Borrowings

Borrowings

Total borrowings (excluding corporation bonds) as of 2024/4/30 205,400 million yen
Total borrowings (㏌cluding corporation bonds) as of 2024/4/30 214,400 million yen

Short-Term Borrowings

Type Lender Outstanding
(millions of yen)
Interest Rate Borrowing
Date
Repayment
Date
Remarks
Fixed Sumitomo Mitsui Banking Corporation(*1) 3,000 0.44128% May 1, 2015 May 31, 2024 Unsecured
Fixed Development Bank of Japan Inc. 3,500 0.43700% May 22, 2017 May 31, 2024 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*1) 500 0.44010% Aug. 31, 2015 Aug. 30, 2024 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*1) 1,000 0.44010% Sep. 11, 2015 Aug. 30, 2024 Unsecured
Fixed MUFG Bank, Ltd.(*1) 2,500 0.41510% Mar. 29, 2016 Aug. 30, 2024 Unsecured
Fixed MUFG Bank, Ltd.(*1) 1,500 0.41510% Mar. 29, 2016 Aug. 30, 2024 Unsecured
Floating Sumitomo Mitsui Trust Bank, Limited 1,000 3M JPY TIBOR+0.200%
0.45727%
(2024/4/30-2024/7/31)
Jan. 31, 2022 Sep. 30, 2024 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*1) 2,000 0.42135% May 26, 2016 Nov. 29, 2024 Unsecured
Fixed SBI Shinsei Bank, Limited(*1) 2,000 0.42135% May 31, 2016 Nov. 29, 2024 Unsecured
Fixed Development Bank of Japan Inc. 3,000 0.47700% May 22, 2017 Nov. 29, 2024 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*2) 1,300 0.20800% Nov. 29, 2019 Nov. 29, 2024 Unsecured
Floating Sumitomo Mitsui Banking Corporation 1,000 3M JPY TIBOR+0.250%
0.50727%
(2024/4/30-2024/7/31)
Jan. 31, 2022 Jan. 31, 2025 Unsecured
Floating MUFG Bank, Ltd. 950 3M JPY TIBOR+0.250%
0.50727%
(2024/4/30-2024/7/31)
Jan. 31, 2022 Jan. 31, 2025 Unsecured
Floating SBI Shinsei Bank, Limited 500 3M JPY TIBOR+0.250%
0.50727%
(2024/4/30-2024/7/31)
Jan. 31, 2022 Jan. 31, 2025 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*2) 1,500 0.20900% Feb. 28, 2020 Feb. 28, 2025 Unsecured
Total 25,250

Long-Term Borrowings

Type Lender Outstanding
(millions of yen)
Interest Rate Borrowing
Date
Repayment
Date
Remarks
Fixed Sumitomo Mitsui Banking Corporation(*1) 1,500 0.46040% May 26, 2016 May 30, 2025 Unsecured
Fixed Mizuho Bank, Ltd.(*1) 1,000 0.46040% May 26, 2016 May 30, 2025 Unsecured
Fixed Fukoku Mutual Life Insurance Company 200 0.57880% May 31, 2016 May 29, 2026 Unsecured
Fixed The Yamaguchi Bank, Ltd. 1,500 0.45000% Aug. 31, 2016 Aug. 31, 2026 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*1) 2,000 0.45165% May 31, 2017 Nov. 28, 2025 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*1) 2,000 0.41040% May 31, 2017 May 30, 2025 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*1) 3,000 0.45165% May 31, 2017 Nov. 28, 2025 Unsecured
Fixed Mizuho Trust and Banking Co., Ltd.(*1) 1,500 0.41040% May 31, 2017 May 30, 2025 Unsecured
Fixed Development Bank of Japan Inc 2,550 0.45700% Aug. 31, 2017 May 30, 2025 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*1) 1,500 0.51314% Aug. 31, 2017 Aug. 31, 2026 Unsecured
Fixed Mizuho Bank, Ltd.(*1) 1,000 0.51314% Aug. 31, 2017 Aug. 31, 2026 Unsecured
Fixed SBI Shinsei Bank, Limited(*1) 2,000 0.48200% Nov. 30, 2017 May 29, 2026 Unsecured
Fixed Development Bank of Japan Inc 2,000 0.49800% Nov. 30, 2017 May 30, 2025 Unsecured
Fixed The Yamaguchi Bank, Ltd. 500 0.48880% Nov. 30, 2017 Nov. 28, 2025 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*1) 5,000 0.43610% Feb. 28, 2018 Feb. 27, 2026 Unsecured
