Interest-Rate Fluctuation Risk Associated with Reliance on Borrowings
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 13 of 59 companies on the "Worse" side.
93 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Some of the funds invested in the group's business activities are sourced from borrowings from financial institutions, and changes in interest rates may affect the group's operating results and financial position.」
The group is reaffirming the risk of interest rate fluctuations associated with borrowings. - FY2020RestatedAnnual report
「Some of the funds invested in the group's business activities are sourced from borrowings from financial institutions, and changes in interest rates may affect its operating results and financial position.」
The group reiterates the risk of interest rate fluctuations associated with investment funds sourced from borrowings. - FY2019RestatedAnnual report
「Changes in interest rates may affect the group's operating results and financial position.」
The group reiterates the risk of interest rate fluctuations associated with investment funds sourced from borrowings. - FY2016First statedAnnual report
「Because the funds invested in the group's business activities depend on borrowings from financial institutions, changes in interest rates may affect its operating results and financial position.」
The group uses interest rate swaps to hedge, within a certain range, fluctuations in cash flows resulting from changes in interest rates on borrowings.