Dependence on interest-bearing debt and interest-rate fluctuations
First written in FY2023. 2 of 4 entries say "Worsened", first in FY2025. Latest entry: 2026-08-14.
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
83 other companies' latest entry also says "Mitigated".
- 2026-08-14MitigatedEarnings
「Fiscal year ending June 2026 1,998 354 17.8 139.84」
Due in part to the recognition of net income, net assets increased from ¥270 million to ¥354 million and the equity ratio rose from 13.5% to 17.8%. - FY2026-H1WorsenedAnnual report
「Total net assets decreased by ¥146.764 million from the end of the previous fiscal year to ¥123.250 million.」
Net assets decreased, primarily due to the recognition of an interim net loss of ¥161.021 million, and the equity ratio among the key indicators also declined from 13.5% to 6.7%. The Company reports results indicating a weakening financial base due to its dependence on interest-bearing debt. - FY2025WorsenedAnnual report
「Because the Company primarily obtains financing through borrowings from financial institutions and other sources, its interest-bearing debt ratio is high. Although it will work to restrain interest-bearing debt, a sharp change in interest rates caused by changes in financial conditions or other factors, or an inability to obtain financing as planned, could have a material impact on its business results and financial position.」
The Company explicitly states the impact of its dependence on interest-bearing debt and interest-rate fluctuation risk, as well as the impact of an inability to obtain financing as planned. - FY2023First statedAnnual report
「Because the Company primarily obtains financing through borrowings from financial institutions, its interest-bearing debt ratio is high. Although it will work to restrain interest-bearing debt, a sharp change in interest rates caused by changes in financial conditions or other factors could have a material impact on its business results and financial position.」
The Company has disclosed for the first time, as a separate risk, its dependence on borrowings from financial institutions, high interest-bearing debt levels, and the impact of interest-rate fluctuations on its business results and financial position.