Interest Rate Risk
First written in FY2016. 3 of 7 entries say "Mitigated", first in FY2017. Latest entry: 2026-11-13.
The whole theme swung hardest in 2025: 33 of 94 companies on the "Worse" side.
43 other companies' latest entry also says "Worsened".
- 2026-11-13WorsenedEarnings presentation
「短期借入金（+1,930）で運転資金の増加に対応。有利子負債は8,684→9,967」
タングステン調達に伴う前渡金・売上債権の増加を短期借入金で賄い、9月末時点の有利子負債残高は増加した。ただし、当該借入金は2027年3月末までに全額返済する見込みとしている。 - FY2026MitigatedAnnual report
「As a result, interest-bearing debt, including borrowings, stood at ¥8,809 million at the end of the consolidated fiscal year.」
Interest-bearing debt decreased from ¥10,521 million at the end of the previous fiscal year to ¥8,809 million, reducing exposure to interest rate risk. - FY2026-H1MitigatedAnnual report
「Current liabilities decreased by ¥624 million from the end of the previous consolidated fiscal year to ¥10,888 million. This was mainly due to decreases of ¥299 million in short-term borrowings, ¥147 million in notes and accounts payable, and ¥205 million in electronically recorded obligations. Non-current liabilities decreased by ¥222 million from the end of the previous consolidated fiscal year to ¥6,246 million. This was mainly due to a decrease of ¥216 million in long-term borrowings.」
Short-term and long-term borrowings decreased from the end of the previous fiscal year, reducing interest-bearing debt and lowering exposure to interest rate risk during the interim period. - FY2025WorsenedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt, including borrowings, stood at ¥10,521 million.」
Interest-bearing debt increased from ¥4,691 million at the end of the previous fiscal year to ¥10,521 million, expanding exposure to variable-rate liabilities. - FY2018RestatedAnnual report
「To mitigate interest rate risk, the Group uses the conversion of interest-bearing debt from short-term to long-term borrowings and enters into interest rate swap transactions. However, if interest rates rise in the future, the Group's business performance and financial position may be affected.」
The company continues to address interest rate risk by converting borrowing maturities and using interest rate swaps. - FY2017MitigatedAnnual report
「To mitigate interest rate risk, the Group uses the conversion of interest-bearing debt from short-term to long-term borrowings and enters into interest rate swap transactions.」
The company explicitly stated that it addresses interest rate risk by converting borrowing maturities and using interest rate swap transactions. - FY2016First statedAnnual report
「Some of the interest-bearing debt of our group carries variable interest rates.」
The company has variable-rate borrowings and states that rising interest rates could affect its business performance and financial position. It identifies converting short-term borrowings to long-term borrowings as a mitigation measure.