Improving the Financial Position
First written in FY2016. 23 of 37 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-07.
20 other companies' latest entry also says "Worsened".
- FY2026AdvancedAnnual report
「Interest-bearing debt at the end of the fiscal year was ¥4,001.8 million, a decrease of ¥1,471.1 million from the end of the previous fiscal year. The equity ratio was 47.6%, up 7.9 percentage points from the previous fiscal year. As a result, the DE ratio was 40.7% at the end of the fiscal year, a decrease of 24.7 percentage points from the previous fiscal year.」
Interest-bearing debt was reduced by ¥1,471.1 million, improving the equity ratio to 47.6% and the DE ratio to 40.7%. Despite including borrowings related to the ＴＯＴＯＫＵ acquisition, the full-year results show an improvement in financial indicators. - FY2026-H1AdvancedAnnual report
「Total liabilities at the end of the interim consolidated accounting period were ¥10,454.8 million (total liabilities at the end of the previous fiscal year: ¥11,884.0 million), a decrease of ¥1,429.1 million from the end of the previous fiscal year, mainly due to decreases in borrowings and income taxes payable. …As a result, the DE ratio was 54.2% at the end of the interim consolidated accounting period.」
Total liabilities decreased by ¥1,429.1 million from the end of the previous fiscal year due to a decrease in borrowings and other items, and the DE ratio was 54.2%. Financial indicators improved from 65% at the end of the previous fiscal year. - FY2025WorsenedAnnual report
「Interest-bearing debt at the end of the fiscal year was ¥5,472.9 million, an increase of ¥2,444.6 million from the end of the previous fiscal year. The equity ratio was 42.3%, down 4.7 percentage points from the previous fiscal year. As a result, the DE ratio was 65% at the end of the fiscal year, an increase of 25 percentage points from the previous fiscal year.」
Interest-bearing debt and the DE ratio increased, while the equity ratio declined, mainly because of an increase in borrowings associated with the acquisition of ＴＯＴＯＫＵ shares. - FY2025-H1Increase in borrowings and rise in the D/E ratioAnnual report
「Total liabilities as of the end of the interim consolidated accounting period were ¥8,588.9 million, compared with ¥8,445.6 million at the end of the previous consolidated fiscal year. This represented an increase of ¥143.2 million from the end of the previous consolidated fiscal year, mainly due to an increase in borrowings. …As a result, the D/E ratio was 46% at the end of the interim consolidated accounting period.」
Total liabilities increased by ¥143.2 million from the end of the previous fiscal year due to an increase in borrowings, while the D/E ratio rose from 40% at the end of the previous fiscal year to 46%. - FY2024AdvancedAnnual report
「Interest-bearing debt at the end of the current consolidated fiscal year was ¥3,028.2 million, down ¥1,089.4 million from the end of the previous consolidated fiscal year. The equity ratio increased by 3.9 percentage points year on year to 47.0%. As a result, the D/E ratio was 40% at the end of the current consolidated fiscal year, an improvement of 21 percentage points from the previous consolidated fiscal year.」
The annual results show a ¥1,089.4 million reduction in interest-bearing debt, an equity ratio of 47.0% and an improvement in the D/E ratio to 40%. - FY2024-Q3AdvancedAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥8,472.8 million, compared with ¥8,826.0 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥353.2 million from the end of the previous consolidated fiscal year, mainly due to a decrease in borrowings. As a result, the D/E ratio was 48% at the end of the third quarter of the current consolidated fiscal year.」
Total liabilities decreased by ¥353.2 million from the end of the previous fiscal year due to a decrease in borrowings, while the D/E ratio also improved from 49% in the second quarter to 48%. - FY2024-Q2AdvancedAnnual report
「Total liabilities as of the end of the second quarter of the current consolidated fiscal year were ¥8,113.6 million, compared with ¥8,826.0 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥712.4 million from the end of the previous consolidated fiscal year, mainly due to a decrease in borrowings. …As a result, the D/E ratio was 49% at the end of the second quarter of the current consolidated fiscal year.」
Total liabilities decreased by ¥712.4 million from the end of the previous fiscal year due to a decrease in borrowings, while the D/E ratio improved from 57% in the first quarter to 49%. - FY2024-Q1AdvancedAnnual report
「Total liabilities as of the end of the first quarter of the current consolidated fiscal year were ¥8,613.6 million, compared with ¥8,826.0 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥212.4 million from the end of the previous consolidated fiscal year, mainly due to a decrease in borrowings. As a result, the D/E ratio was 57% at the end of the first quarter of the current consolidated fiscal year.」
Total liabilities decreased by ¥212.4 million from the end of the previous fiscal year due to a decrease in borrowings, while the D/E ratio fell from 61% at the end of the previous fiscal year to 57%. - FY2023AdvancedAnnual report
