Interest-Bearing Debt Reduction, Capital Efficiency and Focus on Operating Cash Flow
First written in FY2016. 8 of 37 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
9 other companies' latest entry also says "Other".
- FY2026Continued shift in borrowing mixAnnual report
「Cash used in financing activities during the current consolidated fiscal year was ¥72 million, compared with ¥211 million used in the previous consolidated fiscal year. The main factors included proceeds from borrowings, dividend payments, and repayments of lease obligations.」
Cash used in financing activities decreased from ¥211 million to ¥72 million. Meanwhile, short-term borrowings increased and long-term borrowings were repaid, indicating a continuing change in the borrowing mix. - FY2026-H1Increase in short-term borrowings and repayment of long-term borrowingsAnnual report
「Cash provided by financing activities during the current interim consolidated accounting period was ¥75 million, compared with cash used of ¥109 million in the same period of the previous year. The main factors were an increase in short-term borrowings and payments for the repayment of long-term borrowings.」
Cash provided by financing activities increased by ¥75 million. The borrowing mix changed, with short-term borrowings increasing while long-term borrowings were repaid. - FY2025New borrowings secured by investment securitiesAnnual report
「Investment securities ¥6,100,182 thousand」
At the end of the fiscal year, investment securities valued at ¥6,100.182 million were pledged as collateral, and secured liabilities totaling ¥6,800 million, including short-term borrowings, were recognized. The company newly disclosed borrowings secured by securities held as part of its financial management. - FY2025-H1Decrease in liabilities and change in the borrowing mixAnnual report
「Notes and accounts payable and electronically recorded obligations under current liabilities decreased by ¥331 million and ¥329 million, respectively, while deferred tax liabilities decreased by ¥138 million due to a decline in the fair value of investment securities, among other factors. As a result, total liabilities decreased by ¥803 million from the end of the previous fiscal year to ¥13,646 million.」
Total liabilities decreased by ¥803 million, and deferred tax liabilities also decreased by ¥138 million. Meanwhile, short-term borrowings and long-term borrowings due for repayment within one year increased, resulting in a slight increase in total borrowings. - FY2024Increase in liabilities and deferred tax liabilitiesAnnual report
「Total liabilities increased by ¥541 million from the end of the previous fiscal year to ¥14,449 million. The main factors were a ¥122 million decrease in electronically recorded obligations under current liabilities and a ¥729 million increase in deferred tax liabilities under non-current liabilities, among others.」
Total liabilities increased by ¥541 million from the end of the previous fiscal year. The decrease in electronically recorded obligations was offset by a ¥729 million increase in deferred tax liabilities. - FY2024-Q3Total liabilities broadly flat; deferred tax liabilities upAnnual report
「Notes and accounts payable under current liabilities decreased by ¥265 million, while deferred tax liabilities under non-current liabilities increased by ¥387 million due to the tax effects of fair value measurement of investment securities, among other factors. However, total liabilities showed no material change from the end of the previous fiscal year, amounting to ¥13,926 million.」
Notes and accounts payable decreased by ¥265 million, while deferred tax liabilities increased by ¥387 million due to the tax effects of fair value measurement of investment securities. Total liabilities showed no material change at ¥13,926 million. - FY2024-Q2Change in the long- and short-term borrowing mix and increase in deferred tax liabilitiesAnnual report
「Total liabilities increased by ¥198 million from the end of the previous fiscal year to ¥14,106 million. This was because deferred tax liabilities increased by ¥433 million due to the tax effects of fair value measurement of investment securities, despite a ¥176 million decrease in notes and accounts payable under current liabilities.」
Total liabilities increased by ¥198 million. Notes and accounts payable decreased by ¥176 million, while deferred tax liabilities increased by ¥433 million due to the tax effects of fair value measurement of investment securities. - FY2024-Q1A shift between long- and short-term borrowings alongside a decrease in liabilitiesAnnual report