Fixed The Musashino Bank, Ltd. 500 0.45700% May 31, 2018 May 29, 2026 Unsecured
Fixed The Gunma Bank, Ltd.(*1) 500 0.33540% May 31, 2018 May 30, 2025 Unsecured
Floating the Bank of Fukuoka, Ltd. 2,000 1M JPY TIBOR+0.350%
0.54273%
(2024/4/30-2024/5/31)
Aug. 31, 2018 Aug. 31, 2027 Unsecured
Fixed Kansai Mirai Bank, Ltd 1,500 0.37596% Aug. 31, 2018 Aug. 31, 2025 Unsecured
Fixed Development Bank of Japan Inc 1,000 0.67900% Aug. 31, 2018 Aug. 31, 2027 Unsecured
Floating Mizuho Trust and Banking Co., Ltd. 4,000 1M JPY TIBOR+0.350%
0.54273%
(2024/4/30-2024/5/31)
Oct. 30, 2018 Oct. 29, 2027 Unsecured
Floating Sumitomo Mitsui Banking Corporation 3,000 1M JPY TIBOR+0.350%
0.54273%
(2024/4/30-2024/5/31)
Oct. 30, 2018 Oct. 29, 2027 Unsecured
Floating MUFG Bank, Ltd. 1,000 1M JPY TIBOR+0.350%
0.54273%
(2024/4/30-2024/5/31)
Oct. 30, 2018 Oct. 29, 2027 Unsecured
Floating Mizuho Bank, Ltd. 1,000 1M JPY TIBOR+0.350%
0.54273%
(2024/4/30-2024/5/31)
Oct. 30, 2018 Oct. 29, 2027 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*1) 1,000 0.47176% Oct. 30, 2018 Oct. 30, 2026 Unsecured
Floating the Bank of Fukuoka, Ltd. 3,000 1M JPY TIBOR+0.350%
0.54273%
(2024/4/30-2024/5/31)
Mar. 29, 2019 Mar. 31, 2028 Unsecured
Floating MUFG Bank, Ltd. 2,000 1M JPY TIBOR+0.350%
0.54273%
(2024/4/30-2024/5/31)
Mar. 29, 2019 Mar. 31, 2028 Unsecured
Floating The Gunma Bank, Ltd. 1,000 1M JPY TIBOR+0.225%
0.41773%
(2024/4/30-2024/5/31)
Mar. 29, 2019 Mar. 31, 2026 Unsecured
Fixed The Norinchukin Bank 2,000 0.30380% May 31, 2019 May 29, 2026 Unsecured
Fixed The Yamanashi Chuo Bank, Ltd. 1,000 0.54000% May 31, 2019 May 31, 2029 Unsecured
Fixed The Hyakugo Bank, Ltd. 1,000 0.30380% May 31, 2019 May 29, 2026 Unsecured
Floating The Musashino Bank, Ltd. 500 1M JPY TIBOR+0.300%
0.49273%
(2024/4/30-2024/5/31)
May 31, 2019 May 31, 2027 Unsecured
Floating Kansai Mirai Bank, Ltd 1,500 1M JPY TIBOR+0.250%
0.44273%
(2024/4/30-2024/5/31)
Aug. 30, 2019 Aug. 31, 2026 Unsecured
Fixed MUFG Bank, Ltd.(*2) 1,000 0.32000% Aug. 30, 2019 Aug. 31, 2026 Unsecured
Fixed Resona Bank, Limited.(*4) 2,000 0.47200% Sep. 30, 2019 Sep. 28, 2029 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*2) 1,200 0.32200% Nov. 29, 2019 Nov. 30, 2026 Unsecured
Fixed Development Bank of Japan Inc 1,000 0.45000% Nov. 29, 2019 Nov. 30, 2028 Unsecured
Fixed Resona Bank, Limited.(*4) 2,000 0.41600% Feb. 28, 2020 Feb. 28, 2029 Unsecured
Fixed The Norinchukin Bank 1,000 0.34950% Feb. 28, 2020 Feb. 29, 2028 Unsecured
Fixed The 77 Bank, Ltd.(*2) 1,000 0.31900% Feb. 28, 2020 Feb. 26, 2027 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*2) 3,000 0.32200% May 29, 2020 May 31, 2027 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*2) 1,000 0.21100% May 29, 2020 May 30, 2025 Unsecured
Fixed MUFG Bank, Ltd.(*2) 2,000 0.32200% May 29, 2020 May 31, 2027 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*2) 1,600 0.32600% Aug. 31, 2020 Aug. 31, 2027 Unsecured
Fixed MUFG Bank, Ltd.(*2) 1,500 0.32600% Aug. 31, 2020 Aug. 31, 2027 Unsecured
Fixed Kansai Mirai Bank, Ltd(*5) 2,000 0.48700% Aug. 31, 2020 Aug. 30, 2030 Unsecured
Fixed The Musashino Bank, Ltd.(*4) 1,000 0.48700% Aug. 31, 2020 Aug. 30, 2030 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*2) 2,000 0.40000% Nov. 30, 2020 Nov. 30, 2028 Unsecured
