Improving the Financial Position and Effective Use of Assets
First written in FY2016. 10 of 34 entries say "Advanced", first in FY2017. Latest entry: FY2026.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, the equity ratio rose 4.5 percentage points from the end of the previous fiscal year to 39.1%.」
The equity ratio rose to 39.1%, exceeding the 35% or higher target in the 25 Medium-Term Management Plan. Meanwhile, interest-bearing liabilities increased by ¥10.5 billion from the end of the previous fiscal year to ¥316.7 billion, indicating that financing for growth investments is continuing. - 2026-05-12AdvancedEarnings
「The equity ratio rose 4.5 percentage points from the end of the previous consolidated fiscal year to 39.1%.」
The equity ratio was 39.1%, above the target of at least 35%, indicating continued improvement in the Company's financial position. - FY2026-H1Higher Interest-Bearing Debt and Lower Equity RatioAnnual report
「The balance of borrowings, bonds and commercial paper increased by ¥35.7 billion from the end of the previous fiscal year to ¥341.8 billion. As a result, the equity ratio fell 0.4 percentage points from the end of the previous fiscal year to 34.2%.」
Interest-bearing liabilities and other debt stood at ¥341.8 billion at the end of the interim period, an increase of ¥35.7 billion from the end of the previous fiscal year. The equity ratio fell from 34.6% to 34.2%. - FY2025AdvancedAnnual report
「Interest-bearing liabilities, including borrowings, bonds and commercial paper, decreased by ¥26.9 billion from the end of the previous fiscal year to ¥306.2 billion. As a result, the equity ratio rose 1.3 percentage points from the end of the previous fiscal year to 34.6%.」
Interest-bearing liabilities were reduced by ¥26.9 billion, raising the equity ratio to 34.6%. The Company moved closer to its target equity ratio of at least 35% for fiscal 2025. - FY2025-H1Slight decline in interest-bearing liabilities and decline in the equity ratioAnnual report
「The balance of borrowings, bonds and commercial paper decreased by ¥1.5 billion from the end of the previous fiscal year to ¥331.5 billion. As a result, the equity ratio fell 0.1 percentage point from the end of the previous fiscal year to 33.2%.」
Interest-bearing liabilities and other debt decreased by ¥1.5 billion from the end of the previous fiscal year, while the equity ratio fell from 33.3% to 33.2% due to the decline in net assets. - FY2024Higher equity ratio and increased interest-bearing debtAnnual report
「Interest-bearing liabilities, including borrowings, bonds and commercial paper, increased by ¥9.2 billion from the end of the previous fiscal year to ¥333.0 billion. Total net assets increased by ¥28.9 billion from the end of the previous fiscal year to ¥358.0 billion. As a result, the equity ratio rose 1.0 percentage point from the end of the previous fiscal year to 33.3%.」
Interest-bearing liabilities increased by ¥9.2 billion from the end of the previous fiscal year, while the equity ratio rose to 33.3% as a result of the increase in net assets. The Company also sold part of its investment securities holdings. - FY2024-Q3AdvancedAnnual report
「At a meeting of its Board of Directors held on 14 December 2023, the Company resolved to sell part of its investment securities holdings and completed the sale as described below.」
The Company resolved to sell part of its investment securities holdings and executed the sale to improve asset efficiency and strengthen its financial position. The sale was completed on 24 January 2024, and the Company expects to record a gain on sale of approximately ¥6.8 billion. - FY2024-Q3Continued increases in interest-bearing liabilities and declines in the equity ratioAnnual report
「Total liabilities increased by ¥30.4 billion from the end of the previous fiscal year to ¥634.7 billion. The balance of borrowings, bonds and commercial paper increased by ¥29.1 billion from the end of the previous fiscal year to ¥352.9 billion.」
The balance of borrowings, bonds and commercial paper increased by ¥29.1 billion from the end of the previous fiscal year to ¥352.9 billion, while the equity ratio fell 1.0 percentage point from the end of the previous fiscal year to 31.3%. - FY2024-Q2Higher Interest-Bearing Debt and Lower Equity RatioAnnual report
