Decline in Borrowings and Increase in Equity Ratio
First written in FY2018-Q2. 15 of 26 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.
Japan Medical Dynamic Marketing moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
28 other companies' latest entry also says "Other".
- FY2026Borrowings are increasing while the equity ratio is decliningAnnual report
「Total liabilities increased by ¥1,325 million from the end of the previous consolidated fiscal year to ¥10,251 million. The main increases were ¥1,743 million in short-term borrowings and ¥655 million in long-term borrowings. In addition, net interest-bearing debt at the end of the current consolidated fiscal year, calculated by deducting cash and deposits from interest-bearing debt, was ¥2,763 million. As a result, the equity ratio at the end of the current consolidated fiscal year was 71.2%, compared with 73.3% at the end of the previous consolidated fiscal year.」
Both short-term and long-term borrowings increased, and net interest-bearing debt was ¥2,763 million. The equity ratio decreased from 73.3% to 71.2%. - 2026-05-08WorsenedEarnings
「Equity ratio 71.2 73.3」
The equity ratio declined to 71.2% from 73.3% at the end of the previous fiscal year, while short-term and long-term borrowings also increased. - FY2026-H1The increase in long-term borrowings coincided with a decline in the equity ratioAnnual report
「Total liabilities decreased by ¥583 million from the end of the previous consolidated fiscal year to ¥8,341 million. The main factor was a ¥1,276 million decrease in accounts payable, despite an ¥814 million increase in long-term borrowings.」
Total liabilities decreased, but long-term borrowings increased by ¥814 million. The equity ratio decreased from 79.6% in the same period of the previous year to 74.4%. - FY2025-H1Increase in Short-Term Borrowings and Decline in Equity RatioAnnual report
「Total liabilities increased by ¥391 million from the end of the previous consolidated fiscal year to ¥6,273 million. The main increase was ¥1,065 million in short-term borrowings, while the main decreases were ¥424 million in notes and accounts payable, ¥92 million in income taxes payable and ¥92 million in long-term borrowings.」
Short-term borrowings increased by ¥1,065 million, and total liabilities increased by ¥391 million. The equity ratio decreased from 81.0% at the end of the previous consolidated fiscal year to 79.6%. - FY2024AdvancedAnnual report
「As a result, the equity ratio at the end of the current consolidated fiscal year was 81.0%, compared with 78.7% at the end of the previous consolidated fiscal year.」
The equity ratio increased from 78.7% to 81.0%, and net interest-bearing debt was also negative ¥827 million. The financial position improved throughout the fiscal year. - FY2024-Q3AdvancedAnnual report
「Total liabilities decreased by ¥319 million from the end of the previous consolidated fiscal year to ¥5,823 million. The main decreases were ¥301 million in long-term borrowings, ¥291 million in income taxes payable, ¥137 million in provision for bonuses and ¥132 million in deferred tax liabilities, while the main increases were ¥385 million in short-term borrowings and ¥161 million in notes and accounts payable. Total net assets increased by ¥1,061 million from the end of the previous consolidated fiscal year to ¥24,353 million.」
Total liabilities decreased by ¥319 million due in part to declines in long-term borrowings, while total net assets increased by ¥1,061 million. Among the key management indicators, the equity ratio also increased from 80.2% in the same period of the previous year to 80.5%. - FY2024-Q2AdvancedAnnual report
「Equity ratio 80.2 80.7 78.7」
The equity ratio increased from 80.2% in the same quarter of the previous year to 80.7%, exceeding the 78.7% recorded at the end of the previous consolidated fiscal year. Total liabilities decreased by ¥419 million, while total net assets increased by ¥1,425 million. - FY2024-Q1AdvancedAnnual report
「Equity ratio (%) 78.8 80.2 78.7」
The equity ratio increased from 78.8% in the same quarter of the previous year to 80.2%, exceeding the 78.7% recorded at the end of the previous consolidated fiscal year. Total liabilities decreased by ¥379 million, while total net assets increased by ¥865 million. - FY2023-Q3AdvancedAnnual report
「Total liabilities decreased by ¥329 million from the end of the previous consolidated fiscal year to ¥5,522 million. The main decrease was ¥352 million in long-term borrowings. In addition, net interest-bearing debt, calculated by deducting cash and deposits from interest-bearing debt at the end of the third quarter of the current consolidated fiscal year, comprising short-term borrowings, long-term borrowings and lease obligations, was negative ¥741 million. Total net assets increased by ¥1,563 million from the end of the previous consolidated fiscal year to ¥23,054 million.」
Total liabilities decreased by ¥329 million, and long-term borrowings decreased by ¥352 million. Net interest-bearing debt was negative ¥741 million, while total net assets increased by ¥1,563 million. - FY2023-Q2AdvancedAnnual report
