Higher Borrowings and a Lower Equity Ratio
First written in FY2021-Q2. . Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 8 of 36 companies on the "Worse" side.
16 other companies' latest entry also says "Other".
- FY2027-H1The equity ratio declined from 68.6% to 66.6%Annual report
「As a result, the equity ratio was 66.6%, compared with 68.6% at the end of the previous fiscal year.」
The equity ratio fell from 68.6% at the end of the previous fiscal year to 66.6%. The decrease in net assets resulting from the ¥436.470 million acquisition of treasury shares was cited as the main factor. - 2026-09-09OtherResults
「As a result, the equity ratio was 66.6%, compared with 68.6% at the end of the previous fiscal year.」
The company disclosed that the equity ratio declined from 68.6% at the end of the previous fiscal year to 66.6%. - FY2026Equity ratio declined from 70.5% to 68.6%Annual report
「The equity ratio was 68.6% (70.5% in the previous period).」
Following the transition to non-consolidated financial statements, the equity ratio was 68.6%, down 1.9 percentage points from 70.5% at the end of the previous fiscal year. - FY2026-H1Equity ratio increased from 70.5% to 70.9%Annual report
「As a result, the equity ratio was 70.9% (70.5% at the end of the previous fiscal year).」
The equity ratio at the end of the current interim accounting period was 70.9%, up 0.4 percentage points from 70.5% at the end of the previous fiscal year. - FY2025Equity ratio increased from 68.7% to 70.5%Annual report
「The equity ratio was 70.5% (68.7% in the previous period).」
Following the transition to non-consolidated financial statements, the equity ratio rose from 68.7% in the previous fiscal year to 70.5%. - FY2025-H1Equity ratio increased to 70.4%Annual report
「As a result, the equity ratio was 70.4% (66.8% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 66.8% at the end of the previous consolidated fiscal year to 70.4%. - FY2025-Q1Equity ratio increased to 67.1%Annual report
「As a result, the equity ratio was 67.1% (66.8% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 66.8% at the end of the previous consolidated fiscal year to 67.1%. - FY2024Equity ratio declined to 66.8%Annual report
「As a result, the equity ratio was 66.8% (71.7% at the end of the previous consolidated accounting period).」
The equity ratio fell from 71.7% at the end of the previous fiscal year to 66.8%. - FY2024-Q3Equity ratio declined from 71.7% to 67.2%Annual report
「As a result, the equity ratio was 67.2% (71.7% at the end of the previous consolidated fiscal year).」
The equity ratio at the end of the third quarter was 67.2%, down from 71.7% at the end of the previous consolidated fiscal year. - FY2024-Q2Equity ratio declined to 70.5%Annual report
「As a result, the equity ratio was 70.5% (71.7% at the end of the previous consolidated fiscal year).」
The equity ratio fell from 71.7% at the end of the previous fiscal year to 70.5%. - FY2024-Q1Equity ratio increased to 71.9%Annual report
「As a result, the equity ratio was 71.9% (71.7% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 71.7% at the end of the previous consolidated fiscal year to 71.9%. - FY2023Equity ratio increased to 71.7%Annual report
「As a result, the equity ratio was 71.7% (62.2% at the end of the previous consolidated accounting period).」
The equity ratio rose from 62.2% at the end of the previous fiscal year to 71.7%, while both short-term and long-term borrowings declined. - FY2023-Q3Equity ratio increased to 70.3%Annual report
「As a result, the equity ratio was 70.3% (62.2% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 62.2% at the end of the previous consolidated fiscal year to 70.3%. Total liabilities also decreased by ¥492.313 million from the end of the previous consolidated fiscal year to ¥971.989 million. - FY2023-Q2Equity ratio increased to 73.2%Annual report
「As a result, the equity ratio was 73.2% (62.2% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 62.2% at the end of the previous consolidated fiscal year to 73.2%, while total liabilities also decreased by ¥621.260 million. - FY2023-Q1Equity ratio increased to 65.8%Annual report
「As a result, the equity ratio was 65.8% (62.2% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 62.2% at the end of the previous period to 65.8%, while total liabilities also decreased by ¥225.150 million. - FY2022Equity ratio increased to 62.2%Annual report
「As a result, the equity ratio was 62.2% (55.6% at the end of the previous consolidated accounting period).」
The equity ratio rose from 55.6% at the end of the previous period to 62.2%, while total short- and long-term borrowings also declined. - FY2022-Q3Equity ratio increased to 62.0%Annual report
「As a result, the equity ratio was 62.0% (55.6% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 55.6% at the end of the previous consolidated fiscal year to 62.0%, while total liabilities decreased by ¥208.017 million from the end of the previous consolidated fiscal year. - FY2022-Q2Equity ratio increased to 65.8%Annual report
「As a result, the equity ratio was 65.8% (55.6% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 55.6% at the end of the previous fiscal year to 65.8%. Total liabilities decreased by ¥449.107 million from the end of the previous fiscal year. - FY2022-Q1Equity ratio increased to 57.2%Annual report
「As a result, the equity ratio was 57.2% (55.6% at the end of the previous consolidated fiscal year).」
The equity ratio rose from 55.6% at the end of the previous fiscal year to 57.2%, while total liabilities decreased by ¥96.206 million from the end of the previous fiscal year. - FY2021Equity ratio declined to 55.6%Annual report
「As a result, the equity ratio was 55.6% (76.9% at the end of the previous consolidated fiscal year).」
The equity ratio declined from 76.9% at the end of the previous fiscal year to 55.6%, reflecting the full-year deterioration in financial indicators due to increased borrowings and a net loss for the current fiscal year. - FY2021-Q3Equity ratio declined further to 59.0%Annual report
「As a result, the equity ratio was 59.0% (76.9% at the end of the previous consolidated fiscal year).」
The equity ratio declined from 76.9% at the end of the previous consolidated fiscal year to 59.0%, falling further from 64.4% reported for the previous quarter. - FY2021-Q2First statedAnnual report
「As a result, the equity ratio was 64.4% (76.9% at the end of the previous consolidated fiscal year).」
The company recorded short-term borrowings of ¥300 million, current portion of long-term borrowings of ¥50.030 million and long-term borrowings of ¥399.770 million, increasing total liabilities by ¥673.071 million from the end of the previous consolidated fiscal year. The equity ratio declined from 76.9% to 64.4%.