Komori
Kajima (1812) · RiskWorsened

Credit Risk of Customers, Partner Companies and Other Parties

First written in FY2016. 18 of 33 entries say "Worsened", first in FY2019. Latest entry: FY2026.

33entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2021 – FY20262016: 120162017: 320172018: 420182019: 420192020: 420202021: 420212022: 320222023: 420232024: 320242025: 120252026: 22026
Same theme, other companies
Credit Concerns Regarding Counterparties in the Construction and Real Estate BusinessA theme 26 companies write about · 26 as a headwind · 0 as a tailwind

Kajima moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).

The whole theme swung hardest in 2021: 3 of 13 companies on the "Worse" side.

1 other company's latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 26 companies compared. The sentences above are computed from all 26.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Total guarantees increased from ¥2,092.9 million at the end of the previous fiscal year to ¥3,878.4 million.」

    Total guarantees increased substantially from ¥2,092.9 million to ¥3,878.4 million. Guarantees related to overseas real estate development increased, and credit exposure related to customers, cooperating companies and others expanded.
  2. 2026-05-14WorsenedEarnings

    「Guarantee obligations 38,784」

    Guarantee obligations stood at ¥38.784 billion at the end of the fiscal year ending March 2026, up from ¥23.999 billion at the previous interim period-end.
  3. FY2026-H1WorsenedAnnual report

    「Affiliates 1,359 1,252 Other 19,570 22,746 Total 20,929 23,999」

    Total guarantees increased from ¥2,092.9 million at the end of the previous fiscal year to ¥2,399.9 million. Credit exposure related to customers, cooperating companies and others had expanded as of the interim period.
  4. FY2025-H1WorsenedAnnual report

    「Affiliates 1,548 1,447 Other 21,756 24,202 Total 23,304 25,649」

    Total guarantees increased from ¥2,330.4 million at the end of the previous fiscal year to ¥2,564.9 million. Credit exposure related to customers, cooperating companies and others had expanded as of the interim period.
  5. FY2024WorsenedAnnual report

    「Total 15,959 23,304」

    Total guarantees increased from ¥1,595.9 million at the end of the previous fiscal year to ¥2,330.4 million. Credit exposure related to customers, cooperating companies and others had expanded.
  6. FY2024-Q3WorsenedAnnual report

    「Affiliates 1,737 1,632 Other 14,221 20,099 Total 15,959 21,731」

    Total guarantees increased from ¥1,595.9 million at the end of the previous fiscal year to ¥2,173.1 million. Credit exposure related to customers, cooperating companies and others had expanded as of the third quarter.
  7. FY2024-Q2WorsenedAnnual report

    「Affiliates 1,737 1,632 Other 14,221 17,761 Total 15,959 19,394」

    Total guarantees increased from ¥1,595.9 million at the end of the previous fiscal year to ¥1,939.4 million. Credit exposure related to customers, cooperating companies and others had expanded as of the second quarter.
  8. FY2024-Q1WorsenedAnnual report

    「Affiliates 1,737 1,727 Other 14,221 15,191 Total 15,959 16,918」

    Total guarantees increased from ¥1,595.9 million at the end of the previous fiscal year to ¥1,691.8 million. Credit exposure related to customers, cooperating companies and others had expanded as of the first quarter.
  9. FY2023WorsenedAnnual report

    「Total 13,638 15,959」

    Total guarantees increased from ¥1,363.8 million at the end of the previous fiscal year to ¥1,595.9 million. Credit exposure related to customers, cooperating companies and others had expanded as of the fiscal year-end.
  10. FY2023-Q3WorsenedAnnual report

    「Affiliates 1,927 1,850 Other 11,711 15,052 Total 13,638 16,902」

    Total guarantees increased from ¥1,363.8 million at the end of the previous fiscal year to ¥1,690.2 million. Credit exposure related to customers, cooperating companies and others had expanded as of the third quarter.
  11. FY2023-Q2WorsenedAnnual report

    「Affiliates 1,927 1,822 Other 11,711 13,511 Total 13,638 15,333」

    Total guarantees increased from ¥1,363.8 million at the end of the previous fiscal year to ¥1,533.3 million. Credit exposure related to customers, cooperating companies and others had expanded as of the second quarter.
  12. FY2023-Q1WorsenedAnnual report

    「Affiliates 1,927 1,917 Other 11,711 11,794 Total 13,638 13,712」

    Total guarantees increased from ¥1,363.8 million at the end of the previous fiscal year to ¥1,371.2 million. Guarantee exposure related to customers, cooperating companies and others had increased slightly as of the first quarter.
  13. FY2022-Q3WorsenedAnnual report

    「Affiliates 2,117 2,011 Other 10,868 14,983 Total 12,986 16,994」

    Total guarantees increased from ¥1,298.6 million at the end of the previous fiscal year to ¥1,699.4 million. Credit exposure related to customers, cooperating companies and others had expanded as of the third quarter.
  14. FY2022-Q2WorsenedAnnual report

    「Affiliates 2,117 2,011 Other 10,868 13,369 Total 12,986 15,381」

    Total guarantees increased from ¥1,298.6 million at the end of the previous fiscal year to ¥1,538.1 million. Credit exposure related to customers, cooperating companies and others had expanded as of the second quarter.
  15. FY2022-Q1WorsenedAnnual report

    「Affiliates 2,117 2,107 Other 10,868 12,691 Total 12,986 14,798」

    Total guarantees increased from ¥1,298.6 million at the end of the previous fiscal year to ¥1,479.8 million. Credit exposure related to customers, cooperating companies and others had expanded as of the first quarter.
  16. FY2021WorsenedAnnual report

