Zero Net Interest-Bearing Debt
First written in FY2016. 20 of 35 entries say "Restated". Latest entry: 2026-08-07.
7 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「Borrowings 5,229 4,918」
Borrowings declined from ¥5,229 million at the end of March 2026 to ¥4,918 million. - FY2026AdvancedAnnual report
「At the end of the current consolidated fiscal year, cash and cash equivalents were ¥21,707 million, up 22.5% from the end of the previous consolidated fiscal year, while interest-bearing debt (borrowings) was ¥5,229 million, down 26.7%.」
Cash and cash equivalents were ¥21,707 million and interest-bearing debt was ¥5,229 million, resulting in net interest-bearing debt of negative ¥16,477 million. Progress toward achieving zero net debt advanced further. - FY2026-H1AdvancedAnnual report
「As of the end of the interim consolidated fiscal period, cash and cash equivalents were ¥16,373 million, down 7.6% from the end of the previous consolidated fiscal year, while interest-bearing debt (borrowings) was ¥2,046 million, down 71.3%. This was mainly because the company proceeded with reducing interest-bearing debt to improve capital efficiency.」
Interest-bearing debt was reduced to ¥2,046 million, and the difference from cash and cash equivalents of ¥16,373 million was ¥14,327 million. Net cash increased from ¥10,578 million at the end of the previous fiscal year. - FY2025AdvancedAnnual report
「Interest-bearing debt was ¥7,137 million, cash and cash equivalents were negative ¥17,715 million, and net interest-bearing debt was negative ¥10,578 million.」
Net interest-bearing debt declined from negative ¥10,348 million in the previous fiscal year to negative ¥10,578 million, expanding net cash. - FY2025-H1RestatedAnnual report
「As of the end of the interim consolidated fiscal period, cash and cash equivalents were ¥16,477 million, down 8.1% from the end of the previous consolidated fiscal year, while interest-bearing debt (borrowings) was ¥6,362 million, down 16.1%. This was mainly because the company proceeded with repayments of borrowings to improve capital efficiency.」
The company remains in a net cash position, with cash and cash equivalents exceeding interest-bearing debt, reconfirming that net debt has reached zero. - FY2024AdvancedAnnual report
「The balances of net interest-bearing debt and capital for the group are as follows: interest-bearing debt, ¥7,587 million; cash and cash equivalents, negative ¥17,935 million; net interest-bearing debt, negative ¥10,348 million.」
The company maintained zero net debt, while net cash increased from ¥5,200 million in the previous fiscal year to ¥10,348 million. - FY2024-Q3RestatedAnnual report
「As of the end of the third quarter of the current consolidated fiscal year, cash and cash equivalents were ¥15,537 million, down 7.4% from the end of the previous consolidated fiscal year, while interest-bearing debt (bonds and borrowings) was ¥8,600 million, down 25.7%.」
The company remains in a net cash position, with cash and cash equivalents exceeding interest-bearing debt, reconfirming that net debt has reached zero. - FY2024-Q2RestatedAnnual report
「As of the end of the second quarter of the current consolidated fiscal year, cash and cash equivalents were ¥16,763 million, unchanged from the end of the previous consolidated fiscal year, while interest-bearing debt (bonds and borrowings) was ¥8,001 million, down 30.8%. This was mainly because the company proceeded with repayments of borrowings as cash flow from operating activities increased.」
The company remains in a net cash position, with cash and cash equivalents exceeding interest-bearing debt by ¥8,762 million, while interest-bearing debt has also declined due to repayments of borrowings. - FY2024-Q1RestatedAnnual report
「As of the end of the first quarter of the current consolidated fiscal year, cash and cash equivalents were ¥14,416 million, down 14.0% from the end of the previous consolidated fiscal year, while interest-bearing debt (bonds and borrowings) was ¥8,110 million, down 29.9%.」
The company remains in a net cash position, with cash and cash equivalents exceeding interest-bearing debt, confirming that net debt has reached zero. - FY2023-Q3RestatedAnnual report
「As of the end of the third quarter of the current consolidated fiscal year, cash and cash equivalents were ¥16,787 million, down 10.9% from the end of the previous consolidated fiscal year, while interest-bearing debt (bonds and borrowings) was ¥12,414 million, down 10.2%.」
Cash and cash equivalents exceeded interest-bearing debt by ¥4,373 million, maintaining the achievement of zero net debt. - FY2023-Q2RestatedAnnual report
「As of the end of the second quarter of the current consolidated fiscal year, cash and cash equivalents were ¥16,211 million, down 13.9% from the end of the previous consolidated fiscal year, while interest-bearing debt (bonds and borrowings) was ¥11,887 million, down 14.1%.」
The company remains in a net cash position, with cash and cash equivalents exceeding interest-bearing debt, confirming that net debt has reached zero. - FY2023-Q1RestatedAnnual report
「As of the end of the first quarter, cash and cash equivalents were ¥15,715 million, down 16.6% from the end of the previous fiscal year, while interest-bearing debt, comprising bonds and borrowings, was ¥11,782 million, down 14.8%.」
The company remains in a net cash position, with cash and cash equivalents exceeding interest-bearing debt, confirming that net debt has reached zero. - FY2022AchievedAnnual report
「At the end of the fiscal year, cash and cash equivalents were ¥18,837 million, down 0.1% from the end of the previous fiscal year, while interest-bearing debt, comprising bonds and borrowings, was ¥13,830 million, down 30.8%.」