Fixed Development Bank of Japan Inc. 1,000 0.35000% Nov. 30, 2020 Nov. 30, 2028 Unsecured
Fixed SBI Shinsei Bank, Limited(*2) 2,000 0.40000% Nov. 30, 2020 Nov. 30, 2028 Unsecured
Fixed Mizuho Trust and Banking Co., Ltd.(*2) 3,000 0.29700% Nov. 30, 2020 May 31, 2027 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*4) 1,000 0.41600% Feb. 26, 2021 Feb. 28, 2029 Unsecured
Fixed Momiji Bank,Ltd.(*4) 1,000 0.54600% Feb. 26, 2021 Feb. 28, 2031 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*4) 2,400 0.48100% Mar. 31, 2021 Mar. 29, 2030 Unsecured
Fixed Resona Bank, Limited.(*4) 2,000 0.48100% Mar. 31, 2021 Mar. 29, 2030 Unsecured
Fixed Mizuho Bank, Ltd.(*3) 2,000 0.27900% Mar. 31, 2021 Mar. 31, 2026 Unsecured
Fixed Mizuho Bank, Ltd.(*3) 2,000 0.35600% Mar. 31, 2021 Mar. 31, 2027 Unsecured
Fixed Mizuho Bank, Ltd.(*3) 2,000 0.43600% Mar. 31, 2021 Mar. 31, 2028 Unsecured
Fixed MUFG Bank, Ltd.(*3) 1,500 0.43600% Mar. 31, 2021 Mar. 31, 2028 Unsecured
Fixed The 77 Bank, Ltd.(*4) 1,000 0.55200% May 31, 2021 May 30, 2031 Unsecured
Fixed SBI Shinsei Bank, Limited(*5) 1,000 0.483% Aug. 31, 2021 Aug. 30, 2030 Unsecured
Floating Sumitomo Mitsui Banking Corporation 1,500 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
Nov. 30, 2021 Nov. 30, 2029 Unsecured
Floating Sumitomo Mitsui Banking Corporation 2,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Nov. 30, 2021 May 31, 2030 Unsecured
Fixed Development Bank of Japan Inc 1,000 0.47000% Nov. 30, 2021 Nov. 30, 2029 Unsecured
Floating MUFG Bank, Ltd. 1,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Nov. 30, 2021 May 31, 2030 Unsecured
Fixed Sumitomo Mitsui Banking Corporation(*7) 1,000 1.09140% Feb. 28, 2022 Feb. 28, 2029 Unsecured
Fixed The Gunma Bank, Ltd.(*7) 1,000 1.17140% Feb. 28, 2022 Aug. 31, 2029 Unsecured
Fixed Development Bank of Japan Inc. 2,000 1.119% Mar. 31, 2022 Mar. 31, 2028 Unsecured
Floating Sumitomo Mitsui Banking Corporation 3,400 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
May 31, 2022 Nov. 29, 2030 Unsecured
Floating Sumitomo Mitsui Banking Corporation 2,000 3M JPY TIBOR+0.3125%
0.41341%
(2024/2/29-2024/5/31)
May 31, 2022 May 31, 2028 Unsecured
Fixed Development Bank of Japan Inc. 1,500 0.934% May 31, 2022 May 31, 2028 Unsecured
Floating MUFG Bank, Ltd. 1,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
May 31, 2022 Nov. 29, 2030 Unsecured
Floating MUFG Bank, Ltd. 1,000 3M JPY TIBOR+0.3375%
0.43841%
(2024/2/29-2024/5/31)
May 31, 2022 Feb. 28, 2030 Unsecured
Fixed MUFG Bank, Ltd.(*7) 1,000 1.11890% May 31, 2022 May 31, 2029 Unsecured
Floating Mizuho Bank, Ltd. 1,500 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
May 31, 2022 May 31, 2030 Unsecured
Floating SBI Shinsei Bank, Limited 1,000 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
May 31, 2022 May 31, 2030 Unsecured
Floating The Nishi-Nippon City Bank, Ltd. 2,000 3M JPY TIBOR+0.300%
0.40091%
(2024/2/29-2024/5/31)
Aug. 31, 2022 Aug. 31, 2029 Unsecured
Fixed Nippon Life Insurance Company 1,300 0.633933% Aug. 31, 2022 Aug. 31, 2029 Unsecured
Floating SBI Shinsei Bank, Limited 1,000 3M JPY TIBOR+0.300%
0.40091%
(2024/2/29-2024/5/31)
Aug. 31, 2022 Aug. 31, 2029 Unsecured
Floating The 77 Bank, Ltd. 1,000 3M JPY TIBOR+0.300%
0.40091%
(2024/2/29-2024/5/31)
