Interest-Rate Risk
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
39 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Increase in financing costs due to higher interest rates (the balance of interest-bearing debt at the end of the consolidated fiscal year was ¥306.2 billion); limiting the increase in financing costs caused by higher interest rates through financing centered on long-term fixed-rate borrowing」
The balance of interest-bearing debt decreased by ¥26.9 billion from the end of the previous fiscal year, and the Group continues its response through financing centered on long-term fixed rates and the use of interest-rate swaps. - FY2023MitigatedAnnual report
「Interest-bearing debt, including borrowings, bonds and commercial paper, decreased by ¥18.3 billion from the end of the previous consolidated fiscal year to ¥323.8 billion.」
The balance of interest-bearing debt decreased from the end of the previous fiscal year, reducing exposure to higher interest rates alongside the Group's financing policy centered on long-term fixed-rate borrowing. - FY2022RestatedAnnual report
「Increase in financing costs due to higher interest rates (the balance of interest-bearing debt at the end of the consolidated fiscal year was ¥342.1 billion); limiting the increase in financing costs caused by higher interest rates through financing centered on long-term fixed-rate borrowing」
The Group disclosed an interest-bearing debt balance of ¥342.1 billion and continues its policy of limiting interest-rate risk through financing centered on long-term fixed-rate borrowing. - FY2021RestatedAnnual report
「Increase in financing costs due to higher interest rates (The balance of interest-bearing debt at the end of the consolidated fiscal year was ¥290.6 billion)」
The Group disclosed an interest-bearing debt balance of ¥290.6 billion and continues its policy of limiting interest-rate risk through financing centered on long-term fixed-rate borrowing. - FY2020RestatedAnnual report
「The balance of the Group's borrowings, bonds and commercial paper was ¥251.1 billion as of the end of the consolidated fiscal year. While working to reduce interest-bearing debt under its policy of improving its financial position, the Group is taking measures to address interest-rate risk, including long-term borrowing at fixed rates.」
The Group disclosed its balance of interest-bearing debt and its response to higher interest rates through debt reduction and long-term fixed-rate borrowing. - FY2018RestatedAnnual report
「If interest rates rise, interest expenses will increase, potentially worsening the Group's business performance.」
The Group reiterated the risk that higher interest rates could increase interest expenses. - FY2017RestatedAnnual report
「If interest rates rise, interest expenses will increase, potentially worsening the Group's business performance.」
The Group reiterated the risk that higher interest rates could increase interest expenses. - FY2016First statedAnnual report
「If interest rates rise, interest expenses will increase, potentially worsening the Group's business performance.」
The Group disclosed the risk of higher interest rates on financing, including borrowings and bonds.