Interest Rate Volatility Risk on Borrowings
First written in FY2016. 8 of 9 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 13 of 66 companies on the "Worse" side.
104 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Of our borrowings, short-term borrowings are primarily used to finance operating transactions, while long-term borrowings are primarily used to finance capital investments. Some of these borrowings are exposed to interest rate risk, which we hedge using derivative transactions, specifically interest rate swaps.」
The section continues to hedge interest rate risk on borrowings with interest rate swaps. - FY2021RestatedAnnual report
「Of our borrowings, short-term borrowings are primarily used to finance operating transactions, while long-term borrowings are primarily used to finance capital investments. Some of these borrowings are exposed to interest rate risk, which we hedge using derivative transactions, specifically interest rate swaps.」
The section continues to describe interest rate risk on borrowings and hedging with interest rate swaps. - FY2019RestatedAnnual report
「Of our borrowings, short-term borrowings are primarily used to finance operating transactions, while long-term borrowings are primarily used to finance capital investments. Some of these borrowings are exposed to interest rate risk, which we hedge using derivative transactions, specifically interest rate swaps.」
The section continues to describe the exposure of part of the borrowings to interest rate risk and hedging with interest rate swaps. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The section states that there have been no material changes to existing risks, including interest rate risk on borrowings. - FY2018RestatedAnnual report
「Of our borrowings, short-term borrowings are primarily used to finance operating transactions, while long-term borrowings are primarily used to finance capital investments. Some of these borrowings are exposed to interest rate risk, which we hedge using derivative transactions, specifically interest rate swaps.」
The section continues to describe the exposure of part of the borrowings to interest rate risk and hedging with interest rate swaps. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The section states that there have been no material changes to existing risks, including interest rate risk on borrowings. - FY2017RestatedAnnual report
「Of our borrowings, short-term borrowings are primarily used to finance operating transactions, while long-term borrowings are primarily used to finance capital investments. Some of these borrowings are exposed to interest rate risk, which we hedge using derivative transactions, specifically interest rate swaps.」
The section continues to describe the exposure of part of the borrowings to interest rate risk. - FY2017-Q3RestatedAnnual report
「No new business risks arose during the nine-month period ended the third quarter of the current fiscal year. In addition, there were no significant changes to the business risks disclosed in the securities report for the previous fiscal year.」
The section states that there have been no material changes to existing risks, including interest rate risk on borrowings. - FY2016First statedAnnual report
「Of our borrowings, short-term borrowings are primarily used to finance operating transactions, while long-term borrowings are primarily used to finance capital investments. Some of these borrowings are exposed to interest rate risk.」
The section describes exposure to interest rate risk on part of the borrowings.