「Total liabilities decreased by ¥158 million from the end of the previous consolidated fiscal year to ¥5,692 million. The main decrease was ¥231 million in long-term borrowings. In addition, net interest-bearing debt, calculated by deducting cash and deposits from interest-bearing debt at the end of the second quarter of the current consolidated fiscal year, comprising short-term borrowings, long-term borrowings and lease obligations, was negative ¥985 million. Total net assets increased by ¥2,240 million from the end of the previous consolidated fiscal year to ¥23,731 million.」
Total liabilities decreased by ¥158 million, and long-term borrowings also decreased by ¥231 million. Net interest-bearing debt was negative ¥985 million, total net assets increased by ¥2,240 million, and the equity ratio increased from 78.2% to 80.2%. - FY2023-Q1AdvancedAnnual report
「Total liabilities increased by ¥105 million from the end of the previous consolidated fiscal year to ¥5,957 million. The main increase was ¥219 million in short-term borrowings, while the main decreases were ¥149 million in provision for bonuses and ¥56 million in long-term borrowings. In addition, net interest-bearing debt, calculated by deducting cash and deposits from interest-bearing debt at the end of the first quarter of the current consolidated fiscal year, comprising short-term borrowings, long-term borrowings and lease obligations, was negative ¥707 million. Total net assets increased by ¥1,207 million from the end of the previous consolidated fiscal year to ¥22,698 million.」
Total net assets increased by ¥1,207 million from the end of the previous consolidated fiscal year, and net interest-bearing debt was negative ¥707 million. The equity ratio also increased from 75.1% in the same period of the previous year to 78.8%. - FY2022-Q3AdvancedAnnual report
「Total liabilities decreased by ¥520 million from the end of the previous consolidated fiscal year to ¥5,958 million. The main decrease was ¥616 million in long-term borrowings. Total net assets increased by ¥1,683 million from the end of the previous consolidated fiscal year to ¥20,397 million.」
Total liabilities decreased by ¥520 million due in part to the decline in long-term borrowings, while total net assets increased by ¥1,683 million. The equity ratio also increased from 73.9% at the end of the previous consolidated fiscal year to 77.0%. - FY2022-Q2AdvancedAnnual report
「Total liabilities decreased by ¥697 million from the end of the previous consolidated fiscal year to ¥5,782 million. The main decreases were ¥531 million in long-term borrowings and ¥286 million in short-term borrowings, while the main increase was ¥191 million in accounts payable.」
Total liabilities decreased by ¥697 million due in part to declines in long-term and short-term borrowings, and the equity ratio increased from 73.9% at the end of the previous consolidated fiscal year to 76.8%. - FY2022-Q1AdvancedAnnual report
「Equity ratio (%) 68.6 75.1 73.9」
The equity ratio increased from 68.6% in the same quarter of the previous year to 75.1%, exceeding the 73.9% recorded at the end of the previous consolidated fiscal year. Total liabilities also decreased by ¥369 million from the end of the previous consolidated fiscal year. - FY2021-Q3AdvancedAnnual report
「Total liabilities decreased by ¥776 million from the end of the previous consolidated fiscal year to ¥7,147 million. The main decreases were ¥229 million in accounts payable, ¥224 million in short-term borrowings, ¥128 million in provision for bonuses and ¥157 million in long-term borrowings. Total net assets increased by ¥431 million from the end of the previous consolidated fiscal year to ¥17,424 million.」
Total liabilities decreased from the end of the previous consolidated fiscal year, while total net assets increased. The equity ratio rose to 70.6% at the end of the third quarter, from 66.5% in the same quarter of the previous year and 67.9% at the end of the previous consolidated fiscal year. - FY2021-Q2AdvancedAnnual report
「Equity ratio (%) 65.5 70.0 67.9」
The equity ratio increased from 65.5% in the same quarter of the previous year to 70.0%, exceeding the 67.9% recorded at the end of the previous consolidated fiscal year. Total liabilities also decreased by ¥717 million from the end of the previous consolidated fiscal year. - FY2021-Q1AdvancedAnnual report
「Equity ratio (%) 65.4 68.6 67.9」
The equity ratio increased from 65.4% in the same quarter of the previous year to 68.6%, exceeding the 67.9% recorded at the end of the previous consolidated fiscal year. - FY2020AdvancedAnnual report
「Total liabilities decreased by ¥334 million from the end of the previous consolidated fiscal year to ¥7,923 million. The main decrease was ¥1,193 million in short-term borrowings, while the main increase was ¥818 million in long-term borrowings. Total net assets increased by ¥1,759 million from the end of the previous consolidated fiscal year to ¥16,993 million. As a result, the equity ratio at the end of the current consolidated fiscal year was 67.9%, compared with 64.7% at the end of the previous consolidated fiscal year.」
The equity ratio increased from 64.7% to 67.9% due to the decline in short-term borrowings and increase in net assets. - FY2020-Q3The decline in long-term borrowings and increase in the equity ratio continuedAnnual report
