Strengthening the Financial Foundation by Reducing Interest-Bearing Debt and Improving Funding Efficiency
First written in FY2019. 3 of 22 entries say "Advanced", first in FY2021-Q3. Latest entry: 2026-09-14.
The whole theme swung hardest in 2024: 3 of 13 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2027-H1Funding Through an Increase in Short-Term BorrowingsAnnual report
「Cash flows from financing activities during the interim consolidated accounting period amounted to an increase in funds of ¥8.265 million, compared with an increase of ¥590.074 million in the same period of the previous year. This was mainly attributable to an increase in funds of ¥70 million from higher short-term borrowings, offset by decreases in funds due to payments of ¥16.391 million for repayment of long-term borrowings and ¥45.343 million in dividends.」
While pursuing a policy of reducing interest-bearing debt and improving capital efficiency, the Company increased short-term borrowings by ¥70 million during the interim period. - FY2026Funding through a substantial increase in short-term borrowingsAnnual report
「This was mainly attributable to increases in funds of ¥500 million from higher short-term borrowings and ¥96.7 million in proceeds from long-term borrowings, offset by decreases in funds due to payments of ¥130.777 million for repayment of long-term borrowings and ¥45.221 million in dividends.」
While pursuing a policy of reducing interest-bearing debt, the Company increased short-term borrowings by ¥500 million and also raised ¥96.7 million through long-term borrowings. - FY2026-H1Funding through a substantial increase in short-term borrowingsAnnual report
「Cash flows from financing activities during the interim consolidated accounting period amounted to an increase in funds of ¥590.074 million, compared with a decrease of ¥99.206 million in the same period of the previous year. This was mainly attributable to increases in funds of ¥650 million from higher short-term borrowings and ¥96.7 million in proceeds from long-term borrowings, offset by decreases in funds due to payments of ¥111.39 million for repayment of long-term borrowings and ¥45.235 million in dividends.」
While pursuing a policy of reducing interest-bearing debt and improving capital efficiency, the Company expanded funding through a ¥650 million increase in short-term borrowings and ¥96.7 million in long-term borrowings. - FY2025-H1Short-term borrowings held steady while long-term borrowings increasedAnnual report
「As of the end of the interim consolidated accounting period, liabilities stood at ¥1,654.433 million, an increase of ¥183.552 million from the end of the previous consolidated fiscal year. This was mainly attributable to an increase of ¥122.349 million in long-term borrowings, including amounts due for repayment within one year, and an increase of ¥24.9 million in advance receipts for travel.」
While the balance of short-term borrowings was held at ¥850 million, long-term borrowings, including amounts due for repayment within one year, increased by ¥122.349 million. - FY2025-Q1Continued increase in short-term borrowingsAnnual report
「As of the end of the first quarter of the current consolidated fiscal year, liabilities stood at ¥1,595.568 million, an increase of ¥124.688 million from the end of the previous consolidated fiscal year. This was mainly attributable to increases of ¥39.684 million in accounts payable and ¥50 million in short-term borrowings, partly offset by a ¥11.023 million decrease in advance receipts for travel.」
While pursuing a policy of reducing interest-bearing debt and improving capital efficiency, short-term borrowings increased by ¥50 million in the first quarter as the Company continued to secure liquidity. - FY2024Increase in short-term borrowings and maintenance of borrowing capacityAnnual report
「Cash flows from financing activities during the consolidated fiscal year amounted to an increase in funds of ¥120.322 million, compared with an increase of ¥7.02 million in the previous consolidated fiscal year. This was mainly attributable to an increase in funds of ¥200 million from higher short-term borrowings, offset by decreases in funds due to payments of ¥43.758 million for repayment of long-term borrowings and ¥35.919 million in dividends.」
While pursuing a policy of reducing interest-bearing debt, the Company increased short-term borrowings by ¥200 million, bringing the balance at the end of the period to ¥850 million. Total borrowing capacity was maintained at ¥1,750 million. - FY2024-Q3Continued increase in short-term borrowingsAnnual report
「As of the end of the third quarter of the current consolidated fiscal year, liabilities stood at ¥1,537.475 million, an increase of ¥205.488 million from the end of the previous consolidated fiscal year. This was mainly attributable to increases of ¥250 million in short-term borrowings and ¥31.471 million in advance receipts for travel.」
While pursuing a policy of reducing interest-bearing debt and improving capital efficiency, short-term borrowings increased by ¥250 million to secure working capital and other funds. - FY2024-Q2Increase in short-term borrowings alongside repayment of long-term borrowingsAnnual report
「As of the end of the second quarter of the current consolidated fiscal year, liabilities stood at ¥1,559.473 million, an increase of ¥227.486 million from the end of the previous consolidated fiscal year. This was mainly attributable to increases of ¥300 million in short-term borrowings and ¥27.33 million in advance receipts for travel.」
While pursuing a policy of reducing interest-bearing debt and improving capital efficiency, short-term borrowings increased by ¥300 million to secure working capital and other funds. - FY2024-Q1Renewed increase in short-term borrowingsAnnual report
「As of the end of the first quarter of the current consolidated fiscal year, liabilities stood at ¥1,632.19 million, an increase of ¥300.203 million from the end of the previous consolidated fiscal year. This was mainly attributable to increases of ¥13.23 million in accounts payable, ¥350 million in short-term borrowings and ¥9.072 million in advance receipts for travel.」
