Improving ROA and reducing interest-bearing debt
First written in FY2016. 11 of 37 entries say "Restated". Latest entry: 2026-10-31.
No other company in this theme has enough history to compare yet.
- 2026-10-31SoftenedGovernance
「2026年度にPBR0.8倍以上を目標としていましたが、利益が伸び悩み、ROEが低水準であったことから、2026年度中の達成は厳しい見込みです。」
PBR目標について、2026年度中の達成が厳しい見込みであることを明示し、将来的に1倍を目指す姿勢へ時間軸を広げている。 - FY2026Total assets increased and interest-bearing debt decreasedAnnual report
「As of the end of the current consolidated fiscal year, total assets stood at ¥87.692 billion, up ¥10.409 billion from the previous consolidated fiscal year-end. … The Group's balance of interest-bearing debt as of the end of the current consolidated fiscal year was ¥13.343 billion.」
While total assets increased by ¥10.409 billion from the previous fiscal year-end, mainly due to an increase in investment securities and other items, the balance of interest-bearing debt decreased from ¥13.857 billion in the previous fiscal year to ¥13.343 billion. - FY2026-H1Increase in total assets and long-term borrowingsAnnual report
「As of the end of the interim consolidated accounting period, total assets stood at ¥80.206 billion, up ¥2.923 billion from the previous consolidated fiscal year-end. … The main reason for the increase in non-current liabilities was an increase in long-term borrowings.」
Total assets increased by ¥2.923 billion from the previous fiscal year-end, and non-current liabilities increased by ¥1.321 billion, mainly due to an increase in long-term borrowings. The changes did not progress in the same direction as the financial policies of reducing total assets and interest-bearing debt. - FY2025AdvancedAnnual report
「As of the end of the current consolidated fiscal year, total assets stood at ¥77.282 billion, down ¥4.712 billion from the previous consolidated fiscal year-end.」
Total assets decreased by ¥4.712 billion from the previous fiscal year-end, and total liabilities also decreased by ¥4.302 billion. Long-term borrowings decreased from ¥6.533 billion at the previous fiscal year-end to ¥6.441 billion, indicating changes consistent with the policies of reducing total assets and interest-bearing debt. - FY2025-H1AdvancedAnnual report
「As of the end of the interim consolidated accounting period, total assets stood at ¥77.154 billion, down ¥4.841 billion from the previous consolidated fiscal year-end. … The main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
Total assets decreased by ¥4.841 billion from the previous fiscal year-end, and non-current liabilities also decreased by ¥1.0 billion, mainly due to a decrease in long-term borrowings. The changes in the figures are consistent with the policies of reducing total assets and interest-bearing debt. - FY2024Increase in total assets; decrease in long-term borrowingsAnnual report
「As of the end of the current consolidated fiscal year, total assets stood at ¥81.995 billion, up ¥4.932 billion from the previous consolidated fiscal year-end. Non-current liabilities stood at ¥14.711 billion, up ¥773 million from the previous fiscal year-end. The main reason for the increase in non-current liabilities was an increase in deferred tax liabilities.」
While total assets increased, long-term borrowings decreased from ¥6.697 billion at the previous fiscal year-end to ¥6.533 billion. The main reason for the increase in non-current liabilities was deferred tax liabilities, and the disclosure does not indicate that total asset reduction and interest-bearing debt reduction progressed in the same direction. - FY2024-Q3Increase in total assets and long-term borrowingsAnnual report
「As of the end of the third quarter of the current fiscal year, total assets stood at ¥79.802 billion, up ¥2.739 billion from the previous fiscal year-end. The main reason for the increase in non-current liabilities was an increase in long-term borrowings.」
While the company has adopted total asset reduction and interest-bearing debt reduction as financial policies, total assets increased by ¥2.739 billion from the previous fiscal year-end, and non-current liabilities also increased, mainly due to an increase in long-term borrowings. - FY2024-Q2Increase in total assets; decrease in long-term borrowingsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets stood at ¥80.378 billion, up ¥3.315 billion from the previous fiscal year-end. The main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
While total assets increased by ¥3.315 billion from the previous fiscal year-end, non-current liabilities decreased due to a decrease in long-term borrowings. ROA improvement, total asset reduction, and interest-bearing debt reduction did not progress in the same direction. - FY2024-Q1Slight increase in total assets; decrease in long-term borrowingsAnnual report
「As of the end of the first quarter of the current fiscal year, total assets stood at ¥77.374 billion, up ¥311 million from the previous fiscal year-end. The main reason for the decrease in current assets was a decrease in notes and accounts receivable and contract assets, while the main reason for the increase in non-current assets was an increase in investment securities. The main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
