Fiscal 2017 targets for the balance of borrowings and the D/E ratio
First written in FY2016. 6 of 23 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2024: 3 of 14 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Increase in borrowingsAnnual report
「Short-term borrowings 6,700 6,900 Long-term borrowings due within one year 10,500 16,800 Long-term borrowings excluding those due within one year 26,500 26,100 Total 43,700 49,800」
Total borrowings increased from ¥43.7 billion at the end of the previous fiscal year to ¥49.8 billion. Proceeds of ¥16,400 million from long-term borrowings were also recorded to meet funding needs for investment in a new plant and other projects. - FY2026-H1Increase in borrowingsAnnual report
「Short-term borrowings 17,200 25,000 Long-term borrowings 26,500 22,400」
Total short-term and long-term borrowings increased from ¥43,700 million at the end of the previous fiscal year to ¥47,400 million at the end of the current interim accounting period. The balance continued to exceed the previous borrowing target of ¥34 billion at FY2020-end. - FY2025-H1Increase in borrowingsAnnual report
「Short-term borrowings 5,800 7,200 Long-term borrowings 34,300 36,100」
Total short-term and long-term borrowings increased from ¥40.1 billion at the end of the previous fiscal year to ¥43.3 billion at the end of the current interim accounting period. The balance remained above the previous FY2020 year-end target of ¥34 billion. - FY2024Slight decrease in total borrowings; continued shift to longer maturitiesAnnual report
「While refinancing long-term borrowings, we are pursuing initiatives to secure stable funding and improve our financial soundness.」
The borrowing balance decreased slightly from ¥40.5 billion at the end of the previous fiscal year to ¥40.1 billion, while short-term borrowings decreased and long-term borrowings increased. Initiatives to extend the maturity profile of borrowings and improve financial soundness continued. - FY2024-Q3Extension of borrowing maturitiesAnnual report
「Short-term borrowings 16,000 6,700 Long-term borrowings 24,500 33,800」
Borrowings at the end of the third quarter totalled ¥40.5 billion, comprising ¥6.7 billion in short-term borrowings and ¥33.8 billion in long-term borrowings. While total borrowings were unchanged from ¥40.5 billion at the end of the previous fiscal year, the borrowing mix shifted as short-term borrowings decreased and long-term borrowings increased. - FY2024-Q2Changes in the borrowing mixAnnual report
「Short-term borrowings 16,000 11,500 Long-term borrowings 24,500 29,200」
Short-term borrowings decreased from ¥16 billion to ¥11.5 billion, while long-term borrowings increased from ¥24.5 billion to ¥29.2 billion. Total borrowings increased slightly from ¥40.5 billion at the end of the previous fiscal year to ¥40.7 billion, indicating a shift in the borrowing mix from short-term to long-term. - FY2024-Q1Increase in borrowingsAnnual report
「Short-term borrowings 16,000 17,500 Long-term borrowings 24,500 25,500」
Total short-term and long-term borrowings increased from ¥40.5 billion at the end of the previous fiscal year to ¥43 billion at the end of the first quarter. The balance remained above the previous FY2020 year-end target of ¥34 billion. - FY2022-Q2Slight increase in borrowingsAnnual report
「Short-term borrowings 3,500 10,200 Long-term borrowings 36,500 30,300」
Total short-term and long-term borrowings increased slightly from ¥40 billion at the end of the previous first quarter to ¥40.5 billion at the end of the second quarter. The balance remained above the previous FY2020 year-end target of ¥34 billion. - FY2022-Q1Slight decrease in borrowingsAnnual report
「Short-term borrowings 3,500 7,500 Long-term borrowings 36,500 32,500」
Total short-term and long-term borrowings decreased from ¥41,171 million at the end of the previous fiscal year to ¥40,000 million at the end of the first quarter. Although still above the previous FY2020 year-end target of ¥34 billion, this represented a slight decrease from the previous fiscal year-end. - FY2021Borrowings continuing to increaseAnnual report
「Liabilities at the end of the fiscal year stood at ¥48,035 million, an increase of ¥6,438 million from the end of the previous fiscal year. This was mainly attributable to an increase in borrowings, despite decreases in accounts payable and accounts payable for equipment.」
Total borrowings increased from ¥30,701 million at the end of the previous fiscal year to ¥41,171 million, indicating a further deviation from the existing target of ¥34 billion at FY2020-end. - FY2021-Q3Borrowings increase againAnnual report
