Financial and liquidity risks arising from increased interest-bearing debt
First written in FY2025. 3 of 4 entries say "Worsened", first in 2026-05-08. Latest entry: 2026-08-07.
Seibu Giken moved to the "Worse" side of this theme in 2026, 5 years 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 "Worsened".
- 2026-08-07WorsenedEarnings presentation
「Interest-bearing debt*1 = short-term borrowings + current portion of long-term borrowings + long-term borrowings + lease obligations」
Interest-bearing debt, defined as the total of short-term borrowings and other items, was reported at ¥9,228 million, indicating increased financial exposure from ¥4,187 million at the end of the fiscal year ending December 2025. - FY2026-H1WorsenedAnnual report
「Total liabilities increased ¥1,445 million from the end of the previous fiscal year to ¥17,418 million. This was mainly due to a ¥5,100 million increase in short-term borrowings for working capital, dividend payments and treasury-share repurchases, along with decreases of ¥2,264 million in electronically recorded obligations and ¥947 million in contract liabilities.」
Short-term borrowings increased from ¥3,200 million to ¥8,300 million, expanding the exposure from borrowings and the related financial burden. No event in which new borrowing became difficult was reported. - 2026-05-08WorsenedEarnings presentation
「Interest-bearing debt*1 4,187 9,891」
Interest-bearing debt on the balance sheet increased from ¥4,187 million at the end of the fiscal year ending December 2025 to ¥9,891 million in the first quarter of the fiscal year ending December 2026. - FY2025First statedAnnual report
「As of 31 December 2025, the Group's interest-bearing debt comprised short-term borrowings of ¥3,200 million and long-term borrowings of ¥817 million, representing 8.3% of total assets. Because the Group uses interest-bearing debt in its operations, difficulty in obtaining new borrowings may affect its financial position and operating results.」
The Group newly discloses interest-bearing debt balances and their ratio to total assets as a standalone risk, stating that difficulty in obtaining new borrowings could affect its financial position and results.