「Interest-bearing debt at the end of the current consolidated fiscal year was ¥4,117.7 million, an increase of ¥200.6 million from the end of the previous consolidated fiscal year, while the equity ratio increased by 3.5 percentage points year on year to 43.1%. As a result, the D/E ratio was 61% at the end of the current consolidated fiscal year, an improvement of 6 percentage points from the previous consolidated fiscal year.」
Although interest-bearing debt increased, the equity ratio was 43.1% and the D/E ratio was 61%, with the D/E ratio improving by 6 percentage points from the previous year. - FY2023-Q3Continued increase in liabilities and improvement in the D/E ratioAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥9,236.2 million, compared with ¥8,842.4 million at the end of the previous consolidated fiscal year. This represented an increase of ¥393.8 million from the end of the previous consolidated fiscal year, mainly due to an increase in borrowings. …As a result, the D/E ratio was 71% at the end of the third quarter of the current consolidated fiscal year.」
Although total liabilities increased by ¥393.8 million from the end of the previous fiscal year due to an increase in borrowings, the D/E ratio improved from 76% in the previous quarter to 71%. - FY2023-Q2Continued increase in liabilities and borrowings, with improvement in the D/E ratioAnnual report
「Total liabilities as of the end of the second quarter of the current consolidated fiscal year were ¥9,383.4 million, compared with ¥8,842.4 million at the end of the previous consolidated fiscal year. This represented an increase of ¥541.0 million from the end of the previous consolidated fiscal year, mainly due to an increase in borrowings. As a result, the D/E ratio was 76% at the end of the second quarter of the current consolidated fiscal year.」
Although total liabilities increased by ¥541.0 million from the end of the previous fiscal year, mainly due to an increase in borrowings, the D/E ratio improved from 77% in the first quarter to 76%. The increase in liabilities coexisted with an improvement in the D/E ratio. - FY2023-Q1Continued increase in liabilities and borrowings, with improvement in the D/E ratioAnnual report
「Total liabilities as of the end of the first quarter of the current consolidated fiscal year were ¥9,371.2 million, compared with ¥8,842.4 million at the end of the previous consolidated fiscal year. This represented an increase of ¥528.8 million from the end of the previous consolidated fiscal year, mainly due to increases in notes and accounts payable and borrowings. …As a result, the D/E ratio was 77% at the end of the first quarter of the current consolidated fiscal year.」
Total liabilities increased by ¥528.8 million from the end of the previous fiscal year due to increases in borrowings and other items, while the D/E ratio was 77%. The rising trend in liabilities coexisted with an improvement in the financial ratio. - FY2022-Q3Continued increase in liabilities and borrowingsAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥9,441.0 million, compared with ¥8,129.0 million at the end of the previous consolidated fiscal year. This represented an increase of ¥1,311.9 million from the end of the previous consolidated fiscal year, mainly due to increases in notes and accounts payable and borrowings.」
Following the second quarter, total liabilities increased by ¥1,311.9 million from the end of the previous fiscal year, mainly due to increases in notes and accounts payable and borrowings. - FY2022-Q2Increase in liabilities and borrowingsAnnual report
「Total liabilities as of the end of the second quarter of the current consolidated fiscal year were ¥8,902.0 million, compared with ¥8,129.0 million at the end of the previous consolidated fiscal year. This represented an increase of ¥772.9 million from the end of the previous consolidated fiscal year, mainly due to increases in notes and accounts payable and borrowings.」
The trend of declining liabilities and borrowings through the end of the previous consolidated fiscal year changed, with total liabilities increasing by ¥772.9 million due to increases in notes and accounts payable and borrowings. - FY2022-Q1AdvancedAnnual report
「Total liabilities as of the end of the first quarter of the current consolidated fiscal year were ¥8,620.6 million, compared with ¥8,129.0 million at the end of the previous consolidated fiscal year. This represented an increase of ¥491.5 million from the end of the previous consolidated fiscal year, mainly due to increases in notes and accounts payable and borrowings. …As a result, the D/E ratio was 82% at the end of the first quarter of the current consolidated fiscal year.」
Although total liabilities increased, the D/E ratio improved to 82% from 96% at the end of the previous consolidated fiscal year. - FY2021-Q3AdvancedAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥8,014.9 million, compared with ¥8,253.9 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥239.0 million from the end of the previous consolidated fiscal year, mainly due to a decrease in borrowings. …As a result, the D/E ratio was 96% at the end of the third quarter of the current consolidated fiscal year, an improvement of 11 percentage points from the previous consolidated fiscal year.」
