Improved financial foundation through asset sales and debt repayment
First written in FY2016. 20 of 32 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-14.
56 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥3,655 million from the end of the previous fiscal year to ¥25,423 million. These factors improved the equity ratio to 38.1% at the end of the interim consolidated period, while the quick ratio was 224.6% and the current ratio was 250.2%, securing a certain level of financial soundness.」
Repayments reduced interest-bearing debt by ¥3,655 million from the end of the previous fiscal year. The equity ratio was 38.1%, the quick ratio was 224.6%, and the current ratio was 250.2%, providing specific evidence of repayments and improved financial soundness indicators. - FY2025-H1AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥2,681 million from the end of the previous fiscal year to ¥24,686 million. These factors improved the equity ratio to 39.5% at the end of the interim consolidated period, while the quick ratio was 232.4% and the current ratio was 292.8%, securing a certain level of financial soundness.」
Repayments reduced interest-bearing debt by ¥2,681 million from the end of the previous fiscal year. The equity ratio was 39.5%, the quick ratio was 232.4%, and the current ratio was 292.8%, providing specific evidence of repayments and improved financial soundness indicators. - FY2024-Q3AdvancedAnnual report
「Interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥4,954 million from the end of the previous fiscal year to ¥19,727 million. These factors improved the equity ratio to 40.8% at the end of the cumulative third quarter, while the quick ratio was 220.2% and the current ratio was 267.2%, securing a certain level of financial soundness.」
Repayments reduced interest-bearing debt by ¥4,954 million from the end of the previous fiscal year to ¥19,727 million. The equity ratio was 40.8%, the quick ratio was 220.2%, and the current ratio was 267.2%, indicating continued improvement in financial soundness. - FY2024-Q2AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥3,494 million from the end of the previous fiscal year to ¥21,187 million. These factors improved the equity ratio to 38.9% at the end of the cumulative second quarter, while the quick ratio was 223.5% and the current ratio was 259.1%, securing a certain level of financial soundness.」
Repayments reduced interest-bearing debt by ¥3,494 million from the end of the previous fiscal year to ¥21,187 million. The equity ratio was 38.9%, the quick ratio was 223.5%, and the current ratio was 259.1%. Interest-bearing debt and financial soundness indicators also improved from the previous quarter. - FY2024-Q1AdvancedAnnual report
「Interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥1,817 million from the end of the previous fiscal year to ¥22,864 million. These factors improved the equity ratio to 34.2% at the end of the cumulative first quarter, while the quick ratio was 195.9% and the current ratio was 236.4%, securing a certain level of financial soundness.」
Repayments reduced interest-bearing debt by ¥1,817 million from the end of the previous fiscal year to ¥22,864 million. The equity ratio was 34.2%, the quick ratio was 195.9%, and the current ratio was 236.4%. Financial soundness continued to improve. - FY2023-Q3AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥4,735 million from the end of the previous fiscal year to ¥20,285 million. These factors substantially improved the equity ratio to 36.8% at the end of the cumulative third quarter, while the quick ratio was 201.2% and the current ratio was 248.7%, securing a certain level of financial soundness.」
Repayments of long-term borrowings and other debt reduced interest-bearing debt by ¥4,735 million from the end of the previous fiscal year. The equity ratio was 36.8%, the quick ratio was 201.2%, and the current ratio was 248.7%. Financial soundness continued to improve. - FY2023-Q2AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥3,277 million from the end of the previous fiscal year to ¥21,743 million. These factors substantially improved the equity ratio to 36.9% at the end of the cumulative second quarter, while the quick ratio was 221.3% and the current ratio was 267.4%, securing a certain level of financial soundness.」
Repayments of borrowings and other debt reduced interest-bearing debt by ¥3,277 million from the end of the previous fiscal year to ¥21,743 million. The equity ratio was 36.9%, the quick ratio was 221.3%, and the current ratio was 267.4%, providing specific evidence of improved financial soundness. - FY2023-Q1AdvancedAnnual report
「Total liabilities at the end of the cumulative first quarter decreased by ¥1,906 million from the end of the previous consolidated fiscal year to ¥35,683 million. Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥1,628 million from the end of the previous fiscal year to ¥23,392 million.」