Aug. 31, 2022 Aug. 31, 2029 Unsecured
Floating Sumitomo Mitsui Banking Corporation 4,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Nov. 30, 2022 May 30, 2031 Unsecured
Floating Sumitomo Mitsui Banking Corporation 1,000 3M JPY TIBOR+0.300%
0.40091%
(2024/2/29-2024/5/31)
Nov. 30, 2022 Nov. 30, 2029 Unsecured
Fixed Sumitomo Mitsui Trust Bank, Limited(*7) 1,000 1.01390% Nov. 30, 2022 Nov. 30, 2028 Unsecured
Floating MUFG Bank, Ltd. 1,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Nov. 30, 2022 May 30, 2031 Unsecured
Floating Mizuho Bank, Ltd. 1,500 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
Nov. 30, 2022 Nov. 29, 2030 Unsecured
Floating Mizuho Bank, Ltd. 1,000 3M JPY TIBOR+0.3125%
0.41341%
(2024/2/29-2024/5/31)
Nov. 30, 2022 Feb. 28, 2030 Unsecured
Floating Resona Bank, Limited.(*6) 1,500 3M JPY TIBOR+0.300%
0.40091%
(2024/2/29-2024/5/31)
Nov. 30, 2022 Nov. 30, 2029 Unsecured
Fixed Tokio Marine & Nichido Fire Insurance Co., Ltd.(*6) 1,000 0.61520% Nov. 30, 2022 Nov. 30, 2027 Unsecured
Fixed TAIYO LIFE INSURANCE COMPANY 300 0.75375% Nov. 30, 2022 Nov. 30, 2029 Unsecured
Floating Sumitomo Mitsui Banking Corporation 1,500 3M JPY TIBOR+0.300%
0.40091%
(2024/2/29-2024/5/31)
Feb. 28, 2023 Feb. 28, 2030 Unsecured
Fixed Development Bank of Japan Inc. 1,500 0.889% Feb. 28, 2023 Feb. 28, 2029 Unsecured
Floating Mizuho Bank, Ltd. 1,000 3M JPY TIBOR+0.300%
0.40091%
(2024/2/29-2024/5/31)
Feb. 28, 2023 Feb. 28, 2030 Unsecured
Floating Resona Bank, Limited. 2,500 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
Feb. 28, 2023 Feb. 28, 2031 Unsecured
Floating Sumitomo Mitsui Banking Corporation 2,500 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
May 31, 2023 Nov. 28, 2031 Unsecured
Floating SBI Shinsei Bank, Limited 1,500 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
May 31, 2023 May 30, 2031 Unsecured
Floating SBI Shinsei Bank, Limited 1,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
May 31, 2023 Nov. 28, 2031 Unsecured
Floating the Bank of Fukuoka, Ltd. 1,500 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
May 31, 2023 May 30, 2031 Unsecured
Fixed Tokio Marine Nichido Fire Insurance Co., Ltd.(*7) 1,000 0.90610% Jul. 31, 2023 May 31, 2028 Unsecured
Floating Mizuho Trust and Banking Co., Ltd. 1,000 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
Aug. 31, 2023 Aug. 29, 2031 Unsecured
Fixed Resona Bank, Limited.(*7) 1,000 0.93360% Aug. 31, 2023 Aug. 31, 2028 Unsecured
Floating Sumitomo Mitsui Banking Corporation 2,000 3M JPY TIBOR+0.350%
0.45091%
(2023/9/29-2024/5/31)
Sep. 29, 2023 Aug. 29, 2031 Unsecured
Floating Sumitomo Mitsui Trust Bank, Limited 1,500 3M JPY TIBOR+0.350%
0.45091%
(2024/2/29-2024/5/31)
Nov. 30, 2023 Nov. 28, 2031 Unsecured
Fixed Development Bank of Japan Inc. 1,700 0.95700% Nov. 30, 2023 Nov. 30, 2028 Unsecured
Floating Mizuho Bank, Ltd. 1,000 3M JPY TIBOR+0.200%
0.30091%
(2024/2/29-2024/5/31)
Nov. 30, 2023 Nov. 30, 2028 Unsecured
Floating Mizuho Bank, Ltd. 2,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Nov. 30, 2023 May 31, 2032 Unsecured
Floating Mizuho Bank, Ltd. 500 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Nov. 30, 2023 May 31, 2032 Unsecured
Floating SBI Shinsei Bank, Limited 1,500 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Nov. 30, 2023 May 31, 2032 Unsecured
