term borrowings and related items. The equity ratio declined from 40.3% at the previous year-end to 38.1%.
  14. FY2022-Q3WorsenedAnnual report

    「At the end of the third quarter of the current consolidated fiscal year, liabilities were ¥1,554 million, an increase of ¥107 million from the end of the previous consolidated fiscal year. Although bonds, including those due for redemption within one year, decreased by ¥30 million, long-term borrowings, including the current portion, increased by ¥102 million, and notes and accounts payable increased by ¥30 million.」

    Liabilities increased by ¥107 million due to increases in long-term borrowings and related items. The equity ratio also declined from 39.6% at the previous year-end to 38.7%.
  15. FY2022-Q2WorsenedAnnual report

    「At the end of the second quarter of the current consolidated fiscal year, liabilities were ¥1,595 million, an increase of ¥148 million from the end of the previous consolidated fiscal year. The main factor was a ¥132 million increase in long-term borrowings, including the current portion.」

    Liabilities increased by ¥148 million, including a ¥132 million increase in long-term borrowings and related items. The equity ratio declined from 39.6% to 38.3%.
  16. FY2022-Q1WorsenedAnnual report

    「At the end of the first quarter of the current consolidated fiscal year, liabilities were ¥1,640 million, an increase of ¥193 million from the end of the previous consolidated fiscal year. The main factor was a ¥169 million increase in long-term borrowings, including the current portion of long-term borrowings.」

    Liabilities increased by ¥193 million from the previous year-end, including a ¥169 million increase in long-term borrowings and related items. Although net assets increased by ¥48 million, the equity ratio declined from 39.6% at the previous year-end to 37.7%.
  17. FY2021ReframedAnnual report

    「Net assets at the end of the current consolidated fiscal year decreased by ¥18 million from the end of the previous consolidated fiscal year to ¥2,158 million (¥2,176 million at the end of the previous consolidated fiscal year).」

    Liabilities decreased by ¥160 million from the previous year-end, while the equity ratio rose from 36.0% to 39.6%. The company shifted from the previous situation centered on increases in long-term borrowings and a declining equity ratio.
  18. FY2021-Q3ReframedAnnual report

    「At the end of the third quarter of the current consolidated fiscal year, liabilities were ¥1,581 million, a decrease of ¥26 million from the end of the previous consolidated fiscal year. The main factors were a ¥41 million increase in the provision for bonuses, offset by decreases of ¥30 million in bonds and ¥31 million in liabilities related to retirement benefits. [Omitted.] As a result, the equity ratio was 37.4%.」

    Liabilities decreased by ¥26 million from the previous year-end, reflecting decreases in bonds and liabilities related to retirement benefits. The equity ratio rose from 36.0% at the previous year-end to 37.4%, marking a shift from the previous situation centered on rising liabilities and a declining equity ratio.
  19. FY2021-Q2ReframedAnnual report

    「At the end of the second quarter of the current consolidated fiscal year, liabilities were ¥1,556 million, a decrease of ¥50 million from the end of the previous consolidated fiscal year. Although long-term borrowings increased by ¥63 million, notes and accounts payable decreased by ¥50 million, bonds decreased by ¥25 million, and liabilities related to retirement benefits decreased by ¥30 million. Net assets at the end of the second quarter of the current consolidated fiscal year were ¥2,188 million, an increase of ¥11 million from the end of the previous consolidated fiscal year. Although retained earnings increased by ¥71 million due to the recognition of quarterly net income attributable to owners of the parent, the foreign currency translation adjustment account and non-controlling interests decreased by ¥30 million and ¥35 million, respectively. As a result, the equity ratio was 37.6%.」

    Although long-term borrowings increased by ¥63 million, total liabilities decreased by ¥50 million and net assets increased by ¥11 million. The equity ratio also rose from 36.0% at the previous year-end to 37.6%, marking a shift from the previous situation centered on rising liabilities and a declining equity ratio.
  20. FY2021-Q1WorsenedAnnual report

    「At the end of the first quarter of the current consolidated fiscal year, liabilities were ¥1,775 million, an increase of ¥168 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥73 million in notes and accounts payable and ¥107 million in long-term borrowings, including the current portion of long-term borrowings.」

    Liabilities increased by ¥168 million from the previous year-end, including a ¥107 million increase in long-term borrowings and related items. The equity ratio declined from 36.0% at the previous year-end to 35.1%.
  21. FY2020ReframedAnnual report

    「The balance of non-current liabilities at the end of the current consolidated fiscal year was ¥893 million, an increase of ¥130 million from the end of the previous consolidated fiscal year (¥763 million). Although long-term borrowings declined, bonds and retirement benefit liabilities increased.」