While pursuing a policy of reducing interest-bearing debt and improving capital efficiency, short-term borrowings increased by ¥350 million as the Company continued to secure liquidity. - FY2023Increase in short-term borrowings alongside repayment of long-term borrowingsAnnual report
「This was mainly attributable to an increase in funds of ¥100 million from higher short-term borrowings, offset by a decrease in funds due to payments of ¥56.88 million for repayment of long-term borrowings and ¥36.099 million in dividends.」
While pursuing a policy of reducing interest-bearing debt and improving capital efficiency, the Company increased short-term borrowings by ¥100 million and repaid ¥56.88 million in long-term borrowings during the period. - FY2023-Q2AdvancedAnnual report
「Liabilities at the end of the second quarter increased by ¥606.599 million from the end of the previous consolidated fiscal year to ¥1,905.152 million. This was mainly due to increases of ¥350 million in short-term borrowings and ¥245.531 million in travel customer advances.」
While pursuing a policy of reducing interest-bearing debt, short-term borrowings increased by ¥350 million to secure working capital for travel, merchandise procurement and other purposes. - FY2023-Q1Increasing short-term borrowings to secure working capitalAnnual report
「Liabilities at the end of the first quarter increased by ¥488.215 million from the end of the previous consolidated fiscal year to ¥1,786.769 million. This was mainly due to increases of ¥133.01 million in accounts payable, ¥250 million in short-term borrowings, and ¥113.119 million in travel customer advances.」
Despite the policy of reducing interest-bearing debt and improving capital efficiency, short-term borrowings increased by ¥250 million to secure working capital. - FY2022Securing liquidity through an increase in short-term borrowingsAnnual report
「Total liabilities at the end of the consolidated fiscal year increased by ¥222.19 million from the end of the previous consolidated fiscal year to ¥1,298.553 million. This was mainly due to increases of ¥159.09 million in short-term borrowings, ¥35.568 million in accounts payable, and ¥30.246 million in accrued corporate taxes and other taxes payable.」
Despite the policy of reducing interest-bearing debt, short-term borrowings increased by ¥159.09 million at the end of the period, indicating that securing liquidity remained the priority. - FY2022-Q3Securing liquidity through a further increase in short-term borrowingsAnnual report
「Liabilities at the end of the third quarter increased by ¥379.112 million from the end of the previous consolidated fiscal year to ¥1,455.474 million. This was mainly due to increases of ¥64.236 million in accounts payable, ¥259.09 million in short-term borrowings, and ¥37.266 million in travel customer advances.」
Despite the policy of reducing interest-bearing debt, short-term borrowings increased by a further ¥259.09 million at the end of the quarter, indicating that the priority remained securing liquidity. - FY2022-Q2Securing liquidity through an increase in short-term borrowingsAnnual report
「Liabilities at the end of the second quarter increased by ¥237.074 million from the end of the previous consolidated fiscal year to ¥1,313.437 million. This was mainly due to a ¥222.73 million increase in short-term borrowings.」
Despite the policy of reducing interest-bearing debt, short-term borrowings increased by ¥222.73 million at the end of the quarter to secure liquidity. - FY2021AdvancedAnnual report
「Net cash used in financing activities during the consolidated fiscal year was ¥50.205 million. The main factors were ¥70 million in proceeds from long-term borrowings, offset by a ¥9.09 million net decrease in short-term borrowings and a ¥93.252 million outflow for repayment of long-term borrowings.」
While partially drawing on long-term borrowings, the company demonstrated a reduction in interest-bearing debt through a net decrease in short-term borrowings and repayment of long-term borrowings. - FY2021-Q3AdvancedAnnual report
「Liabilities at the end of the third quarter decreased by ¥101.054 million from the end of the previous consolidated fiscal year to ¥1,077.841 million. This was mainly due to decreases of ¥50 million in short-term borrowings, ¥123.018 million in travel customer advances, and ¥29.6 million in long-term borrowings, including current maturities, partly offset by an ¥85.772 million increase in accounts payable.」
Short-term borrowings decreased by ¥50 million and long-term borrowings and other debt decreased by ¥29.6 million, resulting in a ¥101.054 million decrease in total liabilities. - FY2021-Q2Securing liquidity through additional short-term borrowingAnnual report
「Net cash provided by financing activities during the cumulative second quarter was ¥32.141 million. The main factors were a ¥100 million increase in funds from the net increase in short-term borrowings, offset by a ¥50.632 million outflow for repayment of long-term borrowings and a ¥17.249 million dividend payment.」
Despite the policy of reducing interest-bearing debt, net short-term borrowings increased by ¥100 million to secure funds during the COVID-19 pandemic. - FY2021-Q1Securing liquidity through short-term borrowingAnnual report
「This was mainly due to a ¥250 million increase in short-term borrowings to raise the cash position, a ¥135.095 million decrease in travel customer advances, a ¥24.486 million decrease in long-term borrowings, including current maturities, and a ¥10.337 million decrease in accounts payable.」
Despite the policy of reducing interest-bearing debt, short-term borrowings increased by ¥250 million to secure liquidity amid the COVID-19 pandemic. - FY2019First statedAnnual report
「By reducing interest-bearing debt and improving capital efficiency within the group, we aim to improve profit margins while strengthening the financial base for new investment.」
The company explicitly identified the reduction of interest-bearing debt and improvement of capital efficiency within the group as financial strategies for improving profit margins and making new investments.