Diversifying Funding Sources and Reducing Reliance on Interest-Bearing Debt
First written in FY2017. 17 of 28 entries say "Advanced", first in FY2018. Latest entry: 2026-10-15.
1 other company's latest entry also says "Worsened".
- FY2026-H1AdvancedAnnual report
「Fixed liabilities were ¥3,223 million, down ¥879 million from the end of the previous consolidated fiscal year. This was mainly due to an ¥865 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥865 million from the end of the previous consolidated fiscal year, representing progress in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2025AdvancedAnnual report
「The decrease in cash from financing activities was ¥630 million, compared with a decrease of ¥709 million in the previous fiscal year. This was mainly because cash increased by ¥2,500 million in proceeds from long-term borrowings, while cash decreased by ¥2,808 million in repayments of long-term borrowings.」
The company borrowed ¥2,500 million in long-term borrowings and repaid ¥2,808 million, resulting in a net decrease in the balance of long-term borrowings from the end of the previous fiscal year. The company both raised funds and proceeded with repayments. - FY2025-H1An increase of ¥2,000 million in short-term borrowings and repayments of long-term borrowings occurred concurrently.Annual report
「Current liabilities at the end of the current interim consolidated accounting period were ¥17,670 million, up ¥2,858 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥2,512 million in accounts payable and ¥2,000 million in short-term borrowings, partly offset by a ¥1,033 million decrease in long-term borrowings due within 1 year. Fixed liabilities were ¥3,000 million, down ¥453 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥449 million decrease in long-term borrowings.」
Short-term borrowings increased by ¥2,000 million, while long-term borrowings decreased by ¥449 million, and the borrowing mix continues to change. - FY2024-Q3Short-term borrowings increased by ¥2,400 million, while long-term borrowings decreased.Annual report
「Current liabilities at the end of the third quarter of the current consolidated fiscal period were ¥21,682 million, up ¥7,093 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥4,362 million in notes and accounts payable and ¥2,400 million in short-term borrowings. Fixed liabilities were ¥3,785 million, down ¥576 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥319 million decrease in long-term borrowings.」
Short-term borrowings increased by ¥2,400 million, while long-term borrowings decreased by ¥319 million, and the borrowing mix continues to change. - FY2024-Q2¥2,000 million in short-term borrowings and a decrease in long-term borrowings occurred concurrently.Annual report
「Current liabilities at the end of the second quarter of the current consolidated cumulative period were ¥2,984 million, down ¥1,377 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,144 million decrease in long-term borrowings. Cash provided by financing activities during the second quarter of the current consolidated cumulative period increased by ¥580 million, compared with a decrease of ¥1,608 million in the same period of the previous year. This was mainly because cash decreased by ¥1,259 million in repayments of long-term borrowings, while cash increased by ¥2,000 million in proceeds from short-term borrowings.」
Long-term borrowings decreased by ¥1,144 million, while the company borrowed ¥2,000 million in short-term borrowings. The borrowing mix continues to change despite the policy of reducing reliance on interest-bearing debt. - FY2024-Q1Long-term borrowings decreased, while ¥2,000 million in short-term borrowings was incurred.Annual report
「Short-term borrowings − 2,000 This was mainly due to a ¥918 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥918 million, while ¥2,000 million in short-term borrowings was newly recorded. The borrowing mix has changed despite the policy of reducing reliance on interest-bearing debt. - FY2023AdvancedAnnual report
「Fixed liabilities were ¥4,361 million, down ¥2,367 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥2,511 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥2,511 million from the end of the previous fiscal year, and the change in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure continued. - FY2023-Q2AdvancedAnnual report
「Fixed liabilities were ¥5,435 million, down ¥1,293 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,259 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,259 million from the end of the previous consolidated fiscal year, representing a change in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2023-Q1AdvancedAnnual report
「Fixed liabilities were ¥5,482 million, down ¥1,246 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,259 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,259 million from the end of the previous consolidated fiscal year, representing a change in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2022AdvancedAnnual report
「Fixed liabilities were ¥6,728 million, down ¥2,640 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥2,696 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥2,696 million, representing a change in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2022-Q3AdvancedAnnual report
「Fixed liabilities were ¥6,936 million, down ¥2,432 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥2,453 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥2,453 million from the end of the previous consolidated fiscal year, representing progress in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2022-Q2AdvancedAnnual report
「Fixed liabilities were ¥7,944 million, down ¥1,424 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,424 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,424 million from the end of the previous consolidated fiscal year, representing progress in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2022-Q1AdvancedAnnual report
