Decline in Interest-Bearing Debt and Debt-to-Capital Ratio Following Business Restructuring
First written in FY2017-Q3. . Latest entry: FY2026.
28 other companies' latest entry also says "Other".
- FY2026Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital at the end of the consolidated fiscal year decreased by 0.05 points from the end of the previous fiscal year to 0.15x.」
Interest-bearing debt decreased to ¥1.009 trillion, and the ratio to total capital declined from 0.20x to 0.15x. - 2026-04-27OtherRevisions to earnings forecasts
「Interest-bearing debt decreased by ¥197.0 billion from the end of the previous fiscal year to ¥1.009 trillion, mainly due to the repayment of borrowings.」
Interest-bearing debt was ¥1.009 trillion and the D/E ratio was 0.15x, representing a decrease in both debt and the debt-to-equity ratio from the end of the previous fiscal year. - FY2026-H1Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital decreased by 0.01 points from the end of the previous fiscal year to 0.19x.」
Interest-bearing debt was ¥1.2084 trillion, and the ratio to total capital declined from 0.20x at the end of the previous fiscal year to 0.19x. - FY2025Debt ratio updatedAnnual report
「Interest-bearing debt at the end of the consolidated fiscal year increased by ¥26 billion from the end of the previous fiscal year to ¥1.2061 trillion. The ratio of interest-bearing debt to total capital was 0.20x, unchanged from the previous fiscal year.」
Interest-bearing debt was ¥1.2061 trillion, and the ratio to total capital was 0.20x, unchanged from the previous fiscal year. - FY2025-H1Debt ratio updatedAnnual report
「Interest-bearing debt, comprising total short-term borrowings and long-term debt including current maturities of long-term debt, increased by ¥349 billion from the end of the previous fiscal year to ¥1.529 trillion, in connection with increases in short-term borrowings and contract liabilities (customer advances), among other factors.」
Interest-bearing debt increased by ¥349 billion from the end of the previous fiscal year to ¥1.529 trillion, and the ratio of interest-bearing debt to total capital rose from 0.20x to 0.27x. - FY2024Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital at the end of the consolidated fiscal year decreased by 0.21 points from the end of the previous fiscal year to 0.20x.」
Interest-bearing debt decreased by ¥1.0333 trillion from the end of the previous fiscal year to ¥1.18 trillion, and the ratio to total capital declined from 0.41x to 0.20x. - FY2024-Q3Debt ratio updatedAnnual report
「Interest-bearing debt, comprising total short-term borrowings and long-term debt including current maturities of long-term debt, decreased by ¥458.7 billion from the end of the previous fiscal year to ¥1.7545 trillion. The ratio of interest-bearing debt to total capital was 0.32x, compared with 0.41x at the end of the previous fiscal year.」
Interest-bearing debt decreased by ¥458.7 billion from the end of the previous fiscal year to ¥1.7545 trillion, and the ratio to total capital declined from 0.41x to 0.32x. - FY2024-Q2Debt ratio updatedAnnual report
「Total capital increased by ¥490.1 billion from the end of the previous fiscal year to ¥5.8257 trillion, and the ratio of interest-bearing debt to total capital was 0.41x, unchanged from the end of the previous fiscal year.」
The ratio of interest-bearing debt to total capital was 0.41x, unchanged from the end of the previous fiscal year. Interest-bearing debt increased by ¥162.5 billion from the end of the previous fiscal year to ¥2.3758 trillion. - FY2024-Q1Debt ratio updatedAnnual report
「Interest-bearing debt, comprising total short-term borrowings and long-term debt including current maturities of long-term debt, increased by ¥205.7 billion from the end of the previous fiscal year to ¥2.4191 trillion, due to foreign exchange effects, among other factors. The ratio of interest-bearing debt to total capital was 0.43x, compared with 0.41x at the end of the previous fiscal year.」
Interest-bearing debt increased by ¥205.7 billion from the end of the previous fiscal year to ¥2.4191 trillion, and the ratio to total capital rose from 0.41x to 0.43x. - FY2023Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital at the end of the consolidated fiscal year decreased by 0.17 points from the end of the previous fiscal year to 0.41x.」
The interest-bearing debt ratio declined from 0.58x at the end of the previous fiscal year to 0.41x, and interest-bearing debt also decreased by ¥913.3 billion. - FY2023-Q3Debt ratio updatedAnnual report
