Interest Rate Volatility Risk from Variable-Rate Borrowings
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 13 of 59 companies on the "Worse" side.
93 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Borrowings and corporate bonds with variable interest rates are exposed to interest rate risk. To mitigate this risk for some of these instruments, the company uses derivatives, specifically interest rate swaps, to fix interest payments.」
Measures to address variable interest rate risk by fixing interest payments through interest rate swaps continue. - FY2023RestatedAnnual report
「Borrowings and corporate bonds with variable interest rates are exposed to interest rate risk. To mitigate this risk for some of these instruments, the company uses derivatives, specifically interest rate swaps, to fix interest payments.」
Measures to address variable interest rate risk by fixing interest payments through interest rate swaps continue. - FY2021RestatedAnnual report
「Borrowings and corporate bonds with variable interest rates are exposed to interest rate risk. To mitigate this risk for some of these instruments, the company uses derivatives, specifically interest rate swaps, to fix interest payments.」
Measures to address variable interest rate risk by fixing interest payments through interest rate swaps continue. - FY2017First statedAnnual report
「Borrowings and corporate bonds with variable interest rates are exposed to interest rate risk. To mitigate this risk for some of these instruments, the company uses derivatives, specifically interest rate swaps, to fix interest payments.」
The company disclosed its response to interest rate risk on variable-rate borrowings and corporate bonds by fixing interest payments through interest rate swaps.