Interest-Bearing Debt and Interest Rate Fluctuation Risk
First written in FY2017. 20 of 27 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2027-H1.
Denka moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 64 of 142 companies on the "Worse" side.
89 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Liabilities increased by ¥33.782 billion from the end of the previous consolidated fiscal year to ¥375.962 billion, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥33.782 billion from the end of the previous fiscal year, mainly due to an increase in interest-bearing debt, expanding financial liabilities exposure. - 2026-08-07WorsenedRevisions to earnings forecasts
「負債は、有利子負債の増加などにより前連結会計年度末に比べ197億48百万円増加の3,619億29百万円となりました。」
有利子負債の増加により負債が増加し、自己資本比率も45.6％から44.3％へ低下している。 - FY2026Increase in net interest-bearing debt and improvement in the D/E ratioAnnual report
「Net interest-bearing debt at the end of the current consolidated fiscal year increased by ¥5.766 billion from the end of the previous consolidated fiscal year to ¥186.444 billion. The equity ratio was 45.6% and the net debt-to-equity ratio was 0.60x, and we believe the Company continues to maintain a sound financial position.」
Net interest-bearing debt increased by ¥5.766 billion from the end of the previous fiscal year, while the net debt-to-equity ratio declined from 0.61x to 0.60x. - 2026-05-13WorsenedFinancial results presentation
「ネットDEレシオ 0.60倍 0.69倍」
ネットDEレシオは2025年度実績0.60倍から2026年度予想0.69倍へ上昇する見通しが示された。 - FY2025WorsenedAnnual report
「Net interest-bearing debt at the end of the current consolidated fiscal year increased by ¥41.695 billion from the end of the previous consolidated fiscal year to ¥180.677 billion. The equity ratio was 45.2% and the net debt-to-equity ratio was 0.61x,」
Net interest-bearing debt increased by ¥41.695 billion from the end of the previous fiscal year to ¥180.677 billion, while the equity ratio also declined to 45.2%. - FY2025-H1WorsenedAnnual report
「Liabilities increased by ¥18.015 billion from the end of the previous consolidated fiscal year to ¥317.345 billion, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥18.015 billion from the end of the previous fiscal year to ¥317.345 billion, mainly due to an increase in interest-bearing debt. - FY2024MitigatedAnnual report
「Net interest-bearing debt at the end of the current consolidated fiscal year decreased by ¥10.548 billion from the end of the previous consolidated fiscal year to ¥138.982 billion. The equity ratio was 49.9% and the net debt-to-equity ratio was 0.45x, and we believe the Company continues to maintain a sound financial position.」
Net interest-bearing debt decreased by ¥10.548 billion from the end of the previous fiscal year to ¥138.982 billion. The debt repayment period also declined from 19.0 years to 4.8 years. - FY2024-Q3WorsenedAnnual report
「Liabilities increased by ¥31.057 billion from the end of the previous consolidated fiscal year to ¥322.864 billion, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥31.057 billion from the end of the previous fiscal year due to an increase in interest-bearing debt, expanding financial liabilities exposure. - FY2024-Q2WorsenedAnnual report
「Liabilities increased by ¥18.763 billion from the end of the previous consolidated fiscal year to ¥310.570 billion, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥18.763 billion from the end of the previous fiscal year to ¥310.570 billion, mainly due to an increase in interest-bearing debt. - FY2024-Q1WorsenedAnnual report
「Liabilities increased by ¥12,032 million from the end of the previous consolidated fiscal year to ¥303,839 million, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥12,032 million year on year to ¥303,839 million, mainly due to an increase in interest-bearing debt. - FY2023WorsenedAnnual report
「Net interest-bearing debt at the end of the current consolidated fiscal year increased by ¥32,708 million from the end of the previous consolidated fiscal year to ¥149,530 million.」
Net interest-bearing debt increased by ¥32,708 million from the end of the previous fiscal year to ¥149,530 million. The debt repayment period also increased to 19.0 years. - FY2023-Q3WorsenedAnnual report
「Liabilities increased by ¥48,189 million from the end of the previous consolidated fiscal year to ¥313,741 million, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥48,189 million from the end of the previous consolidated fiscal year, mainly due to an increase in interest-bearing debt, indicating greater financial liability exposure. - FY2023-Q2WorsenedAnnual report
「Liabilities increased by ¥34,331 million from the end of the previous consolidated fiscal year to ¥299,883 million, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥34,331 million from the end of the previous consolidated fiscal year, mainly due to an increase in interest-bearing debt, indicating greater financial liability exposure. - FY2023-Q1WorsenedAnnual report
「Liabilities increased by ¥19,479 million from the end of the previous consolidated fiscal year to ¥285,032 million, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥19,479 million from the end of the previous consolidated fiscal year to ¥285,032 million, mainly due to an increase in interest-bearing debt. - FY2022-Q3Increase from the previous quarterAnnual report
「Short-term borrowings 41,867 44,233 Commercial paper 8,000 10,000 Current portion of long-term borrowings 10,003 12,470 Bonds 37,000 37,000 Long-term borrowings 41,319 32,017」
