Market interest rate fluctuation risk
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 12 of 58 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2020MitigatedAnnual report
「Most interest-bearing debt consists of borrowings obtained at fixed rates. In principle, variable-rate borrowings are effectively treated as equivalent to fixed-rate borrowings through interest-rate swap contracts. Accordingly, current interest-rate risk is not significant to our group.」
The group explained that current interest-rate risk is not significant because it uses fixed-rate borrowings and interest-rate swaps. - FY2019RestatedAnnual report
「Depending on future movements in market interest rates, the group's performance and financial condition could still be adversely affected.」
The group continues to disclose the possibility that market interest-rate fluctuations may affect performance and financial condition. - FY2017RestatedAnnual report
「Depending on future movements in market interest rates, the group's performance and financial condition could still be adversely affected.」
The group continues to disclose the possibility that market interest-rate movements may affect performance and financial condition. - FY2016First statedAnnual report
「Depending on future movements in market interest rates, the group's performance and financial condition could still be adversely affected.」
The group disclosed interest-rate fluctuations related to interest-bearing debt, including borrowings, as a potential risk.