「Notes and accounts payable under current liabilities decreased by ¥305 million, while deferred tax liabilities under non-current liabilities increased by ¥236 million due to the impact of investment securities, among other factors. As a result, total liabilities decreased by ¥63 million from the end of the previous fiscal year to ¥13,843 million.」
Total liabilities decreased by ¥63 million, while short-term borrowings decreased by ¥251 million and long-term borrowings increased by ¥400 million, indicating a change in the borrowing mix. - FY2023AdvancedAnnual report
「Total liabilities decreased by ¥1,088 million from the end of the previous fiscal year to ¥13,907 million. The main factors were a ¥469 million decrease in notes and accounts payable under current liabilities and a ¥380 million decrease in long-term borrowings under non-current liabilities due to repayments and other factors.」
Long-term borrowings decreased by ¥380 million, and total liabilities decreased by ¥1,088 million. This indicates progress in liability reduction and financial strategy. - FY2023-Q3AdvancedAnnual report
「Total liabilities decreased by ¥372 million from the end of the previous fiscal year to ¥14,622 million. This was due to a ¥132 million decrease in the provision for losses on termination of license agreements, which had been recorded as a provision under current liabilities in the previous fiscal year, a ¥419 million decrease in total borrowings, including short-term borrowings, long-term borrowings due for repayment within one year, and long-term borrowings under non-current liabilities, and a ¥157 million increase in deferred tax liabilities.」
Total borrowings decreased by ¥419 million from the end of the previous fiscal year, and total liabilities decreased by ¥372 million. This indicates progress in reducing liabilities. - FY2023-Q2AdvancedAnnual report
「Total liabilities decreased by ¥288 million from the end of the previous fiscal year to ¥14,706 million. This was due to a ¥130 million decrease in the provision for losses on termination of license agreements, which had been recorded as a provision under current liabilities in the previous fiscal year, and a ¥126 million decrease in total borrowings, including short-term borrowings, long-term borrowings due for repayment within one year, and long-term borrowings under non-current liabilities.」
Total borrowings decreased by ¥126 million from the end of the previous fiscal year, and total liabilities decreased by ¥288 million. - FY2023-Q1AdvancedAnnual report
「Notes and accounts payable decreased by ¥485 million, and short-term borrowings, including long-term borrowings due for repayment within one year, decreased by ¥491 million, while electronically recorded obligations increased by ¥237 million. As a result, total liabilities decreased by ¥585 million to ¥14,409 million.」
Total liabilities decreased by ¥585 million from the end of the previous fiscal year due to a decrease in short-term borrowings and related items. - FY2022Decrease in long-term borrowings and increase in short-term borrowings, with liabilities downAnnual report
「Short-term borrowings, including long-term borrowings due for repayment within one year, amounted to ¥6,564 million, compared with ¥5,573 million at the end of the previous fiscal year. Long-term borrowings under non-current liabilities amounted to ¥1,930 million, compared with ¥3,230 million, resulting in total liabilities of ¥14,995 million, compared with ¥15,406 million at the end of the previous fiscal year. Changes in short-term and long-term borrowings were mainly due to transfers between long-term and short-term borrowings based on repayment maturities.」
Short-term borrowings and related items increased by ¥991 million, while long-term borrowings decreased by ¥1,300 million, resulting in a ¥411 million decrease in total liabilities. The company explained that the main factor was a transfer between long- and short-term borrowings based on repayment maturities. - FY2022-Q3Decrease in long-term borrowings and increase in short-term borrowings, with liabilities downAnnual report
「Short-term borrowings 5,573,000 6,518,000 Long-term borrowings 3,230,000 2,230,000」
Short-term borrowings increased from ¥5,573 million to ¥6,518 million, while long-term borrowings decreased from ¥3,230 million to ¥2,230 million. Total liabilities decreased from ¥15,406 million to ¥14,582 million. - FY2022-Q2Decrease in long-term borrowings and increase in short-term borrowings, with liabilities downAnnual report
