Interest-rate risk on borrowings and hedging with interest-rate swaps
First written in FY2017. 1 of 10 entries say "Dropped", first in FY2026. Latest entry: FY2026.
The whole theme swung hardest in 2025: 13 of 59 companies on the "Worse" side.
9 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「Consolidated fiscal year (31 May 2026): Not applicable.」
The disclosure of the ¥214 million in interest rate swap contracts remaining in the previous fiscal year was removed, and there were no derivatives transactions subject to hedge accounting in the fiscal year. - FY2025Hedging contract balance updatedAnnual report
「Interest rate swaps Fixed payments, floating receipts Long-term borrowings 214 —」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥916 million in the previous fiscal year to ¥214 million, and the amount with a maturity exceeding 1 year fell to zero. - FY2024Hedging contract balance updatedAnnual report
「Interest rate swaps Fixed payments, floating receipts Long-term borrowings 916 214」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥1,618 million in the previous fiscal year to ¥916 million. - FY2023Hedging contract balance updatedAnnual report
「Interest rate swaps Fixed payments, floating receipts Long-term borrowings 1,618 916」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥2,320 million in the previous fiscal year to ¥1,618 million. - FY2022Hedging contract balance updatedAnnual report
「Interest rate swaps Fixed payments, floating receipts Long-term borrowings 2,320 1,618」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥3,022 million in the previous fiscal year to ¥2,320 million. - FY2021Hedging contract balance updatedAnnual report
「Interest rate swaps Fixed payments, floating receipts Long-term borrowings 3,022 2,320」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥3,724 million in the previous fiscal year to ¥3,022 million. - FY2020Hedging contract balance updatedAnnual report
「Interest rate swaps Fixed payments, floating receipts Long-term borrowings 3,724 3,022」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥4,426 million in the previous fiscal year to ¥3,724 million. - FY2019Hedging contract balance updatedAnnual report
「Fiscal year ended 31 May 2019 Interest rate swaps Fixed payments, floating receipts Long-term borrowings 4,426 3,724」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥5,128 million in the previous fiscal year to ¥4,426 million. - FY2018Hedging contract balance updatedAnnual report
「Fiscal year ended 31 May 2018 Interest rate swaps Fixed payments, floating receipts Long-term borrowings 5,128 4,426」
The amount of interest rate swap contracts and related items hedging the risk of changes in borrowing rates was updated from ¥5,830 million in the previous fiscal year to ¥5,128 million. - FY2017First statedAnnual report
「Derivative transactions consist of interest-rate swaps used to hedge the risk of fluctuations in interest payments on borrowings.」
The company identifies interest-rate risk on borrowings and uses interest-rate swaps as a hedge. The notional amount and other terms of the swaps for the fiscal year totaled ¥5,830 million.