Hedging the Risk of Fluctuations in Borrowing Rates with Interest Rate Swaps
First written in FY2016. 1 of 9 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2025: 13 of 67 companies on the "Worse" side.
33 other companies' latest entry also says "Other".
- FY2026Interest rate swap notional amount decreased to ¥10 millionAnnual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 10,000」
The notional amount of interest rate swaps hedging interest rate risk decreased from ¥38 million in the previous fiscal year to ¥10 million. - FY2025Interest rate swap contract amount decreasedAnnual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 38,000」
The notional amount of interest rate swaps hedging interest rate risk decreased from ¥66 million in the previous fiscal year to ¥38 million. - FY2024The interest rate swap notional amount decreased further.Annual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 66,000」
The notional amount of interest rate swaps hedging interest rate risk decreased from ¥144 million in the previous fiscal year to ¥66 million. - FY2023The interest rate swap notional amount decreased further.Annual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 144,000」
The notional amount of interest rate swaps hedging interest rate risk decreased from ¥300.5 million in the previous fiscal year to ¥144 million. - FY2022Interest rate swap contract amount decreasedAnnual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 300,500」
The notional amount of interest rate swaps used to hedge floating-rate borrowings decreased from ¥529.5 million in the previous fiscal year to ¥300.5 million. - FY2021Interest rate swap contract amount decreasedAnnual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 529,500」
The notional amount of interest rate swaps used to hedge floating-rate borrowings was ¥529.5 million, down from ¥671.5 million in the previous fiscal year. - FY2018AdvancedAnnual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 1,004,166」
The notional amount of interest rate swaps hedging interest rate risk on floating-rate borrowings increased from ¥705 million in the previous fiscal year to ¥1,004.166 million. - FY2017Interest rate swap notional amount increasedAnnual report
「Interest rate swap transactions Fixed payments/variable receipts Long-term borrowings 705,000」
The notional amount of interest rate swaps used to hedge floating-rate borrowings increased from ¥639.333 million in the previous fiscal year to ¥705 million. - FY2016First statedAnnual report
「We enter into interest rate swap transactions and similar contracts solely to hedge the risk of fluctuations in interest payments on borrowings.」
A measure intended to fix interest payments on floating-rate borrowings, rather than for speculative purposes.