「Notes and accounts payable amounted to ¥1,061 million, compared with ¥1,930 million at the end of the previous fiscal year; short-term borrowings amounted to ¥6,019 million, compared with ¥5,573 million; and long-term borrowings amounted to ¥2,630 million, compared with ¥3,230 million. As a result, total liabilities amounted to ¥14,278 million, compared with ¥15,406 million at the end of the previous fiscal year.」
Short-term borrowings increased by ¥446 million, while long-term borrowings decreased by ¥600 million, resulting in a ¥1,128 million decrease in total liabilities. Liabilities decreased alongside a change in the borrowing mix. - FY2022-Q1AdvancedAnnual report
「Notes and accounts payable amounted to ¥1,010 million, compared with ¥1,930 million at the end of the previous fiscal year, and long-term borrowings amounted to ¥3,030 million, compared with ¥3,230 million. As a result, total liabilities amounted to ¥14,171 million, compared with ¥15,406 million at the end of the previous fiscal year.」
Long-term borrowings decreased by ¥200 million and total liabilities decreased by ¥1,235 million. Short-term borrowings increased by ¥39 million, but total borrowings were trending downward. - FY2021-Q3Increase in total borrowings, with a shift between long- and short-term borrowingsAnnual report
「Total liabilities decreased by ¥180 million from the end of the previous fiscal year to ¥14,926 million. The main factors were decreases of ¥854 million in notes and accounts payable and ¥200 million in long-term borrowings, together with a ¥655 million increase in short-term borrowings. Changes in long-term and short-term borrowings were mainly due to transfers between long-term and short-term borrowings based on repayment maturities, but total borrowings increased by ¥454 million.」
Long-term borrowings decreased by ¥200 million, while short-term borrowings increased by ¥655 million, resulting in a ¥454 million increase in total borrowings, including transfers between long- and short-term borrowings based on repayment maturities. - FY2021-Q2Increase in short-term borrowings; temporary financingAnnual report
「Total liabilities decreased by ¥176 million from the end of the previous fiscal year to ¥14,930 million. The main factors were decreases of ¥1,193 million in notes and accounts payable and ¥92 million in electronically recorded obligations under current liabilities, together with a ¥1,092 million increase in short-term borrowings. The increase in short-term borrowings was mainly temporary, for settlement of imported purchases, and reflected a rebound during the current second quarter after a significant decline caused by the impact of COVID-19.」
Total liabilities decreased, while short-term borrowings increased by ¥1,092 million. The company explained that the increase was temporary and related to settlement of imported purchases. - FY2021-Q1WorsenedAnnual report
「In liabilities, notes and accounts payable decreased by ¥1,236 million, but total liabilities decreased by ¥615 million from the end of the previous fiscal year to ¥14,491 million, mainly because short-term borrowings increased by ¥466 million, among other factors.」
Total liabilities decreased by ¥615 million, while short-term borrowings increased by ¥466 million, indicating that the reduction in interest-bearing debt has not progressed uniformly. - FY2020Slight decrease in total borrowings, with a shift between long- and short-term borrowingsAnnual report
「Changes in short-term and long-term borrowings were mainly due to transfers between long-term and short-term borrowings based on repayment maturities, and total borrowings decreased by ¥24 million, with no material change.」
The shift from short- to long-term borrowings continued, but total borrowings decreased only slightly, by ¥24 million, with no material change. - FY2020-Q3Continued shift between long- and short-term borrowings; total borrowings downAnnual report
「Total liabilities decreased by ¥588 million from the end of the previous fiscal year to ¥15,836 million. The main factors were decreases of ¥345 million in notes and accounts payable and ¥2,273 million in short-term borrowings under current liabilities, together with an increase of ¥2,101 million in long-term borrowings under non-current liabilities. Changes in long-term and short-term borrowings were mainly due to transfers between long-term and short-term borrowings based on repayment maturities, and total borrowings decreased by ¥171 million.」
