Risk of Deterioration in Business Performance Due to Interest-Bearing Debt and Rising Interest Rates
First written in FY2017. 2 of 26 entries say "Mitigated", first in 2026-09-11. Latest entry: FY2026.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Update to exposure to borrowings for capital expendituresAnnual report
「The company borrowed a total of ¥5.0 billion from domestic financial institutions and its parent company, NIPPON PARKING DEVELOPMENT Co.,Ltd., pursuant to a written resolution in lieu of a resolution of the Board of Directors dated 11 September 2026.」
The company drew down fixed-rate borrowings of ¥2.5 billion from domestic financial institutions and ¥2.5 billion from its parent company to fund medium- to long-term capital expenditures in the Hakuba area. Its exposure to interest-bearing debt increased. - FY2026-H1Update to borrowings for capital expendituresAnnual report
「The main sources of funds were ¥1,000 million in long-term borrowings and ¥250 million in short-term borrowings.」
The Group drew ¥1,000 million in long-term borrowings and ¥250 million in short-term borrowings for capital expenditures and working capital, updating its exposure to interest-bearing debt. - FY2025-H1Update to borrowings for capital expendituresAnnual report
「The main sources of funds were ¥50 million in long-term borrowings and ¥510 million in short-term borrowings.」
In connection with capital expenditures and working capital, the Group drew ¥50 million in long-term borrowings and ¥510 million in short-term borrowings, updating its exposure to interest-bearing debt. No materialization of the risk of rising interest rates was reported. - FY2024Update to borrowings for capital expendituresAnnual report
「Cash and cash equivalents at the end of the consolidated fiscal year under review were ¥3,141.302 million, up 80.2% year on year.」
The period-end balance of long-term borrowings and other debt was ¥2,789.982 million, with average interest rates of 2.22% for long-term borrowings and 4.83% for amounts due for repayment within 1 year. The Group's exposure to interest-bearing debt was updated. - FY2024-Q3Update to borrowings for capital expendituresAnnual report
「The main factors were a ¥2,329.262 million increase in long-term borrowings and long-term borrowings due for repayment within 1 year for capital expenditures, and a ¥108.344 million increase due to accrued corporate taxes and other taxes.」
The increase in long-term borrowings and long-term borrowings due for repayment within 1 year associated with capital expenditures was updated to ¥2,329.262 million. No materialization of the risk of rising interest rates was reported. - FY2024-Q2Update to borrowings for capital expendituresAnnual report
「The main sources of funds were ¥2,750 million in long-term borrowings and ¥150 million in short-term borrowings.」
The Group drew ¥2,750 million in long-term borrowings and ¥150 million in short-term borrowings for capital expenditures and working capital. Exposure to interest-bearing debt increased, but no materialization of the risk of rising interest rates was reported. - FY2024-Q1Update to borrowings for capital expendituresAnnual report
「The main factor was a ¥2,179.560 million increase due to new long-term borrowings.」
New long-term borrowings increased the Group's exposure to interest-bearing debt by ¥2,179.560 million. No actual materialization of risks such as rising interest rates was reported. - FY2023Update to exposure to borrowings for capital expendituresAnnual report
「Borrowing amount ¥1.5 billion ¥500 million (3) Borrowing rate 0.96% (fixed) 0.99% (fixed)」
After the end of the period, the Group borrowed a total of ¥2 billion at fixed interest rates for the renewal of aerial lift facilities and investment to enhance snowmaking capacity. The details of the Group's exposure to interest-bearing debt and additional borrowings were updated. - FY2023-Q3Update to the balance of short-term borrowingsAnnual report
「The main factors were a ¥132 million increase in income taxes payable, a ¥100 million increase in short-term borrowings and an ¥84 million increase in consumption taxes payable.」
Short-term borrowings increased by ¥100 million in relation to the Group's exposure to interest-bearing debt. No actual materialization of risks such as rising interest rates was reported. - FY2023-Q1Update to the balance of short-term borrowingsAnnual report
「The main factor was a ¥100 million increase due to new short-term borrowings」
Short-term borrowings increased by ¥100 million due to new borrowings, updating the Group's exposure to interest-bearing debt. No actual materialization of risks such as rising interest rates was reported. - FY2022Update to the balance and composition of interest-bearing debtAnnual report
「Long-term borrowings (excluding amounts due for repayment within 1 year) 1,230,000 300,000」
