Reduction of Interest-Bearing Debt
First written in FY2016. 18 of 37 entries say "Softened", first in FY2018-Q1. Latest entry: 2026-08-04.
Sumitomo Osaka Cement moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
2 other companies' latest entry also says "Softened".
- 2026-08-04SoftenedFinancial Results Presentation
「Interest-bearing debt 86.4 billion yen 88.1 billion yen 1.7 billion yen」
Interest-bearing debt increased by ¥1.7 billion from ¥86.4 billion at the end of March 2026 to ¥88.1 billion at the end of June 2026. - FY2026SoftenedAnnual report
「Interest-bearing debt was ¥86,422 million in the fiscal year ending March 2026.」
The balance of interest-bearing debt increased from ¥83,334 million in the previous fiscal year to ¥86,422 million, while the interest-bearing debt-to-net-assets ratio rose from 43.0% to 43.7%. - FY2026-H1AdvancedAnnual report
「Short-term borrowings 18,822 17,525 Commercial paper 5,000 2,000 Current portion of long-term borrowings 8,648 8,530 Current portion of bonds － 5,000 Bonds 25,000 25,000 Long-term borrowings 25,863 24,806」
Short-term borrowings, commercial paper and long-term borrowings declined from the end of the previous fiscal year, while ¥5,000 million in the current portion of bonds was recognized. Total interest-bearing debt declined slightly from approximately ¥83,334 million at the end of the previous fiscal year to approximately ¥82,861 million. - FY2025SoftenedAnnual report
「Interest-bearing debt was ¥83,334 million in the fiscal year ended March 2025.」
The balance of interest-bearing debt increased from ¥79,529 million in the previous fiscal year to ¥83,334 million, weakening the trend toward reduction. The interest-bearing debt-to-net-assets ratio also rose from 40.4% to 43.0%. - FY2025-H1SoftenedAnnual report
「Liabilities totaled ¥168,006 million, an increase of ¥8,497 million from the end of the previous consolidated fiscal year. The main changes were a ¥5,000 million increase in commercial paper and a ¥5,000 million increase in bonds.」
Liabilities increased by ¥8,497 million from the end of the previous consolidated fiscal year due to increases in commercial paper and bonds. The trend toward reducing interest-bearing debt weakened, with interest-bearing debt increasing from ¥79,529 million at the end of the previous fiscal year to approximately ¥86,315 million at the end of the interim period. - FY2024AdvancedAnnual report
「Interest-bearing debt was ¥79,529 million in the fiscal year ended March 2024.」
Interest-bearing debt declined by ¥20,190 million from ¥99,719 million in the previous fiscal year to ¥79,529 million, while the interest-bearing debt-to-net-assets ratio fell from 54.0% to 40.4%. - FY2024-Q3AdvancedAnnual report
「Liabilities totaled ¥166,129 million, a decrease of ¥5,837 million from the end of the previous consolidated fiscal year. The main changes were a ¥4,893 million decrease in short-term borrowings, a ¥5,000 million decrease in the current portion of bonds and a ¥2,776 million increase in long-term borrowings.」
Liabilities declined by ¥5,837 million from the end of the previous consolidated fiscal year, and short-term borrowings and the current portion of bonds also declined. Although this indicates further progress from the previous quarter in the results of interest-bearing debt reduction, long-term borrowings increased. - FY2024-Q2AdvancedAnnual report
「Liabilities totaled ¥167,815 million, a decrease of ¥4,151 million from the end of the previous consolidated fiscal year. The main change was a ¥6,196 million decrease in interest-bearing debt.」
Interest-bearing debt declined by ¥6,196 million from the end of the previous consolidated fiscal year, with continued improvement in the results of the debt-reduction policy from the previous quarter. - FY2024-Q1AdvancedAnnual report
「Liabilities totaled ¥166,473 million, a decrease of ¥5,492 million from the end of the previous consolidated fiscal year. The main changes were a ¥3,000 million decrease in commercial paper and a ¥1,261 million decrease in notes and accounts payable.」
