¥3 Billion Reduction in Interest-Bearing Debt Over 3 Years
First written in FY2016. 16 of 39 entries say "Advanced", first in FY2017. Latest entry: 2026-10-22.
Ishizuka Glass moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
43 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Total liabilities also decreased by ¥4,382 million to ¥60,702 million. This was mainly due to decreases in interest-bearing debt and long-term accounts payable.」
While the company had targeted a reduction in interest-bearing debt, total liabilities at the end of the fiscal year decreased by ¥4,382 million from the end of the previous fiscal year, and interest-bearing debt also declined. - FY2026-H1WorsenedAnnual report
「The main factors affecting liabilities were increases in notes and accounts payable and interest-bearing debt, while other current liabilities (accounts payable) decreased.」
Although the company had targeted a reduction in interest-bearing debt, it states that interest-bearing debt increased as of the end of the interim period, indicating a deterioration in its financial position relative to the reduction target. - FY2025-Q1WorsenedAnnual report
「Total liabilities also increased by ¥2,547 million to ¥62,313 million. This was mainly due to increases in interest-bearing debt and notes and accounts payable.」
Although the company had targeted a reduction in interest-bearing debt, interest-bearing debt increased as of the end of the first quarter, and total liabilities also increased by ¥2,547 million. - FY2024WorsenedAnnual report
「Total liabilities increased by ¥1,977 million to ¥59,765 million. This was mainly because interest-bearing debt and notes and accounts payable increased, while deferred tax liabilities and liabilities related to retirement benefits decreased.」
Although the company had targeted a reduction in interest-bearing debt, interest-bearing debt increased at the end of the fiscal year, and total liabilities also increased by ¥1,977 million from the end of the previous fiscal year. - FY2024-Q3WorsenedAnnual report
「Short-term borrowings 4,166 6,243 Bonds due for redemption within 1 year 539 510 Bonds 8,078 7,600 Long-term borrowings 13,660 13,040」
Short-term borrowings increased from the end of the previous fiscal year, and even after taking into account the decreases in bonds and long-term borrowings, the total for the 4 listed interest-bearing debt items increased from ¥26,443 million to ¥27,393 million. The company’s financial position has deteriorated relative to its interest-bearing debt reduction target. - FY2024-Q2AdvancedAnnual report
「Short-term borrowings 4,166 2,355 Bonds due for redemption within 1 year 539 510 Bonds 8,078 7,839 Long-term borrowings 13,660 14,353」
From the end of the previous fiscal year to the end of the second quarter, the total for the 4 listed interest-bearing debt items decreased from ¥26,443 million to ¥25,057 million, indicating quantitative progress toward reducing interest-bearing debt. - FY2024-Q1WorsenedAnnual report
「Total assets at the end of the first quarter of the current fiscal year increased by ¥5,617 million from the end of the previous fiscal year to ¥92,154 million. Total liabilities also increased by ¥4,300 million to ¥62,088 million. This was mainly due to increases in working capital, including accounts receivable and accounts payable, cash and deposits, and interest-bearing debt.」
Although the company had targeted a reduction in interest-bearing debt, interest-bearing debt increased as of the end of the first quarter, and total liabilities also increased by ¥4,300 million. - FY2023-Q3WorsenedAnnual report
「Short-term borrowings 8,557 2,624 Bonds due for redemption within 1 year 647 535 Bonds 8,618 8,111 Long-term borrowings 2,821 11,055」
Although the company had targeted a reduction in interest-bearing debt, long-term borrowings increased from the end of the previous fiscal year, and the total for the 4 listed items increased from ¥20,643 million to ¥22,325 million. - FY2023-Q2WorsenedAnnual report
「Short-term borrowings 8,557 4,361 Bonds due for redemption within 1 year 647 535 Bonds 8,618 8,350 Long-term borrowings 2,821 8,155」
Although short-term borrowings decreased, long-term borrowings increased from ¥2,821 million to ¥8,155 million, and the total for the 4 listed interest-bearing debt items increased from ¥20,643 million at the end of the previous fiscal year to ¥21,401 million. The company’s financial position has deteriorated relative to its interest-bearing debt reduction target. - FY2023-Q1WorsenedAnnual report
「Short-term borrowings 8,557 5,353 Bonds due for redemption within 1 year 647 647 Bonds 8,618 8,379 Long-term borrowings 2,821 7,849」
Although the company had targeted a reduction in interest-bearing debt, long-term borrowings increased from ¥2,821 million to ¥7,849 million while short-term borrowings and other items declined, resulting in an increase in the total balance of interest-bearing debt across the listed items. - FY2022-Q3AdvancedAnnual report
