Financing risk arising from interest-rate fluctuations
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2023: 9 of 38 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「Current liabilities at the end of the second quarter of the current consolidated fiscal period increased by ¥360 million from the end of the previous consolidated fiscal year to ¥6,444 million. The main factors were a ¥340 million decrease in notes and accounts payable, a ¥142 million increase in electronically recorded obligations, a ¥687 million increase in short-term borrowings, and a ¥162 million decrease in accrued expenses included in other liabilities. Non-current liabilities decreased by ¥191 million from the end of the previous consolidated fiscal year to ¥3,673 million. The main factor was a ¥194 million decrease resulting from the repayment of long-term borrowings.」
Continues to describe the concurrent ¥687 million increase in short-term borrowings and ¥194 million repayment of long-term borrowings, reflecting higher short-term liabilities alongside repayment of long-term borrowings. - FY2022RestatedAnnual report
「To address this risk, we are responding to fluctuations in fixed and floating interest rates through interest-rate swap agreements and other measures.」
Continues to describe funding risk arising from interest-rate fluctuations and the response through interest-rate swaps. - FY2019RestatedAnnual report
「Changes in financial market conditions, including significant fluctuations in interest rates, may affect our group's operating results in the future.」
The potential impact of changes in financial market conditions, including interest-rate fluctuations, on operating results continues to be stated. - FY2018First statedAnnual report
「The Group raises funds after considering interest-rate trends, including the future outlook, and works to secure low-cost, stable funding. However, significant interest-rate fluctuations and other changes in financial-market conditions could affect the Group's results in the future.」
While seeking low-cost, stable funding, the Company disclosed the possibility that significant interest-rate movements and other changes in financial-market conditions could affect results.