Interest Rate Risk Related to Borrowings
First written in FY2016. 30 of 36 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-11-12.
The whole theme swung hardest in 2025: 34 of 95 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「At the end of March 2026, consolidated borrowings stood at ¥22,307 million. Accordingly, to prepare for rising interest rates, the Company is working to reduce the absolute amount of borrowings and selects an appropriate funding method for each use of funds as needed.」
Borrowings subject to interest rate fluctuation risk stood at ¥22,307 million, down from the end of the previous fiscal year. The policy of reducing borrowings is also continuing. - FY2026-H1MitigatedAnnual report
「Cash flows from financing activities were an outflow of ¥1,533 million (an inflow of ¥1,516 million in the same period of the previous year). This was mainly due to net outflows of ¥1,008 million from a decrease in borrowings (net inflows of ¥1,920 million in the same period of the previous year)」
Net outflows of ¥1,008 million from a decrease in borrowings were recorded, indicating a reduction in borrowing exposure subject to interest rate fluctuation risk. - FY2025MitigatedAnnual report
「Borrowings at the end of the current consolidated fiscal year decreased by ¥1,532 million from the end of the previous consolidated fiscal year to ¥24,521 million.」
Borrowings subject to interest rate fluctuation risk decreased by ¥1,532 million from the end of the previous fiscal year. - FY2025-H1WorsenedAnnual report
「This was mainly due to dividend payments of ¥401 million (payments of ¥374 million in the same period of the previous year), offset by net proceeds of ¥1,920 million from an increase in borrowings (net proceeds of ¥3,131 million in the same period of the previous year).」
Net proceeds of ¥1,920 million from an increase in borrowings were recorded, and borrowing exposure subject to interest rate fluctuation risk increased from the end of the previous fiscal year. - FY2024-Q3WorsenedAnnual report
「Liabilities increased by ¥22,278 million from the end of the previous consolidated fiscal year to ¥78,338 million. The main factors were increases of ¥15,269 million in notes and accounts payable and ¥6,806 million in borrowings.」
Borrowings subject to interest rate fluctuation risk increased by ¥6,806 million from the end of the previous consolidated fiscal year, expanding borrowing exposure. - FY2024-Q2WorsenedAnnual report
「Liabilities increased by ¥8,312 million from the end of the previous consolidated fiscal year to ¥64,372 million. This was mainly due to increases of ¥5,400 million in notes and accounts payable and ¥3,131 million in borrowings.」
Borrowings increased by ¥3,131 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2024-Q1WorsenedAnnual report
「Liabilities increased by ¥9,110 million from the end of the previous consolidated fiscal year to ¥65,170 million. The main factors were increases of ¥3,231 million in notes and accounts payable and ¥5,940 million in borrowings.」
Borrowings subject to interest rate fluctuation risk increased by ¥5,940 million from the end of the previous consolidated fiscal year, expanding borrowing exposure. The risk is quantified, but the disclosure does not state that losses arose from rising interest rates. - FY2023WorsenedAnnual report
「At the end of March 2023, consolidated borrowings stood at ¥26,789 million. Accordingly, to prepare for rising interest rates, the Company is working to reduce the absolute amount of borrowings and selects an appropriate funding method for each use of funds as needed.」
The disclosure states that borrowings subject to interest rate fluctuation risk stood at ¥26,789 million and that the policy of reducing borrowings is continuing. - FY2023-Q3WorsenedAnnual report
「Liabilities increased by ¥28,105 million from the end of the previous consolidated fiscal year to ¥83,005 million. The main factors were increases of ¥14,223 million in notes and accounts payable and ¥13,725 million in borrowings.」
Borrowings subject to interest rate fluctuation risk increased by ¥13,725 million from the end of the previous consolidated fiscal year, expanding borrowing exposure. - FY2023-Q2WorsenedAnnual report
「Liabilities increased by ¥10,178 million from the end of the previous consolidated fiscal year to ¥65,079 million. This was mainly due to increases of ¥9,010 million in borrowings and ¥1,850 million in notes and accounts payable.」
