Deterioration in Financing Terms and Timing Due to Worsening Financial Conditions
First written in FY2017. 1 of 4 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
Aeon Kyushu moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 8 of 18 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「However, the company may be unable to raise funds promptly and on its desired terms owing to factors such as worsening overall market conditions, including an economic downturn and financial contraction, weaker creditworthiness due to credit-rating downgrades and a deterioration in its business outlook. If interest rates rise, interest expense on interest-bearing debt may also increase.」
In addition to the existing risk of deterioration in funding terms, the company explicitly identifies higher interest expense due to rising interest rates. Long-term borrowings at the fiscal year-end totaled ¥36.782 billion, and the company has also entered into a syndicated loan agreement. - FY2022RestatedAnnual report
「The company is considering a variety of funding methods and has established a structure that enables it to respond swiftly to changes in the financial environment.」
The company continues to address funding risks through diverse funding methods, cash flow planning and maintaining on-hand liquidity. - FY2018MitigatedAnnual report
「The company is considering a variety of funding methods and has established a structure that enables it to respond swiftly to changes in the financial environment. It also maintains consistently strong relationships with its financial institutions.」
While continuing to identify the possibility of deterioration in funding terms, the company presents diverse funding methods, a structure for responding swiftly and relationships with financial institutions as mitigating measures. - FY2017First statedAnnual report
「The company may be unable to raise funds promptly and on its desired terms owing to factors such as worsening overall market conditions, including an economic downturn and financial contraction, weaker creditworthiness due to downgrades and a deterioration in its business outlook.」
It describes funding risks arising from deteriorating market conditions, weaker creditworthiness and a poorer business outlook in relation to the financing required for the growth strategy.