Financial Risks from Increased Borrowings and Interest Rate Trends
First written in FY2016. 7 of 36 entries say "Worsened", first in FY2024-Q2. Latest entry: 2026-08-06.
Paraca moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
83 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「At the end of the interim accounting period, total liabilities stood at ¥30,713 million, an increase of ¥2,185 million from the end of the previous fiscal year. This was mainly attributable to an increase of ¥1,637 million in borrowings.」
Liabilities increased by ¥1,637 million from the end of the previous fiscal year due to higher borrowings, while the equity ratio also declined from 42.2% to 40.5%. - 2026-05-13WorsenedEarnings
「At the end of the interim accounting period, total liabilities stood at ¥30,713 million, an increase of ¥2,185 million from the end of the previous fiscal year. This was mainly attributable to an increase of ¥1,637 million in borrowings.」
Liabilities increased due to higher borrowings, and the equity ratio declined from 42.2% to 40.5%. - FY2025WorsenedAnnual report
「Total long-term borrowings (¥ million) 17,173 18,339 18,951 21,886 24,215」
Total long-term borrowings increased from ¥21,886 million at the end of the previous fiscal year to ¥24,215 million, while the equity ratio declined from 43.5% to 42.2%. - FY2025-H1WorsenedAnnual report
「At the end of the interim accounting period, total liabilities stood at ¥27,501 million, an increase of ¥2,435 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥1,900 million).」
Liabilities increased by ¥2,435 million from the end of the previous fiscal year due to higher borrowings. The equity ratio also declined from 43.5% to 41.6%. - FY2024WorsenedAnnual report
「At the end of the fiscal year, total liabilities stood at ¥25,066 million, an increase of ¥3,348 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥2,935 million).」
Borrowings increased by ¥2,935 million, and total long-term borrowings rose from ¥18,951 million to ¥21,886 million. The equity ratio declined from 45.4% to 43.5%. - FY2024-Q2Accelerating increase in borrowingsAnnual report
「At the end of the second quarter, total liabilities stood at ¥24,137 million, an increase of ¥2,419 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥2,325 million).」
Borrowings increased by ¥2,325 million from the end of the previous fiscal year, exceeding the ¥953 million increase in the previous quarter. Total liabilities also increased by ¥2,419 million, while the equity ratio declined from 45.4% to 43.1%. - FY2024-Q1Borrowings continuing to increaseAnnual report
「At the end of the first quarter, total liabilities stood at ¥22,506 million, an increase of ¥789 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥953 million), partly offset by a decrease in corporate income taxes payable (¥323 million).」
Borrowings increased by ¥953 million from the end of the previous fiscal year, and total liabilities also increased by ¥789 million. The expansion of financial exposure due to higher borrowings continued. - FY2023Continued Increase in Long-Term BorrowingsAnnual report
「Total long-term borrowings (¥ million) 15,269 17,498 17,173 18,339 18,951」
Total long-term borrowings increased from ¥18,339 million at the end of the previous fiscal year to ¥18,951 million. The equity ratio was 45.4%. - FY2023-Q2Borrowings continuing to increaseAnnual report
「At the end of the second quarter, total liabilities stood at ¥21,523 million, an increase of ¥739 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥700 million).」
Borrowings increased by ¥700 million from the end of the previous fiscal year, and the resulting expansion in liabilities and financial exposure continued following the previous quarter. - FY2023-Q1Borrowings continuing to increaseAnnual report
「At the end of the first quarter, total liabilities stood at ¥21,512 million, an increase of ¥727 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥857 million), partly offset by a decrease in corporate income taxes payable (¥209 million).」
Borrowings increased by ¥857 million from the end of the previous fiscal year, and total liabilities also increased by ¥727 million. The expansion of financial exposure due to higher borrowings since the previous fiscal year was noted. - FY2022Resumption and continuation of the increase in long-term borrowingsAnnual report
「Total long-term borrowings (¥ million) 13,575 15,269 17,498 17,173 18,339」
Total long-term borrowings increased from ¥17,173 million at the end of the previous fiscal year to ¥18,339 million, and the expansion of financial exposure associated with investments in owned parking facilities was noted. - FY2022-Q3Borrowings continuing to increaseAnnual report
「At the end of the third quarter, total liabilities stood at ¥20,211 million, an increase of ¥431 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥866 million), partly offset by a decrease in corporate income taxes payable (¥199 million).」
