Interest Rate Fluctuations on Borrowings and Financing and Liquidity Risks
First written in FY2019. 16 of 29 entries say "Worsened", first in FY2020. Latest entry: 2026-09-15.
Tokyo Base 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 2022: 4 of 26 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- 2026-09-15OtherFinancial Results Presentation
「下半期アクション 銀行融資にて30億円のコミットメントラインを設定し財務レバレッジを強化」
借入余力と財務レバレッジを強化する下半期の施策を示した。施策は今後のアクションとして記載されており、流動性リスクの低減実績とは区別した。 - FY2027-H1WorsenedAnnual report
「Short-term borrowings increased by ¥200 million. Total overdraft facility limit: ¥2,100 million; outstanding borrowings: ¥2,100 million. Cash and cash equivalents decreased by ¥873.823 million from the end of the previous consolidated fiscal year to ¥3,523.338 million.」
The full overdraft facility was drawn, and short-term borrowings also increased, while cash and cash equivalents decreased by ¥873.823 million. - FY2026Increased borrowings alongside repayment capacityAnnual report
「Interest-bearing debt at the end of the consolidated fiscal year was ¥5,739.472 million. Net Debt/EBITDA was approximately 0.53x. The equity ratio was 42.0%.」
Interest-bearing debt increased from ¥3,946.904 million at the end of the previous fiscal year, and outstanding overdraft borrowings also reached ¥1,900 million. The company disclosed cash of ¥4,397.162 million and Net Debt/EBITDA of approximately 0.53x. - FY2026-H1WorsenedAnnual report
「Total overdraft facility limit: ¥1,400 million. Outstanding borrowings: ¥700 million. Cash and cash equivalents decreased by ¥1,233.613 million from the end of the previous consolidated fiscal year to ¥2,435.681 million.」
The overdraft facility limit increased from ¥900 million to ¥1,400 million, with ¥700 million drawn, while cash and cash equivalents decreased by ¥1,233.613 million. - FY2025MitigatedAnnual report
「Interest-bearing debt at the end of the consolidated fiscal year was ¥3,946.904 million, and cash and cash equivalents were ¥3,669.294 million. Free cash flow (FCF) was ... positive at ¥986.154 million」
Interest-bearing debt decreased from ¥4,444.426 million at the end of the previous fiscal year, while cash flow from operating activities and free cash flow after investing activities were positive. - FY2025-H1WorsenedAnnual report
「The current portion of long-term borrowings increased by ¥408.379 million and long-term borrowings increased by ¥482.944 million. Total overdraft facility limit: ¥900 million. Outstanding borrowings: ¥900 million」
Long-term borrowings and other debt increased, and the full ¥900 million overdraft facility remained drawn. Cash and deposits also decreased by ¥335.007 million from the end of the previous fiscal year, indicating continued reliance on borrowings and liquidity. - FY2025-Q1WorsenedAnnual report
「Total assets at the end of the first quarter of the current consolidated fiscal year decreased by ¥1,031.564 million from the end of the previous consolidated fiscal year to ¥10,856.572 million. This was mainly because cash and deposits decreased by ¥1,773.945 million. Outstanding borrowings: ¥900 million」
Cash and deposits decreased by ¥1,773.945 million, while the full ¥900 million overdraft facility remained drawn, indicating continued reliance on liquidity and borrowings. - FY2024WorsenedAnnual report
「Interest-bearing debt stood at ¥4,444.426 million at the end of the consolidated fiscal year. Cash and cash equivalents stood at ¥4,163.366 million at the end of the consolidated fiscal year. Total overdraft facility limit: ¥900 million. Outstanding borrowings: ¥900 million」
Interest-bearing debt increased from ¥3,647.283 million at the end of the previous fiscal year to ¥4,444.426 million, with the full ¥900 million overdraft facility drawn. Cash increased, but reliance on financing, including long-term borrowings, continued. - FY2024-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year decreased by ¥218.233 million from the end of the previous consolidated fiscal year to ¥5,611.031 million. This was mainly because long-term borrowings increased by ¥475.126 million, while accounts payable decreased by ¥297.060 million, short-term lease liabilities decreased by ¥150.764 million and long-term lease liabilities decreased by ¥206.199 million. Proceeds from long-term borrowings: ¥1,100 million. Total overdraft facility limit: ¥1,100 million. Outstanding borrowings: ¥1,100 million」