Cash and cash equivalents exceeded interest-bearing debt by ¥5,006 million, meaning the Company achieved its zero net interest-bearing debt target with net cash of ¥5,006 million. - FY2022-Q3AchievedAnnual report
「As of the end of the third quarter, cash and cash equivalents were ¥18,167 million, down 3.7% from the end of the previous fiscal year, while interest-bearing debt, comprising bonds and borrowings, was ¥15,823 million, down 20.9%. This was mainly because the Company proceeded with reducing interest-bearing debt to improve capital efficiency, as it received temporary income from the sale of equity instruments and other sources despite a decline in cash flow from operating activities from the same period of the previous year.」
Cash and cash equivalents exceeded interest-bearing debt by ¥2,344 million, returning the Company to a net cash position from an excess-debt position through the previous quarter. - FY2022-Q2MitigatedAnnual report
「As of the end of the second quarter, cash and cash equivalents were ¥16,999 million, while interest-bearing debt, comprising bonds and borrowings, was ¥17,413 million. The decrease in cash and cash equivalents during the six months ended September 30 was mainly due to a review of the appropriate level of on-hand liquidity and the repayment of borrowings.」
The difference between cash and interest-bearing debt narrowed to ¥414 million from ¥668 million at the end of the previous quarter. The Company proceeded with the repayment of borrowings but had not yet achieved zero net interest-bearing debt. - FY2022-Q1MitigatedAnnual report
「As of the end of the first quarter, cash and cash equivalents were ¥17,127 million, while interest-bearing debt, comprising bonds and borrowings, was ¥17,795 million. The decrease in cash and cash equivalents during the first quarter was mainly due to a review of the appropriate level of on-hand liquidity and the repayment of borrowings.」
The difference between cash and cash equivalents and interest-bearing debt narrowed to ¥668 million from ¥1,135 million at the end of the previous fiscal year. The Company reviewed the appropriate level of on-hand liquidity and proceeded with the repayment of borrowings. - FY2021MitigatedAnnual report
「At the end of the fiscal year, cash and cash equivalents were ¥18,863 million, up 30.2% year on year, while interest-bearing debt, comprising bonds and borrowings, was ¥19,999 million, down 6.9%.」
Higher cash and cash equivalents and lower interest-bearing debt reduced net interest-bearing debt from ¥6,981 million in the previous fiscal year to ¥1,135 million. However, the Company had not yet achieved zero net interest-bearing debt. - FY2021-Q3RestatedAnnual report
「As of the end of the third quarter, cash and cash equivalents were ¥18,007 million, while interest-bearing debt, comprising bonds and borrowings, was ¥21,544 million. During the nine months ended December 31, the Company raised funds through borrowings from financial institutions and increased on-hand liquidity in preparation for a prolonged impact from the spread of the novel coronavirus.」
Cash and cash equivalents were ¥18,007 million against interest-bearing debt of ¥21,544 million, meaning the Company had not yet achieved zero net interest-bearing debt. Meanwhile, cash increased and interest-bearing debt declined from the previous quarter. - FY2021-Q2RestatedAnnual report
「As of the end of the second quarter, cash and cash equivalents were ¥16,293 million, while interest-bearing debt, comprising bonds and borrowings, was ¥22,608 million. During the six months ended September 30, the Company raised funds through borrowings from financial institutions and increased on-hand liquidity in preparation for a prolonged impact from the spread of the infectious disease.」
While cash and cash equivalents continued to remain below interest-bearing debt, the Company increased on-hand liquidity through borrowings in preparation for a prolonged impact from the spread of the infectious disease. - FY2021-Q1RestatedAnnual report
「As of the end of the first quarter, cash and cash equivalents were ¥16,184 million, while interest-bearing debt, comprising bonds and borrowings, was ¥23,094 million. During the first quarter, the Company raised funds through borrowings from financial institutions and increased on-hand liquidity in preparation for a prolonged impact from the spread of the novel coronavirus.」
While cash and cash equivalents continued to remain below interest-bearing debt, the Company increased on-hand liquidity through borrowings in preparation for a prolonged impact from the spread of the infectious disease. - FY2020RestatedAnnual report
「At the end of the fiscal year, cash and cash equivalents were ¥14,493 million, down 17.3% year on year, while interest-bearing debt, comprising bonds and borrowings, was ¥21,474 million, up 106.4%. The decrease in cash and cash equivalents and increase in interest-bearing debt during the fiscal year were mainly due to funding the acquisition of all shares of Aimedic MMT and the refinancing of its existing borrowings with internal funds and new borrowings. The Group continues to maintain sufficient liquidity.」
Following an increase in borrowings related to the acquisition of Aimedic MMT and other matters, interest-bearing debt was ¥21,474 million against cash of ¥14,493 million, resulting in net interest-bearing debt of ¥6,981 million. The Company stated that it maintained sufficient liquidity. - FY2020-Q3RestatedAnnual report