Total liabilities decreased by ¥239.0 million from the end of the previous fiscal year due to a decrease in borrowings, while the D/E ratio also improved by 11 percentage points to 96%. - FY2021-Q2AdvancedAnnual report
「Total liabilities as of the end of the second quarter of the current consolidated fiscal year were ¥7,809.4 million, compared with ¥8,253.9 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥444.5 million from the end of the previous consolidated fiscal year, mainly due to a decrease in borrowings. …As a result, the D/E ratio was 99% at the end of the second quarter of the current consolidated fiscal year, an improvement of 8 percentage points from the previous consolidated fiscal year.」
Total liabilities decreased by ¥444.5 million from the end of the previous fiscal year due to a decrease in borrowings, while the D/E ratio also improved by 8 percentage points to 99%. - FY2021-Q1AdvancedAnnual report
「Total liabilities as of the end of the first quarter of the current consolidated fiscal year were ¥7,949.2 million, compared with ¥8,253.9 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥304.7 million from the end of the previous consolidated fiscal year, mainly due to a decrease in notes and accounts payable. …As a result, the D/E ratio was 107% at the end of the first quarter of the current consolidated fiscal year.」
Total liabilities decreased by ¥304.7 million from the end of the previous fiscal year, and the D/E ratio was 107%. - FY2020AdvancedAnnual report
「Interest-bearing debt at the end of the current consolidated fiscal year was ¥4,230.3 million, down ¥435.4 million from the end of the previous consolidated fiscal year, while the equity ratio increased by 4.2 percentage points year on year to 32.3%. As a result, the D/E ratio was 107% at the end of the current consolidated fiscal year, an improvement of 27 percentage points from the previous consolidated fiscal year.」
Annual results and the extent of year-on-year improvement are presented for interest-bearing debt, the equity ratio and the D/E ratio, showing quantitative progress in improving the financial position. - FY2020-Q3AdvancedAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥8,495.5 million, compared with ¥8,853.7 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥358.1 million from the end of the previous consolidated fiscal year, mainly due to a decrease in borrowings. …As a result, the D/E ratio was 114% at the end of the third quarter of the current consolidated fiscal year, an improvement of 20 percentage points from the previous consolidated fiscal year.」
Total liabilities decreased by ¥358.1 million from the end of the previous fiscal year due to a decrease in borrowings, while the D/E ratio also improved by 20 percentage points to 114%. - FY2020-Q2AdvancedAnnual report
「Total liabilities as of the end of the second quarter of the current consolidated fiscal year were ¥8,471.6 million, compared with ¥8,853.7 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥382.0 million from the end of the previous consolidated fiscal year, mainly due to a decrease in borrowings. …As a result, the D/E ratio was 119% at the end of the second quarter of the current consolidated fiscal year, an improvement of 15 percentage points from the previous consolidated fiscal year.」
Total liabilities decreased by ¥382.0 million from the end of the previous fiscal year due to a decrease in borrowings, while the D/E ratio also improved by 15 percentage points to 119%. - FY2020-Q1AdvancedAnnual report
「Total liabilities as of the end of the first quarter of the current consolidated fiscal year were ¥8,669.3 million, compared with ¥8,853.7 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥184.3 million from the end of the previous consolidated fiscal year, mainly due to a decrease in notes and accounts payable. …As a result, the D/E ratio was 130% at the end of the first quarter of the current consolidated fiscal year, an improvement of 4 percentage points from the previous consolidated fiscal year.」
Total liabilities decreased by ¥184.3 million from the end of the previous fiscal year, while the D/E ratio also improved by 4 percentage points to 130%. Progress in improving the financial position is shown in the quarterly results. - FY2019AdvancedAnnual report
「Under its current medium-term management plan, Change SWCC2022, the Group identifies strengthening its financial position as a priority financial policy. As stated above, interest-bearing debt at the end of the current consolidated fiscal year was ¥4,665.7 million, down ¥233.6 million from the end of the previous consolidated fiscal year, while the equity ratio increased by 1.5 percentage points year on year to 28.1%. As a result, the D/E ratio was 134% at the end of the current consolidated fiscal year, an improvement of 15 percentage points from the previous consolidated fiscal year.」
Annual results and the extent of year-on-year improvement are presented for interest-bearing debt, the equity ratio and the D/E ratio, disclosing progress under the financial policy of prioritising repayment of borrowings. - FY2019-Q3Continued increase in liabilities and borrowingsAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥9,146.5 million, compared with ¥9,004.0 million at the end of the previous consolidated fiscal year. This represented an increase of ¥142.5 million from the end of the previous consolidated fiscal year, mainly due to an increase in borrowings.」