The company drew ¥1,100 million in long-term borrowings, increasing long-term borrowings by ¥475.126 million. The full ¥1,100 million overdraft facility also remained drawn, and although cash and cash equivalents increased by ¥417.501 million, reliance on borrowings continued. - FY2023WorsenedAnnual report
「Interest-bearing debt stood at ¥3,647.283 million at the end of the consolidated fiscal year. Cash and cash equivalents stood at ¥2,504.646 million at the end of the consolidated fiscal year.」
Interest-bearing debt increased to ¥3,647.283 million, and the full ¥1,100 million in short-term borrowings was drawn, while cash and cash equivalents decreased to ¥2,504.646 million. - FY2023-Q3WorsenedAnnual report
「Total overdraft facility limit: ¥800 million. Outstanding borrowings: ¥800 million. Balance: —. Cash and deposits decreased by ¥1,481.307 million」
The company continued to draw the full ¥800 million overdraft facility, while cash and deposits decreased by ¥1,481.307 million from the end of the previous consolidated fiscal year. - FY2023-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year increased by ¥464.662 million from the end of the previous consolidated fiscal year to ¥6,107.993 million. This was mainly because accounts payable increased by ¥206.474 million, short-term borrowings increased by ¥800 million, current lease liabilities increased by ¥152.384 million and long-term lease liabilities increased by ¥73.221 million, while the current portion of long-term borrowings decreased by ¥353.663 million, accrued corporate taxes and other liabilities decreased by ¥119.717 million and long-term borrowings decreased by ¥275.424 million.」
The company drew the full ¥800 million overdraft facility, increasing short-term borrowings and operating liabilities. Although long-term borrowings decreased, reliance on financing and liquidity became apparent during the quarter. - FY2023-Q1Decrease in borrowings alongside an increase in operating liabilitiesAnnual report
「Current portion of long-term borrowings decreased by ¥146.610 million and long-term borrowings decreased by ¥133.745 million, while accounts payable increased by ¥1,090.575 million. Cash and deposits decreased by ¥263.556 million」
Long-term borrowings and other debt decreased, while accounts payable increased significantly, and cash and deposits decreased by ¥263.556 million. - FY2022WorsenedAnnual report
「Interest-bearing debt stood at ¥3,215.610 million at the end of the consolidated fiscal year. Cash and cash equivalents stood at ¥3,145.275 million at the end of the consolidated fiscal year.」
Interest-bearing debt increased to ¥3,215.610 million, mainly due to the recognition of lease liabilities. Meanwhile, cash and cash equivalents recovered to ¥3,145.275 million. - FY2022-Q3RestatedAnnual report
「Total overdraft facility limit ¥800.000 million. Drawn balance –. Undrawn amount ¥800.000 million.」
The overdraft facility limit was maintained at ¥800 million, and there were no outstanding borrowings at the end of the third quarter. - FY2022-Q2MitigatedAnnual report
「Cash and cash equivalents increased by ¥931.125 million from the end of the previous consolidated fiscal year to ¥3,536.836 million at the end of the second quarter of the current consolidated fiscal year. Long-term borrowings decreased by ¥222.216 million」
Cash and cash equivalents increased to ¥3,536.836 million, while long-term borrowings also decreased by ¥222.216 million. Cash flow and borrowings improved from the end of the previous fiscal year. - FY2021Full-year debt repayments and cash decreaseAnnual report
「Interest-bearing debt stood at ¥2,204.574 million at the end of the consolidated fiscal year. Cash and cash equivalents stood at ¥2,605.711 million at the end of the consolidated fiscal year.」
Interest-bearing debt decreased to ¥2,204.574 million, while cash and cash equivalents decreased by ¥3,537.310 million year on year to ¥2,605.711 million. - FY2021-Q3Decrease in interest-bearing debt and cashAnnual report
