Liquidity Risk Management Amid Increased Borrowings
First written in FY2016. 6 of 27 entries say "Worsened", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2020: 64 of 142 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing liabilities, including borrowings, stood at ¥11,454 million. Cash and cash equivalents stood at ¥3,884 million.」
Against the backdrop of the acquisition of Juvert Co., Ltd. and other factors, interest-bearing liabilities increased to ¥11,454 million, while cash and cash equivalents stood at ¥3,884 million, increasing the Group's reliance on debt financing. - 2026-05-15WorsenedRevision to earnings forecast
「負債につきましては、負債合計の額が20,473百万円となり、前連結会計年度末と比べ12,453百万円の増加となりました。主な要因は、長期借入金5,363百万円の増加、支払手形及び買掛金2,474百万円の増加、短期借入金1,753百万円の増加等によるものです。」
ジュベール社買収等に伴い長期・短期借入金が増加し、負債合計が大幅に増加した。現金及び現金同等物は570百万円増加しているため、流動性状況全体の悪化を確定するものではない。 - FY2026-H1MitigatedAnnual report
「During the six-month consolidated accounting period, the Group's cash and cash equivalents (hereinafter, "funds") increased by ¥150 million from the end of the previous consolidated fiscal year to ¥3,465 million. ... Cash outflows from repayments of long-term borrowings: ¥299 million」
Cash and cash equivalents increased by ¥150 million from the end of the previous period, while ¥299 million of long-term borrowings was repaid. Liquidity conditions improved from the slight decline in cash and changes in the borrowing structure during the previous interim period. - FY2025-H1Slight decline in interim-period cash and changes in borrowing structureAnnual report
「During the six-month consolidated accounting period, the Group's cash and cash equivalents (hereinafter, "funds") decreased by ¥32 million from the end of the previous consolidated fiscal year to ¥3,478 million.」
Cash and cash equivalents declined slightly from ¥3,511 million to ¥3,478 million, while an increase in short-term borrowings coincided with repayments of long-term borrowings. - FY2024MitigatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing liabilities, including borrowings, stood at ¥4,699 million. Cash and cash equivalents stood at ¥3,511 million.」
Interest-bearing liabilities decreased from ¥5,672 million at the end of the previous fiscal year to ¥4,699 million, while cash and cash equivalents increased to ¥3,511 million. - FY2024-Q3Decrease in cash and short-term borrowings, and increase in long-term borrowingsAnnual report
「Current liabilities amounted to ¥4,955 million, a decrease of ¥628 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥301 million in accrued corporate taxes and other taxes and ¥292 million in accrued consumption taxes and other taxes, as well as decreases of ¥907 million in short-term borrowings and ¥221 million in accounts payable, among other factors.」
At the end of the third quarter, short-term borrowings decreased by ¥907 million, while long-term borrowings increased by ¥77 million. Cash and deposits stood at ¥2,802 million, a decrease of ¥185 million from the end of the previous fiscal year. - FY2024-Q2Decrease in cash balance and changes in borrowing structureAnnual report
「During the six-month period ended September 30, the Group's cash and cash equivalents (hereinafter, "funds") decreased by ¥540 million from the end of the previous consolidated fiscal year to ¥2,446 million.」
Cash and cash equivalents decreased by ¥540 million. Meanwhile, short-term borrowings decreased and long-term borrowings increased, resulting in a change in the borrowing structure. - FY2023WorsenedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing liabilities, including borrowings, stood at ¥5,672 million. Cash and cash equivalents stood at ¥2,986 million.」
Interest-bearing liabilities increased from ¥2,394 million at the end of the previous fiscal year to ¥5,672 million, while cash and cash equivalents decreased from ¥3,332 million to ¥2,987 million. - FY2023-Q3WorsenedAnnual report
「Current assets at the end of the third-quarter consolidated accounting period totaled ¥18,929 million, an increase of ¥2,195 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥1,996 million in raw materials and supplies and ¥1,213 million in other current assets, partly offset by a ¥1,224 million decrease in cash and deposits.」