「As of the end of the third quarter, cash and cash equivalents were ¥13,326 million, while interest-bearing debt, comprising bonds and borrowings, was ¥21,689 million. The Group continues to maintain sufficient liquidity.」
It reconfirmed that interest-bearing debt continued to exceed cash and cash equivalents at the end of the third quarter, while sufficient liquidity was maintained. - FY2020-Q2RestatedAnnual report
「As of the end of the second quarter, cash and cash equivalents were ¥17,358 million, while interest-bearing debt, comprising bonds and borrowings, was ¥26,020 million. The increase in interest-bearing debt during the six months ended September 30 was mainly due to ¥15,700 million in borrowings to fund the acquisition of all shares of Aimedic MMT and the refinancing of its existing borrowings. Cash and cash equivalents remained at approximately the same level as at the end of the previous fiscal year, and the Company maintained sufficient liquidity.」
Borrowings of ¥15,700 million for the acquisition of Aimedic MMT and related purposes left interest-bearing debt above cash and cash equivalents. The Company stated that it maintained sufficient liquidity. - FY2020-Q1WorsenedAnnual report
「As of the end of the first quarter, cash and cash equivalents were ¥17,899 million, while interest-bearing debt, comprising bonds and borrowings, was ¥26,117 million. The increase in interest-bearing debt during the first quarter was mainly due to ¥15,700 million in borrowings to fund the acquisition of all shares of Aimedic MMT and the refinancing of its existing borrowings.」
Following ¥15,700 million in borrowings for the acquisition of Aimedic MMT and related purposes, interest-bearing debt exceeded cash and cash equivalents at the end of the quarter, changing the Company from its previous net cash position. The Company stated that it maintained sufficient liquidity at the same time. - FY2019RestatedAnnual report
「At the end of the fiscal year, cash and cash equivalents were ¥17,530 million, while interest-bearing debt, comprising bonds and borrowings, was ¥10,404 million.」
The Company continued to maintain a net cash position, with cash and cash equivalents exceeding interest-bearing debt, confirming a state of zero net interest-bearing debt. - FY2019-Q3RestatedAnnual report
「As of the end of the third quarter, cash and cash equivalents were ¥19,293 million, while interest-bearing debt, comprising borrowings and bonds, was ¥11,906 million. The Group continues to maintain sufficient liquidity.」
It stated that cash and cash equivalents continued to exceed interest-bearing debt at the end of the third quarter and that sufficient liquidity was maintained. - FY2019-Q2RestatedAnnual report
「As of the end of the second quarter, cash and cash equivalents were ¥19,913 million, while interest-bearing debt, comprising borrowings and bonds, was ¥12,177 million. The Group continues to maintain sufficient liquidity.」
The Company remained in a net cash position at the end of the quarter, with cash and cash equivalents exceeding interest-bearing debt, and stated that it maintained sufficient liquidity. - FY2019-Q1RestatedAnnual report
「As of the end of the first quarter, cash and cash equivalents were ¥19,171 million, while interest-bearing debt, comprising borrowings and bonds, was ¥12,118 million. The Group continues to maintain sufficient liquidity.」
The Company remained in a net cash position at the end of the quarter, with cash and cash equivalents exceeding interest-bearing debt, confirming that it had achieved zero net interest-bearing debt and maintained sufficient liquidity. - FY2018AchievedAnnual report
「Since the fiscal year ended March 2015, the Group has maintained a net cash position in which cash and cash equivalents exceed interest-bearing debt. At the end of the fiscal year, cash and cash equivalents were ¥18,476 million, while interest-bearing debt, comprising borrowings and bonds, was ¥12,147 million.」
It indicates that the Company has maintained a net cash position, with cash and cash equivalents exceeding interest-bearing debt, since the fiscal year ended March 2015, and has reached a state of zero net interest-bearing debt. - FY2017RestatedAnnual report
「In addition, the Company will seek to achieve zero net interest-bearing debt, strengthen management of financial risks including foreign exchange and interest-rate risks, and reinforce its financial position.」
It reiterated the target of zero net interest-bearing debt and stronger management of financial risks including foreign exchange and interest-rate risks. - FY2017-Q3RestatedAnnual report
「In addition, the Company will seek to achieve zero net interest-bearing debt, strengthen management of financial risks including foreign exchange and interest-rate risks, and reinforce its financial position.」
It reiterated the target of zero net interest-bearing debt and stronger management of financial risks including foreign exchange and interest-rate risks. - FY2017-Q2RestatedAnnual report
「In addition, the Company will seek to achieve zero net interest-bearing debt, strengthen management of financial risks including foreign exchange and interest-rate risks, and reinforce its financial position.」
It reiterated the target of zero net interest-bearing debt and stronger management of financial risks including foreign exchange and interest-rate risks. - FY2016First statedAnnual report
「In addition, the Company will seek to achieve zero net interest-bearing debt, strengthen management of financial risks including foreign exchange and interest-rate risks, and reinforce its financial position.」
It set a target of zero net interest-bearing debt and also cited stronger financial risk management.