「Interest-bearing debt, comprising total short-term borrowings and long-term debt including current maturities of long-term debt, decreased by ¥71.9 billion from the end of the previous fiscal year to ¥3.0547 trillion, as the decrease in current maturities of long-term debt and long-term debt outweighed the increase in short-term borrowings.」
Interest-bearing debt decreased by ¥71.9 billion from the end of the previous fiscal year to ¥3.0547 trillion. The ratio of interest-bearing debt to total capital rose from 0.58x at the end of the previous fiscal year to 0.59x. - FY2023-Q2Debt ratio updatedAnnual report
「Interest-bearing debt, comprising total short-term borrowings and long-term debt including current maturities of long-term debt, decreased by ¥321.9 billion from the end of the previous fiscal year to ¥2.8047 trillion, as both short-term borrowings and long-term debt declined. The ratio of interest-bearing debt to total capital was 0.51x, compared with 0.58x at the end of the previous fiscal year.」
Interest-bearing debt decreased by ¥321.9 billion from the end of the previous fiscal year to ¥2.8047 trillion, and the ratio to total capital declined from 0.58x to 0.51x. - FY2023-Q1Debt ratio updatedAnnual report
「Interest-bearing debt, comprising total short-term borrowings and long-term debt including current maturities of long-term debt, increased by ¥333.2 billion from the end of the previous fiscal year to ¥3.4599 trillion, due to an increase in short-term borrowings, among other factors. The ratio of interest-bearing debt to total capital was 0.61x, compared with 0.58x at the end of the previous fiscal year.」
Interest-bearing debt increased by ¥333.2 billion from the end of the previous fiscal year to ¥3.4599 trillion, and the ratio to total capital rose from 0.58x to 0.61x. - FY2022Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital at the end of the consolidated fiscal year increased by 0.04 points from the end of the previous fiscal year to 0.58x.」
The interest-bearing debt ratio rose from 0.54x at the end of the previous fiscal year to 0.58x, and interest-bearing debt was ¥3.1267 trillion. - FY2022-Q3Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.72x, compared with 0.54x at the end of the previous fiscal year.」
The ratio of interest-bearing debt to total capital rose from 0.54x at the end of the previous fiscal year to 0.72x, and interest-bearing debt was ¥3.5167 trillion. - FY2022-Q2Debt ratio updatedAnnual report
「Interest-bearing debt, comprising total short-term borrowings and long-term debt, increased by ¥916.2 billion from the end of the previous fiscal year to ¥3.3136 trillion, due to an increase in short-term borrowings. The ratio of interest-bearing debt to total capital was 0.70x, compared with 0.54x at the end of the previous fiscal year.」
Interest-bearing debt increased by ¥916.2 billion from the end of the previous fiscal year to ¥3.3136 trillion, and the ratio to total capital rose from 0.54x to 0.70x. - FY2022-Q1Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.56x, compared with 0.54x at the end of the previous fiscal year.」
The interest-bearing debt ratio rose from 0.54x at the end of the previous fiscal year to 0.56x, and interest-bearing debt was ¥2.5319 trillion. - FY2021Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital at the end of the consolidated fiscal year increased by 0.19 points from the end of the previous fiscal year to 0.54x.」
The interest-bearing debt ratio rose from 0.35x at the end of the previous fiscal year to 0.54x, and interest-bearing debt was ¥2.3973 trillion. - FY2021-Q3Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.71x, compared with 0.35x at the end of the previous fiscal year.」
The ratio of interest-bearing debt to total capital rose from 0.35x at the end of March 2020 to 0.71x. Interest-bearing debt was ¥2.6004 trillion. - FY2021-Q2Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.70x, compared with 0.35x at the end of the previous fiscal year.」
The interest-bearing debt ratio rose from 0.35x at the end of the previous fiscal year to 0.70x. Interest-bearing debt increased by ¥1.0258 trillion from the end of the previous fiscal year to ¥2.5108 trillion. - FY2021-Q1Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.66x, compared with 0.35x at the end of the previous fiscal year.」
