Hedging Interest Rate Risk Using Interest Rate Swaps
First written in FY2017. 1 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 13 of 59 companies on the "Worse" side.
93 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company uses derivative transactions to avoid interest rate fluctuation risk related to liabilities. The company has a policy of not engaging in derivative transactions for speculative purposes.」
The policy of using interest rate swaps and other instruments to address interest rate fluctuation risk, while not engaging in transactions for speculative purposes, has continued. - FY2022No interest rate swap transactions at period-endAnnual report
「Fiscal year (31 March 2022) There were no applicable matters.」
Although the hedging policy for avoiding interest rate fluctuation risk has been maintained, there were no derivative transactions subject to hedge accounting at the end of the fiscal year. - FY2019Interest rate swap transaction recordedAnnual report
「Special treatment for interest rate swaps Interest rate swap transaction Receive floating, pay fixed Long-term borrowings 1,500 1,500」
Although there were no applicable transactions at the end of the previous fiscal year, an interest rate swap transaction covering ¥1,500 million in long-term borrowings was disclosed at the end of the current fiscal year. - FY2018No interest rate swap transactions at period-endAnnual report
「The company uses derivative transactions to avoid interest rate fluctuation risk related to liabilities. The company has a policy of not engaging in derivative transactions for speculative purposes.」
Although the hedging policy using interest rate swaps has been maintained, the company stated that there were no derivative transactions subject to hedge accounting at the end of the fiscal year. - FY2017First statedAnnual report
「The company uses derivative transactions to avoid interest rate fluctuation risk related to liabilities. The company has a policy of not engaging in derivative transactions for speculative purposes.」
The use of interest rate swaps to address interest rate fluctuation risk on borrowings, under a hedging policy that excludes speculative purposes, was confirmed as a standalone topic for the first time.