Interest Rate Fluctuation and Interest-Bearing Debt Risk
First written in FY2016. 22 of 41 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-07-29.
Fdk moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 30 of 96 companies on the "Worse" side.
39 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Interest-bearing debt increased by ¥1,289 million from the previous consolidated fiscal year to ¥15,997 million, owing to higher borrowings resulting from measures under the Act on Optimization of Small and Medium-Sized Entrusted Transactions and payments related to the career-transition support program.」
Interest-bearing debt increased from ¥1,470.8 million in the previous fiscal year to ¥1,599.7 million, expanding the balance exposed to changes in interest rates. - FY2026-H1WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥1,528.8 million, up ¥57.9 million from the previous consolidated fiscal year, mainly due to an increase in borrowings.」
Interest-bearing debt increased by ¥57.9 million from the end of the previous fiscal year, expanding the balance exposed to changes in interest rates. No loss arising from changes in interest rates was reported. - FY2025WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥1,470.8 million, up ¥15.2 million from the previous consolidated fiscal year, mainly due to increases in lease obligations and borrowings.」
Interest-bearing debt increased from ¥1,455.5 million in the previous fiscal year to ¥1,470.8 million, expanding the balance exposed to changes in interest rates. - FY2025-H1WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥1,486.8 million, up ¥31.2 million from the previous consolidated fiscal year, mainly due to an increase in borrowings.」
Interest-bearing debt increased by ¥31.2 million from the end of the previous fiscal year to ¥1,486.8 million, expanding the balance exposed to changes in interest rates. No loss arising from changes in interest rates was reported. - FY2024WorsenedAnnual report
「The consolidated interest-bearing debt of the Group stood at ¥1,455.5 million at the end of the current consolidated fiscal year and included debt exposed to changes in interest rates.」
Interest-bearing debt increased from ¥1,222.3 million at the end of the previous fiscal year to ¥1,455.5 million, expanding the balance exposed to changes in interest rates. No loss arising from changes in interest rates was reported. - FY2024-Q3WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥1,475.2 million, up ¥252.8 million from the previous consolidated fiscal year, mainly due to an increase in borrowings.」
Interest-bearing debt exposed to changes in interest rates increased by ¥252.8 million from the end of the previous fiscal year to ¥1,475.2 million. - FY2024-Q2WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥1,383.6 million, up ¥161.2 million from the previous consolidated fiscal year, mainly due to an increase in borrowings.」
Interest-bearing debt exposed to changes in interest rates increased by ¥161.2 million from the end of the previous fiscal year to ¥1,383.6 million. - FY2024-Q1WorsenedAnnual report
「Interest-bearing debt stood at ¥13,380 million, an increase of ¥1,156 million from the previous consolidated fiscal year, mainly due to higher borrowings.」
Interest-bearing debt exposed to changes in interest rates increased by ¥115.6 million from the end of the previous fiscal year to ¥1,338.0 million. - FY2023MitigatedAnnual report
「Interest-bearing debt stood at ¥12,223 million, down ¥116 million from the previous consolidated fiscal year, mainly due to the repayment of lease obligations.」
Interest-bearing debt decreased from ¥1,234.0 million in the previous fiscal year to ¥1,222.3 million, reducing the balance exposed to changes in interest rates. - FY2023-Q3MitigatedAnnual report
「Interest-bearing debt stood at ¥11,960 million, down ¥379 million from the previous consolidated fiscal year, mainly due to the repayment of borrowings.」
Repayment of borrowings reduced interest-bearing debt to ¥1,196.0 million, reducing the balance exposed to changes in interest rates. - FY2023-Q2MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,176.6 million, down ¥57.3 million from the previous consolidated fiscal year, mainly due to the repayment of borrowings, marking the lowest level since fiscal 2000.」
Repayment of borrowings reduced interest-bearing debt to ¥1,176.6 million, making the balance exposed to changes in interest rates the lowest level since fiscal 2000. - FY2023-Q1MitigatedAnnual report
