Risk from borrowings and market interest rate movements
First written in FY2016. 27 of 32 entries say "Worsened", first in FY2018. Latest entry: 2026-11-12.
The whole theme swung hardest in 2025: 34 of 95 companies on the "Worse" side.
- 2026-11-12WorsenedResults
「負債合計は、前期末に比べ1,094百万円増加し、51,953百万円となりました。これは主に借入金が増加したことによるものであります。」
短期借入金及び1年内返済予定の長期借入金が増加し、支払利息も前年同期の179百万円から275百万円へ増加した。 - FY2027-H1WorsenedAnnual report
「Short-term borrowings 15,020,616 17,806,522 Current portion of long-term borrowings 7,545,372 8,160,498 … Long-term borrowings 14,123,027 13,667,199」
Borrowings increased from approximately ¥36.69 billion at the end of the previous consolidated fiscal year to approximately ¥39.63 billion at the end of the interim period. Interest expense also increased from ¥179 million in the same period of the previous year to ¥275 million, increasing both the balance exposed to market interest-rate movements and the interest burden. - 2026-08-10WorsenedResults
「負債合計は、前期末に比べ1,365百万円増加し、52,225百万円となりました。これは主に借入金の増加などによるものであります。」
借入金の増加を主因として負債合計が増加した。 - FY2026WorsenedAnnual report
「As of 31 March 2026, borrowings of the Group amounted to ¥36,689 million, or 37.1% of total assets, and the Group's results may be affected depending on future movements in market interest rates.」
Borrowings amounted to ¥36,689 million, or 37.1% of total assets, with the absolute amount increasing from the previous fiscal year. - 2026-05-14WorsenedResults
「これは主に短期借入金の増加などによるものであります。」
負債増加の主因として短期借入金の増加が記載された。 - FY2026-H1WorsenedAnnual report
「Short-term borrowings 8,455,985 12,221,804 Current portion of long-term borrowings 8,485,282 7,762,880 Long-term borrowings 16,335,798 14,195,189」
Borrowings increased from approximately ¥33.28 billion at the end of the previous consolidated fiscal year to approximately ¥34.18 billion at the end of the interim period. Short-term borrowings increased by approximately ¥3.77 billion, and interest expense also increased from ¥149 million to ¥179 million. - FY2025-H1WorsenedAnnual report
「Short-term borrowings 2,376,990 5,814,363 Current portion of long-term borrowings 11,629,640 9,173,730 Long-term borrowings 19,776,032 19,396,848」
Borrowings increased from approximately ¥33.78 billion at the end of the previous consolidated fiscal year to approximately ¥34.38 billion. Short-term borrowings increased, expanding the absolute amount of borrowings exposed to movements in market interest rates. - FY2024-Q3WorsenedAnnual report
「Short-term borrowings 2,361,569 2,230,538 Current portion of long-term borrowings 9,658,529 11,726,051 Long-term borrowings 18,390,443 19,195,630」
Total borrowings increased from approximately ¥30.4 billion at the end of the previous consolidated fiscal year to approximately ¥33.1 billion at the end of the third quarter, increasing the balance exposed to movements in market interest rates. - FY2024-Q2WorsenedAnnual report
「Short-term borrowings 2,361,569 2,294,417 Current portion of long-term borrowings 9,658,529 11,495,259 Long-term borrowings 18,390,443 20,104,918」
Borrowings increased from approximately ¥30.4 billion at the end of the previous fiscal year to approximately ¥33.9 billion at the end of the second quarter, further increasing the balance exposed to movements in market interest rates. - FY2024-Q1WorsenedAnnual report
「Short-term borrowings 2,361,569 2,259,539 Current portion of long-term borrowings 9,658,529 10,334,942 Long-term borrowings 18,390,443 20,544,803」
Total borrowings increased from approximately ¥30.4 billion at the end of the previous fiscal year to approximately ¥33.1 billion at the end of the first quarter, increasing the balance exposed to movements in market interest rates. - FY2023WorsenedAnnual report
「As of 31 March 2023, borrowings of the Group amounted to ¥30.4 billion, or 36.4% of total assets, and the Group's results may be affected depending on future movements in market interest rates.」
Borrowings increased from ¥27.3 billion in the previous fiscal year to ¥30.4 billion, increasing the absolute amount exposed to movements in market interest rates. The explanation that most borrowings are at fixed rates and the policy of reducing interest-bearing debt remain unchanged. - FY2023-Q3WorsenedAnnual report
「Short-term borrowings 3,199,497 2,762,370 Current portion of long-term borrowings 6,346,612 7,835,855 Long-term borrowings 17,769,476 18,868,513」
Borrowings increased from approximately ¥27.3 billion at the end of the previous fiscal year to approximately ¥29.5 billion at the end of the third quarter, increasing the balance exposed to movements in market interest rates. - FY2023-Q2WorsenedAnnual report
