Strengthening the Financial Base and Providing Stable Shareholder Returns
First written in FY2016. 14 of 36 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-04.
- 2026-08-04OtherFinancial Results Presentation
「ネット・キャッシュ 3,719」
ネット・キャッシュは2026年3月末の4,430億円から2026年6月末の3,719億円へ減少した。 - FY2026Increase in net cash and interest-bearing debtAnnual report
「Cash and cash equivalents increased by ¥187.6 billion from the end of the previous fiscal year to ¥1.2932 trillion, while interest-bearing debt increased by ¥144.9 billion to ¥850.1 billion. As a result, the company had a net cash position of ¥443.0 billion.」
Net cash increased from ¥400.3 billion at FY2025-end to ¥443.0 billion, while interest-bearing debt increased to ¥850.1 billion. - FY2026-H1Decline in net cash and increase in interest-bearing debtAnnual report
「At the end of the interim period of the current consolidated fiscal year, cash and cash equivalents decreased by ¥52.3 billion from the end of the previous fiscal year to ¥1.0533 trillion, while interest-bearing debt increased by ¥96.9 billion to ¥802.1 billion. As a result, the company had a net cash position of ¥251.2 billion.」
Net cash declined from ¥400.3 billion at FY2025-end to ¥251.2 billion, while interest-bearing debt increased to ¥802.1 billion. However, the company remained in a net cash position. - FY2025AdvancedAnnual report
「As a result, the company had a net cash position of ¥400.3 billion.」
Net cash increased from ¥101.6 billion at the end of the previous fiscal year to ¥400.3 billion, indicating progress in strengthening the financial base and implementing the policy of maintaining net cash. - FY2024-Q3Decline in net cash and decrease in interest-bearing debtAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets increased by ¥255.8 billion from the end of the previous fiscal year to ¥3.515 trillion, while total liabilities increased by ¥71.6 billion to ¥1.8741 trillion. Net assets increased by ¥184.1 billion to ¥1.6409 trillion, mainly due to quarterly net income attributable to owners of the parent of ¥165.5 billion. The equity ratio increased by 2.0 percentage points from the end of the previous fiscal year to 46.2% (47.1% after taking into account the equity component of subordinated loans).」
The equity ratio increased to 46.2% from the end of the previous fiscal year. Net cash declined from ¥225.4 billion at the end of the previous quarter to ¥210.7 billion, but remained above the ¥101.6 billion recorded at the end of the previous fiscal year. - FY2024-Q2AdvancedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, cash and cash equivalents increased by ¥64.1 billion from the end of the previous fiscal year to ¥781.2 billion, while interest-bearing debt decreased by ¥59.7 billion to ¥555.8 billion. As a result, the company had a net cash position of ¥225.4 billion.」
Net cash increased from ¥111.0 billion in FY2024-Q1 to ¥225.4 billion, while interest-bearing debt also declined to ¥555.8 billion. The equity ratio also increased to 45.3%. - FY2024-Q1AdvancedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, cash and cash equivalents decreased by ¥31.0 billion from the end of the previous fiscal year to ¥686.1 billion, while interest-bearing debt decreased by ¥40.4 billion to ¥575.1 billion. As a result, the company had a net cash position of ¥111.0 billion.」
Interest-bearing debt decreased by ¥40.4 billion, securing a net cash position of ¥111.0 billion. The equity ratio also increased by 1.7 percentage points to 45.9%. - FY2023Increase in net cash and decrease in interest-bearing debtAnnual report
「Cash and cash equivalents decreased by ¥23.3 billion from the end of the previous fiscal year to ¥717.1 billion, while interest-bearing debt decreased by ¥65.3 billion to ¥615.5 billion. As a result, the company had a net cash position of ¥101.6 billion.」
Although cash declined, interest-bearing debt also decreased, increasing net cash from ¥59.6 billion at the end of the previous fiscal year to ¥101.6 billion. - FY2023-Q3Decline in net cash and increase in interest-bearing debtAnnual report
「Cash and cash equivalents increased by ¥17.5 billion from the end of the previous fiscal year to ¥757.9 billion, while interest-bearing debt increased by ¥42.5 billion to ¥723.3 billion. As a result, the company had a net cash position of ¥34.6 billion.」
Net cash declined from ¥46.8 billion in FY2023-Q2 to ¥34.6 billion. Interest-bearing debt increased by ¥42.5 billion from the end of the previous fiscal year, but the company remained in a net cash position. - FY2023-Q2Reversal from net debt to net cashAnnual report
「As a result, the company had a net cash position of ¥46.8 billion.」