While inventories and other stored supplies increased, cash and deposits decreased by ¥1,224 million. Short-term borrowings increased by ¥3,009 million, and total liabilities also increased by ¥2,213 million. - FY2023-Q2WorsenedAnnual report
「During the cumulative second-quarter period of the current consolidated fiscal year, the Group's cash and cash equivalents, hereinafter referred to as "funds," decreased by ¥937 million from the end of the previous consolidated fiscal year to ¥2,394 million. Total liabilities increased by ¥647 million from the end of the previous consolidated fiscal year to ¥7,455 million.」
Cash and cash equivalents decreased by ¥937 million to ¥2,394 million, while short-term borrowings increased by ¥943 million and long-term borrowings by ¥288 million, resulting in an increase in total liabilities. - FY2023-Q1Lower cash and higher borrowingsAnnual report
「This was mainly due to increases of ¥1,002 million in raw materials and supplies and ¥321 million in work in process, partly offset by a ¥1,151 million decrease in cash and deposits.」
Cash and deposits decreased by ¥1,151 million from the end of the previous fiscal year, while short-term borrowings increased by ¥396 million and long-term borrowings by ¥351 million. - FY2022Both interest-bearing debt and cash balances increasedAnnual report
「Interest-bearing liabilities, including borrowings, totaled ¥2,393 million at the end of the consolidated fiscal year. Cash and cash equivalents totaled ¥3,331 million at the end of the consolidated fiscal year.」
Interest-bearing liabilities increased from ¥1,334 million at the end of the previous fiscal year to ¥2,393 million, while cash and cash equivalents increased from ¥2,327 million to ¥3,331 million. - FY2022-Q3Increase in Long-Term BorrowingsAnnual report
「Non-current liabilities totaled ¥1,143 million, an increase of ¥625 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥528 million in long-term borrowings and ¥91 million in deferred tax liabilities.」
Long-term borrowings at the end of the third quarter increased by ¥528 million from the end of the previous consolidated fiscal year, while non-current liabilities also increased by ¥625 million. - FY2022-Q2Continued increases in cash and short-term borrowingsAnnual report
「This was mainly due to increases of ¥722 million in cash and deposits, ¥300 million in raw materials and supplies, and ¥97 million in electronically recorded monetary claims. This was mainly due to increases of ¥520 million in other current liabilities, ¥93 million in short-term borrowings, and ¥60 million in notes and accounts payable.」
Cash and deposits at the end of the second quarter increased by ¥722 million from the end of the previous fiscal year, while short-term borrowings increased by ¥93 million. - FY2022-Q1Increase in cash and short-term borrowingsAnnual report
「This was mainly due to increases of ¥625 million in cash and deposits and ¥388 million in notes receivable, accounts receivable and contract assets, partly offset by a ¥492 million decrease in electronically recorded monetary claims.」
Cash and deposits at the end of the first quarter increased by ¥625 million, while short-term borrowings also increased by ¥171 million. - FY2021Increase in both interest-bearing liabilities, including short-term borrowings, and cash balanceAnnual report
「Interest-bearing liabilities, including borrowings, totaled ¥1,334 million at the end of the consolidated fiscal year. Cash and cash equivalents totaled ¥2,327 million at the end of the consolidated fiscal year.」
Interest-bearing liabilities increased from ¥687 million at the end of the previous fiscal year to ¥1,334 million, while cash and cash equivalents increased from ¥1,582 million to ¥2,327 million. - FY2021-Q3Decrease in short-term borrowings and increase in cash balanceAnnual report
「Total liabilities increased by ¥286 million from the end of the previous consolidated fiscal year to ¥4,081 million. This was mainly due to increases of ¥537 million in short-term borrowings and ¥187 million in notes and accounts payable, partly offset by decreases of ¥186 million in income taxes payable, ¥177 million in provision for bonuses, and ¥126 million in long-term borrowings.」