Floating Resona Bank, Limited.(*8) 1,500 Base Interest- Rate+0.175%
0.17500%
Nov. 30, 2023 May 31, 2028 Unsecured
Floating Sumitomo Mitsui Trust Bank, Limited 1,000 3M JPY TIBOR+0.400%
0.50091%
(2024/2/29-2024/5/31)
Feb. 29, 2024 Feb. 27, 2032 Unsecured
Floating SBI Shinsei Bank, Limited 1,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Feb. 29, 2024 Aug. 29, 2031 Unsecured
Floating The Nishi-Nippon City Bank, Ltd. 1,000 3M JPY TIBOR+0.375%
0.47591%
(2024/2/29-2024/5/31)
Feb. 29, 2024 Aug. 29, 2031 Unsecured
Floating Sumitomo Mitsui Banking Corporation 1,600 3M JPY TIBOR+0.500%
0.74091%
(2024/3/29-2024/6/30)
Mar. 29, 2024 Mar. 31, 2034 Unsecured
Floating Sumitomo Mitsui Trust Bank, Limited 1,000 3M JPY TIBOR+0.400%
0.64091%
(2024/3/29-2024/6/30)
Mar. 29, 2024 Feb. 27, 2032 Unsecured
Floating MUFG Bank, Ltd. 1,500 3M JPY TIBOR+0.400%
0.64091%
(2024/3/29-2024/6/30)
Mar. 29, 2024 Feb. 27, 2032 Unsecured
Floating Mizuho Bank, Ltd. 1,900 3M JPY TIBOR+0.375%
0.61591%
(2024/3/29-2024/6/30)
Mar. 29, 2024 Aug. 29, 2031 Unsecured
Floating Mitsubishi UFJ Trust and Banking Corporation 3,000 3M JPY TIBOR+0.480%
0.72091%
(2024/3/29-2024/6/30)
Mar. 29, 2024 Mar. 31, 2034 Unsecured
Floating The Yamagata Bank, Ltd. 1,000 3M JPY TIBOR+0.400%
0.64091%
(2024/3/29-2024/6/30)
Mar. 29, 2024 Feb. 27, 2032 Unsecured
Total 180,150
  • The Investment Corporation offseted the risk of the future interest payment by converting the loan from floating-rate to fixed-rate under the interest swap contract concluded on January 29, 2019. The interest-rate is described as the fixed interest-rate.
  • The Investment Corporation offseted the risk of the future interest payment by converting the loan from floating-rate to fixed-rate under the interest swap contract concluded on November 26, 2020. The interest-rate is described as the fixed interest-rate.
  • The Investment Corporation offseted the risk of the future interest payment by converting the loan from floating-rate to fixed-rate under the interest swap contract concluded on March 29, 2021. The interest-rate is described as the fixed interest-rate.
  • The Investment Corporation offseted the risk of the future interest payment by converting the loan from floating-rate to fixed-rate under the interest swap contract concluded on June 28, 2021. The interest-rate is described as the fixed interest-rate.
  • The Investment Corporation offseted the risk of the future interest payment by converting the loan from floating-rate to fixed-rate under the interest swap contract concluded on August 27, 2021. The interest-rate is described as the fixed interest-rate.
  • The Investment Corporation offseted the risk of the future interest payment by converting the loan from floating-rate to fixed-rate under the interest swap contract concluded on May 29, 2023. The interest-rate is described as the fixed interest-rate.
  • The Investment Corporation offseted the risk of the future interest payment by converting the loan from floating-rate to fixed-rate under the interest swap contract concluded on October 27, 2023. The interest-rate is described as the fixed interest-rate.
  • The base interest rate calculated based on Climate Change Operations during the applicable period is 0.00000%.
  • Outstanding is rounded to the second decimal places.