Borrowings increased by ¥866 million from the end of the previous fiscal year, and financial exposure continued to expand due to higher borrowings. - FY2022-Q2Continued increase in borrowings, but narrower increaseAnnual report
「At the end of the second quarter, total liabilities stood at ¥19,834 million, an increase of ¥55 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥227 million).」
Borrowings increased by ¥227 million from the end of the previous fiscal year, continuing the increase seen in the previous quarter, although the increase narrowed from ¥708 million in the first quarter. - FY2022-Q1Shift to an increase in borrowingsAnnual report
「At the end of the first quarter, total liabilities stood at ¥20,331 million, an increase of ¥551 million from the end of the previous fiscal year. This was mainly due to an increase in short- and long-term borrowings (¥708 million), partly offset by a decrease in corporate income taxes payable (¥204 million).」
Following a decrease in borrowings in the previous full fiscal year, short- and long-term borrowings increased by ¥708 million at the end of the first quarter, and total liabilities also increased by ¥551 million. - FY2021Continued decrease in borrowingsAnnual report
「At the end of the fiscal year, total liabilities stood at ¥19,779 million, a decrease of ¥331 million from the end of the previous fiscal year. This was mainly due to a decrease in borrowings (¥528 million).」
The decrease in borrowings continued, and total liabilities decreased by ¥331 million from the end of the previous fiscal year. Total long-term borrowings declined from ¥17,498 million to ¥17,173 million, while the equity ratio increased from 43.4% to 44.7%. - FY2021-Q3Continued decrease in borrowingsAnnual report
「At the end of the third quarter, total liabilities stood at ¥19,995 million, a decrease of ¥115 million from the end of the previous fiscal year. This was mainly due to decreases in borrowings (¥26 million) and lease obligations (¥273 million).」
Borrowings decreased by ¥26 million from the end of the previous fiscal year, and total liabilities also decreased by ¥115 million. Long-term borrowings declined from ¥15,754 million to ¥15,700 million. - FY2021-Q2Decrease in borrowingsAnnual report
「At the end of the second quarter, total liabilities stood at ¥20,028 million, a decrease of ¥82 million from the end of the previous fiscal year. This was mainly due to a decrease in borrowings (¥265 million).」
Borrowings decreased by ¥265 million from the end of the previous fiscal year, and total liabilities also decreased by ¥82 million. Long-term borrowings declined from ¥15,754 million to ¥15,638 million. - FY2021-Q1Slight increase in long-term borrowingsAnnual report
「Long-term borrowings 15,754 15,843」
Long-term borrowings increased slightly from ¥15,754 million at the end of the previous fiscal year to ¥15,843 million. - FY2020Continued increase in long-term borrowings, ¥17,498 millionAnnual report
「Total long-term borrowings (¥ million) 15,269 17,498」
Total long-term borrowings increased from ¥15,269 million at the end of the previous fiscal year to ¥17,498 million. The policy of borrowing for terms of generally 20 years, with most funding at fixed interest rates, continues. - FY2020-Q3Accelerating increase in borrowingsAnnual report
「At the end of the third quarter, total liabilities stood at ¥20,321 million, an increase of ¥1,508 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥2,626 million), partly offset by a decrease in corporate income taxes payable (¥797 million).」
Borrowings increased by ¥2,626 million from the end of the previous fiscal year, and total liabilities also increased to ¥20,321 million. This indicates expanding financial exposure associated with higher borrowings alongside an increase in land holdings. - FY2020-Q2Borrowings continuing to increaseAnnual report
「At the end of the second quarter, total liabilities stood at ¥19,609 million, an increase of ¥795 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥1,338 million).」
Borrowings increased by ¥1,338 million from the end of the previous fiscal year, and higher borrowings continued to be a factor behind the increase in liabilities. - FY2020-Q1Borrowings continuing to increaseAnnual report
「At the end of the first quarter, total liabilities stood at ¥19,114 million, an increase of ¥301 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥897 million).」
Borrowings increased by ¥897 million from the end of the previous fiscal year, and the increase in liabilities due to higher borrowings continued. - FY2019Continued Increase in Long-Term BorrowingsAnnual report
「At the end of the fiscal year, total liabilities stood at ¥18,813 million, an increase of ¥1,351 million from the end of the previous fiscal year. This was mainly due to an increase in long-term borrowings under non-current liabilities (¥1,687 million).」
Long-term borrowings increased by ¥1,687 million from the end of the previous fiscal year, bringing total long-term borrowings to ¥15,269 million. The equity ratio increased from 43.0% to 44.6%. - FY2019-Q3Borrowings continuing to increaseAnnual report
