Interest-Rate Risk on Borrowings
First written in FY2021. 8 of 10 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「All borrowings were fully repaid during the consolidated fiscal year.」
All borrowings have been fully repaid, further reducing interest-rate fluctuation risk and borrowing exposure. - FY2025-H1MitigatedAnnual report
「This was mainly due to ¥28 million in repayments of long-term borrowings and ¥78 million in dividend payments.」
During the interim consolidated accounting period, the company repaid ¥28 million of long-term borrowings, reducing the balance of long-term borrowings due within 1 year from ¥35,028 thousand to ¥6,410 thousand. Exposure to interest-rate fluctuation risk has declined further. - FY2024MitigatedAnnual report
「The Group's interest-bearing debt ratio, including lease obligations, was a low 4.1% at the end of the consolidated fiscal year because repayments of borrowings progressed steadily. Considering other indicators of financial soundness, such as the current ratio and equity ratio, we believe that there are no particular issues with the Group's financial stability.」
Repayments of long-term borrowings reduced the balance from ¥159.990 million in the previous fiscal year to ¥35.028 million, and the interest-bearing debt ratio fell to 4.1%. - FY2024-Q2MitigatedAnnual report
「Non-current liabilities decreased by ¥18 million from the end of the previous consolidated fiscal year to ¥91 million, down 16.8% from the end of the previous consolidated fiscal year. This was mainly due to a decrease in long-term borrowings resulting from repayments.」
Long-term borrowings declined from ¥35,028 thousand to ¥6,410 thousand as a result of repayments, further reducing exposure to interest-rate fluctuation risk. - FY2024-Q1MitigatedAnnual report
「Non-current liabilities decreased by ¥14 million from the end of the previous consolidated fiscal year to ¥94 million, down 13.5% from the end of the previous consolidated fiscal year. This was mainly due to a decrease in long-term borrowings resulting from repayments.」
Non-current liabilities declined as a result of repayments of long-term borrowings, further reducing exposure to interest-rate fluctuation risk. - FY2023MitigatedAnnual report
「Non-current liabilities decreased by ¥124 million from the end of the previous consolidated fiscal year to ¥109 million, down 53.2% from the end of the previous consolidated fiscal year. This was mainly due to a ¥124 million decrease in long-term borrowings resulting from repayments.」
Long-term borrowings declined from ¥159.990 million to ¥35.028 million, reducing exposure to interest-rate fluctuation risk. - FY2023-Q3MitigatedAnnual report
「Non-current liabilities decreased by ¥91 million from the end of the previous consolidated fiscal year to ¥142 million, down 39.1% from the end of the previous consolidated fiscal year. This was mainly due to a decrease in long-term borrowings resulting from repayments.」
The balance of long-term borrowings declined from ¥159.990 million to ¥63.681 million, further reducing exposure to interest-rate fluctuation risk. - FY2023-Q2MitigatedAnnual report
「This was mainly due to ¥64 million in repayments of long-term borrowings and ¥55 million in dividend payments.」
Long-term borrowings were reduced by ¥64 million, and the balance of long-term borrowings under non-current liabilities also declined from ¥159.990 million to ¥95.784 million. This indicates progress in reducing interest expense exposure through debt reduction. - FY2022RestatedAnnual report
「To reduce the interest-rate risk on variable-rate borrowings, we have worked to reduce interest-bearing debt and improve borrowing terms.」
The company continues to reduce interest-bearing debt and improve borrowing terms in response to higher costs resulting from variable interest rates. - FY2021First statedAnnual report
「If circumstances arise, such as a significant change in interest-rate conditions, interest expense could increase and affect the Group's operating results and financial position.」
The company uses reducing interest-bearing debt and improving borrowing terms as countermeasures.