Reduction of interest-bearing debt and strengthening of the financial position
First written in FY2016. 21 of 32 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
Daiichi Jitsugyo 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".
- FY2026Increase in borrowings and decline in DERAnnual report
「Interest-bearing debt increased by ¥4,909 million year on year to ¥7,495 million, up 189.9% year on year. The interest-bearing debt ratio (DER) at the end of the consolidated fiscal year was 0.08 times, up from 0.03 times in the previous fiscal year.」
Interest-bearing debt increased, while the equity ratio rose to 51.5%. Against the policy of strengthening the financial position, the year saw a change accompanied by an increase in borrowings. - 2026-05-12WorsenedEarnings
「This was due to an increase in short-term borrowings, despite decreases in accounts payable and notes and accounts payable-trade.」
Short-term borrowings increased from ¥2.1 billion to ¥6.4 billion, and long-term borrowings were newly recorded. Borrowings increased despite the stated direction of reducing interest-bearing debt. - FY2026-H1AdvancedAnnual report
「Short-term borrowings 2,220 2,160」
Short-term borrowings decreased from ¥2,220 million at the end of the previous consolidated fiscal year to ¥2,160 million at the end of the interim period. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2025-H1AdvancedAnnual report
「Short-term borrowings 6,790 2,377 Long-term borrowings 120 60」
The combined total of short-term and long-term borrowings decreased from ¥6,910 million at the end of the previous consolidated fiscal year to ¥2,437 million. Numerical progress consistent with the direction of reducing interest-bearing debt and strengthening the financial position was indicated. - FY2024Increase in interest-bearing debt and DERAnnual report
「Interest-bearing debt increased by ¥1,456 million year on year to ¥7,339 million, up 24.8% year on year. The breakdown was ¥6,790 million in short-term borrowings, including long-term borrowings due for repayment within 1 year, ¥120 million in long-term borrowings, and ¥428 million in other debt. The long-term borrowings were related to the introduction of a new ERP system. The interest-bearing debt ratio (DER) at the end of the consolidated fiscal year was 0.10 times, up from 0.09 times in the previous fiscal year.」
Despite the direction of reducing interest-bearing debt and strengthening the financial position, interest-bearing debt and DER increased during the year due to borrowings related to the new ERP system, among other factors. - FY2024-Q3AdvancedAnnual report
「Short-term borrowings 5,143 3,220 Long-term borrowings 240 150」
Total borrowings decreased from ¥5,383 million at the end of the previous consolidated fiscal year to ¥3,370 million. Numerical progress consistent with the direction of reducing interest-bearing debt and strengthening the financial position was indicated. - FY2024-Q2AdvancedAnnual report
「Short-term borrowings 5,143 3,220 Long-term borrowings 240 180」
Total borrowings decreased from ¥5,383 million at the end of the previous consolidated fiscal year to ¥3,400 million. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2024-Q1AdvancedAnnual report
「Short-term borrowings 5,143 3,576 Long-term borrowings 240 210」
Total borrowings decreased from ¥5,383 million at the end of the previous consolidated fiscal year to ¥3,786 million at the end of the first quarter. Numerical progress consistent with the direction of reducing interest-bearing debt and strengthening the financial position was indicated. - FY2023AdvancedAnnual report
「Interest-bearing debt decreased by ¥1,749 million year on year to ¥5,882 million, down 22.9% year on year. The interest-bearing debt ratio (DER) at the end of the consolidated fiscal year was 0.09 times, down from 0.13 times in the previous fiscal year.」
Both interest-bearing debt and DER declined, indicating numerical progress in strengthening the financial position. - FY2023-Q3AdvancedAnnual report
「Total liabilities increased by ¥8,522 million to ¥82,034 million. This was mainly due to increases in notes and accounts payable-trade and advances received, despite a decrease in short-term borrowings and income taxes payable.」
Short-term borrowings decreased from ¥7,082 million to ¥4,429 million and long-term borrowings from ¥360 million to ¥270 million, bringing total borrowings down from ¥7,442 million at the end of the previous consolidated fiscal year to ¥4,699 million. Numerical progress in reducing interest-bearing debt was indicated. - FY2023-Q2AdvancedAnnual report
「Total liabilities decreased by ¥1,548 million to ¥71,964 million. This was mainly due to decreases in notes and accounts payable-trade and short-term borrowings, despite an increase in advances received.」
