Interest-Bearing Debt and Interest Rate Fluctuations
First written in FY2018. 15 of 29 entries say "Worsened", first in FY2020-Q3. Latest entry: 2026-10-09.
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
- FY2027-H1WorsenedAnnual report
「Liabilities increased by ¥812 million from the end of the previous consolidated fiscal year to ¥16,705 million. This was mainly due to an ¥856 million increase in long-term borrowings.」
Liabilities increased by ¥812 million from the end of the previous fiscal year, while long-term borrowings also increased by ¥856 million. The expansion of interest-bearing debt exposure is noted. - 2026-07-10WorsenedEarnings
「This was mainly due to the procurement of ¥2.2 billion in long-term borrowings to fund capital investment.」
The Company raised ¥2.2 billion in long-term borrowings to fund capital investment, increasing liabilities by ¥1,461 million from the end of the previous fiscal year. - FY2026WorsenedAnnual report
「Liabilities increased by ¥336 million from the end of the previous consolidated fiscal year to ¥15,892 million. This was mainly due to a ¥299 million increase in long-term borrowings and a ¥399 million increase in asset retirement obligations.」
Liabilities increased by ¥336 million from the end of the previous fiscal year, and long-term borrowings also increased by ¥299 million. The increase in interest-bearing debt exposure is disclosed. - 2026-04-10WorsenedRevision of earnings forecasts
「Liabilities increased by ¥336 million from the end of the previous consolidated fiscal year to ¥15,892 million. This was mainly due to increases in long-term borrowings and accrued expenses.」
Total liabilities increased from the end of the previous consolidated fiscal year, with long-term borrowings cited as a major contributing factor. - FY2026-H1WorsenedAnnual report
「Liabilities increased by ¥974 million from the end of the previous consolidated fiscal year to ¥16,531 million. This was mainly due to a ¥1,389 million increase in long-term borrowings, a ¥900 million decrease in short-term borrowings and a ¥421 million delay in accrued expenses for social insurance premiums and other payments because the end of the current interim consolidated accounting period fell on a Sunday.」
Liabilities at the end of the interim period increased by ¥974 million from the end of the previous fiscal year. Long-term borrowings increased by ¥1,389 million, while short-term borrowings decreased by ¥900 million, resulting in a change in the composition of interest-bearing debt. - FY2025MitigatedAnnual report
「Liabilities decreased by ¥309 million from the end of the previous consolidated fiscal year to ¥15,556 million. This was mainly due to a ¥1,483 million decrease in long-term borrowings, including amounts due for repayment within 1 year, and a ¥900 million increase in short-term borrowings.」
Total liabilities decreased by ¥309 million, and long-term borrowings decreased by ¥1,483 million. Meanwhile, short-term borrowings increased by ¥900 million. - FY2025-H1WorsenedAnnual report
「Liabilities increased by ¥679 million from the end of the previous consolidated fiscal year to ¥16,545 million. This was mainly due to a ¥328 million increase in long-term borrowings.」
Liabilities at the end of the interim period increased by ¥679 million from the end of the previous fiscal year, and long-term borrowings also increased by ¥328 million. The expansion of interest-bearing debt exposure is disclosed. - FY2025-Q1WorsenedAnnual report
「Liabilities increased by ¥1,316 million from the end of the previous consolidated fiscal year to ¥17,183 million. This was mainly due to an increase in long-term borrowings.」
Liabilities increased by ¥1,316 million from the end of the previous fiscal year to ¥17,183 million. The primary factor was an increase in long-term borrowings, resulting in expanded interest-bearing debt exposure. - FY2024MitigatedAnnual report
「Liabilities decreased by ¥997 million from the end of the previous consolidated fiscal year to ¥15,866 million. This was mainly due to a ¥195 million decrease in long-term borrowings, including amounts due for repayment within 1 year, and a ¥620 million decrease in short-term borrowings.」
Liabilities decreased by ¥997 million from the end of the previous fiscal year due to decreases in long-term and short-term borrowings, resulting in lower interest-bearing debt exposure. - FY2024-Q2MitigatedAnnual report
「Liabilities decreased by ¥339 million from the end of the previous consolidated fiscal year to ¥16,524 million. This was mainly due to a decrease in long-term borrowings.」
