Interest-Rate Risk
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2026.
Uacj moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
40 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The impact on profit before tax for the fiscal year in the consolidated income statement of a 1% increase in interest rates is as follows.」
The impact on profit before tax of a 1% increase in interest rates was a ¥924 million decrease, up from a ¥794 million decrease in the previous fiscal year. - FY2025WorsenedAnnual report
「The impact on profit before tax for the fiscal year in the consolidated income statement of a 1% increase in interest rates is as follows.」
The impact on profit before tax of a 1% increase in interest rates on variable-rate borrowings was a ¥794 million decrease, up from a ¥481 million decrease in the previous fiscal year. - FY2024Quantitative disclosure of sensitivity to rising interest ratesAnnual report
「If interest rates on the Group's variable-rate borrowings outstanding at each fiscal year-end rise by 1%, the impact on profit before tax for the fiscal year in the consolidated income statement is a ¥481 million decrease.」
The impact of a 1% increase in interest rates on variable-rate borrowings was quantitatively disclosed as a ¥481 million decrease in profit before tax. - FY2024-Q2RestatedAnnual report
「The prolonged Russian invasion of Ukraine and rate hikes aimed at curbing inflation in the United States and other countries are affecting economic activity.」
The disclosure continues to state that rate hikes in the United States and other countries are affecting economic activity, with no significant change to the risk associated with an environment of rising interest rates. - FY2024-Q1RestatedAnnual report
「The prolonged Russian invasion of Ukraine and rate hikes aimed at curbing inflation in the United States and other countries are affecting economic activity.」
The disclosure continues to state that rate hikes in the United States and other countries are affecting economic activity, and that the existing risk associated with an environment of rising interest rates remains. - FY2023-Q2RestatedAnnual report
「Rate hikes aimed at curbing inflation have progressed in the United States and other countries, affecting economic activity.」
The disclosure continues to state that rate hikes in the United States and other countries are affecting economic activity, with no significant change to the existing risk associated with an environment of rising interest rates. - FY2023-Q1WorsenedAnnual report
「Rate hikes aimed at curbing inflation have progressed in the United States and other countries, affecting economic activity.」
The disclosure adds that rate hikes have progressed in the United States and other countries, affecting economic activity. The change in the external environment has become more concrete in relation to the existing risk that interest rate fluctuations may affect results. - FY2017RestatedAnnual report
「With respect to long-term interest-bearing debt, the proportion of fixed-rate funding exceeds half through the use of interest rate swaps and other measures to address interest rate risk. However, it is difficult to completely eliminate the risk of fluctuations, and changes in interest rates may affect the operating results of our Group.」
The disclosure reiterates that, although fixed-rate funding accounts for more than half of total funding, interest rate risk remains. - FY2016First statedAnnual report
「It is difficult to completely eliminate the risk of fluctuations, and changes in interest rates may affect the operating results of our Group.」
Interest rate swaps have made fixed-rate borrowings account for more than half of total funding, but the Group states that interest rate risk cannot be completely eliminated.