Risk from Fluctuations in Borrowing Rates
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 13 of 59 companies on the "Worse" side.
93 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We raise funds at fixed interest rates. If we raise funds at floating rates, we will be exposed to the risk of fluctuations, which we plan to hedge through derivatives transactions.」
The company has reconfirmed its policy of generally raising funds at fixed rates and hedging with interest rate swaps and other instruments when using floating rates. - FY2021RestatedAnnual report
「We raise funds at fixed interest rates. If we raise funds at floating rates, we will be exposed to the risk of fluctuations, which we plan to hedge through derivatives transactions.」
The company has reiterated its policy of generally raising funds at fixed rates and hedging with interest rate swaps and other instruments when using floating rates. - FY2019RestatedAnnual report
「We raise funds at fixed interest rates. If we raise funds at floating rates, we will be exposed to the risk of fluctuations, which we plan to hedge through derivatives transactions.」
The company has reiterated its policy of generally raising funds at fixed rates and hedging with interest rate swaps and other instruments when using floating rates. - FY2018RestatedAnnual report
「We raise funds at fixed interest rates. If we raise funds at floating rates, we will be exposed to the risk of fluctuations, which we plan to hedge through derivatives transactions.」
The company has reiterated its policy of generally raising funds at fixed rates and hedging with interest rate swaps and other instruments when using floating rates. - FY2017First statedAnnual report
「We raise funds at fixed interest rates. If we raise funds at floating rates, we will be exposed to the risk of fluctuations, which we plan to hedge through derivatives transactions.」
The company recognizes the risk of fluctuations in borrowing rates and has indicated a policy of hedging with interest rate swaps and other instruments when raising funds at floating rates.