Managing Interest Rate Fluctuation Risk
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 13 of 59 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「With respect to the risk of fluctuations in interest payable on borrowings, we use fixed-rate borrowings to avoid interest rate fluctuation risk on long-term borrowings.」
The previous fiscal year stated that some long-term borrowings were exposed to interest rate fluctuation risk, while this fiscal year's risk management section describes avoidance through fixed-rate borrowings. - FY2022ReframedAnnual report
「Some long-term borrowings are exposed to interest rate fluctuation risk.」
The disclosure has changed from describing the avoidance of this risk through fixed-rate borrowings and interest rate swaps to stating that some long-term borrowings are exposed to interest rate fluctuation risk. Meanwhile, the risk management section describes borrowings at fixed interest rates. - FY2019RestatedAnnual report
「To mitigate the risk of fluctuations in interest payable on borrowings, the company uses fixed-rate borrowings and interest rate swaps to avoid the risk of interest rate fluctuations on long-term borrowings.」
The company continues its measures to mitigate interest rate fluctuation risk through fixed-rate borrowings and interest rate swaps. - FY2018RestatedAnnual report
「To mitigate the risk of fluctuations in interest payable on borrowings, the company uses fixed-rate borrowings and interest rate swaps to avoid the risk of interest rate fluctuations on long-term borrowings.」
The company continues its measures to mitigate interest rate fluctuation risk through fixed-rate borrowings and interest rate swaps. - FY2017RestatedAnnual report
「To mitigate the risk of fluctuations in interest payable on borrowings, the company uses fixed-rate borrowings and interest rate swaps to avoid the risk of interest rate fluctuations on long-term borrowings.」
The company continues its measures to mitigate interest rate fluctuation risk through fixed-rate borrowings and interest rate swaps. - FY2016First statedAnnual report
「To mitigate the risk of fluctuations in interest payable on borrowings, the company uses fixed-rate borrowings and interest rate swaps to avoid the risk of interest rate fluctuations on long-term borrowings.」
The company mitigates interest rate fluctuation risk on borrowings using fixed-rate borrowings and interest rate swaps.