Short-term borrowings decreased by ¥2,273 million, while long-term borrowings increased by ¥2,101 million. The main factor was a transfer between long- and short-term borrowings based on repayment maturities, resulting in a ¥171 million decrease in total borrowings. - FY2020-Q2Overall borrowings down, with a shift between short- and long-term borrowingsAnnual report
「This was mainly due to decreases of ¥1,794 million in short-term borrowings and ¥47 million in provision for returns under current liabilities, an increase of ¥67 million in notes and accounts payable, and an increase of ¥1,501 million in long-term borrowings under non-current liabilities. Changes in long-term and short-term borrowings were mainly due to transfers between long-term and short-term borrowings based on repayment maturities, and total borrowings decreased by ¥292 million.」
Short-term borrowings decreased by ¥1,794 million, while long-term borrowings increased by ¥1,501 million. The main factor was a transfer between long- and short-term borrowings based on repayment maturities, resulting in a ¥292 million decrease in total borrowings. - FY2020-Q1Decrease in Short-Term Borrowings and Increase in Long-Term BorrowingsAnnual report
「In liabilities, notes and accounts payable increased by ¥400 million, but total liabilities decreased by ¥201 million from the end of the previous fiscal year to ¥16,222 million, mainly because short-term borrowings decreased by ¥520 million, among other factors.」
Short-term borrowings decreased by ¥520 million from the end of the previous fiscal year, while long-term borrowings increased by ¥200 million, resulting in a ¥201 million decrease in total liabilities. - FY2019Increase in Short-Term Borrowings and Decrease in Long-Term BorrowingsAnnual report
「In liabilities, notes and accounts payable increased by ¥230 million and short-term borrowings increased by ¥840 million under current liabilities, resulting in a ¥1,065 million increase in total current liabilities. Under non-current liabilities, long-term borrowings decreased by ¥870 million and deferred tax liabilities decreased by ¥111 million, resulting in a ¥913 million decrease in total non-current liabilities. Consequently, total liabilities increased by ¥152 million from the end of the previous fiscal year to ¥16,424 million.」
Short-term borrowings increased by ¥840 million, while long-term borrowings decreased by ¥870 million, resulting in a ¥152 million increase in total liabilities. The borrowing mix continues to change. - FY2019-Q3Increase in Short-Term Borrowings and Decrease in Long-Term BorrowingsAnnual report
「In liabilities, total liabilities decreased by ¥527 million from the end of the previous fiscal year. This was mainly due to a ¥1,614 million increase in short-term borrowings under current liabilities, despite a ¥1,670 million decrease in long-term borrowings under non-current liabilities and a ¥194 million decrease in deferred tax liabilities, among other factors.」
Short-term borrowings increased by ¥1,614 million, while long-term borrowings decreased by ¥1,670 million, resulting in a ¥527 million decrease in total liabilities. The borrowing mix continues to change. - FY2019-Q2Increase in Short-Term Borrowings and Decrease in Long-Term BorrowingsAnnual report
「Borrowings included an increase of ¥770 million in short-term borrowings, but long-term borrowings decreased by ¥1,070 million. As a result, total liabilities decreased by ¥676 million from the end of the previous fiscal year to ¥15,596 million.」
Short-term borrowings increased by ¥770 million, while long-term borrowings decreased by ¥1,070 million, resulting in a ¥676 million decrease in total liabilities. - FY2019-Q1AdvancedAnnual report
「Liabilities decreased by ¥737 million, mainly because notes and accounts payable in current liabilities decreased by ¥588 million. In non-current liabilities, long-term borrowings decreased by ¥200 million to ¥5,230 million. As a result, total liabilities decreased by ¥957 million from the end of the previous consolidated fiscal year to ¥15,314 million.」
Long-term borrowings decreased by ¥200 million and short-term borrowings also decreased by ¥33 million from the end of the previous consolidated fiscal year. Total liabilities decreased by ¥957 million, indicating progress in debt reduction. - FY2018Decrease in Short-Term Borrowings and Increase in Long-Term BorrowingsAnnual report
「Current liabilities decreased by ¥1,148 million, mainly because short-term borrowings decreased by ¥688 million and advances received, accounts payable and other liabilities decreased by ¥376 million. Non-current liabilities increased by ¥278 million, mainly because long-term borrowings increased by ¥170 million and deferred tax liabilities increased by ¥129 million.」
