Interest Rate Increase Risk from Floating-Rate Borrowings
First written in FY2022. 1 of 2 entries say "Worsened", first in FY2023. Latest entry: FY2023.
Recomm moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
40 other companies' latest entry also says "Worsened".
- FY2023WorsenedAnnual report
「Variable-rate borrowings ¥1,908.598 million ¥2,366.594 million」
Variable-rate borrowings increased from ¥1,908.598 million to ¥2,366.594 million, while the impact on profit before tax of a 1% increase in interest rates also rose from ¥16.772 million to ¥21.375 million. - FY2022First statedAnnual report
「Our group uses financial instruments exposed to interest rate fluctuation risk to raise funds for working capital and capital expenditure. ...Borrowings at variable interest rates amounted to ¥1,908.598 million at the end of the current consolidated fiscal year, and the impact on profit before tax of a 1% increase in interest rates was ¥16.772 million.」
The company disclosed quantitatively for the first time the interest rate fluctuation risk arising from variable-rate borrowings, stating that borrowings amounted to ¥1,908.598 million and that the impact on profit before tax of a 1% increase in interest rates was ¥16.772 million.