Repayments of long-term borrowings and other debt reduced interest-bearing debt by ¥1,628 million from the end of the previous fiscal year. The equity ratio was 30.6%, the quick ratio was 235.2%, and the current ratio was 254.9%, indicating improved financial soundness. - FY2022-Q3AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥1,984 million from the end of the previous fiscal year to ¥24,620 million. Following the issuance of preferred shares, the equity ratio improved substantially to 28.1% at the end of the cumulative third quarter, while the quick ratio was 211.9% and the current ratio was 230.4%, securing a certain level of financial soundness.」
Repayments reduced interest-bearing debt by ¥1,984 million from the end of the previous fiscal year, while the equity ratio following the issuance of preferred shares was 28.1%, the quick ratio was 211.9%, and the current ratio was 230.4%. - FY2022-Q2AdvancedAnnual report
「Net assets at the end of the cumulative second quarter increased by ¥9,649 million from the end of the previous fiscal year to ¥13,045 million, mainly due to an ¥11,939 million increase in capital surplus from the issuance of preferred shares and other factors and a ¥2,989 million decrease in retained earnings. Following the issuance of preferred shares, the equity ratio improved substantially to 25.2%, while the quick ratio was 215.5% and the current ratio was 234.2%, securing a certain level of financial soundness. As a result, cash and deposits of ¥29,088 million held at the end of the cumulative second quarter substantially exceeded short-term interest-bearing debt, comprising bonds due for redemption within 1 year, short-term borrowings and short-term lease obligations, of ¥6,689 million.」
Following the issuance of ¥12,000 million in preferred shares, net assets stood at ¥13,045 million and the equity ratio was 25.2%. Interest-bearing debt decreased by ¥344 million from the end of the previous fiscal year to ¥26,260 million, while cash and deposits of ¥29,088 million exceeded short-term interest-bearing debt of ¥6,689 million. - FY2022-Q1Liquidity improved through preferred share financing and debt repayments.Annual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, decreased by ¥994 million from the end of the previous fiscal year to ¥25,611 million. To secure liquidity in response to rapid changes in the business environment caused by the spread of COVID-19, the Group entered into a share investment agreement and a total share underwriting agreement with DBJ Food and Lodging Support Fund Investment Limited Partnership during the cumulative first quarter, in addition to the ¥15,032 million in additional borrowings during the previous consolidated fiscal year, and issued ¥12,000 million in preferred shares.」
Repayments reduced interest-bearing debt by ¥994 million from the end of the previous fiscal year, and the Group also issued ¥12,000 million in preferred shares. Cash and deposits of ¥28,420 million substantially exceeded short-term interest-bearing debt of ¥6,583 million, indicating improved liquidity. - FY2021Liquidity secured through continued borrowings and preferred share financing.Annual report
「To secure liquidity in response to rapid changes in the business environment caused by the spread of COVID-19, the Group raised an additional ¥15,032 million from financial institutions during the consolidated fiscal year, including ¥3,000 million through capital-like loans. As a result, the Group’s cash and deposits of ¥20,398 million at the end of the consolidated fiscal year substantially exceeded short-term interest-bearing debt, comprising short-term borrowings, bonds due for redemption within 1 year and short-term lease obligations, of ¥6,243 million.」
The Group continued to raise additional borrowings, and interest-bearing debt stood at ¥26,605 million at the end of the consolidated fiscal year. Although cash and deposits exceeded short-term interest-bearing debt, the Group continued to combine borrowings with efforts to improve its financial base centered on asset sales and repayments. - FY2021-Q3Interest-bearing debt remains elevated due to additional borrowings.Annual report
「To secure liquidity for funds required in its business in response to the spread of COVID-19, the Group had raised an additional ¥15,032 million from financial institutions by the end of the cumulative third quarter, including ¥3,000 million through capital-like loans. As a result, the Group’s cash and deposits of ¥22,199 million at the end of the third quarter exceeded short-term interest-bearing debt, comprising short-term borrowings, bonds due for redemption within 1 year and short-term lease obligations, of ¥11,371 million by a substantial margin.」
To secure liquidity, the Group raised an additional ¥15,032 million, including ¥3,000 million through capital-like loans. Interest-bearing debt increased by ¥12,671 million from the end of the previous fiscal year to ¥27,327 million, and dependence on borrowings remained high. - FY2021-Q2Sharp increase in interest-bearing debt due to higher borrowings.Annual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, increased by ¥12,527 million from the end of the previous fiscal year to ¥27,183 million.」
The Group carried out ¥10,500 million in short-term borrowings and ¥11,031 million in long-term borrowings and also made repayments, but interest-bearing debt increased by ¥12,527 million from the end of the previous fiscal year to ¥27,183 million. Dependence on borrowings has increased further, replacing efforts to strengthen the financial base centered on asset sales and repayments. - FY2021-Q1Sharp increase in interest-bearing debt due to higher borrowings.Annual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, increased by ¥6,937 million from the end of the previous fiscal year to ¥21,593 million.」
