Maintaining an Effectively Debt-Free Business Model and Sound Balance Sheet and Liquidity
First written in FY2016. 31 of 34 entries say "Restated". Latest entry: FY2026.
MISUMI Group moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「To fulfill our responsibility to supply customers even in unforeseen circumstances such as geopolitical risks and economic crises, our group uses approximately ¥70 billion, equivalent to six months of operating funds, as a benchmark for necessary cash on hand.」
The benchmark for necessary cash on hand changed from approximately ¥100 billion indicated in FY2024 to approximately ¥70 billion. - FY2026-H1RestatedAnnual report
「As a result, the equity ratio increased from 83.2% in the previous fiscal year to 83.3%.」
The equity ratio reached 83.3%, maintaining a healthy balance sheet. Cash and cash equivalents totaled ¥9,520.5 million following the acquisition of shares in a subsidiary. - FY2025RestatedAnnual report
「As a result, the current ratio reached 6.1x, maintaining a high level of stability. As a result, the equity ratio decreased from 83.3% in the previous fiscal year to 83.2%.」
A current ratio of 6.1x and an equity ratio of 83.2% reaffirm the financial policy of maintaining a healthy balance sheet and high liquidity. - FY2025-H1RestatedAnnual report
「As a result, the equity ratio increased from 83.3% in the previous fiscal year to 83.4%.」
An equity ratio of 83.4% and cash and cash equivalents of ¥11,729.5 million indicate a financial position that continues to maintain a healthy balance sheet and liquidity. - FY2024Definition of the cash-on-hand thresholdAnnual report
「With regard to cash allocation, to fulfill our responsibility to supply customers even when responding under the BCP to geopolitical risks, economic crises and other events, we define the necessary cash on hand as approximately ¥100 billion, equivalent to six months of operating funds, and will reinvest future cash flows in organic and inorganic growth.」
A specific threshold was established for maintaining a healthy balance sheet and liquidity: approximately ¥100 billion, equivalent to six months of necessary cash on hand, including funds required for BCP responses. - FY2024-Q3RestatedAnnual report
「As a result, the equity ratio increased from 82.3% in the previous fiscal year to 84.3%.」
An equity ratio of 84.3% indicates a financial position that maintains a healthy balance sheet and high liquidity, with no change indicated in this policy. - FY2024-Q2RestatedAnnual report
「As a result, the equity ratio increased from 82.3% in the previous fiscal year to 83.9%.」
An equity ratio of 83.9% indicates a financial position that maintains a healthy balance sheet and high liquidity. - FY2024-Q1RestatedAnnual report
「As a result, the equity ratio increased from 82.3% in the previous fiscal year to 83.0%.」
The equity ratio increased from 82.3% at the end of the previous fiscal year to 83.0%, indicating a financial position that maintains a healthy balance sheet and high liquidity. - FY2023RestatedAnnual report
「As a result, the current ratio reached 5.8x, maintaining a high level of stability.」
The policy of maintaining high liquidity and a sound financial position has been reaffirmed. The equity ratio reached 82.3%. - FY2023-Q3RestatedAnnual report
「As a result, the equity ratio increased from 79.8% in the previous fiscal year to 83.0%.」
An equity ratio of 83.0% indicates a financial position that maintains a healthy balance sheet and liquidity, reaffirming this policy. - FY2023-Q2RestatedAnnual report
「As a result, the equity ratio increased from 79.8% in the previous fiscal year to 82.6%.」
An equity ratio of 82.6% indicates a financial position that maintains a healthy balance sheet and high liquidity. - FY2023-Q1RestatedAnnual report
「As a result, the equity ratio increased from 79.8% in the previous fiscal year to 81.7%.」
An equity ratio of 81.7% indicates a sound financial position, and no change has been indicated in the policy of maintaining a healthy balance sheet and liquidity. - FY2022RestatedAnnual report
「As a result, the current ratio was 4.8 times, maintaining a high level of stability.」
A current ratio of 4.8x and an equity ratio of 79.8% indicate a sound financial position, reaffirming the maintenance of a healthy balance sheet and high liquidity. - FY2022-Q3RestatedAnnual report
「As a result, the equity ratio fell from 80.0% at the end of the previous consolidated fiscal year to 79.9%.」
The company describes a financial position with an equity ratio of 79.9%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2022-Q2RestatedAnnual report
「As a result, the equity ratio rose from 80.0% in the previous consolidated fiscal year to 80.7%.」
The company describes a financial position with an equity ratio of 80.7%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2022-Q1RestatedAnnual report
「As a result, the equity ratio rose from 80.0% in the previous consolidated fiscal year to 80.5%.」
The company describes a financial position with an equity ratio of 80.5%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2021RestatedAnnual report
