Increase in Total Assets and Liabilities and Decrease in Net Assets Associated with the Acquisition of a New Head Office and Other Factors
First written in FY2017-Q3. 8 of 28 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Contraction in total assets, liabilities and net assets due to lower revenue and an operating lossAnnual report
「As of the end of the current fiscal year, total assets decreased 12.9% from the end of the previous fiscal year to ¥8,444 million. Liabilities amounted to ¥539 million and net assets to ¥7,904 million.」
Total assets decreased from ¥9,689 million to ¥8,444 million, liabilities from ¥1,483 million to ¥539 million, and net assets from ¥8,206 million to ¥7,904 million. - FY2026-H1Smaller balance sheet due to an operating deficit and a decrease in working capitalAnnual report
「As of the end of the interim consolidated accounting period, total assets amounted to ¥8,396 million, down ¥1,293 million from the end of the previous fiscal year, mainly due to decreases in notes and accounts receivable—trade and merchandise and finished goods in the insulation materials business. Liabilities amounted to ¥850 million, down ¥632 million, mainly due to decreases in short-term borrowings, accrued income taxes, other current liabilities and other non-current liabilities. Net assets amounted to ¥7,545 million, down ¥660 million, mainly due to decreases in retained earnings following the recognition of an interim net loss attributable to owners of the parent and in the foreign currency translation adjustment account.」
Total assets decreased by ¥1,293 million due to decreases in accounts receivable, inventories and other items, while liabilities decreased by ¥632 million due to decreases in short-term borrowings and other items. Net assets decreased by ¥660 million due to the interim net loss and other factors. - FY2025AdvancedAnnual report
「As of the end of the current fiscal year, total assets decreased 0.7% from the end of the previous fiscal year to ¥9,689 million. The balance of net assets increased 8.7% to ¥8,206 million.」
Fixed assets increased due to capital investment and other factors, while total assets declined slightly. Net assets increased 8.7% due to the recognition of profit and an increase in the foreign currency translation adjustment account. - FY2025-H1AdvancedAnnual report
「As of the end of the interim consolidated accounting period, total assets amounted to ¥11,027 million, up ¥1,270 million from the end of the previous fiscal year, mainly due to an increase in notes and accounts receivable—trade in the insulation materials business. Liabilities amounted to ¥2,649 million, up ¥444 million, mainly due to an increase in advances received associated with orders in the insulation materials business. Net assets amounted to ¥8,377 million, up ¥826 million, mainly due to the recognition of interim net income attributable to owners of the parent and an increase in the foreign currency translation adjustment account.」
Total assets, liabilities and net assets expanded from the end of the previous fiscal year due to increases in receivables and advances received associated with orders and sales in the insulation materials business, as well as the recognition of profit. - FY2024-Q3AdvancedAnnual report
「As of the end of the third quarter of the current fiscal year, total assets increased by ¥3,126 million from the end of the previous fiscal year to ¥8,936 million. Liabilities increased by ¥1,123 million to ¥3,544 million. Net assets increased by ¥2,002 million to ¥5,391 million, mainly due to an increase in retained earnings following the recognition of quarterly net income attributable to owners of the parent.」
Total assets, liabilities and net assets expanded from the end of the previous fiscal year due to increases in cash and deposits, inventories, prepayments and advances received associated with higher sales and orders in the insulation materials business, as well as the recognition of profit. - FY2024-Q2AdvancedAnnual report
「As of the end of the second quarter of the current fiscal year, total assets amounted to ¥8,196 million, up ¥2,386 million from the end of the previous fiscal year, mainly due to increases in cash and deposits from higher sales in the insulation materials business, raw materials and supplies associated with higher orders, other current assets due to higher prepayments for material purchases, and property, plant and equipment from capital investment to meet orders in the insulation materials business. Liabilities amounted to ¥3,990 million, up ¥1,569 million, mainly due to an increase in advances received associated with an increase in insulation materials business contracts. Net assets amounted to ¥4,205 million, up ¥816 million, mainly due to an increase in retained earnings following the recognition of quarterly net income attributable to owners of the parent.」
