Reliance on Interest-Bearing Debt and Interest Rate and Liquidity Risks
First written in FY2018. 15 of 29 entries say "Worsened", first in FY2019-Q3. Latest entry: 2026-08-10.
Koryojyuhan moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2017: 3 of 11 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「At the end of the interim consolidated accounting period, non-current liabilities stood at ¥4,708,182 thousand, a decrease of ¥2,015,703 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥2,185,297 thousand decrease in long-term borrowings.」
Long-term borrowings declined by ¥2,185,297 thousand, while non-current liabilities also declined by ¥2,015,703 thousand from the end of the previous fiscal year. Interest-bearing debt and liquidity exposure declined overall. - FY2025WorsenedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥7,512,897 thousand. Cash and cash equivalents stood at ¥1,391,571 thousand.」
Interest-bearing debt increased from ¥7,246,024 thousand at the end of the previous fiscal year to ¥7,512,897 thousand. Interest expense also increased due to higher borrowings and rising interest rates. - FY2025-H1MitigatedAnnual report
「At the end of the interim consolidated accounting period, non-current liabilities stood at ¥4,897,524 thousand, a decrease of ¥1,142,278 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,253,981 thousand decrease in long-term borrowings.」
Long-term borrowings declined by ¥1,253,981 thousand, while non-current liabilities also declined by ¥1,142,278 thousand from the end of the previous fiscal year. Interest-bearing debt exposure declined from the end of the previous fiscal year, while cash and cash equivalents increased by ¥479,000 thousand. - FY2024WorsenedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥7,246,024 thousand. Cash and cash equivalents stood at ¥1,375,503 thousand.」
Interest-bearing debt increased from ¥6,021,211 thousand at the end of the previous fiscal year to ¥7,246,024 thousand. Although cash and cash equivalents stood at ¥1,375,503 thousand, borrowing, interest-rate and liquidity exposure continued to expand. - FY2024-Q2Decrease in short-term borrowings, increase in long-term borrowings and increase in cashAnnual report
「Current liabilities stood at ¥4,467,321 thousand, a decrease of ¥150,963 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥546,000 thousand decrease in short-term borrowings, despite increases of ¥133,324 thousand in deposits received and ¥101,715 thousand in current maturities of long-term borrowings. Non-current liabilities stood at ¥5,453,124 thousand, an increase of ¥584,652 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥530,773 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Short-term borrowings declined by ¥546,000 thousand, while current maturities of long-term borrowings and long-term borrowings increased, changing the composition of borrowings. Cash and cash equivalents increased by ¥741,902 thousand from the end of the previous fiscal year to ¥1,739,267 thousand. - FY2024-Q1Changes in borrowing composition and increase in cashAnnual report
「At the end of the first quarter of the consolidated fiscal year, current liabilities stood at ¥5,075,517 thousand, an increase of ¥457,232 thousand from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥270,040 thousand in current maturities of long-term borrowings and ¥148,000 thousand in short-term borrowings. Non-current liabilities stood at ¥4,687,192 thousand, a decrease of ¥181,280 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥191,066 thousand decrease in long-term borrowings.」
Short-term borrowings and current maturities of long-term borrowings increased, while long-term borrowings declined. Total borrowings increased by approximately ¥227 million from the end of the previous fiscal year, but cash and deposits also increased by ¥902,441 thousand. - FY2023WorsenedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥6,021,211 thousand. Cash and cash equivalents stood at ¥997,365 thousand.」
Interest-bearing debt increased from ¥4,369,937 thousand at the end of the previous fiscal year to ¥6,021,211 thousand. Interest-rate and liquidity exposure has expanded due to the increase in long-term borrowings. - FY2023-Q3WorsenedAnnual report
「Non-current liabilities stood at ¥4,724,507 thousand, an increase of ¥1,554,261 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,472,322 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Short-term borrowings declined by ¥1,032,000 thousand, while long-term borrowings increased by ¥1,472,322 thousand, expanding exposure to non-current liabilities and long-term borrowings. - FY2023-Q2WorsenedAnnual report