The interest-bearing debt ratio rose from 0.35x to 0.66x, due to an increase in short-term borrowings, among other factors. Interest-bearing debt increased by ¥956.1 billion from the end of the previous fiscal year to ¥2.4412 trillion. - FY2020Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital increased by 0.12 points from the end of the previous fiscal year to 0.35x.」
The interest-bearing debt ratio rose from 0.23x at the end of the previous fiscal year to 0.35x. Interest-bearing debt was ¥1.485 trillion. - FY2020-Q3Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.36x, compared with 0.23x at the end of the previous fiscal year.」
The interest-bearing debt ratio rose from 0.23x to 0.36x, due to the impact of applying IFRS 16 and an increase in short-term borrowings, among other factors. - FY2020-Q1Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.31x, compared with 0.23x at the end of the previous fiscal year.」
The interest-bearing debt ratio rose from 0.23x to 0.31x. Interest-bearing debt increased by ¥372.7 billion from the end of the previous fiscal year, due to the impact of applying IFRS 16 and an increase in short-term borrowings. - FY2019-Q3Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.31x, compared with 0.23x at the end of the previous fiscal year.」
The ratio of interest-bearing debt to total capital rose from 0.23x at the end of the previous fiscal year to 0.31x. Interest-bearing debt increased by ¥274.5 billion from the end of the previous fiscal year to ¥1.3248 trillion. - FY2019-Q2Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.26x, compared with 0.23x at the end of the previous fiscal year.」
The ratio of interest-bearing debt to total capital rose from 0.23x at the end of the previous fiscal year to 0.26x. Interest-bearing debt increased by ¥151.1 billion from the end of the previous fiscal year to ¥1.2014 trillion. - FY2019-Q1Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.27x, compared with 0.23x at the end of the previous fiscal year.」
The ratio of interest-bearing debt to total capital rose from 0.23x at the end of the previous fiscal year to 0.27x. Interest-bearing debt increased by ¥158.2 billion from the end of the previous fiscal year to ¥1.2085 trillion. - FY2018Debt ratio updatedAnnual report
「The ratio of interest-bearing debt to total capital was 0.23x at the end of the consolidated fiscal year, compared with 0.29x at the end of the previous fiscal year.」
The ratio of interest-bearing debt to total capital declined from 0.29x to 0.23x. Interest-bearing debt also decreased by ¥126.3 billion from the end of the previous fiscal year. - FY2018-Q3Debt ratio updatedAnnual report
「Interest-bearing debt as a multiple of total equity was 0.28x, compared with 0.29x at the end of the previous fiscal year.」
Interest-bearing debt as a multiple of total equity declined from 0.29x at the end of the previous fiscal year to 0.28x. Interest-bearing debt increased by ¥70.3 billion from the end of the previous fiscal year to ¥1.2469 trillion. - FY2018-Q2Debt ratio updatedAnnual report
「Interest-bearing debt as a multiple of total equity was 0.29x, at the same level as at the end of the previous fiscal year.」
Interest-bearing debt as a multiple of total equity was 0.29x. Interest-bearing debt increased by ¥94.9 billion from the end of the previous fiscal year to ¥1.2715 trillion. - FY2018-Q1Debt ratio updatedAnnual report
「Interest-bearing debt as a multiple of total equity was 0.30x, compared with 0.29x at the end of the previous fiscal year.」
Interest-bearing debt as a multiple of total equity increased from 0.29x at the end of the previous fiscal year to 0.30x. Interest-bearing debt increased by ¥91.5 billion from the end of the previous fiscal year to ¥1.2681 trillion. - FY2017Debt ratio updatedAnnual report
「Interest-bearing debt as a multiple of total equity at the end of the consolidated fiscal year was 0.29x, compared with 0.87x at the end of the previous fiscal year.」
The interest-bearing debt ratio declined from 0.31x at the end of the third quarter to 0.29x, representing a substantial decline from the end of the previous fiscal year as well. - FY2017-Q3First statedAnnual report
「Interest-bearing debt as a multiple of total equity was 0.31x, compared with 0.87x at the end of the previous fiscal year.」
As a result of Hitachi Capital becoming an equity-method affiliate and other factors, interest-bearing debt decreased by ¥2.3408 trillion from the end of the previous fiscal year to ¥1.2636 trillion, and interest-bearing debt as a multiple of total equity also declined from 0.87x to 0.31x.