Increase in Borrowings After Acquisitions and Decline in Equity Ratio
First written in FY2017-Q2. . Latest entry: FY2026.
The whole theme swung hardest in 2026: 8 of 36 companies on the "Worse" side.
16 other companies' latest entry also says "Other".
- FY2026Full-year update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥26 million from the end of the previous consolidated fiscal year to ¥16,001 million, down 0.2% from the previous fiscal year. As a result, the equity ratio increased to 72.7%, up 1.9 percentage points from the end of the previous fiscal year.」
At the end of FY2026, liabilities decreased 0.2% year on year to ¥16,001 million, while the equity ratio increased 1.9 percentage points from the end of the previous fiscal year to 72.7%. - FY2026-H1Update to liabilities and equity ratio for the interim periodAnnual report
「Liabilities increased by ¥498 million from the end of the previous consolidated fiscal year to ¥16,525 million, up 3.1% from the end of the previous fiscal year. This was mainly due to increases of ¥376 million in notes and accounts payable, ¥317 million in deferred tax liabilities, and ¥304 million in advances received included in other current liabilities, despite a ¥444 million decrease in long-term borrowings. As a result, the equity ratio increased to 70.9%, up 0.1 percentage points from the end of the previous fiscal year.」
At the end of the interim period, liabilities increased 3.1% from the end of the previous fiscal year to ¥16,525 million, while the equity ratio was 70.9%. Long-term borrowings decreased, while trade payables, deferred tax liabilities and advances received increased. - FY2025Full-year update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥3,160 million from the end of the previous consolidated fiscal year to ¥16,027 million, down 16.5% from the previous fiscal year. This was mainly attributable to decreases of ¥1,378 million in electronically recorded obligations, ¥1,041 million in accounts payable and other current liabilities, and ¥939 million in long-term borrowings. As a result, the equity ratio increased to 70.8%, up 4.4 percentage points from the end of the previous fiscal year.」
At the end of FY2025, liabilities decreased 16.5% year on year, while the equity ratio rose from 66.4% to 70.8%. Long-term borrowings also decreased by ¥939 million. - FY2025-H1Update to liabilities and equity ratio for the interim periodAnnual report
「Liabilities decreased by ¥2,181 million from the end of the previous consolidated fiscal year to ¥17,006 million, down 11.4% from the end of the previous fiscal year. As a result, the equity ratio increased to 69.5%, up 3.1 percentage points from the end of the previous fiscal year.」
At the end of the interim period, liabilities decreased 11.4% from the end of the previous fiscal year due to decreases in electronically recorded obligations and notes and accounts payable, while the equity ratio rose to 69.5%. - FY2024Full-year update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥7,288 million from the end of the previous consolidated fiscal year to ¥19,187 million, up 61.3% from the previous fiscal year. This was mainly due to increases of ¥4,988 million in long-term borrowings, ¥754 million in deferred tax liabilities and ¥666 million in electronic liabilities. As a result, the equity ratio was 66.4%, down 6.7 percentage points from the end of the previous fiscal year.」
Liabilities increased 61.3% from the end of the previous fiscal year due to an increase in long-term borrowings associated with the construction of a new plant and other factors, while the equity ratio declined to 66.4%. - FY2024-Q3Third-quarter update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥507 million from the end of the previous consolidated fiscal year to ¥12,406 million, up 4.3% from the end of the previous fiscal year. As a result, the equity ratio was 73.4%, up 0.3% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were ¥12,406 million, up 4.3% from the end of the previous fiscal year, and the equity ratio was 73.4%. Increases in electronic liabilities, long-term borrowings and deferred tax liabilities were disclosed. - FY2024-Q2Second-quarter update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥1,042 million from the end of the previous consolidated fiscal year to ¥12,942 million, up 8.8% from the end of the previous fiscal year. As a result, the equity ratio was 72.3%, down 0.8% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were ¥12,942 million, up 8.8% from the end of the previous fiscal year, and the equity ratio was 72.3%. Increases in long-term borrowings, electronic liabilities and accrued income taxes were disclosed. - FY2024-Q1First-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥798 million from the end of the previous consolidated fiscal year to ¥11,100 million, down 6.7% from the end of the previous fiscal year.」
At the end of the first quarter, liabilities were ¥11,100 million, down 6.7% from the end of the previous fiscal year, and the equity ratio was 74.3%, up 1.2% from the end of the previous fiscal year. - FY2023Full-year update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥720 million from the end of the previous consolidated fiscal year to ¥11,899 million, up 6.4% from the previous fiscal year. As a result, the equity ratio was 73.1%, up 0.3% from the end of the previous fiscal year.」
