Funding Risk from Higher Interest Rates and Financial Market Turmoil
First written in FY2016. 14 of 28 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2026.
Daiichi Jitsugyo moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2025: 12 of 50 companies on the "Worse" side.
17 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Group's interest-bearing debt for the current fiscal year was ¥7,495 million, and it will continue to pursue flexible and stable working-capital funding while reducing interest costs.」
Interest-bearing debt increased from ¥5,882 million in the previous fiscal year to ¥7,495 million, and the Company continues to disclose funding risks arising from financial-market instability, credit-rating downgrades and rising interest rates. - FY2025-H1MitigatedAnnual report
「Total loan commitments 10,000 ¥ million Drawn borrowings 6,000 ¥ million 2,000 ¥ million Undrawn amount 4,000 ¥ million 8,000 ¥ million」
While maintaining total loan commitments of ¥10 billion, drawn borrowings decreased from ¥6 billion to ¥2 billion, and undrawn commitments increased from ¥4 billion to ¥8 billion. Funding capacity is improving. - FY2024WorsenedAnnual report
「The Group's interest-bearing debt for the current fiscal year was ¥7,339 million, and it will continue to pursue flexible and stable working-capital funding while reducing interest costs.」
Interest-bearing debt increased from ¥5,882 million in the previous fiscal year to ¥7,339 million, and the debt-equity ratio rose from 0.09x to 0.10x. The Company continues to disclose funding risks, including financial-market turmoil, credit-rating downgrades and rising interest rates. - FY2024-Q3RestatedAnnual report
「Total loan commitments 12,000 ¥ million 10,000 ¥ million Drawn borrowings 3,000 ¥ million 3,000 ¥ million Undrawn amount 9,000 ¥ million 7,000 ¥ million」
Since the end of the previous fiscal year, total loan commitments have stood at ¥10 billion, drawn borrowings at ¥3 billion and undrawn commitments at ¥7 billion, maintaining the reduced commitment level from the previous quarter. - FY2024-Q2Reduction in loan commitmentsAnnual report
「Total loan commitments 12,000 ¥ million 10,000 ¥ million Drawn borrowings 3,000 ¥ million 3,000 ¥ million Undrawn amount 9,000 ¥ million 7,000 ¥ million」
Total loan commitments decreased from ¥12 billion to ¥10 billion, and undrawn commitments decreased from ¥9 billion to ¥7 billion. Drawn borrowings, meanwhile, remained unchanged at ¥3 billion. - FY2023MitigatedAnnual report
「The Group's interest-bearing debt was ¥5,882 million, and it will continue to pursue flexible and stable working-capital funding while reducing interest costs.」
Interest-bearing debt decreased by ¥1,749 million year on year to ¥5,882 million, and the debt-equity ratio also declined from 0.13x to 0.09x. Loan commitments of ¥12 billion have also been maintained. - FY2023-Q3MitigatedAnnual report
「Total loan commitments 12,000 ¥ million Drawn borrowings 4,000 ¥ million Undrawn amount 8,000 ¥ million」
While maintaining total loan commitments of ¥12 billion, drawn borrowings decreased from ¥6.5 billion at the end of the previous fiscal year to ¥4 billion, and undrawn commitments increased from ¥5.5 billion to ¥8 billion. - FY2023-Q2MitigatedAnnual report
「Total loan commitments 12,000 ¥ million Drawn borrowings 6,500 ¥ million 6,000 ¥ million Undrawn amount 5,500 ¥ million 6,000 ¥ million」
While maintaining total loan commitments of ¥12 billion, drawn borrowings decreased from ¥6.5 billion to ¥6 billion, and undrawn commitments increased from ¥5.5 billion to ¥6 billion. - FY2023-Q1MitigatedAnnual report
「Total loan commitments 12,000 ¥ million 12,000 ¥ million Drawn borrowings 6,500 ¥ million 5,000 ¥ million Undrawn amount 5,500 ¥ million 7,000 ¥ million」
While maintaining total loan commitments of ¥12,000 million, drawn borrowings decreased from ¥6,500 million to ¥5,000 million, and undrawn commitments increased from ¥5,500 million to ¥7,000 million. Funding capacity is expanding. - FY2022-Q3RestatedAnnual report