Major interest-bearing debt was approximately ¥135.7 billion at the end of the third quarter, up from approximately ¥131.5 billion at the end of the previous quarter. However, it remained below the approximately ¥138.2 billion at the end of the previous fiscal year. - FY2022-Q2MitigatedAnnual report
「Short-term borrowings 41,867 43,064 Commercial paper 8,000 - Current portion of long-term borrowings 10,003 7,003 Bonds 37,000 37,000 Long-term borrowings 41,319 44,443」
Major interest-bearing debt decreased from approximately ¥138.2 billion at the end of the previous consolidated fiscal year to approximately ¥131.5 billion at the end of the second quarter. - FY2022-Q1WorsenedAnnual report
「Liabilities increased by ¥5,754 million from the end of the previous consolidated fiscal year to ¥261,753 million, mainly due to an increase in interest-bearing debt.」
Total liabilities increased from ¥255,998 million at the end of the previous consolidated fiscal year to ¥261,753 million, mainly due to an increase in interest-bearing debt, indicating greater financial liability exposure. - FY2021WorsenedAnnual report
「Liabilities increased by ¥8,564 million from the end of the previous consolidated fiscal year to ¥255,998 million, mainly due to an increase in interest-bearing debt.」
Total liabilities increased by ¥8,564 million from the end of the previous fiscal year, mainly due to an increase in interest-bearing debt. Net interest-bearing debt also increased by ¥7,112 million year on year to ¥112,281 million. - FY2021-Q3Slight quarter-on-quarter decrease in interest-bearing debtAnnual report
「Short-term borrowings 43,586 Commercial paper 23,000 Current portion of long-term borrowings 10,005 Bonds 37,000 Long-term borrowings 26,420」
Total interest-bearing debt at the end of the third quarter was approximately ¥140.0 billion, slightly below the approximately ¥140.5 billion at the end of the previous second quarter. However, it remained high compared with approximately ¥112.1 billion at the end of the previous consolidated fiscal year. - FY2021-Q2WorsenedAnnual report
「Short-term borrowings 42,141 Commercial paper 25,000 Current portion of long-term borrowings 4,507 Bonds 37,000 Long-term borrowings 31,867」
Interest-bearing debt at the end of the second quarter totaled approximately ¥140.5 billion, comprising short-term borrowings, commercial paper, bonds, long-term borrowings, and other items, and increased from the end of the previous consolidated fiscal year. - FY2021-Q1WorsenedAnnual report
「Liabilities increased by ¥1,961 million from the end of the previous consolidated fiscal year to ¥249,395 million, mainly due to an increase in interest-bearing debt.」
Total liabilities increased from ¥247,434 million at the end of the previous consolidated fiscal year to ¥249,395 million, mainly due to an increase in interest-bearing debt, indicating greater financial liability exposure. - FY2020-Q3WorsenedAnnual report
「Short-term borrowings 44,823 Commercial paper 5,000 Current portion of long-term borrowings 10,014 Current portion of bonds 5,000 Bonds 37,000 Long-term borrowings 24,954」
Total interest-bearing debt at the end of the third quarter was approximately ¥126.791 billion, up from approximately ¥112.134 billion at the end of the previous consolidated fiscal year and approximately ¥123.291 billion at the end of the second quarter of the previous fiscal year. - FY2020-Q2WorsenedAnnual report
「Short-term borrowings 43,337 Commercial paper 18,000 Current portion of long-term borrowings 10,031 Current portion of bonds 5,000 Bonds 22,000 Long-term borrowings 24,954」
Interest-bearing debt on the balance sheet increased from approximately ¥112.1 billion at the end of the previous consolidated fiscal year to approximately ¥123.3 billion at the end of the second quarter, indicating greater liability exposure. - FY2020-Q1WorsenedAnnual report
「Liabilities increased by ¥92 million from the end of the previous consolidated fiscal year to ¥233,438 million, mainly due to an increase in interest-bearing debt.」
The company explains that total liabilities increased by ¥92 million from the end of the previous consolidated fiscal year, mainly due to an increase in interest-bearing debt. - FY2019MitigatedAnnual report
「Interest-bearing debt stood at ¥112,134 million at the end of the current consolidated fiscal year, with borrowings accounting for 23.2% of total assets. Although our group will work to reduce interest-bearing debt going forward, future interest rate fluctuations may adversely affect our group's business performance and financial condition.」
Interest-bearing debt stood at ¥112,134 million, with borrowings accounting for 23.2% of total assets, down from ¥113,748 million and 25.0% in FY2017. - FY2019-Q3WorsenedAnnual report
「Liabilities increased by ¥15,515 million from the end of the previous consolidated fiscal year to ¥246,534 million, mainly due to an increase in interest-bearing debt accompanying higher working capital.」
The increase in interest-bearing debt accompanying higher working capital was cited as a factor behind the increase in liabilities, indicating greater financial liability exposure. - FY2017First statedAnnual report
「Interest-bearing debt stood at ¥113,748 million at the end of the current consolidated fiscal year, with borrowings accounting for 25.0% of total assets. Although our group will work to reduce interest-bearing debt going forward, future interest rate fluctuations may adversely affect our group's business performance and financial condition.」
The company disclosed interest-bearing debt of ¥113,748 million and a borrowings-to-total-assets ratio of 25.0%, and described interest rate fluctuation risk and its policy of reducing debt.