Liabilities decreased by ¥339 million from the end of the previous fiscal year, and interest-bearing debt exposure continues to contract, primarily due to a decrease in long-term borrowings. - FY2024-Q1MitigatedAnnual report
「Liabilities decreased by ¥174 million from the end of the previous consolidated fiscal year to ¥16,689 million. This was mainly due to a decrease in long-term borrowings.」
Liabilities decreased by ¥174 million from the end of the previous fiscal year, primarily due to a decrease in long-term borrowings. Interest-bearing debt exposure continues to contract. - FY2023MitigatedAnnual report
「Liabilities decreased by ¥4,732 million from the end of the previous consolidated fiscal year to ¥16,864 million. This was mainly due to a ¥4,890 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥4,890 million, and total liabilities decreased by ¥4,732 million from the end of the previous fiscal year. Interest-bearing debt exposure continues to contract. - FY2023-Q3MitigatedAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year decreased by ¥5,095 million from the end of the previous consolidated fiscal year to ¥29,023 million. This was mainly due to a decrease in cash and deposits resulting from the repayment of long-term borrowings, including the subordinated loan with equity-like characteristics. Of the ¥5,000 million raised through the subordinated loan with equity-like characteristics implemented in January 2021, ¥2,000 million was repaid. Liabilities decreased by ¥4,632 million from the end of the previous consolidated fiscal year to ¥16,964 million. This was mainly due to a decrease in long-term borrowings, including the subordinated loan with equity-like characteristics.」
Of the ¥5,000 million raised through the subordinated loan with equity-like characteristics, ¥2,000 million was repaid, and liabilities, including long-term borrowings, decreased by ¥4,632 million from the end of the previous fiscal year. Interest-bearing debt exposure continues to contract. - FY2023-Q2MitigatedAnnual report
「Liabilities decreased by ¥3,608 million from the end of the previous consolidated fiscal year to ¥17,988 million. This was mainly due to decreases in long-term borrowings and accrued corporate taxes.」
Liabilities decreased by ¥3,608 million from the end of the previous fiscal year, and interest-bearing debt exposure contracted, primarily due to a decrease in long-term borrowings. - FY2023-Q1MitigatedAnnual report
「Liabilities decreased by ¥1,004 million from the end of the previous consolidated fiscal year to ¥20,592 million. This was mainly due to decreases in long-term borrowings and accrued corporate taxes.」
Liabilities decreased by ¥1,004 million from the end of the previous fiscal year, primarily due to a decrease in long-term borrowings. Interest-bearing debt exposure contracted. - FY2022MitigatedAnnual report
「Liabilities decreased by ¥4,574 million from the end of the previous consolidated fiscal year to ¥21,597 million. This was mainly due to a ¥2,964 million decrease in long-term borrowings.」
Long-term borrowings decreased by ¥2,964 million, and total liabilities decreased by ¥4,574 million from the end of the previous fiscal year. Interest-bearing debt exposure contracted from the end of the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「Liabilities decreased by ¥3,385 million from the end of the previous consolidated fiscal year to ¥22,786 million. This was mainly due to decreases in long-term borrowings and in accrued consumption taxes and other liabilities resulting from payment of consumption taxes for which payment had been deferred.」
Liabilities decreased by ¥3,385 million from the end of the previous consolidated fiscal year, primarily due to a decrease in long-term borrowings. Interest-bearing debt exposure contracted from the end of the immediately preceding fiscal year. - FY2022-Q2MitigatedAnnual report
「Liabilities decreased by ¥3,029 million from the end of the previous consolidated fiscal year to ¥23,141 million. This was mainly due to decreases in long-term borrowings and in accrued consumption taxes and other liabilities resulting from payment of consumption taxes for which payment had been deferred.」
Liabilities decreased by ¥3,029 million from the end of the previous fiscal year, and interest-bearing debt exposure contracted from the end of the immediately preceding fiscal year, primarily due to a decrease in long-term borrowings. - FY2022-Q1MitigatedAnnual report