Although trade receivables and other items decreased, total assets increased by ¥311 million from the previous fiscal year-end due to an increase in investment securities. Meanwhile, long-term borrowings decreased, so the changes related to the financial policies did not progress in the same direction. - FY2023Increase in total assets and long-term borrowingsAnnual report
「As of the end of the current consolidated fiscal year, total assets stood at ¥77.063 billion, up ¥2.059 billion from the previous consolidated fiscal year-end. Total liabilities stood at ¥39.404 billion, up ¥3.073 billion from the previous fiscal year-end. The main reason for the increase in non-current liabilities was an increase in long-term borrowings.」
While the company has adopted improving ROA, reducing total assets, and reducing interest-bearing debt as its financial policies, total assets increased and non-current liabilities also increased, mainly due to an increase in long-term borrowings. - FY2023-Q3Increase in total assets and long-term borrowingsAnnual report
「As of the end of the third quarter of the current fiscal year, total assets stood at ¥78.657 billion, up ¥3.653 billion from the previous fiscal year-end. The main reason for the increase in non-current liabilities was an increase in long-term borrowings.」
Total assets increased by ¥3.653 billion from the previous fiscal year-end, and non-current liabilities also increased by ¥709 million, mainly due to an increase in long-term borrowings. The changes did not progress in the same direction as the financial policies of reducing total assets and interest-bearing debt. - FY2023-Q2Increase in total assets and short-term borrowings; decrease in long-term borrowingsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets stood at ¥75.414 billion, up ¥411 million from the previous fiscal year-end. Current liabilities were ¥23.760 billion, up ¥871 million, while non-current liabilities were ¥13.097 billion, down ¥343 million. The main reason for the increase in current liabilities was an increase in electronically recorded obligations, while the main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
Total assets increased by ¥411 million from the previous fiscal year-end, and current liabilities increased, while non-current liabilities decreased, mainly due to a decrease in long-term borrowings. ROA improvement, total asset reduction, and interest-bearing debt reduction did not progress in the same direction. - FY2023-Q1Decrease in total assets and long-term borrowings; increase in short-term borrowingsAnnual report
「As of the end of the first quarter of the current fiscal year, total assets stood at ¥74.560 billion, down ¥442 million from the previous consolidated fiscal year-end. The main reasons for the decrease in current liabilities were decreases in long-term borrowings due within one year, income taxes payable, and provisions. The main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
While total assets and long-term borrowings decreased from the previous fiscal year-end, short-term borrowings on the balance sheet increased from ¥4.0 billion to ¥4.282 billion. Asset and liability reduction therefore did not progress in the same direction. - FY2022Slight increase in total assets; increase in long-term borrowingsAnnual report
「As of the end of the current consolidated fiscal year, total assets stood at ¥75.003 billion, up ¥178 million from the previous consolidated fiscal year-end. The main reason for the decrease in current liabilities was a decrease in long-term borrowings due within one year, while the main reason for the increase in non-current liabilities was an increase in long-term borrowings.」
The company continues to pursue its financial policies, but total assets increased slightly, and non-current liabilities increased by ¥2.798 billion from the previous fiscal year-end due to an increase in long-term borrowings. - FY2022-Q3Increase in total assets; decrease in long-term borrowingsAnnual report
「As of the end of the third quarter of the current fiscal year, total assets stood at ¥76.936 billion, up ¥2.111 billion from the previous fiscal year-end. Current liabilities were ¥27.802 billion, up ¥3.004 billion, while non-current liabilities were ¥9.487 billion, down ¥1.155 billion. The main reason for the increase in current liabilities was an increase in electronically recorded obligations, while the main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
The company continues to pursue its financial policies, but total assets increased by ¥2.111 billion from the previous fiscal year-end. Non-current liabilities decreased due to a decrease in long-term borrowings, while current liabilities increased, mainly due to an increase in electronically recorded obligations. - FY2022-Q2Increase in total assets and short-term borrowings; decrease in long-term borrowingsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets stood at ¥76.969 billion, up ¥2.143 billion from the previous fiscal year-end.」