Expansion of orders and sales in the insulation materials business and capital investment increased total assets to ¥8,196 million, liabilities to ¥3,990 million and net assets to ¥4,205 million. - FY2024-Q1AdvancedAnnual report
「As of the end of the first quarter of the current fiscal year, total assets amounted to ¥6,435 million, up ¥625 million from the end of the previous fiscal year, mainly due to increases in raw materials and supplies associated with higher orders in the insulation materials business and in other current assets due to higher prepayments for material purchases. Liabilities amounted to ¥2,880 million, up ¥460 million, mainly due to an increase in advances received associated with higher orders in the insulation materials business. Net assets amounted to ¥3,554 million, up ¥165 million, mainly due to an increase in retained earnings following the recognition of quarterly net income attributable to owners of the parent.」
Total assets, liabilities and net assets increased from the end of the previous fiscal year, mainly due to increases in inventories, prepayments and advances received associated with higher orders in the insulation materials business. - FY2023AdvancedAnnual report
「The balance of fixed assets increased 107.1% from the end of the previous fiscal year to ¥1,372 million. This was mainly due to increases in buildings and structures, machinery, equipment and vehicles resulting from the acquisition of buildings and equipment for the Fukushima Futaba Plant.」
Fixed assets increased 107.1% year on year due to the acquisition of buildings and equipment for the Fukushima Futaba Plant, confirming the expansion of the balance sheet from plant construction for the full fiscal year. - FY2023-Q3AdvancedAnnual report
「Total assets amounted to ¥5,390 million, up ¥1,041 million from the end of the previous fiscal year, mainly due to increases in property, plant and equipment from the acquisition of buildings and equipment for the Fukushima Futaba Plant and in construction in progress from the recognition of payments related to the acquisition. Liabilities amounted to ¥1,774 million, up ¥175 million, due to an increase in accrued income taxes associated with strong performance in the insulation materials business, an increase in advances received associated with higher orders and other factors. Net assets amounted to ¥3,616 million, up ¥865 million, due to decreases in share capital and capital surplus from a reduction in capital, increases in share capital and capital surplus from the exercise of share acquisition rights, increases in retained earnings from deficit elimination and the recognition of quarterly net income attributable to owners of the parent, an increase in the foreign currency translation adjustment account and other factors.」
Total assets increased by ¥1,041 million due to the acquisition of buildings and equipment for the Fukushima Futaba Plant. Net assets increased by ¥865 million, partly due to increases in taxes and advances received associated with strong performance in the insulation materials business. - FY2023-Q2AdvancedAnnual report
「As of the end of the second quarter of the current fiscal year, total assets amounted to ¥5,368 million, up ¥1,019 million from the end of the previous fiscal year, mainly due to an increase in construction in progress related to payments for the acquisition of buildings and equipment for the Fukushima Futaba Plant. Liabilities amounted to ¥1,806 million, up ¥208 million, mainly due to an increase in advances received associated with higher orders in the insulation materials business. Net assets amounted to ¥3,562 million, up ¥811 million, due to decreases in share capital and capital surplus from a reduction in capital, increases in share capital and capital surplus from the exercise of share acquisition rights, increases in retained earnings from deficit elimination and the recognition of quarterly net income attributable to owners of the parent, an increase in the foreign currency translation adjustment account and other factors.」
Total assets increased by ¥1,019 million due to construction in progress for the Fukushima Futaba Plant and other factors, while net assets increased by ¥811 million due to the recognition of profit, the exercise of share acquisition rights, deficit elimination and other factors. - FY2023-Q1Increase in total assets and net assets associated with construction of the Fukushima Futaba PlantAnnual report
