Hedging Interest Rate Fluctuation Risk on Borrowings Using Interest Rate Swaps
First written in FY2018. 4 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 13 of 67 companies on the "Worse" side.
32 other companies' latest entry also says "Other".
- FY2026Decrease in interest-rate swap notional amountAnnual report
「Interest rate swaps Long-term borrowings 58,000 24,400」
The contract amount of interest rate swaps hedging interest rate fluctuation risk on borrowings decreased from ¥143.6 million in the previous fiscal year to ¥58.0 million, while the portion with a term of more than 1 year decreased from ¥58.0 million to ¥24.4 million. - FY2025-H1RestatedAnnual report
「The contract amounts and other details of derivative transactions at the end of the interim consolidated accounting period did not change significantly from the end of the previous consolidated fiscal year.」
The company reconfirmed that derivative transactions, including interest rate swaps, had not changed materially from the end of the previous consolidated fiscal year. - FY2023-Q2RestatedAnnual report
「The contract amounts and other details of derivative transactions at the end of the quarterly consolidated accounting period did not change significantly from the end of the previous consolidated fiscal year.」
The company stated that derivative transactions, including interest rate swaps, had not changed materially from the end of the previous fiscal year. - FY2022Increase in interest rate swap contract amountsAnnual report
「Interest rate swaps Long-term borrowings 684,400 458,800」
The contract amount of interest rate swaps hedging interest rate fluctuation risk on borrowings increased from ¥437.6 million in the previous fiscal year to ¥684.4 million, while the portion with a term of more than 1 year increased from ¥288.0 million to ¥458.8 million. - FY2021Halving of interest rate swap contract amountsAnnual report
「Interest rate swaps Long-term borrowings 437,600 288,000」
The contract amount of interest rate swaps hedging interest rate fluctuation risk on borrowings decreased from ¥795.2 million in the previous fiscal year to ¥437.6 million, while the portion with a term of more than 1 year decreased from ¥437.6 million to ¥288.0 million. - FY2020Decrease in interest-rate swap notional amountAnnual report
「Interest rate swaps Long-term borrowings 795,200 437,600」
The contract amount of interest rate swaps hedging interest rate fluctuation risk on borrowings decreased from ¥952.8 million in the previous fiscal year to ¥795.2 million, while the portion with a term of more than 1 year decreased from ¥795.2 million to ¥437.6 million. - FY2020-Q2RestatedAnnual report
「The contract amounts and other details of derivative transactions at the end of the quarterly consolidated accounting period did not change significantly from the end of the previous consolidated fiscal year.」
The company stated that derivative transactions, including interest rate swaps, had not changed materially from the end of the previous fiscal year, indicating no significant change in its response to interest rate fluctuation risk. - FY2019Decrease in interest-rate swap notional amountAnnual report
「Interest rate swaps Long-term borrowings 952,800 795,200」
The contract amount of interest rate swaps hedging interest rate fluctuation risk on borrowings decreased from ¥1.1104 billion to ¥952.8 million, while the portion with a term of more than 1 year decreased from ¥952.8 million to ¥795.2 million. - FY2019-Q2RestatedAnnual report
「The contract amounts and other details of derivative transactions at the end of the quarterly consolidated accounting period showed no material change compared with the end of the previous consolidated fiscal year.」
The company stated that derivative transactions had not changed materially from the end of the previous consolidated fiscal year, indicating no significant change in its response to interest rate fluctuation risk. - FY2018First statedAnnual report
「The transactions are intended to fix interest payments, and no derivative transactions are conducted for speculative purposes.」
The company uses interest rate swaps to hedge interest rate fluctuation risk on borrowings, with the aim of fixing interest rates rather than for speculative purposes. The contract amount at the end of the fiscal year was ¥1.1104 billion, of which ¥952.8 million had a term of more than 1 year.