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)
1.50%
1.46% 1.44%
1.38%
1.5%
1.28% 1.25% 1.24%
1.11% 1.09%
1.02%
0.95%
0.87% 0.85% 0.84%
1.0%
4.7 4.9
4.8
4.1
4.2
0.5%
3.1
3.4 3.3 3.4
3.4
4.3
4.3
2.7 2.8 2.7
(Years)
6
5
4.9 4.9
4.6
4.8
4.3
4.6
4.2
4.3 4.2
4.2 4.4
4.4
4
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%
3
0.48% 2
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
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.
2009 2010 2010 2011 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 2022 2022 2023
Long-Term Interest-Bearing Debt Maturity Ladder
(JPY billion)
16
Long-term loans
Investment Corporation Bonds
Funded in the 34th Period (loans)
14
12
10
8.0
34th Period Maturities (Long-Term)
Repayment total
JPY 11.0 billion
Average interest rate
0.72%
Average maturity
7.7 years
34th Period Funding (Long-Term)
8
6
11.5
8.5
11.0 10.5
4
8.5
7.0
6.0
9.5
9.5
6.0
8.0
8.0
5.0 8.5
7.0 7.0
7.0
5.0
Funding total
JPY 11.0 billion
Average interest rate
0.56%
Average maturity
5.7 years
2
2.0
2.0
2.0
2.0
3.0
2.0
1.0
1.0
0
35th 36th 37th 38th 39th 40th 41st 42nd 43rd
Period Period Period Period Period Period Period Period Period
Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug.
2023 2024 2024 2025 2025 2026 2026 2027 2027
44th 45th 46th 47th 48th 49th 50th 51st 52nd 53rd 54th 55th 56th
Period Period Period Period Period Period Period Period Period Period Period Period Period
Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb. Aug. Feb.
2028 2028 2029 2029 2030 2030 2031 2031 2032 2032 2033
2033
2034
57th 58th 59th 60th 61st 62nd 63rd
Period Period Period Period Period Period Period
Aug. Feb. Aug. Feb Aug. Feb. Aug.
2034 2035 2035 2036 2036 2037 2037
Average
0.65% 0.59% 1.12% 0.33% 0.48% 0.25% 0.29% 0.41% 0.32% 0.26% 0.36% 0.38% 0.49% 0.41% 0.49% 0.56% 0.52% 0.52% 0.52% 0.93% 0.71%
-
0.68%
interest rate
* Average interest rate is a weighted average of the interest rates on long-term interest-bearing debt.
* Average maturity is a weighted average of the maturities of long-term interest-bearing debt.
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