Strengthening the financial position by reducing trade receivables and inventories
First written in FY2018. 7 of 27 entries say "Worsened", first in FY2020-Q1. Latest entry: FY2027-H1.
Hoden Seimitsu Kako Kenkyusho moved to the "Worse" side of this theme in 2020, 6 years before the typical company in this theme (2026).
The whole theme swung hardest in 2023: 3 of 15 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2027-H1Short-term borrowings increased while long-term borrowings declinedAnnual report
「Current liabilities at the end of the current interim consolidated accounting period increased by ¥436 million from the end of the previous consolidated fiscal year to ¥5,474 million. The main factors were a ¥426 million decrease in electronically recorded obligations, a ¥616 million increase in short-term borrowings, and a ¥257 million increase in income taxes payable. Non-current liabilities decreased by ¥377 million from the end of the previous consolidated fiscal year to ¥3,912 million. The main factors were a ¥217 million decrease in long-term borrowings and a ¥136 million decrease in lease obligations.」
While short-term borrowings increased by ¥616 million, long-term borrowings decreased by ¥217 million. The increase in current liabilities coexisted with a decrease in non-current liabilities. - 2026-07-07OtherEarnings
「The main factors were an increase of ¥458 million in short-term borrowings, a decrease of ¥243 million in electronically recorded obligations, and an increase of ¥231 million in the provision for bonuses.」
At the end of the first quarter, short-term borrowings increased while long-term borrowings declined by ¥108 million, indicating a change in the composition of borrowings. - FY2026Concurrent decline in short-term borrowings and increase in long-term borrowingsAnnual report
「Current liabilities at the end of the current consolidated fiscal year decreased by ¥565 million from the end of the previous consolidated fiscal year to ¥5,038 million. The main factors were a ¥186 million increase in notes and accounts payable, a ¥1,234 million decrease in short-term borrowings, a ¥146 million increase in lease obligations, and an ¥87 million increase in the provision for bonuses. Non-current liabilities increased by ¥606 million from the end of the previous consolidated fiscal year to ¥4,290 million. The main factors were a ¥264 million increase in long-term borrowings, a ¥593 million increase in lease obligations, and a ¥377 million decrease in retirement benefit liabilities.」
Current liabilities decreased due to a ¥1,234 million decrease in short-term borrowings, while non-current liabilities increased due to a ¥264 million increase in long-term borrowings and higher lease obligations. Improvement in the financial position coexisted with a change in the borrowing structure. - FY2026-H1Concurrent decline in short-term borrowings and increase in long-term borrowingsAnnual report
「Current liabilities decreased by ¥805 million from the end of the previous consolidated fiscal year to ¥4,797 million. The main factors were a ¥301 million increase in electronically recorded obligations, a ¥1,406 million decrease in short-term borrowings, and an ¥84 million increase in income taxes payable. Non-current liabilities increased by ¥700 million from the end of the previous consolidated fiscal year to ¥4,384 million. The main factors were a ¥537 million increase in long-term borrowings and a ¥152 million increase in lease obligations.」
While short-term borrowings decreased by ¥1,406 million, long-term borrowings increased by ¥537 million. Current liabilities decreased, but non-current liabilities increased, with improvement in the financial position coexisting with a change in the borrowing structure. - FY2025-H1AdvancedAnnual report
「Current liabilities at the end of the current interim consolidated accounting period decreased by ¥1,028 million from the end of the previous consolidated fiscal year to ¥5,702 million. The main factors were a ¥262 million decrease in notes and accounts payable, a ¥397 million increase in electronically recorded obligations, and a ¥1,189 million decrease in short-term borrowings. Non-current liabilities decreased by ¥0 million from the end of the previous consolidated fiscal year to ¥4,014 million. The main factors were a ¥207 million decrease in long-term borrowings and a ¥188 million increase in lease obligations.」
Regarding the repayment of borrowings identified as a means of strengthening the financial position, the disclosure cited decreases of ¥1,189 million in short-term borrowings and ¥207 million in long-term borrowings, with current liabilities also decreasing by ¥1,028 million. - FY2025-Q1AdvancedAnnual report
「Current liabilities at the end of the first quarter of the current consolidated accounting period decreased by ¥1,254 million from the end of the previous consolidated fiscal year to ¥5,475 million. The main factors were a ¥183 million decrease in notes and accounts payable, a ¥105 million increase in electronically recorded obligations, and a ¥1,142 million decrease in short-term borrowings. Non-current liabilities decreased by ¥8 million from the end of the previous consolidated fiscal year to ¥4,006 million. The main factors were a ¥100 million decrease in long-term borrowings and an ¥89 million increase in lease obligations.」