「As of the end of the first quarter of the current fiscal year, total assets amounted to ¥4,752 million, up ¥402 million from the end of the previous fiscal year, mainly due to an increase in construction in progress related to payments for the acquisition of buildings and equipment for the Fukushima Futaba Plant. Liabilities amounted to ¥1,594 million, down ¥3 million, due to a decrease in accounts payable and other factors, despite an increase in deferred tax liabilities. Net assets amounted to ¥3,157 million, up ¥406 million, mainly due to increases in retained earnings, share capital and capital surplus from the exercise of share acquisition rights, the foreign currency translation adjustment account and other factors.」
Total assets increased by ¥402 million due to construction in progress for the Fukushima Futaba Plant and other factors. Net assets also increased by ¥406 million due to the exercise of share acquisition rights, an increase in retained earnings and other factors. - FY2022Expansion of the balance sheet through construction of the Fukushima Futaba Plant and borrowingsAnnual report
「The balance of fixed assets increased 51.1% from the end of the previous fiscal year to ¥662 million. This was mainly due to increases in construction in progress related to payments for the acquisition of buildings for the Fukushima Futaba Plant, as well as increases in machinery, equipment and vehicles.」
Construction in progress for the Fukushima Futaba Plant and an increase in long-term borrowings lifted total assets, liabilities and net assets above their levels at the end of the previous fiscal year. - FY2022-Q3Total assets, liabilities and net assets all increasedAnnual report
「As of the end of the third quarter of the current fiscal year, total assets amounted to ¥4,064 million, up ¥589 million from the end of the previous fiscal year, mainly due to increases in cash and deposits and property, plant and equipment. Liabilities amounted to ¥1,384 million, up ¥419 million, due to a decrease in short-term borrowings, an increase in long-term borrowings and other factors. Net assets amounted to ¥2,679 million, up ¥169 million, due to a decrease in retained earnings, increases in share capital and capital surplus from the exercise of share acquisition rights, an increase in the foreign currency translation adjustment account and other factors.」
Total assets increased from ¥3,475 million to ¥4,064 million, liabilities from ¥965 million to ¥1,384 million, and net assets from ¥2,509 million to ¥2,679 million. - FY2022-Q2Smaller balance sheet and increase in net assetsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets amounted to ¥3,363 million, down ¥111 million from the end of the previous fiscal year, due to a decrease in cash and deposits and other factors, despite an increase in notes and accounts receivable—trade. Liabilities amounted to ¥820 million, down ¥145 million, mainly due to a decrease in short-term borrowings. Net assets amounted to ¥2,543 million, up ¥33 million, as a decrease in retained earnings was more than offset by an increase in the foreign currency translation adjustment account and other factors.」
Total assets and liabilities decreased, while net assets increased from ¥2,509 million to ¥2,543 million. - FY2022-Q1Decrease in total assets and liabilities, and slight increase in net assetsAnnual report
「As of the end of the first quarter of the current fiscal year, total assets amounted to ¥3,302 million, down ¥172 million from the end of the previous fiscal year, due to decreases in cash and deposits and notes and accounts receivable—trade, despite an increase in merchandise and finished goods and other factors. Liabilities amounted to ¥789 million, down ¥176 million, mainly due to a decrease in short-term borrowings. Net assets amounted to ¥2,513 million, up ¥3 million, as a decrease in retained earnings was more than offset by an increase in the foreign currency translation adjustment account and other factors.」
Total assets decreased by ¥172 million due to decreases in cash and deposits, accounts receivable and other items, while liabilities decreased by ¥176 million due to a decrease in short-term borrowings and other factors. Net assets increased by ¥3 million due to an increase in the foreign currency translation adjustment account and other factors. - FY2021Decrease in net assets due to an operating loss and increase in current liabilitiesAnnual report
「The balance of current liabilities increased 28.5% from the end of the previous fiscal year to ¥834 million. The balance of net assets decreased 4.2% to ¥2,509 million, mainly due to a decrease in retained earnings following the recognition of a net loss attributable to owners of the parent.」
Current liabilities increased 28.5% due to advances received and other items associated with an increase in orders, while net assets decreased 4.2% due to the recognition of a net loss for the period. - FY2021-Q3Decrease in total assets and net assets, and slight increase in liabilitiesAnnual report
