Interest Rate Risk from Variable-Rate Borrowings
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 13 of 60 companies on the "Worse" side.
93 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The company uses interest-rate swaps to mitigate fluctuations in the interest payable on borrowings and bonds.」
The company continues to address interest-rate fluctuation risk on borrowings and bonds through hedging with interest-rate swaps. - FY2021RestatedAnnual report
「The company uses interest-rate swaps to mitigate fluctuations in the interest payable on borrowings and bonds.」
The company continues to address interest-rate risk on variable-rate borrowings through hedging with interest-rate swaps. - FY2019RestatedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily used to raise funds required for capital investment. Some of these obligations carry variable interest rates and are therefore exposed to interest-rate fluctuation risk, which the Group hedges using derivatives, specifically interest-rate swaps.」
The company continues to disclose interest-rate risk on variable-rate borrowings and hedging through interest-rate swaps. - FY2017First statedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily used to raise funds required for capital investment. Some of these obligations carry variable interest rates and are therefore exposed to interest-rate fluctuation risk, which the Group hedges using derivatives, specifically interest-rate swaps.」
The company identifies interest-rate fluctuation risk on some variable-rate borrowings and discloses hedging through interest-rate swaps.