「Short-term borrowings 3,199,497 3,424,061 Current portion of long-term borrowings 6,346,612 7,203,936 Long-term borrowings 17,769,476 19,154,569」
Borrowings increased from approximately ¥27.3 billion at the end of the previous fiscal year to approximately ¥29.8 billion at the end of the second quarter, increasing the balance exposed to movements in market interest rates. - FY2023-Q1WorsenedAnnual report
「Short-term borrowings 3,199,497 2,909,239 Current portion of long-term borrowings 6,346,612 7,650,885 Long-term borrowings 17,769,476 19,490,053」
Total borrowings increased from approximately ¥27.3 billion at the end of the previous fiscal year to approximately ¥30.0 billion at the end of the quarter, increasing the balance exposed to movements in market interest rates. - FY2022WorsenedAnnual report
「As of 31 March 2022, borrowings of the Group amounted to ¥27.3 billion, or 33.6% of total assets, and the Group's results may be affected depending on future movements in market interest rates.」
Borrowings increased from ¥25.4 billion in the previous fiscal year to ¥27.3 billion. Although borrowings as a percentage of total assets declined from 37.2% to 33.6%, the absolute amount exposed to movements in market interest rates increased. - FY2022-Q3WorsenedAnnual report
「Short-term borrowings 2,375,941 2,809,102 Current portion of long-term borrowings 7,976,334 7,027,503 Long-term borrowings 15,146,123 16,296,533」
Borrowings increased from approximately ¥23.5 billion at the end of March 2021 to approximately ¥26.1 billion at the end of December 2021. Both short-term and long-term borrowings increased, expanding the balance exposed to movements in market interest rates. - FY2022-Q2WorsenedAnnual report
「Short-term borrowings 2,994,703 Current portion of long-term borrowings 8,128,687 Long-term borrowings 16,374,800」
Total borrowings increased to approximately ¥27.5 billion from approximately ¥25.5 billion at the end of March 2021. Borrowings exposed to movements in market interest rates have increased. Interest expense for the quarter was ¥60 million. - FY2022-Q1WorsenedAnnual report
「Short-term borrowings 2,353,342 Current portion of long-term borrowings 8,483,971 Long-term borrowings 17,310,042」
Borrowings increased from approximately ¥25.5 billion at the end of March 2021 to approximately ¥28.1 billion at the end of the first quarter. Borrowings exposed to movements in market interest rates have increased. - FY2021Higher borrowings; lower ratio to total assetsAnnual report
「The group's borrowings totaled ¥25.4 billion as of 31 March 2021, equivalent to 37.2% of total assets, and the group's results could be affected by future trends in market interest rates.」
Borrowings increased from ¥23.7 billion to ¥25.4 billion, while borrowings as a percentage of total assets declined from 37.8% to 37.2%. The policy of continuing to use fixed-rate financing and reduce interest-bearing debt remains in place. - FY2021-Q3WorsenedAnnual report
「Short-term borrowings 1,754,186 2,582,420 Current portion of long-term borrowings 7,575,342 8,575,801 Long-term borrowings 14,457,780 12,986,354」
Total borrowings increased from approximately ¥23.79 billion at the end of March 2020 to approximately ¥24.14 billion at the end of the third quarter, expanding the borrowings exposed to market interest rate movements. - FY2021-Q2WorsenedAnnual report
「Short-term borrowings 2,195,504 Current portion of long-term borrowings 7,486,960 Long-term borrowings 14,394,933」
Total borrowings were approximately ¥24.08 billion, up from approximately ¥23.79 billion at the end of March 2020. - FY2021-Q1WorsenedAnnual report
「Short-term borrowings 1,754,186 1,901,452 Current portion of long-term borrowings 7,575,342 7,816,749 Long-term borrowings 14,457,780 15,375,981」
The total of short-term borrowings, the current portion of long-term borrowings and long-term borrowings increased from approximately ¥23.79 billion at the end of the previous consolidated fiscal year to approximately ¥25.09 billion at the end of the first quarter. - FY2020WorsenedAnnual report
「The group's borrowings totaled ¥23.7 billion as of 31 March 2020, equivalent to 37.8% of total assets, and the group's results could be affected by future trends in market interest rates.」
