Interest Rate Risk on Interest-Bearing Debt
First written in FY2018. 4 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 26 of 105 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「If borrowing or refinancing becomes difficult because of turmoil in financial markets, an economic downturn or changes in financial institutions' lending stance, or if interest expense increases due to a rapid rise in market interest rates, deterioration in profitability and cash management may affect the Group's business performance and financial position.」
In addition to the existing interest rate fluctuation risk, the company explicitly identifies difficulty in borrowing and refinancing and increased interest expense caused by a sharp rise in market interest rates. - FY2025RestatedAnnual report
「The Group is exposed to interest rate fluctuation risk on interest-bearing debt and other liabilities, and such fluctuations may affect its business performance, financial position and other matters.」
The company continues to address the interest rate fluctuation risk on interest-bearing debt and financing needs by maintaining relationships with its relationship banks. - FY2024RestatedAnnual report
「The Group is exposed to interest rate fluctuation risk on interest-bearing debt and other liabilities, and such fluctuations may affect its business performance, financial position and other matters.」
The company continues to address the interest rate fluctuation risk on interest-bearing debt and financing needs by maintaining relationships with its relationship banks. - FY2022RestatedAnnual report
「To obtain equipment and working capital flexibly and stably, the Group maintains good relationships with its relationship banks and takes steps to avoid disruption to necessary financing.」
The company continues to address financing needs by maintaining relationships with its relationship banks. - FY2021MitigatedAnnual report
「To obtain equipment and working capital flexibly and stably, the Group maintains good relationships with its relationship banks and takes steps to avoid disruption to necessary financing.」
The company describes its response to financing risks, including interest rate fluctuations, by maintaining relationships with its relationship banks. - FY2019RestatedAnnual report
「The Group is exposed to interest rate fluctuation risk on interest-bearing debt and other liabilities, and such fluctuations may affect its business performance, financial position and other matters.」
The company reiterates the risk that interest rate fluctuations on interest-bearing debt and other liabilities may affect business performance and financial position. - FY2018First statedAnnual report
「The Group is exposed to interest rate fluctuation risk on interest-bearing debt and other liabilities, and such fluctuations may affect its business performance, financial position and other matters.」
The company identifies the possibility that interest rate fluctuations on interest-bearing debt and other liabilities may affect business performance and financial position as a risk.