Impact of Interest Rate Movements on Financial Instruments and Financing
First written in FY2017. 6 of 10 entries say "Worsened", first in FY2019. Latest entry: FY2026.
Honda Motor moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
The whole theme swung hardest in 2022: 4 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Impact on profit before tax △33,075」
The impact on profit before tax of a 100-basis-point increase in interest rates was a ¥33,075 million decrease, up from the ¥22,118 million decrease in the previous fiscal year. - FY2025MitigatedAnnual report
「Impact on profit before tax △22,118」
The impact on profit before tax of a 100-basis-point increase in interest rates was a ¥22,118 million decrease, down from the ¥24,322 million decrease in the previous fiscal year. - FY2024WorsenedAnnual report
「Impact on profit before tax △24,322」
The impact on profit before tax of a 100-basis-point increase in interest rates was a ¥24,322 million decrease, increasing from a ¥2,092 million decrease in the previous fiscal year. - FY2023MitigatedAnnual report
「Impact on profit before tax △2,092」
The impact on profit before tax of a 100-basis-point increase in interest rates was a ¥2,092 million decrease, narrowing from a ¥25,830 million decrease in the previous fiscal year. - FY2022WorsenedAnnual report
「Impact on profit before tax △25,830」
The impact on profit before tax of a 100-basis-point increase in interest rates was a ¥25,830 million decrease, increasing from a ¥18,354 million decrease in the previous fiscal year. - FY2021WorsenedAnnual report
「Impact on profit before tax of a 100-basis-point increase in interest rates」
The impact on profit before tax of a 100-basis-point increase in interest rates increased from a ¥4,861 million decrease to a ¥18,354 million decrease. - FY2020WorsenedAnnual report
「Impact on profit before tax of a 100-basis-point increase in interest rates」
The impact on profit before tax of a 100-basis-point increase in interest rates increased from a ¥1,915 million decrease in the previous fiscal year to a ¥4,861 million decrease. - FY2019WorsenedAnnual report
「Impact on profit before tax of a 100-basis-point increase in interest rates」
The impact on profit before tax of a 100-basis-point increase in interest rates increased from a ¥1,569 million decrease in the previous fiscal year to a ¥1,915 million decrease. - FY2018Lower interest-rate sensitivityAnnual report
「The sensitivity analysis of the interest-rate risk of financial instruments held by the Company and its consolidated subsidiaries at the end of the previous and current consolidated fiscal years is as follows. The sensitivity analysis shows the impact on profit before tax of a 100-basis-point increase in interest rates, assuming that all other variables apart from interest rates remain constant.」
The impact on profit before tax of a 100-basis-point increase in interest rates changed from a ¥166,110 million decrease in the previous fiscal year to a ¥1,569 million decrease. - FY2017First statedAnnual report
「The Company and its consolidated subsidiaries are exposed to interest-rate risk, primarily in connection with debt agreements and receivables related to financial services. The sensitivity analysis shows the impact on profit before tax of a 100-basis-point increase in interest rates, assuming that all other variables apart from interest rates remain constant.」
The Company newly disclosed interest-rate risk relating to debt agreements and financial services receivables as a standalone risk, estimating that a 100-basis-point increase in interest rates would reduce profit before tax by ¥16,611 million.