Regarding the repayment of borrowings identified as a means of strengthening the financial position, the disclosure cited decreases of ¥1,142 million in short-term borrowings and ¥100 million in long-term borrowings, with both current and non-current liabilities also decreasing. - FY2024RestatedAnnual report
「Our group will strengthen its financial position by generating internal funds through the reduction of trade receivables and inventories and by proceeding with the repayment of borrowings. With respect to trade receivables, we have implemented a receivables securitization scheme with the cooperation of customers and financial institutions, and plan to expand it further.」
Continued the policy of strengthening the financial position through reducing trade receivables and inventories, expanding receivables securitization, and repaying borrowings. - FY2024-Q3RestatedAnnual report
「Current liabilities at the end of the third quarter of the current consolidated accounting period increased by ¥944 million from the end of the previous consolidated fiscal year to ¥7,027 million. The main factors were a ¥600 million decrease in notes and accounts payable, a ¥546 million increase in electronically recorded obligations, and a ¥927 million increase in short-term borrowings. Non-current liabilities increased by ¥9 million from the end of the previous consolidated fiscal year to ¥3,873 million. The main factors were a ¥125 million decrease resulting from the repayment of long-term borrowings, a ¥95 million increase in lease obligations, and a ¥39 million increase in retirement benefit liabilities.」
The ¥927 million increase in short-term borrowings coexisted with the ¥125 million repayment of long-term borrowings, and current liabilities increased by ¥944 million. The disclosure simultaneously described improvement in the financial position through repayment of borrowings and an increase in short-term liabilities. - FY2024-Q2RestatedAnnual report
「Current liabilities at the end of the second quarter of the current consolidated accounting period increased by ¥360 million from the end of the previous consolidated fiscal year to ¥6,444 million.」
While repayment of long-term borrowings progressed, current liabilities increased due to higher short-term borrowings, with progress in strengthening the financial position coexisting with an increase in liabilities. - FY2024-Q1RestatedAnnual report
「Current liabilities at the end of the first quarter of the current consolidated accounting period increased by ¥346 million from the end of the previous consolidated fiscal year to ¥6,429 million. The main factors were a ¥393 million increase in short-term borrowings and a ¥149 million increase in the provision for bonuses. Non-current liabilities decreased by ¥124 million from the end of the previous consolidated fiscal year to ¥3,740 million. The main factor was a ¥91 million decrease resulting from the repayment of long-term borrowings.」
The ¥393 million increase in short-term borrowings coexisted with the ¥91 million repayment of long-term borrowings, and both repayment of borrowings to improve the financial position and an increase in short-term liabilities were described. - FY2023-Q3Concurrent increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Current liabilities at the end of the third quarter of the current consolidated accounting period increased by ¥850 million from the end of the previous consolidated fiscal year to ¥5,692 million. The main factors were a ¥1,160 million increase in short-term borrowings, a ¥247 million decrease in income taxes payable, and a ¥155 million increase in other liabilities. Non-current liabilities decreased by ¥470 million from the end of the previous consolidated fiscal year to ¥3,978 million. The main factor was a ¥464 million decrease resulting from the repayment of long-term borrowings.」
While short-term borrowings increased by ¥1,160 million, long-term borrowings decreased by ¥464 million. Improvement in the financial position through repayment of borrowings continued to coexist with an increase in short-term liabilities. - FY2023-Q2RestatedAnnual report
「Current liabilities at the end of the second quarter of the current consolidated accounting period increased by ¥32 million from the end of the previous consolidated fiscal year to ¥4,874 million. The main factors were a ¥609 million increase in short-term borrowings, a ¥225 million decrease in income taxes payable, and a ¥239 million decrease in consumption taxes payable included in other liabilities. Non-current liabilities decreased by ¥392 million from the end of the previous consolidated fiscal year to ¥4,056 million. The main factor was a ¥373 million decrease resulting from the repayment of long-term borrowings.」
The ¥609 million increase in short-term borrowings coexisted with the ¥373 million repayment of long-term borrowings. As in the previous quarter, the disclosure described both improvement in the financial position through repayment of borrowings and an increase in short-term liabilities. - FY2023-Q1Concurrent increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Current liabilities at the end of the first quarter of the current consolidated accounting period increased by ¥424 million from the end of the previous consolidated fiscal year to ¥5,266 million. The main factors were a ¥658 million increase in short-term borrowings and a ¥236 million decrease in income taxes payable. Non-current liabilities decreased by ¥208 million from the end of the previous consolidated fiscal year to ¥4,240 million. The main factor was a ¥197 million decrease resulting from the repayment of long-term borrowings.」