「As a result, the current ratio was 4.8 times, maintaining a high level of stability.」
The company describes a financial position with a current ratio of 4.8 times and an equity ratio of 80.0%, reaffirming its policy of maintaining a sound balance sheet and high liquidity. - FY2021-Q3RestatedAnnual report
「As a result, the equity ratio rose from 79.2% in the previous consolidated fiscal year to 81.6%.」
The company describes a financial position with an equity ratio of 81.6%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2021-Q2RestatedAnnual report
「As a result, the equity ratio rose from 79.2% in the previous consolidated fiscal year to 81.1%.」
The company describes a financial position with an equity ratio of 81.1%, indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2021-Q1RestatedAnnual report
「As a result, the equity ratio rose from 79.2% in the previous consolidated fiscal year to 81.3%.」
The company describes a financial position in which the equity ratio rose from 79.2% to 81.3%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2020RestatedAnnual report
「As a result, the current ratio was 4.3 times, maintaining a high level of stability.」
The company describes a financial position with a current ratio of 4.3 times and an equity ratio of 79.2%, reaffirming its policy of maintaining a high level of stability. - FY2020-Q3RestatedAnnual report
「As a result, the equity ratio was 80.6%, at the same level as at the end of the previous consolidated fiscal year.」
The company indicates a sound financial position with an equity ratio of 80.6%, and indicates no change in its policy of maintaining a sound balance sheet and liquidity. - FY2020-Q2RestatedAnnual report
「As a result, the equity ratio fell from 80.6% at the end of the previous consolidated fiscal year to 80.3%.」
The company describes a financial position with an equity ratio of 80.3% and indicates no change in its policy of maintaining a sound balance sheet and liquidity. - FY2020-Q1RestatedAnnual report
「As a result, the equity ratio rose from 80.6% at the end of the previous consolidated fiscal year to 80.8%.」
The company describes a financial position with an equity ratio of 80.8% and indicates no change in its policy of maintaining a sound balance sheet and liquidity. - FY2019RestatedAnnual report
「As a result, the current ratio was 4.4 times, maintaining a high level of stability.」
The company reaffirmed its policy of maintaining high liquidity and a sound financial position. The equity ratio was 80.6%. - FY2019-Q3RestatedAnnual report
「As a result, the equity ratio rose from 76.1% at the end of the previous consolidated fiscal year to 80.6%.」
The company describes a financial position with an equity ratio of 80.6%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2019-Q2RestatedAnnual report
「As a result, the equity ratio rose from 76.1% at the end of the previous consolidated fiscal year to 81.1%.」
The company describes a financial position with an equity ratio of 81.1%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2019-Q1RestatedAnnual report
「As a result, the equity ratio rose from 76.1% at the end of the previous consolidated fiscal year to 79.8%.」
The company describes a financial position with an equity ratio of 79.8%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2018RestatedAnnual report
「In financial terms, the company continues to operate with substantially no debt, while seeking to restrain asset growth and improve operating efficiency, as well as enhance profitability and growth.」
The company reaffirmed its financial policy of operating with substantially no debt, maintaining a sound balance sheet and preserving liquidity. The equity ratio rose from 72.9% at the end of the previous fiscal year to 76.0%. - FY2018-Q3RestatedAnnual report
「As a result, the equity ratio rose from 72.9% at the end of the previous consolidated fiscal year to 78.5%.」
The company describes a financial position with an equity ratio of 78.5%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2018-Q2RestatedAnnual report
「As a result, the equity ratio rose from 72.9% at the end of the previous consolidated fiscal year to 78.9%.」
The company describes a financial position with an equity ratio of 78.9%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2018-Q1RestatedAnnual report
「As a result, the equity ratio rose from 72.9% at the end of the previous consolidated fiscal year to 78.2%.」
The company describes a financial position with an equity ratio of 78.2%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2017-Q3RestatedAnnual report
「As a result, the equity ratio rose from 72.8% at the end of the previous consolidated fiscal year to 74.0%.」
The company describes a financial position with an equity ratio of 74.0%, while indicating no change in its policy of maintaining a sound balance sheet and liquidity. - FY2016First statedAnnual report
「The Group is managed with the aim of achieving high growth while maintaining a sound balance sheet and sufficient liquidity.」
The company continues to operate with substantially no debt and has set out targets of restraining asset growth, improving operating efficiency, and enhancing profitability and growth.