Increase in Interest-Bearing Debt and Risk of Rising Interest Rates
First written in FY2021. 8 of 12 entries say "Mitigated", first in FY2023-Q2. Latest entry: 2026-08-14.
The whole theme swung hardest in 2020: 63 of 142 companies on the "Worse" side.
- 2026-08-14MitigatedEarnings
「To strengthen our financial position and reduce interest expenses, we repaid borrowings as follows on 31 July 2026.」
The company repaid a total of ¥1,013 million in borrowings on 31 July 2026 to strengthen its financial position and reduce interest expenses. - FY2026MitigatedAnnual report
「As of 31 March 2026, the company had ¥1.213 billion in interest-bearing debt, and its interest-bearing debt dependency ratio was 42.3%.」
Interest-bearing debt decreased from ¥2.013 billion in the previous fiscal year to ¥1.213 billion, while the dependency ratio declined from 58.8% to 42.3%. Disclosure of the risk of rising market interest rates continues. - FY2026-H1MitigatedAnnual report
「Liabilities decreased ¥769.042 million from the end of the previous fiscal year to ¥2.247806 billion, mainly due to a ¥28.977 million decrease in accounts payable, a ¥622.160 million decrease in short-term borrowings resulting from repayments, and a ¥77.770 million decrease in long-term borrowings.」
Short-term borrowings decreased ¥622.160 million and long-term borrowings decreased ¥77.770 million due to repayments, resulting in a decrease in total liabilities. - FY2025MitigatedAnnual report
「As of 31 March 2025, the company had ¥2.013 billion in interest-bearing debt, and its interest-bearing debt dependency ratio was 58.8%.」
Interest-bearing debt decreased from ¥2.225 billion in the previous fiscal year to ¥2.013 billion, while the dependency ratio declined from 61.0% to 58.8%. Disclosure of the risk of rising market interest rates continues. - FY2025-H1MitigatedAnnual report
「Cash decreased by ¥123.947 million as a result of financing activities, compared with an increase of ¥290 million in the same period of the previous year. This was mainly due to the repayment of ¥100.747 million in borrowings.」
Short- and long-term borrowings decreased from the previous fiscal year-end due to the repayment of ¥100.747 million in borrowings. No material change itself was specified regarding interest-bearing debt or the risk of rising interest rates. - FY2023WorsenedAnnual report
「As of 31 March 2023, the company had ¥2.225 billion in interest-bearing debt, and its interest-bearing debt dependency ratio was 61.0%. If market interest rates rise due to changes in financial conditions or other factors, the company's financial position or operating results may be affected.」
While interest-bearing debt decreased from ¥2.275 billion at the previous fiscal year-end, the interest-bearing debt dependency ratio rose to 61.0%, and the risk of higher interest rates continues to be disclosed. - FY2023-Q3MitigatedAnnual report
「Long-term borrowings ¥415 million ¥375 million」
Long-term borrowings decreased from ¥415 million at the end of the previous fiscal year to ¥375 million, and total interest-bearing debt, including short-term borrowings, also declined from the previous fiscal year-end. - FY2023-Q2MitigatedAnnual report
「Payments for repayment of long-term borrowings: ¥30,000 thousand」
The company repaid ¥30 million of long-term borrowings during the six months ended the second quarter, reducing its interest-bearing debt from the end of the previous fiscal year. No material change in the risk of higher borrowing costs itself was disclosed. - FY2022WorsenedAnnual report
「As of 31 March 2022, the company had ¥2.275 billion in interest-bearing debt, and its interest-bearing debt dependency ratio was 56.4%. If market interest rates rise due to changes in financial conditions or other factors, the company's financial position or operating results may be affected.」
Interest-bearing debt increased to ¥2.275 billion and the interest-bearing debt dependency ratio rose to 56.4%, from ¥2.1 billion and 46.0%, respectively, as previously reported. The risk of rising market interest rates continues to be disclosed. - FY2021First statedAnnual report
「As of 31 March 2021, the company had ¥2.1 billion in interest-bearing debt, and its interest-bearing debt dependency ratio was 46.0%. If market interest rates rise due to changes in financial conditions or other factors, the company's financial position or operating results may be affected.」
Following the raising of ¥2.1 billion in short-term borrowings as a precaution against the spread of COVID-19, the interest-bearing debt dependency ratio reached 46.0%, and the impact of rising market interest rates on the financial position and operating results was identified as a new risk.