Dependence on Interest-Bearing Debt and Funding and Interest-Rate Risk
First written in FY2016. 12 of 23 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2026.
Charm Care moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
83 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Interest-bearing debt balance (¥ millions) 10,332 Total assets (¥ millions) 52,810 Interest-bearing debt ratio (%) 19.6」
The interest-bearing debt balance decreased from ¥13,455 million at the end of the previous consolidated fiscal year to ¥10,332 million, and the interest-bearing debt ratio was 19.6%. Financing and interest rate risk remain, but financial exposure has decreased. - FY2026-H1MitigatedAnnual report
「Short-term borrowings 5,787 5,807 Current portion of long-term borrowings 1,114 1,034 Long-term borrowings 6,175 5,692」
Total short-term borrowings, the current portion of long-term borrowings and long-term borrowings decreased from ¥13,076 million at the end of the previous consolidated fiscal year to ¥12,533 million, reducing borrowing exposure related to financing and interest rate risk. - FY2025-H1WorsenedAnnual report
「Short-term borrowings 4,667 6,361 Current portion of long-term borrowings 904 1,174 Long-term borrowings 5,122 7,200」
Compared with the end of the previous consolidated fiscal year, short-term borrowings, the current portion of long-term borrowings and long-term borrowings all increased. Total borrowings increased from ¥10,693 million to ¥14,735 million, increasing exposure to financing and interest rate risk. - FY2024MitigatedAnnual report
「Balance of interest-bearing debt (¥ million) 10,877 Total assets (¥ million) 47,339 Interest-bearing debt ratio (%) 23.0」
The balance of interest-bearing debt declined from ¥13,160 million at the end of the previous consolidated fiscal year to ¥10,877 million, and the ratio declined from 29.1% to 23.0%. Although financing and interest rate increase risks continue, financial exposure has decreased. - FY2024-Q3WorsenedAnnual report
「Short-term borrowings 5,374 8,526 Current portion of long-term borrowings 955 908 Long-term borrowings 6,597 7,246」
Compared with the end of the previous consolidated fiscal year, total borrowings increased from ¥12,926 million to ¥16,680 million. In particular, short-term borrowings increased from ¥5,374 million to ¥8,526 million, increasing exposure to financing and interest rate increase risks. - FY2024-Q2WorsenedAnnual report
「Short-term borrowings 5,374 6,999 Current portion of long-term borrowings 955 951 Long-term borrowings 6,597 6,294」
Short-term borrowings increased from ¥5,374 million to ¥6,999 million. Total borrowings, including the current portion of long-term borrowings, also increased from ¥12,926 million at the end of the previous consolidated fiscal year to ¥14,244 million, increasing exposure to financing and interest rate increase risks. - FY2024-Q1WorsenedAnnual report
「Short-term borrowings 5,374 5,896 Current portion of long-term borrowings 955 945 Long-term borrowings 6,597 6,350」
Compared with the end of the previous consolidated fiscal year, short-term borrowings increased. Total borrowings, including the current portion of long-term borrowings, increased from ¥12,926 million to ¥13,191 million, increasing exposure to financing and interest rate increase risks. - FY2023-Q3WorsenedAnnual report
「Short-term borrowings 2,140 6,475 Current portion of long-term borrowings 1,177 1,036 Long-term borrowings 7,336 6,725」
Short-term borrowings increased from ¥2,140 million to ¥6,475 million. Although long-term borrowings and other borrowings partly declined, total interest-bearing debt increased from approximately ¥10.65 billion at the end of the previous consolidated fiscal year to approximately ¥14.24 billion, increasing exposure to financing and interest rate increase risks. - FY2023-Q2WorsenedAnnual report
「Short-term borrowings 2,140 5,964 Current portion of long-term borrowings 1,177 1,080 Long-term borrowings 7,336 6,776」
Short-term borrowings increased from ¥2,140 million to ¥5,964 million. Although long-term borrowings, including the current portion, declined, total interest-bearing debt increased from approximately ¥10.65 billion at the end of the previous consolidated fiscal year to approximately ¥13.82 billion, increasing exposure to financing risk. - FY2023-Q1WorsenedAnnual report
「Short-term borrowings 2,140 3,446 Current portion of long-term borrowings 1,177 1,127 Long-term borrowings 7,336 7,030」
