Borrowings and interest rate fluctuations
First written in FY2022. 8 of 17 entries say "Mitigated", first in FY2023-Q3. Latest entry: 2026-11-13.
Sanwayuka Industry moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 33 of 94 companies on the "Worse" side.
43 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Group will work to strengthen its financial position by reducing its borrowing ratio. However, if the upward trend in interest rates continues, this may affect the Group's operating results and financial position. At the end of the consolidated fiscal year, interest-bearing debt stood at ¥7,984 million, and interest-bearing debt as a percentage of total assets was 30.7%.」
Interest-bearing debt stood at ¥7,984 million and the interest-bearing debt ratio was 30.7% due to capital expenditure and the acquisition of A&H Japan as a subsidiary, rising from 24.5% in the previous fiscal year. - FY2026-H1WorsenedAnnual report
「Liabilities increased to ¥9,411 million, an increase of ¥1,287 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥990 million in long-term borrowings, among other factors.」
Long-term borrowings increased by ¥990 million, and total liabilities also increased by ¥1,287 million from the end of the previous consolidated fiscal year. - FY2025MitigatedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥5,062 million, and interest-bearing debt as a percentage of total assets was 24.5%.」
The interest-bearing debt ratio declined to 24.5% from 25.3% in the previous fiscal year, and the reduction in the financial burden related to borrowings and interest rate fluctuations continued. - FY2025-H1MitigatedAnnual report
「Cash flow from financing activities during the interim consolidated accounting period was an outflow of ¥334 million, mainly due to repayments of ¥817 million in long-term borrowings, representing a decrease of ¥760 million in the outflow year on year.」
Financing activities resulted in an outflow of ¥334 million, mainly due to the repayment of ¥817 million in long-term borrowings and other items. Liabilities also declined by ¥1,173 million from the end of the previous consolidated fiscal year. - FY2024MitigatedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥5,342 million, and interest-bearing debt as a percentage of total assets was 25.3%.」
The interest-bearing debt ratio declined to 25.3% from 30.6% in the previous fiscal year, and the reduction in the financial burden related to borrowings and interest rate fluctuations continued. - FY2024-Q3MitigatedAnnual report
「Liabilities declined to ¥8,117 million, a decrease of ¥1,691 million from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥1,079 million in long-term borrowings, ¥265 million in current maturities of long-term borrowings and ¥205 million in income taxes payable, among other factors.」
Liabilities declined by ¥1,691 million from the end of the previous consolidated fiscal year, mainly due to a decrease in long-term borrowings and other items, and the reduction in the financial burden related to borrowings and interest rate fluctuations continued. - FY2024-Q2MitigatedAnnual report
「Liabilities declined to ¥8,715 million, a decrease of ¥1,092 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease of ¥761 million in long-term borrowings, among other factors.」
Liabilities, including long-term borrowings, declined from the end of the previous consolidated fiscal year, and the reduction in the financial burden related to borrowings and interest rate fluctuations continued. - FY2024-Q1MitigatedAnnual report
「Liabilities declined to ¥9,376 million, a decrease of ¥431 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease of ¥384 million in long-term borrowings, among other factors.」
Liabilities and long-term borrowings declined from the end of the previous consolidated fiscal year, and the company describes a reduction in the financial burden related to borrowings and interest rate fluctuations. - FY2023MitigatedAnnual report
「The Group will work to strengthen its financial position by reducing its borrowing ratio. However, if the upward trend in interest rates continues, this may affect the Group's operating results and financial position. At the end of the consolidated fiscal year, interest-bearing debt stood at ¥6,386 million, and interest-bearing debt as a percentage of total assets was 30.6%.」
Although the risk of higher interest rates remains, the interest-bearing debt ratio declined to 30.6% from 34.1% in the previous fiscal year, and the company describes a reduction in its borrowing burden. - FY2023-Q3MitigatedAnnual report
「Liabilities declined to ¥9,723 million, a decrease of ¥1,890 million from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥559 million in non-operating electronic record liabilities, ¥500 million in short-term borrowings, ¥279 million in income taxes payable and ¥193 million in accounts payable, among other factors.」
Liabilities, including short-term borrowings, declined, reducing the financial burden compared with the end of the previous consolidated fiscal year. - FY2022First statedAnnual report
「At the end of the consolidated fiscal year, interest-bearing debt stood at ¥7,300 million, and interest-bearing debt as a percentage of total assets was 34.1%.」
The company finances capital expenditure and working capital through bank borrowings and other means, and identifies the impact of continued interest rate increases as a risk. It also describes strengthening its financial position by reducing its interest-bearing debt ratio.