Reduction in interest-bearing debt and improvement in the equity ratio
First written in FY2018. 18 of 28 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2027-H1.
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- FY2027-H1AdvancedAnnual report
「Total liabilities decreased by ¥882 million from the end of the previous consolidated fiscal year to ¥3,191 million. The main factors were decreases of ¥500 million in short-term borrowings, ¥123 million in long-term borrowings due within one year, ¥80 million in electronically recorded obligations, and ¥58 million in notes and accounts payable, among others. Total net assets increased by ¥50 million from the end of the previous consolidated fiscal year to ¥5,914 million.」
Total liabilities decreased by ¥882 million, with both short-term and long-term borrowings also declining, while net assets increased by ¥50 million. The equity ratio rose from 58.87% to 64.88%. - FY2026AdvancedAnnual report
「At the end of the current consolidated fiscal year, interest-bearing debt, including borrowings and lease liabilities, stood at ¥2.348 billion. Cash and cash equivalents stood at ¥1.107 billion.」
Interest-bearing debt decreased from ¥2.429 billion at the previous fiscal year-end to ¥2.348 billion, and the equity ratio also rose from 54.96% to 58.87%. Meanwhile, cash and cash equivalents decreased from ¥1.343 billion to ¥1.107 billion. - 2026-05-14AdvancedResults
「負債合計は、前連結会計年度末と比べ３億90百万円減少して40億74百万円となりました。」
負債合計が減少し、短期借入金も21億円へ1億円減少した。 - FY2026-H1AdvancedAnnual report
「Total liabilities decreased by ¥818 million from the end of the previous consolidated fiscal year to ¥3.646 billion. The main factor was a ¥700 million decrease in short-term borrowings, among others. Total net assets increased by ¥502 million from the end of the previous consolidated fiscal year to ¥5.971 billion.」
Liabilities, including short-term borrowings, decreased, while net assets increased. The equity ratio rose from 54.96% at the previous fiscal year-end to 61.96%, indicating an improvement in the company’s financial position. - FY2025AdvancedAnnual report
「At the end of the current consolidated fiscal year, interest-bearing debt, including borrowings and lease liabilities, stood at ¥2.429 billion. Cash and cash equivalents stood at ¥1.343 billion.」
Interest-bearing debt decreased from ¥2.486 billion at the previous fiscal year-end to ¥2.429 billion. Cash and cash equivalents were ¥1.343 billion, and the equity ratio was 54.96%. - FY2025-H1AdvancedAnnual report
「Total liabilities decreased by ¥247 million from the end of the previous consolidated fiscal year to ¥4.573 billion. The main factor was a ¥225 million decrease in refund liabilities, among others. Total net assets increased by ¥366 million from the end of the previous consolidated fiscal year to ¥5.422 billion.」
Liabilities decreased while net assets increased. The equity ratio also rose from 51.19% at the end of the previous consolidated fiscal year to 54.19%, indicating an improvement in the company’s financial position. - FY2024AdvancedAnnual report
「At the end of the current consolidated fiscal year, interest-bearing debt, including borrowings and lease liabilities, stood at ¥2.486 billion.」
Interest-bearing debt decreased from ¥3.119 billion at the previous fiscal year-end to ¥2.486 billion. The equity ratio also rose from 44.10% to 51.19%, indicating an improvement in the company’s financial position. - FY2024-Q3AdvancedAnnual report
「Total liabilities decreased by ¥319 million from the end of the previous consolidated fiscal year to ¥5.455 billion. The main factors were a ¥189 million increase in electronically recorded obligations and decreases of ¥391 million in refund liabilities and ¥99 million in unpaid consumption taxes included in “Other” under current liabilities, among others. Total net assets increased by ¥482 million from the end of the previous consolidated fiscal year to ¥5.038 billion.」
Total liabilities decreased by ¥319 million, while total net assets increased by ¥482 million. The equity ratio also rose from 44.10% at the end of the previous consolidated fiscal year to 48.01%, indicating an improvement in the company’s financial position. - FY2024-Q2AdvancedAnnual report
「Total liabilities decreased by ¥405 million from the end of the previous consolidated fiscal year to ¥5.37 billion. The main factor was a ¥403 million decrease in refund liabilities, among others. Total net assets increased by ¥374 million from the end of the previous consolidated fiscal year to ¥4.929 billion.」
Total liabilities decreased by ¥405 million, while total net assets increased by ¥374 million. The equity ratio also reached 47.86%, and the company’s financial position continued to improve. - FY2024-Q1AdvancedAnnual report
「Total liabilities decreased by ¥396 million from the end of the previous consolidated fiscal year to ¥5.379 billion. The main factors were decreases of ¥276 million in refund liabilities and ¥118 million in notes and accounts payable, among others. Total net assets increased by ¥341 million from the end of the previous consolidated fiscal year to ¥4.897 billion.」
Total liabilities decreased by ¥396 million, while total net assets increased by ¥341 million. The equity ratio also rose from 44.10% at the end of the previous consolidated fiscal year to 47.66%, indicating an improvement in the company’s financial position. - FY2023-Q3AdvancedAnnual report
