Interest-Bearing Debt, Interest Rate and Financing Risks
First written in FY2019. 15 of 23 entries say "Worsened", first in FY2020-Q3. Latest entry: 2026-09-28.
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
- FY2026-H1MitigatedAnnual report
「This was mainly due to decreases of ¥1,680 million in borrowings and ¥100 million in lease liabilities resulting from repayments, among other factors.」
Total liabilities at the end of the interim period decreased by ¥1,829 million from the end of the previous consolidated fiscal year, while borrowings and lease liabilities also decreased as a result of repayments. - FY2024WorsenedAnnual report
「This was mainly due to increases of ¥6,985 million in borrowings and ¥1,709 million in lease liabilities associated with the opening of new facilities, and a ¥345 million increase in accounts payable and accrued expenses resulting from business expansion, among other factors.」
In the fiscal year ended September 2024, borrowings increased by ¥6,985 million and lease liabilities by ¥1,709 million in connection with investment in newly opened facilities, bringing total liabilities to ¥38,586 million. - FY2024-Q1WorsenedAnnual report
「This was mainly due to decreases of ¥1,093 million in accrued income taxes resulting from tax payments and other factors and ¥592 million in provision for bonuses due to bonus payments, partly offset by increases of ¥1,658 million in borrowings and ¥895 million in lease liabilities associated with the opening of new facilities, among other factors.」
Borrowings increased by ¥1,658 million and lease liabilities by ¥895 million in connection with the opening of new facilities, and exposure to interest-bearing debt and financing continues to expand. - FY2023-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year were ¥26,045 million, an increase of ¥4,736 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥3,986 million increase in borrowings associated with the opening of new facilities and a ¥508 million increase in accounts payable and accrued expenses resulting from business expansion, among other factors.」
Borrowings increased by ¥3,986 million in connection with the opening of new facilities, and total liabilities also increased by ¥4,736 million from the end of the previous consolidated fiscal year. Exposure to financing and interest-bearing debt continues to expand. - FY2023-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year were ¥24,503 million, an increase of ¥3,194 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥2,813 million increase in borrowings associated with the opening of new facilities and a ¥395 million increase in accounts payable and accrued expenses resulting from business expansion, among other factors.」
States that borrowings increased by ¥2,813 million in connection with the opening of new facilities, expanding liabilities and financing exposure. - FY2023-Q1WorsenedAnnual report
「This was mainly due to a ¥1,687 million increase in borrowings associated with the opening of new facilities and a ¥471 million increase in accounts payable and accrued expenses resulting from business expansion, despite a ¥700 million decrease in accrued income taxes due to tax payments and other factors, among other factors.」
Borrowings increased by ¥1,687 million in connection with the opening of new facilities, bringing total liabilities to ¥22,425 million, up ¥1,116 million from the end of the previous consolidated fiscal year. The disclosure indicates increased financing exposure associated with the new facilities. - FY2022WorsenedAnnual report
「This was mainly due to increases of ¥3,743 million in borrowings and ¥942 million in lease liabilities associated with the opening of new facilities, and a ¥421 million increase in accounts payable and accrued expenses resulting from business expansion, among other factors.」
Borrowings and lease liabilities increased in connection with investment in newly opened facilities, bringing total liabilities to ¥21,308 million, up ¥5,727 million from the end of the previous consolidated fiscal year. - FY2022-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year were ¥19,940 million, an increase of ¥4,359 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥3,286 million in borrowings and ¥967 million in lease liabilities associated with the opening of new facilities, and a ¥286 million increase in provision for bonuses, partly offset by a ¥462 million decrease in accrued income taxes, among other factors.」
States that borrowings increased by ¥3,286 million and lease liabilities by ¥967 million in connection with the opening of new facilities, expanding liabilities and financing exposure. - FY2022-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year were ¥18,732 million, an increase of ¥3,151 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥2,019 million in borrowings and ¥992 million in lease liabilities associated with the opening of new facilities, among other factors.」
