Funding Risk from Interest Rate and Financial Market Volatility
First written in FY2017. 3 of 5 entries say "Worsened", first in FY2024. Latest entry: FY2027-H1.
United Super Markets Holdings moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 9 of 38 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「The outlook remains uncertain owing to factors including higher resource prices associated with the increasing instability in the situation in the Middle East, the continued upward trend in interest rates and the effects of natural disasters.」
The continued upward trend in interest rates was reconfirmed as an existing concern relating to financial markets and the financing environment. - FY2026WorsenedAnnual report
「The uncertain economic outlook is expected to continue due to the impact of rising interest rates following rate hikes by the Bank of Japan, the continued depreciation of the yen, and uncertainty over US trade policy and conditions in the Middle East.」
Regarding interest rate fluctuation risk, rising interest rates following rate hikes by the Bank of Japan emerged as a specific factor contributing to concerns about the economic outlook. - FY2026-H1WorsenedAnnual report
「Concerns about the economic outlook are expected to continue, including soaring raw material prices and higher labor costs, as well as the impact of rising interest rates and U.S. trade policy.」
Regarding financial market and interest rate fluctuation risks, rising interest rates were specifically identified as a factor contributing to concerns about the economic outlook. - FY2024WorsenedAnnual report
「We are also concerned about rising interest rates following the Bank of Japan's lifting of its negative interest rate policy, and recognize the need to make investments with greater precision.」
Regarding financial market and interest rate fluctuation risks, concerns about rising interest rates following the lifting of the negative interest rate policy emerged as a specific risk. - FY2017First statedAnnual report
「Future trends in financial markets and fluctuations in interest rates could affect our Group's business performance and financial condition through its funding and interest burden.」
Financial market and interest rate fluctuation risks related to funding and interest expense were explicitly identified.