Investor Presentaiton
Financial Status (Status of Interest-Bearing Liabilities)
Interest-Bearing Liabilities
Breakdown of Interest-Bearing Liabilities
(as of the end of August 2023)
MTR
Classi-
Balance of
Lender
(%)
fication
borrowings
Feb. 28,
2023
Mar. 1,
2023
Aug. 31,
2023
Loans
Mizuho Bank, Ltd.
48,500
21.6%
Change vs. Mar. 1
Sumitomo Mitsui Banking
43,000
19.2%
Corporation
Total interest-bearing liabilities
152,500
225,975
224,500
-1,475
Sumitomo Mitsui Trust Bank,
28,500
12.7%
Limited
Short-term loans
6,000
11,475
10,000
-1,475
MUFG Bank, Ltd.
23,500
10.5%
Development Bank of Japan
16,500
7.3%
Inc.
Long-term loans
132,500
200,500
200,500
Resona Bank, Limited.
8,500
3.8%
Aozora Bank, Ltd.
6,500
2.9%
Investment corporation bonds
14,000
14,000
14,000
The Bank of Fukuoka, Ltd.
5,500
2.4%
The Norinchukin Bank
4,500
2.0%
LTV (Loan To Value ratio)
47.3%
48.0%
47.4%
-0.5pt
Mizuho Trust & Banking co.,
4,500
2.0%
Ltd.
Short-term interest-bearing liabilities rati
Long-term interest-bearing liabilities rati
3.9%
5.1%
4.5%
-0.6pt
Shinkin Central Bank
4,000
1.8%
The Nishi-Nippon City Bank,
3,500
1.6%
96.1%
94.9%
95.5%
0.6pt
Ltd.
SBI Shinsei Bank, Limited
2,000
0.9%
Fixed interest-bearing liabilities ratio
96.1%
94.9%
95.5%
0.6pt
The Ashikaga Bank, Ltd.
2,000
0.9%
The 77 Bank, Ltd.
2,000
0.9%
Average interest rate at end of fiscal
Nippon Life Insurance Company
2,000
0.9%
0.52%
0.55%
0.57%
0.02pt
period and beginning of fiscal period
Mitsui Sumitomo Insurance
2,000
0.9%
Company, Limited
SUMITOMO LIFE INSURANCE
Short-term loans
0.20%
0.30%
0.19%
-0.11pt
1,000
0.4%
COMPANY
The Hachijuni Bank, Ltd.
1,000
0.4%
Long-term loans and investment
corporation bonds
0.54%
0.56%
0.59%
0.03pt
The Dai-ichi Life Insurance
500
0.2%
Company, Limited
The Chiba Bank, Ltd
500
0.2%
Average duration of
interest-bearing liabilities
Rating (JCR)
3.5 year
3.2 year
3.1 year -0.1 year
The Yamanashi Chuo Bank, Ltd
500
0.2%
Subtotal
210,500
93.8%
AA (stable)
AA (stable)
AA (stable)
Investment corporation bonds
Total
14,000
224,500
6.2%
100.0%
Changes in LTV
Standard LTV : 50%
47.2%
47.1%
47.2%
47.5%
47.9%
47.2%
47.1%
47.2%
47.4%
47.3%
47.4%
47.1%
Mar 31,
2018
Sep 30,
2018
Mar 31,
2019
Sep 30,
2019
Mar 31,
2020
Sep 30,
2020
Mar 31,
2021
Sep 30,
2021
Mar 31,
2022
Sep 30,
2022
Feb 28,
2023
Aug 31,
21
2023View entire presentation