Short-term borrowings decreased by ¥688 million, while long-term borrowings increased by ¥170 million, resulting in an ¥870 million decrease in total liabilities. - FY2018-Q3Decrease in Short-Term Borrowings and Increase in Long-Term BorrowingsAnnual report
「Current liabilities decreased by ¥1,487 million, mainly because short-term borrowings decreased by ¥1,068 million and advances received, accounts payable and other liabilities decreased by ¥421 million. Non-current liabilities increased by ¥1,163 million, mainly because long-term borrowings increased by ¥970 million. As a result, total liabilities decreased by ¥323 million from the end of the previous consolidated fiscal year to ¥16,820 million.」
While short-term borrowings and total liabilities declined, long-term borrowings increased, and the borrowing mix continued to change. - FY2018-Q2Decrease in Short-Term Borrowings and Increase in Long-Term BorrowingsAnnual report
「Current liabilities decreased by ¥811 million, mainly because short-term borrowings decreased by ¥432 million and advances received, accounts payable and other liabilities decreased by ¥457 million. Non-current liabilities increased by ¥404 million, mainly because long-term borrowings increased by ¥370 million. As a result, total liabilities decreased by ¥406 million from the end of the previous consolidated fiscal year to ¥16,737 million.」
While short-term borrowings and total liabilities declined, long-term borrowings increased, and the borrowing mix continued to change. - FY2018-Q1Decrease in short-term borrowings and total liabilitiesAnnual report
「Current liabilities decreased by ¥1,084 million, mainly because notes and accounts payable decreased by ¥511 million and other current liabilities decreased by ¥448 million. Non-current liabilities changed only slightly. As a result, total liabilities decreased by ¥1,013 million from the end of the previous consolidated fiscal year to ¥16,130 million.」
Total liabilities decreased by ¥1,013 million from the end of the previous consolidated fiscal year. Short-term borrowings decreased from ¥7,062 million to ¥6,974.75 million, while long-term borrowings remained unchanged at ¥1,930 million. - FY2017Decrease in long-term borrowings and increase in short-term borrowingsAnnual report
「Cash flows from financing activities decreased by ¥414 million, compared with a decrease of ¥1,028 million in the previous consolidated fiscal year, mainly because payments for the repayment of long-term and short-term borrowings exceeded proceeds from long-term and short-term borrowings, along with dividend payments and other factors.」
Cash flow from financing activities was an outflow of ¥414 million during the period; on the balance sheet, long-term borrowings declined while short-term borrowings increased. - FY2017-Q3Short-term borrowings increased while long-term borrowings declinedAnnual report
「Current liabilities increased by ¥207 million, mainly because notes and accounts payable decreased by ¥1,090 million while short-term borrowings increased by ¥1,468 million. Non-current liabilities decreased by ¥1,306 million, mainly because long-term borrowings decreased by ¥1,518 million. As a result, total liabilities decreased by ¥1,099 million from the end of the previous consolidated fiscal year to ¥16,989 million.」
Short-term borrowings increased by ¥1,468 million, while long-term borrowings decreased by ¥1,518 million, resulting in a ¥1,099 million year-on-year decrease in total liabilities. The borrowing mix continues to change. - FY2017-Q2Change in Borrowing MixAnnual report
「Current liabilities decreased by ¥355 million, mainly because notes and accounts payable decreased by ¥1,251 million while short-term borrowings increased by ¥1,031 million. Non-current liabilities decreased by ¥846 million, mainly because long-term borrowings decreased by ¥812 million. As a result, total liabilities decreased by ¥1,201 million from the end of the previous consolidated fiscal year to ¥16,886 million.」
While long-term borrowings declined, short-term borrowings increased, with the progress in interest-bearing debt reduction and capital efficiency reflected in the change in the borrowing mix. - FY2016First statedAnnual report
「We will also work to strengthen our financial strategy by implementing plans to reduce interest-bearing debt, improving capital efficiency and managing the business with an emphasis on operating cash flow.」
The Company has identified debt reduction, capital efficiency and a focus on operating cash flow as specific measures under its financial strategy.