LBO-Related Borrowings and the Risk of Higher Floating Interest Rates
First written in FY2025. 8 of 9 entries say "Mitigated", first in FY2026-H1. Latest entry: 2026-10-14.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
39 other companies' latest entry also says "Mitigated".
- 2026-10-14MitigatedEarnings
「約定弁済による借入金(非流動)の減少154百万円」
約定弁済により非流動借入金が154百万円減少し、借入金残高の低下が継続している。 - FY2027-H1MitigatedAnnual report
「This was due to factors reducing funds, including dividend payments of ¥232 million, expenditure of ¥194 million for the acquisition of treasury shares, expenditure of ¥166 million for the repayment of lease liabilities, and expenditure of ¥163 million for the repayment of long-term borrowings.」
Repayment of long-term borrowings continued, and borrowings decreased from ¥2,470 million at the end of the previous consolidated fiscal year to ¥2,315 million. - FY2026MitigatedAnnual report
「As of the end of the current consolidated fiscal year, borrowings totaled ¥2,495 million, representing 41.48% of total equity under IFRS.」
Borrowings declined from ¥2,777 million in the previous fiscal year to ¥2,495 million, while their proportion of total equity declined from 75.94% to 41.48%. - FY2026-H1MitigatedAnnual report
「Borrowings totaled ¥2,624 million as of the end of the current interim consolidated accounting period, a decrease of ¥153 million from ¥2,777 million at the end of the previous consolidated fiscal year.」
Scheduled repayments reduced borrowings by ¥153 million, lowering the balance of LBO-related borrowings. - FY2025First statedAnnual report
「As of the end of the current consolidated fiscal year, borrowings totaled ¥2,777 million, representing 75.94% of total equity under IFRS.」
The Group explains that borrowing terms improved following refinancing in September 2023, including the absence of financial covenants. On the other hand, a 1% increase in interest rates would reduce net profit or loss by ¥19 million.