Interest-rate fluctuation risk from floating-rate borrowings
First written in FY2018. 8 of 15 entries say "Worsened", first in FY2020. Latest entry: 2026-09-15.
The whole theme swung hardest in 2025: 30 of 96 companies on the "Worse" side.
- 2026-09-15WorsenedOccurring Fact
「To limit the cost of financing, including interest expense, this financing includes floating-rate borrowing in part. However, its impact on the fixed-to-floating ratio of total interest-bearing debt is minor.」
Under the agreement, ¥3,000 million of the new borrowing will bear a floating interest rate, increasing the balance of floating-rate borrowings. The company explained that the impact on the fixed-to-floating ratio of total interest-bearing debt would be minor. - FY2026MitigatedAnnual report
「Interest-rate sensitivity analysis」
Floating-rate borrowings decreased from ¥2,001 million to ¥933 million, while the impact on profit after tax of a 100bp increase in interest rates narrowed from a ¥23 million loss to a ¥17 million loss. - FY2026-H1MitigatedAnnual report
「Floating-rate borrowings 2,001 1,350」
The balance of floating-rate borrowings decreased from ¥2,001 million at the end of the previous consolidated fiscal year to ¥1,350 million, reducing borrowings exposed to interest-rate movements. - FY2025-H1MitigatedAnnual report
「Floating-rate borrowings 3,302 2,729」
The balance of floating-rate borrowings decreased from ¥3,302 million at the end of the previous consolidated fiscal year to ¥2,729 million, reducing borrowings exposed to interest-rate movements. - FY2024Increase in floating-rate borrowings and reduced sensitivity impactAnnual report
「The impact of a 10bp increase in interest rates on profit after tax in the consolidated income statement decreased from a ¥9 million loss in the previous consolidated fiscal year to a ¥3 million loss in the current consolidated fiscal year.」
Floating-rate borrowings increased from ¥2,727 million to ¥3,302 million, while the impact on profit after tax of a 10bp increase decreased to a ¥3 million loss. - FY2024-Q3WorsenedAnnual report
「Floating-rate borrowings 2,727 3,628」
The balance of floating-rate borrowings increased from ¥2,727 million at the end of the previous consolidated fiscal year to ¥3,628 million, expanding borrowings exposed to interest-rate movements. quantified is true, materialized is false. - FY2024-Q2MitigatedAnnual report
「Floating-rate borrowings 2,727 2,273」
The balance of floating-rate borrowings decreased from ¥2,727 million at the end of the previous consolidated fiscal year to ¥2,273 million, reducing borrowings exposed to interest-rate movements. quantified is true, materialized is false. - FY2024-Q1MitigatedAnnual report
「Floating-rate borrowings 2,727 2,501」
The balance of floating-rate borrowings decreased from ¥2,727 million at the end of the previous consolidated fiscal year to ¥2,501 million, reducing borrowings exposed to interest-rate movements. - FY2023-Q3WorsenedAnnual report
「Floating-rate borrowings 12,631 15,171」
The balance of floating-rate borrowings increased from ¥12,631 million at the end of the previous consolidated fiscal year to ¥15,171 million, expanding borrowings exposed to interest-rate movements. - FY2023-Q2WorsenedAnnual report
「Floating-rate borrowings 12,631 14,049」
The balance of floating-rate borrowings increased from ¥12,631 million at the end of the previous consolidated fiscal year to ¥14,049 million, expanding borrowings exposed to interest-rate movements. - FY2022-Q3WorsenedAnnual report
「Floating-rate borrowings 5,977 8,428」
The balance of floating-rate borrowings increased from ¥5,977 million at the end of the previous consolidated fiscal year to ¥8,428 million, expanding borrowings exposed to interest-rate movements. quantified is true, materialized is false. - FY2022-Q2WorsenedAnnual report
「Floating-rate borrowings 5,977 7,707」
The balance of floating-rate borrowings increased from ¥5,977 million at the end of the previous consolidated fiscal year to ¥7,707 million, expanding borrowings exposed to interest-rate movements. - FY2022-Q1WorsenedAnnual report
「Floating-rate borrowings 5,977 6,967」
The balance of floating-rate borrowings increased from ¥5,977 million at the end of the previous consolidated fiscal year to ¥6,967 million, expanding borrowings exposed to interest-rate movements. quantified is true, materialized is false. - FY2020WorsenedAnnual report
「The impact of a 10bp increase in interest rates on profit after tax in the consolidated income statement was a decrease of ¥3,599 thousand in the current consolidated fiscal year.」
The impact on profit after tax in the sensitivity analysis for floating-rate borrowings increased from a decrease of ¥1,457 thousand in the previous fiscal year to a decrease of ¥3,599 thousand. - FY2018First statedAnnual report
「Because some of the Group's financing consists of floating-rate borrowings, changes in financial conditions may result in unexpected fluctuations in funding costs, which could affect the continuation of its business.」
The company identifies fluctuations in funding costs associated with floating-rate borrowings as a risk and discloses the impact on profit before tax of a 10bp increase.