The company moved from net debt of ¥78.6 billion in FY2023-Q1 to a net cash position of ¥46.8 billion. Interest-bearing debt stood at ¥730.3 billion, while cash and cash equivalents stood at ¥777.2 billion. - FY2023-Q1Reversal from net cash to net debtAnnual report
「As a result, net debt, calculated as interest-bearing debt less cash and cash equivalents at period-end, stood at ¥78.6 billion.」
The company moved from net cash of ¥59.6 billion at FY2022-end to net debt of ¥78.6 billion. Interest-bearing debt also increased by ¥132.0 billion from the end of the previous fiscal year. - FY2022Return to net cash and improvement in the financial baseAnnual report
「Cash and cash equivalents had increased by ¥1.6 billion from the previous consolidated fiscal year-end to ¥740.4 billion, while interest-bearing debt had decreased by ¥75.1 billion to ¥680.8 billion. As a result, the company had a net cash position of ¥59.6 billion.」
The company shifted from net interest-bearing debt of ¥51.9 billion at the previous fiscal year-end to a net cash position of ¥59.6 billion. Interest-bearing debt also decreased by ¥75.1 billion, and the equity ratio was 43.8%. - FY2022-Q3Increase in net interest-bearing debt and slight rise in equity ratioAnnual report
「As a result, net interest-bearing debt, calculated by subtracting the quarter-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥116.9 billion.」
Net interest-bearing debt increased from ¥45.9 billion at the previous quarter-end to ¥116.9 billion. Meanwhile, the equity ratio increased by 0.1 percentage points from the previous consolidated fiscal year-end to 40.6%. - FY2022-Q2Increase in net interest-bearing debt and rise in equity ratioAnnual report
「As a result, net interest-bearing debt, calculated by subtracting the quarter-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥45.9 billion.」
Net interest-bearing debt decreased from ¥51.9 billion at the previous consolidated fiscal year-end to ¥45.9 billion, while increasing from ¥29.9 billion at the previous quarter-end. The equity ratio increased by 1.4 percentage points from the previous fiscal year-end to 41.9%. - FY2022-Q1Reduction in net interest-bearing debt and decline in equity ratioAnnual report
「As a result, net interest-bearing debt, calculated by subtracting the year-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥29.9 billion.」
Net interest-bearing debt decreased from ¥51.9 billion at the previous consolidated fiscal year-end to ¥29.9 billion. Meanwhile, the equity ratio declined by 0.7 percentage points from the previous fiscal year-end to 39.8%. - FY2021-Q3Increase in net interest-bearing debt and change in equity ratioAnnual report
「At the end of the third-quarter consolidated accounting period, cash and cash equivalents had increased by ¥177.6 billion from the previous consolidated fiscal year-end to ¥745.6 billion, while interest-bearing debt had increased by ¥299.1 billion to ¥918.9 billion. As a result, net interest-bearing debt, calculated by subtracting the quarter-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥173.4 billion.」
Net interest-bearing debt increased from ¥119.1 billion at the end of the second quarter to ¥173.4 billion. Meanwhile, the equity ratio was 37.0%, down 5.1 percentage points from the previous consolidated fiscal year-end but up from 35.6% at the end of the second quarter. - FY2021-Q2Reduction in net interest-bearing debt and decline in equity ratioAnnual report
「As a result, net interest-bearing debt, calculated by subtracting the quarter-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥119.1 billion.」
Net interest-bearing debt decreased from ¥209.0 billion at the end of the first quarter to ¥119.1 billion, while the equity ratio declined by 6.5 percentage points from the previous consolidated fiscal year-end to 35.6%. - FY2021-Q1Increase in net interest-bearing debt and decline in equity ratioAnnual report
「At the end of the first-quarter consolidated accounting period, cash and cash equivalents had increased by ¥224.5 billion from the previous consolidated fiscal year-end to ¥792.5 billion, while interest-bearing debt had increased by ¥381.6 billion to ¥1.0015 trillion. As a result, net interest-bearing debt, calculated by subtracting the year-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥209.0 billion.」
Due to an increase in borrowings in response to the COVID-19 pandemic, net interest-bearing debt increased from ¥51.9 billion at the previous fiscal year-end to ¥209.0 billion, and the equity ratio declined to 38.2%. - FY2020Reduction in net interest-bearing debtAnnual report
「At the consolidated fiscal year-end, cash and cash equivalents had decreased by ¥133.6 billion from the previous consolidated fiscal year-end to ¥568.0 billion, while interest-bearing debt had increased by ¥12.8 billion to ¥619.9 billion. As a result, net interest-bearing debt, calculated by subtracting the year-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥51.9 billion.」
