Risk of Higher Funding Rates and Credit Downgrades
First written in FY2016. 23 of 24 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 12 of 54 companies on the "Worse" side.
35 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If market interest rates rise or the company's rating is downgraded by a credit-rating agency, funding costs may increase, potentially affecting the Group's operating performance and financial position.」
The company continues to identify the risk of higher borrowing costs resulting from rising interest rates or a credit-rating downgrade. - FY2026-H1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the six-month consolidated accounting period. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from higher borrowing rates or a credit-rating downgrade. - FY2023-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2023-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2023-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2022-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2022-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2022-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2021-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2021-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2020-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2020-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2020-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from higher borrowing rates or a credit-rating downgrade. - FY2019RestatedAnnual report
「Although the company is working to reduce interest-bearing debt, including by targeting an improvement in the net interest-bearing debt/EBITDA ratio under its medium-term management plan, if market interest rates rise or the company's rating is downgraded by a credit-rating agency, funding costs may increase, potentially affecting the Group's operating performance and financial position.」
While working to reduce interest-bearing debt, the company continues to identify the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2019-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from higher borrowing rates or a credit-rating downgrade. - FY2019-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from higher borrowing rates or a credit-rating downgrade. - FY2019-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from higher borrowing rates or a credit-rating downgrade. - FY2018-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from higher borrowing rates or a credit-rating downgrade. - FY2018-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from higher borrowing rates or a credit-rating downgrade. The statement itself contains no quantification or evidence that the risk has materialized. quantified is false, and materialized is false. - FY2018-Q1RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative first quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2017RestatedAnnual report
「Although the company is working to reduce interest-bearing debt, including by targeting an improvement in the net interest-bearing debt/EBITDA ratio under its medium-term management plan, if market interest rates rise or the company's rating is downgraded by a credit-rating agency, funding costs may increase, potentially affecting the Group's operating performance and financial position.」
While working to reduce interest-bearing debt, the company reconfirms the risk of higher funding costs resulting from rising market interest rates or a credit-rating downgrade. - FY2017-Q3RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative third quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2017-Q2RestatedAnnual report
「There were no newly arising material risks related to the business or other matters during the cumulative second quarter. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company summarizes that there have been no material changes concerning the risk of higher funding costs resulting from rising interest rates or a credit-rating downgrade. - FY2016First statedAnnual report
「If market interest rates rise or the company's rating is downgraded by a credit-rating agency, funding costs may increase, potentially affecting the Group's operating performance and financial position.」
While working to reduce interest-bearing debt, the company identifies higher funding costs resulting from rising interest rates or a credit-rating downgrade as a risk.