Repayment of Short-Term Borrowings and Improvement in Equity Ratio
First written in FY2016. 27 of 37 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-08-05.
Data Horizon moved to the "Worse" side of this theme in 2016, 7 years before the typical company in this theme (2023).
20 other companies' latest entry also says "Worsened".
- 2026-08-05WorsenedEarnings
「Net assets at the end of the first quarter decreased by ¥276 million from the end of the previous fiscal year to ¥199 million, mainly due to a quarterly net loss attributable to owners of the parent of ¥274 million. The equity ratio was 2.9%.」
Net assets declined from ¥476 million to ¥199 million, while the equity ratio fell from 6.2% to 2.9%. - FY2026Recovery in equity ratioAnnual report
「At the end of the consolidated fiscal year, net assets increased by ¥254 million from the end of the previous consolidated fiscal year to ¥476 million, mainly due to net income of ¥267 million attributable to owners of the parent. The equity ratio was 6.2%.」
Net income attributable to owners of the parent increased net assets from ¥221 million to ¥476 million, and the equity ratio also rose from 2.5% to 6.2%. However, the ratio remains low. - FY2026-H1WorsenedAnnual report
「At the end of the interim period, net assets decreased by ¥69 million from the end of the previous fiscal year to ¥151 million, mainly due to an interim net loss of ¥59 million attributable to owners of the parent. The equity ratio was 1.9%.」
Net assets declined by ¥69 million from the end of the previous fiscal year due to the interim net loss, and the equity ratio fell from 2.5% to 1.9%. - FY2025WorsenedAnnual report
「At the end of the consolidated fiscal year, net assets decreased by ¥2,994 million from the end of the previous consolidated fiscal year to ¥221 million, mainly due to a net loss of ¥2,964 million attributable to owners of the parent. The equity ratio was 2.5%.」
Net assets declined to ¥221 million and the equity ratio to 2.5% due to impairment losses and other factors, significantly weakening the financial base. - FY2025-H1WorsenedAnnual report
「At the end of the interim period, current liabilities increased by ¥1,202 million from the end of the previous fiscal year, mainly due to a ¥1.4 billion increase in short-term borrowings from financial institutions. Non-current liabilities increased by ¥553 million from the end of the previous fiscal year, mainly due to a ¥600 million increase in long-term borrowings from the parent company. In addition, the equity ratio was 32.6%.」
Liabilities increased due to increases of ¥1.4 billion in short-term borrowings and ¥600 million in long-term borrowings from the parent company, among other factors, and the equity ratio declined from 46.7% at the end of the previous fiscal year to 32.6%. - FY2024WorsenedAnnual report
「At the end of the consolidated fiscal year, net assets decreased by ¥809 million from the end of the previous consolidated fiscal year to ¥3,216 million, mainly due to a net loss of ¥807 million attributable to owners of the parent and the exercise of stock acquisition rights. The equity ratio was 46.7%.」
Net assets declined due to the net loss, and the equity ratio fell from 60.8% at the end of the previous consolidated fiscal year to 46.7%. - FY2024-Q3WorsenedAnnual report
「At the end of the third quarter, current liabilities increased by ¥2,948 million from the end of the previous fiscal year, mainly due to an increase of ¥2,250 million in short-term borrowings from financial institutions and a ¥620 million increase in current maturities of long-term borrowings following an increase in borrowings from the parent company. In addition, the equity ratio was 39.0%.」
Short-term borrowings from financial institutions and borrowings from the parent company increased, resulting in a ¥2,948 million increase in current liabilities from the end of the previous fiscal year and a decline in the equity ratio from 60.8% to 39.0%. - FY2024-Q2WorsenedAnnual report
「At the end of the second quarter, current liabilities increased by ¥1,177 million from the end of the previous fiscal year, mainly because short-term borrowings from financial institutions increased by ¥1.7 billion, while current maturities of long-term borrowings decreased by ¥490 million due to an extension of the borrowing period for long-term borrowings from the parent company. Non-current liabilities increased by ¥1,053 million from the end of the previous fiscal year, mainly because long-term borrowings from the parent company increased by ¥1.1 billion through new borrowings and an extension of the borrowing period. In addition, the equity ratio was 42.6%.」
Liabilities increased due to a ¥1.7 billion increase in short-term borrowings and a ¥1.1 billion increase in long-term borrowings from the parent company, among other factors, and the equity ratio declined from 60.8% at the end of the previous fiscal year to 42.6%. - FY2024-Q1WorsenedAnnual report
「At the end of the first quarter, current liabilities increased by ¥921 million from the end of the previous fiscal year, mainly due to an increase of ¥900 million in short-term borrowings from financial institutions. In addition, the equity ratio was 52.3%.」
Short-term borrowings from financial institutions increased by ¥900 million, and the equity ratio declined from 60.8% at the end of the previous fiscal year to 52.3%. - FY2023-Q3WorsenedAnnual report