「Interest-bearing debt stood at ¥11,833 million, down ¥506 million from the previous consolidated fiscal year, mainly due to the repayment of borrowings, the lowest level since fiscal 2000.」
Repayment of borrowings reduced interest-bearing debt exposed to changes in interest rates to ¥1,183.3 million, the lowest level since fiscal 2000. - FY2022MitigatedAnnual report
「Interest-bearing debt stood at ¥12,340 million, down ¥2,779 million from the previous consolidated fiscal year, mainly due to the repayment of borrowings, the lowest level since fiscal 2000.」
Repayment of borrowings reduced interest-bearing debt exposed to changes in interest rates to ¥1,234.0 million, the lowest level since fiscal 2000. - FY2022-Q3MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,235.7 million, down ¥276.2 million from the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥276.2 million from the end of the previous fiscal year, reducing the balance exposed to changes in interest rates. - FY2022-Q2MitigatedAnnual report
「Interest-bearing debt stood at ¥11,984 million, down ¥3,135 million from the previous consolidated fiscal year.」
Interest-bearing debt exposed to changes in interest rates decreased to ¥1,198.4 million, a reduction of ¥313.5 million from the end of the previous fiscal year. - FY2022-Q1MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,228.2 million, down ¥283.7 million from the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥283.7 million from the end of the previous fiscal year, reducing the balance exposed to changes in interest rates. - FY2021MitigatedAnnual report
「Interest-bearing debt stood at ¥15,119 million, down ¥4,063 million from the previous consolidated fiscal year, mainly due to the repayment of short-term borrowings, the lowest level in the past 10 years.」
Interest-bearing debt decreased substantially from ¥1,918.2 million in the previous fiscal year to ¥1,511.9 million, reducing the balance exposed to changes in interest rates. - FY2021-Q3MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,603.7 million, down ¥314.5 million from the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥314.5 million from the end of the previous fiscal year, indicating a reduction in the balance exposed to changes in interest rates. - FY2021-Q2MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,851.7 million, down ¥66.5 million from the previous consolidated fiscal year.」
Interest-bearing debt exposed to changes in interest rates decreased by ¥66.5 million from the end of the previous fiscal year to ¥1,851.7 million. No loss arising from changes in interest rates themselves was reported. - FY2021-Q1WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥1,944.1 million, up ¥25.8 million from the previous consolidated fiscal year, mainly due to an increase in inventories resulting from advance production in response to growing demand for the battery business and capital investment in small all-solid-state batteries compatible with SMD in preparation for the start of mass production in the third quarter of the consolidated fiscal year.」
Interest-bearing debt exposed to changes in interest rates increased by ¥25.8 million from the end of the previous fiscal year to ¥1,944.1 million. - FY2020MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,918.2 million, down ¥3.1 million from the previous consolidated fiscal year.」
Interest-bearing debt exposed to changes in interest rates decreased slightly from ¥1,921.4 million at the end of the previous fiscal year to ¥1,918.2 million. - FY2020-Q3MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,890.4 million, down ¥30.9 million from the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥30.9 million from the end of the previous fiscal year, indicating a reduction in the balance exposed to changes in interest rates. - FY2020-Q2WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥1,970.11 million, up ¥49.6 million from the previous consolidated fiscal year.」
Interest-bearing debt increased by ¥49.6 million from the end of the previous fiscal year, expanding the balance exposed to changes in interest rates. - FY2020-Q1WorsenedAnnual report
「In addition, interest-bearing debt stood at ¥2,062.3 million, up ¥140.9 million from the previous consolidated fiscal year.」
Interest-bearing debt exposed to changes in interest rates increased by ¥140.9 million from the end of the previous fiscal year to ¥2,062.3 million. No loss arising from changes in interest rates themselves was reported. - FY2019MitigatedAnnual report
「The consolidated interest-bearing debt of the Group stood at ¥1,921.4 million at the end of the current consolidated fiscal year and included debt exposed to changes in interest rates.」