「Total liabilities increased by ¥26.8 billion from the end of the previous fiscal year to ¥631.2 billion. The balance of borrowings, bonds and commercial paper increased by ¥19.6 billion from the end of the previous fiscal year to ¥343.5 billion. Total net assets increased by ¥6.8 billion from the end of the previous fiscal year to ¥335.9 billion, mainly due to an increase in the foreign currency translation adjustment account and other factors. As a result, the equity ratio fell 0.5 percentage points from the end of the previous fiscal year to 31.8%.」
Interest-bearing liabilities and other debt increased by ¥19.6 billion from the end of the previous fiscal year. Despite the increase in net assets, the equity ratio fell from 32.3% to 31.8%. - FY2024-Q1Higher Interest-Bearing Debt and Lower Equity RatioAnnual report
「Total liabilities increased by ¥23.3 billion from the end of the previous fiscal year to ¥627.7 billion. The balance of borrowings, bonds and commercial paper increased by ¥18.7 billion from the end of the previous fiscal year to ¥342.5 billion, while notes and accounts payable decreased by ¥1.2 billion. Total net assets increased by ¥4.7 billion from the end of the previous fiscal year to ¥333.8 billion, mainly due to an increase in the foreign currency translation adjustment account. As a result, the equity ratio fell 0.4 percentage points from the end of the previous fiscal year to 31.9%.」
Interest-bearing liabilities and other debt increased by ¥18.7 billion from the end of the previous fiscal year. Despite the increase in net assets, the equity ratio fell from 32.3% to 31.9%. - FY2023AdvancedAnnual report
「Interest-bearing liabilities, including borrowings, bonds and commercial paper, decreased by ¥18.3 billion from the end of the previous fiscal year to ¥323.8 billion. As a result, the equity ratio rose 2.7 percentage points from the end of the previous fiscal year to 32.5%.」
Interest-bearing liabilities were reduced by ¥18.3 billion from the end of the previous fiscal year, raising the equity ratio from 29.8% to 32.5%. - FY2023-Q3Borrowings up and equity ratio upAnnual report
「Total liabilities increased by ¥16.4 billion from the end of the previous fiscal year to ¥638.2 billion. The balance of borrowings, bonds and commercial paper increased by ¥5.2 billion to ¥347.3 billion. Total net assets increased by ¥10.3 billion from the end of the previous fiscal year to ¥324.4 billion, including a ¥12.4 billion increase from net income attributable to owners of the parent. As a result, the equity ratio rose 1.1 percentage points from the end of the previous fiscal year to 30.9%.」
Borrowings and other debt increased by ¥5.2 billion, while the equity ratio rose 1.1 percentage points to 30.9% as a result of the increase in net assets. - FY2023-Q2Borrowings up and equity ratio upAnnual report
「Total liabilities increased by ¥23.3 billion from the end of the previous consolidated fiscal year to ¥645.1 billion. The balance of borrowings, bonds and commercial paper increased by ¥17.5 billion to ¥359.6 billion. Net assets increased by ¥21.0 billion from the end of the previous consolidated fiscal year to ¥335.1 billion, including a ¥7.9 billion increase from quarterly net income attributable to owners of the parent. As a result, the equity ratio rose 0.6 percentage points from the end of the previous consolidated fiscal year to 30.4%.」
The balance of borrowings, bonds and commercial paper increased by ¥17.5 billion from the end of the previous fiscal year, while the equity ratio rose to 30.4% due to an increase in net assets. - FY2023-Q1Borrowings up and equity ratio upAnnual report
「Total liabilities increased by ¥22.4 billion from the end of the previous consolidated fiscal year to ¥644.2 billion. The balance of borrowings, bonds and commercial paper increased by ¥15.8 billion from the end of the previous consolidated fiscal year to ¥357.9 billion, and notes and accounts payable increased by ¥1.3 billion. Net assets increased by ¥12.2 billion from the end of the previous consolidated fiscal year to ¥326.3 billion, due to a ¥5.8 billion increase from the foreign currency translation adjustment and quarterly net income attributable to owners of the parent. As a result, the equity ratio rose 0.2 percentage points from the end of the previous consolidated fiscal year to 30.0%.」
Interest-bearing debt and other items increased by ¥15.8 billion from the end of the previous fiscal year to ¥357.9 billion, while the equity ratio rose 0.2 percentage points to 30.0% due to an increase in net assets. - FY2022WorsenedAnnual report