「This was because cash and deposits decreased by ¥4,321.272 million. Liabilities decreased by ¥497.540 million from the end of the previous consolidated fiscal year to ¥4,230.480 million. This was mainly because accrued corporate taxes and other liabilities decreased by ¥241.763 million and long-term borrowings decreased by ¥448.962 million, while accounts payable increased by ¥35.368 million, accrued expenses increased by ¥88.411 million and the provision for points increased by ¥40.852 million.」
Cash and deposits decreased by ¥4,321.272 million, while long-term borrowings decreased by ¥448.962 million. Significant changes occurred in both assets and liabilities. - FY2021-Q2WorsenedAnnual report
「Liabilities decreased by ¥261.527 million from the end of the previous consolidated fiscal year to ¥4,466.493 million. This was mainly because ... short-term borrowings increased by ¥600 million ... Cash and cash equivalents decreased by ¥763.243 million from the end of the previous consolidated fiscal year to ¥5,379.778 million.」
The company recorded ¥600 million in short-term borrowings, while cash and cash equivalents decreased by ¥763.243 million. Cash flow from operating activities was also an outflow of ¥905.612 million, indicating continued reliance on financing and liquidity. - FY2021-Q1WorsenedAnnual report
「Total overdraft facility limit ¥800.000 million. Drawn balance ¥600.000 million. Undrawn amount ¥200.000 million.」
The company drew ¥600.000 million of the ¥800.000 million overdraft facility, demonstrating reliance on borrowings to secure cash on hand. - FY2020WorsenedAnnual report
「Interest-bearing debt at the end of the fiscal year was ¥2,445.002 million. Cash and cash equivalents at the end of the fiscal year were ¥6,143.021 million.」
Interest-bearing debt, including long-term borrowings, was ¥2,445.002 million, up from ¥1,637.440 million at the end of the previous fiscal year. The company also stated its policy of financing capital investment and other needs through long-term borrowings. - FY2020-Q3Further increase in the balance of long-term borrowingsAnnual report
「Total liabilities at the end of the third quarter of the current fiscal year were ¥4,691.471 million, an increase of ¥1,226.917 million from the end of the previous fiscal year. This was mainly because accounts payable increased by ¥859.838 million, accrued expenses by ¥239.257 million, and long-term borrowings by ¥189.039 million.」
Long-term borrowings increased by ¥189.039 million from the end of the previous fiscal year, while total liabilities increased by ¥1,226.917 million. - FY2020-Q2Increase in Long-Term BorrowingsAnnual report
「Total liabilities at the end of the second quarter of the current fiscal year were ¥4,073.221 million, an increase of ¥608.667 million from the end of the previous fiscal year. This was mainly because accounts payable increased by ¥127.759 million, current portion of long-term borrowings by ¥47.506 million, accrued expenses by ¥69.342 million, and provision for points by ¥15.182 million, while long-term borrowings increased by ¥390.064 million and the provision for bonuses decreased by ¥49.468 million.」
Long-term borrowings increased by ¥390.064 million and the current portion of long-term borrowings by ¥47.506 million from the end of the previous fiscal year. - FY2020-Q1RestatedAnnual report
「Total overdraft facility limit ¥800.000 million. Drawn balance –. Undrawn amount ¥800.000 million.」
The ¥800.000 million overdraft facility limit was maintained, with no outstanding borrowings as of the end of the first quarter. - FY2019First statedAnnual report
「The company is exposed to the risk of fluctuations in interest payable on borrowings, but arranges financing while monitoring market interest rate trends. The responsible department prepares and updates cash management plans in a timely manner based on reports from each department, and manages liquidity risk by maintaining cash on hand and other measures.」
The company identifies the risk of fluctuations in interest payable on borrowings and liquidity risk from being unable to obtain funds when payments fall due, and describes management methods including updating cash management plans and maintaining cash on hand.