Interest-bearing debt and fluctuations in market interest rates
First written in FY2016. 16 of 27 entries say "Mitigated", first in FY2017. Latest entry: 2026-08-07.
Yamashin-Filter Corp. moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 31 of 97 companies on the "Worse" side.
43 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「短期借入金が20億円増加（前連結会計年度末日は16億円）したことによるものです。」
短期借入金が前期末の16億円から36億円へ増加し、有利子負債エクスポージャーが拡大した。 - FY2026WorsenedAnnual report
「The main factor was a ¥1.6 billion increase in short-term borrowings, partly offset by a ¥319 million decrease in current portion of long-term borrowings.」
Short-term borrowings increased from zero at the end of the previous fiscal year to ¥1.6 billion, and interest-bearing debt exposure subject to market interest rate movements expanded again. - 2026-05-15WorsenedEarnings
「短期借入金が16億円増加した一方で、1年内返済予定の長期借入金が３億19百万円減少したことによるものであります。」
短期借入金が前期末のゼロから16億円増加し、有利子負債へのエクスポージャーが拡大している。 - FY2026-H1WorsenedAnnual report
「The main factor was a ¥900 million increase in short-term borrowings, partly offset by a ¥201 million decrease in current portion of long-term borrowings, down 63.1% from the end of the previous consolidated fiscal year.」
Short-term borrowings increased by ¥900 million from zero at the end of the previous fiscal year, expanding again the interest-bearing debt exposure subject to market interest rate movements. - FY2025MitigatedAnnual report
「The main factors were a ¥225 million decrease in short-term borrowings, down 100.0% from the end of the previous consolidated fiscal year, an ¥83 million decrease in current portion of long-term borrowings, down 20.8%, and a ¥319 million decrease in long-term borrowings, down 100.0%.」
Short-term and long-term borrowings declined, reducing interest-bearing debt and exposure to market interest rates at the end of the current consolidated fiscal year. - FY2025-H1MitigatedAnnual report
「The main components included ¥201 million in repayments of long-term borrowings, ¥225 million in repayments of short-term borrowings, and ¥211 million in dividend payments.」
The company repaid ¥201 million in long-term borrowings and ¥225 million in short-term borrowings. Short-term borrowings, which stood at ¥225 million at the end of the previous fiscal year, fell to zero at the end of the current interim period. Exposure to interest-bearing debt and interest rate movements declined. - FY2024MitigatedAnnual report
「The main factors were a ¥55 million decrease in short-term borrowings, down 19.6% from the end of the previous consolidated fiscal year, and a ¥403 million decrease in long-term borrowings, down 55.8%.」
Both short-term and long-term borrowings declined, reducing interest-bearing debt and exposure to market interest rate movements from the end of the previous fiscal year. - FY2024-Q1WorsenedAnnual report
「Short-term borrowings increased by ¥320 million (up 114.3% from the end of the previous consolidated fiscal year)」
Short-term borrowings increased from ¥280 million at the end of the previous fiscal year to ¥600 million, again expanding interest-bearing debt exposure subject to market interest-rate fluctuations. - FY2023MitigatedAnnual report
「Cash used in financing activities was ¥718 million, compared with ¥1.553 billion used in the same period of the previous year. The main components were ¥428 million in dividend payments and ¥403 million in repayment of long-term borrowings, among other items.」
The Group repaid ¥403 million in long-term borrowings, reducing them from ¥1.126 billion at the end of the previous fiscal year to ¥722 million. Meanwhile, ¥280 million in short-term borrowings was recorded, leaving exposure to market interest rates. - FY2023-Q2WorsenedAnnual report
「The main factors were a ¥1.2 billion increase in short-term borrowings, partly offset by decreases of ¥650 million in notes and accounts payable—trade, down 29.4% from the end of the previous consolidated fiscal year, ¥112 million in income taxes payable, down 54.1%, ¥128 million in asset retirement obligations, down 100.0% from the end of the previous fiscal year, and ¥536 million in other liabilities, down 56.2% from the end of the previous consolidated fiscal year.」
Short-term borrowings, which were zero at the end of the previous fiscal year, increased by ¥1.2 billion, again expanding interest-bearing debt exposure subject to market interest-rate fluctuations. - FY2022MitigatedAnnual report
「The main components were ¥600 million in repayment of short-term borrowings, ¥428 million in dividend payments, and ¥403 million in repayment of long-term borrowings, among other items.」
Repayment of ¥600 million in short-term borrowings and ¥403 million in long-term borrowings reduced exposure to interest-bearing debt and market interest rates. - FY2022-Q3MitigatedAnnual report
「The main factor was a ¥600 million decrease in short-term borrowings, down 100.0% from the end of the previous consolidated fiscal year, while notes and accounts payable—trade increased by ¥1.050 billion, up 53.8%.」
Short-term borrowings of ¥600 million fell to zero and long-term borrowings also decreased by ¥302 million. Exposure to interest-bearing debt and market interest rates decreased from the end of the previous fiscal year. - FY2022-Q2MitigatedAnnual report
「The main factor was a ¥600 million decrease in short-term borrowings, down 100.0% from the end of the previous consolidated fiscal year, while notes and accounts payable—trade increased by ¥983 million, up 50.3%.」
Short-term borrowings of ¥600 million fell to zero and long-term borrowings also decreased by ¥201 million, reducing exposure to interest-bearing debt and market interest rates. - FY2022-Q1MitigatedAnnual report
「Short-term borrowings decreased by ¥600 million (down 100.0% from the end of the previous consolidated fiscal year) while notes and accounts payable—trade increased by ¥983 million (up 50.3% from the end of the previous consolidated fiscal year ).」
