Risk of higher interest rates on borrowings and bonds
First written in FY2018. 7 of 9 entries say "Mitigated", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2025: 32 of 96 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Net balance of variable-rate borrowings and bonds 22,677 15,752 Pretax profit △227 △158」
The net balance of variable-rate borrowings and bonds decreased from ¥2,267.7 million to ¥1,575.2 million, while the impact on pretax profit of a 1% rise in interest rates narrowed from negative ¥227 million to negative ¥158 million. - FY2025MitigatedAnnual report
「Net balance of variable-rate borrowings and bonds 25,997 22,677 Pretax profit △260 △227」
Both the net balance of variable-rate borrowings and bonds after interest-rate swaps and the impact on pretax profit of a 1% rise in interest rates decreased. - FY2024MitigatedAnnual report
「Net balance of variable-rate borrowings and bonds 25,997 Pretax profit △260」
The net balance of variable-rate borrowings and bonds decreased from ¥2,974.9 million to ¥2,599.7 million, while the impact on pretax profit of a 1% rise in interest rates narrowed from a negative ¥297 million to a negative ¥260 million. - FY2023MitigatedAnnual report
「Net balance of variable-rate borrowings and bonds 29,749 Pretax profit △297」
The net balance of variable-rate borrowings and bonds decreased from ¥34,715 million to ¥29,749 million, while the impact on pretax profit of a 1% rise in interest rates narrowed from a negative ¥347 million to a negative ¥297 million. - FY2022MitigatedAnnual report
「Net balance of floating-rate borrowings and bonds 34,715 Profit before income taxes △347」
The impact on pretax profit of a 1% rise in interest rates narrowed from a negative ¥389 million to a negative ¥347 million, while the net balance decreased from ¥38,872 million to ¥34,715 million. - FY2021WorsenedAnnual report
「Net balance of floating-rate borrowings and bonds 38,872 Profit before income taxes △389」
The net balance of floating-rate borrowings and bonds was ¥38,872 million, and the impact on profit before income taxes of a 1% interest-rate increase was a ¥389 million reduction, indicating greater interest-rate exposure than in the previous fiscal year. - FY2020MitigatedAnnual report
「Net balance of floating-rate borrowings and bonds 28,584 Profit before income taxes △286」
The net balance of floating-rate borrowings and bonds declined from ¥29,613 million in the previous fiscal year to ¥28,584 million, while the impact on profit before income taxes of a 1% interest-rate increase narrowed from a ¥296 million reduction to a ¥286 million reduction. - FY2019MitigatedAnnual report
「The net balance of floating-rate borrowings and bonds was ¥29,613 million, and a 1% increase in their interest rates would have an impact of ¥296 million on profit before income taxes.」
The impact on profit before income taxes of a 1% interest-rate increase narrowed from a ¥432 million reduction in the previous fiscal year to a ¥296 million reduction, and the net balance also declined. - FY2018First statedAnnual report
「The net balance of floating-rate borrowings and bonds was ¥43,173 million, and a 1% increase in their interest rates would have an impact of ¥432 million on profit before income taxes.」
The net balance of floating-rate borrowings and bonds and the impact of a 1% interest-rate increase on profit before income taxes were quantified and disclosed.