At the end of FY2023, liabilities were ¥11,899 million, up 6.4% from the previous fiscal year, and the equity ratio was 73.1%, up 0.3 percentage points from the end of the previous fiscal year. - FY2023-Q3Third-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥443 million from the end of the previous consolidated fiscal year to ¥10,735 million, down 4.0% from the end of the previous fiscal year. As a result, the equity ratio was 74.3%, up 1.5% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were ¥10,735 million, down 4.0% from the end of the previous fiscal year, and the equity ratio was 74.3%. Liabilities declined due to a decrease in long-term borrowings and other factors, while the equity ratio increased. - FY2023-Q2Second-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥135 million from the end of the previous consolidated fiscal year to ¥11,043 million, down 1.2% from the end of the previous fiscal year. As a result, the equity ratio was 73.7%, up 0.9% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were ¥11,043 million, down 1.2% from the end of the previous fiscal year, and the equity ratio was 73.7%. - FY2023-Q1First-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥254 million from the end of the previous consolidated fiscal year to ¥10,924 million, down 2.3% from the end of the previous fiscal year. As a result, the equity ratio was 73.3%, up 0.5% from the end of the previous fiscal year.」
At the end of the first quarter, liabilities were ¥10,924 million, down 2.3% from the end of the previous fiscal year, and the equity ratio was 73.3%. - FY2022Full-year update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥726 million from the end of the previous consolidated fiscal year to ¥11,178 million, up 6.9% from the previous fiscal year.」
At fiscal year-end, liabilities were ¥11,178.934 million, up 6.9% from the end of the previous fiscal year, and the equity ratio was 72.8%. - FY2022-Q3Third-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥357 million from the end of the previous consolidated fiscal year to ¥10,095 million, down 3.4% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were ¥10,095 million, down 3.4% from the end of the previous fiscal year, and the equity ratio was 74.0%, up 1.2% from the end of the previous fiscal year. A decrease in long-term borrowings and other liabilities was cited as the main factor behind the decline in liabilities. - FY2022-Q2Second-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥282 million from the end of the previous consolidated fiscal year to ¥10,170 million, down 2.7% from the end of the previous fiscal year. This was mainly due to decreases of ¥250 million in other current liabilities and ¥205 million in long-term borrowings, despite a ¥132 million increase in the provision for bonuses. As a result, the equity ratio was 73.8%, up 1.0% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were ¥10,170 million, down 2.7% from the end of the previous fiscal year, and the equity ratio was 73.8%. Decreases in other current liabilities and long-term borrowings were cited as the main factors behind the decline in liabilities. - FY2022-Q1First-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥500 million from the end of the previous consolidated fiscal year to ¥9,952 million, down 4.8% from the end of the previous fiscal year. This was mainly due to decreases of ¥398 million in accrued income taxes and ¥382 million in other current liabilities, despite a ¥338 million increase in the provision for bonuses. As a result, the equity ratio was 73.7%, up 0.8% from the end of the previous fiscal year.」
At the end of the first quarter, liabilities were ¥9,952 million, down 4.8% from the end of the previous fiscal year, and the equity ratio was 73.7%. The company disclosed a decline in liabilities and an increase in the equity ratio. - FY2021-Q3Third-quarter update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥343 million from the end of the previous consolidated fiscal year to ¥9,462 million, up 3.8% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were ¥9,463 million, up 3.8% from the end of the previous fiscal year, and the equity ratio was 73.8%, up 0.3% from the end of the previous fiscal year. - FY2021-Q2Second-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥234 million from the end of the previous consolidated fiscal year to ¥8,885 million, down 2.6% from the end of the previous fiscal year. As a result, the equity ratio was 74.3%, up 0.8% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were ¥8,885 million, down 2.6% from the end of the previous fiscal year, and the equity ratio was 74.3%. - FY2021-Q1First-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥173 million from the end of the previous consolidated fiscal year to ¥8,946 million, down 1.9% from the end of the previous fiscal year.」
At the end of the first quarter, liabilities were ¥8,946 million, down 1.9% from the end of the previous fiscal year, and the equity ratio was 73.8%, up 0.2% from the end of the previous fiscal year. - FY2020Full-year update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥1,088 million from the end of the previous consolidated fiscal year to ¥9,119 million, down 10.7% from the previous fiscal year. As a result, the equity ratio was 73.6%, up 2.5% from the end of the previous fiscal year.」
At fiscal year-end, liabilities were ¥9,119 million, down 10.7% from the end of the previous fiscal year, and the equity ratio was 73.6%. - FY2020-Q3Third-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥1,279 million from the end of the previous consolidated fiscal year to ¥8,927 million, down 12.5% from the end of the previous fiscal year. As a result, the equity ratio was 73.8%, up 2.8% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were ¥8,927 million, down 12.5% from the end of the previous fiscal year, and the equity ratio was 73.8%. The company disclosed a decline in liabilities and an increase in the equity ratio. - FY2020-Q2Second-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥1,155 million from the end of the previous consolidated fiscal year to ¥9,052 million, down 11.3% from the end of the previous fiscal year. As a result, the equity ratio was 73.3%, up 2.3% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were ¥9,052 million, down 11.3% from the end of the previous fiscal year, and the equity ratio was 73.3%. - FY2020-Q1First-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥104 million from the end of the previous consolidated fiscal year to ¥10,102 million, down 1.0% from the end of the previous fiscal year. As a result, the equity ratio was 71.2%, up 0.2% from the end of the previous fiscal year.」
