Limiting interest-rate risk through fixed-rate funding
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2025.
Graphite Design moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2026: 2 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Long-term borrowings are used to fund capital investments and other needs and are exposed to interest rate fluctuation risk because they carry variable interest rates.」
Compared with the previous explanation of “primarily obtaining financing at fixed interest rates,” the company now explicitly states that its long-term borrowings carry variable rates and describes a management method aimed at fixing interest payments under each individual contract. - FY2023RestatedAnnual report
「To mitigate the risk of fluctuations in interest payments on borrowings, we primarily obtain financing at fixed interest rates.」
The company continues to manage the risk of fluctuations in interest payments on borrowings, primarily by obtaining financing at fixed interest rates. - FY2021RestatedAnnual report
「To mitigate the risk of fluctuations in interest payments on borrowings, we primarily obtain financing at fixed interest rates.」
The company continues to manage the risk of fluctuations in interest payments on borrowings, primarily by obtaining financing at fixed interest rates. - FY2019RestatedAnnual report
「To mitigate the risk of fluctuations in interest payments on borrowings, we primarily obtain financing at fixed interest rates.」
The company continues to manage the risk of fluctuations in interest payments on borrowings, primarily by obtaining financing at fixed interest rates. - FY2018First statedAnnual report
「To mitigate the risk of fluctuations in interest payments on borrowings, we primarily obtain financing at fixed interest rates.」
In connection with its bank-borrowing policy, the company primarily uses fixed-rate financing to mitigate the risk of fluctuations in interest payments.