Interest-Bearing Debt and Interest Rate Fluctuations
First written in FY2016. 16 of 28 entries say "Mitigated", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Fixed liabilities were ¥5,296 million, down ¥429 million, or 7.5%, from the previous consolidated fiscal year. This was mainly due to a ¥522 million decrease in long-term borrowings, among other factors.」
The company reduced long-term borrowings by ¥522 million and continues to reduce interest-bearing debt under a funding policy based principally on fixed-rate financing and other sources. - FY2026-H1MitigatedAnnual report
「Long-term borrowings 3,293 3,032」
Long-term borrowings declined from ¥3,293 million at the end of the previous fiscal year to ¥3,032 million, and interest-bearing debt continued to be reduced. - FY2025-H1MitigatedAnnual report
「Long-term borrowings declined from ¥3,815 million to ¥3,554 million, while the current portion of long-term borrowings declined from ¥506 million to ¥467 million.」
Long-term borrowings and the current portion of long-term borrowings declined from the end of the previous consolidated fiscal year, and interest-bearing debt continued to be reduced. - FY2024MitigatedAnnual report
「At the end of the current consolidated fiscal year, long-term borrowings were ¥3,815 million and the current portion of long-term borrowings was ¥506 million.” “To reduce funding costs and avoid interest rate fluctuation risk, we principally obtain funding through long-term borrowings and fixed-rate financing.」
The company continues to repay long-term borrowings and obtain long-term, fixed-rate financing, progressing the reduction of interest-bearing debt and interest costs. - FY2024-Q3MitigatedAnnual report
「Current portion of long-term borrowings 546 Long-term borrowings 3,925」
Long-term borrowings comprised ¥546 million due for repayment within 1 year and ¥3,925 million due thereafter, bringing the total down from ¥5,465 million at the end of the previous consolidated fiscal year to ¥4,471 million. Interest-bearing debt continued to be reduced. - FY2024-Q2MitigatedAnnual report
「This was due mainly to cash payments of ¥723 million for repayment of long-term borrowings and ¥325 million for repayment of installment liabilities, among other factors.” “Interest expense fell from ¥31 million to ¥26 million.」
The company continues to repay long-term borrowings and installment liabilities, while interest expense declined from ¥31 million in the same period of the previous year to ¥26 million. Interest-bearing debt and interest costs continue to decline. - FY2024-Q1MitigatedAnnual report
「Interest expense 16 13」
Interest expense declined from ¥16 million in the same period of the previous year to ¥13 million. Interest costs continue to decline under the policy of principally obtaining long-term, fixed-rate financing. - FY2023MitigatedAnnual report
「This was due mainly to decreases of ¥1,144 million in long-term borrowings and ¥534 million in long-term payables, among other factors.” “To reduce funding costs and avoid interest rate fluctuation risk, we principally obtain funding through long-term borrowings and fixed-rate financing.」
The company continues its policy of reducing long-term borrowings and long-term payables and obtaining long-term, fixed-rate financing. - FY2023-Q3MitigatedAnnual report
「This was mainly due to an increase of ¥5,715 million in accounts payable, while long-term borrowings declined by ¥994 million, among other factors.」
Long-term borrowings declined by ¥994 million from the end of the previous consolidated fiscal year, and interest-bearing debt continued to be reduced. Interest expense also fell from ¥55 million in the same period of the previous year to ¥46 million. - FY2023-Q2MitigatedAnnual report
「This was mainly due to an increase of ¥1,510 million in accounts payable, while long-term borrowings declined by ¥724 million, among other factors.」
Long-term borrowings declined by ¥724 million, indicating continued progress in reducing interest-bearing debt. - FY2023-Q1MitigatedAnnual report
「This was mainly due to an increase of ¥971 million in accounts payable, while long-term borrowings declined by ¥362 million and income taxes payable declined by ¥204 million, among other factors.」
Long-term borrowings declined by ¥362 million. Interest expense in the quarterly income statement also fell from ¥20 million in the same period of the previous year to ¥16 million. - FY2022MitigatedAnnual report
「This was due mainly to decreases of ¥1,675 million in long-term borrowings and ¥483 million in long-term payables.” “To reduce funding costs and interest rate risk, and to avoid interest rate fluctuation risk, we principally obtain funding through long-term borrowings and fixed-rate financing.」