Borrowings increased by ¥9,010 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2023-Q1WorsenedAnnual report
「Liabilities increased by ¥11,884 million from the end of the previous consolidated fiscal year to ¥66,784 million. The main factors were increases of ¥3,277 million in notes and accounts payable and ¥8,830 million in borrowings.」
Borrowings increased by ¥8,830 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2022-Q3WorsenedAnnual report
「Liabilities increased by ¥26,605 million from the end of the previous consolidated fiscal year to ¥76,195 million. The main factors were increases of ¥14,825 million in notes and accounts payable and ¥10,787 million in borrowings.」
Borrowings increased by ¥10,787 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2022-Q2WorsenedAnnual report
「Liabilities increased by ¥7,044 million from the end of the previous consolidated fiscal year to ¥56,634 million. The main factors were increases of ¥1,217 million in notes and accounts payable and ¥5,987 million in borrowings.」
Borrowings increased by ¥5,987 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2022-Q1WorsenedAnnual report
「Liabilities increased by ¥6,819 million from the end of the previous consolidated fiscal year to ¥56,409 million. The main factors were increases of ¥1,442 million in notes and accounts payable and ¥4,982 million in borrowings.」
Borrowings increased by ¥4,982 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2021MitigatedAnnual report
「At the end of March 2021, consolidated borrowings stood at ¥22,834 million. Accordingly, to prepare for rising interest rates, the Company is working to reduce the absolute amount of borrowings and selects an appropriate funding method for each use of funds as needed.」
Borrowings decreased from ¥26,736 million at the end of the previous fiscal year to ¥22,834 million, and a policy of reducing the absolute amount of borrowings was also presented. - FY2021-Q3WorsenedAnnual report
「Liabilities increased by ¥21,293 million from the end of the previous consolidated fiscal year to ¥70,715 million. The main factors were increases of ¥13,782 million in notes and accounts payable and ¥7,056 million in borrowings.」
Borrowings increased by ¥7,056 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2021-Q2WorsenedAnnual report
「Liabilities increased by ¥4,687 million from the end of the previous consolidated fiscal year to ¥54,109 million. The main factors were increases of ¥1,710 million in notes and accounts payable and ¥3,102 million in borrowings.」
Borrowings increased by ¥3,102 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2021-Q1WorsenedAnnual report
「Liabilities increased by ¥4,688 million from the end of the previous consolidated fiscal year to ¥54,110 million. The main factors were increases of ¥1,222 million in notes and accounts payable and ¥3,329 million in borrowings.」
Borrowings increased by ¥3,329 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2020-Q3WorsenedAnnual report
「Liabilities increased by ¥18,842 million from the end of the previous consolidated fiscal year to ¥75,807 million. The main factors were increases of ¥11,107 million in notes and accounts payable and ¥7,663 million in borrowings.」
Borrowings increased by ¥7,663 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2020-Q2WorsenedAnnual report
「Liabilities increased by ¥1,469 million from the end of the previous consolidated fiscal year to ¥58,434 million. The main factor was an increase of ¥4,247 million in borrowings.」
Borrowings increased by ¥4,247 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2020-Q1WorsenedAnnual report
「Liabilities increased by ¥7,015 million from the end of the previous consolidated fiscal year to ¥63,980 million. The main factors were increases of ¥2,211 million in notes and accounts payable and ¥4,812 million in borrowings.」
Borrowings increased by ¥4,812 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2019MitigatedAnnual report
「At the end of the fiscal year ended March 2019, borrowings stood at ¥26,736 million on a consolidated basis and ¥17,974 million for the Company alone. The Group's performance may fluctuate under the influence of interest rate conditions.」
Consolidated borrowings decreased from ¥27,981 million at the end of the previous fiscal year to ¥26,736 million, reducing borrowing exposure subject to interest rate fluctuation risk. - FY2019-Q3WorsenedAnnual report
