Funding needs and increased borrowing during COVID-19
First written in FY2020. 8 of 17 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-08-03.
Mitsubishi Motors moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
1 other company's latest entry also says "Worsened".
- 2026-08-03WorsenedEarnings
「Of this amount, interest-bearing debt stood at ¥413.6 billion, up ¥18.2 billion from the end of the previous fiscal year.」
Interest-bearing debt increased by ¥18.2 billion from the end of the previous fiscal year, indicating a higher financing burden. - FY2025MitigatedAnnual report
「Net cash used in financing activities was ¥274.8 billion. This was primarily due to the repayment of long-term borrowings.」
The Company proceeded with the repayment of long-term borrowings that had increased during the spread of infectious diseases, reducing consolidated interest-bearing debt by ¥177.6 billion from the end of the previous fiscal year to ¥314.8 billion. - FY2025-H1MitigatedAnnual report
「Net cash used in financing activities was ¥98.4 billion. This was primarily due to the repayment of long-term borrowings.」
Interest-bearing debt, which had increased to meet funding needs during the spread of infectious diseases, decreased by ¥86.5 billion from the end of the previous fiscal year at the end of the interim period due to the repayment of long-term borrowings, reducing the burden of financing. - FY2024WorsenedAnnual report
「Total assets at the end of the consolidated fiscal year were ¥2,454.5 billion, up ¥253.0 billion from the end of the previous fiscal year. Of this amount, cash and deposits were ¥674.2 billion, up ¥78.2 billion from the end of the previous fiscal year. Total liabilities were ¥1,410.0 billion, up ¥38.9 billion from the end of the previous fiscal year, of which interest-bearing debt was ¥492.4 billion, up ¥64.1 billion from the end of the previous fiscal year.」
Interest-bearing debt increased by ¥64.1 billion from the end of the previous fiscal year to ¥492.4 billion, and the burden of financing increased again. Meanwhile, liquidity, comprising cash and deposits of ¥674.2 billion and a commitment line of approximately ¥150.0 billion, was stated to be approximately ¥830.0 billion. - FY2024-Q3WorsenedAnnual report
「Of this amount, the balance of interest-bearing debt was ¥478.3 billion, up ¥50.0 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had decreased after measures to meet funding needs during the spread of infectious diseases, increased by ¥50.0 billion from the end of the previous fiscal year to ¥478.3 billion, and the burden of financing increased again. - FY2024-Q2MitigatedAnnual report
「Of this, the balance of interest-bearing debt was ¥453.5 billion, up ¥25.2 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had increased to meet funding needs during the spread of infectious diseases, decreased from ¥467.8 billion at the end of the previous quarter to ¥453.5 billion, indicating a reduction in the recent burden of financing. - FY2024-Q1WorsenedAnnual report
「Of this, the balance of interest-bearing debt was ¥467.8 billion, up ¥39.5 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had decreased after measures to meet funding needs during the spread of COVID-19, increased by ¥39.5 billion from the end of the previous fiscal year to ¥467.8 billion. The burden of financing is increasing again. - FY2023-Q3MitigatedAnnual report
「Of this, the balance of interest-bearing debt was ¥431.3 billion, down ¥49.2 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had increased to meet funding needs during the spread of infectious diseases, decreased by ¥49.2 billion from the end of the previous fiscal year, and the burden of financing continues to decline. - FY2023-Q2MitigatedAnnual report
「Of this, the balance of interest-bearing debt was ¥415.6 billion, down ¥64.9 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had increased to meet funding needs amid the spread of infectious diseases, decreased by ¥64.9 billion from the end of the previous fiscal year, reducing the burden of financing. - FY2023-Q1MitigatedAnnual report
「Of this, the balance of interest-bearing debt was ¥433.4 billion, down ¥47.1 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had increased in response to funding needs associated with the spread of COVID-19, decreased by ¥47.1 billion from the end of the previous fiscal year, indicating an easing of the financing burden. - FY2022-Q3WorsenedAnnual report
「Of this, the balance of interest-bearing debt was ¥504.3 billion, up ¥21 billion from the end of the previous fiscal year.」
Even after addressing funding needs associated with the spread of COVID-19, interest-bearing debt stood at ¥504.3 billion, up ¥21.0 billion from the end of the previous fiscal year, and the financing burden increased again. - FY2022-Q2MitigatedAnnual report
「Of this, the balance of interest-bearing debt was ¥480 billion, down ¥3.3 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had increased in response to funding needs associated with the spread of COVID-19, decreased by ¥3.3 billion from the end of the previous fiscal year. However, the balance remained high at ¥480.0 billion. - FY2022-Q1MitigatedAnnual report
「Of this amount, interest-bearing debt stood at ¥469.8 billion, a decrease of ¥13.5 billion from the end of the previous fiscal year.」
Interest-bearing debt, which had increased in response to funding needs associated with the spread of COVID-19, decreased by ¥13.5 billion from the end of March 2021 to ¥469.8 billion. The financing burden showed signs of easing. - FY2021-Q3RestatedAnnual report
「Of this amount, interest-bearing debt including lease obligations stood at ¥533.3 billion, an increase of ¥233.9 billion from the end of the previous fiscal year.」
Even after addressing funding needs associated with COVID-19, interest-bearing debt remained high at ¥533.3 billion, up ¥233.9 billion from the end of the previous fiscal year, and the burden of financing continued. - FY2021-Q2WorsenedAnnual report
「Cash flow from financing activities was ¥257.8 billion, an increase of ¥253.0 billion from the ¥4.8 billion inflow in the corresponding cumulative period of the previous fiscal year. This was mainly attributable to an increase in borrowings and other factors.」
Borrowings increased in response to funding needs associated with COVID-19, increasing cash flow from financing activities by ¥253.0 billion year on year. - FY2021-Q1WorsenedAnnual report
「Of this amount, interest-bearing debt including lease obligations stood at ¥538.1 billion, an increase of ¥238.7 billion from the end of the previous fiscal year.」
Borrowings and interest-bearing debt increased in response to funding needs associated with COVID-19, reaching ¥538.1 billion, up ¥238.7 billion from the end of the previous fiscal year. - FY2020First statedAnnual report
「To prepare for increased funding needs resulting from the deterioration in the business environment caused by the spread of COVID-19, the Company has been arranging borrowings from domestic and overseas financial institutions, including newly raising ¥200 billion on a non-consolidated basis in addition to the liquidity described above, to secure the funds necessary to maintain, expand and operate the Group's businesses.」
The company undertook borrowings, including ¥200 billion in new financing, to prepare for increased funding needs associated with COVID-19.