Interest-Rate Fluctuations on Borrowings
First written in FY2018. 12 of 13 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 33 of 94 companies on the "Worse" side.
- FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2022RestatedAnnual report
「The Group is working to mitigate interest rate risk through fixed-rate borrowings and the use of derivatives, among other measures. However, it is difficult to eliminate interest rate risk completely, and significant fluctuations in interest rates could affect the Group's operating results and financial position.」
The explanation continues to describe mitigation measures using fixed-rate borrowings and derivatives, while stating that complete elimination is difficult. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2019RestatedAnnual report
「The Group is working to mitigate interest rate risk through fixed-rate borrowings and the use of derivatives, among other measures. However, it is difficult to eliminate interest rate risk completely, and significant fluctuations in interest rates could affect the Group's operating results and financial position.」
The disclosure continues to state that the Group is mitigating interest rate risk through fixed-rate borrowings and derivatives, but that complete elimination is difficult. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were reported regarding interest rate fluctuations on borrowings. - FY2018First statedAnnual report
「The Group is working to mitigate interest rate risk through fixed-rate borrowings and the use of derivatives, among other measures. However, it is difficult to eliminate interest rate risk completely, and significant fluctuations in interest rates could affect the Group's operating results and financial position.」
The disclosure states that interest rate risk cannot be eliminated completely despite efforts to mitigate it through interest rate swaps and other measures.