Total assets increased by ¥2.143 billion from the previous fiscal year-end, with merchandise, finished goods, and property, plant and equipment increasing. Short-term borrowings increased while long-term borrowings decreased, so total asset reduction and interest-bearing debt reduction did not progress in the same direction. - FY2022-Q1AdvancedAnnual report
「As of the end of the first quarter of the current fiscal year, total assets stood at ¥70.588 billion, down ¥4.237 billion from the previous fiscal year-end. Non-current liabilities stood at ¥9.899 billion, down ¥743 million from the previous fiscal year-end. The main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
Total assets decreased by ¥4.237 billion from the previous fiscal year-end, and non-current liabilities also decreased, mainly due to a decrease in long-term borrowings. The changes in the figures are consistent with the policies of reducing total assets and interest-bearing debt. - FY2021Increase in total assets; increase in short-term borrowings; decrease in long-term borrowingsAnnual report
「As of the end of the current consolidated fiscal year, total assets stood at ¥74.825 billion, up ¥4.610 billion from the previous consolidated fiscal year-end. The main reason for the increase in current liabilities was an increase in short-term borrowings, while the main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
The company continues to pursue its financial policies, but total assets increased, short-term borrowings increased, and long-term borrowings decreased. - FY2021-Q3Continued increase in total assets and short-term borrowings; decrease in long-term borrowingsAnnual report
「As of the end of the third quarter of the current fiscal year, total assets stood at ¥75.539 billion, up ¥5.325 billion from the previous fiscal year-end. The main reason for the increase in current liabilities was an increase in short-term borrowings, while the main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
The company continues to pursue its financial policies, but total assets increased from the previous fiscal year-end, short-term borrowings increased, and long-term borrowings decreased. - FY2021-Q2Continued increase in total assets and short-term borrowings; decrease in long-term borrowingsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets stood at ¥72.726 billion, up ¥2.511 billion from the previous fiscal year-end. The main reason for the increase in current liabilities was an increase in short-term borrowings, while the main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
The company continues to pursue its financial policies, but total assets increased by ¥2.511 billion from the previous fiscal year-end, short-term borrowings increased, and long-term borrowings decreased. - FY2021-Q1Increase in total assets; increase in short-term borrowings; decrease in long-term borrowingsAnnual report
「As of the end of the first quarter of the current fiscal year, total assets stood at ¥72.803 billion, up ¥2.589 billion from the previous fiscal year-end. The main reason for the increase in current liabilities was an increase in short-term borrowings, while the main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
The company continues to pursue its financial policies, but total assets increased from the previous fiscal year-end, short-term borrowings increased, and long-term borrowings decreased. - FY2020-Q3Continued decrease in total assets and increase in long-term borrowingsAnnual report
「As of the end of the third quarter of the current fiscal year, total assets stood at ¥73.764 billion, down ¥2.176 billion from the previous fiscal year-end. Current liabilities were ¥22.202 billion, down ¥2.268 billion from the previous fiscal year-end, while non-current liabilities were ¥13.570 billion, up ¥940 million. The main reason for the decrease in current liabilities was a decrease in payment obligations, including electronically recorded obligations, associated with lower sales. The main reason for the increase in non-current liabilities was an increase in long-term borrowings.」
While total assets and current liabilities decreased from the previous fiscal year-end, non-current liabilities increased, mainly due to an increase in long-term borrowings. Performance against the financial policies of improving ROA and reducing interest-bearing debt remains mixed. - FY2020-Q2Decrease in total assets and liabilities; increase in long-term borrowingsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets stood at ¥70.841 billion, down ¥5.099 billion from the previous fiscal year-end. The main reason for the decrease in current assets was a decrease in trade receivables, including electronically recorded receivables, while the main reason for the decrease in non-current assets was a decrease in investment securities. This was mainly because cash inflow factors, including a net increase of ¥101 million in long-term borrowings, were less than cash outflow factors, including dividend payments of ¥198 million.」
While total assets decreased by ¥5.099 billion from the previous fiscal year-end, mainly due to a decrease in trade receivables and other items, long-term borrowings increased on a net basis during the first six months. Performance against the policies of improving ROA and reducing interest-bearing debt has therefore been mixed. - FY2020-Q1Decrease in total assets; increase in long-term borrowingsAnnual report