「As of the end of the third quarter of the current fiscal year, total assets amounted to ¥3,368 million, down ¥43 million from the end of the previous fiscal year, as increases in notes and accounts receivable—trade, merchandise and finished goods, and property, plant and equipment were offset by a decrease in cash and deposits and other factors. Liabilities amounted to ¥798 million, up ¥4 million, as decreases in current and long-term borrowings due within one year were more than offset by an increase in other current liabilities and other factors. Net assets amounted to ¥2,570 million, down ¥48 million, mainly due to a decrease in retained earnings and other factors.」
Total assets decreased by ¥43 million due to a decrease in cash and deposits and other factors, liabilities increased by ¥4 million, and net assets decreased by ¥48 million due to a decrease in retained earnings and other factors. - FY2021-Q2Higher Liabilities and Lower Net AssetsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets amounted to ¥3,410 million, down ¥2 million from the end of the previous fiscal year, as increases in notes and accounts receivable—trade and merchandise and finished goods were offset by a decrease in cash and deposits and other factors. Liabilities amounted to ¥856 million, up ¥63 million, as a decrease in long-term borrowings due within one year was more than offset by an increase in other current liabilities and other factors. Net assets amounted to ¥2,554 million, down ¥65 million, mainly due to decreases in retained earnings and the foreign currency translation adjustment account.」
Total assets were largely unchanged, while liabilities increased by ¥63 million and net assets decreased by ¥65 million due to decreases in retained earnings, the foreign currency translation adjustment account and other factors. - FY2021-Q1Quarterly decreases in total assets and net assets, and an increase in liabilitiesAnnual report
「As of the end of the first quarter of the current fiscal year, total assets amounted to ¥3,408 million, down ¥4 million from the end of the previous fiscal year, as increases in notes and accounts receivable—trade and merchandise and finished goods were offset by a decrease in cash and deposits and other factors. Liabilities amounted to ¥833 million, up ¥40 million, as decreases in current and long-term borrowings due within one year were more than offset by an increase in other current liabilities and other factors. Net assets amounted to ¥2,574 million, down ¥44 million, mainly due to decreases in retained earnings and the foreign currency translation adjustment account.」
Total assets decreased by ¥4 million due to a decrease in cash and deposits and other factors, liabilities increased by ¥40 million due to an increase in other current liabilities, and net assets decreased by ¥44 million due to decreases in retained earnings and other factors. - FY2020Change in financial structure due to fixed-asset sales, repayment of borrowings and the exercise of share acquisition rightsAnnual report
「The balance of fixed assets decreased 51.4% from the end of the previous fiscal year to ¥495 million. The balance of current liabilities decreased 53.8% to ¥649 million, while the balance of net assets increased 18.5% to ¥2,619 million.」
The sale of operating assets and early repayment of borrowings reduced fixed assets and liabilities, while net assets increased 18.5% due to an increase in capital from the exercise of share acquisition rights. - FY2020-Q3Decreases in fixed assets and borrowings, and an increase in net assets from the exercise of share acquisition rightsAnnual report
「As of the end of the third quarter of the current fiscal year, total assets amounted to ¥3,448 million, down ¥368 million from the end of the previous fiscal year, mainly due to decreases in buildings and structures and land following the disposal of fixed assets. Liabilities amounted to ¥852 million, down ¥755 million, mainly due to a decrease in short-term borrowings. Net assets amounted to ¥2,596 million, up ¥386 million, mainly due to increases in share capital and capital surplus from the exercise of share acquisition rights.」
The disposal of fixed assets and a decrease in short-term borrowings reduced total assets and liabilities, while net assets increased by ¥386 million through the exercise of share acquisition rights. - FY2020-Q2Smaller balance sheet following fixed-asset sales and a decrease in borrowingsAnnual report
「As of the end of the second quarter of the current fiscal year, total assets amounted to ¥3,096 million, down ¥720 million from the end of the previous fiscal year, mainly due to decreases in buildings and structures and land following the disposal of fixed assets. Liabilities amounted to ¥880 million, down ¥727 million, mainly due to a decrease in short-term borrowings. Net assets amounted to ¥2,215 million, up ¥6 million, mainly due to increases in share capital and capital surplus from the exercise of share acquisition rights.」