While ¥197 million in long-term borrowings was repaid, short-term borrowings increased by ¥658 million and current liabilities increased by ¥424 million. Improvement in the financial position coexisted with an increase in short-term liabilities. - FY2022MitigatedAnnual report
「Total liabilities at the end of the current consolidated fiscal year were ¥9,290 million, a decrease of ¥1,148 million from the end of the previous consolidated fiscal year.」
Total liabilities decreased by ¥1,148 million, mainly due to decreases of ¥913 million in short-term borrowings, ¥983 million in long-term borrowings, and ¥132 million in lease obligations. Cash flow from operating activities was also ¥1,882 million, indicating progress throughout the fiscal year in strengthening the financial position through repayment of borrowings. - FY2022-Q3MitigatedAnnual report
「Current liabilities at the end of the third quarter of the current consolidated accounting period increased by ¥271 million from the end of the previous consolidated fiscal year to ¥5,502 million. The main factors were a ¥163 million increase in notes and accounts payable, a ¥541 million increase in income taxes payable, and a ¥789 million decrease in short-term borrowings. Non-current liabilities decreased by ¥806 million from the end of the previous consolidated fiscal year to ¥4,401 million. The main factor was a ¥743 million decrease resulting from the repayment of long-term borrowings.」
Short-term borrowings decreased by ¥789 million, and long-term borrowings also decreased by ¥743 million through repayment. The company shifted from the increase in short-term and long-term liabilities seen through the previous quarter to a position in which borrowings were repaid and liabilities reduced. - FY2022-Q2Concurrent repayment of long-term borrowings and increase in short-term borrowingsAnnual report
「Current liabilities at the end of the second quarter of the current consolidated accounting period increased by ¥1,317 million from the end of the previous consolidated fiscal year to ¥6,548 million. The main factors were a ¥610 million increase in short-term borrowings and a ¥200 million increase in deposits received included in other liabilities. Non-current liabilities decreased by ¥555 million from the end of the previous consolidated fiscal year to ¥4,652 million. The main factor was a ¥503 million decrease resulting from the repayment of long-term borrowings.」
While long-term borrowings decreased by ¥503 million, short-term borrowings increased by ¥610 million and current liabilities increased by ¥1,317 million. Strengthening the financial position through repayment of borrowings coexisted with an increase in short-term liabilities. - FY2022-Q1WorsenedAnnual report
「Current liabilities at the end of the first quarter of the current consolidated accounting period increased by ¥1,317 million from the end of the previous consolidated fiscal year to ¥6,548 million. The main factors were a ¥1,110 million increase in short-term borrowings and a ¥201 million increase in deposits received included in other liabilities. Non-current liabilities decreased by ¥260 million from the end of the previous consolidated fiscal year to ¥4,947 million. The main factor was a ¥239 million decrease resulting from the repayment of long-term borrowings.」
While long-term borrowings decreased by ¥239 million, short-term borrowings increased by ¥1,110 million and current liabilities increased by ¥1,317 million. The increase in liabilities has continued from the previous period, when strengthening the financial position through repayment of borrowings was the stated policy. - FY2021-Q3WorsenedAnnual report
「Current liabilities at the end of the third quarter of the current consolidated accounting period increased by ¥939 million from the end of the previous consolidated fiscal year to ¥5,366 million. The main factors were an ¥885 million increase in short-term borrowings, a ¥229 million increase in accrued expenses included in other liabilities, and a ¥173 million decrease in the provision for bonuses. Non-current liabilities increased by ¥360 million from the end of the previous consolidated fiscal year to ¥5,701 million. The main factor was a ¥399 million increase in lease obligations.」
Both current and non-current liabilities increased, mainly due to an ¥885 million increase in short-term borrowings and a ¥399 million increase in lease obligations. The increase in liabilities has continued from the previous situation, when strengthening the financial position through repayment of borrowings was the stated policy. - FY2021-Q2WorsenedAnnual report
「The main factors were a ¥953 million increase in short-term borrowings and a ¥112 million decrease in the provision for bonuses.」
Short-term borrowings increased by ¥953 million, while long-term borrowings increased by ¥277 million and lease obligations by ¥436 million among non-current liabilities. The increase in liabilities has continued from the previous situation, when strengthening the financial position through repayment of borrowings was the stated policy. - FY2021-Q1WorsenedAnnual report
