Interest Rate Risk from Variable-Rate Borrowings
First written in FY2017. 21 of 22 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2023RestatedAnnual report
「Borrowings at variable interest rates are exposed to interest rate fluctuation risk, but are generally limited to short-term borrowings with low risk.」
The risk management policy of generally limiting borrowings at variable interest rates to short-term borrowings remains in place. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes were identified in interest rate fluctuation risk arising from variable-rate borrowings. - FY2020RestatedAnnual report
「Borrowings at variable interest rates are exposed to interest rate fluctuation risk, but are generally limited to short-term borrowings with low risk.」
The policy of generally limiting variable-rate borrowings to short-term borrowings remains in place. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were identified in existing risks, including interest rate fluctuation risk arising from variable-rate borrowings. - FY2020-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No significant changes were identified in the existing business and other risks, including the interest rate fluctuation risk associated with borrowings at variable interest rates. - FY2020-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes were identified in existing risks, including interest rate fluctuation risk arising from variable-rate borrowings. - FY2019RestatedAnnual report
「Borrowings at variable interest rates are exposed to interest rate fluctuation risk, but are generally limited to short-term borrowings with low risk.」
The risk management policy of generally limiting borrowings at variable interest rates to short-term borrowings remains in place. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes were identified in the existing business and other risks, including the interest rate fluctuation risk associated with borrowings at variable interest rates. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No significant changes were identified in the existing business and other risks, including the interest rate fluctuation risk associated with borrowings at variable interest rates. - FY2019-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes were identified in the existing business and other risks, including the interest rate fluctuation risk associated with borrowings at variable interest rates. - FY2018RestatedAnnual report
「Borrowings at variable interest rates are exposed to interest rate fluctuation risk, but are generally limited to short-term borrowings with low risk.」
The risk management policy of generally limiting borrowings at variable interest rates to short-term borrowings remains in place. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes were identified in the existing business and other risks, including the interest rate fluctuation risk associated with borrowings at variable interest rates. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No significant changes were identified in the existing business and other risks, including the interest rate fluctuation risk associated with borrowings at variable interest rates. - FY2018-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes were identified in the existing business and other risks, including the interest rate fluctuation risk associated with borrowings at variable interest rates. - FY2017First statedAnnual report
「Borrowings at variable interest rates are exposed to interest rate fluctuation risk, but are generally limited to short-term borrowings with low risk.」
The Company describes its management approach of limiting borrowings at variable interest rates to short-term borrowings, in light of the associated interest rate fluctuation risk.