    The balance-sheet structure shifted from the previous composition, centered on increases in long-term borrowings, to one in which long-term borrowings decreased while bonds and liabilities related to retirement benefits increased. The equity ratio was 36.0%.
  22. FY2020-Q3WorsenedAnnual report

    「Liabilities at the end of the third quarter of the current consolidated fiscal year were ¥1,793 million, an increase of ¥175 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥55 million in provision for bonuses and ¥60 million in bonds, including bonds due for redemption within one year.」

    Liabilities increased by ¥175 million from the previous year-end, driven by increases in provision for bonuses and bonds. Net assets were ¥2,189 million, and the equity ratio was 34.4%.
  23. FY2020-Q2WorsenedAnnual report

    「Liabilities at the end of the second quarter of the current consolidated fiscal year were ¥1,731 million, an increase of ¥113 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥19 million in notes and accounts payable, trade, ¥42 million in provision for bonuses, ¥21 million in long-term borrowings, including current maturities, and ¥19 million in retirement benefit liabilities.」

    Liabilities increased by ¥113 million from the previous year-end, with long-term borrowings and retirement benefit liabilities also rising. The equity ratio fell from 35.7% to 34.7%.
  24. FY2020-Q1WorsenedAnnual report

    「Liabilities at the end of the first quarter of the current consolidated fiscal year were ¥1,764 million, an increase of ¥146 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥37 million in notes and accounts payable, trade under current liabilities, ¥48 million in long-term borrowings under non-current liabilities, and ¥15 million in retirement benefit liabilities.」

    Liabilities increased by ¥146 million, including increases of ¥48 million in long-term borrowings and ¥15 million in retirement benefit liabilities. The equity ratio fell from 35.7% at the previous year-end to 34.2%.
  25. FY2019ReframedAnnual report

    「The balance of non-current liabilities at the end of the current consolidated fiscal year was ¥763 million, a decrease of ¥21 million from the end of the previous consolidated fiscal year. The main factors were an increase in lease obligations and a decline in long-term borrowings.」

    The composition shifted from the previous pattern centered on increasing long-term borrowings, with long-term borrowings declining and bonds and lease obligations forming part of the mix. Net assets declined by ¥28 million, but the equity ratio was 35.7%.
  26. FY2019-Q3WorsenedAnnual report

    「Liabilities at the end of the third quarter of the current consolidated fiscal year were ¥1,764 million, an increase of ¥153 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥35 million in notes and accounts payable, trade, ¥60 million in provision for bonuses, and ¥45 million in bonds, including bonds due for redemption within one year.」

    Liabilities increased by ¥153 million. Although net assets increased by ¥21 million, the equity ratio fell from 35.9% at the previous year-end to 34.5%.
  27. FY2019-Q2WorsenedAnnual report

    「Liabilities at the end of the second quarter of the current consolidated fiscal year were ¥1,824 million, an increase of ¥213 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥110 million in notes and accounts payable, trade and ¥45 million in bonds, including bonds due for redemption within one year. [Omitted] Net assets at the end of the second quarter of the current consolidated fiscal year were ¥2,141 million, a decrease of ¥52 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 33.9%.」

    Liabilities increased by ¥213 million and net assets declined by ¥52 million. The equity ratio fell from 35.9% at the previous year-end to 33.9%.
  28. FY2019-Q1WorsenedAnnual report

    「Liabilities at the end of the first quarter of the current consolidated fiscal year were ¥1,694 million, an increase of ¥83 million from the end of the previous consolidated fiscal year. The main factors were increases of ¥46 million in notes and accounts payable, trade and ¥15 million in provision for bonuses under current liabilities. [Omitted] Net assets at the end of the first quarter of the current consolidated fiscal year were ¥2,159 million, a decrease of ¥34 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 34.9%.」

    Liabilities increased by ¥83 million and net assets declined by ¥34 million. The equity ratio fell from 35.9% at the previous year-end to 34.9%.
  29. FY2018ReframedAnnual report

    「The balance of non-current liabilities at the end of the current consolidated fiscal year was ¥800 million, a decrease of ¥27 million from the end of the previous consolidated fiscal year. Although bonds increased, this was offset by a decline in long-term borrowings. Net assets at the end of the current consolidated fiscal year increased by ¥129 million from the previous year-end to ¥2,193 million.」

    The composition shifted from the previous pattern of mainly long-term borrowings, with long-term borrowings declining and bonds increasing. Net assets increased by ¥129 million, and the equity ratio rose to 35.8%.
  30. FY2018-Q3ReframedAnnual report

    「Liabilities at the end of the third quarter of the current consolidated fiscal year were ¥1,759 million, an increase of ¥42 million from the end of the previous consolidated fiscal year. This reflected a ¥106 million decline in long-term borrowings, offset by increases of ¥52 million in provision for bonuses and ¥90 million in bonds. Net assets at the end of the third quarter of the current consolidated fiscal year were ¥2,194 million, an increase of ¥130 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 34.9%.」

