Increased Interest Burden Due to Rising Interest Rates
First written in FY2017-Q1. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
82 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Deterioration in financing conditions, higher interest expense and losses arising from substantial fluctuations in foreign exchange rates could affect the Group's results and financial condition.」
The company continues to identify the burden arising from changes in financial markets, including higher interest rates and foreign exchange fluctuations, as a risk. - FY2018RestatedAnnual report
「The company conducts interest rate swap transactions for part of its interest-bearing debt and seeks to minimize the adverse impact of interest rate movements. However, if interest rates rise in the future, higher interest expense on financing could affect the Group's results.」
The company continues to describe its response through interest rate swaps and the risk of higher interest expense due to future interest rate increases. - FY2017RestatedAnnual report
「The company conducts interest rate swap transactions for part of its interest-bearing debt and seeks to minimize the adverse impact of interest rate movements. However, if interest rates rise in the future, higher interest expense on financing could affect the Group's results.」
The company continues to describe its response through interest rate swaps and the risk of higher interest expense due to future interest rate increases. - FY2017-Q3RestatedAnnual report
「The company conducts interest rate swaps within the scope of actual funding needs as a means of avoiding interest rate risk and does not engage in transactions for speculative purposes.」
The company continues to describe the interest rate risk associated with interest-bearing debt and its policy of mitigating that risk through interest rate swaps. - FY2017-Q2MitigatedAnnual report
「The company conducts interest rate swaps within the scope of actual funding needs as a means of avoiding interest rate risk and does not engage in transactions for speculative purposes.」
While reiterating the risk of rising interest rates, the company specifies its policy of mitigating that risk through interest rate swaps. - FY2017-Q1First statedAnnual report
「The Group obtains part of its required funds through interest-bearing debt. If interest rates rise in the future, higher interest expense on financing could adversely affect the Group's results and financial condition.」
The company identifies the risk of higher interest rates against the backdrop of financing through interest-bearing debt.