「At the end of the third quarter, total liabilities stood at ¥18,872 million, an increase of ¥1,410 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥1,562 million) and other current liabilities (¥851 million), as well as decreases in bonds (¥210 million) and corporate income taxes payable (¥597 million).」
Borrowings increased by ¥1,562 million from the end of the previous fiscal year, and higher borrowings continued to be a factor behind the increase in liabilities. - FY2019-Q1Borrowings continuing to increaseAnnual report
「At the end of the first quarter, total liabilities stood at ¥17,634 million, an increase of ¥172 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥802 million).」
Borrowings increased by ¥802 million from the end of the previous fiscal year, and the increase in liabilities due to higher borrowings was noted following previous quarters and full-year periods. - FY2018Borrowings continuing to increaseAnnual report
「At the end of the fiscal year, total liabilities stood at ¥17,461 million, an increase of ¥1,529 million from the end of the previous fiscal year. This was mainly due to an increase in long-term borrowings under non-current liabilities (¥1,221 million).」
Long-term borrowings increased from ¥12,126 million at the end of the previous fiscal year to ¥13,575 million, indicating a continued increase in financial exposure associated with investments in owned parking facilities. - FY2018-Q3Borrowings continuing to increaseAnnual report
「At the end of the third quarter, total liabilities stood at ¥17,323 million, an increase of ¥1,390 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥1,412 million).」
Borrowings increased by ¥1,412 million from the end of the previous fiscal year, and the continued increase in borrowings throughout the quarters was noted. - FY2018-Q2Borrowings continuing to increaseAnnual report
「At the end of the second quarter, total liabilities stood at ¥16,879 million, an increase of ¥946 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥681 million).」
Borrowings increased by ¥681 million from the end of the previous fiscal year, and the increase in liabilities due to higher borrowings was noted following previous quarters. - FY2018-Q1Borrowings continuing to increaseAnnual report
「At the end of the first quarter, total liabilities stood at ¥16,851 million, an increase of ¥918 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings (¥746 million).」
Borrowings increased by ¥746 million from the end of the previous fiscal year, and the increase in liabilities due to higher borrowings was noted following previous quarters. - FY2017Borrowings continuing to increaseAnnual report
「At the end of the fiscal year, total liabilities stood at ¥15,932 million, an increase of ¥679 million from the end of the previous fiscal year. This was mainly due to an increase in long-term borrowings under non-current liabilities (¥594 million).」
The increase in long-term borrowings continued, with total long-term borrowings rising from ¥11,420 million at the end of the previous fiscal year to ¥12,126 million. Meanwhile, the equity ratio increased from 40.6% to 42.2%. - FY2017-Q3Borrowings continuing to increaseAnnual report
「At the end of the third quarter, total liabilities stood at ¥16,161 million, an increase of ¥907 million from the end of the previous fiscal year. This was mainly due to an increase in long-term borrowings (¥789 million).」
Long-term borrowings increased by ¥789 million from the end of the previous fiscal year, and the increase in borrowings was again noted following the first and second quarters. - FY2017-Q2Borrowings continuing to increaseAnnual report
「Total liabilities at the end of the second quarter amounted to ¥16,127 million, an increase of ¥874 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings of ¥768 million.」
Borrowings increased by ¥768 million from the end of the previous fiscal year, and the increase in borrowings was again noted following the first quarter. - FY2017-Q1Increase in Borrowings ConfirmedAnnual report
「Total liabilities at the end of the first quarter amounted to ¥15,720 million, an increase of ¥467 million from the end of the previous fiscal year. This was mainly due to an increase in borrowings of ¥639 million.」
The Company states that borrowings increased by ¥639 million from the end of the previous fiscal year. The Risk section says there were no material changes, so this item records the increase in financial exposure as a fact. - FY2016First statedAnnual report
「In principle, the Company finances borrowings from financial institutions with 20-year terms, and most of its funding is at fixed interest rates. However, rapid changes in financial conditions, including future interest rate trends, could affect its financial position and operating results.」
The Company finances land acquisitions for owned parking facilities through long-term borrowings, with a borrowing term of 20 years in principle, and identifies interest rate trends and changes in financial conditions as financial risks.