Interest-Bearing Debt and Interest Rate Fluctuations
First written in FY2016. 13 of 24 entries say "Mitigated", first in FY2017. Latest entry: 2026-08-07.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
39 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings presentation
「Short-term borrowings declined because the company shifted borrowings to longer maturities in preparation for higher interest rates.」
The company disclosed that short-term borrowings declined as borrowings were shifted to longer maturities in preparation for higher interest rates. - FY2026MitigatedAnnual report
「Liabilities at the end of the current consolidated fiscal year were ¥51,208 million, a decrease of ¥2,394 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥2,394 million from the end of the previous fiscal year, mainly due to a decrease in interest-bearing debt, narrowing liability exposure to interest-rate fluctuations. - 2026-05-14MitigatedEarnings
「Liabilities totaled ¥51,208 million, a decrease of ¥2,394 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Lower interest-bearing debt reduced both the balance of liabilities and the debt exposure subject to interest-rate fluctuations. - FY2026-H1MitigatedAnnual report
「Liabilities were ¥51,755 million, a decrease of ¥1,846 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥1,846 million from the end of the previous fiscal year, mainly due to a decrease in interest-bearing debt, narrowing liability exposure to interest-rate fluctuations. - FY2025WorsenedAnnual report
「Liabilities at the end of the current consolidated fiscal year were ¥53,602 million, an increase of ¥4,551 million from the end of the previous consolidated fiscal year. The main factor was an increase in interest-bearing debt.」
Liabilities increased by ¥4,551 million from the end of the previous fiscal year, mainly due to an increase in interest-bearing debt, expanding liability exposure to interest-rate fluctuations. - FY2025-H1MitigatedAnnual report
「Liabilities were ¥47,677 million, a decrease of ¥1,373 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥1,373 million from the end of the previous consolidated fiscal year, mainly due to a decrease in interest-bearing debt, narrowing liability exposure to interest-rate fluctuations. - FY2024-Q3WorsenedAnnual report
「Liabilities were ¥49,833 million, an increase of ¥5,062 million from the end of the previous consolidated fiscal year. The main factor was an increase in liabilities accompanying the initial consolidation of a subsidiary.」
Liabilities increased by ¥5,062 million from the end of the previous consolidated fiscal year following the initial consolidation of a subsidiary, and the disclosure describes expanded liability exposure. - FY2024-Q2WorsenedAnnual report
「Liabilities were ¥49,252 million, an increase of ¥4,481 million from the end of the previous consolidated fiscal year. The main factor was an increase in liabilities accompanying the initial consolidation of a subsidiary.」
Liabilities increased by ¥4,481 million following the initial consolidation of a subsidiary, and the disclosure describes expanded interest-bearing debt and liability exposure to interest-rate fluctuations. - FY2024-Q1WorsenedAnnual report
「Liabilities were ¥49,782 million, an increase of ¥5,011 million from the end of the previous consolidated fiscal year. The main factor was an increase in interest-bearing debt.」
Liabilities increased by ¥5,011 million from the end of the previous consolidated fiscal year, mainly due to an increase in interest-bearing debt, expanding liability exposure to interest-rate fluctuations. - FY2023-Q3Changes in Borrowing CompositionAnnual report
「Short-term borrowings 10,615 10,965 Current portion of long-term borrowings 4,808 4,008 Long-term borrowings 8,949 10,511」
Compared with the end of the previous consolidated fiscal year, short-term and long-term borrowings increased, while the current portion of long-term borrowings decreased. The composition of interest-bearing debt has changed. - FY2023-Q2MitigatedAnnual report
「Liabilities were ¥41,775 million, a decrease of ¥5,092 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥5,092 million from the end of the previous consolidated fiscal year, mainly due to a decrease in interest-bearing debt, narrowing liability exposure to interest-rate fluctuations. - FY2023-Q1MitigatedAnnual report
「Liabilities were ¥42,614 million, a decrease of ¥4,253 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥4,253 million from the end of the previous consolidated fiscal year due to a decrease in interest-bearing debt, narrowing liability exposure to interest-rate fluctuations. - FY2022Increase in short-term borrowings and decrease in long-term borrowingsAnnual report
