Liquidity Risk Related to Interest Rate Fluctuations and Funding for Borrowings
First written in FY2018. 10 of 28 entries say "Restated". Latest entry: 2026-10-13.
Micron Machinery moved to the "Worse" side of this theme in 2025, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 4 of 26 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2026-H1WorsenedAnnual report
「Short-term borrowings 329,300 526,300」
Short-term borrowings increased from ¥329.3 million at the end of the previous consolidated fiscal year to ¥526.3 million, increasing exposure to the interest rate fluctuation and funding liquidity risks. - FY2025WorsenedAnnual report
「Short-term borrowings 306,100 329,300」
Short-term borrowings increased from ¥306.1 million at the end of the previous fiscal year to ¥329.3 million, increasing exposure to the interest rate fluctuation and funding liquidity risks. However, the company states that all are due for payment within 1 year. - FY2025-H1WorsenedAnnual report
「Short-term borrowings 306,100 519,800」
Short-term borrowings increased from ¥306.1 million at the end of the previous consolidated fiscal year to ¥519.8 million, increasing exposure to the interest rate fluctuation and funding liquidity risks. - FY2024MitigatedAnnual report
「Short-term borrowings 409,400 306,100」
Short-term borrowings decreased from ¥409.4 million at the end of the previous fiscal year to ¥306.1 million, reducing exposure to the interest rate fluctuation and funding liquidity risks, although borrowings remain outstanding. - FY2024-Q3MitigatedAnnual report
「This was mainly because contract liabilities increased by ¥132 million, income taxes payable and other taxes increased by ¥113 million, and accounts payable increased by ¥78 million, while short-term borrowings decreased by ¥409 million.」
Short-term borrowings decreased from ¥409 million at the end of the previous consolidated fiscal year to zero, reducing exposure to the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2024-Q2WorsenedAnnual report
「Short-term borrowings 409,400 535,900」
Short-term borrowings increased from ¥409.4 million at the end of the previous consolidated fiscal year to ¥535.9 million, increasing exposure to interest rate fluctuation and liquidity risks. - FY2024-Q1MitigatedAnnual report
「Short-term borrowings 409,400 -」
Short-term borrowings decreased from ¥409.4 million at the end of the previous consolidated fiscal year to zero, reducing exposure to the interest rate fluctuation and liquidity risks associated with borrowings. - FY2023MitigatedAnnual report
「Short-term borrowings - 409,400 As all borrowings are due for payment within 1 year, the company considers the interest rate fluctuation risk to be low.」
Short-term borrowings decreased from ¥939.2 million at the end of the third quarter to ¥409.4 million, and the company states that all are due for payment within 1 year. Exposure to interest rate and liquidity risks has decreased, but borrowings remain outstanding. - FY2023-Q3WorsenedAnnual report
「Short-term borrowings - 939,200」
Short-term borrowings, which were zero at the end of the previous consolidated fiscal year, amounted to ¥939.2 million, up from ¥597.5 million at the time of the previous quarterly report. Exposure to the interest rate fluctuation and liquidity risks associated with borrowings has increased. - FY2023-Q2WorsenedAnnual report
「Short-term borrowings - 597,500」
Short-term borrowings, which were zero at the end of the previous consolidated fiscal year, amounted to ¥597.5 million, up from ¥379 million at the time of the previous quarterly report. Exposure to the interest rate fluctuation and liquidity risks associated with borrowings has increased. - FY2023-Q1WorsenedAnnual report
「Short-term borrowings - 379,000」
Short-term borrowings, which were zero at the end of the previous consolidated fiscal year, amounted to ¥379 million, reintroducing exposure to interest rate fluctuation and liquidity risks. - FY2022MitigatedAnnual report
「[Details of borrowings and other debt] There are no applicable items.」
Short-term borrowings had increased to ¥150.2 million in the third quarter, but no applicable items are listed in the full-year details of borrowings and other debt, indicating reduced exposure associated with borrowings. - FY2022-Q3WorsenedAnnual report
「Short-term borrowings - 150,200」
Short-term borrowings, which were zero at the end of the previous consolidated fiscal year, amounted to ¥150.2 million, up from ¥89.3 million at the end of the second quarter. Exposure to the interest rate fluctuation and liquidity risks associated with borrowings has increased. - FY2022-Q2WorsenedAnnual report
「Short-term borrowings - 89,300」
Short-term borrowings, which were zero at the end of the previous consolidated fiscal year, amounted to ¥89.3 million, reintroducing exposure to the interest rate fluctuation and liquidity risks associated with borrowings. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2021MitigatedAnnual report
「As all borrowings are due for payment within 1 year, the company considers the interest rate fluctuation risk to be low.」
Short-term borrowings decreased from ¥379 million at the end of the previous fiscal year to zero at the end of the current fiscal year, reducing the interest rate and liquidity exposure associated with borrowings. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2021-Q2RestatedAnnual report
「During the six-month period ended 30 September, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2020RestatedAnnual report
「Borrowings are used to fund working capital and are exposed to interest rate fluctuation risk and liquidity risk associated with funding.」
The company continues to disclose the interest rate fluctuation and liquidity risks associated with borrowings. - FY2020-Q2RestatedAnnual report
「During the six-month period ended 30 September, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2019-Q2RestatedAnnual report
「During the six-month period ended 30 September, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to state that there have been no material changes in the interest rate fluctuation and funding liquidity risks associated with borrowings. - FY2018First statedAnnual report
「Borrowings are used to fund working capital and are exposed to interest rate fluctuation risk and liquidity risk associated with funding.」
The company has disclosed for the first time the interest rate fluctuation risk associated with working capital borrowings and the liquidity risk of being unable to make payments when due.