Increase in Long-Term Borrowings and Decline in Equity Ratio
First written in FY2017-Q3. 19 of 37 entries say "Worsened", first in FY2017. Latest entry: FY2027-H1.
Yoshinoya Holdings moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2026: 9 of 34 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Total liabilities increased by ¥738.6 million from the end of the previous consolidated fiscal year to ¥6,349.8 million. This was mainly due to increases of ¥300 million in short-term borrowings, ¥161.4 million in notes and accounts payable-trade, and ¥113.2 million in income taxes payable. Net assets increased by ¥119.2 million from the end of the previous consolidated fiscal year to ¥6,990.4 million, and the equity ratio was 51.8%.」
Total liabilities increased due to higher short-term borrowings and other factors, while the equity ratio declined from 54.5% at the end of the previous fiscal year to 51.8%. - FY2026-H1Increase in long-term borrowings; decline in equity ratioAnnual report
「Total liabilities increased by ¥3.883 billion from the end of the previous consolidated fiscal year to ¥58.182 billion. This was mainly due to a ¥2.979 billion increase in long-term borrowings and a ¥355 million increase in income taxes payable. Net assets increased by ¥1.585 billion from the end of the previous consolidated fiscal year to ¥66.399 billion, and the equity ratio was 52.8%.」
Total liabilities increased, mainly due to an increase in long-term borrowings, and the equity ratio declined from 53.9% at the end of the previous fiscal year to 52.8%. - FY2025MitigatedAnnual report
「Net assets increased by ¥3.963 billion from the end of the previous consolidated fiscal year to ¥64.813 billion, and the equity ratio increased 0.5 percentage points to 53.9%.」
Net assets increased, and the equity ratio rose from 53.4% at the end of the previous fiscal year to 53.9%. Short-term borrowings increased, while long-term borrowings decreased. - FY2025-H1Increase in liabilities; equity ratio of 53.5%Annual report
「Total liabilities increased by ¥2.459 billion from the end of the previous consolidated fiscal year to ¥54.546 billion. The main component was a ¥2.4 billion increase in short-term borrowings. Net assets increased by ¥3.063 billion from the end of the previous consolidated fiscal year to ¥63.913 billion, and the equity ratio was 53.5%.」
Total liabilities increased by ¥2.459 billion, mainly due to an increase in short-term borrowings, while net assets also increased, resulting in an equity ratio of 53.5%. - FY2025-Q1MitigatedAnnual report
「Net assets increased by ¥647 million from the end of the previous consolidated fiscal year to ¥61.497 billion, and the equity ratio was 53.6%.」
Net assets increased by ¥647 million, and the equity ratio rose from 53.4% at the end of the previous fiscal year to 53.6%. Long-term borrowings decreased, while the current portion of long-term borrowings increased. - FY2024-Q3MitigatedAnnual report
「Total liabilities increased by ¥437 million from the end of the previous consolidated fiscal year to ¥53.064 billion. This was mainly due to increases of ¥1.330 billion in income taxes payable, ¥1.212 billion in notes and accounts payable–trade and ¥1.197 billion in non-current lease obligations, partly offset by a ¥2.911 billion decrease in long-term borrowings. Net assets increased by ¥4.5 billion from the end of the previous consolidated fiscal year to ¥60.103 billion, and the equity ratio increased 1.8 percentage points to 52.7%.」
Long-term borrowings decreased by ¥2.911 billion, net assets increased by ¥4.5 billion, and the equity ratio rose from 50.9% at the end of the previous fiscal year to 52.7%. - FY2024-Q2MitigatedAnnual report
「Net assets increased by ¥3.260 billion from the end of the previous consolidated fiscal year to ¥58.863 billion, and the equity ratio was 51.4%.」
Net assets increased by ¥3.260 billion from the end of the previous fiscal year, and the equity ratio rose from 50.9% at the end of the previous fiscal year to 51.4%. Although long-term borrowings increased, the equity ratio improved. - FY2024-Q1WorsenedAnnual report
