Funding for Capital Investment and Interest Rate Fluctuations
First written in FY2016. 13 of 27 entries say "Mitigated", first in FY2017. Latest entry: 2026-11-05.
The whole theme swung hardest in 2025: 16 of 31 companies on the "Worse" side.
16 other companies' latest entry also says "Mitigated".
- 2026-11-05MitigatedResults
「長期借入金 68,455 45,062」
長期借入金が前連結会計年度末の6,845万5千円から当中間期末の4,506万2千円へ減少した。 - FY2026MitigatedAnnual report
「Interest-bearing liabilities at the end of the consolidated fiscal year totaled ¥69 million, a decrease of ¥40 million from the end of the previous consolidated fiscal year.」
The balance of interest-bearing liabilities decreased from ¥109 million at the end of the previous fiscal year to ¥69.234 million, reducing borrowing exposure. - 2026-05-15MitigatedResults
「長期借入金 108,272 68,455」
長期借入金残高は前期末の1億827万2千円から当期末の6,845万5千円へ減少した。 - FY2026-H1MitigatedAnnual report
「Long-term borrowings 108,272 86,416」
Long-term borrowings decreased from ¥108.272 million at the end of the previous consolidated fiscal year to ¥86.416 million at the end of the interim period, reducing borrowing exposure. - FY2025-H1MitigatedAnnual report
「Cash flows from financing activities decreased by ¥1,396 million, or 182.2% year on year, mainly due to a net decrease of ¥1,000 million in short-term borrowings and ¥376 million in dividend payments.」
The company made net repayments of ¥1,000 million in short-term borrowings, leaving no short-term borrowings outstanding at the end of the interim period. Long-term borrowings also decreased from the end of the previous fiscal year, reducing borrowing exposure. - FY2024WorsenedAnnual report
「Interest-bearing liabilities at the end of the consolidated fiscal year totaled ¥1,149 million, an increase of ¥960 million from the end of the previous consolidated fiscal year.」
The balance of interest-bearing liabilities increased from ¥188 million at the end of the previous fiscal year to ¥1,149 million, mainly because short-term borrowings increased net by ¥1,000 million. The policy of funding capital expenditures with fixed-rate long-term borrowings remains unchanged. - FY2024-Q3WorsenedAnnual report
「Liabilities totaled ¥12,607 million, an increase of ¥99 million from the end of the previous consolidated fiscal year. The main changes included a ¥300 million increase in short-term borrowings, a ¥97 million increase in the provision for gas holder repairs, and a ¥337 million decrease in accounts payable and other balances.」
While long-term borrowings decreased, short-term borrowings increased by ¥300 million, and liabilities also increased by ¥99 million from the end of the previous consolidated fiscal year. Borrowing exposure is expanding, primarily through short-term borrowings. - FY2024-Q2WorsenedAnnual report
「In financing activities, cash decreased by ¥494 million, or 14.7% year on year, due mainly to a net increase of ¥200 million in short-term borrowings, dividend payments of ¥383 million, and expenditures of ¥294 million for the acquisition of treasury shares.」
While long-term borrowings were repaid, short-term borrowings increased net by ¥200 million, and borrowing exposure is expanding again. - FY2024-Q1MitigatedAnnual report
「Long-term borrowings 186,112 180,577」
Long-term borrowings decreased from ¥186.112 million at the end of the previous consolidated fiscal year to ¥180.577 million at the end of the first quarter, resulting in a modest reduction in borrowing exposure. - FY2023MitigatedAnnual report
「Interest-bearing debt decreased by ¥473 million from the end of the previous consolidated fiscal year to ¥188 million.」
Interest-bearing debt decreased by ¥473 million from the end of the previous fiscal year to ¥188 million. This includes ¥182 million in variable-rate borrowings related to the stock benefit trust. - FY2023-Q3Long-term borrowings increased, while borrowing-related liabilities decreased.Annual report
「Long-term borrowings 6,735 186,112」
Long-term borrowings increased from ¥6.735 million at the end of the previous consolidated fiscal year to ¥186.112 million. Meanwhile, fixed liabilities due within one year decreased, and the combined balance of long-term borrowings and those liabilities declined. - FY2023-Q2Lower liabilities and higher long-term borrowingsAnnual report
「Liabilities totaled ¥10,354 million, down ¥2,553 million from the end of the previous consolidated fiscal year. This was due mainly to decreases of ¥1,222 million in other current liabilities and ¥1,032 million in accounts payable and other balances.」