The composition of interest-bearing debt was updated. Long-term borrowings decreased from ¥1,230 million to ¥300 million, and ¥935 million of long-term borrowings due for repayment within 1 year was recognized. No materialization of the risk of rising interest rates was reported. - FY2022-Q3Update to the balance of short-term borrowingsAnnual report
「This was due to a ¥70 million increase in short-term borrowings.」
Short-term borrowings amounted to ¥70 million at the end of the third quarter under review, updating the Group's exposure to interest-bearing debt. No actual materialization of risks such as rising interest rates was reported. - FY2022-Q2Update to the balance of short-term borrowingsAnnual report
「The main factor was a ¥70 million increase in short-term borrowings to secure working capital」
Short-term borrowings increased by ¥70 million to secure working capital, updating the Group's exposure to interest-bearing debt. No actual materialization of the risk was reported. - FY2021Update to interest-bearing debt balanceAnnual report
「The balance of interest-bearing debt was ¥2,435.676 million.」
The balance of interest-bearing debt decreased to ¥1,484.579 million at the end of the fiscal year under review. Short-term borrowings were zero, and long-term borrowings were ¥1,230 million. - FY2021-Q3Update to the balance of short-term borrowingsAnnual report
「The main factor was a ¥980 million decrease in short-term borrowings」
The balance of short-term borrowings decreased from ¥1,000 million at the end of the previous fiscal year to ¥20 million, updating the balance of the Group's exposure to interest-bearing debt. - FY2021-Q1Update to the balance of short-term borrowingsAnnual report
「The main factors included a ¥950 million decrease in short-term borrowings due to repayments and a ¥235.372 million increase in accounts payable included in other current liabilities.」
Regarding exposure to interest-bearing debt, short-term borrowings decreased by ¥950 million through repayments, resulting in a balance of ¥50 million at the end of the first quarter under review. - FY2020Update to interest-bearing debt balanceAnnual report
「The balance of interest-bearing debt was ¥2,435.676 million.」
The balance of interest-bearing debt, including short-term borrowings, long-term borrowings and lease obligations, was updated to ¥2,435.676 million. - FY2020-Q3Update to the balance of short-term borrowingsAnnual report
「The main factors were increases of ¥1,030 million in short-term borrowings, ¥220.680 million in accrued corporate taxes and other taxes, and ¥148.630 million in accrued consumption taxes and other taxes.」
Short-term borrowings increased by ¥1,030 million, updating the Group's exposure to interest-bearing debt and additional borrowings. - FY2020-Q2Update to the balance of short-term borrowingsAnnual report
「Short-term borrowings for capital expenditures and working capital increased by ¥530 million」
Short-term borrowings increased by ¥530 million for capital expenditures and working capital, updating the Group's exposure to interest-bearing debt and additional borrowings. - FY2020-Q1Update to the balance of short-term borrowingsAnnual report
「The main factor was a ¥300 million increase in short-term borrowings raised from financial institutions for working capital, among other factors.」
Short-term borrowings increased by ¥300 million, updating the Group's exposure to interest-bearing debt and additional borrowings. - FY2019Update to interest-bearing debt balanceAnnual report
「As of 31 July 2019, the balance of the Group's interest-bearing debt was ¥120 million. The Group may also incur additional borrowings for future corporate acquisitions.」
The balance of interest-bearing debt was updated to ¥120 million, and the possibility of additional borrowings for future acquisitions and the risk of rising interest rates were reconfirmed. - FY2019-Q1Update to the balance of short-term borrowingsAnnual report
「Short-term borrowings amounted to ¥180 million」
The balance of short-term borrowings at the end of the first quarter was disclosed as ¥180 million. There was no material change in the risks relating to interest-bearing debt, additional borrowings or rising interest rates. - FY2018Update to interest-bearing debt balanceAnnual report
「As of 31 July 2018, the balance of the Group's interest-bearing debt was ¥180 million. The Group may also incur additional borrowings for future corporate acquisitions.」
The balance of interest-bearing debt was updated to ¥180 million, and the possibility of additional borrowings for future acquisitions and the risk of rising interest rates were disclosed again. - FY2017First statedAnnual report
「As of 31 July 2017, the balance of the Group's interest-bearing debt was ¥240 million. The Group may also incur additional borrowings for future corporate acquisitions.」
Based on interest-bearing debt of ¥240 million and the possibility of borrowing additional funds for future acquisitions, the risk of rising interest rates was explicitly disclosed for the first time.