「Total liabilities decreased by ¥125 million from the end of the previous consolidated fiscal year to ¥8,132 million. The main decrease was ¥377 million in long-term borrowings, while the main increase was ¥141 million in deferred tax liabilities. Total net assets increased by ¥1,124 million from the end of the previous consolidated fiscal year to ¥16,358 million.」
Long-term borrowings decreased by ¥377 million from the end of the previous consolidated fiscal year, while total net assets increased by ¥1,124 million. The equity ratio increased from 64.7% to 66.5%. - FY2020-Q2The decline in long-term borrowings and increase in short-term borrowings continued, and the equity ratio roseAnnual report
「Total liabilities decreased by ¥55 million from the end of the previous consolidated fiscal year to ¥8,203 million. The main decrease was ¥232 million in notes and accounts payable, while the main increase was ¥133 million in deferred tax liabilities. Total net assets increased by ¥521 million from the end of the previous consolidated fiscal year to ¥15,755 million.」
On the balance sheet, short-term borrowings increased from ¥2,885 million to ¥3,164 million, while long-term borrowings decreased from ¥1,519 million to ¥1,233 million. The equity ratio increased from 64.7% at the end of the previous consolidated fiscal year to 65.5%. - FY2020-Q1Long-term borrowings are declining while short-term borrowings are increasing, and the equity ratio is risingAnnual report
「Total liabilities decreased by ¥254 million from the end of the previous consolidated fiscal year to ¥8,003 million. The main decreases were ¥221 million in notes and accounts payable, ¥142 million in long-term borrowings and ¥139 million in provision for bonuses, while the main increase was ¥229 million in short-term borrowings.」
Total liabilities decreased by ¥254 million. Long-term borrowings decreased by ¥142 million, while short-term borrowings increased by ¥229 million. The equity ratio increased from 64.7% at the end of the previous consolidated fiscal year to 65.4%. - FY2019-Q3The decline in short-term borrowings and increase in long-term borrowings continuedAnnual report
「Total liabilities increased by ¥476 million from the end of the previous consolidated fiscal year to ¥8,083 million. The main increase was ¥843 million in long-term borrowings, while the main decrease was ¥589 million in short-term borrowings. Total net assets increased by ¥1,089 million from the end of the previous consolidated fiscal year to ¥14,352 million.」
Long-term borrowings continued to increase while short-term borrowings declined, and total liabilities increased by ¥476 million. Total net assets increased by ¥1,089 million, and the equity ratio was 63.8%. - FY2019-Q2The decline in short-term borrowings and increase in long-term borrowings continued, and the equity ratio roseAnnual report
「Total liabilities increased by ¥258 million from the end of the previous consolidated fiscal year to ¥7,865 million. The main increase was ¥731 million in long-term borrowings, while the main decrease was ¥379 million in short-term borrowings.」
Long-term borrowings increased by ¥731 million from the end of the previous consolidated fiscal year, while short-term borrowings decreased by ¥379 million. The equity ratio was 63.8%. - FY2019-Q1Short-term borrowings are declining while long-term borrowings are increasing, and the equity ratio is risingAnnual report
「Total liabilities increased by ¥65 million from the end of the previous consolidated fiscal year to ¥7,672 million. The main increase was ¥911 million in long-term borrowings, while the main decrease was ¥767 million in short-term borrowings.」
Total liabilities increased by ¥65 million from the end of the previous consolidated fiscal year, as long-term borrowings increased by ¥911 million while short-term borrowings decreased by ¥767 million. The equity ratio increased from 63.4% to 63.7%. - FY2018-Q3AdvancedAnnual report
「Total liabilities decreased by ¥1,459 million from the end of the previous consolidated fiscal year to ¥7,790 million. The main decreases were ¥540 million in short-term borrowings and ¥557 million in long-term borrowings.」
Total liabilities decreased by ¥1,459 million from the end of the previous consolidated fiscal year, and both short-term and long-term borrowings declined. The equity ratio increased from 57.0% to 62.6%. - FY2018-Q2First statedAnnual report
「Total liabilities decreased by ¥1,213 million from the end of the previous consolidated fiscal year to ¥8,035 million. The main decreases were ¥173 million in notes and accounts payable, ¥310 million in short-term borrowings and ¥423 million in long-term borrowings. As a result, the equity ratio at the end of the second quarter of the current consolidated fiscal year was 61.0%, compared with 57.0% at the end of the previous consolidated fiscal year.」
Compared with the quarterly report for the same quarter of the previous year, the changes in financial position included decreases in short-term and long-term borrowings and an increase in the equity ratio from 57.0% to 61.0%.