Investor Presentaiton
Financial Strategy and Credit Ratings (2)
Change in Period-End Weighted Average Interest Rate and Duration of Long-Term Debt
2.0%
N
Nippon
Accommodations
Fund
-- Weighted average interest rate (left axis) Duration of long-term debt (right axis)
(Years)
6
5
1.50% 1.46% 1.44%
1.38%
4.9 4.9
1.5%
1.28% 1.25% 1.24%
4.8
4.7
4.6
4.6
4
4.3
1.11% 1.09%
4.2
4.3 4.2
4.2 4.4
4.4
1.02%
0.95%
0.87% 0.85% 0.84%
3
1.0%
4.7 4.9
--
4.8
4.1 4.2
0.78% 0.76%0.72% 0.67% 0.63% 0.61% 0.59%0.57%0.55%0.54% 0.52% 0.51% 0.49%
0.48%
0.48% 2
3.4
3.3
3.4
3.4
4.3
0.5%
3.1
4.3
2.7 2.8 2.7
1
0.0%
0
7th
8th 9th 10th 11th 12th 13th 14th 15th 16th 17th 18th 19th 20th 21st 22nd 23rd 24th 25th 26th 27th 28th 29th 30th 31st 32nd 33rd 34th 35th
Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period
Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug.
2009 2010 2010 2011 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019
2020 2021 2021 2022 2022 2023 2023
2020
Long-Term Interest-Bearing Debt Maturity Ladder
(JPY billion)
16
Long-term loans
Investment Corporation Bonds
Funded in the 35th Period (loans)
14
12
35th Period Maturities (Long-Term)
Repayment total
Average interest rate
JPY 11.5 billion
0.65%
Average maturity
7.7 years
10
8
6
1.5
2.0
13.0
8.5
11.0 10.5
2.0
4
8.5
7.0
6.0
2
2.0
9.5
9.5 3.0
6.0
5.0
8.5
8.0
8.0
7.0 7.0
7.0
2.0
2.0
1.0
36th
37th
38th
39th
40th
41st
42nd
43rd
44th
45th
46th
47th
48th
49th
50th
51st
Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period Period
Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb.
Aug. Feb.
2024 2024 2025 2025 2026 2026 2027 2027 2028
2030 2031
Aug.
Feb. Aug. Feb.
2028 2029 2029 2030
Aug.
2031
о
Average
interest rate
2.0
35th Period Funding (Long-Term)
Funding total
JPY 10.5 billion
Average interest rate
0.71%
Average maturity
6.8 years
2.0
3.0
2.0
1.0
62nd
63rd
52nd 53rd 54th 55th 56th 57th 58th 59th 60th 61st
Period Period Period: Period Period Period Period Period Period Period Period Period
Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug.
2032 2032 2033 2033 2034 2034
2035 2036 2036 2037 2037
0.59% 1.12% 0.33% 0.48% 0.25% 0.29% 0.41% 0.35% 0.26% 0.34% 0.38% 0.49% 0.67% 0.49% 0.56% 0.56% 0.52% 0.52% 0.93% 0.88%
* Average interest rate is a weighted average of the interest rates on long-term interest-bearing debt.
2035
0.68%
* Average maturity is a weighted average of the maturities of long-term interest-bearing debt.
17View entire presentation