「Liabilities increased by ¥21,735 million from the end of the previous consolidated fiscal year to ¥77,455 million. The main factors were increases of ¥14,495 million in notes and accounts payable and ¥7,241 million in borrowings.」
Borrowings increased by ¥7,241 million from the end of the previous consolidated fiscal year, disclosing the expansion of borrowing exposure subject to interest rate fluctuation risk. - FY2019-Q2WorsenedAnnual report
「Net proceeds of ¥121 million from an increase in borrowings were recorded (net proceeds of ¥4,088 million in the same quarter of the previous year).」
Borrowings at the end of the quarter, comprising short-term borrowings, current portion of long-term borrowings and long-term borrowings, increased by ¥416 million from the end of the previous fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2019-Q1WorsenedAnnual report
「Liabilities increased by ¥7,719 million from the end of the previous consolidated fiscal year to ¥63,438 million. The main factors were increases of ¥4,755 million in notes and accounts payable and ¥2,705 million in borrowings.」
Borrowings increased by ¥2,705 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2018WorsenedAnnual report
「The Group obtains part of the funds required for capital expenditures and operating activities through borrowings from financial institutions. At the end of the fiscal year ended March 2018, borrowings stood at ¥27,981 million on a consolidated basis and ¥18,350 million for the Company alone. The Group's performance may fluctuate under the influence of interest rate conditions.」
Borrowings subject to interest rate fluctuation risk stood at ¥27,981 million on a consolidated basis, up from ¥25,065 million at the end of the previous fiscal year. - FY2018-Q3WorsenedAnnual report
「Liabilities increased by ¥29,435 million from the end of the previous consolidated fiscal year to ¥81,004 million. The main factors were increases of ¥17,008 million in notes and accounts payable and ¥12,258 million in borrowings.」
Borrowings increased by ¥12,258 million from the end of the previous consolidated fiscal year, expanding borrowing exposure subject to interest rate fluctuation risk. - FY2018-Q1WorsenedAnnual report
「Liabilities increased by ¥6,003 million from the end of the previous consolidated fiscal year to ¥57,572 million. The main factors were increases of ¥3,087 million in notes and accounts payable and ¥2,832 million in borrowings.」
Borrowings increased by ¥2,832 million from the end of the previous consolidated fiscal year, disclosing the increase in borrowing exposure subject to interest rate fluctuation risk. - FY2017WorsenedAnnual report
「At the end of the fiscal year ended March 2017, borrowings stood at ¥25,065 million on a consolidated basis and ¥14,576 million for the Company alone. The Group's performance may fluctuate under the influence of interest rate conditions.」
Consolidated borrowings increased from ¥24,236 million at the end of the previous fiscal year to ¥25,065 million, disclosing borrowing exposure subject to interest rate fluctuation risk. - FY2017-Q3WorsenedAnnual report
「Liabilities increased by ¥24,765 million from the end of the previous consolidated fiscal year to ¥77,448 million. The main factors were increases of ¥16,593 million in notes and accounts payable and ¥9,242 million in borrowings.」
Borrowings increased by ¥9,242 million from the end of the previous consolidated fiscal year, disclosing the increase in borrowing exposure subject to interest rate fluctuation risk. - FY2017-Q2WorsenedAnnual report
「Liabilities increased by ¥5,682 million from the end of the previous consolidated fiscal year to ¥58,366 million. The main factors were increases of ¥3,742 million in notes and accounts payable and ¥3,228 million in borrowings.」
Borrowings increased by ¥3,228 million from the end of the previous consolidated fiscal year, quantifying the increase in borrowing exposure subject to interest rate fluctuation risk. - FY2016First statedAnnual report
「At the end of the fiscal year ended March 2016, borrowings stood at ¥24,236 million on a consolidated basis and ¥13,295 million for the Company alone. The Group's performance may fluctuate under the influence of interest rate conditions.」
The disclosure presents borrowings on a consolidated and non-consolidated basis and describes the possibility of performance fluctuations due to interest rate conditions.