Improvement of Financial Condition and Reduction of Interest-Bearing Debt
First written in FY2016. 18 of 31 entries say "Worsened", first in FY2020-Q3. Latest entry: 2026-11-05.
Sotetsu Holdings moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 2 of 23 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥25.129 billion to ¥440.597 billion.」
The balance of interest-bearing debt increased from ¥415.468 billion at the end of the previous fiscal year to ¥440.597 billion. - FY2025WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥17.593 billion to ¥415.468 billion.」
The balance of interest-bearing debt increased by ¥17.593 billion from the end of the previous fiscal year, moving in the opposite direction to the debt-reduction policy. - FY2025-H1WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥7.385 billion to ¥405.261 billion.」
The balance of interest-bearing debt increased by ¥7.385 billion from the end of the previous fiscal year, moving in the opposite direction to the policy of reducing interest-bearing debt. - FY2024WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥42.64 billion to ¥397.875 billion.」
The balance of interest-bearing debt increased by ¥42.644 billion from the end of the previous fiscal year, moving in the opposite direction to the theme of debt reduction. - FY2024-Q3WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥16.7 billion to ¥371.934 billion.」
The balance of interest-bearing debt increased by ¥16.703 billion from the end of the previous fiscal year, moving in the opposite direction to the theme of reducing interest-bearing debt. - FY2024-Q2WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥8.86 billion to ¥364.16 billion.」
The balance of interest-bearing debt increased by ¥8.886 billion from the end of the previous fiscal year, moving in the opposite direction to the policy of reducing interest-bearing debt. - FY2024-Q1WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥9.61 billion to ¥364.83 billion.」
The balance of interest-bearing debt increased by ¥9.601 billion from the end of the previous fiscal year, moving in the opposite direction to the policy of reducing interest-bearing debt. - FY2023WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥207 million to ¥355.2 billion.」
The balance of interest-bearing debt increased by ¥207.9 million from the end of the previous fiscal year, moving in the opposite direction to the theme of debt reduction. - FY2023-Q3WorsenedAnnual report
「The balance of interest-bearing debt, comprising borrowings and bonds, increased by ¥15.43 billion to ¥368.54 billion.」
The balance of interest-bearing debt increased by ¥15.403 billion from the end of the previous fiscal year, moving in the opposite direction to the theme of debt reduction. - FY2023-Q2WorsenedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥372.462 billion, an increase of ¥19.311 billion.」
Interest-bearing debt increased by ¥19.311 billion from the end of the previous consolidated fiscal year, moving in the opposite direction to the policy of reducing interest-bearing debt. - FY2023-Q1WorsenedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥376.511 billion, an increase of ¥23.361 billion.」
Interest-bearing debt increased by ¥23.361 billion from the end of the previous consolidated fiscal year, moving in the opposite direction to the policy of reducing interest-bearing debt. - FY2022WorsenedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥353.15 billion, an increase of ¥8.453 billion.」
Interest-bearing debt increased by ¥8.453 billion from the end of the previous consolidated fiscal year, representing a movement in the opposite direction to the existing debt-reduction policy. - FY2022-Q3ReframedAnnual report
「Fiscal 2024 (plan): Interest-bearing debt/EBITDA: 7.4x; fiscal 2030 (plan): Interest-bearing debt/EBITDA: below 7x」
In addition to the existing policy of reducing interest-bearing debt, the Sixth Medium-Term Management Plan and Vision2030 set target interest-bearing debt/EBITDA multiples of 7.4x for fiscal 2024 and below 7x for fiscal 2030. - FY2022-Q2WorsenedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥351.808 billion, an increase of ¥7.111 billion.」
Interest-bearing debt increased by ¥7.111 billion from the end of the previous consolidated fiscal year, representing a movement in the opposite direction to the stated policy of reducing interest-bearing debt. - FY2022-Q1AdvancedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥343.445 billion, a decrease of ¥1.252 billion.」
Interest-bearing debt decreased by ¥1.252 billion from the end of the previous consolidated fiscal year, documenting recent progress toward debt reduction. - FY2021-Q3WorsenedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥356.886 billion, an increase of ¥30.871 billion.」