「Interest-bearing debt, including borrowings, bonds and commercial paper, increased by ¥51.5 billion from the end of the previous consolidated fiscal year to ¥342.1 billion. As a result, the equity ratio fell 1.4 percentage points from the end of the previous consolidated fiscal year to 29.8%.」
Interest-bearing debt increased by ¥51.5 billion from the end of the previous fiscal year to ¥342.1 billion, while the equity ratio fell from 31.2% to 29.8%. - FY2022-Q3Borrowings up and equity ratio downAnnual report
「Total liabilities increased by ¥47.9 billion from the end of the previous consolidated fiscal year to ¥588.3 billion. The balance of borrowings, bonds and commercial paper increased by ¥35.2 billion to ¥325.8 billion. Net assets increased by ¥4.0 billion from the end of the previous consolidated fiscal year to ¥295.6 billion, including a ¥3.3 billion increase from quarterly net income attributable to owners of the parent. As a result, the equity ratio fell 1.5 percentage points from the end of the previous consolidated fiscal year to 29.7%.」
The balance of borrowings, bonds and commercial paper increased by ¥35.2 billion from the end of the previous fiscal year, while the equity ratio fell 1.5 percentage points to 29.7%. - FY2022-Q2Borrowings up and equity ratio upAnnual report
「Total liabilities increased by ¥9.1 billion from the end of the previous consolidated fiscal year to ¥549.5 billion. The balance of borrowings, bonds and commercial paper increased by ¥11.1 billion to ¥301.7 billion. Net assets increased by ¥7.5 billion from the end of the previous consolidated fiscal year to ¥299.2 billion, including a ¥7.2 billion increase from quarterly net income attributable to owners of the parent. As a result, the equity ratio rose 0.2 percentage points from the end of the previous consolidated fiscal year to 31.4%.」
The balance of borrowings, bonds and commercial paper increased by ¥11.1 billion, while the equity ratio rose 0.2 percentage points to 31.4% due to an increase in net assets. - FY2022-Q1Borrowings up and equity ratio downAnnual report
「Total liabilities increased by ¥36.7 billion from the end of the previous consolidated fiscal year to ¥577.1 billion. The balance of borrowings, bonds and commercial paper increased by ¥28.0 billion from the end of the previous consolidated fiscal year to ¥318.6 billion, while notes and accounts payable increased by ¥5.1 billion.」
The balance of borrowings, bonds and commercial paper increased by ¥28.0 billion from the end of the previous fiscal year, while the equity ratio fell 0.8 percentage points from the end of the previous fiscal year to 30.4%. - FY2021AdvancedAnnual report
「In March this year, the credit rating assigned by Rating and Investment Information, Inc. returned to "A-" for the first time in 19 years, since June 2002.」
Amid efforts to improve the financial position and strengthen the management base, the credit rating returned to A- for the first time in 19 years. Meanwhile, interest-bearing debt increased by ¥39.5 billion from the end of the previous fiscal year to ¥290.6 billion. - FY2021-Q3Borrowings up and equity ratio downAnnual report
「Total liabilities increased by ¥19.1 billion from the end of the previous consolidated fiscal year to ¥540.7 billion. The balance of borrowings, bonds and commercial paper increased by ¥37.9 billion to ¥289.0 billion, while product warranty provisions decreased by ¥12.0 billion, notes and accounts payable by ¥6.6 billion and other liability items by ¥200 million. Net assets decreased by ¥4.1 billion from the end of the previous consolidated fiscal year to ¥268.9 billion, despite a ¥500 million increase from quarterly net income attributable to owners of the parent, due to dividend payments, the foreign currency translation adjustment, a decrease in non-controlling interests and other factors. As a result, the equity ratio fell 0.7 percentage points from the end of the previous consolidated fiscal year to 29.5%.」
The balance of borrowings, bonds and commercial paper increased by ¥37.9 billion, while the equity ratio fell 0.7 percentage points to 29.5% due to a decrease in net assets. - FY2021-Q2Borrowings up and equity ratio slightly upAnnual report