「Current liabilities at the end of the first quarter of the current consolidated accounting period increased by ¥720 million from the end of the previous consolidated fiscal year to ¥5,148 million. The main factors were a ¥146 million increase in provision for bonuses and a ¥414 million increase in short-term borrowings. Non-current liabilities increased by ¥324 million from the end of the previous consolidated fiscal year to ¥5,666 million. The main factors were a ¥177 million increase in long-term borrowings and a ¥157 million increase in lease obligations.」
While the previous year described strengthening the financial position through repayment of borrowings, liabilities increased, including short-term borrowings of ¥414 million and long-term borrowings of ¥177 million. - FY2020-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current accounting period increased by ¥2,398 million from the end of the previous fiscal year to ¥9,506 million. Of this amount, current liabilities increased by ¥1,322 million from the end of the previous fiscal year to ¥4,993 million. The main factors were a ¥1,287 million increase in short-term borrowings, a ¥255 million decrease in income taxes payable, and a ¥431 million increase in accrued expenses included in other liabilities. Non-current liabilities increased by ¥1,075 million from the end of the previous fiscal year to ¥4,513 million. The main factor was a ¥1,072 million increase in long-term borrowings.」
While the previous year described strengthening the financial position through repayment of borrowings, at the end of the third quarter of the current fiscal year short-term borrowings increased by ¥1,287 million, long-term borrowings by ¥1,072 million, and total liabilities by ¥2,398 million. - FY2020-Q2WorsenedAnnual report
「Current liabilities at the end of the second quarter of the current accounting period increased by ¥764 million from the end of the previous fiscal year to ¥4,435 million. The main factors were an ¥887 million increase in short-term borrowings and a ¥232 million decrease in income taxes payable. Non-current liabilities increased by ¥805 million from the end of the previous fiscal year to ¥4,242 million. The main factor was a ¥778 million increase in long-term borrowings.」
While the previous year described an improvement in the financial position through repayment of long-term borrowings, short-term borrowings increased by ¥887 million and long-term borrowings by ¥778 million in the current quarter, with both current and non-current liabilities increasing. - FY2020-Q1WorsenedAnnual report
「Non-current liabilities increased by ¥869 million from the end of the previous consolidated fiscal year to ¥4,574 million. The main factor was a ¥943 million increase in long-term borrowings.」
While the previous year described repayment of long-term borrowings and an improvement in the financial position, long-term borrowings increased by ¥943 million from the end of the previous consolidated fiscal year in the current quarter, and non-current liabilities also increased by ¥869 million. - FY2019AdvancedAnnual report
「Our group will strengthen its financial position by generating internal funds through the reduction of trade receivables and inventories and by proceeding with the repayment of borrowings.」
Repayment of ¥622 million in long-term borrowings during the full fiscal year reduced the balance at fiscal year-end by ¥572 million from the end of the previous fiscal year. The equity ratio also increased to 50.51%, indicating progress in strengthening the financial position. - FY2019-Q3AdvancedAnnual report
「The main factors were a ¥288 million increase in cash and deposits, a ¥76 million decrease in notes and accounts receivable, a ¥44 million increase in electronically recorded monetary claims, an ¥85 million increase in work in process, and a ¥72 million increase in raw materials and supplies. Non-current liabilities decreased by ¥475 million from the end of the previous consolidated fiscal year to ¥3,726 million. The main factors were a ¥424 million decrease in long-term borrowings and a ¥38 million decrease in lease obligations.」
Regarding the repayment of borrowings identified as a means of strengthening the financial position, long-term borrowings at the end of the third quarter decreased by ¥424 million from the end of the previous consolidated fiscal year. Notes and accounts receivable also decreased by ¥76 million. - FY2019-Q2AdvancedAnnual report
「Funds used in financing activities amounted to ¥490 million (compared with ¥182 million in funds generated in the same period). This was mainly attributable to a net decrease of ¥313 million in long-term borrowings and ¥108 million in dividend payments.」
Regarding the repayment of borrowings identified as a means of strengthening the financial position, net long-term borrowings decreased by ¥313 million during the cumulative second-quarter period and by ¥300 million from the end of the previous consolidated fiscal year. - FY2018First statedAnnual report
「The Group will generate internal funds by reducing trade receivables and inventories and strengthen its financial position by repaying borrowings and taking other measures. With respect to trade receivables, the Group securitizes receivables with the cooperation of customers and financial institutions and plans to expand the program further. With respect to inventories, the Group will set appropriate inventory levels and work to avoid holding excess inventory.」
The filing described measures to strengthen the financial position through expanded receivables securitization, appropriate inventory levels, control of excess inventory and repayment of borrowings.