「Total liabilities decreased by ¥1.234 billion from the end of the previous consolidated fiscal year to ¥5.324 billion. The main factors were decreases of ¥659 million in short-term borrowings and ¥380 million in refund liabilities, among others. Total net assets increased by ¥49 million from the end of the previous consolidated fiscal year to ¥4.552 billion.」
Total liabilities decreased by ¥1.234 billion and short-term borrowings by ¥659 million, while total net assets increased by ¥49 million. The equity ratio also rose from 40.71% at the end of the previous consolidated fiscal year to 46.09%, indicating an improvement in the company’s financial position. - FY2023-Q2AdvancedAnnual report
「Total liabilities decreased by ¥882 million from the end of the previous consolidated fiscal year to ¥5.676 billion. The main factors were decreases of ¥458 million in short-term borrowings and ¥313 million in refund liabilities, among others.」
Total liabilities decreased by ¥882 million and short-term borrowings by ¥458 million, while total net assets increased by ¥76 million. The company’s financial position, which had deteriorated in the previous fiscal year, is improving. - FY2023-Q1AdvancedAnnual report
「Total liabilities decreased by ¥638 million from the end of the previous consolidated fiscal year to ¥5.921 billion. The main factors were a ¥217 million increase in electronically recorded obligations and decreases of ¥456 million in short-term borrowings, ¥213 million in refund liabilities and ¥118 million in notes and accounts payable, among others.」
Total liabilities, including short-term borrowings, decreased, while the equity ratio rose from 40.71% at the end of the previous consolidated fiscal year to 44.15%. - FY2022Interest-bearing debt decreased while the equity ratio also declinedAnnual report
「At the end of the current consolidated fiscal year, interest-bearing debt, including borrowings and lease liabilities, stood at ¥3.93 billion.」
Interest-bearing debt decreased from ¥4.553 billion at the previous fiscal year-end to ¥3.93 billion, while the equity ratio fell from 44.97% to 40.71% due to the decline in net assets. - FY2022-Q3WorsenedAnnual report
「Total liabilities decreased by ¥162 million from the end of the previous consolidated fiscal year to ¥6.037 billion. The main factors were an ¥896 million increase in refund liabilities due to the application of the revenue recognition accounting standards and related standards, and a ¥728 million decrease in short-term borrowings, among others. Total net assets decreased by ¥574 million from the end of the previous consolidated fiscal year to ¥4.492 billion.」
While short-term borrowings and total liabilities decreased, total net assets fell by ¥574 million, and the equity ratio declined from 44.97% at the previous fiscal year-end to 42.67%. - FY2022-Q2Borrowings decreased while net assets also declinedAnnual report
「Total liabilities decreased by ¥62 million from the end of the previous consolidated fiscal year to ¥6.137 billion. The main factors were a ¥951 million increase in refund liabilities due to the application of the revenue recognition accounting standards and related standards, and decreases of ¥719 million in short-term borrowings and ¥176 million in the provision for returned goods due to the application of those standards, among others. Total net assets decreased by ¥127 million from the end of the previous consolidated fiscal year to ¥4.939 billion.」
While short-term borrowings and total liabilities decreased, total net assets fell by ¥127 million, and the equity ratio declined from 44.97% to 44.59%. - FY2022-Q1AdvancedAnnual report
「Total liabilities decreased by ¥151 million from the end of the previous consolidated fiscal year to ¥6.047 billion. The main factors were a ¥785 million increase in refund liabilities due to the application of the revenue recognition accounting standards and related standards, a ¥810 million decrease in short-term borrowings and a ¥176 million decrease in the provision for returned goods due to the application of those standards, among others.」
Short-term borrowings decreased by ¥810 million, and total liabilities also decreased by ¥151 million. The equity ratio rose from 44.97% at the previous fiscal year-end to 45.91%, indicating some improvement in the company’s financial position. - FY2021WorsenedAnnual report
「At the end of the current consolidated fiscal year, interest-bearing debt, including borrowings and lease liabilities, stood at ¥4.553 billion.」
Interest-bearing debt increased from ¥2.475 billion at the previous fiscal year-end to ¥4.553 billion, while the equity ratio fell from 60.33% to 44.97%. - FY2021-Q3WorsenedAnnual report
「Total liabilities increased by ¥2.15 billion from the end of the previous consolidated fiscal year to ¥6.769 billion. The main factors were increases of ¥2.263 billion in short-term borrowings and ¥312 million in the provision for returned goods, as well as decreases of ¥213 million in notes and accounts payable and ¥163 million in electronically recorded obligations, among others. Total net assets decreased by ¥2.236 billion from the end of the previous consolidated fiscal year to ¥4.787 billion.」
Total liabilities increased by ¥2.15 billion due to higher short-term borrowings, while total net assets decreased by ¥2.236 billion. The equity ratio also fell from 60.33% to 41.43%. - FY2021-Q2WorsenedAnnual report