The Group carried out ¥7,000 million in short-term borrowings and ¥530 million in long-term borrowings and also made repayments, but interest-bearing debt increased by ¥6,937 million from the end of the previous fiscal year to ¥21,593 million. - FY2020Interest-bearing debt increased substantially through new borrowings.Annual report
「Cash provided by financing activities during the consolidated fiscal year was ¥5,098 million, compared with ¥2,388 million used in the previous fiscal year. The main components were ¥5,000 million in proceeds from short-term borrowings, ¥300 million in repayments of short-term borrowings, ¥1,707 million in repayments of long-term borrowings, ¥932 million in repayments of finance lease obligations, and ¥293 million in dividend payments. Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings, bonds and lease obligations, increased by ¥6,077 million from the end of the previous fiscal year to ¥14,656 million.」
The Group raised funds through ¥5,000 million in short-term borrowings and other financing and also made repayments, but interest-bearing debt increased by ¥6,077 million from the end of the previous fiscal year. - FY2020-Q3Interest-bearing debt increased despite continued repayments, due to new borrowings.Annual report
「Net cash provided by financing activities was ¥847 million, compared with ¥1,146 million used in the same period of the previous year. The main components were ¥2,499 million in proceeds from long-term borrowings, ¥1,197 million in repayments of long-term borrowings, and ¥720 million in repayments of finance lease obligations. Interest-bearing debt, comprising short-term borrowings, long-term borrowings, lease obligations and bonds, increased by ¥1,675 million from the end of the previous fiscal year to ¥10,254 million.」
The Group carried out ¥2,499 million in long-term borrowings alongside repayments, but interest-bearing debt increased by ¥1,675 million from the end of the previous fiscal year to ¥10,254 million. - FY2020-Q2Interest-bearing debt increased through new borrowings.Annual report
「Net cash provided by financing activities was ¥1,558 million, compared with ¥125 million provided in the same period of the previous year. The main components were ¥2,500 million in proceeds from long-term borrowings, ¥726 million in repayments of long-term borrowings, ¥479 million in repayments of finance lease obligations, and ¥291 million in dividend payments. Interest-bearing debt, comprising short-term borrowings, long-term borrowings, lease obligations and bonds, increased by ¥2,072 million from the end of the previous fiscal year to ¥10,651 million.」
The Group carried out ¥2,500 million in long-term borrowings alongside repayments, but interest-bearing debt increased by ¥2,072 million from the end of the previous fiscal year to ¥10,651 million. - FY2020-Q1AdvancedAnnual report
「Cash used in financing activities was ¥606 million, compared with ¥1,425 million used in the same period of the previous year. The main components were ¥346 million in repayments of long-term borrowings, ¥236 million in repayments of finance lease obligations, and ¥246 million in dividend payments. Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, decreased by ¥403 million from the end of the previous fiscal year to ¥8,175 million.」
The Group proceeded with repayments of long-term borrowings and lease obligations, reducing interest-bearing debt by ¥403 million from the end of the previous fiscal year to ¥8,175 million. - FY2019-Q3AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, decreased by ¥263 million from the end of the previous fiscal year to ¥9,650 million.」
The Group carried out ¥3,002 million in long-term borrowings, while repaying ¥2,833 million in long-term borrowings and ¥723 million in lease obligations, reducing interest-bearing debt by ¥263 million from the end of the previous fiscal year. - FY2019-Q2Interest-bearing debt increased despite continued repayments, due to new borrowings.Annual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, increased by ¥965 million from the end of the previous fiscal year to ¥10,879 million.」
The Group carried out ¥3,002 million in long-term borrowings, repaid ¥2,047 million in borrowings and ¥537 million in lease obligations, but interest-bearing debt increased by ¥965 million from the end of the previous fiscal year. - FY2019-Q1AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, decreased by ¥842 million from the end of the previous fiscal year to ¥9,072 million.」
The Group repaid ¥886 million in long-term borrowings and ¥291 million in finance lease obligations, reducing interest-bearing debt by ¥842 million from the end of the previous fiscal year. - FY2018AdvancedAnnual report
「The main components were ¥4,000 million in proceeds from long-term borrowings, ¥200 million in repayments of short-term borrowings, ¥3,714 million in repayments of long-term borrowings, and ¥1,060 million in repayments of finance lease obligations.」
