Risk of Dependence on Interest-Bearing Debt
First written in FY2022. 8 of 12 entries say "Mitigated", first in FY2023. Latest entry: 2026-10-14.
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
83 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「Current portion of long-term borrowings 36,431 30,871 Fixed liabilities Long-term borrowings 25,885 13,349」
The combined balance of long-term borrowings and the current portion of long-term borrowings decreased from 62,316 thousand yen at the end of November 2025 to 44,220 thousand yen at the end of May 2026, reducing exposure to interest-bearing debt. - FY2025MitigatedAnnual report
「Long-term borrowings 62,077 25,885 Current portion of long-term borrowings 41,463 36,431 Total 103,540 62,316」
The combined balance of long-term borrowings and the current portion of long-term borrowings decreased from 103,540 thousand yen to 62,316 thousand yen, reducing exposure to interest-bearing debt. - FY2025-H1MitigatedAnnual report
「Current portion of long-term borrowings 41,463 37,527 Fixed liabilities Long-term borrowings 62,077 43,981」
Compared with the end of the previous consolidated fiscal year, the current portion of long-term borrowings decreased from 41,463 thousand yen to 37,527 thousand yen, and long-term borrowings decreased from 62,077 thousand yen to 43,981 thousand yen. The total balance decreased from 103,540 thousand yen to 81,508 thousand yen. - FY2024WorsenedAnnual report
「Long-term borrowings 54,279 62,077 Current portion of long-term borrowings 28,840 41,463 Total 83,119 103,540」
The combined balance of long-term borrowings and the current portion of long-term borrowings increased from 83,119 thousand yen to 103,540 thousand yen. The company also states that it borrowed 100,000 thousand yen in long-term borrowings during 2024. - FY2024-Q2WorsenedAnnual report
「This was mainly due to an increase of 27,108 thousand yen in cash and deposits resulting from new borrowings and the issuance of new shares. Fixed liabilities totaled 70,585 thousand yen, an increase of 16,306 thousand yen from the end of the previous consolidated fiscal year. This was due to a 16,306 thousand yen increase in long-term borrowings.」
Compared with the end of the previous consolidated fiscal year, long-term borrowings increased from 54,279 thousand yen to 70,585 thousand yen, and the current portion of long-term borrowings increased from 28,840 thousand yen to 35,808 thousand yen, expanding exposure to interest-bearing debt. - FY2024-Q1WorsenedAnnual report
「Current portion of long-term borrowings 28,840 43,333 Fixed liabilities Long-term borrowings 54,279 79,937」
Compared with the end of the previous consolidated fiscal year, the current portion of long-term borrowings increased from 28,840 thousand yen to 43,333 thousand yen, while long-term borrowings increased from 54,279 thousand yen to 79,937 thousand yen, expanding exposure to interest-bearing debt. - FY2023MitigatedAnnual report
「Long-term borrowings 211,289 83,119 Payments for repayment of long-term borrowings △54,181 △128,170」
The balance of long-term borrowings decreased from 211,289 thousand yen to 83,119 thousand yen, reducing exposure to interest-bearing debt. - FY2022First statedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt accounted for 29.0% of total assets. If negotiations with financial institutions and others stall in connection with financing for new borrowings or refinancing, making it difficult to raise funds, this could affect the Group's financial position and operating results.」
The company disclosed an interest-bearing debt dependence ratio of 29.0% and indicated the risks associated with financing for borrowings and refinancing.