After shifting from net cash to net interest-bearing debt, net interest-bearing debt decreased from ¥82.4 billion at the previous quarter-end to ¥51.9 billion. Meanwhile, the cash balance decreased and interest-bearing debt increased. - FY2020-Q3Shift from net cash to net interest-bearing debtAnnual report
「As a result, net interest-bearing debt, calculated by subtracting the quarter-end balance of cash and cash equivalents from interest-bearing debt, amounted to ¥82.4 billion.」
The company shifted from net cash of ¥8.4 billion in the previous quarter to net interest-bearing debt of ¥82.4 billion. Cash and cash equivalents decreased by ¥132.8 billion from the previous consolidated fiscal year-end, and free cash flow also decreased by ¥139.3 billion. - FY2020-Q2Continued reduction in net cashAnnual report
「As a result, the group's net cash amounted to ¥8.4 billion.」
Net cash decreased from ¥25.6 billion in the previous quarter to ¥8.4 billion, but remained positive. Free cash flow, comprising cash flow from operating activities and investing activities, decreased by ¥69.5 billion. - FY2020-Q1Reduction in net cashAnnual report
「At the end of the first-quarter consolidated accounting period, cash and cash equivalents had decreased by ¥81.8 billion from the previous consolidated fiscal year-end to ¥619.8 billion, while interest-bearing debt had decreased by ¥12.9 billion to ¥594.2 billion. As a result, the company had a net cash position of ¥25.6 billion.」
Net cash decreased from ¥94.6 billion at the previous fiscal year-end to ¥25.6 billion. Both cash and cash equivalents and interest-bearing debt decreased. - FY2019Increase in net cashAnnual report
「At the consolidated fiscal year-end, cash and cash equivalents had increased by ¥96.8 billion from the previous consolidated fiscal year-end to ¥701.6 billion, while interest-bearing debt had increased by ¥109.2 billion to ¥607.1 billion. As a result, the company had a net cash position of ¥94.6 billion.」
Net cash reached ¥94.6 billion, up from ¥75.0 billion in FY2019-Q3. Meanwhile, interest-bearing debt increased to ¥607.1 billion. - FY2019-Q3Change in net cash positionAnnual report
「At the end of the third-quarter consolidated accounting period, cash and cash equivalents had increased by ¥30.4 billion from the previous consolidated fiscal year-end to ¥635.3 billion, while interest-bearing debt had increased by ¥62.4 billion to ¥560.3 billion. As a result, the company had a net cash position of ¥75.0 billion.」
The net cash position remained positive at ¥75.0 billion, although it decreased from ¥115.4 billion at the time of the previous quarterly report. The equity ratio was 43.4%, or 44.7% after taking into account the capital characteristics of the subordinated loan with a special subordination clause. - FY2019-Q2AdvancedAnnual report
「At the end of the second-quarter consolidated accounting period, cash and cash equivalents had increased by ¥69.4 billion from the previous consolidated fiscal year-end to ¥674.3 billion, while interest-bearing debt had increased by ¥61.0 billion to ¥558.9 billion. As a result, the company had a net cash position of ¥115.4 billion.」
The net cash position reached ¥115.4 billion, indicating further improvement in the financial base. The equity ratio was also 43.9%, or 45.2% after taking into account the capital characteristics of the subordinated loan with a special subordination clause. - FY2019-Q1AdvancedAnnual report
「At the end of the first-quarter consolidated accounting period, cash and cash equivalents had increased by ¥31.3 billion from the previous consolidated fiscal year-end to ¥636.2 billion, while interest-bearing debt had increased by ¥62.0 billion to ¥559.9 billion. As a result, the company had a net cash position of ¥76.3 billion.」
Cash and cash equivalents reached ¥636.2 billion, securing a net cash position of ¥76.3 billion. Meanwhile, the equity ratio decreased by 0.8 percentage points from the previous fiscal year-end to 43.0%. - FY2018-Q3AdvancedAnnual report
「Net assets increased by ¥136.3 billion from the previous consolidated fiscal year-end to ¥1.2003 trillion, due in part to the quarterly net profit attributable to owners of the parent of ¥84.9 billion and a third-party allotment of new shares allocated to TOYOTA MOTOR CORPORATION. The equity ratio increased by 2.3 percentage points from the previous consolidated fiscal year-end to 43.5%, or 44.8% after taking into account the capital characteristics of the subordinated loan with a special subordination clause.」