「Total liabilities increased by ¥1.081 billion from the end of the previous consolidated fiscal year to ¥53.708 billion. This was mainly due to increases of ¥640 million in income taxes payable, ¥537 million in provision for bonuses and ¥2.603 billion in long-term borrowings, partly offset by a ¥3.291 billion decrease in current portion of long-term borrowings. Net assets increased by ¥794 million from the end of the previous consolidated fiscal year to ¥56.397 billion, and the equity ratio was 50.8%.」
Total liabilities increased by ¥1.081 billion, including a ¥2.603 billion increase in long-term borrowings. Although net assets increased, the equity ratio edged down from 50.9% at the end of the previous fiscal year to 50.8%. - FY2023MitigatedAnnual report
「Liabilities decreased by ¥10,846 million from the end of the previous consolidated fiscal year to ¥52,626 million. The main factor was the repayment of ¥10,408 million in long-term borrowings and long-term borrowings due within one year, partly offset by a ¥3,646 million increase in lease liabilities resulting from changes to lease accounting standards in the United States and other factors.」
After repaying ¥10.408 billion in long-term borrowings and other debt, total liabilities decreased by ¥10.846 billion, while the equity ratio rose 8.0 percentage points from the end of the previous fiscal year to 50.9%. - FY2023-Q3MitigatedAnnual report
「Net assets increased by ¥6,362 million from the end of the previous consolidated fiscal year to ¥55,103 million, and the equity ratio increased by 6.3% to 49.2%.」
Decreases in long-term borrowings and long-term borrowings due within one year reduced liabilities, while net assets and the equity ratio improved. The equity ratio increased from 42.9% at the end of the previous fiscal year to 49.2%. - FY2023-Q2MitigatedAnnual report
「Total liabilities decreased by ¥5,985 million from the end of the previous consolidated fiscal year to ¥57,488 million. This was mainly due to decreases of ¥4,211 million in long-term borrowings and ¥2,807 million in long-term borrowings due within one year. Net assets increased by ¥5,480 million to ¥54,221 million, and the equity ratio increased by 5.0% to 47.9%.」
Repayment of borrowings reduced liabilities, while net assets and the equity ratio improved. The equity ratio increased from 42.9% at the end of the previous fiscal year to 47.9%. - FY2023-Q1MitigatedAnnual report
「Net assets increased by ¥1,558 million from the end of the previous consolidated fiscal year to ¥50,299 million, and the equity ratio increased by 1.4% to 44.3%.」
Net assets and the equity ratio improved from the end of the previous fiscal year, with the equity ratio increasing from 42.9% to 44.3%. - FY2022MitigatedAnnual report
「Liabilities decreased by ¥28,305 million from the end of the previous consolidated fiscal year to ¥63,473 million. This was mainly due to a ¥23,913 million decrease in borrowings following repayment of borrowings from the financial institutions mentioned above and other factors, comprising decreases of ¥16,454 million in short-term borrowings and ¥7,459 million in long-term borrowings due within one year and long-term borrowings combined, as well as the exclusion of the Kyotaru segment from consolidation and other factors. Net assets increased by ¥8,598 million to ¥48,741 million, and the equity ratio increased by 12.9% to 42.9%.」
Repayment of borrowings and the exclusion of the Kyotaru segment from consolidation and other factors reduced liabilities, while net assets and the equity ratio improved. - FY2022-Q3MitigatedAnnual report
「Liabilities decreased by ¥27,975 million from the end of the previous consolidated fiscal year to ¥63,802 million. This was mainly due to a ¥23,313 million decrease in borrowings following repayment of borrowings from the financial institutions mentioned above and other factors, comprising decreases of ¥16,475 million in short-term borrowings and ¥6,838 million in long-term borrowings due within one year and long-term borrowings combined, as well as the exclusion of the Kyotaru segment from consolidation and other factors. Net assets increased by ¥6,384 million to ¥46,527 million, and the equity ratio increased by 11.6% to 41.6%.」
