Business-continuity risk from higher interest rates and inability to obtain financing
First written in FY2021. 12 of 13 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 4 of 26 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2026-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2025-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2025-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2024-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2023RestatedAnnual report
「また、突発的な内部及び外部環境の変化等により、資金調達ができなかった場合には、事業の継続ができなくなる等、当社の経営成績等に影響を及ぼす可能性があります。」
金利上昇による負担増と、突発的な環境変化による資金調達不能・事業継続困難のリスクを継続して記載している。 - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2023-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
金利上昇・資金調達不能による事業継続リスクについて、重要な変更がないと扱われている。 - FY2021First statedAnnual report
「If long- and short-term interest rates used as benchmark rates in financial markets rise in the future because of government economic or monetary policy, increasing the interest burden on borrowings, our operating results and other financial measures could be affected. In addition, if we are unable to obtain financing because of sudden changes in internal or external conditions, our business could become unsustainable, which could also affect our operating results and other financial measures.」
The company separately identifies increased borrowing costs from higher long- and short-term interest rates and difficulty continuing the business due to an inability to obtain financing as risks.