「Total liabilities increased by ¥2.007 billion from the end of the previous consolidated fiscal year to ¥6.626 billion. The main factors were a ¥2.264 billion increase in short-term borrowings and a ¥205 million decrease in notes and accounts payable, among others. Total net assets decreased by ¥719 million from the end of the previous consolidated fiscal year to ¥6.304 billion.」
Short-term borrowings increased by ¥2.264 billion, driving a ¥2.007 billion increase in total liabilities, while total net assets decreased by ¥719 million. The equity ratio also fell from 60.33% at the end of the previous consolidated fiscal year to 48.75%, further worsening the company’s financial position. - FY2021-Q1WorsenedAnnual report
「Total liabilities increased by ¥1.195 billion from the end of the previous consolidated fiscal year to ¥5.813 billion. The main factors were increases of ¥1.236 billion in short-term borrowings and ¥280 million in the provision for returned goods, as well as decreases of ¥245 million in notes and accounts payable and ¥83 million in long-term borrowings, among others. Total net assets decreased by ¥455 million from the end of the previous consolidated fiscal year to ¥6.568 billion.」
Amid the impact of COVID-19, total liabilities, including short-term borrowings, increased by ¥1.195 billion, while total net assets decreased by ¥455 million. The equity ratio also fell from 60.33% to 53.05%. - FY2020WorsenedAnnual report
「At the end of the current consolidated fiscal year, interest-bearing debt, including borrowings and lease liabilities, stood at ¥2.475 billion.」
Interest-bearing debt increased from approximately ¥1.749 billion at the previous fiscal year-end to ¥2.475 billion, while the equity ratio fell from 67.25% to 60.33%. Net assets also decreased by ¥1.688 billion due to the net loss for the fiscal year and dividends. - FY2020-Q3Liabilities and net assets both decreasedAnnual report
「Total liabilities decreased by ¥861 million from the end of the previous consolidated fiscal year to ¥3.381 billion. The main factors were an increase of ¥284 million in the provision for returned goods, and decreases of ¥654 million in short-term borrowings, ¥325 million in notes and accounts payable, ¥65 million in electronically recorded obligations and ¥59 million in the provision for bonuses, among others.」
While total liabilities and short-term borrowings decreased, total net assets fell by ¥1.166 billion due to the posting of a quarterly net loss. Factors indicating an improved financial position coexisted with a decline in net assets. - FY2020-Q2AdvancedAnnual report
「Total liabilities decreased by ¥525 million from the end of the previous consolidated fiscal year to ¥3.717 billion. The main factor was a ¥594 million decrease in short-term borrowings, among others.」
Total liabilities decreased by ¥525 million and short-term borrowings by ¥594 million, while the equity ratio was 69.79%. The company’s financial position continued to improve. - FY2020-Q1AdvancedAnnual report
「Total liabilities decreased by ¥165 million from the end of the previous consolidated fiscal year to ¥4.077 billion. The main factors were increases of ¥331 million in electronically recorded obligations, ¥210 million in the provision for returned goods, ¥105 million in unpaid consumption taxes included in “Other” under current liabilities and ¥84 million in accrued corporate taxes, as well as decreases of ¥823 million in short-term borrowings and ¥154 million in notes and accounts payable, among others.」
Total liabilities decreased by ¥165 million from the end of the previous consolidated fiscal year, while short-term borrowings decreased by ¥823 million. The equity ratio also rose from 67.25% to 68.17%, indicating an improvement in the company’s financial position from the previous fiscal year-end. - FY2019-Q3AdvancedAnnual report
「Total liabilities decreased by ¥698 million from the end of the previous consolidated fiscal year to ¥3.374 billion. The main factors were an increase of ¥266 million in the provision for returned goods, and decreases of ¥572 million in short-term borrowings, ¥297 million in notes and accounts payable and ¥44 million in accrued corporate taxes, among others.」
Total liabilities decreased by ¥698 million from the end of the previous consolidated fiscal year, while short-term borrowings also decreased by ¥572 million. The equity ratio rose from 68.09% at the end of the previous fiscal year to 71.89%. - FY2019-Q2AdvancedAnnual report
「Total liabilities decreased by ¥288 million from the end of the previous consolidated fiscal year to ¥3.784 billion. The main factors were increases of ¥160 million in the provision for returned goods, ¥157 million in electronically recorded obligations and ¥76 million in accrued corporate taxes, as well as decreases of ¥508 million in short-term borrowings and ¥202 million in notes and accounts payable, among others.」
Total liabilities decreased by ¥288 million from the end of the previous consolidated fiscal year, while short-term borrowings also decreased by ¥508 million. The equity ratio rose from 68.09% to 69.90%. - FY2018First statedAnnual report
「Interest-bearing debt, including borrowings and lease liabilities, was also reduced substantially from its peak to ¥1.4 billion, while the equity ratio rose to 67%.」
This describes the company’s financial position after reducing interest-bearing debt to ¥1.4 billion and raising the equity ratio to 67%.