Short-term borrowings increased, and total interest-bearing debt comprising the current portion of long-term borrowings and long-term borrowings also increased from the end of the previous consolidated fiscal year. Exposure to borrowing-related financing and interest rate increase risks is increasing. - FY2022WorsenedAnnual report
「Balance of interest-bearing debt (¥ thousand) 10,880,530 Total assets (¥ thousand) 37,355,446 Interest-bearing debt ratio (%) 29.1」
The balance of interest-bearing debt increased from ¥8,311,635 thousand at the end of the previous consolidated fiscal year to ¥10,880,530 thousand. The interest-bearing debt ratio was 29.1%, and financing and interest rate increase risks continue to be disclosed. - FY2022-Q3WorsenedAnnual report
「Short-term borrowings 2,543,000 1,640,000 Current portion of long-term borrowings 862,878 1,365,235 Long-term borrowings 4,651,806 7,945,421」
Short-term borrowings declined, while the current portion of long-term borrowings and long-term borrowings increased. Total interest-bearing debt increased from approximately ¥8.06 billion at the end of the previous consolidated fiscal year to approximately ¥10.95 billion, increasing exposure to financing risk. - FY2022-Q2WorsenedAnnual report
「Short-term borrowings 2,543,000 3,402,000 Current portion of long-term borrowings 862,878 1,437,016 Long-term borrowings 4,651,806 8,788,593」
Compared with the end of the previous consolidated fiscal year, short-term borrowings, the current portion of long-term borrowings and long-term borrowings all increased. Exposure to borrowing-related financing and interest-bearing debt dependence risks is increasing. - FY2022-Q1Increase in borrowingsAnnual report
「Short-term borrowings 2,543,000 2,654,000 Current portion of long-term borrowings 862,878 838,737 Long-term borrowings 4,651,806 5,176,613」
Short-term borrowings increased from ¥2,543,000 thousand to ¥2,654,000 thousand, and long-term borrowings, including the current portion, also increased. Although the equity ratio declined, the interest-bearing debt ratio was not disclosed for the quarter. - FY2021MitigatedAnnual report
「Balance of interest-bearing debt (¥ thousand) 8,311,635 Total assets (¥ thousand) 28,597,605 Interest-bearing debt ratio (%) 29.1」
The consolidated interest-bearing debt ratio was 29.1%, down from the previous standalone figure of 36.9%. Financing and interest rate increase risks continue to be disclosed. - FY2019MitigatedAnnual report
「Balance of interest-bearing debt (¥ thousand) 7,259,939 6,945,040 Total assets (¥ thousand) 17,213,822 18,805,136 Interest-bearing debt ratio (%) 42.2 36.9」
The balance of interest-bearing debt declined from ¥7,259,939 thousand to ¥6,945,040 thousand, and the ratio declined from 42.2% to 36.9%. Financing and interest rate increase risks continue to be disclosed. - FY2018RestatedAnnual report
「Although the company is working to curb increases in interest-bearing debt for the opening of new homes through measures such as having landowners construct buildings and then leasing the buildings under a master lease arrangement, interest-bearing debt dependence is expected to remain relatively high for the time being due to the effects to date.」
The interest-bearing debt ratio declined from 49.3% to 42.2%, while the balance of interest-bearing debt increased from ¥6,606,804 thousand to ¥7,259,939 thousand, with the company continuing to face high dependence and financing and interest rate increase risks. - FY2017RestatedAnnual report
「Although the company is working to curb increases in interest-bearing debt for the opening of new homes through measures such as having landowners construct buildings and then leasing the buildings under a master lease arrangement, interest-bearing debt dependence is expected to remain relatively high for the time being due to the effects to date.」
The interest-bearing debt ratio declined from 53.4% to 49.3%, but the balance of interest-bearing debt increased from ¥6,124,701 thousand to ¥6,606,804 thousand, and the company explained that dependence remained high. - FY2016First statedAnnual report
「Although the company is working to curb increases in interest-bearing debt through measures such as having landowners construct buildings and then leasing the buildings under a master lease arrangement, interest-bearing debt dependence is expected to remain relatively high for the time being due to the effects to date.」
The interest-bearing debt ratio was 53.4% at the end of the fiscal year, with difficulty in raising funds and increased costs due to higher market interest rates identified as risks.