Reducing Dependence on Interest-Bearing Debt through Higher Profit
First written in FY2017. 15 of 23 entries say "Advanced", first in FY2018. Latest entry: FY2027-H1.
Tri Chemical Laboratories moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 2 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Cash provided by financing activities totaled ¥858.071 million, compared with ¥1,526.964 million used in the same period of the previous year. This was mainly because the ¥2,059.590 million net increase in long-term borrowings exceeded dividend payments of ¥1,135.992 million, among other factors.」
Although the company has a policy of reducing its reliance on interest-bearing debt, the net change in long-term borrowings was positive ¥2,059.59 million during the interim consolidated period, indicating progress in raising funds through borrowings. - 2026-05-29WorsenedEarnings
「Proceeds from long-term borrowings — 2,400,000」
The company received ¥2.4 billion from long-term borrowings in the first quarter, marking a change from the previous trend of reducing reliance on interest-bearing debt through debt reduction. - FY2026WorsenedAnnual report
「At the end of the consolidated fiscal year, non-current liabilities increased by ¥2,346.115 million from the end of the previous consolidated fiscal year to ¥3,520.829 million. This was mainly due to an increase in long-term borrowings, among other factors.」
Although the company’s policy is to reduce its reliance on interest-bearing debt, long-term borrowings increased to finance investments at the Minami-Alps Plant and elsewhere. - FY2026-H1AdvancedAnnual report
「Cash used in financing activities totaled ¥1,526.964 million, an increase of ¥319.606 million in cash used from the same period. This was mainly due to dividend payments of ¥1,136.297 million and ¥333.020 million in repayments of long-term borrowings, among other factors.」
The company allocated ¥333.020 million to the repayment of long-term borrowings and continues to reduce its borrowings. - FY2025AdvancedAnnual report
「Cash used in financing activities totaled ¥1,620.462 million, a decrease of ¥238.413 million in cash used from the same period. This was mainly due to dividend payments of ¥974.449 million and a ¥537.717 million net decrease in long-term borrowings, among other factors.」
The net change in long-term borrowings was negative ¥537.717 million, with the reduction in the long-term borrowing balance continuing. - FY2025-H1AdvancedAnnual report
「Cash used in financing activities totaled ¥1,207.358 million, a decrease of ¥227.723 million in cash used from the same period. This was mainly due to dividend payments of ¥974.021 million and a ¥180.677 million net decrease in long-term borrowings, among other factors.」
Although the company received ¥200 million from long-term borrowings, the net change in long-term borrowings was negative ¥180.677 million, indicating financial progress toward reducing borrowings. - FY2025-Q1Borrowings and repayments occurring concurrentlyAnnual report
「Proceeds from long-term borrowings — 200,000 Repayments of long-term borrowings △ 196,848 △ 189,487」
In the first quarter, the company received ¥200.000 million from long-term borrowings and repaid ¥189.487 million of long-term borrowings, resulting in a slight decrease in the balance of long-term borrowings from the end of the previous fiscal year. - FY2024AdvancedAnnual report
「Cash used in financing activities amounted to ¥1,858.875 million, an increase of ¥155.292 million in cash outflows from the same period. This was mainly attributable to ¥973.933 million in dividend payments and ¥785.442 million used to repay long-term borrowings, among other items.」
The company used ¥785.442 million to repay long-term borrowings, reducing the balance of long-term borrowings from ¥1,913.787 million at the end of the previous fiscal year to ¥1,212.920 million. - FY2024-Q3AdvancedAnnual report
「Cash used in financing activities amounted to ¥1,646.883 million, an increase of ¥195.646 million in cash outflows from the same period. This was mainly attributable to ¥973.562 million in dividend payments and ¥599.301 million used to repay long-term borrowings, among other items.」
The company used ¥599.301 million to repay long-term borrowings, reducing the balance of long-term borrowings from ¥1,913.787 million at the end of the previous fiscal year to ¥1,369.040 million. - FY2024-Q2AdvancedAnnual report
「Cash used in financing activities amounted to ¥1,435.082 million, an increase of ¥255.827 million in cash outflows from the same period. This was mainly attributable to ¥973.049 million in dividend payments and ¥413.160 million used to repay long-term borrowings, among other items.」
The company recorded ¥413.160 million in cash outflows for the repayment of long-term borrowings, reducing the balance of long-term borrowings from ¥1,913.787 million at the end of the previous consolidated fiscal year to ¥1,549.860 million. This indicates financial progress toward reducing dependence on interest-bearing debt. - FY2024-Q1AdvancedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, fixed liabilities stood at ¥2,300.977 million, down ¥262.850 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease in long-term borrowings and other factors.」
Non-current liabilities decreased by ¥262.850 million due to a decrease in long-term borrowings, indicating financial progress toward reducing dependence on interest-bearing debt. - FY2023AdvancedAnnual report
「Cash used in financing activities amounted to ¥1,703.583 million. This was mainly attributable to ¥961.417 million used to repay long-term borrowings and ¥649.628 million in dividend payments, among other items.」