「Liabilities decreased by ¥2,053 million from the end of the previous consolidated fiscal year to ¥24,117 million. This was mainly due to decreases in long-term borrowings and in accrued consumption taxes and other liabilities resulting from payment of consumption taxes for which payment had been deferred.」
Liabilities decreased by ¥2,053 million from the end of the previous fiscal year, primarily due to a decrease in long-term borrowings. Interest-bearing debt exposure contracted from the end of the immediately preceding fiscal year. - FY2021WorsenedAnnual report
「Liabilities increased by ¥10,925 million from the end of the previous consolidated fiscal year to ¥26,171 million. This was mainly due to the execution of financing, including the subordinated loan with equity-like characteristics described above, to secure stable funding amid the COVID-19 pandemic, which resulted in a ¥10,353 million increase in long-term borrowings.」
Financing during the COVID-19 pandemic increased long-term borrowings by ¥10,353 million and liabilities by ¥10,925 million. The expansion of interest-bearing debt exposure is disclosed. - FY2021-Q3WorsenedAnnual report
「Liabilities increased by ¥5,803 million from the end of the previous consolidated fiscal year to ¥21,049 million. This was mainly due to an increase in long-term borrowings.」
Liabilities increased by ¥5,803 million from the end of the previous fiscal year to ¥21,049 million. The expansion of interest-bearing debt exposure, primarily due to an increase in long-term borrowings, is disclosed. - FY2021-Q2WorsenedAnnual report
「Liabilities increased by ¥5,279 million from the end of the previous consolidated fiscal year to ¥20,525 million. This was mainly due to an increase in long-term borrowings.」
Liabilities increased by ¥5,279 million from the end of the previous consolidated fiscal year, primarily due to an increase in long-term borrowings. The expansion of interest-bearing debt exposure continues to be disclosed. - FY2021-Q1WorsenedAnnual report
「Liabilities increased by ¥8,731 million from the end of the previous consolidated fiscal year to ¥23,977 million. This was mainly due to an increase in long-term borrowings.」
Liabilities increased by ¥8,731 million from the end of the previous fiscal year, reflecting an expansion of interest-bearing debt exposure primarily due to an increase in long-term borrowings. - FY2020WorsenedAnnual report
「Liabilities increased by ¥1,998 million from the end of the previous consolidated fiscal year to ¥15,245 million. This was mainly due to a ¥1,362 million increase in long-term borrowings.」
For the full year, liabilities increased by ¥1,998 million from the end of the previous fiscal year, and long-term borrowings also increased by ¥1,362 million. The expansion of interest-bearing debt exposure is disclosed. - FY2020-Q3WorsenedAnnual report
「Liabilities increased by ¥2,894 million from the end of the previous consolidated fiscal year to ¥16,141 million. This was mainly due to increases in long-term and short-term borrowings and an increase in accrued expenses resulting from higher personnel costs.」
Liabilities increased by ¥2,894 million from the end of the previous consolidated fiscal year, primarily due to increases in long-term and short-term borrowings. This is described as an expansion of financial exposure associated with increased interest-bearing debt. - FY2019RestatedAnnual report
「Our group primarily finances the funds required for store construction costs, security deposits and other expenses related to opening stores through borrowings from financial institutions. Although we intend to manage the business under a conservative financial policy, including reducing interest-bearing debt, sharp changes in interest rates could affect our group's results of operations.」
Reliance on borrowings and the resulting interest-rate risk, together with a conservative financial policy including the reduction of interest-bearing debt, are reiterated. - FY2018First statedAnnual report
「Our group primarily finances the funds required for store construction costs, security deposits and other expenses related to opening stores through borrowings from financial institutions. Although we intend to manage the business under a conservative financial policy, including reducing interest-bearing debt, sharp changes in interest rates could affect our group's results of operations.」
The risk associated with reliance on borrowings to fund store openings and the potential impact of sharp interest-rate changes on results of operations are identified, while a conservative financial policy, including reducing interest-bearing debt, is also described.