「As of the end of the first quarter of the current fiscal year, total assets stood at ¥73.396 billion, down ¥2.544 billion from the end of the previous consolidated fiscal year (hereinafter, the “previous fiscal year-end”). The main reason for the decrease in current liabilities was a decrease in payment obligations, including electronically recorded obligations, associated with lower sales. The main reason for the increase in non-current liabilities was an increase in long-term borrowings.」
While total assets decreased by ¥2.544 billion from the previous fiscal year-end, non-current liabilities increased, mainly due to an increase in long-term borrowings. The disclosure does not indicate that asset reduction and interest-bearing debt reduction progressed simultaneously. - FY2019RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues its financial policy of improving ROA, increasing the efficiency of funds and assets, and reducing interest-bearing debt. - FY2019-Q3RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues to pursue financial policies focused on improving ROA, increasing the efficiency of its funds and assets, and reducing interest-bearing debt. - FY2019-Q2RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues to pursue financial policies focused on improving ROA, increasing the efficiency of its funds and assets, and reducing interest-bearing debt. - FY2019-Q1RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues to pursue financial policies focused on improving ROA, increasing the efficiency of its funds and assets, and reducing interest-bearing debt. - FY2018RestatedAnnual report
「The Group seeks to reduce total assets through the accelerated collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, with the aim of improving ROA. It also seeks to improve the efficiency of funds and assets within the Group and reduce interest-bearing debt. These are its financial policies.」
The company continues to pursue financial policies focused on improving ROA, increasing the efficiency of its funds and assets, and reducing interest-bearing debt. Meanwhile, total assets and interest-bearing debt have increased from the end of the previous fiscal year. - FY2018-Q3RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues its financial policy of improving ROA, increasing the efficiency of funds and assets, and reducing interest-bearing debt. - FY2018-Q2RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues to pursue financial policies focused on improving ROA, increasing the efficiency of its funds and assets, and reducing interest-bearing debt. As of the end of the second quarter, total assets stood at ¥69.422 billion, up ¥5.864 billion from the end of the previous fiscal year. - FY2018-Q1RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues its financial policy of improving ROA, increasing the efficiency of funds and assets, and reducing interest-bearing debt. Meanwhile, total assets at the end of the first quarter increased by ¥2.427 billion from the end of the previous fiscal year. - FY2017RestatedAnnual report
「Our financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company continues its financial policy of improving ROA, increasing the efficiency of funds and assets, and reducing interest-bearing debt. - FY2017-Q3RestatedAnnual report
「At the end of the third quarter of the consolidated fiscal year, total assets were ¥62.580 billion, down ¥71 million from the end of the previous consolidated fiscal year, hereinafter referred to as the end of the previous fiscal year.」
Total assets decreased slightly from the end of the previous fiscal year, and the decrease in long-term borrowings was reported under non-current liabilities, but no change in the financial policy itself was indicated. - FY2017-Q2AdvancedAnnual report
「At the end of the second quarter of the consolidated fiscal year, total assets were ¥60.427 billion, down ¥2.224 billion from the end of the previous consolidated fiscal year. The main reason for the decrease in non-current liabilities was a decrease in long-term borrowings.」
Total assets and long-term borrowings decreased from the end of the previous fiscal year, showing numerical changes related to asset reduction and the reduction of interest-bearing debt. - FY2017-Q1RestatedAnnual report
「Our group’s financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
The company has reconfirmed its financial policy of improving ROA, increasing the efficiency of funds and assets, and reducing interest-bearing debt. - FY2016First statedAnnual report
「Our financial policy is to reduce total assets and improve ROA through measures including faster collection of trade receivables, optimization of product inventories, and an efficient capital investment strategy, while improving the efficiency of funds and assets across the group and reducing interest-bearing debt.」
This is the basic financial management policy covering working capital, capital investment, and the efficiency of funds and assets.