Interest Rate Fluctuations Relating to Variable-Rate Borrowings and Retirement Benefits
First written in FY2016. 7 of 12 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2026.
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- FY2026Lower interest expense and continued interest-rate hedgingAnnual report
「Interest expense 3,734 3,348」
While interest expense decreased from ¥3,734 million in the previous fiscal year to ¥3,348 million, the risks associated with variable-rate borrowings and other financing, and the hedging policy using interest rate swaps, remain in place. - FY2025-H1MaterialisedAnnual report
「Interest paid ¥6.8 billion and interest paid ¥2.0 billion」
Interest paid during the interim consolidated accounting period was ¥2.0 billion, exceeding ¥1,924 million in the same period of the previous year. The burden associated with borrowings and interest rate movements continued to be reflected in the results. - FY2024-Q3MaterialisedAnnual report
「Interest expense 2,144 2,841」
Interest expense for the cumulative third quarter increased from ¥2,144 million in the same period of the previous year to ¥2,841 million. The burden associated with rising interest rates and borrowings continued to be reflected in the results. - FY2024-Q2MaterialisedAnnual report
「Interest expense 1,207 1,924」
Interest expense for the cumulative second quarter increased from ¥1,207 million in the same period of the previous year to ¥1,924 million. The burden associated with rising interest rates and borrowings continued to be reflected in the results. - FY2024-Q1MaterialisedAnnual report
「Interest expense 490 961」
Interest expense increased from ¥490 million in the same period of the previous year to ¥961 million in the first quarter under review, with the burden associated with interest rate movements and borrowings reflected in the results. - FY2023MaterialisedAnnual report
「Net income attributable to owners of the parent decreased by ¥2.3 billion to ¥23.6 billion, owing to lower operating income and higher interest expense resulting from rising interest rates, among other factors.」
Interest expense resulting from rising interest rates increased from ¥1,176 million in the previous fiscal year to ¥3,211 million, emerging as a factor reducing profit. - FY2023-Q3MaterialisedAnnual report
「Ordinary income and income before income taxes and other adjustments decreased, owing to higher borrowings resulting from an increase in working capital and higher interest expense resulting from rising interest rates, among other factors.」
Higher interest expense resulting from increased borrowings and rising interest rates emerged as a factor reducing ordinary income and income before income taxes and other adjustments. - FY2023-Q2MaterialisedAnnual report
「Ordinary income and income before income taxes and other adjustments decreased, owing to higher borrowings resulting from an increase in working capital and higher interest expense resulting from rising interest rates, among other factors.」
Higher interest expense resulting from rising interest rates emerged as a factor reducing ordinary income and income before income taxes and other adjustments. - FY2021RestatedAnnual report
「For variable-rate financing, we seek to mitigate the risks associated with interest rate movements by using interest rate swap agreements and other instruments.」
The company is reconfirming the interest rate risk related to variable-rate borrowings and retirement benefits, as well as the measures using interest rate swaps. - FY2019RestatedAnnual report
「For variable-rate financing, we seek to mitigate the risks associated with interest rate movements by using interest rate swap agreements and other instruments. However, depending on future interest rate trends, this may affect the operating results and financial position of our group.」
The company is reconfirming the interest rate risk related to variable-rate borrowings and retirement benefits, as well as the mitigation measures using interest rate swaps. - FY2017RestatedAnnual report
「For variable-rate financing, we seek to mitigate the risks associated with interest rate movements by using interest rate swap agreements and other instruments. However, depending on future interest rate trends, this may affect the operating results and financial position of our group.」
The company is reconfirming the interest rate risk associated with variable-rate borrowings and other financing, as well as the mitigation measures using interest rate swaps. - FY2016First statedAnnual report
「For variable-rate financing, we seek to mitigate the risks associated with interest rate movements by using interest rate swap agreements and other instruments. However, depending on future interest rate trends, this may affect the operating results and financial position of our group.」
The company has implemented hedging using interest rate swaps, while identifying interest rate trends and their impact on retirement benefits as risks.