While carrying out long-term borrowings alongside repayments, the Group reduced interest-bearing debt at the end of the consolidated fiscal year by ¥20 million from the end of the previous fiscal year to ¥9,914 million. It also stated its principle of keeping capital expenditures within consolidated operating cash flow and its policy of managing cash and deposits and interest-bearing debt within specified ranges. - FY2018-Q3Interest-bearing debt increased from the end of the previous fiscal year as repayments continued alongside new borrowings.Annual report
「Net cash provided by financing activities was ¥374 million, compared with ¥4,727 million used in the same period of the previous year. The main components were ¥4,000 million in proceeds from long-term borrowings, ¥2,541 million in repayments of long-term borrowings, and ¥887 million in repayments of finance lease obligations. Interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, increased by ¥1,503 million from the end of the previous fiscal year to ¥11,437 million.」
Following ¥4,000 million in long-term borrowings alongside repayments, cash and cash equivalents stood at ¥10,886 million, while interest-bearing debt increased by ¥1,503 million from the end of the previous fiscal year to ¥11,437 million. - FY2018-Q2Interest-bearing debt increased through borrowings.Annual report
「Net cash provided by financing activities was ¥1,524 million, compared with ¥3,669 million used in the same period of the previous year. The main components were ¥4,000 million in proceeds from long-term borrowings, ¥1,654 million in repayments of long-term borrowings, and ¥624 million in repayments of finance lease obligations. Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, increased by ¥2,347 million from the end of the previous fiscal year to ¥12,281 million.」
The Group raised ¥4,000 million through long-term borrowings and also proceeded with repayments, but interest-bearing debt increased by ¥2,347 million from the end of the previous fiscal year to ¥12,281 million. - FY2018-Q1AdvancedAnnual report
「Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, decreased by ¥739 million from the end of the previous fiscal year to ¥9,195 million.」
The Group repaid ¥701 million in long-term borrowings and ¥351 million in finance lease obligations, reducing interest-bearing debt by ¥739 million from the end of the previous fiscal year. It also maintained a level of cash and deposits exceeding its outstanding borrowings. - FY2017-Q3AdvancedAnnual report
「The main components were ¥700 million in repayments of short-term borrowings, ¥2,538 million in repayments of long-term borrowings, and ¥1,097 million in repayments of finance lease obligations. Of this amount, interest-bearing debt, comprising short-term borrowings, long-term borrowings and lease obligations, decreased by ¥3,816 million from the end of the previous fiscal year to ¥11,426 million.」
The Group proceeded with repayments of short- and long-term borrowings and lease obligations, reducing interest-bearing debt by ¥3,816 million from the end of the previous fiscal year. - FY2017-Q2AdvancedAnnual report
「The main components were ¥710 million in repayments of short-term borrowings, ¥1,823 million in repayments of long-term borrowings, and ¥745 million in repayments of finance lease obligations. From a financial perspective, the Group continues to hold cash and deposits exceeding its outstanding borrowings, and with annual capital expenditures for the Group expected to be approximately ¥2,000 million, we believe there are no concerns about liquidity for the foreseeable future.」
The Group proceeded with repayments of short- and long-term borrowings and lease obligations, reducing interest-bearing debt by ¥2,954 million from the end of the previous fiscal year to ¥12,288 million. The Group also continued to explain that it held cash and deposits exceeding its outstanding borrowings. - FY2017-Q1AdvancedAnnual report
「The main components were ¥660 million in repayments of short-term borrowings, ¥811 million in repayments of long-term borrowings, and ¥373 million in repayments of finance lease obligations. From a financial perspective, the Group continues to hold cash and deposits exceeding its outstanding borrowings, and with annual capital expenditures for the Group expected to be approximately ¥2,000 million, we believe there are no concerns about liquidity for the foreseeable future.」
The amounts repaid on short- and long-term borrowings and lease obligations were specified, with cash and deposits exceeding outstanding borrowings and continued support expected from the Group’s principal banks cited as the basis for its liquidity outlook. - FY2016First statedAnnual report
「At the end of the consolidated fiscal year, cash and deposits stood at ¥19,052 million, exceeding borrowings of ¥11,642 million. The Company also strengthened its equity through the recognition of gains on stock sales and other measures, resulting in a significant improvement in its financial position.」
The Company describes repaying bank debt with proceeds from the sale of the nursing care business, selling the mega-solar business and securing cash as measures to improve liquidity.