Reducing Interest-Bearing Debt and Securing Stable Cash Flow
First written in FY2020-Q1. 7 of 21 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 3 of 15 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Funds used in financing activities were ¥416 million, compared with ¥382 million used in the previous fiscal year. This was mainly attributable to proceeds of ¥1,620 million from long-term borrowings, offset by repayments of long-term borrowings amounting to ¥1,991 million, among other factors.」
While taking on ¥1,620 million in long-term borrowings, the company repaid ¥1,991 million in long-term borrowings, resulting in a ¥416 million outflow from financing activities. Efforts to reduce interest-bearing debt are continuing. - FY2026-H1Debt repayments exceeded new long-term borrowings; cash outflow from financing activitiesAnnual report
「Funds used in financing activities were ¥92 million, compared with ¥695 million generated in the same period of the previous year. This was mainly attributable to proceeds of ¥1,130 million from long-term borrowings and a net increase of ¥112 million in short-term borrowings, offset by repayments of long-term borrowings amounting to ¥1,258 million, among other factors.」
While taking on ¥1,130 million in long-term borrowings, the company repaid ¥1,258 million in long-term borrowings, resulting in a ¥92 million outflow from financing activities. Efforts to reduce interest-bearing debt and address funding requirements are continuing. - FY2025AdvancedAnnual report
「Funds used in financing activities were ¥382 million, compared with ¥2,019 million used in the previous fiscal year. This was mainly attributable to proceeds of ¥1,610 million from long-term borrowings, offset by a net decrease of ¥329 million in short-term borrowings and repayments of long-term borrowings amounting to ¥1,483 million, among other factors.」
While taking on long-term borrowings, the company achieved a net decrease of ¥329 million in short-term borrowings and repaid ¥1,483 million in long-term borrowings, advancing the reduction of interest-bearing debt. - FY2025-H1Increase in borrowings during the interim period, reversal of debt reductionAnnual report
「Funds generated by financing activities were ¥695 million, compared with ¥203 million used in the same period of the previous year. This was mainly attributable to proceeds of ¥1,330 million from long-term borrowings and a ¥168 million increase in short-term borrowings, despite outflows of ¥703 million for repayments of long-term borrowings, among other factors.」
While repaying ¥703 million in long-term borrowings, the company generated ¥695 million through a ¥168 million increase in short-term borrowings and ¥1,330 million in long-term borrowings. The interim period saw an increase in borrowings despite measures to reduce interest-bearing debt. - FY2024AdvancedAnnual report
「Funds used in financing activities were ¥2,019 million, compared with ¥189 million used in the previous fiscal year. This was mainly attributable to proceeds of ¥1,650 million from long-term borrowings, offset by a net decrease of ¥1,949 million in short-term borrowings and repayments of long-term borrowings amounting to ¥1,552 million, among other factors.」
While taking on long-term borrowings, the company achieved a net decrease of ¥1,949 million in short-term borrowings and repaid ¥1,552 million in long-term borrowings, advancing the reduction of interest-bearing debt through financing activities for the full fiscal year. - FY2024-Q3Decrease in short-term borrowings, reduction of interest-bearing debtAnnual report
「Total liabilities decreased by ¥2,354 million from the end of the previous consolidated fiscal year to ¥16,773 million. The main factors were a ¥300 million increase in long-term borrowings, offset by decreases of ¥1,097 million in notes and accounts payable and ¥1,553 million in short-term borrowings, among other factors.」
While long-term borrowings increased by ¥300 million, short-term borrowings decreased by ¥1,553 million, resulting in a ¥2,354 million decrease in total liabilities. This is described as progress in reducing interest-bearing debt. - FY2024-Q2AdvancedAnnual report
「Funds used in financing activities were ¥203 million, compared with ¥396 million generated in the same period of the previous year. This was mainly attributable to proceeds of ¥930 million from long-term borrowings, offset by a ¥351 million decrease in short-term borrowings and repayments of long-term borrowings amounting to ¥692 million, among other factors.」
While receiving ¥930 million in long-term borrowings, the company reduced short-term borrowings by ¥351 million and repaid ¥692 million in long-term borrowings, resulting in a ¥203 million outflow from financing activities. - FY2024-Q1AdvancedAnnual report
「In June 2023, the company also raised funds from its main bank and had reached a certain level of visibility regarding funding for the fiscal year ending May 2024.」
The company carried out funding from its main bank in June 2023 and states that funding for the fiscal year ending May 2024 is now on a certain footing. - FY2023-Q3Increase in interest-bearing debt, continued reliance on borrowingsAnnual report
「Our group has a high level of interest-bearing debt relative to its on-hand liquidity, with interest-bearing debt of ¥14,750.259 million, comprising short-term borrowings of ¥8,829.369 million, long-term borrowings of ¥5,164.253 million and lease obligations of ¥756.636 million, compared with cash and deposits of ¥971.055 million.」
While the company has set out a policy of reducing interest-bearing debt, total borrowings and other interest-bearing debt amounted to ¥14,750 million, an increase from the previous quarter. - FY2023-Q2Slight decrease in interest-bearing debt, continued funding through borrowingsAnnual report
「Funds generated by financing activities were ¥396 million, compared with ¥163 million generated in the same period of the previous year. This was mainly attributable to proceeds of ¥1,080 million from long-term borrowings and a ¥341 million increase in short-term borrowings, despite outflows of ¥883 million for repayments of long-term borrowings, among other factors.」
While repaying long-term borrowings, the company raised ¥396 million through an increase in short-term borrowings and long-term borrowings. Total interest-bearing debt decreased slightly, but funding remains dependent on borrowings. - FY2023-Q1RestatedAnnual report
「As the company remains undercapitalised following the recognition of impairment losses and other items, it will consider selling businesses or assets, in addition to the measures described in ① above, in order to reduce interest-bearing debt.」
The company continues its policy of reducing interest-bearing debt through the withdrawal from unprofitable businesses, cuts to selling, general and administrative expenses, and asset and business sales. - FY2022AdvancedAnnual report
