Interest Burden and Difficulty in Raising Funds Through Borrowings and Bond Issuance
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 12 of 50 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Accordingly, the Group may be unable to raise funds in a timely manner and on the terms it seeks due to factors such as an economic downturn, deterioration in financial markets, higher interest rates, a decline in the Group's creditworthiness, and worsening business prospects.」
The risk of difficulty raising funds due to economic conditions, financial markets, interest rates, creditworthiness and business prospects continues. - FY2021RestatedAnnual report
「The Group may be unable to raise funds in a timely manner and on the terms it seeks due to factors such as an economic downturn, deterioration in financial markets, higher interest rates, a decline in the Group's creditworthiness, and worsening business prospects.」
The risk of difficulty raising funds due to market conditions, interest rates, creditworthiness and business prospects continues. - FY2017RestatedAnnual report
「The Group may be unable to raise funds in a timely manner and on the terms it seeks due to factors such as an economic downturn, deterioration in financial markets, higher interest rates, a decline in the Group's creditworthiness, and worsening business prospects.」
The Group continues to disclose the risk that funding through borrowings and other means may become difficult due to market conditions, interest rates, creditworthiness and other factors. - FY2016First statedAnnual report
「The Group plans to raise funds through various means, including borrowings, and use them for store openings and other purposes. In such cases, interest expenses may increase. In addition, if additional borrowings become difficult due to deteriorating business performance or other factors, this may affect the Group's business plans and business performance.」
The Group cites higher interest expenses associated with continued funding for store openings and difficulty raising additional funds when business performance deteriorates.