「Non-current liabilities stood at ¥4,948,017 thousand, an increase of ¥1,777,770 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,727,148 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Long-term borrowings increased by ¥1,727,148 thousand from the end of the previous fiscal year, while non-current liabilities increased by ¥1,777,770 thousand. Interest-bearing debt exposure continues to expand. - FY2023-Q1WorsenedAnnual report
「Non-current liabilities stood at ¥4,390,237 thousand, an increase of ¥1,219,991 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,207,574 thousand increase in long-term borrowings.」
Long-term borrowings increased by ¥1,207,574 thousand, and non-current liabilities also increased by ¥1,219,991 thousand from the end of the previous fiscal year. Interest-bearing debt exposure continues to expand. - FY2022WorsenedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥4,369,937 thousand. Cash and cash equivalents stood at ¥976,410 thousand.」
Interest-bearing debt increased from ¥3,246,143 thousand at the end of the previous fiscal year to ¥4,369,937 thousand, while cash and cash equivalents stood at ¥976,410 thousand. The disclosure indicated increased dependence on interest-bearing debt and greater liquidity exposure. - FY2022-Q3WorsenedAnnual report
「This was mainly due to a ¥320,600 thousand increase in short-term borrowings.」
Short-term borrowings increased by ¥320,600 thousand from the end of the previous consolidated fiscal year. Long-term borrowings also increased by ¥549,122 thousand due to the purchase of real estate for the company's own rental use and other factors, expanding borrowing exposure. - FY2022-Q2WorsenedAnnual report
「This was mainly due to increases of ¥466,600 thousand in short-term borrowings and ¥153,481 thousand in deposits received, despite a ¥128,300 thousand decrease in current maturities of long-term borrowings. This was mainly due to a ¥582,148 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Short-term borrowings increased by ¥466,600 thousand and long-term borrowings by ¥582,148 thousand, expanding combined short- and long-term borrowing exposure from the end of September FY2021. - FY2022-Q1WorsenedAnnual report
「This was mainly due to a ¥670,706 thousand increase in real estate under development for sale, despite a ¥97,780 thousand decrease in real estate for sale. This was mainly due to a ¥731,700 thousand increase in short-term borrowings, despite decreases of ¥53,498 thousand in accrued income taxes and ¥42,749 thousand in provision for bonuses. This was mainly due to a ¥161,574 thousand increase in long-term borrowings.」
Short-term borrowings increased by ¥731,700 thousand and long-term borrowings by ¥161,574 thousand from the end of the previous fiscal year, increasing borrowing exposure from the level at the end of September FY2021. - FY2021MitigatedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥3,246,143 thousand. Cash and cash equivalents stood at ¥1,222,438 thousand.」
Interest-bearing debt declined slightly from ¥3,277,426 thousand at the end of the previous fiscal year to ¥3,246,143 thousand, while cash and cash equivalents increased from ¥879,370 thousand to ¥1,222,438 thousand. - FY2021-Q3MitigatedAnnual report
「Current liabilities stood at ¥3,255,456 thousand, an increase of ¥810,629 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥931,900 thousand increase in short-term borrowings. Non-current liabilities stood at ¥2,592,273 thousand, a decrease of ¥754,153 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥756,078 thousand decrease in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Short-term borrowings increased by ¥931,900 thousand, while long-term borrowings declined by ¥756,078 thousand. Total borrowings declined slightly from the end of the previous fiscal year, and cash and deposits increased by ¥578,580 thousand, so overall interest-bearing debt and liquidity exposure continued to trend lower. - FY2021-Q2MitigatedAnnual report
「Non-current liabilities stood at ¥2,852,813 thousand, a decrease of ¥493,613 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥477,052 thousand decrease in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Long-term borrowings declined by ¥477,052 thousand from the end of the previous fiscal year, while non-current liabilities declined by ¥493,613 thousand. Cash and cash equivalents stood at ¥1,409,501 thousand, reducing borrowing and liquidity exposure. - FY2021-Q1MitigatedAnnual report
