Interest-Rate Risk on Borrowings
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
80 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company obtains some financing at fixed interest rates to mitigate the risk of fluctuations in interest payments on borrowings.」
The Company continues its policy of mitigating interest rate fluctuation risk on borrowings through some fixed-rate financing. - FY2019RestatedAnnual report
「Long-term borrowings are used to finance working capital and capital investment, with repayment dates no later than approximately 5 years after the fiscal year-end. These borrowings are obtained at both variable and fixed interest rates and are exposed to the risk of fluctuations in interest rates over time.」
The Company continues to disclose interest rate fluctuation risk on borrowings for working capital and capital investment, as well as mitigation measures involving fixed-rate financing. - FY2018First statedAnnual report
「Long-term borrowings are used to finance working capital and capital investment, with repayment dates no later than approximately 3 years after the fiscal year-end. These borrowings are obtained at both variable and fixed interest rates and are exposed to the risk of fluctuations in interest rates over time.」
For borrowings used for working capital and capital investment, the Company has newly disclosed interest rate fluctuation risk on variable-rate borrowings as a separate financial risk. It has also disclosed mitigation measures involving fixed-rate borrowings and interest rate swaps.