Liquidity, interest rate and foreign exchange risk associated with borrowings
First written in FY2025. 1 of 4 entries say "Restated". Latest entry: FY2027-H1.
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- FY2027-H1Update to borrowings outstanding and repayment structureAnnual report
「Total liabilities at the end of the current interim consolidated accounting period were ¥5,623.531 million, a decrease of ¥654.677 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥1,566.671 million increase in long-term borrowings resulting from the refinancing of existing borrowings, while current portions of long-term borrowings decreased by ¥1,973.816 million and the provision for bonuses decreased by ¥117.229 million.」
The repayment maturity profile of borrowings changed as a result of refinancing existing borrowings, and total liabilities decreased by ¥654.677 million from the end of the previous fiscal year. - FY2026MitigatedAnnual report
「Borrowings are primarily used to finance working capital and business acquisitions and are exposed to liquidity risk, the risk of being unable to make payments when due. In addition, because some borrowings carry variable interest rates, they are exposed to interest rate risk.」
The balance of borrowings declined to ¥2,373.812 million, while cash and cash equivalents amounted to ¥5,003.357 million. Although liquidity and interest rate risks continue to exist, the Company discloses that it manages them by maintaining liquidity on hand. - 2026-05-08RestatedGeneral Meetings of Shareholders
「Borrowings are primarily used to finance working capital and business acquisitions and are exposed to liquidity risk, the risk of being unable to make payments when due. In addition, because some borrowings carry variable interest rates, they are exposed to interest rate risk.」
The company disclosed liquidity risk and interest-rate risk arising from variable-rate borrowings. It also explained foreign-exchange risk related to overseas trade receivables and payables and the use of forward exchange contracts to hedge foreign-currency payments for acquisitions. - FY2025First statedAnnual report
「Borrowings are primarily used to finance working capital and business acquisitions and are exposed to liquidity risk, the risk of being unable to make payments when due. In addition, because some borrowings carry variable interest rates, they are exposed to interest rate risk.」
As financial instrument risks, the Company has for the first time separately disclosed the liquidity risk and variable-rate interest rate risk associated with borrowings, against a background of borrowings of ¥2,873.562 million at the end of the fiscal year. It also explains foreign exchange risk related to overseas trade receivables and payables, as well as hedging of acquisition payments denominated in foreign currencies through foreign exchange contracts.