Total liabilities decreased by ¥2,553 million from the end of the previous consolidated fiscal year. In financing activities, the Company received ¥182 million from long-term borrowings and repaid ¥344 million of long-term borrowings, resulting in an increase in the balance of long-term borrowings. - FY2023-Q1Declines in liabilities and borrowings were limited.Annual report
「Liabilities totaled ¥10,658 million, down ¥2,249 million from the end of the previous consolidated fiscal year. This was due mainly to a ¥1,460 million decrease in accounts payable and other balances and a ¥630 million decrease in other current liabilities.」
Total liabilities decreased by ¥2,249 million, mainly due to decreases in accounts payable and other current liabilities. Long-term borrowings remained flat at ¥6.735 million, while fixed liabilities due within one year decreased. - FY2022-Q3WorsenedAnnual report
「Liabilities totaled ¥12,682 million, up ¥1,059 million from the end of the previous consolidated fiscal year. Major changes included increases of ¥1,250 million in short-term borrowings and ¥1,029 million in accounts payable and other balances, as well as decreases of ¥560 million in income taxes payable and ¥499 million in long-term borrowings and fixed liabilities due within one year.」
Total liabilities increased by ¥1,059 million from the end of the previous fiscal year, and short-term borrowings also increased by ¥1,250 million. Although liabilities related to long-term borrowings decreased, borrowing exposure expanded, primarily through short-term borrowings. - FY2022-Q2Liabilities decreased, while short-term borrowings increased.Annual report
「Liabilities totaled ¥10,307 million, down ¥1,315 million from the end of the previous consolidated fiscal year. Major changes included decreases of ¥720 million in other current liabilities, ¥600 million in accounts payable and other balances, and ¥505 million in income taxes payable, as well as a ¥700 million increase in short-term borrowings.」
Total liabilities decreased by ¥1,315 million from the end of the previous fiscal year, while short-term borrowings increased by ¥700 million. Long-term borrowings decreased by ¥344 million through repayments. - FY2022-Q1MitigatedAnnual report
「Liabilities totaled ¥9,929 million, down ¥1,693 million from the end of the previous consolidated fiscal year. This was due mainly to a ¥927 million decrease in accounts payable and other balances and a ¥343 million decrease in income taxes payable.」
Total liabilities decreased by ¥1,693 million from the end of the previous fiscal year, while long-term borrowings declined from ¥661.774 million to ¥510.578 million. Borrowing exposure contracted from the end of the previous fiscal year. - FY2021WorsenedAnnual report
「Interest-bearing debt stood at ¥1,353 million at the end of the current consolidated fiscal year, up ¥275 million from the end of the previous consolidated fiscal year, following ¥1,800 million in long-term borrowings associated with the acquisition of Mitsuke City's gas business.」
Long-term borrowings for the acquisition of Mitsuke City's business increased interest-bearing debt by ¥275 million from the end of the previous fiscal year, expanding borrowing exposure. - FY2021-Q3WorsenedAnnual report
「Liabilities totaled ¥13,181 million, up ¥1,220 million from the end of the previous consolidated fiscal year. This was due mainly to new borrowings associated with the acquisition of Mitsuke City's gas business, which increased long-term borrowings and fixed liabilities due within one year by a combined ¥708 million, and borrowings for working capital, which increased short-term borrowings by ¥2,200 million, partly offset by decreases of ¥1,003 million in other current liabilities and ¥441 million in income taxes payable.」
The acquisition of Mitsuke City's business and working capital financing increased liabilities related to long-term borrowings by ¥708 million and short-term borrowings by ¥2,200 million, further expanding borrowing exposure. - FY2021-Q2WorsenedAnnual report
「Liabilities totaled ¥12,841 million, up ¥880 million from the end of the previous consolidated fiscal year. This was due mainly to new borrowings associated with the acquisition of Mitsuke City's gas business, which increased long-term borrowings and fixed liabilities due within one year by a combined ¥1,038 million, and borrowings for working capital, which increased short-term borrowings by ¥2,100 million, partly offset by an ¥853 million decrease in accounts payable and other balances.」