「The Company has entered into loan commitment agreements with 5 banks to secure working capital flexibly and stably. The undrawn balance and other details at the end of the third quarter of the fiscal year are as follows. Total loan commitments 12,000 ¥ million Drawn borrowings 6,000 ¥ million Undrawn amount 6,000 ¥ million」
The Company has maintained total loan commitments of ¥12 billion with 5 banks, drawn borrowings of ¥6 billion and undrawn commitments of ¥6 billion since the end of the previous fiscal year. - FY2022-Q2RestatedAnnual report
「Total loan commitments ¥12,000 million Drawn borrowings ¥6,000 million Undrawn amount ¥6,000 million」
The Company has maintained, since the end of the previous consolidated fiscal year, total loan commitments of ¥12,000 million with 5 relationship banks, drawn borrowings of ¥6,000 million and an undrawn amount of ¥6,000 million, continuing the framework for flexible and stable funding. - FY2022-Q1RestatedAnnual report
「Total loan commitments ¥12,000 million Drawn borrowings ¥6,000 million Undrawn amount ¥6,000 million」
The Company has maintained total loan commitments of ¥12,000 million with 5 relationship banks, drawn borrowings of ¥6,000 million and an undrawn amount of ¥6,000 million, with no change to the framework for flexible and stable funding. - FY2021MitigatedAnnual report
「The Company has entered into a ¥12,000 million loan commitment agreement with 5 relationship banks, securing a flexible and stable source of funding.」
Total loan commitments expanded from ¥10,000 million to ¥12,000 million, and the undrawn amount was ¥6,000 million. Interest-bearing debt decreased slightly to ¥7,805 million. - FY2021-Q3MitigatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing. The undrawn borrowing commitments and other amounts as of the end of the third quarter of the fiscal year are as follows. Total loan commitments ¥10,000 million ¥12,000 million Drawn borrowings ¥6,000 million ¥3,000 million Undrawn amount ¥4,000 million ¥9,000 million」
Total loan commitments increased from ¥10,000 million to ¥12,000 million, while drawn borrowings decreased from ¥6,000 million to ¥3,000 million. The undrawn amount expanded from ¥4,000 million to ¥9,000 million, increasing funding capacity. - FY2021-Q2MitigatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing. The undrawn borrowing commitments and other amounts as of the end of the second quarter of the fiscal year are as follows. Total loan commitments ¥10,000 million ¥12,000 million Drawn borrowings ¥6,000 million ¥5,000 million Undrawn amount ¥4,000 million ¥7,000 million」
Total loan commitments increased from ¥10,000 million to ¥12,000 million, while drawn borrowings decreased from ¥6,000 million to ¥5,000 million. The undrawn amount expanded from ¥4,000 million to ¥7,000 million, increasing funding capacity. - FY2021-Q1RestatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing. The undrawn borrowing commitments and other amounts as of the end of the first quarter of the fiscal year are as follows.」
Total loan commitments were ¥10,000 million, drawn borrowings were ¥6,000 million, and the undrawn amount was ¥4,000 million, maintaining the same committed and undrawn facilities as at the end of the previous consolidated fiscal year. - FY2020-Q3MitigatedAnnual report
「Total loan commitments ¥10,000 million Drawn borrowings ¥6,000 million Undrawn amount ¥4,000 million」
While total loan commitments remained at ¥10,000 million, drawn borrowings decreased from ¥7,000 million at the end of the previous quarter to ¥6,000 million, and the undrawn amount increased from ¥3,000 million to ¥4,000 million. - FY2020-Q2WorsenedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing. The undrawn borrowing commitments and other amounts as of the end of the second quarter of the fiscal year are as follows.」
Total loan commitments remained at ¥10,000 million, but drawn borrowings increased from ¥6,000 million at the end of the previous consolidated fiscal year to ¥7,000 million, while the undrawn amount decreased from ¥4,000 million to ¥3,000 million. - FY2019-Q3MitigatedAnnual report
「Total loan commitments ¥10,000 million Drawn borrowings ¥6,000 million Undrawn amount ¥4,000 million」
