Improving cash efficiency and reducing interest-bearing debt through a CMS

「負債は、借入金を含めた有利子負債が減少した影響等により、前連結会計年度末と比較して5,698百万円の減少となりました。」

「Cash flows from financing activities amounted to an inflow of ¥604 million in the previous consolidated fiscal year, mainly due to the increase in interest-bearing debt and other factors. In the current consolidated fiscal year, cash flows from financing activities also amounted to an inflow, of ¥1,776 million, mainly due to the increase in interest-bearing debt and other factors.」

「当連結会計期間においても有利子負債が増加した影響等により、1,776百万円の資金収入となりました。」

「Cash flows from financing activities amounted to an inflow of ¥642 million in the previous interim consolidated accounting period, mainly due to the increase in interest-bearing debt, but amounted to an outflow of ¥799 million in the current interim consolidated accounting period, as interest-bearing debt was reduced.」

「Introduction of the CMS target balance function Cash concentration rate 75% (fiscal 2024) 90% (fiscal 2025) 85%」

「Cash flows from financing activities amounted to an inflow of ¥642 million in the current interim consolidated accounting period, compared with an outflow of ¥2,623 million in the previous interim consolidated accounting period, when interest-bearing debt was reduced, as interest-bearing debt increased in the current period.」

「In addition, to improve the interest-bearing debt-to-EBITDA ratio, the company introduced a target balance function in the group’s cash management system (CMS) in fiscal 2023 and will continue efforts to improve group cash management and cash efficiency.」

「Liabilities decreased by ¥5,042 million from the end of the previous consolidated fiscal year, reflecting a ¥3,615 million decrease in accounts payable due to payments related to the Hiroshima Station South Exit Plaza redevelopment contract and capital expenditures, and a ¥1,270 million decrease in interest-bearing debt, including borrowings and bonds.」

「Liabilities decreased by ¥5,323 million from the end of the previous consolidated fiscal year, reflecting a ¥3,691 million decrease in accounts payable due to payments related to the Hiroshima Station South Exit Plaza redevelopment contract and capital expenditures, and a ¥2,321 million decrease in interest-bearing debt, including borrowings and bonds.」

「Liabilities decreased by ¥5,173 million from the end of the previous consolidated fiscal year, reflecting decreases in accounts payable related to the Hiroshima Station South Exit Plaza redevelopment contract and capital expenditures, as well as a decrease in interest-bearing debt, including borrowings and bonds.」

「Liabilities decreased by ¥502 million from the end of the previous consolidated fiscal year, as accounts payable decreased by ¥1,556 million due mainly to payments for capital expenditures made in the previous consolidated fiscal year, despite increases in deposits received related to the Hiroshima Station South Exit Plaza redevelopment contract and in interest-bearing debt, including borrowings and bonds.」

「Liabilities decreased by ¥1,011 million from the end of the previous consolidated fiscal year, as interest-bearing debt, including borrowings and bonds, decreased by ¥596 million and accounts payable decreased by ¥1,559 million due mainly to payments for capital expenditures made in the previous consolidated fiscal year, despite an increase in deposits received related to the Hiroshima Station South Exit Plaza redevelopment contract.」

「Liabilities decreased by ¥2,051 million from the end of the previous consolidated fiscal year, as interest-bearing debt, including borrowings and bonds, decreased by ¥2,704 million and accounts payable decreased by ¥1,578 million due mainly to payments for capital expenditures made in the previous consolidated fiscal year, despite an increase in deposits received related to the Hiroshima Station South Exit Plaza redevelopment contract.」

「Liabilities increased by ¥1,071 million from the end of the previous consolidated fiscal year, as interest-bearing debt, including borrowings and bonds, increased by ¥4,792 million, despite a ¥1,872 million decrease in consumption taxes payable, corporate taxes payable and accrued expenses combined due to payments of various taxes and social insurance premiums for which payment deferrals related to COVID-19 had been granted.」

「Liabilities decreased by ¥1,194 million from the end of the previous consolidated fiscal year, despite a ¥3,357 million increase in interest-bearing debt, including borrowings and bonds, mainly because consumption taxes payable, corporate taxes payable and accrued expenses decreased by a combined ¥1,448 million due to payments of various taxes and social insurance premiums for which payment deferrals related to COVID-19 had been granted, and accounts payable decreased by ¥1,863 million due mainly to payments for capital expenditures made in the previous consolidated fiscal year.」

「Liabilities decreased by ¥1,444 million from the end of the previous consolidated fiscal year, as interest-bearing debt, including borrowings and bonds, increased by ¥2,410 million, while consumption taxes payable, corporate taxes payable and accrued expenses decreased by a combined ¥1,427 million due to payments of various taxes and social insurance premiums for which payment deferrals related to COVID-19 had been granted, and accounts payable decreased by ¥2,061 million due mainly to payments for capital expenditures made in the previous consolidated fiscal year.」

「Liabilities decreased by ¥2,699 million from the end of the previous consolidated fiscal year, reflecting a combined ¥942 million decrease in consumption taxes payable and corporate taxes payable due to payments of various taxes for which payment deferrals related to COVID-19 had been granted, as well as a ¥1,541 million decrease in accounts payable due mainly to payments for capital expenditures made in the previous consolidated fiscal year.」

