Variable-rate borrowings, financing and liquidity risk
First written in FY2016. 28 of 32 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 18 of 34 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily intended to finance capital expenditures. Some of these obligations are exposed to interest rate fluctuation risk because they bear variable interest rates.」
The risks associated with borrowings and leases for capital expenditure financing and interest rate fluctuations arising from variable interest rates are being reconfirmed. - FY2026-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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - 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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - FY2024RestatedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily intended to finance capital expenditures. Some of these obligations are exposed to interest rate fluctuation risk because they bear variable interest rates.」
The risks associated with borrowings and leases for capital expenditure financing and interest rate fluctuations arising from variable interest rates are being reconfirmed. - FY2024-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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - FY2024-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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - FY2023RestatedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily intended to finance capital expenditures. Some of these obligations are exposed to interest rate fluctuation risk because they bear variable interest rates.」
The risks associated with borrowings and leases for capital expenditure financing and interest rate fluctuations arising from variable interest rates are being reconfirmed. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no occurrences of the principal risks that management recognised as potentially having a material impact on the financial condition, operating results or cash flows of the consolidated companies, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year, among the matters relating to the business and accounting conditions described in the quarterly report.」
No material changes are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - 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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - 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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - FY2022MitigatedAnnual report
「During the fiscal year, short-term borrowings decreased substantially as the company focused particularly on analysing and adjusting funding needs within the consolidated group and improving funding efficiency.」
By analysing and adjusting funding needs within the group, the company improved funding efficiency, reducing short-term borrowings from ¥1,180 million to ¥30 million and long-term borrowings from ¥3,569 million to ¥3,078 million. - 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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - FY2022-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 are reported in the principal risks related to variable-rate borrowings, financing and liquidity. - FY2021MitigatedAnnual report
「These changes during the fiscal year resulted from shifting the maturity profile of financing from short term to long term in preparation for financing risk, in light of the impact of COVID-19 on economic activity, while managing funds efficiently and flexibly, which reduced total borrowings overall.」
The disclosure states that, in preparation for financing risk, the company proceeded with a shift from short-term to long-term borrowings, reducing total borrowings overall. - FY2021-Q2MitigatedAnnual report
「Primarily in preparation for difficulties in securing necessary funds due to financial market turmoil caused by the spread of COVID-19 and other factors, the company proceeded with a shift from short-term to long-term financing. Although borrowings increased, payments including dividends resulted in a cash outflow of ¥31 million.」
The disclosure states that, in preparation for the risk of difficulties in securing funds due to financial market turmoil and other factors, the company proceeded with a shift from short-term to long-term financing. - 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 are reported in the risks related to variable-rate borrowings, financing and liquidity. - FY2020RestatedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily intended to finance capital expenditures. Some of these obligations are exposed to interest rate fluctuation risk because they bear variable interest rates.」
The risks associated with borrowings and leases for capital expenditure financing and interest rate fluctuations arising from variable interest rates are being reconfirmed. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
No material changes are reported in the risks related to variable-rate borrowings, financing and liquidity. - FY2020-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risks related to variable-rate borrowings, financing and liquidity. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the prior fiscal year's risks related to variable-rate borrowings, financing and liquidity. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
No material changes are reported in the prior fiscal year's business and other risks related to variable-rate borrowings, financing and liquidity. - FY2019-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the prior fiscal year's risks related to variable-rate borrowings, financing and liquidity. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risks related to variable-rate borrowings, financing and liquidity. - FY2018RestatedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily intended to finance capital expenditures. Some of these obligations are exposed to interest rate fluctuation risk because they bear variable interest rates.」
The risks associated with borrowings and leases for capital expenditure financing and interest rate fluctuations arising from variable interest rates are being reconfirmed. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
No material changes are reported in the risks related to variable-rate borrowings, financing and liquidity. - FY2018-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risks related to variable-rate borrowings, financing and liquidity. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the prior fiscal year's risks related to variable-rate borrowings, financing and liquidity. - FY2017RestatedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily intended to finance capital expenditures, and have repayment dates ranging from after the balance sheet date to a maximum of 9 years thereafter. Some of these obligations are exposed to interest rate fluctuation risk because they bear variable interest rates.」
The risks associated with borrowings and leases for capital expenditure financing, repayment periods of up to 9 years and variable interest rates are restated. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」
No material changes are reported in the prior fiscal year's risks related to variable-rate borrowings, financing and liquidity. - FY2017-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the prior fiscal year's risks related to variable-rate borrowings, financing and liquidity. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new matters among those relating to the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the prior fiscal year's risk items, including borrowings, interest rate fluctuations and financing. - FY2016First statedAnnual report
「Borrowings and lease obligations related to finance lease transactions are primarily intended to finance capital expenditures, and have repayment dates ranging from after the balance sheet date to a maximum of 9 years thereafter. Some of these obligations are exposed to interest rate fluctuation risk because they bear variable interest rates.」
The disclosure describes borrowings and leases for capital expenditure financing, with repayment periods of up to 9 years and interest rate risk arising from variable interest rates.