States that borrowings increased by ¥2,019 million and lease liabilities by ¥992 million in connection with the opening of new facilities, expanding liabilities and financing exposure. - FY2022-Q1WorsenedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated fiscal year were ¥16,759 million, an increase of ¥1,178 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥757 million in borrowings and ¥1,015 million in lease liabilities associated with investment in the opening of new facilities, among other factors, despite a ¥629 million decrease in accrued income taxes resulting from tax payments and other factors.」
States that borrowings increased by ¥757 million and lease liabilities by ¥1,015 million in connection with the opening of new facilities, expanding exposure to interest-bearing debt and financing. - FY2021WorsenedAnnual report
「Total liabilities at the end of the current consolidated fiscal year were ¥15,580 million, an increase of ¥4,316 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥596 million in accrued income taxes resulting from higher profit, ¥2,717 million in borrowings associated with investment in the opening of new facilities, and ¥482 million in lease liabilities, among other factors.」
Borrowings increased by ¥2,717 million and lease liabilities by ¥482 million in connection with the opening of new facilities, further expanding liabilities and financing exposure. - FY2021-Q3WorsenedAnnual report
「Total liabilities at the end of the third quarter of the current consolidated fiscal year were ¥13,862 million, an increase of ¥2,598 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,663 million increase in borrowings associated with the opening and investment in new facilities, among other factors.」
Borrowings associated with the opening and investment in new facilities increased by ¥1,663 million, further expanding exposure to interest-bearing debt and financing. - FY2021-Q2WorsenedAnnual report
「Total liabilities at the end of the second quarter of the current consolidated fiscal year were ¥12,858 million, an increase of ¥1,594 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,497 million increase in borrowings associated with the opening and investment in new facilities, among other factors.」
Borrowings increased by ¥1,497 million in connection with the opening and investment in new facilities, further expanding exposure to interest-bearing debt and financing. The disclosure also refers to financing through a public offering, but indicates a risk-side change in the form of increased borrowings. - FY2021-Q1WorsenedAnnual report
「Total liabilities at the end of the first quarter of the current consolidated fiscal year were ¥12,533 million, an increase of ¥1,268 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,500 million increase in borrowings associated with the opening and investment in new facilities, among other factors.」
Borrowings increased by ¥1,500 million in connection with the opening and investment in new facilities, expanding exposure to interest-bearing debt and financing. - FY2020WorsenedAnnual report
「This was mainly due to increases of ¥312.815 million in accounts payable and accrued expenses related to salaries and other costs, ¥4,169.289 million in borrowings associated with investment in the opening of new facilities, and ¥329.261 million in lease liabilities, among other factors, primarily as a result of business expansion.」
Borrowings and lease liabilities increased in connection with investment in newly opened facilities, expanding interest-bearing debt exposure. At the same time, the disclosure refers to maintaining financial soundness by securing ¥3,335.780 million in cash and cash equivalents and ¥3,823.100 million in overdraft facilities. - FY2020-Q3WorsenedAnnual report
「This was mainly due to increases of ¥202.622 million in accounts payable and accrued expenses related to salaries and other costs, ¥2,038.102 million in borrowings associated with the opening and investment in new facilities, and ¥348.679 million in lease liabilities, among other factors, mainly as a result of the increase in the number of employees.」
States that borrowings increased by ¥2,038.102 million and lease liabilities by ¥348.679 million in connection with the opening and investment in new facilities, indicating increased financing and interest-bearing debt exposure. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding interest-bearing debt, interest rates and financing risk. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
States that there have been no material changes regarding interest-bearing debt, interest rates and financing risk. - FY2019First statedAnnual report
「At the end of the fiscal year ended September 2019, interest-bearing debt stood at ¥5,050 million, and the interest-bearing debt-to-equity ratio was 471.9%.」
Working capital and capital investments in equipment for new facilities are financed through borrowings. The disclosure cites the impact of interest-rate fluctuations, an inability to obtain financing as planned, and reliance on borrowings on operating performance, financial position and cash flow.