Large-Scale Capital Investment in Bathing Facilities and Increase in Borrowings
First written in FY2016. . Latest entry: FY2026.
14 other companies' latest entry also says "Other".
- FY2026Capital investment in hot-bath and food-processing facilitiesAnnual report
「Total capital investment and other expenditures during the consolidated fiscal year amounted to ¥92.176 million, including intangible fixed assets. In the hot-bath business, the company invested ¥58.584 million in well drilling, groundwater filtration and other equipment at Thermae-yu Shinjuku, and ¥13.334 million in renovating the relaxation area. In the food business, the company invested ¥11.518 million in establishing a new confectionery plant.」
Capital investment continued after the large-scale renovation, expanding beyond the well and groundwater filtration equipment and relaxation area at the Shinjuku facility to include the establishment of a new confectionery plant in the food business. - FY2025Continued annual capital investment and changes in investment focusAnnual report
「Total capital investment and other expenditures during the consolidated fiscal year amounted to ¥48.491 million, including construction in progress and intangible fixed assets. The principal investments were ¥14.980 million for drilling a well at Thermae-yu Shinjuku and ¥14.036 million for replacing the POS system.」
Capital investment contracted further after the large-scale renovation in the previous fiscal year, amounting to ¥48.491 million, focused mainly on well drilling and replacement of the POS system. - FY2024Completion of renovation investment and reduction in annual investmentAnnual report
「Total capital investment and other expenditures during the consolidated fiscal year amounted to ¥68.563 million, including construction in progress and intangible fixed assets. The principal investments were ¥20.887 million to renovate part of the rental property owned in Nishiazabu, Minato-ku, Tokyo, for conversion into a sauna and spa facility, and ¥38.208 million to renovate the esthetic area and coral bath at Thermae-yu Shinjuku.」
Capital investment, including the renovation investment in the Nishiazabu building, contracted from ¥1,308.013 million in the previous fiscal year to ¥68.563 million, and construction in progress was eliminated. - FY2024-Q3Decline in fixed assets and elimination of construction in progressAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year decreased by ¥133.599 million from the end of the previous consolidated fiscal year, to ¥5,975.052 million, mainly due to decreases in supplies and property, plant and equipment.」
Total assets decreased by ¥133.599 million, and property, plant and equipment also declined. On the balance sheet, construction in progress fell to zero from ¥215.538 million at the end of the previous consolidated fiscal year. - FY2024-Q2Reduction in Capital ExpenditureAnnual report
「Net cash used in investing activities was ¥74.954 million, compared with ¥736.371 million used in the same quarter of the previous year. This was mainly attributable to expenditures for the acquisition of property, plant and equipment and other items.」
Cash used in investing activities fell sharply, from ¥736.371 million in the same period of the previous year to ¥74.954 million, and the scale of capital investment contracted. - FY2023Recognition of renovation investment in the Nishiazabu buildingAnnual report
「Total capital investment and other expenditures during the consolidated fiscal year amounted to ¥1,308.013 million, including construction in progress and intangible fixed assets. The principal investment was ¥1,089.415 million to renovate part of the rental property owned in Nishiazabu, Minato-ku, Tokyo, for conversion into a sauna and spa facility.」
The company made ¥1,308.013 million in capital investment, mainly to convert the Nishiazabu building into a hot-bath facility. - FY2023-Q3Increase in construction in progressAnnual report
「Construction in progress ¥114.312 million ¥808.507 million」
Construction in progress increased from ¥114.312 million at the end of the previous consolidated fiscal year to ¥808.507 million, as reflected on the balance sheet and indicating progress in investment in fixed assets. - FY2023-Q2Capital investment in new hot-bath facilities and other projectsAnnual report
「Net cash used in investing activities was ¥736.371 million, compared with ¥13.771 million used in the same quarter of the previous year. This was mainly attributable to expenditures for the acquisition of property, plant and equipment and other items.」
Cash used in investing activities increased from ¥13.771 million in the same period of the previous year to ¥736.371 million, mainly due to the acquisition of property, plant and equipment. Investment in new hot-bath and glamping facilities and other projects is progressing. - FY2023-Q1Continued repayment of long-term borrowingsAnnual report
「Liabilities decreased ¥98.041 million from the end of the previous consolidated fiscal year to ¥1,419.035 million, mainly due to decreases in income taxes payable and long-term borrowings.」