Liabilities declined by ¥5,492 million from the end of the previous consolidated fiscal year, and commercial paper also declined by ¥3,000 million. The trend toward reducing interest-bearing debt has improved since the previous disclosure. - FY2023-Q3SoftenedAnnual report
「Liabilities totaled ¥164,681 million, an increase of ¥36,747 million from the end of the previous consolidated fiscal year. The main changes were an ¥11,155 million increase in short-term borrowings and an ¥11,616 million increase in long-term borrowings.」
Liabilities increased by ¥36,747 million from the end of the previous consolidated fiscal year due to increases in short-term and long-term borrowings, and weak performance against the interest-bearing debt-reduction policy has continued. - FY2023-Q2SoftenedAnnual report
「Liabilities totaled ¥163,635 million, an increase of ¥35,701 million from the end of the previous consolidated fiscal year. The main changes were a ¥9,789 million increase in short-term borrowings and a ¥9,561 million increase in long-term borrowings.」
Liabilities increased by ¥35,701 million due to increases in short-term and long-term borrowings, further weakening the results of the interest-bearing debt-reduction policy. - FY2023-Q1SoftenedAnnual report
「Liabilities totaled ¥144,921 million, an increase of ¥16,986 million from the end of the previous consolidated fiscal year. The main changes were a ¥5,000 million increase in commercial paper and a ¥10,000 million increase in bonds.」
Increases in commercial paper and bonds raised liabilities from the end of the previous fiscal year, further weakening the results of the interest-bearing debt-reduction policy. - FY2022SoftenedAnnual report
「Interest-bearing debt was ¥56,641 million in the fiscal year ended March 2022.」
The balance of interest-bearing debt increased from ¥51,405 million in the previous fiscal year to ¥56,641 million, while the interest-bearing debt-to-net-assets ratio rose from 25.0% to 27.9%. The results of the debt-reduction policy weakened. - FY2022-Q3SoftenedAnnual report
「Liabilities totaled ¥131,431 million, an increase of ¥7,608 million from the end of the previous consolidated fiscal year. The main changes were a ¥2,541 million increase in notes and accounts payable and a ¥5,000 million increase in commercial paper.」
Commercial paper of ¥5,000 million was recognized, increasing liabilities from the end of the previous consolidated fiscal year. The trend in the results of interest-bearing debt reduction weakened. - FY2022-Q2AdvancedAnnual report
「Liabilities totaled ¥117,678 million, a decrease of ¥6,145 million from the end of the previous consolidated fiscal year. The main changes were a ¥1,115 million decrease in income taxes payable and a ¥2,455 million decrease in long-term borrowings.」
Long-term borrowings declined by ¥2,455 million from the end of the previous consolidated fiscal year, and the balance of interest-bearing debt, including short-term borrowings and other debt, also declined approximately from ¥51,405 million to ¥48,190 million. - FY2022-Q1AdvancedAnnual report
「Short-term borrowings 19,417 19,252 Current portion of long-term borrowings 6,243 6,210 Bonds 10,000 10,000 Long-term borrowings 15,745 15,527」
From the end of March 2021 to the end of June 2021, short-term borrowings, the current portion of long-term borrowings and long-term borrowings declined. Total interest-bearing debt also declined from ¥51,405 million to ¥50,989 million. - FY2021AdvancedAnnual report
「During the five most recent consolidated fiscal years, the company steadily generated cash and cash equivalents (hereinafter, "funds") through cash flows from operating activities and used those funds for capital expenditures. Interest-bearing debt was reduced to ¥51,405 million in the fiscal year ended March 2021.」
The balance of interest-bearing debt declined from ¥52,608 million in the previous fiscal year to ¥51,405 million, while the interest-bearing debt-to-net-assets ratio fell from 26.5% to 25.0%. - FY2021-Q3SoftenedAnnual report
「Liabilities totaled ¥130,873 million, an increase of ¥8,464 million from the end of the previous consolidated fiscal year. The main changes were a ¥2,456 million increase in notes and accounts payable and a ¥3,000 million increase in commercial paper.」