While total loan commitments remained at ¥10,000 million, drawn borrowings decreased from ¥7,000 million at the end of the second quarter to ¥6,000 million, and the undrawn amount increased from ¥3,000 million to ¥4,000 million. - FY2019-Q2WorsenedAnnual report
「The undrawn borrowing commitments and other amounts as of the end of the second quarter of the fiscal year are as follows. Total loan commitments: ¥10,000 million; drawn borrowings: ¥7,000 million; undrawn amount: ¥3,000 million.」
Total loan commitments remained at ¥10,000 million, but drawn borrowings increased from ¥6,000 million at the end of the previous consolidated fiscal year to ¥7,000 million, while the undrawn amount decreased from ¥4,000 million to ¥3,000 million. - FY2019-Q1MitigatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing. The undrawn borrowing commitments and other amounts as of the end of the first quarter of the fiscal year are as follows. Total loan commitments ¥10,000 million Drawn borrowings ¥5,000 million Undrawn amount ¥5,000 million」
While total loan commitments remained at ¥10,000 million, drawn borrowings decreased from ¥6,000 million at the end of the previous consolidated fiscal year to ¥5,000 million, and the undrawn amount increased from ¥4,000 million to ¥5,000 million. - FY2018-Q3WorsenedAnnual report
「Total loan commitments ¥10,000 million Drawn borrowings ¥9,500 million Undrawn amount ¥500 million」
The total loan commitments remained at ¥10,000 million, but drawn borrowings increased from ¥6,000 million at the end of the previous consolidated fiscal year to ¥9,500 million, while the undrawn amount decreased from ¥4,000 million to ¥500 million. - FY2018-Q2WorsenedAnnual report
「Total loan commitments ¥10,000 million Drawn borrowings ¥7,000 million Undrawn amount ¥3,000 million」
The total loan commitments remained at ¥10,000 million, but drawn borrowings increased from ¥6,000 million to ¥7,000 million and the undrawn amount decreased from ¥4,000 million to ¥3,000 million. - FY2018-Q1MitigatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing. The undrawn borrowing commitments and other amounts as of the end of the first quarter of the fiscal year are as follows.」
The total loan commitments remained at ¥10,000 million, while drawn borrowings decreased from ¥6,000 million to ¥5,000 million and the undrawn amount increased from ¥4,000 million to ¥5,000 million. - FY2017MitigatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks and is reducing interest-bearing debt. Interest-bearing debt of the Company and its consolidated subsidiaries amounted to ¥9,289 million for the consolidated fiscal year.」
Interest-bearing debt declined from ¥10,711 million to ¥9,289 million, while the undrawn loan commitment amount increased from ¥3,000 million to ¥4,000 million. - FY2017-Q3RestatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing.」
The Company continues to have loan commitment agreements with 5 banks. The total amount is ¥10,000 million, drawn borrowings are ¥6,000 million, and the undrawn amount is ¥4,000 million, indicating the same funding capacity as in the previous quarter. - FY2017-Q2MitigatedAnnual report
「The Company has entered into loan commitment agreements with 5 relationship banks to secure flexible and stable working capital financing. The undrawn borrowing commitments and other amounts as of the end of the second quarter of the fiscal year are as follows.」
The total loan commitments remained unchanged at ¥10,000 million, while the undrawn amount increased from ¥3,000 million to ¥4,000 million, expanding funding capacity. - FY2016First statedAnnual report
「Interest-bearing debt of the Company and its consolidated subsidiaries amounted to ¥10,711 million for the consolidated fiscal year. The Company aims to secure flexible and stable working capital financing and reduce interest costs, but depending on future sales and interest-rate trends, financial income and expenses may deteriorate and affect business performance and financial condition.」
Loan commitment agreements with 5 relationship banks are identified as a measure to stabilise funding.