The company used ¥961.417 million to repay long-term borrowings, reducing the balance of long-term borrowings from ¥2,699.229 million at the end of the previous fiscal year to ¥1,913.787 million. - FY2023-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, fixed liabilities stood at ¥2,722.574 million, down ¥780.518 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease in long-term borrowings and other factors.」
Non-current liabilities decreased by ¥780.518 million due to a decrease in long-term borrowings, indicating financial progress toward reducing dependence on interest-bearing debt. - FY2023-Q2AdvancedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, fixed liabilities stood at ¥2,915.325 million, down ¥587.766 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease in long-term borrowings and other factors.」
Non-current liabilities decreased by ¥587.766 million due to a decrease in long-term borrowings, indicating financial progress toward reducing dependence on interest-bearing debt. - FY2023-Q1AdvancedAnnual report
「The balance of non-current liabilities at the end of the first quarter of the consolidated fiscal year decreased by ¥354.973 million from the end of the previous consolidated fiscal year to ¥3,148.118 million. This was mainly due to a decrease in long-term borrowings, among other factors.」
Non-current liabilities decreased by ¥354.973 million due to a decrease in long-term borrowings, indicating financial progress toward reducing dependence on interest-bearing debt. - FY2022AdvancedAnnual report
「At the end of the consolidated fiscal year under review, current liabilities increased by ¥174.984 million from the end of the previous consolidated fiscal year to ¥3,465.445 million. The main factors included increases in accounts payable, the current portion of long-term borrowings and accrued income taxes, despite a decrease in short-term borrowings. Non-current liabilities decreased by ¥472.816 million from the end of the previous consolidated fiscal year to ¥3,503.092 million. The main factor was a decrease in long-term borrowings, among other items.」
The disclosure records decreases in both short-term and long-term borrowings, indicating financial progress toward reducing dependence on interest-bearing debt. - FY2022-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, current liabilities decreased by ¥83.261 million from the end of the previous consolidated fiscal year to ¥3,207.199 million. The main factors included an increase in accounts payable and the current portion of long-term borrowings, offset by a decrease in short-term borrowings, among other items.」
Short-term borrowings declined, reducing current liabilities by ¥83.261 million from the end of the previous consolidated fiscal year. This indicates financial progress related to the policy of reducing dependence on interest-bearing debt through higher profits and other measures. - FY2022-Q2AdvancedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, current liabilities decreased by ¥399.895 million from the end of the previous consolidated fiscal year to ¥2,890.564 million. The main factor was a decrease in short-term borrowings, among other items.」
Current liabilities declined by ¥399.895 million due to a decrease in short-term borrowings, indicating financial progress toward reducing dependence on interest-bearing debt. - FY2021WorsenedAnnual report
「As of the end of the consolidated fiscal year under review, interest-bearing debt represented 25.4% of the Group's total assets. The Group's policy is to increase profits and reduce dependence on interest-bearing debt by strengthening its sales operations, improving production efficiency and promoting company-wide rationalization measures.」
While dependence on interest-bearing debt rose from 23.7% in the previous fiscal year to 25.4%, the company continues its policy of reducing dependence through stronger sales operations, improved production efficiency and rationalization. - FY2020MitigatedAnnual report
「As of the end of the consolidated fiscal year under review, interest-bearing debt represented 23.7% of the Group's total assets. The Group's policy is to increase profits and reduce dependence on interest-bearing debt by strengthening its sales operations, improving production efficiency and promoting company-wide rationalization measures.」
Dependence on interest-bearing debt declined from 24.3% to 23.7%, and the company continues its policy of reducing dependence through stronger sales operations, improved production efficiency and rationalization. - FY2019RestatedAnnual report
「Our group intends to increase profit by strengthening its sales structure, improving production efficiency and advancing company-wide rationalization measures, thereby reducing its dependence on interest-bearing debt.」
The company continues its policy of increasing profits and reducing dependence on interest-bearing debt through stronger sales operations, improved production efficiency and company-wide rationalization. - FY2018AdvancedAnnual report
「As of the end of the fiscal year under review, interest-bearing debt represented 24.8% of the Company's total assets. The Group's policy is to increase profits and reduce dependence on interest-bearing debt by strengthening its sales operations, improving production efficiency and promoting company-wide rationalization measures.」
Dependence on interest-bearing debt declined from 29.4% to 24.8%, quantitatively demonstrating progress in the policy of reducing dependence through higher profits, stronger sales operations, improved production efficiency and rationalization. - FY2017First statedAnnual report
「Our group intends to increase profit by strengthening its sales structure, improving production efficiency and advancing company-wide rationalization measures, thereby reducing its dependence on interest-bearing debt.」
The disclosure describes a specific policy of increasing profit through stronger sales, more efficient production and rationalization in order to reduce dependence on interest-bearing debt.