Total liabilities increased from the end of the previous consolidated fiscal year for the second consecutive quarter, with the increase in borrowings cited as the main factor this time. - FY2019-Q2AdvancedAnnual report
「Total liabilities as of the end of the second quarter of the current consolidated fiscal year were ¥8,963.3 million, compared with ¥9,004.0 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥40.7 million from the end of the previous consolidated fiscal year, mainly due to a decrease in notes and accounts payable.」
The trend changed from the increase in the previous quarter, with total liabilities decreasing by ¥40.7 million from the end of the previous consolidated fiscal year. The main factor was a decrease in notes and accounts payable. - FY2019-Q1RestatedAnnual report
「Total liabilities as of the end of the first quarter of the current consolidated fiscal year were ¥9,040.3 million, compared with ¥9,004.0 million at the end of the previous consolidated fiscal year. This represented an increase of ¥36.2 million from the end of the previous consolidated fiscal year, mainly due to an increase in borrowings and a decrease in notes and accounts payable.」
Total liabilities increased by ¥36.2 million from the end of the previous fiscal year, mainly due to an increase in borrowings. The previous trend of declining liabilities has shifted to a continued upward trend. - FY2018-Q3Continued increase in total liabilitiesAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥9,287.0 million, compared with ¥9,087.3 million at the end of the previous consolidated fiscal year. This represented an increase of ¥199.7 million from the end of the previous consolidated fiscal year, mainly due to increases in notes and accounts payable and the provision for product repair costs.」
Total liabilities increased by ¥199.7 million from the end of the previous fiscal year. Following the increase in borrowings in the previous quarter, the main factors this time were increases in notes and accounts payable and the provision for product repair costs. - FY2018-Q2Increase in financial liabilitiesAnnual report
「Total liabilities as of the end of the second quarter of the current consolidated fiscal year were ¥9,201.1 million, compared with ¥9,087.3 million at the end of the previous consolidated fiscal year. This represented an increase of ¥113.8 million from the end of the previous consolidated fiscal year, mainly due to an increase in borrowings.」
In contrast to the decreases in liabilities and borrowings that continued through the previous fiscal year, total liabilities increased by ¥113.8 million at the end of the second quarter of the current fiscal year, mainly due to an increase in borrowings. - FY2018-Q1AdvancedAnnual report
「Total liabilities as of the end of the first quarter of the current consolidated fiscal year were ¥8,830 million, compared with ¥9,087.3 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥257.2 million from the end of the previous consolidated fiscal year, mainly due to decreases in long-term borrowings and notes and accounts payable.」
Total liabilities decreased by ¥257.2 million from the end of the previous consolidated fiscal year, mainly due to decreases in long-term borrowings and notes and accounts payable. - FY2017AdvancedAnnual report
「Total liabilities at the end of the current consolidated fiscal year were ¥9,087.3 million, down ¥647.1 million from the end of the previous consolidated fiscal year. The decrease in current liabilities was mainly due to a ¥494.4 million decrease in short-term borrowings, among other factors.」
The decreases in total liabilities and short-term borrowings are presented as the year-end results, confirming progress in improving the financial position. - FY2017-Q3AdvancedAnnual report
「Total liabilities as of the end of the third quarter of the current consolidated fiscal year were ¥8,894.9 million, compared with ¥9,734.4 million at the end of the previous consolidated fiscal year. This represented a decrease of ¥839.5 million from the end of the previous consolidated fiscal year, mainly due to decreases in short-term borrowings and notes and accounts payable.」
Total liabilities decreased by ¥839.5 million from the end of the previous consolidated fiscal year, quantitatively demonstrating progress in improving the financial position through decreases in short-term borrowings and other items. - FY2017-Q2AdvancedAnnual report
「The decrease in cash from financing activities during the six months ended the second quarter of the current consolidated fiscal year was ¥4,567 million, compared with a decrease of ¥174 million in the corresponding period of the previous consolidated fiscal year. This was mainly due to a ¥4,724 million decrease in borrowings, among other factors.」
The ¥4,724 million decrease in borrowings during the six months ended the second quarter of the current consolidated fiscal year is presented as an achievement related to improving the financial position. - FY2016First statedAnnual report
「In addition, based on the above basic policy, the Group will strengthen its efforts to improve its financial position.」
This is described as an initiative under the medium-term management plan, alongside structural reform and the allocation of resources to growth areas.