Liabilities decreased by ¥98.041 million from the end of the previous fiscal year, confirming the continuation of repayments and liability reduction from the previous fiscal year. - FY2022Continued repayment of long-term borrowingsAnnual report
「Net cash provided by financing activities was ¥774.348 million, compared with ¥416.600 million provided in the previous consolidated fiscal year. This was mainly attributable to proceeds from the issuance of shares through a third-party allotment.」
While funds were raised through a third-party allotment, ¥113.400 million in long-term borrowings was also repaid, reducing the borrowings balance. - FY2022-Q2Continued repayment of long-term borrowingsAnnual report
「Cash used in financing activities was ¥56.7 million, compared with ¥243.3 million provided in the same quarter of the previous year. This was an outflow due to the repayment of long-term borrowings.」
Repayments of long-term borrowings have continued the downward trend in long-term borrowings and liabilities, following the increase in borrowings through the previous fiscal year. - FY2022-Q1Resumption of the decline in long-term borrowings and liabilitiesAnnual report
「Liabilities decreased ¥109.951 million from the end of the previous consolidated fiscal year to ¥1,585.781 million, mainly due to a decrease in long-term borrowings.」
Following the increase in borrowings under the special COVID-19 loan program in the previous fiscal year, liabilities declined in the first quarter of the current fiscal year due to a decrease in long-term borrowings. - FY2021Increase in borrowings under the special COVID-19 loan programAnnual report
「During the consolidated fiscal year, the company raised funds under the special COVID-19 loan program in anticipation of a prolonged impact from the COVID-19 pandemic.」
The company raised funds under the special loan program in preparation for a prolonged pandemic. Proceeds from long-term borrowings amounted to ¥530.000 million. - FY2021-Q3Increase in long-term borrowings and liabilitiesAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥266.417 million from the end of the previous consolidated fiscal year, to ¥5,453.497 million, mainly due to an increase in cash and deposits. Liabilities increased by ¥433.555 million, to ¥1,745.359 million, mainly due to an increase in long-term borrowings. Net assets decreased by ¥167.138 million, to ¥3,708.137 million, mainly due to a decrease in retained earnings.」
Unlike the decline in liabilities through the previous fiscal year, liabilities increased by ¥433.555 million, to ¥1,745.359 million, mainly due to an increase in long-term borrowings. - FY2021-Q2Increase in long-term borrowings and liabilitiesAnnual report
「Liabilities increased by ¥213.933 million from the end of the previous consolidated fiscal year, to ¥1,525.737 million, mainly due to an increase in long-term borrowings.」
Unlike the decline in liabilities resulting from repayments of borrowings that had continued through the previous fiscal year, liabilities increased by ¥213.933 million, to ¥1,525.737 million, due to an increase in long-term borrowings. - FY2021-Q1Increase in long-term borrowingsAnnual report
「Liabilities increased by ¥168.985 million from the end of the previous consolidated fiscal year, to ¥1,480.789 million, mainly due to an increase in long-term borrowings.」
Unlike the decline in liabilities resulting from repayments of borrowings that had continued through the previous fiscal year, liabilities increased by ¥168.985 million, mainly due to an increase in long-term borrowings. - FY2020Progress in repayments of borrowingsAnnual report
「Liabilities decreased by ¥65.483 million from the end of the previous consolidated fiscal year, to ¥1,311.803 million. This was mainly due to a decrease in long-term borrowings resulting from repayments of borrowings.」
Liabilities declined from the end of the previous fiscal year due to repayments of borrowings, and the reduction in the financial burden from repayments has continued. - FY2020-Q3Progress in repayments of borrowingsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥134.524 million from the end of the previous consolidated fiscal year, to ¥5,212.247 million, mainly due to an increase in cash and deposits. Liabilities decreased by ¥36.487 million, to ¥1,340.800 million, mainly due to a decrease in long-term borrowings.」
Liabilities decreased by ¥36.487 million from the end of the previous consolidated fiscal year, mainly due to a decrease in long-term borrowings, and repayments of borrowings have continued. - FY2020-Q2Progress in repayments of borrowingsAnnual report
「Liabilities decreased by ¥62.911 million from the end of the previous consolidated fiscal year, to ¥1,314.376 million, mainly due to a decrease in long-term borrowings.」
Liabilities decreased by ¥62.911 million from the end of the previous consolidated fiscal year due to repayments of long-term borrowings and other factors, leaving a liabilities balance of ¥1,314.376 million. - FY2019Progress in repayments of borrowingsAnnual report