Interest-bearing debt increased by ¥30.871 billion from the end of the previous consolidated fiscal year, representing a movement in the opposite direction to the policy of reducing interest-bearing debt. - FY2021-Q2AdvancedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥372.374 billion, an increase of ¥46.36 billion.」
Although interest-bearing debt increased from the end of the previous consolidated fiscal year, it decreased recently, from ¥374.937 billion in the previous quarter to ¥372.374 billion, representing a reduction against the debt-reduction target. - FY2021-Q1WorsenedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥374.937 billion, an increase of ¥48.922 billion.」
Interest-bearing debt increased by ¥48.922 billion from the end of the previous consolidated fiscal year, representing a movement in the opposite direction to the policy of reducing debt. - FY2020-Q3WorsenedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥334.581 billion, an increase of ¥13.1 billion.」
Interest-bearing debt increased by ¥13.1 billion from the end of the previous consolidated fiscal year, representing a movement in the opposite direction to the stated debt-reduction theme. - FY2020-Q2AdvancedAnnual report
「Interest-bearing debt, comprising borrowings and bonds, totaled ¥318.481 billion, a decrease of ¥2.999 billion.」
Interest-bearing debt decreased by ¥2.999 billion from the end of the previous consolidated fiscal year, documenting progress in reducing debt. - FY2019RestatedAnnual report
「We will work to increase free cash flow and reduce interest-bearing debt by making effective use of funds within the Group through a cash management system and placing even greater emphasis on the efficiency of capital investment, among other measures.」
The policy of increasing free cash flow and reducing interest-bearing debt by emphasizing the cash management system and capital investment efficiency has been reiterated. - FY2019-Q3RestatedAnnual report
「The Sotetsu Group is currently working to enhance its competitiveness by leveraging the trust built among customers through many years of business operations along the Sotetsu railway corridor, with the aim of becoming the “region's leading group of companies supporting comfortable living,” while strengthening business selection and concentration, maintaining and building the Sotetsu brand by promoting customer-satisfaction management and enhancing the value of the railway corridor, and improving its financial strength, among other initiatives.」
Improving financial strength has been reiterated as an ongoing initiative, but no specific target or new measures for reducing interest-bearing debt have been presented. - FY2017AdvancedAnnual report
「We will work to increase free cash flow and reduce interest-bearing debt by making effective use of funds within the Group through a cash management system and placing even greater emphasis on the efficiency of capital investment, among other measures.」
Interest-bearing debt decreased by ¥5.056 billion from the end of the previous fiscal year to ¥309.799 billion. - FY2017-Q3AdvancedAnnual report
「36th unsecured corporate bond (guaranteed by Sagami Railway Co., Ltd.) ① Total issue amount: ¥15 billion ② Issue date: 30 January 2017 ⑥ Use of proceeds: The proceeds are scheduled to be used for bond redemptions and repayment of borrowings.」
For the ¥15 billion bond issue, the planned use of proceeds for bond redemptions and repayment of borrowings was stated, setting out a specific debt management measure. - FY2017-Q2RestatedAnnual report
「We are working to strengthen business selection and concentration, maintain and build the Sotetsu brand by promoting customer-satisfaction management and enhancing the value of the railway corridor, and improve our financial strength, among other initiatives.」
Improving financial strength has been reiterated as an ongoing initiative. - FY2017-Q1RestatedAnnual report
「We are working to strengthen business selection and concentration, maintain and build the Sotetsu brand by promoting customer-satisfaction management and enhancing the value of the railway corridor, and improve our financial strength, among other initiatives.」
Improving financial strength has been reiterated as an ongoing initiative to enhance corporate value. - FY2016First statedAnnual report
「We will work to increase free cash flow and reduce interest-bearing debt by making effective use of funds within the Group through a cash management system and placing even greater emphasis on the efficiency of capital investment, among other measures.」
Debt reduction through the cash management system, capital investment efficiency and free cash flow has been identified as a priority.