The sale of fixed assets, including those of the head office, and a decrease in short-term borrowings further reduced total assets and liabilities, while net assets increased slightly due to the exercise of share acquisition rights and other factors. - FY2020-Q1Decreases in fixed assets and borrowings, and an increase in net assetsAnnual report
「As of the end of the first quarter of the current fiscal year, total assets amounted to ¥3,281 million, down ¥536 million from the end of the previous fiscal year, mainly due to decreases in buildings and structures and land following the disposal of fixed assets. Liabilities amounted to ¥997 million, down ¥609 million, mainly due to a decrease in short-term borrowings. Net assets amounted to ¥2,283 million, up ¥73 million, mainly due to increases in share capital and capital surplus from the exercise of share acquisition rights.」
The sale of fixed assets, including those of the former head office, and a decrease in short-term borrowings reduced total assets and liabilities, while net assets increased due to the exercise of share acquisition rights and other factors. - FY2019Decrease in total assets due to the sale of the new head office and the elimination of goodwillAnnual report
「As of the end of the current fiscal year, total assets decreased 9.0% from the end of the previous fiscal year to ¥3,817 million.」
Total assets decreased from ¥4,165 million to ¥3,817 million, while fixed assets decreased 25.8%, mainly due to decreases in head-office-related assets and goodwill. Net assets also decreased to ¥2,209 million due to the net loss for the period. - FY2019-Q3Smaller decreases in total assets, liabilities and net assetsAnnual report
「As of the end of the third quarter of the current fiscal year, total assets amounted to ¥3,963 million, down ¥201 million from the end of the previous fiscal year, mainly due to a decrease in goodwill. Liabilities amounted to ¥1,601 million, down ¥136 million, mainly due to a decrease in borrowings. Net assets amounted to ¥2,362 million, down ¥64 million, mainly due to increases in share capital and capital surplus from the exercise of share acquisition rights, despite a decrease in retained earnings.」
Total assets decreased by ¥201 million from the end of the previous fiscal year, mainly due to a decrease in goodwill, and liabilities also decreased, mainly due to a decrease in borrowings. While capital increased through the exercise of share acquisition rights, net assets decreased by ¥64 million. - FY2019-Q2Decrease in total assets and net assets due to a decrease in goodwill and other factorsAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets decreased by ¥351 million from the end of the previous consolidated fiscal year to ¥3,813 million, mainly due to a decrease in goodwill. Liabilities decreased by ¥118 million to ¥1,619 million, mainly due to decreases in accounts payable and borrowings. Net assets decreased by ¥233 million to ¥2,193 million, mainly due to a decrease in retained earnings.」
Total assets, liabilities and net assets decreased from the end of the previous fiscal year, mainly due to a decrease in goodwill related to the WEB business and a decrease in retained earnings. - FY2017Completion during the fiscal year of the acquisition of the new head office and sale of the former locationsAnnual report
「Total capital investment during the current consolidated fiscal year was ¥647 million, as detailed below by segment. The reporting company invested ¥582 million, mainly in the acquisition and renovation of the new head office building.」
The Company invested ¥582 million in acquiring and renovating the new head office building, and sold the former head office and the Hamura facility in March 2017. - FY2017-Q3First statedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets increased by ¥376 million from the end of the previous consolidated fiscal year to ¥4,195 million, mainly due to an increase in fixed assets resulting from the acquisition of land and a building for the new head office. Liabilities increased by ¥468 million to ¥1,571 million, mainly due to an increase in short-term borrowings. Net assets decreased by ¥92 million to ¥2,623 million, mainly due to changes in the foreign currency translation adjustment account.」
Total assets and liabilities increased following the acquisition of the new head office and other factors, while net assets decreased from the end of the previous consolidated fiscal year due to changes in the foreign currency translation adjustment account and other factors.