The acquisition of Mitsuke City's business and working capital financing increased liabilities related to long-term borrowings by ¥1,038 million and short-term borrowings by ¥2,100 million, further expanding borrowing exposure. - FY2021-Q1WorsenedAnnual report
「This was due mainly to new borrowings associated with the acquisition of Mitsuke City's gas business, which increased long-term borrowings and fixed liabilities due within one year by a combined ¥1,473 million, and borrowings for working capital, which increased short-term borrowings by ¥1,200 million, partly offset by a ¥1,225 million decrease in accounts payable and other balances.」
The acquisition of Mitsuke City's business and working capital financing increased liabilities related to long-term borrowings by ¥1,473 million and short-term borrowings by ¥1,200 million, expanding borrowing exposure related to capital investment and the business acquisition. - FY2020MitigatedAnnual report
「The Company finances working capital through short-term borrowings and capital expenditures, including gas pipeline renewals, through fixed-rate long-term borrowings.」
The Company continues to use fixed-rate long-term borrowings to fund capital expenditures, while interest-bearing debt decreased from ¥2,350.041 million at the end of the previous fiscal year to ¥1,078.699 million. - FY2020-Q3Lower Long-Term Borrowings and Higher Short-Term BorrowingsAnnual report
「Liabilities totaled ¥12,670 million, down ¥303 million from the end of the previous consolidated fiscal year. Major changes included decreases of ¥557 million in long-term borrowings and fixed liabilities due within one year, ¥427 million in income taxes payable, ¥220 million in accounts payable and other balances, and ¥190 million in the provision for gas-holder repairs, as well as an ¥1,180 million increase in short-term borrowings.」
Total liabilities decreased by ¥303 million from the end of the previous fiscal year, while long-term borrowings and fixed liabilities due within one year decreased by ¥557 million. Short-term borrowings increased by ¥1,180 million, resulting in a change in the borrowing mix. - FY2020-Q2MitigatedAnnual report
「Liabilities totaled ¥11,013 million, down ¥1,960 million from the end of the previous consolidated fiscal year. This was due mainly to an ¥1,134 million decrease in accounts payable and other balances, as well as a combined ¥376 million decrease in long-term borrowings and fixed liabilities due within one year.」
Long-term borrowings and fixed liabilities due within one year decreased by a combined ¥376 million, reducing liabilities related to capital investment funding from the end of the previous fiscal year. - FY2018MitigatedAnnual report
「Interest-bearing debt stood at ¥770 million at the end of the current consolidated fiscal year.」
Interest-bearing debt decreased from ¥1,488.473 million at the end of the previous fiscal year to ¥770.05 million. All long-term borrowings carry fixed interest rates, and the Company continues measures to limit interest rate risk. - FY2018-Q2MitigatedAnnual report
「This was due mainly to expenditures of ¥391 million for the repayment of long-term borrowings and ¥383 million for dividend payments.」
During the cumulative second quarter, the Company repaid ¥391 million of long-term borrowings, further reducing borrowings for capital investment. - FY2017MitigatedAnnual report
「Long-term borrowings are used primarily to finance capital investments, have maximum maturities of 10 years after the fiscal year-end, and all carry fixed interest rates.」
The Company continues to limit the impact of interest rate fluctuations through fixed-rate borrowing, while the balance of long-term borrowings decreased from ¥2,356.246 million at the end of the previous fiscal year to ¥1,488.473 million. - FY2016First statedAnnual report
「Our Group makes substantial capital investments each year, including in the renewal of gas pipelines, and finances these investments through borrowings from financial institutions. Although the interest rate level at the time of borrowing may affect operating performance and financial position, the impact of interest rate fluctuations is limited because the Group uses fixed-rate borrowings, fixing the debt amount at the time of borrowing.」
The Company identifies borrowings for capital investment and interest rate fluctuations as risks, while stating that fixed-rate borrowings limit the impact.