「Total liabilities decreased by ¥613 million to ¥53,291 million. This was mainly because other liabilities (accounts payable) and interest-bearing debt decreased, while notes and accounts payable increased.」
While targeting a reduction in interest-bearing debt, interest-bearing debt decreased from the end of the previous fiscal year, and total liabilities also decreased by ¥613 million. - FY2022-Q2AdvancedAnnual report
「Total liabilities decreased by ¥1,703 million to ¥52,201 million. This was mainly because interest-bearing debt decreased, despite an increase in notes and accounts payable.」
While targeting a reduction in interest-bearing debt, total liabilities as of the end of the second quarter decreased by ¥1,703 million, and interest-bearing debt also declined. - FY2022-Q1AdvancedAnnual report
「Although working capital increased with the rise in sales, the company worked to reduce interest-bearing debt in order to strengthen its financial position.」
Regarding the target for reducing interest-bearing debt, the company explicitly states that it worked to reduce debt in order to strengthen its financial position. Total liabilities also decreased by ¥1,540 million from the end of the previous fiscal year. - FY2021WorsenedAnnual report
「Regarding liabilities, accounts payable related to the acquisition of property and equipment decreased significantly, while interest-bearing debt increased.」
Although the company had targeted a reduction in interest-bearing debt, the financial statements for the end of the fiscal year show an increase in interest-bearing debt. - FY2021-Q3WorsenedAnnual report
「Total liabilities increased by ¥1,282 million to ¥56,157 million. This was mainly because notes and accounts payable and interest-bearing debt increased, while other liabilities (accounts payable) decreased.」
Although the company had targeted a reduction in interest-bearing debt, interest-bearing debt increased from the end of the previous fiscal year, and total liabilities also increased by ¥1,282 million. - FY2021-Q2WorsenedAnnual report
「Total liabilities increased by ¥3,615 million to ¥58,490 million. This was mainly because notes and accounts payable and interest-bearing debt increased, while other liabilities (accounts payable) decreased.」
Although the company had targeted a reduction in interest-bearing debt, interest-bearing debt increased during the infectious disease pandemic, and total liabilities also increased by ¥3,615 million. - FY2021-Q1Increase in interest-bearing debt in response to the infectious diseaseAnnual report
「Total liabilities increased by ¥2,833 million to ¥57,708 million. This was mainly due to an increase in interest-bearing debt, while cash on hand was secured to enable the company to respond to the sharp changes in the business environment caused by the COVID-19 pandemic.」
Against the previous trend of reducing interest-bearing debt, the company increased interest-bearing debt and secured cash on hand in response to the sharp changes in the business environment caused by the infectious disease. - FY2020AdvancedAnnual report
「Regarding liabilities, interest-bearing debt decreased significantly, while long-term accounts payable related to the acquisition of property and equipment increased.」
While targeting a reduction in interest-bearing debt, the company itself describes interest-bearing debt for the fiscal year as having “decreased significantly.” - FY2020-Q3AdvancedAnnual report
「Total liabilities increased by ¥470 million to ¥54,072 million. This was mainly because other non-current liabilities (long-term accounts payable) increased, while interest-bearing debt decreased.」
While targeting a ¥3 billion reduction in interest-bearing debt over 3 years, the company states that interest-bearing debt also declined as of the end of the third quarter. - FY2020-Q2AdvancedAnnual report
「Total liabilities decreased by ¥1,715 million to ¥51,886 million. This was mainly because interest-bearing debt and other liabilities (accounts payable) decreased, while notes and accounts payable increased.」
While targeting a reduction in interest-bearing debt, total liabilities decreased by ¥1,715 million from the end of the previous fiscal year, and interest-bearing debt also declined. - FY2019AchievedAnnual report
「During the period, we were able to maintain an operating margin of 3% on a stable basis and reduce interest-bearing debt as planned.」
Regarding the reduction of interest-bearing debt set out in “Next Stage ISHIZUKA 84,” the company states that it was able to proceed as planned. - FY2019-Q3AdvancedAnnual report
「Short-term borrowings 14,358 6,671 Bonds due for redemption within 1 year 805 814 Bonds 3,554 6,623 Long-term borrowings 10,113 8,275」
Short-term and long-term borrowings declined from the end of the previous fiscal year, and the balance of interest-bearing debt decreased even including the increase in bonds. Quantitative progress toward the target of reducing debt by ¥3 billion over 3 years has continued. - FY2019-Q2AdvancedAnnual report
