Interest-rate fluctuation risk associated with variable rates
First written in FY2017. 2 of 6 entries say "Worsened", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2025: 30 of 96 companies on the "Worse" side.
- FY2025WorsenedAnnual report
「The exposure to interest rate fluctuation risk on interest-bearing debt at the end of the consolidated fiscal year was ¥25,246 million, compared with ¥25,098 million at the end of the previous consolidated fiscal year.」
Exposure to interest rate fluctuation risk increased from ¥25,098 million to ¥25,246 million, and the impact of a 1% rise in interest rates on pretax profit was ¥252 million. - FY2024WorsenedAnnual report
「The exposure to interest rate fluctuation risk on interest-bearing debt at the end of the consolidated fiscal year was ¥25,098 million, compared with ¥22,404 million at the end of the previous consolidated fiscal year.」
Exposure to interest rate fluctuation risk increased from ¥22,404 million to ¥25,098 million, and the company disclosed the impact of a 1% rise in interest rates on pretax profit as ¥250 million. - FY2022MitigatedAnnual report
「The exposure to interest rate fluctuation risk on interest-bearing debt at the end of the consolidated fiscal year was ¥24,570 million, compared with ¥22,495 million at the end of the previous consolidated fiscal year.」
Interest rate risk was quantitatively disclosed, with the impact of a 1% rise in interest rates on pretax profit estimated at ¥245 million. Exposure declined from the previous quantitative disclosure. - FY2020Quantitative disclosure of interest rate riskAnnual report
「The exposure to interest rate fluctuation risk on interest-bearing debt at the end of the consolidated fiscal year was ¥30,821 million, compared with ¥33,917 million at the end of the previous consolidated fiscal year.」
The company quantitatively disclosed exposure to interest-bearing debt at floating rates of ¥30,821 million and estimated the impact of a 1% rise in interest rates on pretax profit at ¥308 million. - FY2017RestatedAnnual report
「Most borrowings are at floating interest rates, exposing the company to interest rate fluctuation risk.」
The company continues to explicitly disclose interest rate fluctuation risk on floating-rate borrowings. - FY2017First statedAnnual report
「Most borrowings are at floating interest rates, exposing the company to interest rate fluctuation risk.」
The company explicitly identifies interest rate fluctuation risk on floating-rate borrowings as a financial instrument risk.