「Liabilities decreased by ¥318.277 million from the end of the previous consolidated fiscal year, to ¥1,377.287 million. This was mainly due to a decrease in long-term borrowings.」
Liabilities decreased by ¥318.277 million due to repayments of long-term borrowings, leaving a liabilities balance of ¥1,377.287 million. - FY2019-Q3Progress in repayments of borrowingsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥40.121 million from the end of the previous consolidated fiscal year, to ¥5,260.753 million, mainly due to an increase in cash and deposits. Liabilities decreased by ¥142.386 million, to ¥1,553.179 million, mainly due to a decrease in long-term borrowings. Net assets increased by ¥182.507 million, to ¥3,707.573 million, mainly due to an increase in retained earnings.」
Liabilities decreased by ¥142.386 million from the end of the previous consolidated fiscal year, mainly due to a decrease in long-term borrowings, while net assets also continued to increase. - FY2019-Q2Progress in repayments of borrowingsAnnual report
「Total assets at the end of the second quarter of the current consolidated fiscal year decreased by ¥3.768 million from the end of the previous consolidated fiscal year, to ¥5,216.863 million, mainly due to a decrease in property, plant and equipment resulting from depreciation. Liabilities decreased by ¥123.186 million, to ¥1,572.379 million, mainly due to a decrease in long-term borrowings. Net assets increased by ¥119.417 million, to ¥3,644.483 million, mainly due to an increase in retained earnings.」
Liabilities decreased by ¥123.186 million from the end of the previous consolidated fiscal year, mainly due to a decrease in long-term borrowings, while repayments and the buildup of net assets have continued. - FY2019-Q1Progress in repayments of borrowingsAnnual report
「Liabilities decreased by ¥62.383 million from the end of the previous consolidated fiscal year, to ¥1,633.182 million, mainly due to a decrease in long-term borrowings.」
Liabilities decreased by ¥62.383 million from the end of the previous consolidated fiscal year, mainly due to a decrease in long-term borrowings, and repayments have continued. - FY2018Progress in repayments of borrowingsAnnual report
「Liabilities decreased by ¥639.109 million from the end of the previous consolidated fiscal year, to ¥1,695.565 million. This was mainly due to a decrease in long-term borrowings.」
Liabilities decreased by ¥639.109 million due to repayments of long-term borrowings, leaving a long-term borrowings balance of ¥1,224.632 million. - FY2018-Q3Continued decline in long-term borrowings and liabilitiesAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year decreased by ¥479.338 million from the end of the previous consolidated fiscal year, to ¥5,217.993 million, mainly due to a decrease in real estate held for sale. Liabilities decreased by ¥595.092 million, to ¥1,739.582 million, mainly due to a decrease in long-term borrowings.」
The decline in total assets and liabilities has continued, due to decreases in real estate held for sale and long-term borrowings. - FY2018-Q2Early repayment of borrowingsAnnual report
「Using the funds on hand obtained through the above measures ① and ②, the company plans to repay ¥406.350 million of the borrowings before maturity, thereby further strengthening its financial position through a reduction in interest-bearing debt and lower interest expenses.」
The company announced plans to make an early repayment of ¥406.350 million in borrowings on 31 October 2017, funded by proceeds from the sale of 日本レース shares and the Karuizawa residential land development. - FY2017-Q3Continued decline in borrowings and assetsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year decreased by ¥130.507 million from the end of the previous consolidated fiscal year, to ¥5,792.663 million, mainly due to a decrease in property, plant and equipment. Liabilities decreased by ¥137.710 million, to ¥2,447.616 million, mainly due to a decrease in long-term borrowings.」
Total assets and liabilities declined further from the end of the previous consolidated fiscal year, due to decreases in property, plant and equipment and long-term borrowings. - FY2017-Q2Reduction in capital expendituresAnnual report
「Net cash used in investing activities was ¥15.201 million, compared with ¥767.288 million used in the same quarter of the previous year. This was mainly attributable to expenditures for the acquisition of property, plant and equipment.」
Cash used in investing activities fell sharply, from ¥767.288 million in the same quarter of the previous year to ¥15.201 million. Long-term borrowings also declined from the end of the previous consolidated fiscal year. - FY2016First statedAnnual report
「Total capital investment and other expenditures during the consolidated fiscal year amounted to ¥1,075.665 million. The principal investment was ¥1,058.393 million for construction of a hot-bath facility in Kabukicho, Shinjuku-ku, Tokyo, in the hot-bath business.」
The company made large-scale investments, mainly in the construction of hot-bath facilities, and long-term borrowings stood at ¥1,803.631 million at the end of the period.