「Short-term borrowings 14,358 8,365 Bonds due for redemption within 1 year 805 855 Bonds 3,554 4,523 Long-term borrowings 10,113 8,825」
Short-term and long-term borrowings declined from the end of the previous fiscal year, and the balance of interest-bearing debt decreased even after taking into account the increase in bonds. Quantitative progress toward the target of reducing debt by ¥3 billion over 3 years has continued. - FY2019-Q1AdvancedAnnual report
「Short-term borrowings 14,358 10,150 Bonds due within one year 805 805 Bonds 3,554 4,913 Long-term borrowings 10,113 9,413」
From the end of the previous fiscal year to the end of the first quarter, short-term and long-term borrowings declined, resulting in an overall decrease in interest-bearing debt. This indicates quantitative progress toward the target of reducing debt by ¥3 billion over 3 years. - FY2018AdvancedAnnual report
「This was mainly due to decreases in interest-bearing debt, accounts payable and accrued expenses.」
While reducing interest-bearing debt is a stated planning priority, total liabilities declined ¥2,499 million from the end of the previous fiscal year, and interest-bearing debt also decreased. - FY2018-Q3RestatedAnnual report
「In the medium-term management plan (Fiscal Periods 82–84), with the current period as its second year, the Group is working under the concept of “Harnessing the Group’s Collective Strength” to secure operating profit steadily, reduce interest-bearing debt, and strengthen functions across the Group.」
The company reaffirms reducing interest-bearing debt as an ongoing issue in the second year of the medium-term management plan, but does not present a new reduction amount or results achieved. - FY2018-Q2RestatedAnnual report
「In the medium-term management plan (Fiscal Periods 82–84), with the current period as its second year, the Group is working under the concept of “Harnessing the Group’s Collective Strength” to secure operating profit steadily, reduce interest-bearing debt, and strengthen functions across the Group.」
The company reaffirms reducing interest-bearing debt as an ongoing issue in the second year of the medium-term management plan, but does not state a new reduction amount or that the target had been achieved. - FY2018-Q1RestatedAnnual report
「In the medium-term management plan (Fiscal Periods 82–84), with the current period as its second year, the Group is working under the concept of “Harnessing the Group’s Collective Strength” to secure operating profit steadily, reduce interest-bearing debt, and strengthen functions across the Group.」
The company reaffirms reducing interest-bearing debt as an ongoing issue under the medium-term management plan. - FY2017AdvancedAnnual report
「Total 31,367 29,926」
The period-end balance of interest-bearing debt and other items declined from ¥31,367 million at the beginning of the current fiscal year to ¥29,926 million at the end, indicating numerical progress toward the target of reducing debt by ¥3 billion over 3 years. - FY2017-Q3RestatedAnnual report
「Based on the concept of “bringing together the Group’s comprehensive capabilities,” this medium-term management plan focuses on securing stable operating profit, reducing interest-bearing debt, and strengthening functions across the Group.」
The company reiterates reducing interest-bearing debt as an initiative under the medium-term management plan, but does not present a new reduction amount or results achieved. - FY2017-Q2RestatedAnnual report
「Based on the concept of “bringing together the Group’s comprehensive capabilities,” this medium-term management plan focuses on securing stable operating profit, reducing interest-bearing debt, and strengthening functions across the Group.」
The company reiterates reducing interest-bearing debt as an initiative under the medium-term management plan, but does not present the reduction achieved during the quarter or a new reduction amount. - FY2017-Q1RestatedAnnual report
「We launched the medium-term management plan “Next Stage ISHIZUKA 84,” covering the 82nd to 84th fiscal years, with the current fiscal year as its first year. Based on the concept of “bringing together the Group’s comprehensive capabilities,” the plan focuses on securing stable operating profit, reducing interest-bearing debt, and strengthening functions across the Group.」
The company reiterates reducing interest-bearing debt as an initiative under the medium-term management plan, but does not present the reduction achieved during the quarter or a new numerical target. - FY2016First statedAnnual report
「We will reduce interest-bearing debt by approximately ¥1 billion annually, or ¥3 billion over 3 years.」
The company has set an annual guideline of approximately ¥1 billion and a cumulative target of ¥3 billion over 3 years.