Interest Rate Fluctuation and Financing Risk
First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 10 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position.」
The company continues to address interest-rate and funding risks through fixed-rate borrowings, stronger relationships with funding institutions, and diversification of funding sources. - FY2023RestatedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position. In addition, relationships with its current financial institutions are good and the Group can obtain the funds it needs without difficulty. While seeking to strengthen relationships with funding institutions, the Group also seeks to reduce risk through diversification, but there is no guarantee that it will continue to be able to secure sufficient funding in the future.」
The company reaffirms its policy of reducing interest-rate and funding risks through fixed-rate borrowings, stronger relationships with financial institutions, and diversification of funding sources. - FY2021RestatedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position. In addition, relationships with its current financial institutions are good and the Group can obtain the funds it needs without difficulty. While seeking to strengthen relationships with funding institutions, the Group also seeks to reduce risk through diversification, but there is no guarantee that it will continue to be able to secure sufficient funding in the future.」
The company reaffirms its policy of reducing interest-rate and funding risks through fixed-rate borrowings, stronger relationships with financial institutions, and diversification of funding sources. - FY2020RestatedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position.」
The company reaffirms its policy of reducing interest-rate risk through fixed-rate borrowings and funding risk by diversifying its sources of funding. - FY2019RestatedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position. In addition, relationships with its current financial institutions are good and the Group can obtain the funds it needs without difficulty, but there is no guarantee that it will continue to be able to secure sufficient funding in the future.」
The company reaffirms its policy of reducing interest-rate risk through fixed-rate borrowings and the risk concerning future funding availability. - FY2018RestatedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position. In addition, relationships with its current financial institutions are good and the Group can obtain the funds it needs without difficulty, but there is no guarantee that it will continue to be able to secure sufficient funding in the future.」
The company reaffirms its policy of reducing interest-rate risk through fixed-rate borrowings and the risk concerning future funding availability. - FY2017RestatedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position. In addition, relationships with its current financial institutions are good and the Group can obtain the funds it needs without difficulty, but there is no guarantee that it will continue to be able to secure sufficient funding in the future.」
The company reiterates its policy of reducing interest-rate risk through fixed-rate borrowings and the risk concerning future funding availability. - FY2016First statedAnnual report
「The Group seeks to reduce interest-rate risk by using predominantly fixed-rate long-term borrowings, but significant interest-rate movements could affect the Group's operating results and financial position. In addition, relationships with its current financial institutions are good and the Group can obtain the funds it needs without difficulty, but there is no guarantee that it will continue to be able to secure sufficient funding in the future.」
The company describes its use of fixed-rate borrowings and relationships with financial institutions, while identifying future funding availability as a risk.