Hedging Interest Rate Fluctuation Risk on Borrowings Through Interest Rate Swaps
First written in FY2017. 2 of 8 entries say "Advanced", first in FY2019. Latest entry: FY2025.
The whole theme swung hardest in 2025: 13 of 68 companies on the "Worse" side.
34 other companies' latest entry also says "Other".
- FY2025Update of interest rate swap contract amountsAnnual report
「Interest rate swap transactions Receive floating, pay fixed Long-term borrowings 24,725 18,622 210」
Interest rate swap contract amounts to avoid interest rate fluctuation risk were ¥24,725 million, of which ¥18,622 million had maturities exceeding 1 year. - FY2024Update of interest rate swap contract amountsAnnual report
「Interest rate swap transactions Receive floating, pay fixed Long-term borrowings 52,639 24,735 △550」
Interest rate swap contract amounts to avoid interest rate fluctuation risk were ¥52,639 million, of which ¥24,735 million had maturities exceeding 1 year. - FY2023Update of interest rate swap contract amountsAnnual report
「Interest rate swap transactions Receive floating, pay fixed Long-term borrowings 57,458 52,639 △1,238」
Interest rate swap contract amounts to avoid interest rate fluctuation risk were ¥57,458 million, of which ¥52,639 million had maturities exceeding 1 year. - FY2022Update of interest rate swap contract amountsAnnual report
「Interest rate swap transactions Receive floating, pay fixed Long-term borrowings 72,747 57,458 △2,187」
The company continued to use interest rate swaps to avoid interest rate fluctuation risk. Contract amounts were ¥72,747 million, of which ¥57,458 million had maturities exceeding 1 year. - FY2021AdvancedAnnual report
「The company is raising long-term financing for some borrowings related to capital expenditures and using measures such as interest rate swaps to avoid excessive exposure to interest rate fluctuation risk.」
The company continued to avoid interest rate fluctuation risk through interest rate swaps. Contract amounts were ¥84,693 million, of which ¥72,577 million had maturities exceeding 1 year. - FY2020RestatedAnnual report
「The company is raising long-term financing for some borrowings related to capital expenditures and using measures such as interest rate swaps to avoid excessive exposure to interest rate fluctuation risk.」
The company continued to demonstrate its use of long-term financing and interest rate swaps for borrowings related to capital expenditures to avoid interest rate fluctuation risk. - FY2019AdvancedAnnual report
「The company is also raising long-term financing for some borrowings related to capital expenditures and using measures such as interest rate swaps to avoid excessive exposure to interest rate fluctuation risk.」
The company continued to hedge with interest rate swaps and reported contract amounts of ¥75,630 million at the end of the current fiscal year, of which ¥71,354 million had maturities exceeding 1 year. - FY2017First statedAnnual report
「Derivatives are used to hedge the risk of fluctuations in interest rates on borrowings, and no speculative transactions are conducted.」
The company stated its policy of using interest rate swaps for floating-rate borrowings to avoid the risk of fluctuations in interest payments and not entering into transactions for speculative purposes.