Repayment of borrowings and the exclusion of the Kyotaru segment from consolidation and other factors reduced liabilities by ¥27,975 million, while net assets and the equity ratio also improved. The equity ratio was 41.6%. - FY2022-Q2MitigatedAnnual report
「Liabilities decreased by ¥28,172 million from the end of the previous consolidated fiscal year to ¥63,605 million. This was mainly due to a ¥16,483 million decrease in short-term borrowings following repayment of borrowings from the financial institutions mentioned above, as well as the exclusion of the Kyotaru segment from consolidation and other factors. Net assets increased by ¥3,545 million to ¥43,687 million, and the equity ratio increased by 10.2% to 40.2%.」
Repayment of borrowings and the exclusion of the Kyotaru segment from consolidation and other factors reduced liabilities by ¥28,172 million, while net assets and the equity ratio also improved. The equity ratio increased from 30.0% to 40.2%. - FY2022-Q1MitigatedAnnual report
「Liabilities decreased by ¥16,075 million from the end of the previous consolidated fiscal year to ¥75,703 million, mainly because short-term borrowings decreased by ¥8,568 million following repayment of borrowings from the financial institutions mentioned above, as well as the exclusion of the Kyotaru segment from consolidation and other factors. Net assets increased by ¥1,862 million to ¥42,005 million, and the equity ratio increased by 5.2% to 35.2%.」
Repayment of borrowings and the exclusion of Kyotaru from consolidation and other factors reduced liabilities by ¥16,075 million, while the equity ratio increased from 30.0% to 35.2%. - FY2021WorsenedAnnual report
「Liabilities increased by ¥13,996 million from the end of the previous consolidated fiscal year to ¥91,778 million. This was mainly due to increases of ¥12,422 million in short-term borrowings and ¥5,810 million in long-term borrowings resulting from the financing described above, partly offset by decreases in liabilities following the exclusion of Arcmeal from consolidation and other factors. Net assets decreased by ¥8,242 million to ¥40,142 million, and the equity ratio decreased by 7.9% to 30.0%.」
Financing increased borrowings and liabilities, while net assets declined and the equity ratio fell to 30.0%. - FY2021-Q3WorsenedAnnual report
「Liabilities increased by ¥15,030 million from the end of the previous consolidated fiscal year to ¥92,813 million. This was mainly due to increases of ¥12,864 million in short-term borrowings and ¥6,545 million in long-term borrowings resulting from the financing described above, partly offset by decreases in liabilities following the exclusion of Arcmeal and other factors. Net assets decreased by ¥6,248 million to ¥42,136 million, and the equity ratio decreased by 7.1% to 30.8%.」
Financing and other measures increased short- and long-term borrowings, causing liabilities to increase by ¥15,030 million. Net assets declined, and the equity ratio was 30.8%. - FY2021-Q2WorsenedAnnual report
「Liabilities increased by ¥14,436 million from the end of the previous consolidated fiscal year to ¥92,218 million. This was mainly due to increases of ¥12,891 million in short-term borrowings and ¥8,040 million in long-term borrowings resulting from the financing described above, partly offset by decreases in liabilities following the exclusion of Arcmeal and other factors. Net assets decreased by ¥6,531 million to ¥41,853 million, and the equity ratio decreased by 7.1% to 30.8%.」
Financing increased short- and long-term borrowings, causing liabilities to increase by ¥14,436 million, while net assets and the equity ratio also declined. The equity ratio was 30.8%. - FY2021-Q1WorsenedAnnual report
「Liabilities increased by ¥12,073 million from the end of the previous consolidated fiscal year to ¥89,855 million. This was mainly due to increases of ¥10,220 million in short-term borrowings under current liabilities and ¥6,319 million in long-term borrowings under non-current liabilities resulting from the financing described above. Net assets decreased by ¥4,878 million to ¥43,506 million, and the equity ratio decreased by 5.7% to 32.2%.」
Financing to address the pandemic and other measures increased short- and long-term borrowings, resulting in a ¥12,073 million increase in liabilities and a decline in the equity ratio to 32.2%. - FY2020-Q3WorsenedAnnual report