「This was mainly due to a ¥140,000 thousand increase in short-term borrowings, despite decreases of ¥84,000 thousand in current maturities of long-term borrowings and ¥80,165 thousand in accrued income taxes.」
Short-term borrowings increased by ¥140,000 thousand, while current maturities of long-term borrowings declined by ¥84,000 thousand and long-term borrowings declined by ¥371,726 thousand, resulting in a decline in total borrowings from the end of the previous fiscal year. - FY2020MitigatedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥3,277,426 thousand. Cash and cash equivalents stood at ¥879,370 thousand.」
Interest-bearing debt declined from ¥3,890,148 thousand at the end of the previous fiscal year to ¥3,277,426 thousand, while cash and cash equivalents stood at ¥879,370 thousand. Measures addressing floating-rate and liquidity risks through inventory turnover management are continuing. - FY2020-Q3WorsenedAnnual report
「Current liabilities stood at ¥3,551,663 thousand, an increase of ¥618,062 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥644,000 thousand increase in short-term borrowings. Non-current liabilities stood at ¥3,475,709 thousand, an increase of ¥125,259 thousand from the end of the previous consolidated fiscal year. This was mainly due to a ¥91,522 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Short-term borrowings increased by ¥644,000 thousand and long-term borrowings by ¥91,522 thousand from the end of the previous consolidated fiscal year, continuing the expansion of interest-bearing debt exposure. - FY2020-Q2WorsenedAnnual report
「This was mainly due to increases of ¥504,000 thousand in short-term borrowings and ¥29,293 thousand in accounts payable.」
Short-term borrowings increased by ¥504,000 thousand from the end of the previous consolidated fiscal year, while long-term borrowings under non-current liabilities also increased by ¥139,248 thousand due to the purchase of real estate for the company's own rental use and other factors. Payments for the acquisition of property, plant and equipment were ¥751,593 thousand. - FY2020-Q1WorsenedAnnual report
「This was mainly due to increases of ¥154,000 thousand in short-term borrowings and ¥100,600 thousand in current maturities of long-term borrowings.」
Short-term borrowings and current maturities of long-term borrowings increased from the end of the previous consolidated fiscal year. Total interest-bearing debt was approximately ¥4,063,522 thousand. - FY2019WorsenedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥3,890,148 thousand. Cash and cash equivalents stood at ¥621,975 thousand.」
Interest-bearing debt stood at ¥3,890,148 thousand, an increase from the total of short-term and long-term borrowings at the end of the previous fiscal year. The company disclosed interest-rate risk from floating-rate debt, liquidity risk at repayment and repayment periods of up to 12 years and 10 months. - FY2019-Q3WorsenedAnnual report
「This was mainly due to a ¥787,769 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Long-term borrowings increased by ¥787,769 thousand from the end of the previous consolidated fiscal year to ¥3,144,569 thousand. The company noted an increase in its interest-bearing debt exposure associated with the purchase of real estate for its own rental use and other factors. - FY2019-Q2RestatedAnnual report
「This was mainly due to a ¥995,346 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
Long-term borrowings increased due to the purchase of real estate for the company's own rental use and other factors. The company stated that there had been no material changes in business and other risks. - FY2019-Q1RestatedAnnual report
「This was mainly due to a ¥453,173 thousand increase in long-term borrowings resulting from the purchase of real estate for the company's own rental use and other factors.」
The company disclosed an increase in long-term borrowings associated with the purchase of real estate for its own rental use and other factors. It stated that there had been no material changes in business and other risks. - FY2018First statedAnnual report
「The interest-bearing debt ratio tends to rise due to the purchase of real estate for sale and capital investment in facilities such as solar power generation and electricity sales facilities.」
The company explained that it plans to sell properties within 6 months in principle, or within 1 year for projects involving large-scale housing development, while managing inventory turnover and inventory levels.