Short-term borrowings increased by ¥537 million, bringing total liabilities to ¥4,081 million. Cash and deposits totaled ¥1,705 million, an increase of ¥123 million from the end of the previous fiscal year. - FY2021-Q2Increase in both short-term borrowings and cash balanceAnnual report
「Total liabilities increased by ¥141 million from the end of the previous consolidated fiscal year to ¥3,935 million, mainly because short-term borrowings increased by ¥268 million and accounts payable decreased by ¥144 million.」
Short-term borrowings increased by ¥268 million, while cash and deposits increased by ¥427 million to ¥2,009 million. - FY2021-Q1Increase in short-term borrowings and cash balanceAnnual report
「Short-term borrowings 481,138 727,691」
Short-term borrowings increased from ¥481 million at the end of the previous consolidated fiscal year to ¥728 million, while cash and deposits increased from ¥1,582 million to ¥1,784 million. - FY2020WorsenedAnnual report
「Interest-bearing liabilities, including borrowings, totaled ¥687 million at the end of the consolidated fiscal year. Cash and cash equivalents totaled ¥1,582 million at the end of the consolidated fiscal year.」
Interest-bearing liabilities increased from ¥492 million at the end of the previous fiscal year to ¥687 million, while cash and cash equivalents decreased from ¥1,993 million to ¥1,582 million. - FY2020-Q3Recognition of long-term borrowings balanceAnnual report
「Long-term borrowings — 248,000」
Long-term borrowings, which had no balance at the end of the previous consolidated fiscal year, totaled ¥248 million at the end of the third-quarter accounting period. - FY2020-Q2Increase in funding through long-term borrowingsAnnual report
「Liabilities increased by ¥47 million from the end of the previous consolidated fiscal year to ¥3,516 million, mainly because notes and accounts payable decreased by ¥131 million while long-term borrowings increased by ¥290 million.」
Long-term borrowings increased by ¥290 million, and ¥500 million in proceeds from long-term borrowings was recorded in financing activities. Cash and cash equivalents increased to ¥2,432 million. - FY2020-Q1Increase in long-term borrowings and cash on handAnnual report
「Liabilities increased by ¥68 million from the end of the previous consolidated fiscal year to ¥3,538 million, mainly because long-term borrowings increased by ¥332 million.」
Long-term borrowings increased by ¥332 million, while cash and deposits increased by ¥263 million, resulting in a change in the liquidity position. - FY2019MitigatedAnnual report
「Interest-bearing liabilities, including borrowings, totaled ¥492 million at the end of the consolidated fiscal year. Cash and cash equivalents totaled ¥1,993 million at the end of the consolidated fiscal year.」
Interest-bearing liabilities decreased to ¥492 million, while cash and cash equivalents were maintained at ¥1,993 million. - FY2018ReframedAnnual report
「The group’s basic policy is to ensure stable liquidity and sources of funds required for business operations. Short-term working capital is funded primarily by internal funds and short-term borrowings from financial institutions, while capital expenditures and long-term working capital are funded primarily by long-term borrowings from financial institutions.」
In addition to monthly cash flow planning and maintaining cash on hand and other liquid assets, the Company stated its basic policy of securing stable liquidity and funding sources by combining internally generated funds with short- and long-term borrowings. - FY2018-Q2Increase in short-term borrowings confirmedAnnual report
「This was mainly due to a net increase of ¥673 million in short-term borrowings.」
Short-term borrowings increased by a net ¥673 million during the cumulative second-quarter period, contributing to an increase in cash and cash equivalents. - FY2016First statedAnnual report
「The Company manages liquidity risk by preparing and updating monthly cash flow plans and maintaining cash on hand and other liquid assets.」
Liquidity risk is managed through monthly cash flow planning and the maintenance of cash on hand and other liquid assets.