At the end of the first quarter, liabilities were ¥10,102 million, down 1.0% from the end of the previous fiscal year, and the equity ratio was 71.2%. - FY2019Full-year update to liabilities and the equity ratioAnnual report
「As a result, the equity ratio was 71.0%, down 1.4% from the end of the previous fiscal year.」
At fiscal year-end, liabilities were ¥10,207.55 million, up 11.2% from the end of the previous fiscal year, and the equity ratio was 71.0%. - FY2019-Q3Third-quarter update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥175 million from the end of the previous consolidated fiscal year to ¥9,354 million, up 1.9% from the end of the previous fiscal year. This was mainly due to increases of ¥253 million in long-term borrowings and ¥242 million in notes and accounts payable, despite a ¥250 million decrease in the provision for bonuses. As a result, the equity ratio was 72.3%, down 0.1% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were ¥9,354 million, up 1.9% from the end of the previous fiscal year, and the equity ratio was 72.3%. Long-term borrowings and notes and accounts payable increased. - FY2019-Q2Second-quarter update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥166 million from the end of the previous consolidated fiscal year to ¥9,345 million, up 1.8% from the end of the previous fiscal year. As a result, the equity ratio was 72.3%, down 0.1% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were ¥9,345 million, up 1.8% from the end of the previous fiscal year, and the equity ratio was 72.3%. - FY2019-Q1First-quarter update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥151 million from the previous consolidated fiscal year to ¥9,329 million, up 1.6% from the end of the previous fiscal year. As a result, the equity ratio was 72.1%, down 0.3% from the end of the previous fiscal year.」
At the end of the first quarter, liabilities were ¥9,329 million, up 1.6% from the end of the previous fiscal year, and the equity ratio was 72.1%. - FY2018-Q3Third-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥92 million from the previous consolidated fiscal year to ¥8,409 million, down 1.1% from the end of the previous fiscal year. As a result, the equity ratio was 73.5%, up 0.6% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were ¥8,409 million, down 1.1% from the end of the previous fiscal year, and the equity ratio was 73.5%. - FY2018-Q2Second-quarter update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥326 million from the previous consolidated fiscal year to ¥8,828 million, up 3.8% from the end of the previous fiscal year. This was mainly due to increases of ¥405 million in electronic liabilities and ¥107 million in the provision for bonuses, despite decreases of ¥116 million in accrued income taxes and ¥105 million in long-term borrowings. As a result, the equity ratio was 72.4%, down 0.5% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were ¥8,828 million, up 3.8% from the end of the previous fiscal year, and the equity ratio was 72.4%. Long-term borrowings decreased, while electronic liabilities and the provision for bonuses increased. - FY2018-Q1First-quarter update to liabilities and the equity ratioAnnual report
「Liabilities decreased by ¥44 million from the previous consolidated fiscal year to ¥8,457 million, down 0.5% from the end of the previous fiscal year. As a result, the equity ratio was 72.9%, a slight increase from the end of the previous fiscal year.」
At the end of the first quarter, liabilities were ¥8,457 million, down 0.5% from the end of the previous fiscal year, and the equity ratio was 72.9%. Liabilities decreased 0.5% from the end of the previous fiscal year, while the equity ratio edged up. - FY2017Full-year update to liabilities and the equity ratioAnnual report
「Liabilities increased by ¥2,629 million from the end of the previous consolidated fiscal year to ¥8,501 million, up 44.8% year on year. …As a result, the equity ratio was 72.9%, down 8.1% from the end of the previous fiscal year.」
At fiscal year-end, liabilities were ¥8,501.95 million, up 44.8% year on year, and the equity ratio was 72.9%. The increase was accompanied by higher long-term borrowings and other liabilities. - FY2017-Q3Update to the latest liabilities and equity ratio figuresAnnual report
「Liabilities increased by ¥2,296 million from the previous consolidated fiscal year to ¥8,168 million, up 39.1% from the end of the previous fiscal year. This was mainly due to increases of ¥1,374 million in electronic liabilities, ¥1,370 million in long-term borrowings, ¥210 million in the current portion of long-term borrowings and ¥150 million in short-term borrowings, despite a ¥762 million decrease in notes and accounts payable. As a result, the equity ratio was 73.1%, down 7.9% from the end of the previous fiscal year.」
At the end of the third quarter, liabilities were up 39.1% from the end of the previous fiscal year to ¥8,168 million, and the equity ratio was 73.1%. The company disclosed the latest figures for increases in borrowings and other liabilities and the decline in the equity ratio. - FY2017-Q2First statedAnnual report
「Liabilities increased by ¥1,904 million from the previous consolidated fiscal year to ¥7,777 million, up 32.4% from the end of the previous fiscal year. This was mainly due to increases of ¥1,422 million in long-term borrowings, ¥350 million in electronic liabilities, ¥150 million in short-term borrowings and ¥210 million in the current portion of long-term borrowings, despite a ¥322 million decrease in notes and accounts payable. As a result, the equity ratio was 73.6%, down 7.4% from the end of the previous fiscal year.」
At the end of the second quarter, liabilities were up 32.4% from the end of the previous fiscal year, while the equity ratio was 73.6%. The company disclosed increases in long-term borrowings and other liabilities, as well as changes in the asset and liability composition associated with the acquisition of Figaro Giken.