Short-term borrowings decreased from ¥7,082 million to ¥6,220 million and long-term borrowings from ¥360 million to ¥300 million, bringing total borrowings down from ¥7,442 million to ¥6,520 million. - FY2023-Q1AdvancedAnnual report
「Total liabilities decreased by ¥3,014 million to ¥70,498 million. This was mainly due to decreases in notes and accounts payable-trade and short-term borrowings, despite an increase in advances received.」
Short-term borrowings decreased from ¥7,082 million to ¥5,220 million and long-term borrowings from ¥360 million to ¥330 million, bringing total borrowings down from ¥7,442 million to ¥5,550 million. - FY2022-Q3AdvancedAnnual report
「Short-term borrowings 7,113 6,334 Long-term borrowings 480 390」
The combined total of short-term and long-term borrowings decreased from ¥7,593 million at the end of the previous consolidated fiscal year to ¥6,724 million at the end of the third quarter. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2022-Q2AdvancedAnnual report
「Short-term borrowings 7,113 6,653 Long-term borrowings 480 420」
The combined total of short-term and long-term borrowings decreased from ¥7,593 million at the end of the previous consolidated fiscal year to ¥7,073 million at the end of the second quarter. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2022-Q1Slight increase in borrowings at the end of the quarterAnnual report
「Short-term borrowings 7,113 7,173 Long-term borrowings 480 450」
From the end of the previous consolidated fiscal year to the end of the first quarter, short-term borrowings increased from ¥7,113 million to ¥7,173 million, while long-term borrowings decreased from ¥480 million to ¥450 million. The total edged up from ¥7,593 million to ¥7,623 million. - FY2021AdvancedAnnual report
「Interest-bearing debt decreased by ¥45 million year on year to ¥7,805 million, down 0.6% year on year. The interest-bearing debt ratio (DER) at the end of the consolidated fiscal year was 0.15 times, down from 0.16 times in the previous fiscal year.」
Both interest-bearing debt and DER declined from the previous fiscal year, indicating numerical progress in strengthening the financial position. - FY2021-Q3AdvancedAnnual report
「Short-term borrowings 7,427 3,849 Long-term borrowings 75 －」
Total borrowings decreased from ¥7,502 million at the end of the previous consolidated fiscal year to ¥3,849 million at the end of the third quarter, while long-term borrowings fell from ¥75 million to zero. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2021-Q2AdvancedAnnual report
「Short-term borrowings ※２ 7,427 ※２ 6,120 Long-term borrowings 75 －」
Total borrowings decreased from ¥7,502 million at the end of the previous consolidated fiscal year to ¥6,120 million at the end of the second quarter, while long-term borrowings fell from ¥75 million to zero. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2021-Q1AdvancedAnnual report
「Short-term borrowings 7,427 7,252 Long-term borrowings 75 －」
Total borrowings decreased from ¥7,502 million at the end of the previous consolidated fiscal year to ¥7,252 million at the end of the first quarter, while long-term borrowings fell from ¥75 million to zero. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2020-Q3AdvancedAnnual report
「Short-term borrowings 7,286 7,306 Long-term borrowings 470 168」
Total borrowings decreased from ¥7,756 million at the end of the previous consolidated fiscal year to ¥7,474 million at the end of the third quarter. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2020-Q2Borrowings increased at the quarterly stageAnnual report
「Short-term borrowings 7,286 8,505 Long-term borrowings 470 269」
Total borrowings increased from ¥7,756 million at the end of the previous consolidated fiscal year to ¥8,774 million at the end of the second quarter. Borrowings increased at the quarterly stage, contrary to the direction of reducing interest-bearing debt and strengthening the financial position. - FY2020-Q1Borrowings increased at the quarterly stageAnnual report
「Short-term borrowings 7,286 7,722 Long-term borrowings 470 369」
Total borrowings increased from ¥7,756 million at the end of the previous consolidated fiscal year to ¥8,091 million at the end of the first quarter. Borrowings increased at the quarterly stage, contrary to the direction of reducing interest-bearing debt and strengthening the financial position. - FY2019-Q3AdvancedAnnual report
「Short-term borrowings 7,437 7,310 Long-term borrowings 923 571」
The combined total of short-term and long-term borrowings decreased from ¥8,360 million at the end of the previous consolidated fiscal year to ¥7,881 million at the end of the third quarter. The change in the figures was consistent with the direction of reducing interest-bearing debt and strengthening the financial position. - FY2019-Q2Borrowings increased at the quarterly stageAnnual report