「Fixed liabilities were ¥8,194 million, down ¥1,174 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,178 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,178 million from the end of the previous consolidated fiscal year, representing progress in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2021AdvancedAnnual report
「Fixed liabilities were ¥9,369 million, down ¥3,344 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥3,318 million decrease in long-term borrowings, as no new financing was undertaken.」
The company undertook no new financing and reduced long-term borrowings by ¥3,318 million. Progress was in line with the policy of improving capital efficiency and the financial structure. - FY2021-Q3AdvancedAnnual report
「Fixed liabilities were ¥9,621 million, down ¥3,092 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥3,073 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥3,073 million from the end of the previous consolidated fiscal year, representing a change in line with the policies of reducing reliance on interest-bearing debt and improving the financial structure. - FY2021-Q2AdvancedAnnual report
「Fixed liabilities were ¥10,913 million, down ¥1,800 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,782 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,782 million from the end of the previous consolidated fiscal year, representing a change in line with the policy of reducing reliance on interest-bearing debt. - FY2021-Q1AdvancedAnnual report
「Fixed liabilities were ¥11,169 million, down ¥1,543 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,537 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,537 million from the end of the previous consolidated fiscal year, representing a change in line with the policy of reducing reliance on interest-bearing debt. - FY2020Long-term borrowings increased by ¥8,203 millionAnnual report
「Notes payable and accounts payable decreased by ¥2,424 million due to reduced purchasing and other measures following the emergence of COVID-19. Long-term borrowings increased by ¥8,203 million because the Company raised funds in preparation for a sharp decline in operating revenue resulting from business suspensions in response to requests to close and other measures.」
Although the company has stated that it aims to reduce its reliance on interest-bearing debt, long-term borrowings increased by ¥8,203 million as a precaution against lower revenue resulting from the suspension of operations. - FY2020-Q3Long-term borrowings increased substantially, while an emergency funding facility was establishedAnnual report
「In consideration of the risk that the effects of COVID-19 could continue for an extended period, the Company decided to enter into a commitment line agreement to secure flexible and stable funding for temporary working capital needs.」
In preparation for a prolonged impact from COVID-19, the Company entered into a commitment line agreement for a total amount of ¥1 billion with a one-year commitment period. At the same time, long-term borrowings increased by ¥5,896 million from the end of the previous consolidated fiscal year, indicating a movement inconsistent with the policy of reducing reliance on interest-bearing debt. - FY2020-Q2Further increase in long-term borrowingsAnnual report
「Fixed liabilities were ¥5,960 million, an increase of ¥1,420 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,421 million increase in long-term borrowings.」
Long-term borrowings increased by ¥1,421 million from the end of the previous consolidated fiscal year, and the contrary movement to the policy of reducing reliance on interest-bearing debt continued. - FY2020-Q1Long-term borrowings increased, contrary to the policy of improving the financial positionAnnual report
「Fixed liabilities were ¥6,008 million, an increase of ¥1,469 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,468 million increase in long-term borrowings.」
Long-term borrowings increased by ¥1,468 million from the end of the previous consolidated fiscal year, a change contrary to the policy of reducing reliance on interest-bearing debt. - FY2019-Q3AdvancedAnnual report
「Fixed liabilities were ¥4,624 million, a decrease of ¥1,254 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,169 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,169 million from the end of the previous consolidated fiscal year, moving in the direction of reduced reliance on interest-bearing debt and an improved financial position. - FY2019-Q2AdvancedAnnual report
「Fixed liabilities were ¥4,672 million, a decrease of ¥1,206 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,137 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥1,137 million from the end of the previous consolidated fiscal year, moving in the direction of reduced reliance on interest-bearing debt and an improved financial position. - FY2018AdvancedAnnual report
「The Group plans to further improve its financial position by generating internal funds through a focus on improving the ordinary profit margin and inventory turnover, diversifying funding sources while taking financial and capital market trends into account, and reducing its reliance on interest-bearing debt.」
The Company reiterated its policy of improving its financial position, and the balance of long-term borrowings decreased from ¥9,672 million in the previous fiscal year to ¥7,135 million. - FY2017First statedAnnual report
「The consolidated companies plan to further improve their financial position by generating internal funds through a focus on improving the ordinary profit margin and inventory turnover, diversifying funding sources while taking financial and capital market trends into account, and reducing their reliance on interest-bearing debt.」
The Company has stated for the first time that its financial policy is to improve its financial position by generating internal funds, diversifying funding sources and reducing reliance on interest-bearing debt.