Interest Rate Risk Related to Borrowings
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
80 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Of the borrowings, short-term borrowings are used mainly to finance operating transactions, while long-term borrowings are used mainly to finance capital expenditures. The Company uses fixed-rate borrowing to avoid the risk of fluctuations in interest rates.」
The Company continues its policy of using fixed-rate borrowing to avoid the risk of interest rate fluctuations on long-term borrowings for capital expenditures and other purposes. - FY2021RestatedAnnual report
「Long-term borrowings are used mainly to finance capital expenditures, and the Company uses fixed-rate borrowing to avoid the risk of fluctuations in interest rates.」
The Company continues its policy of using fixed-rate borrowing to avoid the risk of interest rate fluctuations on long-term borrowings for capital expenditures and other purposes. - FY2019MitigatedAnnual report
「Long-term borrowings are used mainly to finance capital expenditures, and the Company uses fixed-rate borrowing to avoid the risk of fluctuations in interest rates.」
The Company explicitly addresses the risk of interest rate fluctuations on borrowings by using fixed-rate borrowing. - FY2016First statedAnnual report
「The Group's borrowings may affect its results depending on future trends in market interest rates.」
The Company identifies the impact of market interest rate trends on borrowings as a risk to results.