Short-term borrowings of ¥600 million fell to zero and long-term borrowings also decreased by ¥100 million, reducing exposure to interest-bearing debt and market interest rates from the end of the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「The main factors were increases of ¥1.332 billion in notes and accounts payable—trade, up 112.2% from the end of the previous consolidated fiscal year, and ¥884 million in other accounts payable, up 248.1%, partly offset by a ¥520 million decrease in short-term borrowings, down 100.0%.」
While short-term borrowings fell to zero, long-term borrowings increased by ¥800 million, resulting in the recognition of new interest-bearing debt, including amounts due for repayment within one year, and renewed exposure to market interest rates. - FY2021-Q2MitigatedAnnual report
「The main components were ¥520 million in repayment of short-term borrowings, ¥207 million in dividend payments, and ¥100 million in expenditure for redemption of bonds, among other items.」
Repayment of ¥520 million in short-term borrowings and redemption of ¥100 million in bonds further reduced exposure to interest-bearing debt and market interest rates. - FY2021-Q1MitigatedAnnual report
「Short-term borrowings decreased by ¥520 million (down 100.0% from the end of the previous consolidated fiscal year)」
Short-term borrowings of ¥520 million outstanding at the end of the previous fiscal year fell to zero at the end of the first quarter, reducing short-term interest-bearing debt exposure. - FY2020Short-term borrowings aroseAnnual report
「This was due, among other factors, to a net increase of ¥520 million in short-term borrowings.」
Short-term borrowings of ¥520 million, which had not been reported through the previous fiscal year, were incurred. Including ¥200 million in bonds due for redemption within one year, short-term interest-bearing debt totalled ¥720 million at the end of the period. - FY2020-Q3RestatedAnnual report
「This was due to a ¥100 million decrease in bonds, down 50.0% from the end of the previous consolidated fiscal year.」
The decrease in bonds has continued to keep exposure to interest-bearing debt and market interest rates at a reduced level. - FY2020-Q2MitigatedAnnual report
「This was due to a ¥100 million decrease in bonds, down 50.0% from the end of the previous consolidated fiscal year.」
The redemption of bonds further reduced interest-bearing debt and exposure to market interest-rate fluctuations. - FY2019MitigatedAnnual report
「As of 31 March 2019, the end of the consolidated fiscal year, interest-bearing debt was ¥750 million, including lease obligations, and interest-bearing debt as a percentage of total assets was 3.6%.」
Interest-bearing debt decreased from ¥1.250 billion at the end of the previous fiscal year to ¥750 million, while the ratio decreased from 12.3% to 3.6%. Long-term borrowings fell to zero, further reducing exposure to market interest rates. - FY2019-Q2MitigatedAnnual report
「The main components were ¥152 million in dividend payments, ¥150 million in expenditure for repayment of long-term borrowings, and ¥100 million in expenditure for redemption of bonds, among other items.」
During the cumulative second quarter, the Group repaid ¥150 million in long-term borrowings and redeemed ¥100 million in bonds, further reducing interest-bearing debt exposure. - FY2018MitigatedAnnual report
「As of 31 March 2018, the end of the consolidated fiscal year, interest-bearing debt was ¥750 million, including lease obligations, and interest-bearing debt as a percentage of total assets was 3.6%.」
Interest-bearing debt decreased from ¥1.250 billion, or 12.3% of total assets, in the previous fiscal year to ¥750 million, or 3.6%, further reducing exposure to interest-rate fluctuations. - FY2018-Q3RestatedAnnual report
「The main factors were a ¥100 million decrease in bonds, down 16.7% from the end of the previous consolidated fiscal year, and a ¥150 million decrease in long-term borrowings, down 100.0%.」
The fact that long-term borrowings decreased 100.0% from the end of the previous consolidated fiscal year to zero, while bonds also decreased by ¥100 million, has been reconfirmed. - FY2018-Q2MitigatedAnnual report
「The main components were ¥150 million in expenditure for repayment of long-term borrowings, ¥100 million in expenditure for redemption of bonds, and ¥86 million in dividend payments, among other items.」
During the cumulative period, the Group repaid ¥150 million in long-term borrowings and redeemed ¥100 million in bonds. On the balance sheet, long-term borrowings also fell from ¥150 million to zero, further reducing interest-bearing debt exposure. - FY2017MitigatedAnnual report
「As of 31 March 2017, the end of the consolidated fiscal year, interest-bearing debt was ¥1.250 billion, including lease obligations, and interest-bearing debt as a percentage of total assets was 12.3%. Depending on future market interest-rate trends, the Group's results and financial position may be affected.」
Interest-bearing debt decreased from ¥1.751 billion, or 18.4% of total assets, in the previous fiscal year to ¥1.250 billion, or 12.3%, indicating reduced exposure to interest-rate fluctuations. - FY2016First statedAnnual report
「As of 31 March 2016, the end of the consolidated fiscal year, interest-bearing debt was ¥1.751 billion, including lease obligations, and interest-bearing debt as a percentage of total assets was 18.4%. Depending on future market interest-rate trends, the Group's results and financial position may be affected.」
Interest-bearing debt was ¥1.751 billion, with interest-bearing debt representing 18.4% of total assets, and the risk of market interest-rate fluctuations is disclosed.