Liquidity Risk from Inability to Repay Borrowings and Bonds
First written in FY2017. 4 of 12 entries say "Restated". Latest entry: FY2026.
- FY2026MitigatedAnnual report
「Debt repayment period (years) 5.2 2.5 2.2」
The debt repayment period shortened from 2.5 years in the previous fiscal year to 2.2 years. The maximum repayment period for borrowings and bonds is now 14 years, shortened from 15 years in the previous fiscal year. - 2026-08-10MitigatedEarnings
「Debt repayment period (years) ... Fiscal year ending June 2024 5.2 ... Fiscal year ending June 2025 2.5 ... Fiscal year ending June 2026 2.2」
The debt repayment period declined from 2.5 years to 2.2 years, while the equity ratio increased from 49.6% to 54.2%. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there were no material changes in the business and other risks, including those related to borrowings and bonds. - FY2025WorsenedAnnual report
「Borrowings and bonds are used to procure funds required for normal working capital and capital investment, and are exposed to the risk of being unable to make payments when due. The maximum repayment period after the balance sheet date is 15 years.」
The maximum repayment period for borrowings and bonds has increased from the 5 years previously disclosed to 15 years. - FY2025-H1MitigatedAnnual report
「Liabilities decreased by ¥438 million from the end of the previous consolidated fiscal year to ¥10,412 million. The main factor was an ¥810 million decrease in non-current liabilities due to a decline in long-term borrowings and other items, despite a ¥372 million increase in current liabilities due mainly to an increase in bonds due for redemption within 1 year.」
Although bonds due for redemption within 1 year increased, non-current liabilities decreased by ¥810 million due to declines in long-term borrowings and other items, and total liabilities decreased by ¥438 million. - FY2024WorsenedAnnual report
「Debt repayment period (years) 4.6 3.5 5.2」
The debt repayment period increased from 3.5 years in the previous fiscal year to 5.2 years, indicating a deterioration in the repayment burden associated with borrowings and bonds. - FY2024-Q3AdvancedAnnual report
「Although current liabilities decreased by ¥79 million due to declines in accrued income taxes and Other liabilities (accrued expenses), non-current liabilities increased by ¥303 million due to increases in long-term borrowings and other items, which was the main factor behind the increase in total liabilities.」
Under a funding policy combining short-term and long-term borrowings, non-current liabilities increased by ¥303 million due to an increase in long-term borrowings and other items. - FY2022MitigatedAnnual report
「The maximum repayment period after the balance sheet date is 5 years.」
The maximum repayment period for borrowings and bonds has been shortened from the previously disclosed 9 years to 5 years. - FY2021RestatedAnnual report
「Borrowings and bonds are used to procure funds required for normal working capital and capital investment, and are exposed to the risk of being unable to make payments when due. The maximum repayment period after the balance sheet date is 9 years.」
The company has reaffirmed the liquidity risk associated with borrowings and bonds and the maximum repayment period of 9 years. - FY2019RestatedAnnual report
「Borrowings and bonds are used to procure funds required for normal working capital and capital investment, and are exposed to the risk of being unable to make payments when due. The maximum repayment period after the balance sheet date is 9 years.」
The company has reaffirmed the liquidity risk associated with borrowings and bonds and the maximum repayment period of 9 years. - FY2018RestatedAnnual report
「Borrowings and bonds are used to procure funds required for normal working capital and capital investment, and are exposed to the risk of being unable to make payments when due. The maximum repayment period after the balance sheet date is 9 years.」
The company has reaffirmed the liquidity risk associated with borrowings and bonds and the maximum repayment period of 9 years. It also describes a management process for preparing and updating cash flow plans in a timely manner. - FY2017First statedAnnual report
「Borrowings and bonds are used to procure funds required for normal working capital and capital investment, and are exposed to the risk of being unable to make payments when due. The maximum repayment period after the balance sheet date is 9 years.」
The company explicitly discloses the risk of default on borrowings and bonds and states that the maximum repayment period is 9 years.