Liabilities increased from the end of the previous consolidated fiscal year, and ¥3,000 million in commercial paper was also recognized. In terms of the results of the interest-bearing debt-reduction policy, the weak trend toward reduction has continued. - FY2021-Q2SoftenedAnnual report
「Liabilities totaled ¥124,052 million, an increase of ¥1,643 million from the end of the previous consolidated fiscal year. The main change was an increase of ¥2,018 million in long-term borrowings.」
Liabilities increased from the end of the previous consolidated fiscal year, and long-term borrowings also increased by ¥2,018 million. In terms of the results of the interest-bearing debt-reduction policy, the trend toward reduction remains weak. - FY2021-Q1SoftenedAnnual report
「Short-term borrowings 21,354 21,473 Commercial paper － 5,000 Current portion of long-term borrowings 5,470 5,375 Bonds 10,000 10,000 Long-term borrowings 15,783 15,507」
Commercial paper of ¥5,000 million was recognized from the end of the previous consolidated fiscal year, and short-term borrowings also increased. Interest-bearing debt increased approximately from ¥52,607 million to ¥57,355 million, weakening the trend toward debt reduction during the quarter. - FY2020AdvancedAnnual report
「Interest-bearing debt was reduced to ¥52,608 million in the fiscal year ended March 2020.」
The balance of interest-bearing debt declined from ¥61,063 million in the previous fiscal year to ¥52,608 million, while the interest-bearing debt-to-net-assets ratio fell from 31.5% to 26.5%. - FY2020-Q3AdvancedAnnual report
「Short-term borrowings 22,197 22,034 Current portion of long-term borrowings 10,252 6,101 Current portion of bonds 5,000 5,000 Bonds 5,000 10,000 Long-term borrowings 18,613 16,042」
Compared with the end of the previous consolidated fiscal year, short-term borrowings and long-term borrowings declined. Total interest-bearing debt fell from ¥61,062 million to ¥59,177 million, while the balance of bonds increased, indicating that repayments coexisted with an increase in the balance following bond issuance. - FY2020-Q2Continued repayments alongside bond issuanceAnnual report
「This was mainly due to ¥5,000 million in proceeds from the issuance of bonds, despite ¥3,473 million in repayments of long-term borrowings and ¥2,121 million in dividend payments, among other factors.」
While continuing to repay long-term borrowings, the company issued ¥5,000 million in bonds. Total interest-bearing debt increased from the end of the previous consolidated fiscal year, with the results of the debt-reduction policy coexisting with additional financing. - FY2020-Q1SoftenedAnnual report
「Liabilities totaled ¥134,901 million, an increase of ¥4,284 million from the end of the previous consolidated fiscal year. The main change was an increase of ¥3,938 million in interest-bearing debt.」
Interest-bearing debt increased by ¥3,938 million from the end of the previous consolidated fiscal year, indicating continued weakness in the results of the debt-reduction policy. - FY2019-Q3SoftenedAnnual report
「Liabilities totaled ¥134,847 million, a decrease of ¥953 million from the end of the previous consolidated fiscal year. The main changes were a ¥2,585 million increase in interest-bearing debt, a ¥1,884 million decrease in income taxes payable and a ¥2,185 million decrease in deferred tax liabilities.」
Although total liabilities declined, interest-bearing debt increased by ¥2,585 million from the end of the previous consolidated fiscal year, indicating continued weakness in the results of the debt-reduction policy. - FY2019-Q2SoftenedAnnual report
「Liabilities totaled ¥136,225 million, an increase of ¥424 million from the end of the previous consolidated fiscal year. The main changes were a ¥1,284 million decrease in notes and accounts payable and a ¥2,926 million increase in interest-bearing debt.」
Interest-bearing debt increased by ¥2,926 million from the end of the previous consolidated fiscal year, continuing the weakening trend in debt reduction from the previous quarter. - FY2019-Q1SoftenedAnnual report