Interest-bearing debt exposed to changes in interest rates decreased from ¥2,047.7 million at the end of the previous fiscal year to ¥1,921.4 million. - FY2019-Q3MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,928.8 million, down ¥118.8 million from the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥118.8 million from the end of the previous fiscal year, indicating a reduction in the balance exposed to changes in interest rates. - FY2019-Q2MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥2,030.2 million, down ¥17.4 million from the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥17.4 million from the end of the previous fiscal year, indicating a reduction in the balance exposed to changes in interest rates. - FY2019-Q1MitigatedAnnual report
「In addition, interest-bearing debt stood at ¥1,984.1 million, down ¥63.5 million from the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥63.5 million from the end of the previous fiscal year, indicating a reduction in the balance exposed to changes in interest rates. - FY2018WorsenedAnnual report
「The Group's consolidated interest-bearing debt balance at the end of the consolidated fiscal year was ¥20,477 million and included debt subject to the impact of interest-rate movements.」
The interest-bearing debt balance increased from ¥18,294 million in the previous fiscal year to ¥20,477 million, expanding the balance exposed to interest-rate movements. - FY2018-Q3WorsenedAnnual report
「Interest-bearing debt stood at ¥20,799 million, an increase of ¥2,504 million from the previous consolidated fiscal year.」
The interest-bearing debt balance increased by ¥2,504 million from the end of the previous fiscal year to ¥20,799 million, expanding the balance subject to the impact of interest-rate movements. - FY2018-Q2WorsenedAnnual report
「Interest-bearing debt stood at ¥19,334 million, an increase of ¥1,039 million from the previous consolidated fiscal year.」
The interest-bearing debt balance subject to the impact of interest-rate movements increased to ¥19,334 million, up ¥1,039 million from the end of the previous fiscal year. - FY2018-Q1WorsenedAnnual report
「The interest-bearing debt balance increased by ¥1,481 million from the previous consolidated fiscal year to ¥19,776 million.」
The interest-bearing debt balance increased by ¥1,481 million from the end of the previous consolidated fiscal year, expanding the balance exposed to interest-rate movements. - FY2017WorsenedAnnual report
「The Group's consolidated interest-bearing debt balance at the end of the consolidated fiscal year was ¥18,294 million and included debt subject to the impact of interest-rate movements.」
The interest-bearing debt balance was ¥18,294 million, an increase of ¥957 million from the end of the previous consolidated fiscal year, expanding the balance exposed to interest-rate movements. - FY2017-Q3WorsenedAnnual report
「The interest-bearing debt balance increased by ¥1,752 million from the previous consolidated fiscal year to ¥19,090 million.」
The interest-bearing debt balance increased by ¥1,752 million from the end of the previous consolidated fiscal year, expanding the balance exposed to interest-rate movements. - FY2017-Q2MitigatedAnnual report
「The interest-bearing debt balance decreased by ¥97 million from the previous consolidated fiscal year to ¥17,240 million.」
The interest-bearing debt balance decreased by ¥97 million from the end of the previous consolidated fiscal year, and the balance exposed to interest-rate movements has also decreased from the point in time covered by the previous quarterly report. - FY2017-Q1WorsenedAnnual report
「The interest-bearing debt balance increased by ¥410 million from the previous consolidated fiscal year to ¥17,748 million.」
Although no statement indicates that the impact of interest-rate movements has actually occurred, the interest-bearing debt balance increased by ¥410 million from the end of the previous fiscal year, expanding the balance exposed to interest-rate movements. - FY2016First statedAnnual report
「The Group's consolidated interest-bearing debt balance at the end of the consolidated fiscal year was ¥17,337 million and included debt subject to the impact of interest-rate movements. Accordingly, interest-rate movements could adversely affect the Group's operating results and financial position.」
The interest-bearing debt balance is disclosed, and the impact of interest-rate movements on operating results and financial position is identified as a risk.