「Short-term borrowings 7,437 8,077 Long-term borrowings 923 692」
Total borrowings increased from ¥8,360 million at the end of the previous consolidated fiscal year to ¥8,769 million at the end of the second quarter. Borrowings increased at the quarterly stage, contrary to the direction of reducing interest-bearing debt and strengthening the financial position that had continued from the previous fiscal year. - FY2019-Q1AdvancedAnnual report
「Total liabilities decreased by ¥1,210 million to ¥57,973 million. This was mainly due to decreases in trade payables and borrowings, despite an increase in advances received accompanying the increase in operating transactions.」
Borrowings decreased from ¥8,360 million at the end of the previous consolidated fiscal year, comprising ¥7,437 million in short-term borrowings and ¥923 million in long-term borrowings, to ¥6,914 million at the end of the first quarter, comprising ¥6,106 million and ¥808 million, respectively. - FY2018-Q3Borrowings increased at the quarterly stageAnnual report
「Short-term borrowings ※２ 7,854 ※２ 10,780 Long-term borrowings 1,387 1,039」
The combined total of short-term and long-term borrowings increased from ¥9,241 million at the end of the previous consolidated fiscal year to ¥11,819 million at the end of the third quarter. Borrowings increased at the quarterly stage, contrary to the direction of reducing interest-bearing debt and strengthening the financial position. - FY2018-Q2Borrowings increased at the quarterly stageAnnual report
「Short-term borrowings 7,854 8,344 Long-term borrowings 1,387 1,155」
From 31 March 2017 to 30 September 2017, short-term borrowings increased from ¥7,854 million to ¥8,344 million, while long-term borrowings decreased from ¥1,387 million to ¥1,155 million. Total borrowings increased from ¥9,241 million to ¥9,499 million, indicating that the reduction trend continuing from the previous fiscal year had paused at the quarterly stage. - FY2018-Q1AdvancedAnnual report
「Total liabilities decreased by ¥4,560 million to ¥73,327 million. This was mainly due to decreases in notes and accounts payable-trade and borrowings, despite an increase in advances received.」
Borrowings decreased from a total of ¥9,241 million, comprising ¥7,854 million in short-term borrowings and ¥1,387 million in long-term borrowings, to ¥7,959 million, comprising ¥6,688 million and ¥1,271 million, respectively. Progress in reducing interest-bearing debt, which had continued from the previous fiscal year, was also evident at the quarterly stage. - FY2017AdvancedAnnual report
「Interest-bearing debt decreased by ¥1,421 million year on year to ¥9,289 million, down 13.3% year on year. The interest-bearing debt ratio (DER) at the end of the consolidated fiscal year was 0.24 times, down from 0.30 times in the previous fiscal year. Going forward, we will further strengthen our financial position by steadily implementing the action plan in line with the vision and basic policies of the medium-term management plan "ＤＡＳＨ２０１８" and by making effective use of funds throughout the Group on a global basis.」
Both interest-bearing debt and DER declined, indicating concrete progress in strengthening the financial position. - FY2017-Q3RestatedAnnual report
「Total liabilities increased by ¥23,446 million to ¥82,207 million. This was mainly due to increases in advances received related to plant projects and in notes and accounts payable-trade accompanying the increase in purchases, despite a decrease in borrowings.」
At the end of the third quarter, borrowings comprised ¥7,594 million in short-term borrowings and ¥1,502 million in long-term borrowings, both down from the end of the previous consolidated fiscal year. This reconfirms the direction of reducing interest-bearing debt and strengthening the financial position, although no specific additional target was presented. - FY2017-Q2AdvancedAnnual report
「This was mainly due to increases in advances related to plant projects, inventories, and notes and accounts receivable-trade accompanying the increase in net sales, despite a decrease in investment securities.」
The analysis of financial position reported a decline in borrowings, with short-term borrowings decreasing from ¥8,825 million to ¥7,400 million and long-term borrowings from ¥1,850 million to ¥1,618 million. - FY2016First statedAnnual report
「Going forward, we will further strengthen our financial position by steadily implementing the action plan in line with the vision and basic policies of the new medium-term management plan "ＤＡＳＨ２０１８" and by making effective use of funds throughout the Group on a global basis.」
Interest-bearing debt was reported at ¥10,711 million and DER at 0.30 times, with repayment of long-term borrowings and global use of funds indicated.