Hedging Interest Rate Risk with Interest Rate Swaps
First written in FY2016. 1 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 13 of 67 companies on the "Worse" side.
9 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual report
「As the borrowings subject to hedging were repaid during the current consolidated fiscal year, hedge accounting has not been applied.」
For the interest-rate swaps totaling ¥30 million in the previous fiscal year, there were no derivative transactions in the current fiscal year because the borrowings subject to hedging were repaid, and hedge accounting was not applied. - FY2019Interest rate swap contract amount decreasedAnnual report
「Interest-rate swap transactions Long-term borrowings ¥30 million Of which contracts exceeding 1 year — Fixed payments, floating receipts」
The hedging policy using interest-rate swaps continues, but the contracted amount and other figures decreased from ¥60 million in the previous fiscal year to ¥30 million, and there are no longer any contracts exceeding 1 year. - FY2017RestatedAnnual report
「Derivatives are used to hedge the risk of fluctuations in interest rates on borrowings, and no speculative transactions are conducted.」
We continue to mitigate interest-rate fluctuation risk on borrowings through interest-rate swaps. The contracted amount at the end of the current consolidated fiscal year was ¥90 million. - FY2016First statedAnnual report
「Derivatives are used to hedge the risk of fluctuations in interest rates on borrowings, and no speculative transactions are conducted.」
Interest-rate swaps are used for part of our long-term borrowings to fix the interest payable.