Strengthening the Financial Position and Stabilizing the Business Base
First written in FY2022-Q3. 7 of 14 entries say "Advanced", first in FY2023-Q2. Latest entry: 2026-08-10.
Miahelsa Holdings moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 8 of 30 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- 2026-08-10MitigatedFinancial results
「As a result, the equity ratio was 29.5% (25.1% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 25.1% at the end of the previous consolidated fiscal year to 29.5%, improving the financial-structure indicator that had deteriorated in the previous fiscal year. - FY2026WorsenedAnnual report
「As a result, the equity ratio was 25.1% (28.6% at the end of the previous consolidated fiscal year).」
The equity ratio declined from 28.6% to 25.1%. The report also noted an increase of ¥2,191 million in short-term borrowings and ¥800 million in funds raised through long-term borrowings, indicating deterioration in the metric used to track the strength of the financial base. - FY2026-H1AdvancedAnnual report
「Non-current liabilities were ¥2,744 million, a decrease of ¥262 million from the end of the previous fiscal year. This was mainly due to a ¥254 million decrease in long-term borrowings. As a result, the equity ratio was 31.2% (28.6% at the end of the previous fiscal year).」
Non-current liabilities declined due to the decrease in long-term borrowings, and the equity ratio increased from 28.6% at the end of the previous fiscal year to 31.2%. - FY2025AdvancedAnnual report
「Non-current liabilities were ¥3,007 million, a decrease of ¥651 million from the end of the previous fiscal year. This was mainly due to a ¥326 million decrease in long-term borrowings. As a result, the equity ratio was 28.6% (23.9% at the end of the previous fiscal year).」
The equity ratio increased from 23.9% to 28.6% due to the decrease in long-term borrowings and the recognition of profit, among other factors. - FY2025-H1AdvancedAnnual report
「Non-current liabilities were ¥3,370 million, a decrease of ¥287 million from the end of the previous fiscal year. This was mainly due to a ¥263 million decrease in long-term borrowings. As a result, the equity ratio was 26.4% (23.9% at the end of the previous fiscal year).」
Non-current liabilities declined due to the decrease in long-term borrowings, and the equity ratio increased from 23.9% at the end of the previous fiscal year to 26.4%. - FY2024-Q3AdvancedAnnual report
「Non-current liabilities were ¥3,992 million, a decrease of ¥222 million from the end of the previous fiscal year. This was mainly due to a ¥122 million decrease in long-term borrowings. As a result, the equity ratio was 23.9% (23.6% at the end of the previous fiscal year).」
Non-current liabilities declined due to the decrease in long-term borrowings, and the equity ratio increased from 23.6% at the end of the previous fiscal year to 23.9%. - FY2024-Q2AdvancedAnnual report
「Non-current liabilities were ¥3,970 million, a decrease of ¥244 million from the end of the previous fiscal year. This was mainly due to a ¥129 million decrease in long-term borrowings. As a result, the equity ratio was 24.2% (23.6% at the end of the previous fiscal year).」
Non-current liabilities declined due to the decrease in long-term borrowings, and the equity ratio increased from 23.6% at the end of the previous fiscal year to 24.2%. - FY2024-Q1AdvancedAnnual report
「Non-current liabilities were ¥3,985 million, a decrease of ¥229 million from the end of the previous fiscal year. This was mainly due to a ¥145 million decrease in long-term borrowings. As a result, the equity ratio was 23.8% (23.6% at the end of the previous fiscal year).」
Non-current liabilities declined due to the decrease in long-term borrowings, and the equity ratio increased from 23.6% at the end of the previous fiscal year to 23.8%. - FY2023-Q3WorsenedAnnual report
「As a result, the equity ratio was 21.9% (22.5% at the end of the previous fiscal year).」
The equity ratio, a metric for tracking the strength of the financial position, declined from 22.5% at the end of the previous fiscal year to 21.9%. - FY2023-Q2AdvancedAnnual report
「Non-current liabilities were ¥4,474 million, a decrease of ¥381 million from the end of the previous fiscal year. This was mainly due to a ¥304 million decrease in long-term borrowings. Cash used in financing activities was ¥445 million (compared with cash provided of ¥260 million in the same period of the previous year). The main uses were ¥333 million for repayment of long-term borrowings, ¥20 million for redemption of bonds and ¥42 million for dividend payments. As a result, the equity ratio was 22.9% (22.5% at the end of the previous fiscal year).」
Non-current liabilities declined due to the repayment of long-term borrowings and other factors, and the equity ratio increased from 22.5% to 22.9%. - FY2022RestatedAnnual report
「We believe that improving the equity ratio is a financial issue. We will work to reduce total assets by compressing interest-bearing debt, while expanding earnings in growth areas through strategic investment and enhancing cash flow, with the aim of improving the equity ratio through steady profit growth. As a result, the equity ratio was 22.5% (29.6% at the end of the previous fiscal year).」
The company has defined strengthening its financial position as improving the equity ratio, citing reductions in interest-bearing debt, strategic investment and enhanced cash flow as the means. The actual ratio was 22.5%, down from 29.6% at the end of the previous fiscal year. - FY2022-Q3First statedAnnual report
「We will work to strengthen our financial position and stabilise our business base.」
Strengthening the financial position and stabilising the business base are stated as objectives of the holding company structure.