Funding Risk from Reliance on Interest-Bearing Debt and Interest Rate Fluctuations
First written in FY2025. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「As of 31 March 2026, the Group’s reliance on interest-bearing debt from external sources was high at 32.5% of total liabilities and net assets. If changes in financial conditions, such as sharp interest rate movements, prevent the Group from raising funds as planned, this could affect plans to open new childcare and nursing and welfare facilities and the Group’s financial position and results of operations.」
Interest-bearing debt reliance declined from 35.9% in the previous fiscal year to 32.5%, but the funding risk associated with high reliance continues. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The funding risk associated with reliance on interest-bearing debt and interest rate movements is unchanged in all material respects. - FY2025First statedAnnual report
「As of 31 March 2025, the Group’s reliance on interest-bearing debt from external sources was high at 35.9% of total liabilities and net assets. If changes in financial conditions, such as sharp interest rate movements, prevent the Group from raising funds as planned, this could affect plans to open new childcare and nursing and welfare facilities and the Group’s financial position and results of operations.」
The Company reports interest-bearing debt reliance of 35.9% and describes the risk that sharp interest rate movements or difficulty raising funds could affect facility-opening plans.