Net assets reached ¥1.2003 trillion and the equity ratio 43.5%, or 44.8% after taking into account capital characteristics, due in part to the third-party allotment of new shares, indicating further improvement in the financial base. - FY2018-Q2AdvancedAnnual report
「Net assets increased by ¥58.8 billion from the previous consolidated fiscal year-end to ¥1.1228 trillion. The equity ratio increased by 1.2 percentage points from the previous consolidated fiscal year-end to 42.4%, or 43.8% after taking into account the capital characteristics of the subordinated loan with a special subordination clause.」
Net assets and the equity ratio at the end of the second quarter increased from the previous fiscal year-end. The equity ratio was 42.4%, or 43.8% after taking into account the capital characteristics of the subordinated loan with a special subordination clause. - FY2018-Q1AdvancedAnnual report
「Net assets increased by ¥23.7 billion from the previous consolidated fiscal year-end to ¥1.0878 trillion. The equity ratio increased by 0.6 percentage points from the previous consolidated fiscal year-end to 41.8%, or 43.2% after taking into account the capital characteristics of the subordinated loan with a special subordination clause.」
The equity ratio at the end of the first quarter was 41.8%, or 43.2% after taking into account the capital characteristics of the subordinated loan with a special subordination clause, an improvement from the previous fiscal year-end. - FY2017AdvancedAnnual report
「Interest-bearing debt decreased by ¥125.7 billion from the previous consolidated fiscal year-end to ¥491.4 billion. Net interest-bearing debt, calculated by subtracting the year-end balance of cash and cash equivalents from interest-bearing debt, decreased by ¥83.8 billion from the previous consolidated fiscal year-end. As a result, the year-end balance of cash and cash equivalents exceeded interest-bearing debt by ¥35.4 billion.」
Interest-bearing debt and net interest-bearing debt were reduced, and cash and cash equivalents exceeded interest-bearing debt by ¥35.4 billion. The equity ratio also improved to 41.2%, or 42.6% after taking into account the capital characteristics of the subordinated loan with a special subordination clause. - FY2017-Q3AdvancedAnnual report
「Net interest-bearing debt, calculated by subtracting the quarter-end balance of cash and cash equivalents from interest-bearing debt, decreased by ¥34.4 billion from the previous consolidated fiscal year-end to ¥14.0 billion. The net interest-bearing debt-to-equity ratio improved by 3.7 percentage points from the previous consolidated fiscal year-end to 1.4%. The equity ratio increased by 2.0 percentage points from the previous consolidated fiscal year-end to 39.4%, or 40.7% after taking into account the capital characteristics of the subordinated loan with a special subordination clause.」
Net interest-bearing debt decreased by ¥34.4 billion from the previous consolidated fiscal year-end, with the net interest-bearing debt-to-equity ratio at 1.4% and the equity ratio at 39.4%. - FY2017-Q2AdvancedAnnual report
「Net interest-bearing debt, calculated by subtracting the quarter-end balance of cash and cash equivalents from interest-bearing debt, decreased by ¥65.6 billion from the previous consolidated fiscal year-end. As a result, the quarter-end balance of cash and cash equivalents exceeded interest-bearing debt by ¥17.2 billion.」
Net interest-bearing debt decreased by ¥65.6 billion, and cash and cash equivalents exceeded interest-bearing debt by ¥17.2 billion. The equity ratio was 40.5%, or 41.9% after taking into account the capital characteristics of the subordinated loan with a special subordination clause. - FY2017-Q1AdvancedAnnual report
「On 20 July 2016, the company raised funds through a new subordinated loan with a special subordination clause (the “new subordinated loan”) and made an early repayment of an existing subordinated loan with a special subordination clause (the “existing subordinated loan”).」
The company made an early repayment of the existing subordinated loan using a ¥70 billion new subordinated loan, implementing specific financing measures to strengthen its financial base, including its capital characteristics. - FY2016First statedAnnual report
「We will seek to strengthen our financial base by generating stable earnings and cash flow and enhancing shareholders' equity. As a basic policy, shareholder returns will be determined by taking into account the current period's results, the business environment and financial position. In addition to achieving stable dividends, we will steadily improve the payout ratio as we strengthen our financial base.」
The company has adopted an integrated policy covering earnings and cash flow generation, enhancement of shareholders' equity, stable dividends and improvement of the payout ratio.