Interest-rate fluctuation risk on borrowings
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 30 of 96 companies on the "Worse" side.
- FY2024WorsenedAnnual report
「Our Group uses borrowings to fund part of the capital required for its business operations. We manage the financial risks associated with borrowings based on a capital structure that we consider appropriate. However, if funding costs rise sharply due to changes in economic conditions or other factors, this may affect our business performance.」
Explicitly described the existing interest rate fluctuation risk as the risk of an impact on business performance from a sharp increase in funding costs, and cited monitoring interest rate conditions and flexibly operating hedging instruments as countermeasures. - FY2020RestatedAnnual report
「Although we seek to mitigate interest rate risk by entering into certain interest rate swap transactions, significant interest rate fluctuations could affect our Group's results.」
Continued to disclose interest rate fluctuation risk while implementing mitigation measures through interest rate swaps. - FY2019RestatedAnnual report
「Although we seek to mitigate interest rate risk by entering into certain interest rate swap transactions, significant interest rate fluctuations could affect our Group's results.」
Interest rate risk continued to be disclosed, while mitigation measures using interest rate swaps are in place. - FY2018First statedAnnual report
「Although we seek to mitigate interest rate risk by entering into certain interest rate swap transactions, significant interest rate fluctuations could affect our Group's results.」
Interest rate risk associated with borrowings from financial institutions was described, while mitigation measures using interest rate swaps are in place.