Interest Rate Risk
First written in FY2016. 7 of 12 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
39 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The balance of short-term borrowings at the end of the fiscal year was ¥900.000 million, and the balance of long-term borrowings was ¥3,000.000 million. Cash and deposits stood at ¥2,385.920 million.」
Total borrowings amounted to ¥3.9 billion, down from ¥6.4 billion at the end of the previous fiscal year. Short-term borrowings also decreased from ¥3.4 billion to ¥900 million, reducing short-term exposure to rising interest rates. - FY2026-H1MitigatedAnnual report
「Liabilities decreased by ¥4,061.840 million from the end of the previous fiscal year to ¥6,585.623 million. The main factors were decreases in short-term borrowings and notes payable and construction-related accounts payable.」
Short-term borrowings decreased from ¥3.4 billion at the end of the previous fiscal year to ¥500 million, while long-term borrowings of ¥3 billion were maintained. Short-term borrowing exposure to rising interest rates decreased. - FY2025¥3 billion in fixed long-term fundingAnnual report
「In the fiscal year ended March 2025, the company raised ¥3 billion in fixed-rate long-term funding to prepare for further interest rate increases and stabilize its cash flow.」
Total borrowings stood at ¥6.4 billion, comprising ¥3.4 billion in short-term borrowings and ¥3 billion in long-term borrowings. While the company raised ¥3 billion in fixed-rate long-term funding to address rising interest rates and stabilize cash flow, total borrowings increased from ¥4.6 billion at the end of the previous fiscal year. - FY2025-H1Shift to long-term borrowingsAnnual report
「The company raised ¥1 billion in long-term borrowings in preparation for rising interest rates, while short-term borrowings decreased by the same amount.」
The company raised ¥1 billion in long-term borrowings in preparation for rising interest rates and reduced short-term borrowings by the same amount. The maturity profile of borrowings was changed. - FY2024MitigatedAnnual report
「The balance of short-term borrowings at the end of the fiscal year was ¥4,600.000 million, while cash and deposits stood at ¥2,141.684 million.」
Short-term borrowings decreased from ¥4.9 billion at the end of the previous fiscal year to ¥4.6 billion, reducing borrowing exposure to rising interest rates. Cash and deposits also decreased. - FY2024-Q3MitigatedAnnual report
「Liabilities decreased by ¥1,088.689 million from the end of the previous fiscal year to ¥7,106.919 million. The main factors were decreases in short-term borrowings and advances received on construction contracts in progress under current liabilities, and an increase in deferred tax liabilities under non-current liabilities.」
Short-term borrowings decreased from ¥4.9 billion at the end of the previous fiscal year to ¥3.8 billion, reducing borrowing exposure to rising interest rates. - FY2024-Q1MitigatedAnnual report
「Liabilities decreased by ¥899.058 million from the end of the previous fiscal year to ¥7,296.550 million. The main factors were a decrease in short-term borrowings and an increase in advances received on construction contracts in progress.」
Short-term borrowings decreased from ¥4.9 billion at the end of the previous fiscal year to ¥3.7 billion, reducing borrowing exposure to rising interest rates. - FY2023WorsenedAnnual report
「Our borrowings stood at ¥4.9 billion at the end of the fiscal year ended March 2023. While it is necessary to reduce borrowings, we have maintained a somewhat higher level of borrowings in preparation for a situation in which rapid inflation, including price increases for key raw materials, is expected.」
Borrowings increased from ¥2.0 billion at the end of the previous fiscal year to ¥4.9 billion, increasing exposure to higher interest rates. - FY2023-Q2MitigatedAnnual report
「Short-term borrowings 2,000,000 1,300,000」
Short-term borrowings declined from ¥2,000 million at the end of March 2022 to ¥1,300 million at the end of September 2022, reducing exposure to higher interest rates compared with the end of the previous fiscal year. - FY2022MitigatedAnnual report
「Our borrowings stood at ¥2.0 billion at the end of the fiscal year ended March 2022. While it is necessary to reduce borrowings, we have maintained a somewhat higher level of borrowings in preparation for a situation in which rapid inflation, including price increases for key raw materials, is expected.」
Although borrowings declined from ¥2.2 billion to ¥2.0 billion, a relatively high balance is being maintained in preparation for inflation and higher raw-material prices. - FY2021WorsenedAnnual report
「Our borrowings stood at ¥2.2 billion at the end of the fiscal year ended March 2021. While it is necessary to reduce borrowings, we have maintained a somewhat higher level of borrowings in preparation for funding needs arising from the impact of COVID-19. Accordingly, future interest rate increases could affect our performance.」
Borrowings were specified at ¥2.2 billion, indicating exposure to higher interest rates because a relatively high level of borrowing is being maintained to prepare for funding needs arising from the pandemic. - FY2016First statedAnnual report
「Future interest rate increases could affect our performance.」
The impact of higher interest rates on performance has been disclosed succinctly.