「Liabilities increased by ¥16,120 million from the end of the previous consolidated fiscal year to ¥78,780 million. This was mainly due to increases of ¥1,010 million in current liabilities for long-term borrowings due within one year and ¥4,701 million in long-term borrowings under non-current liabilities, as well as increases of ¥1,394 million in current lease liabilities and ¥4,281 million in non-current lease liabilities following the application of IFRS 16 “Leases” and other factors at overseas consolidated subsidiaries applying IFRS. Net assets decreased by ¥831 million to ¥49,194 million, and the equity ratio decreased by 5.9% to 38.0%.」
Increases in borrowings and lease liabilities caused liabilities to increase by ¥16,120 million, while the equity ratio declined from 43.9% at the end of the previous fiscal year to 38.0%. - FY2020-Q2WorsenedAnnual report
「Liabilities increased by ¥13,903 million from the end of the previous consolidated fiscal year to ¥76,563 million. This was mainly due to increases of ¥3,033 million in current liabilities for long-term borrowings due within one year and ¥1,597 million in long-term borrowings under non-current liabilities, as well as increases of ¥1,313 million in current lease liabilities and ¥4,839 million in non-current lease liabilities following the application of IFRS 16 “Leases” and other factors at overseas consolidated subsidiaries applying IFRS. Net assets increased by ¥78 million to ¥50,103 million, and the equity ratio decreased by 4.8 percentage points to 39.1%.」
Increases in long-term borrowings and lease liabilities caused liabilities to increase by ¥13,903 million, while the equity ratio declined from 43.9% at the end of the previous fiscal year to 39.1%. - FY2020-Q1WorsenedAnnual report
「Liabilities increased by ¥14,287 million from the end of the previous consolidated fiscal year to ¥76,947 million. This was mainly due to increases of ¥5,360 million in long-term borrowings under non-current liabilities, ¥1,468 million in current lease liabilities and ¥4,961 million in non-current lease liabilities, following the application of IFRS 16 “Leases” and other factors at overseas consolidated subsidiaries applying IFRS. Net assets decreased by ¥479 million to ¥49,545 million, and the equity ratio decreased by 5.1 percentage points to 38.7%.」
Increases in long-term borrowings and lease liabilities caused liabilities to increase by ¥14,287 million, while the equity ratio fell by 5.1 percentage points to 38.7%. - FY2019WorsenedAnnual report
「Liabilities increased by ¥4,854 million from the end of the previous consolidated fiscal year to ¥62,659 million. This was mainly due to a ¥6,147 million increase in long-term borrowings, partly offset by a ¥1,434 million decrease in long-term borrowings due within one year as a result of repayments and other factors. Net assets decreased by ¥7,782 million to ¥50,025 million, mainly because retained earnings decreased by ¥7,292 million due to a net loss attributable to owners of the parent of ¥6,000 million and dividend payments of ¥1,291 million. The equity ratio decreased by 5.7 percentage points to 43.9%.」
For the full fiscal year, long-term borrowings increased, net assets declined and the equity ratio fell to 43.9%. - FY2019-Q3WorsenedAnnual report
「Liabilities increased by ¥7,083 million from the end of the previous consolidated fiscal year to ¥64,888 million. This was mainly due to a ¥5,826 million increase in long-term borrowings. Net assets decreased by ¥3,203 million to ¥54,604 million, and the equity ratio decreased by 4.3 percentage points to 45.2%.」
Long-term borrowings increased by ¥5,826 million, resulting in higher liabilities, lower net assets and a decline in the equity ratio to 45.2%. - FY2019-Q2WorsenedAnnual report
「Liabilities increased by ¥1,813 million from the end of the previous consolidated fiscal year to ¥59,619 million. This was mainly due to a ¥2,228 million increase in long-term borrowings. Net assets decreased by ¥1,741 million to ¥56,066 million, and the equity ratio decreased by 1.5 percentage points to 48.0%.」