「Increase in short-term borrowings: ¥4,170 million; outflow for repayment of long-term borrowings: ¥4,160 million」
While short-term borrowings increased, long-term borrowings decreased through repayments, changing the composition of interest-bearing debt. - FY2022-Q2MitigatedAnnual report
「Liabilities were ¥43,502 million, a decrease of ¥4,302 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥4,302 million from the end of the previous consolidated fiscal year, mainly due to a decrease in interest-bearing debt, narrowing liability exposure to interest-rate fluctuations. - FY2022-Q1MitigatedAnnual report
「Liabilities were ¥44,192 million, a decrease of ¥3,612 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥3,612 million from the end of the previous consolidated fiscal year, mainly due to a decrease in interest-bearing debt, and liability exposure to interest-rate fluctuations is narrowing. - FY2021-Q3MitigatedAnnual report
「Liabilities were ¥53,416 million, a decrease of ¥1,561 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥1,561 million from the end of the previous consolidated fiscal year, mainly due to a decrease in interest-bearing debt, narrowing liability exposure to interest-rate fluctuations. - FY2021-Q2WorsenedAnnual report
「Liabilities were ¥55,936 million, an increase of ¥959 million from the end of the previous consolidated fiscal year. The main factor was an increase in interest-bearing debt.」
Liabilities increased by ¥959 million from the end of the previous consolidated fiscal year, mainly due to an increase in interest-bearing debt, and the expansion of liability exposure to interest-rate fluctuations continues to be disclosed. - FY2021-Q1WorsenedAnnual report
「Liabilities were ¥58,343 million, an increase of ¥3,365 million from the end of the previous consolidated fiscal year. The main factor was an increase in interest-bearing debt.」
Liabilities increased by ¥3,365 million from the end of the previous consolidated fiscal year, mainly due to an increase in interest-bearing debt, expanding liability exposure to interest-rate fluctuations. - FY2019-Q3MitigatedAnnual report
「Liabilities were ¥54,190 million, a decrease of ¥1,876 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥1,876 million from the end of the previous consolidated fiscal year, mainly due to a decrease in interest-bearing debt, and liability exposure to interest-rate fluctuations continues to narrow. - FY2019-Q2MitigatedAnnual report
「Liabilities totaled ¥53,699 million, a decrease of ¥2,367 million from the end of the previous consolidated fiscal year. The main factor was a decrease in interest-bearing debt.」
Liabilities decreased by ¥2,367 million from the end of the previous consolidated fiscal year due to lower interest-bearing debt, indicating reduced exposure to interest-bearing debt and interest rate fluctuation risk. - FY2018WorsenedAnnual report
「Interest-bearing debt represented 24.9% of total assets as of 31 March 2018. If interest rates rise, including on the variable-rate portion of interest-bearing debt, this could affect the Group's operating results and financial condition.」
The interest-bearing debt ratio rose from 24.7% at the end of the previous fiscal year to 24.9%, and the Company continues to disclose the risk of higher interest rates on the variable-rate portion. - FY2018-Q3WorsenedAnnual report
「Liabilities totaled ¥58,615 million, an increase of ¥1,486 million from the end of the previous consolidated fiscal year. The main factor was an increase in interest-bearing debt.」
Liabilities increased by ¥1,486 million from the end of the previous consolidated fiscal year due to higher interest-bearing debt, indicating greater exposure to interest-bearing debt and interest rate fluctuation risk. - FY2017MitigatedAnnual report
「Interest-bearing debt represented 24.7% of total assets as of 31 March 2017. If interest rates rise, including on the variable-rate portion of interest-bearing debt, this could affect the Group's operating results and financial condition.」
The interest-bearing debt ratio declined from 32.2% to 24.7%, while the risk of higher interest rates on the variable-rate portion remains. - FY2016First statedAnnual report
「Interest-bearing debt represented 32.2% of total assets as of 31 March 2016. If interest rates rise, including on the variable-rate portion of interest-bearing debt, this could affect the Group's operating results and financial condition.」
The interest-bearing debt ratio was 32.2%, and the Company discloses the risk of higher interest rates on the variable-rate portion.