Borrowings increased from ¥19.7 billion in the previous fiscal year to ¥23.7 billion, while the ratio to total assets rose from 33.9% to 37.8%. The company continued to state that most funding was at fixed interest rates and that it was working to reduce interest-bearing debt. - FY2020-Q3MitigatedAnnual report
「Short-term borrowings 2,675,920 2,163,382 Current portion of long-term borrowings 7,804,274 6,800,790 Long-term borrowings 9,310,165 11,627,875」
Total borrowings were approximately ¥20.59 billion, down from approximately ¥20.9 billion at the end of the previous quarter. Borrowings exposed to market interest rate movements decreased from the previous quarter but remained above approximately ¥19.79 billion at the end of the previous consolidated fiscal year. - FY2020-Q2WorsenedAnnual report
「Short-term borrowings 2,270,197 Current portion of long-term borrowings 6,859,951 Long-term borrowings 11,808,491」
Total borrowings were approximately ¥20.9 billion, up from approximately ¥19.8 billion at the end of the previous consolidated fiscal year. Borrowings exposed to market interest rate movements increased. - FY2020-Q1WorsenedAnnual report
「Short-term borrowings 2,675,920 2,231,809 Current portion of long-term borrowings 7,804,274 7,054,581 Long-term borrowings 9,310,165 12,319,288」
Total borrowings increased from approximately ¥19.79 billion at the end of the previous fiscal year to approximately ¥21.61 billion at the end of the current quarter, expanding the borrowings exposed to market interest rate movements. - FY2019MitigatedAnnual report
「The group's borrowings totaled ¥19.7 billion as of 31 March 2019, equivalent to 33.9% of total assets, and the group's results could be affected by future trends in market interest rates. However, most interest-bearing debt consists of long-term borrowings and other items, and most of it was raised at fixed interest rates. The group is also working to reduce interest-bearing debt to strengthen its financial position.」
Borrowings decreased from ¥20.4 billion in the previous fiscal year to ¥19.7 billion, while the ratio to total assets decreased from 34.4% to 33.9%. The company continued to explain its fixed-rate funding and efforts to reduce interest-bearing debt. - FY2019-Q3MitigatedAnnual report
「Short-term borrowings 1,753,978 2,435,076 Current portion of long-term borrowings 4,111,052 5,079,324 Long-term borrowings 14,581,541 13,447,900」
Total borrowings decreased from approximately ¥21.8 billion at the end of the second quarter of the current fiscal year to approximately ¥21.0 billion at the end of the third quarter. Borrowings exposed to market interest rate movements decreased from the previous quarter. - FY2019-Q2WorsenedAnnual report
「Short-term borrowings 1,753,978 2,353,909 Current portion of long-term borrowings 4,111,052 5,395,334 Long-term borrowings 14,581,541 14,086,860」
Short-term borrowings and the current portion of long-term borrowings increased from the end of the previous consolidated fiscal year. Total borrowings increased from approximately ¥20.4 billion at the end of the previous fiscal year to approximately ¥21.8 billion. - FY2019-Q1WorsenedAnnual report
「Short-term borrowings 1,753,978 1,998,528 Current portion of long-term borrowings 4,111,052 5,172,803 Long-term borrowings 14,581,541 14,684,499」
Short-term borrowings and the current portion of long-term borrowings increased from the end of the previous consolidated fiscal year, resulting in an increase in total borrowings. This filing does not state that market interest rates affected profit or loss. - FY2018WorsenedAnnual report
「The group's borrowings totaled ¥20.4 billion as of 31 March 2018, equivalent to 34.4% of total assets, and the group's results could be affected by future trends in market interest rates. However, most interest-bearing debt consists of long-term borrowings and other items, and most of it was raised at fixed interest rates.」
Borrowings totaled ¥20.4 billion, or 34.4% of total assets, up from ¥19.3 billion and 32.0%, respectively, in FY2016. The company continued to state that most funding was at fixed interest rates. - FY2016First statedAnnual report
「The group's borrowings totaled ¥19.3 billion as of 31 March 2016, equivalent to 32.0% of total assets, and the group's results could be affected by future trends in market interest rates. However, most interest-bearing debt consists of long-term borrowings and other items, and most of it was raised at fixed interest rates.」
Borrowings totaled ¥19.3 billion, or 32.0% of total assets, with the potential impact of market interest rate movements and the predominantly fixed-rate funding structure disclosed together.