Impact of Interest-Bearing Debt and Interest Rate Fluctuations on Operating Performance
First written in FY2017. 11 of 20 entries say "Worsened", first in FY2022. Latest entry: FY2027-H1.
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
- FY2027-H1MitigatedAnnual report
「Non-current liabilities decreased by ¥830 million from the end of the previous consolidated fiscal year to ¥46,690 million. The main factor was a ¥468 million decrease in long-term borrowings, among other factors.」
Non-current liabilities and long-term borrowings declined from the end of the previous consolidated fiscal year, reducing borrowing exposure. - 2026-07-10WorsenedEarnings
「Long-term borrowings due within 1 year 10,152 11,432」
Long-term borrowings due within 1 year increased. Long-term borrowings also increased from ¥31,508 million to ¥33,643 million. - FY2026WorsenedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥43,700 million, representing 19.7% of consolidated total assets. Of this amount, long-term borrowings were ¥41,661 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited.」
Interest-bearing debt increased from ¥34,514 million in the previous fiscal year to ¥43,700 million, while long-term borrowings increased from ¥31,697 million to ¥41,661 million. - 2026-04-10WorsenedEarnings
「This was mainly attributable to a ¥2,220 million increase in long-term borrowings due within 1 year, among other factors.」
Long-term borrowings due within 1 year and long-term borrowings increased, expanding borrowing exposure. - FY2026-H1WorsenedAnnual report
「Current portion of long-term borrowings 7,931 9,777 Long-term borrowings 26,520 28,910」
The current portion of long-term borrowings and long-term borrowings increased from the end of the previous consolidated fiscal year, expanding borrowing exposure. - FY2025-H1WorsenedAnnual report
「Non-current liabilities increased by ¥2,129 million from the end of the previous consolidated fiscal year to ¥41,083 million. This was mainly due to a ¥2,215 million increase in long-term borrowings, among other factors.」
Non-current liabilities and long-term borrowings increased from the end of the previous consolidated fiscal year, expanding borrowing exposure. - FY2025-Q1WorsenedAnnual report
「Current portion of long-term borrowings 7,445 7,441 Long-term borrowings 24,252 26,221」
The combined current portion of long-term borrowings and long-term borrowings increased from ¥31,697 million at the end of the previous consolidated fiscal year to ¥33,662 million, updating the borrowing exposure. - FY2024MitigatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥34,514 million, representing 18.7% of consolidated total assets. Of this amount, long-term borrowings were ¥31,697 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited.」
Interest-bearing debt declined from ¥35,831 million in the previous fiscal year to ¥34,514 million, and long-term borrowings declined from ¥32,327 million to ¥31,697 million, reducing debt exposure. - FY2024-Q3MitigatedAnnual report
「Current portion of long-term borrowings 7,273 6,994 Long-term borrowings 25,054 24,656」
The combined current portion of long-term borrowings and long-term borrowings declined from ¥32,327 million at the end of the previous consolidated fiscal year to ¥31,650 million, reducing borrowing exposure. - FY2024-Q2WorsenedAnnual report
「Current portion of long-term borrowings 7,273 7,100 Long-term borrowings 25,054 25,551」
The combined current portion of long-term borrowings and long-term borrowings increased from ¥32,327 million at the end of the previous consolidated fiscal year to ¥32,651 million, updating the borrowing exposure. - FY2024-Q1MitigatedAnnual report
「Current portion of long-term borrowings 7,273 7,130 Long-term borrowings 25,054 23,341」
The current portion of long-term borrowings and long-term borrowings declined from the end of the previous consolidated fiscal year, reducing interest-bearing debt exposure. - FY2023WorsenedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥35,831 million, representing 21.2% of consolidated total assets. Of this amount, long-term borrowings were ¥32,327 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited. However, a sharp rise in interest rates could affect the performance of the Company and its group.」
Interest-bearing debt increased from ¥29,699 million to ¥35,831 million, and its ratio to total assets increased from 19.4% to 21.2%, updating the debt exposure. - FY2023-Q3WorsenedAnnual report
「Short-term borrowings 500 — Current portion of long-term borrowings 6,296 6,684 Long-term borrowings 21,828 22,365」
Short-term borrowings declined from ¥500 million to zero, while the current portion of long-term borrowings and long-term borrowings increased, bringing total long-term borrowings from ¥28,124 million at the end of the previous consolidated fiscal year to ¥29,049 million. - FY2023-Q2WorsenedAnnual report
「Short-term borrowings 500 — Current portion of long-term borrowings 6,296 6,837 Long-term borrowings 21,828 24,009」
Compared with the end of the previous consolidated fiscal year, short-term borrowings declined from ¥500 million to zero, while the current portion of long-term borrowings increased to ¥6,837 million and long-term borrowings increased to ¥24,009 million, indicating increased borrowing exposure. - FY2022WorsenedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥29,699 million, representing 19.4% of consolidated total assets. Of this amount, long-term borrowings were ¥28,124 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited. However, a sharp rise in interest rates could affect the performance of the Company and its group.」
Interest-bearing debt was ¥29,699 million, or 19.4% of total assets, including ¥28,124 million in long-term borrowings, indicating increased debt exposure from the previous fiscal year. - FY2021MitigatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥22,003 million, representing 16.1% of consolidated total assets. Of this amount, long-term borrowings were ¥19,223 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited. However, a sharp rise in interest rates could affect the performance of the Company and its group.」
Interest-bearing debt and its ratio to total assets declined from ¥23,812 million and 18.9% in the previous fiscal year to ¥22,003 million and 16.1%, respectively, while the risk of a sharp rise in interest rates remains. - FY2020RestatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥23,812 million, representing 18.9% of consolidated total assets. Of this amount, long-term borrowings were ¥19,894 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited. However, a sharp rise in interest rates could affect the performance of the Company and its group.」
The balances of interest-bearing debt, the ratio to total assets and long-term borrowings were updated. The impact is considered relatively limited because the borrowings are primarily at fixed interest rates, while the risk of a sharp rise in interest rates remains. - FY2019RestatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥22,487 million, representing 19.4% of consolidated total assets. Of this amount, long-term borrowings were ¥17,362 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited. However, a sharp rise in interest rates could affect the performance of the Company and its group.」
The balances of interest-bearing debt, the ratio to total assets and long-term borrowings were updated. The impact is considered relatively limited because the borrowings are primarily at fixed interest rates, while the risk of a sharp rise in interest rates remains. - FY2018RestatedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥21,673 million, representing 20.3% of consolidated total assets. Of this amount, long-term borrowings were ¥16,826 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited. However, a sharp rise in interest rates could affect the performance of the Company and its group.」
The balances of interest-bearing debt, the ratio to total assets and long-term borrowings were updated. The impact is considered relatively limited because the borrowings are primarily at fixed interest rates, while the risk of a sharp rise in interest rates remains. - FY2017First statedAnnual report
「As of the end of the consolidated fiscal year, interest-bearing debt stood at ¥21,045 million, representing 21.2% of consolidated total assets. Of this amount, long-term borrowings were ¥17,190 million, including amounts due for repayment within one year. As these borrowings are primarily at fixed interest rates, the impact of interest-rate fluctuations is considered relatively limited. However, a sharp rise in interest rates could affect the performance of the Company and its group.」
Interest-bearing debt was ¥21,045 million, or 21.2% of total assets, including ¥17,190 million in long-term borrowings; the risk of a sharp rise in interest rates is disclosed.