The company reduced the balances of long-term borrowings and long-term payables and continues to address interest rate risk based on a policy of principally obtaining long-term, fixed-rate financing. - FY2022-Q3MitigatedAnnual report
「This was mainly due to an increase of ¥4,613 million in accounts payable and a decrease of ¥1,313 million in long-term borrowings, among other factors.” “Interest expense fell from ¥65 million to ¥55 million.」
Long-term borrowings declined by ¥1,313 million from the end of the previous consolidated fiscal year, while interest expense also fell from ¥65 million in the same period of the previous year to ¥55 million. The company reported lower interest-bearing debt and interest costs. - FY2022-Q2MitigatedAnnual report
「Long-term borrowings declined by ¥950 million.” “Interest expense fell from ¥43 million to ¥37 million.」
The balances of long-term borrowings and interest expense declined from the same period of the previous year, indicating lower interest-bearing debt and interest costs. - FY2022-Q1MitigatedAnnual report
「Long-term borrowings 7,141 6,766」
The balance of long-term borrowings declined from ¥7,141 million at 31 March 2021 to ¥6,766 million at 30 June 2021. - FY2021MitigatedAnnual report
「We obtain the funds required for capital expenditures through bank borrowings and installment contracts in line with our capital investment plans, while also working to reduce interest-bearing debt after taking repayment periods and other factors into account. To reduce funding costs and interest rate risk, and to avoid interest rate fluctuation risk, we principally obtain funding through long-term borrowings and fixed-rate financing. At the end of the current consolidated fiscal year, the balance of long-term borrowings was ¥7,141 million, and long-term payables under installment contracts were ¥3,519 million.」
The company continues to reduce interest-bearing debt and obtain long-term, fixed-rate financing, and the balances of long-term borrowings and long-term payables have also declined from the previous fiscal year. - FY2020-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no new risks or material changes regarding interest-bearing debt and interest rate fluctuations. - FY2020-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no new risks or material changes regarding interest-bearing debt and interest rate fluctuations. - FY2019RestatedAnnual report
「The company obtains funding at fixed rates to avoid interest rate fluctuation risk, but significant changes in financial conditions could affect the operating results and financial position of Our Group.」
The company continues to disclose interest rate fluctuation risk while responding through fixed-rate funding. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new risks or material changes regarding interest-bearing debt and interest rate fluctuations. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no new risks or material changes regarding interest-bearing debt and interest rate fluctuations. - FY2018-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no new developments or material changes regarding interest-bearing debt and interest rate fluctuations. - FY2018-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no new risks or material changes regarding interest-bearing debt and interest rate fluctuations. - FY2017RestatedAnnual report
「Our Group is working to improve its financial position by reducing interest-bearing debt and through other measures. Going forward, we will continue working to improve our financial position while increasing the proportion of long-term borrowings at fixed rates to avoid interest rate fluctuation risk.」
The company continues its policy of addressing interest rate fluctuations by reducing interest-bearing debt and expanding fixed-rate borrowings. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding interest-bearing debt and interest rate fluctuations. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes regarding interest-bearing debt and interest rate fluctuations. - FY2017-Q1RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding interest-bearing debt and interest rate fluctuations. - FY2016First statedAnnual report
「Our Group is working to improve its financial position by reducing interest-bearing debt and through other measures. Going forward, we will continue working to improve our financial position while increasing the proportion of long-term borrowings at fixed rates to avoid interest rate fluctuation risk.」
Interest-bearing debt and interest rate fluctuations are identified as financial challenges, with the policy being to address them by reducing debt and expanding fixed-rate borrowings.