「Total liabilities decreased by ¥2.6 billion from the end of the previous consolidated fiscal year to ¥518.9 billion. Although the balance of borrowings, bonds and commercial paper increased by ¥36.4 billion to ¥287.5 billion, notes and accounts payable decreased by ¥19.0 billion and other liability items by ¥20.1 billion. Net assets decreased by ¥5.6 billion from the end of the previous consolidated fiscal year to ¥267.5 billion, despite a ¥1.6 billion increase from quarterly net income attributable to owners of the parent, due to dividend payments, a decrease in the foreign currency translation adjustment and other factors. As a result, the equity ratio rose 0.1 percentage points from the end of the previous consolidated fiscal year to 30.3%.」
The balance of borrowings, bonds and commercial paper increased by ¥36.4 billion, while total liabilities decreased due to a decline in trade payables and other items, and the equity ratio rose slightly to 30.3%. - FY2021-Q1Borrowings increased while the land sale was completedAnnual report
「Total liabilities increased by ¥28.4 billion from the end of the previous consolidated fiscal year to ¥550.0 billion. Although the balance of borrowings, bonds and commercial paper increased by ¥45.0 billion to ¥296.1 billion, notes and accounts payable decreased by ¥15.8 billion.」
The balance of borrowings, bonds and commercial paper increased by ¥45.0 billion, and the equity ratio fell from 30.2% to 29.5%. Meanwhile, the factory site in Amagasaki was handed over on 30 June 2020, and a gain on disposal of property, plant and equipment of ¥22.078 billion was recorded. - FY2020Higher Interest-Bearing Debt and Lower Equity RatioAnnual report
「The balance of borrowings, bonds and commercial paper increased by ¥5.1 billion from the end of the previous consolidated fiscal year to ¥251.1 billion, and liabilities related to retirement benefits increased by ¥5.7 billion, while notes and accounts payable decreased by ¥19.8 billion and product warranty provisions by ¥10.7 billion. As a result, the equity ratio fell 0.1 percentage points from the end of the previous consolidated fiscal year to 30.2%.」
Interest-bearing debt and other items increased, while the equity ratio fell from 30.3% to 30.2%. - FY2020-Q3Interest-bearing debt up and equity ratio upAnnual report
「Although interest-bearing debt, including long-term borrowings, short-term borrowings and bonds, increased by ¥15.2 billion to ¥261.2 billion, notes and accounts payable decreased by ¥13.0 billion and product warranty provisions by ¥10.2 billion. Net assets increased by ¥2.7 billion from the end of the previous consolidated fiscal year to ¥282.6 billion, despite a ¥7.4 billion increase from quarterly net income attributable to owners of the parent, due to dividend payments and the foreign currency translation adjustment. As a result, the equity ratio rose 0.4 percentage points from the end of the previous consolidated fiscal year to 30.7%.」
Interest-bearing debt increased by ¥15.2 billion, while the equity ratio rose 0.4 percentage points to 30.7% due to an increase in net assets. - FY2020-Q2Interest-bearing debt up and equity ratio upAnnual report
「Although interest-bearing debt, including long-term borrowings, short-term borrowings and bonds, increased by ¥4.2 billion to ¥250.2 billion, notes and accounts payable decreased by ¥18.8 billion and other liability items by ¥2.7 billion. Net assets decreased by ¥2.7 billion from the end of the previous consolidated fiscal year to ¥277.2 billion, despite a ¥6.1 billion increase from quarterly net income attributable to owners of the parent, due to dividend payments, a decrease in the foreign currency translation adjustment and other factors. As a result, the equity ratio rose 0.5 percentage points from the end of the previous consolidated fiscal year to 30.8%.」
Interest-bearing debt increased by ¥4.2 billion, while the equity ratio rose 0.5 percentage points from the end of the previous consolidated fiscal year to 30.8%. - FY2020-Q1Higher Interest-Bearing Debt and Lower Equity RatioAnnual report
「Although interest-bearing debt, including long-term borrowings, short-term borrowings and bonds, increased by ¥5.9 billion to ¥251.9 billion, notes and accounts payable decreased by ¥9.6 billion. Net assets decreased by ¥4.3 billion from the end of the previous consolidated fiscal year to ¥275.6 billion, despite a ¥2.3 billion increase from quarterly net income attributable to owners of the parent, due to dividend payments and other factors. As a result, the equity ratio fell 0.2 percentage points from the end of the previous consolidated fiscal year to 30.1%.」