「Liabilities at the end of the third quarter stood at ¥49,533 million, an increase of ¥7,936 million from the end of the previous fiscal year. This was mainly attributable to an increase in borrowings, despite decreases in accounts payable and accounts payable for equipment.」
Total borrowings increased from ¥29,600 million at the end of the previous fiscal year to ¥41,000 million at the end of the third quarter. Following the FY2020 year-end borrowing target of ¥34 billion, the figures indicated that borrowings had increased again. - FY2021-Q1Increase in borrowingsAnnual report
「Liabilities at the end of the first quarter stood at ¥52,619 million, an increase of ¥11,021 million from the end of the previous fiscal year. This was mainly attributable to an increase in borrowings, despite decreases in accounts payable for equipment and the provision for business withdrawal losses.」
Total borrowings increased from approximately ¥30.7 billion at the end of the previous fiscal year to ¥41.1 billion at the end of the first quarter, representing a numerical change away from the FY2020 year-end borrowing target of ¥34 billion. - FY2020AdvancedAnnual report
「Liabilities at the end of the fiscal year stood at ¥41,597 million, a decrease of ¥5,026 million from the end of the previous fiscal year. This was mainly attributable to decreases in borrowings and the provision for business withdrawal losses.」
Total borrowings decreased to ¥30.701 billion at year-end, indicating numerical progress toward the FY2020 year-end borrowing target of ¥34 billion. - FY2020-Q2AdvancedAnnual report
「Liabilities at the end of the second quarter stood at ¥42,292 million, a decrease of ¥4,331 million from the end of the previous fiscal year. This was mainly attributable to decreases in borrowings and the provision for business withdrawal losses.」
Due to repayments of borrowings and other factors, total borrowings decreased from ¥32.6 billion at the end of the previous fiscal year to ¥29.7 billion at the end of the second quarter, indicating numerical progress toward the FY2020 year-end borrowing target of ¥34 billion. - FY2020-Q1AdvancedAnnual report
「Liabilities at the end of the first quarter stood at ¥44,193 million, a decrease of ¥2,430 million from the end of the previous fiscal year. This was mainly attributable to a decrease in borrowings, despite an increase in accounts payable.」
Total borrowings decreased from ¥32.6 billion at the end of the previous fiscal year to ¥31.1 billion at the end of the first quarter, indicating numerical progress toward the FY2020 year-end borrowing target of ¥34 billion. - FY2019AdvancedAnnual report
「Liabilities at the end of the fiscal year stood at ¥46,623 million, a decrease of ¥9,824 million from the end of the previous fiscal year. This was mainly attributable to a decrease in borrowings, despite an increase in the provision for business withdrawal losses.」
Total borrowings decreased to ¥33.549 billion at year-end, indicating numerical progress toward the FY2020 year-end borrowing target of ¥34 billion. - FY2019-Q2AdvancedAnnual report
「This was mainly attributable to a decrease in borrowings and accounts payable.」
Borrowings decreased from ¥43.5 billion at the end of March 2018 to ¥41.4 billion at the end of September 2018, indicating numerical progress toward the FY2020 year-end borrowing target of ¥34 billion. - FY2019-Q1AdvancedAnnual report
「This was mainly attributable to a decrease in borrowings, despite increases in notes and accounts payable.」
Borrowings decreased from ¥43.5 billion at the end of the previous fiscal year to ¥41.5 billion at the end of the first quarter, indicating numerical progress toward the FY2020 year-end borrowing target of ¥34 billion. - FY2018ReframedAnnual report
「Total borrowings ¥34 billion at FY2020-end ¥43.5 billion at FY2017-end D/E ratio 0.8x at FY2020-end 1.1x at FY2017-end」
The targets were changed from the FY2017 borrowing balance and D/E ratio targets to the FY2020 year-end targets under the new medium-term management plan, which set borrowings at ¥34 billion and the D/E ratio at 0.8x. - FY2017DroppedAnnual report
「<Fiscal 2017 performance targets>」
The FY2017 borrowing balance and D/E ratio targets previously disclosed were not repeated in the performance targets table of the new medium-term management plan. The borrowing balance was ¥48.4 billion in the latest results, but no D/E ratio was reported. - FY2016SoftenedAnnual report
「Borrowing balance 300 320 D/E ratio 0.6x 0.8x」
The revised targets changed the borrowing balance from ¥30 billion to ¥32 billion and the D/E ratio from 0.6x to 0.8x.