Interest-rate fluctuations on borrowings
First written in FY2016. 2 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 34 of 95 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「Short-term borrowings — — — — Long-term borrowings (excluding amounts due for repayment within 1 year) — — — —」
There were no short-term or long-term borrowings outstanding at the end of the current fiscal year, and the short-term borrowings outstanding in the previous fiscal year had been eliminated. - FY2024-Q3Decline in short-term borrowingsAnnual report
「The increase in current liabilities was mainly attributable to increases of ¥800 million in short-term borrowings, ¥548 million in electronic recorded obligations, and ¥239 million in other current liabilities, among other factors, despite decreases of ¥401 million in accrued expenses, ¥322 million in provisions for special claim losses, ¥245 million in non-operating electronic recorded obligations, and ¥159 million in unpaid amounts related to equipment.」
Short-term borrowings increased by ¥800 million from the end of the previous consolidated fiscal year, but the balance decreased from the ¥1.5 billion reported in the previous quarterly report. - FY2024-Q2¥1.5 billion in short-term borrowings incurredAnnual report
「The increase in current liabilities was mainly attributable to increases in short-term borrowings of ¥1.5 billion and electronic recorded obligations of ¥220 million, among other factors, despite decreases of ¥583 million in notes and accounts payable, ¥282 million in provisions for special claim losses, ¥253 million in accrued expenses, ¥189 million in unpaid amounts related to equipment, and ¥140 million in non-operating electronic recorded obligations.」
Short-term borrowings, which had no balance at the end of the previous consolidated fiscal year, increased by ¥1.5 billion. This is described as a change in the balance of funding exposed to interest rate fluctuation risk on borrowings. - FY2023ReframedAnnual report
「The Group obtains funding through bank borrowings as necessary. If borrowings become substantial and these interest rates rise significantly in the future, the Group's financial condition and operating results may be affected.」
The previous reference to the parent company's group financing has been removed, and the Group's funding is described as bank borrowings. The interest rate risk itself remains unchanged. - FY2020RestatedAnnual report
「The Company obtains funding through its parent company's group financing, while its subsidiaries obtain funding through bank borrowings. If borrowings become substantial and these interest rates rise significantly in the future, the Group's financial condition and operating results may be affected.」
The risk of higher interest rates associated with the parent company's group financing and the subsidiaries' bank borrowings is reiterated. - FY2017RestatedAnnual report
「The Company obtains funding through its parent company's group financing, while its subsidiaries do so through bank borrowings. If these interest rates rise substantially in the future, the Group's financial condition and operating results may be affected.」
The risk of higher interest rates associated with the parent company's group financing and the subsidiaries' bank borrowings is reiterated. - FY2016First statedAnnual report
「If these interest rates rise substantially in the future, they may affect our Group's financial position and operating results.」
The Company obtains funding through Nissan Motor's group financing, while its subsidiaries obtain funding through bank borrowings.