「At the end of the third quarter, current liabilities increased by ¥2,432 million from the end of the previous fiscal year, mainly due to an increase of ¥1,450 million in short-term borrowings from financial institutions and ¥610 million in current maturities of long-term borrowings. Non-current liabilities increased by ¥442 million from the end of the previous fiscal year, mainly due to ¥440 million in long-term borrowings. In addition, the equity ratio was 50.0%.」
Liabilities increased due to short-term borrowings, current maturities of long-term borrowings, and long-term borrowings, and the equity ratio declined from 53.0% at the end of the previous consolidated fiscal year to 50.0%. - FY2023-Q2WorsenedAnnual report
「At the end of the second quarter, current liabilities increased by ¥1,250 million from the end of the previous fiscal year, mainly due to an increase of ¥1.1 billion in short-term borrowings from financial institutions. Non-current liabilities increased by ¥591 million from the end of the previous fiscal year, mainly due to ¥590 million in long-term borrowings. In addition, the equity ratio was 57.5%.」
Liabilities increased due to ¥1.1 billion in short-term borrowings and ¥590 million in long-term borrowings, among other factors, resulting in an equity ratio of 57.5%. - FY2023-Q1Improvement in the equity ratio through a private placementAnnual report
「In addition, the equity ratio was 67.9%.」
The company disclosed an equity ratio of 67.9%, supported by increases in share capital and capital surplus resulting from a private placement. - FY2022-Q3WorsenedAnnual report
「At the end of the third quarter, current liabilities increased by ¥1,573 million from the end of the previous fiscal year, mainly due to an increase of ¥1.7 billion in short-term borrowings from financial institutions, despite a decrease of ¥128 million from payment of corporate and consumption taxes payable included in Other. In addition, the equity ratio was 36.1%.」
It states that short-term borrowings from financial institutions increased by ¥1.7 billion and that the equity ratio declined from 66.8% at the end of the previous fiscal year to 36.1%. - FY2022-Q2WorsenedAnnual report
「At the end of the second quarter, current liabilities increased by ¥746 million from the end of the previous fiscal year, mainly due to an increase of ¥1 billion in short-term borrowings from financial institutions, despite a decrease of ¥233 million from payment of corporate and consumption taxes payable included in Other. In addition, the equity ratio was 48.8%.」
Short-term borrowings from financial institutions increased by ¥1 billion, and current liabilities increased by ¥746 million from the end of the previous fiscal year. The equity ratio declined to 48.8%. - FY2022-Q1WorsenedAnnual report
「At the end of the first quarter, current liabilities increased by ¥287 million from the end of the previous fiscal year, mainly due to an increase of ¥450 million in short-term borrowings from financial institutions, despite a decrease of ¥164 million from payment of corporate and consumption taxes payable included in Other. In addition, the equity ratio was 60.4%.」
Short-term borrowings from financial institutions increased by ¥450 million, and the equity ratio declined from 66.8% at the end of the previous consolidated fiscal year to 60.4%. - FY2021Recovery in equity ratioAnnual report
「In addition, the equity ratio was 66.8%.」
The equity ratio rose from 64.4% at the end of the previous consolidated fiscal year to 66.8%, recovering at the fiscal year-end from its decline during the quarter. - FY2021-Q3WorsenedAnnual report
「At the end of the third quarter, current liabilities increased by ¥709 million from the end of the previous fiscal year, mainly due to increases of ¥800 million in short-term borrowings and ¥52 million in accounts payable, despite a decrease of ¥128 million from payment of corporate and consumption taxes payable included in Other. In addition, the equity ratio deteriorated by 17.4 percentage points to 47.0% due to an increase in liabilities, including short-term borrowings.」
Short-term borrowings increased by ¥800 million, and the equity ratio declined by 17.4 percentage points from 64.4% at the end of the previous fiscal year to 47.0%. - FY2021-Q2WorsenedAnnual report
「At the end of the second quarter, current liabilities increased by ¥111 million from the end of the previous fiscal year, mainly due to an increase of ¥350 million in short-term borrowings from financial institutions, despite a decrease of ¥238 million from payment of corporate and consumption taxes payable included in Other. In addition, the equity ratio was 50.9%.」
Short-term borrowings from financial institutions increased by ¥350 million, and the equity ratio declined from 64.4% at the end of the previous fiscal year to 50.9%. - FY2021-Q1Quarterly recovery in the equity ratioAnnual report
「In addition, the equity ratio was 68.2%.」
The equity ratio rose from 64.4% at the end of the previous consolidated fiscal year to 68.2%. - FY2020WorsenedAnnual report
「In addition, the equity ratio was 64.4%.」
The equity ratio declined from 71.3% at the end of the previous consolidated fiscal year to 64.4%. - FY2020-Q3WorsenedAnnual report
「At the end of the third quarter, current liabilities increased by ¥452 million from the end of the previous fiscal year, mainly due to increases of ¥300 million in short-term borrowings, ¥73 million in accounts payable, and ¥64 million in corporate taxes payable. In addition, the equity ratio deteriorated by 13.8 percentage points to 57.5% due to increases in liabilities, including short-term borrowings.」