    Long-term borrowings declined, while liabilities increased due to higher bonds and provision for bonuses. Net assets and the equity ratio rose from the previous year-end.
  31. FY2018-Q2ReframedAnnual report

    「Liabilities at the end of the second quarter of the current consolidated fiscal year were ¥1,868 million, an increase of ¥152 million from the end of the previous consolidated fiscal year. This reflected a ¥76 million decline in long-term borrowings, offset by increases of ¥54 million in notes and accounts payable, trade and ¥90 million in bonds. Net assets at the end of the second quarter of the current consolidated fiscal year were ¥2,143 million, an increase of ¥79 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 33.7%.」

    Against the previous pattern of increasing long-term borrowings and a declining equity ratio, long-term borrowings declined by ¥76 million while bonds increased by ¥90 million. Net assets increased by ¥79 million, and the equity ratio was 33.7%.
  32. FY2018-Q1ReframedAnnual report

    「Liabilities at the end of the first quarter of the current consolidated fiscal year were ¥1,727 million, an increase of ¥10 million from the end of the previous consolidated fiscal year. The main factor was a ¥30 million increase in short-term borrowings under current assets. [Omitted] Net assets at the end of the first quarter of the current consolidated fiscal year were ¥2,090 million, an increase of ¥26 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 34.5%.」

    Against the previous pattern of increasing long-term borrowings and a declining equity ratio, short-term borrowings increased during the quarter, while net assets and the equity ratio remained at the previous year-end levels.
  33. FY2017AdvancedAnnual report

    「The balance of non-current liabilities at the end of the current consolidated fiscal year was ¥827 million, an increase of ¥120 million from the end of the previous consolidated fiscal year. The main factor was an increase in long-term borrowings.」

    Although long-term borrowings increased, net assets were ¥2,063 million and the equity ratio was 34.5%, up from the previous year-end.
  34. FY2017-Q3AdvancedAnnual report

    「Liabilities at the end of the third quarter of the current consolidated fiscal year were ¥1,811 million, a decrease of ¥51 million from the end of the previous consolidated fiscal year. This was despite a ¥167 million increase in long-term borrowings, as notes and accounts payable, trade declined by ¥170 million. [Omitted] Net assets at the end of the third quarter of the current consolidated fiscal year were ¥1,939 million, an increase of ¥13 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 33.0%.」

    Long-term borrowings increased by ¥167 million, but total liabilities declined. Net assets increased by ¥13 million, and the equity ratio was 33.0%.
  35. FY2017-Q2AdvancedAnnual report

    「Liabilities at the end of the second quarter of the current consolidated fiscal year were ¥1,867 million, an increase of ¥4 million from the end of the previous consolidated fiscal year. This reflected a ¥137 million decline in notes and accounts payable, trade, despite increases of ¥34 million in current maturities of long-term borrowings and ¥131 million in long-term borrowings. [Omitted] Net assets at the end of the second quarter of the current consolidated fiscal year were ¥1,865 million, a decrease of ¥60 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 31.8%.」

    Long-term borrowings continued to increase, while net assets declined from the previous year-end. The equity ratio was 31.8%, above 31.5% at the previous year-end.
  36. FY2017-Q1First statedAnnual report

    「Liabilities at the end of the first quarter of the current consolidated fiscal year were ¥2,090 million, an increase of ¥228 million from the end of the previous consolidated fiscal year. The main factor was a ¥208 million increase in long-term borrowings under non-current liabilities. [Omitted] Net assets at the end of the first quarter of the current consolidated fiscal year were ¥1,904 million, a decrease of ¥21 million from the end of the previous consolidated fiscal year. As a result, the equity ratio was 29.9%.」

    Long-term borrowings increased by ¥208 million at the end of the first quarter, net assets declined by ¥21 million, and the equity ratio was 29.9%.
Moved together

"Strong domestic mat sales and a higher proportion of premium products" moved the same way as this thread, in the same document, in 19 of its 36 moves.

191816151211★123456
  1. ★This thread
  2. 1Strong domestic mat sales and a higher proportion of premium products19×
  3. 2Growth in operating income, ordinary income and profit attributable to owners of the parent18×
  4. 3Weak domestic consumption, concerns over a slowdown in China and other external factors16×
  5. 4Higher revenue and earnings through early sales in the industrial materials business15×
  6. 5Improvement in quarterly comprehensive income due to an increase in the foreign currency translation adjustment12×
  7. 6Declining revenue and an operating loss in the food business11×

★ 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 The Seima Holdings yet. It last moved in the Earnings of 2026-05-14: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.