Interest-Bearing Debt and Interest Rate Fluctuations
First written in FY2023. 6 of 8 entries say "Mitigated", first in FY2025-H1. Latest entry: 2026-08-10.
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
83 other companies' latest entry also says "Mitigated".
- 2026-08-10MitigatedEarnings
「The main factors behind the decrease were reductions of ¥105,780 thousand in accrued expenses and ¥98,150 thousand in long-term borrowings, among others.」
Long-term borrowings decreased from ¥1,658,962 thousand at the end of September 2025 to ¥1,560,812 thousand, continuing the reduction in interest-bearing debt. - FY2026-H1MitigatedAnnual report
「The main decreases were ¥109,015 thousand in accrued expenses and ¥65,268 thousand in long-term borrowings.」
Long-term borrowings decreased from ¥1,658.962 million to ¥1,593.694 million, and interest-bearing debt, including the portion due for repayment within 1 year, also declined from the end of the previous consolidated fiscal year. - FY2025MitigatedAnnual report
「The Group's consolidated interest-bearing debt stood at ¥1,789 million at the end of the consolidated fiscal year, representing 18.7% of total assets. ... The interest coverage ratio for the consolidated fiscal year was 52.6 times, and the company considers the impact to be limited.」
Interest-bearing debt declined from ¥1,941 million to ¥1,789 million, while the ratio to total assets fell from 21.4% to 18.7%. The interest coverage ratio was 52.6 times, and the company explains that the impact is limited. - FY2025-H1MitigatedAnnual report
「The main increases were accounts payable of ¥62.470 million, deferred revenue of ¥145.819 million, advances received of ¥50.500 million, provision for bonuses of ¥83.653 million and deposits received of ¥183.556 million, while the main decreases were accrued expenses of ¥121.182 million and long-term borrowings of ¥82.727 million.」
Long-term borrowings decreased from ¥1,806.585 million to ¥1,723.858 million, and interest-bearing debt, including the portion due for repayment within 1 year, also declined from the end of the previous fiscal year. Exposure to interest rate fluctuation risk remains, but the balance has contracted. - FY2024Higher balance, lower ratioAnnual report
「The Group's consolidated interest-bearing debt stood at ¥1,941 million at the end of the consolidated fiscal year, representing 21.4% of total assets. ... The interest coverage ratio for the consolidated fiscal year was 53.42 times, and the company considers the impact to be limited.」
Interest-bearing debt increased from ¥1,911 million to ¥1,941 million, but declined from 22.6% to 21.4% as a percentage of total assets, and the company explains that the impact is limited. - FY2023First statedAnnual report
「The Group's consolidated interest-bearing debt stood at ¥1,911 million at the end of the consolidated fiscal year, representing 22.6% of total assets.」
The company finances real estate acquisitions through borrowings and describes interest-bearing debt of ¥1,911 million, equivalent to 22.6% of total assets, and the risk of interest rate fluctuations.