Due to increases in liabilities, including short-term borrowings, the equity ratio deteriorated by 13.8 percentage points from 71.3% at the end of the previous fiscal year to 57.5%. - FY2020-Q2WorsenedAnnual report
「At the end of the second quarter, current liabilities increased by ¥33 million from the end of the previous fiscal year, mainly due to increases of ¥100 million in short-term borrowings, ¥11 million in accounts payable, and ¥17 million in advances received from customers included in Other, despite decreases of ¥69 million from payment of corporate and consumption taxes payable and ¥18 million in deposits received. In addition, the equity ratio was 64.9%.」
Short-term borrowings increased by ¥100 million, and the equity ratio declined from 71.3% at the end of the previous fiscal year to 64.9%. - FY2019Recovery in equity ratioAnnual report
「In addition, the equity ratio was 71.3%.」
The equity ratio rose from 63.5% at the end of the previous consolidated fiscal year to 71.3%. - FY2019-Q3WorsenedAnnual report
「In addition, because liabilities including short-term borrowings increased, the equity ratio deteriorated by 10.8 percentage points to 52.7%.」
Due to an increase in liabilities including short-term borrowings, the equity ratio deteriorated from 63.5% at the end of the previous fiscal year by 10.8 percentage points to 52.7%. - FY2019-Q2WorsenedAnnual report
「In addition, because liabilities including short-term borrowings increased, the equity ratio deteriorated by 11.3 percentage points to 52.2%.」
Due to an increase in liabilities including short-term borrowings, the equity ratio deteriorated from 63.5% at the end of the previous fiscal year by 11.3 percentage points to 52.2%. - FY2019-Q1Quarterly recovery in the equity ratioAnnual report
「In addition, the equity ratio was 67.0%.」
Discloses an equity ratio of 67.0% at the end of the current first quarter. This was up from 63.5% at the end of the previous consolidated fiscal year. - FY2018WorsenedAnnual report
「In addition, the equity ratio was 63.2%.」
The equity ratio declined from 68.6% at the end of the previous consolidated fiscal year to 63.2%. - FY2018-Q3WorsenedAnnual report
「In addition, because liabilities including short-term borrowings increased, the equity ratio deteriorated by 24.4 percentage points to 44.2%.」
Due to an increase in liabilities including short-term borrowings, the equity ratio deteriorated from 68.6% at the end of the previous fiscal year by 24.4 percentage points to 44.2%. Short-term borrowings increased by ¥700 million. - FY2018-Q2WorsenedAnnual report
「In addition, because liabilities including short-term borrowings increased, the equity ratio deteriorated by 27.1 percentage points to 41.5%.」
Short-term borrowings increased by ¥400 million, and the equity ratio deteriorated from 68.6% at the end of the previous fiscal year by 27.1 percentage points to 41.5% as a result of financing seasonal working capital. - FY2018-Q1WorsenedAnnual report
「In addition, because liabilities including short-term borrowings increased, the equity ratio deteriorated by 10.3 percentage points to 58.3%.」
Due to an increase in liabilities including short-term borrowings, the equity ratio deteriorated from 68.6% at the end of the previous fiscal year by 10.3 percentage points to 58.3%. - FY2017Update of the equity ratio after consolidationAnnual report
「In addition, the equity ratio was 68.6%.」
Discloses an equity ratio of 68.6% at the end of the consolidated fiscal year. As the scope of consolidation differs from the previous year's non-consolidated results and quarterly disclosures, the report does not present a simple year-on-year comparison. - FY2017-Q3WorsenedAnnual report
「In addition, because short-term borrowings and liabilities including lease obligations included in Other increased, the equity ratio deteriorated by 21.9 percentage points to 55.7%.」
Due to an increase of ¥310 million in short-term borrowings and an increase in lease obligations, among other factors, the equity ratio deteriorated from 77.6% at the end of the previous fiscal year by 21.9 percentage points to 55.7%. - FY2017-Q2WorsenedAnnual report
「In addition, because short-term borrowings and liabilities including lease obligations included in Other increased, the equity ratio deteriorated by 15.9 percentage points to 61.7%.」
Because liabilities including short-term borrowings and lease obligations increased, and because of the quarterly net loss, the equity ratio deteriorated from 77.6% at the end of the previous fiscal year by 15.9 percentage points to 61.7%. - FY2017-Q1WorsenedAnnual report
「In addition, because liabilities including lease obligations included in Other increased, the equity ratio deteriorated by 8.5 percentage points to 69.1%.」
Because liabilities including lease obligations increased in connection with server equipment upgrades, and because of the quarterly net loss, the equity ratio deteriorated from 77.6% at the end of the previous fiscal year by 8.5 percentage points to 69.1%. - FY2016First statedAnnual report
「Current liabilities decreased by ¥374 million to ¥200 million, mainly because ¥250 million in short-term borrowings was repaid and accrued corporate taxes and accrued consumption taxes declined as a result of tax payments. The equity ratio improved by 17.4 percentage points to 77.6% as liabilities decreased.」
States that ¥250 million in short-term borrowings was repaid and that the equity ratio reached 77.6% as liabilities declined.