Higher Financing Costs Due to Rising Interest Rates
First written in FY2023. 2 of 5 entries say "Worsened", first in 2026-08-20. Latest entry: FY2026.
The whole theme swung hardest in 2023: 9 of 38 companies on the "Worse" side.
12 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the current consolidated fiscal year, we took out new borrowings to support the supply of new materials for titanium-aluminium blades and the expansion of our market share. As of the end of the fiscal year ended June 2026, borrowings amounted to ¥5,410.909 million. If interest rates rise in the future as a result of global monetary tightening, funding costs may increase further, potentially adversely affecting our Group’s financial condition and business performance.」
Borrowings associated with growth investment increased, and interest expense of ¥74.926 million was recorded. The risk of higher funding costs due to rising interest rates was identified as a more important issue. - FY2024RestatedAnnual report
「If interest rates rise as a result of global monetary tightening, financing costs could increase further, adversely affecting our financial condition and results of operations.」
The company continues to disclose the risk of higher financing costs from rising interest rates, in light of borrowing dependence and the syndicated loan implemented in September 2024. - FY2023First statedAnnual report
「If interest rates rise as a result of global monetary tightening, financing costs could increase further, adversely affecting our financial condition and results of operations.」
The company plans to respond through cash and deposits, its equity ratio and diversification of financing methods.