「Liabilities totaled ¥138,085 million, an increase of ¥2,284 million from the end of the previous consolidated fiscal year. The main change was an increase of ¥1,746 million in interest-bearing debt.」
Interest-bearing debt increased by ¥1,746 million at the end of the quarter, temporarily weakening the trend toward debt reduction from the end of the previous fiscal year. - FY2018-Q3AdvancedAnnual report
「Short-term borrowings 21,898 21,808 Current portion of long-term borrowings 7,352 7,203 Bonds 10,000 10,000 Long-term borrowings 24,966 22,808」
From the end of March 2017 to the end of December 2017, long-term borrowings and other debt declined. Total interest-bearing debt fell from ¥64,216 million to ¥61,819 million, indicating continued quantitative progress in debt reduction. - FY2018-Q2AdvancedAnnual report
「This was mainly due to ¥3,357 million in proceeds from long-term borrowings, despite ¥4,825 million in repayments of long-term borrowings, among other factors.」
The company continued repaying long-term borrowings, which declined from ¥24,966 million at the end of the previous fiscal year to ¥23,490 million. Total interest-bearing debt also declined from approximately ¥64.2 billion at the end of the previous fiscal year to approximately ¥62.8 billion. - FY2018-Q1SoftenedAnnual report
「Short-term borrowings 21,898 22,160 Current portion of long-term borrowings 7,352 7,374 Bonds 10,000 10,000 Long-term borrowings 24,966 25,060」
Compared with the end of the previous consolidated fiscal year, short-term borrowings, the current portion of long-term borrowings and long-term borrowings increased, while bonds were unchanged. The trend toward reducing interest-bearing debt paused during the quarter. - FY2017AdvancedAnnual report
「The balance of interest-bearing debt was ¥64,217 million in the fiscal year ended March 2017. In addition, during the five most recent consolidated fiscal years, the Group steadily generated cash and cash equivalents through cash flows from operating activities and used those funds for capital expenditures. The Group is reducing interest-bearing debt by selectively investing in capital expenditures, improving asset efficiency, streamlining operations and taking other measures.」
The balance of interest-bearing debt declined from ¥76,507 million in the previous fiscal year to ¥64,217 million, while the interest-bearing debt-to-net-assets ratio fell from 43.2% to 32.8%. - FY2017-Q3AdvancedAnnual report
「Short-term borrowings 25,987 23,027 Current portion of long-term borrowings 9,392 8,394 Current portion of bonds 10,000 － Bonds 5,000 10,000 Long-term borrowings 26,127 25,851」
Compared with the end of the previous consolidated fiscal year, short-term borrowings, the current portion of long-term borrowings and the current portion of bonds declined. Total interest-bearing debt also declined overall, indicating quantitative progress in debt reduction. - FY2017-Q2AdvancedAnnual report
「This was mainly due to ¥10,000 million in repayments of bonds and ¥4,811 million in repayments of long-term borrowings, partly offset by ¥5,000 million in proceeds from the issuance of bonds.」
The company repaid bonds and long-term borrowings, while short-term borrowings and current portions of long-term borrowings also declined from the end of the previous fiscal year. This indicates tangible progress in reducing interest-bearing debt. - FY2017-Q1AdvancedAnnual report
「Long-term borrowings 26,127 25,344」
Long-term borrowings declined from ¥26,127 million at the end of the previous fiscal year to ¥25,344 million at the end of the quarter, indicating quantitative progress in reducing interest-bearing debt. - FY2016First statedAnnual report
「The Group is reducing interest-bearing debt by selectively investing in capital expenditures, improving asset efficiency, streamlining operations and taking other measures. It will continue working to improve profitability and plans to continue reducing interest-bearing debt.」
The balance of interest-bearing debt declined from ¥116,209 million in the fiscal year ended March 2012 to ¥76,507 million in the fiscal year ended March 2016, while the debt-to-net-assets ratio fell from 88.2% to 43.2%.