「Funds used in financing activities were ¥532 million, compared with ¥3,547 million used in the same period of the previous year. This was mainly attributable to proceeds of ¥1,420 million from long-term borrowings, offset by a ¥790 million decrease in short-term borrowings and repayments of long-term borrowings amounting to ¥1,335 million, among other factors.」
Financing activities included a ¥790 million decrease in short-term borrowings and repayments of ¥1,335 million in long-term borrowings, advancing the reduction of interest-bearing debt. - FY2022-Q3Slight decrease in interest-bearing debt, continued requests for supportAnnual report
「As a general rule, capital expenditure will be limited to that necessary to maintain the facilities of operating companies, while investments that contribute to operational improvements will be assessed on a case-by-case basis. We will also thoroughly optimise purchasing and inventory and shorten the cash conversion cycle to improve cash flow. In addition, we will strengthen the Group CMS function and work to secure and maintain stable working capital. Although we currently judge that there will be no difficulty in funding operations to overcome the business environment for the time being, we will continue to request support from our financial institutions, centred on our main bank, on the premise of management improvement.」
The company continues to restrain capital expenditure, optimise purchasing and inventory, improve cash flow, strengthen the CMS function, and request support from financial institutions. Interest-bearing debt decreased slightly from the previous quarter. - FY2022-Q2RestatedAnnual report
「As a general rule, capital expenditure will be limited to that necessary to maintain the facilities of operating companies, while investments that contribute to operational improvements will be assessed on a case-by-case basis. We will also thoroughly optimise purchasing and inventory to improve cash flow. In addition, we will make effective use of funds within the Group and work to secure and maintain stable working capital.」
The company has reaffirmed its policy of maintaining funding through restraining capital expenditure, optimising purchasing and inventory, and using funds within the Group. - FY2022-Q1AdvancedAnnual report
「Our group has a high level of interest-bearing debt relative to its on-hand liquidity, with interest-bearing debt of ¥14,515.766 million, comprising short-term borrowings of ¥8,691.688 million, long-term borrowings of ¥4,779.066 million and lease obligations of ¥1,045.011 million, compared with cash and deposits of ¥973.229 million. We continue to request support from our financial institutions, centred on our main bank, on the premise of management improvement.」
Interest-bearing debt decreased from the previous quarter. The company continues measures to improve its financial position through business and asset sales, restrained capital expenditure, optimisation of purchasing and inventory, and the use of funds within the Group. - FY2021-Q3RestatedAnnual report
「As a general rule, capital expenditure will be limited to that necessary to maintain the facilities of operating companies, while investments that contribute to operational improvements will be assessed on a case-by-case basis. We will also thoroughly optimise purchasing and inventory and shorten the cash conversion cycle to improve cash flow. In addition, we will strengthen the Group CMS function and work to secure and maintain stable working capital.」
The company has reaffirmed its policy of restraining capital expenditure, optimising purchasing and inventory, improving cash flow, and securing working capital by strengthening the Group CMS function. - FY2021-Q2RestatedAnnual report
「As a general rule, capital expenditure will be limited to that necessary to maintain the facilities of operating companies, while investments that contribute to operational improvements will be assessed on a case-by-case basis. We will also thoroughly optimise purchasing and inventory and shorten the cash conversion cycle to improve cash flow. In addition, we will strengthen the Group CMS function and work to secure and maintain stable working capital.」
The company has reaffirmed its policy of restraining capital expenditure, optimising purchasing and inventory, improving cash flow, and securing working capital by strengthening the Group CMS function. - FY2021-Q1RestatedAnnual report
「We will also strengthen the Group CMS function and work to secure and maintain stable working capital. Although we currently judge that there will be no difficulty in funding operations to overcome the business environment for the time being, we will continue to request support from our financial institutions, centred on our main bank, on the premise of management improvement.」
The company has reaffirmed its policy of maintaining funding through strengthening the Group CMS function, securing stable working capital, and requesting support from financial institutions. - FY2020-Q3RestatedAnnual report
「By implementing the measures described in i) through iii) above, we will proceed with reducing interest-bearing debt. Our group maintains close relationships with its principal financial institutions, centred on its main bank, and believes that it will continue to receive their support.」
The company has reaffirmed its policy of reducing interest-bearing debt by cutting selling, general and administrative expenses, capital expenditure, and purchasing and inventory, while maintaining relationships with financial institutions. - FY2020-Q2RestatedAnnual report
「By implementing the measures described in i) through iii) above, we will proceed with reducing interest-bearing debt. Our group maintains close relationships with its principal financial institutions, centred on its main bank, and believes that it will continue to receive their support.」
The company has reaffirmed its policy of reducing interest-bearing debt by cutting selling, general and administrative expenses, capital expenditure, and purchasing and inventory, while maintaining relationships with financial institutions. - FY2020-Q1First statedAnnual report
「By implementing the measures described in i) through iii) above, we will proceed with reducing interest-bearing debt. Our group maintains close relationships with its principal financial institutions, centred on its main bank, and believes that it will continue to receive their support.」
The company has set out a policy of reducing interest-bearing debt through cuts to selling, general and administrative expenses, capital expenditure, and purchasing and inventory, while stabilising funding through maintaining relationships with financial institutions.