「Liabilities increased by ¥5,180 million from the previous consolidated fiscal year, as interest-bearing debt, including borrowings and bonds, increased by ¥1,654 million, other current liabilities increased by ¥1,332 million due to advance receipt of compensation related to the Miyajima-guchi redevelopment project, and accounts payable, accrued expenses and deposits received increased by a combined ¥1,740 million, partly because the company received deferrals under special measures for payments of social insurance premiums and various taxes related to COVID-19.」

「Liabilities decreased by ¥1,403 million in accounts payable due mainly to payments for capital expenditures made in the previous consolidated fiscal year, while interest-bearing debt, including borrowings and bonds, increased by ¥1,096 million, among other factors.」

「Cash flows from financing activities amounted to an outflow of ¥465 million, as the reduction in interest-bearing debt fell short of the level in the same period of the previous year, resulting in an outflow ¥1,534 million smaller than in the first six months of the previous fiscal year.」

「Liabilities decreased by ¥1,073 million from the end of the previous consolidated fiscal year, as interest-bearing debt, including borrowings and bonds, increased by ¥775 million, while accounts payable decreased by ¥2,108 million due mainly to payments for capital expenditures made in the previous consolidated fiscal year.」

「Liabilities increased by ¥977 million from the end of the previous consolidated fiscal year, reflecting a ¥378 million increase in notes and accounts payable-trade related to purchases for completed construction projects and other items, and a ¥472 million increase in interest-bearing debt, including borrowings and bonds.」

「Liabilities decreased by ¥2,591 million from the end of the previous consolidated fiscal year, reflecting a ¥1,938 million decrease in accounts payable due mainly to payments for capital expenditures made in the previous consolidated fiscal year, and a ¥973 million decrease in interest-bearing debt, including borrowings and bonds.」

「Liabilities decreased by ¥2,665 million from the end of the previous consolidated fiscal year, reflecting a ¥1,806 million decrease in accounts payable due mainly to payments for capital expenditures made in the previous consolidated fiscal year, and a ¥1,667 million decrease in interest-bearing debt, including borrowings and bonds.」

「Liabilities decreased by ¥2,121 million from the end of the previous consolidated fiscal year, reflecting a ¥1,955 million decrease in accounts payable due mainly to payments for capital expenditures made in the previous consolidated fiscal year, and a ¥1,070 million decrease in interest-bearing debt, including borrowings and bonds.」

「Cash flows from financing activities amounted to an outflow of ¥467 million, ¥314 million less than in the previous consolidated fiscal year, as spending on businesses intended to generate future earnings increased and interest-bearing debt began to increase slightly.」

「Liabilities decreased by ¥2,094 million from the end of the previous consolidated fiscal year, as interest-bearing debt, including bonds, increased by ¥774 million to fund capital expenditures, while accounts payable decreased by ¥1,528 million due mainly to payments for capital expenditures made in the previous consolidated fiscal year.」

「Although interest-bearing debt, including bonds, increased by ¥1,140 million to fund capital investments, accounts payable decreased by ¥1,305 million owing to payments for capital investments made in the previous consolidated fiscal year. As a result, total liabilities decreased by ¥91 million from the end of the previous consolidated fiscal year.」

「Although accounts payable decreased by ¥1,464 million owing mainly to payments for capital investments made in the previous consolidated fiscal year, interest-bearing debt, including bonds, increased by ¥978 million and the provision for bonuses increased by ¥708 million. As a result, total liabilities increased by ¥156 million from the end of the previous consolidated fiscal year.」

「Total liabilities decreased by ¥589 million from the end of the previous consolidated fiscal year, mainly owing to a ¥323 million decrease in interest-bearing debt, including borrowings and bonds.」

「Total liabilities decreased by ¥2,103 million from the end of the previous consolidated fiscal year, as accounts payable decreased by ¥1,429 million owing mainly to payments for capital investments made in the previous consolidated fiscal year and interest-bearing debt, including borrowings and bonds, decreased by ¥321 million.」

「Total liabilities decreased by ¥1,496 million from the end of the previous consolidated fiscal year, mainly owing to a ¥1,937 million decrease in interest-bearing debt, including borrowings and bonds.」

「Although other current liabilities increased by ¥392 million owing to an increase in advance receipts for contract construction, interest-bearing debt, including bonds, decreased by ¥2,024 million, and accounts payable decreased by ¥1,150 million owing mainly to payments for capital investments made in the previous consolidated fiscal year. As a result, total liabilities decreased by ¥3,055 million from the end of the previous consolidated fiscal year.」

「Cash flows from financing activities were an outflow of ¥2,781 million, ¥1,899 million more than in the first six months of the previous fiscal year, owing to the reduction in interest-bearing debt.」

「Although other current liabilities increased by ¥817 million owing to an increase in advance receipts for contract construction, interest-bearing debt, including bonds, decreased by ¥2,720 million, and accounts payable decreased by ¥1,377 million owing mainly to payments for capital investments made in the previous consolidated fiscal year. As a result, total liabilities decreased by ¥2,883 million from the end of the previous consolidated fiscal year.」

「In December 2015, the company introduced a cash management system (CMS) to improve the efficiency of consolidated cash flows and reduce interest-bearing debt, and began efforts to strengthen the group's financial position.」