Long-term borrowings increased by ¥2,228 million, while liabilities increased and net assets and the equity ratio declined. - FY2019-Q1WorsenedAnnual report
「Liabilities increased by ¥4,677 million from the end of the previous consolidated fiscal year to ¥62,483 million. This was mainly due to a ¥5,105 million increase in long-term borrowings. Net assets decreased by ¥1,263 million to ¥56,543 million, and the equity ratio decreased by 2.5 percentage points to 47.0%.」
Long-term borrowings increased by ¥5,105 million, resulting in higher liabilities, lower net assets and a decline in the equity ratio to 47.0%. - FY2018MitigatedAnnual report
「Liabilities increased by ¥67 million from the end of the previous consolidated fiscal year to ¥57,805 million, as decreases in interest-bearing debt of ¥1,778 million were offset by increases in accounts payable and accrued corporate taxes. Net assets increased by ¥598 million to ¥57,807 million, reflecting a ¥200 million increase in retained earnings and a ¥313 million increase in the foreign currency translation adjustment due to the weaker yen. The equity ratio increased by 0.1 percentage points to 49.5%.」
Interest-bearing debt decreased by ¥1,778 million, while net assets and the equity ratio also increased from the end of the previous fiscal year. - FY2018-Q3Increase in liabilities; slight decrease in equity ratioAnnual report
「Liabilities increased by ¥1,008 million from the end of the previous consolidated fiscal year to ¥58,746 million, mainly due to a ¥1,554 million increase in notes and accounts payable. Net assets increased by ¥529 million to ¥57,738 million, and the equity ratio decreased by 0.3 percentage points to 49.1%.」
Liabilities increased by ¥1,008 million, while net assets also increased by ¥529 million and the equity ratio fell by 0.3 percentage points to 49.1%. - FY2018-Q2Increase in long-term borrowings, equity ratio unchangedAnnual report
「Liabilities increased by ¥608 million from the end of the previous consolidated fiscal year to ¥58,346 million. This was mainly due to a ¥2,097 million increase in long-term borrowings, despite decreases of ¥750 million in bonds due within one year and ¥617 million in long-term borrowings due within one year. Net assets increased by ¥553 million to ¥57,762 million, and the equity ratio remained unchanged from the end of the previous consolidated fiscal year at 49.4%.」
Long-term borrowings increased by ¥2,097 million, while net assets also increased and the equity ratio remained at 49.4%, the same level as at the end of the previous fiscal year. - FY2018-Q1WorsenedAnnual report
「Liabilities increased by ¥817 million from the end of the previous consolidated fiscal year to ¥58,555 million. This was mainly due to increases of ¥465 million in notes and accounts payable and ¥326 million in long-term borrowings. Net assets decreased by ¥478 million to ¥56,730 million, and the equity ratio decreased by 0.6 percentage points from the end of the previous consolidated fiscal year to 48.8%.」
During the quarter, liabilities increased by ¥817 million and long-term borrowings by ¥326 million, while net assets and the equity ratio declined. - FY2017WorsenedAnnual report
「Liabilities increased by ¥4,179 million from the end of the previous consolidated fiscal year to ¥57,737 million. This was mainly due to a ¥3,542 million increase in long-term borrowings. Net assets decreased by ¥524 million to ¥57,209 million, and the equity ratio decreased by 2.3 percentage points from the end of the previous consolidated fiscal year to 49.4%.」
The annual results showed an increase in long-term borrowings and liabilities, a decrease in net assets and a decline in the equity ratio to 49.4%. - FY2017-Q3First statedAnnual report
「Liabilities increased by ¥7,794 million from the end of the previous consolidated fiscal year to ¥61,352 million. This was mainly due to a ¥5,280 million increase in long-term borrowings. Net assets decreased by ¥1,062 million to ¥56,671 million, and the equity ratio decreased by 4.0 percentage points from the end of the previous consolidated fiscal year to 47.6%.」
Long-term borrowings increased by ¥5,280 million, while the equity ratio fell by 4.0 percentage points from the end of the previous fiscal year to 47.6%.