Interest-bearing debt increased by ¥5.9 billion, while net assets decreased due to dividend payments and other factors, resulting in a 0.2 percentage point decline in the equity ratio to 30.1%. - FY2019AdvancedAnnual report
「Although interest-bearing debt, including long-term borrowings, short-term borrowings and bonds, decreased by ¥12.5 billion from the end of the previous consolidated fiscal year to ¥246.0 billion, notes and accounts payable increased by ¥7.0 billion, product warranty provisions by ¥5.6 billion and liabilities related to retirement benefits by ¥4.6 billion. As a result, the equity ratio rose 1.1 percentage points from the end of the previous consolidated fiscal year to 30.3%.」
Interest-bearing debt was reduced by ¥12.5 billion, and the equity ratio was raised from 29.2% to 30.3%. - FY2019-Q3AdvancedAnnual report
「Interest-bearing debt, including long-term borrowings, short-term borrowings and bonds, decreased by ¥900 million to ¥257.7 billion, while other liability items decreased by ¥4.0 billion. Net assets increased by ¥2.5 billion from the end of the previous consolidated fiscal year to ¥274.6 billion, mainly due to an increase in quarterly net income attributable to owners of the parent. As a result, the equity ratio rose 0.9 percentage points from the end of the previous consolidated fiscal year to 30.1%.」
Interest-bearing debt decreased by ¥900 million from the end of the previous consolidated fiscal year, while the equity ratio rose from 29.2% to 30.1%. - FY2019-Q2Interest-bearing debt up and equity ratio upAnnual report
「Interest-bearing debt, including long-term borrowings, short-term borrowings and bonds, increased by ¥5.3 billion to ¥263.8 billion. Net assets increased by ¥2.8 billion from the end of the previous consolidated fiscal year to ¥274.9 billion, mainly due to an increase in quarterly net income attributable to owners of the parent. As a result, the equity ratio rose 0.4 percentage points from the end of the previous consolidated fiscal year to 29.6%.」
Interest-bearing debt increased by ¥5.3 billion, while the equity ratio rose 0.4 percentage points to 29.6% due to an increase in net assets. - FY2019-Q1Interest-bearing debt up and equity ratio unchangedAnnual report
「Although interest-bearing debt, including long-term borrowings, short-term borrowings and bonds, increased by ¥2.8 billion to ¥261.3 billion, other liability items decreased by ¥5.9 billion due to tax and bonus payments, among other factors. As a result, the equity ratio was 29.2%, unchanged from the end of the previous consolidated fiscal year.」
Interest-bearing debt increased by ¥2.8 billion from the end of the previous consolidated fiscal year, while the equity ratio remained at the same level of 29.2%. - FY2018Equity ratio up and interest-bearing debt upAnnual report
「On the liabilities side, interest-bearing debt, comprising long-term borrowings, short-term borrowings and bonds, increased by ¥6.0 billion from the end of the previous consolidated fiscal year to ¥258.5 billion. On the net assets side, retained earnings and accumulated other comprehensive income increased by ¥24.2 billion and ¥4.9 billion, respectively. As a result, the equity ratio rose 1.4 percentage points from the end of the previous consolidated fiscal year to 29.0%.」
Interest-bearing debt increased by ¥6.0 billion, while the equity ratio rose to 29.0% due to increases in retained earnings and other items. - FY2018-Q3AdvancedAnnual report
「Equity ratio (%) 26.7 29.6 27.6」
The equity ratio at the end of the third quarter was 29.6%, up from 27.6% at the end of the previous consolidated fiscal year. - FY2017AdvancedAnnual report
「Interest-bearing debt, comprising long-term borrowings, short-term borrowings and bonds, decreased by ¥5.3 billion from the end of the previous consolidated fiscal year to ¥252.5 billion. As a result, the equity ratio rose 3.1 percentage points from the end of the previous consolidated fiscal year to 27.6%.」
The reduction in interest-bearing debt and increase in the equity ratio are described as progress in improving the financial position. - FY2016First statedAnnual report
「To ensure effective use of the Company's management resources and strengthen its financial position.」
Two parcels of land were transferred for ¥7.4 billion and ¥17.0 billion. Asset sales are being used as a means of strengthening the financial position.