    「Total 11,791 12,986」

    Total guarantees increased from ¥1,179.1 million at the end of the previous fiscal year to ¥1,298.6 million. Credit exposure related to customers, cooperating companies and others had expanded as of the fiscal year-end.
  17. FY2021-Q3MitigatedAnnual report

    「Affiliates 2,307 2,202 Other 9,483 9,119 Total 11,791 11,321」

    Total guarantees declined from ¥1,179.1 million at the end of the previous fiscal year to ¥1,132.1 million. Guarantee exposure related to customers, cooperating companies and others had contracted as of the third quarter.
  18. FY2021-Q2MitigatedAnnual report

    「Affiliates 2,307 2,202 Other 9,483 9,043 Total 11,791 11,245」

    Total guarantees declined from ¥1,179.1 million at the end of the previous fiscal year to ¥1,124.5 million, and guarantee exposure related to customers, cooperating companies and others contracted.
  19. FY2021-Q1WorsenedAnnual report

    「Affiliates 2,307 2,297 Other 9,483 10,029 Total 11,791 12,327」

    Total guarantees increased from ¥1,179.1 million at the end of the previous fiscal year to ¥1,232.7 million. Guarantee exposure related to customers, cooperating companies and others had increased slightly as of the first quarter.
  20. FY2020MitigatedAnnual report

    「Total 21,015 11,791」

    Total guarantees declined from ¥2,101.5 million at the end of the previous fiscal year to ¥1,179.1 million, and guarantee exposure related to customers, cooperating companies and others contracted further.
  21. FY2020-Q3MitigatedAnnual report

    「Affiliated companies 2,497 2,393 Other 18,517 12,815 Total 21,015 15,209」

    Total guarantees declined from ¥2,101.5 million at the end of the previous fiscal year to ¥1,520.9 million. Guarantee exposure related to customers, cooperating companies and others had contracted as of the third quarter.
  22. FY2020-Q2MitigatedAnnual report

    「Total 21,015 18,695」

    Total guarantee obligations decreased from ¥21,015 million at the end of the previous consolidated fiscal year to ¥18,695 million. Guarantee exposure related to clients, cooperating companies and other parties had contracted as of the second quarter.
  23. FY2020-Q1MitigatedAnnual report

    「Total 21,015 19,764」

    Total guarantee obligations decreased from ¥21,015 million at the end of the previous consolidated fiscal year to ¥19,764 million. Guarantee exposure related to clients, cooperating companies and other parties had contracted as of the first quarter.
  24. FY2019WorsenedAnnual report

    「Total 13,090 21,015」

    Total guarantee obligations increased from ¥13,090 million at the end of the previous consolidated fiscal year to ¥21,015 million. The disclosure indicates increased guarantee exposure related to overseas affiliates and other parties.
  25. FY2019-Q3Guarantee obligations increasedAnnual report

    「Guarantee obligations Affiliated companies 3,140 2,983 Other 9,950 14,957 Total 13,090 17,940」

    Total guarantee obligations increased from ¥13,090 million at the end of the previous consolidated fiscal year to ¥17,940 million. The disclosure indicates increased guarantee exposure related to clients, cooperating companies and other parties.
  26. FY2019-Q2Guarantee obligations increasedAnnual report

    「Guarantee obligations Affiliated companies 3,140 3,036 Other 9,950 11,169 Total 13,090 14,206」

    Total guarantee obligations increased from ¥13,090 million at the end of the previous consolidated fiscal year to ¥14,206 million. The disclosure indicates increased guarantee exposure related to the credit risk of clients, cooperating companies and other parties.
  27. FY2019-Q1MitigatedAnnual report

    「Contingent liability related to the collection of construction payments for the Dubai Metro project (Debtor: Dubai Roads and Transport Authority) ¥3,061 million ¥1,592 million. The above contingent liability is limited to default risk arising from the financial or sovereign collapse of the Emirate of Dubai, United Arab Emirates.」

    The contingent liability related to the collection of construction payments for the Dubai Metro project decreased from ¥3,061 million at the end of the previous fiscal year to ¥1,592 million. The limitation of the default risk remains unchanged.
  28. FY2018MitigatedAnnual report

    「Contingent liability related to the collection of construction payments for the Dubai Metro project (Debtor: Dubai Roads and Transport Authority) ¥3,061 million The above contingent liability is limited to default risk arising from the financial or sovereign collapse of the Emirate of Dubai, United Arab Emirates.」

    The contingent liability related to the collection of construction payments for the Dubai Metro project decreased from ¥9,159 million at the end of the previous fiscal year to ¥3,061 million. The limitation of the default risk remains unchanged.
  29. FY2018-Q3MitigatedAnnual report

    「Contingent liability related to the collection of construction payments for the Dubai Metro project (Debtor: Dubai Roads and Transport Authority) ¥9,159 million ¥4,884 million The above contingent liability is limited to default risk arising from the financial or sovereign collapse of the Emirate of Dubai, United Arab Emirates.」

    The contingent liability related to the collection of construction payments for the Dubai Metro project decreased from ¥9,159 million at the end of the previous fiscal year to ¥4,884 million. The limitation of the default risk remains unchanged.
  30. FY2018-Q2MitigatedAnnual report

    「Contingent liability related to the collection of construction payments for the Dubai Metro project (Debtor: Dubai Roads and Transport Authority) ¥9,159 million ¥6,496 million The above contingent liability is limited to default risk arising from the financial or sovereign collapse of the Emirate of Dubai, United Arab Emirates.」

    The contingent liability related to the collection of construction payments for the Dubai Metro project decreased from ¥9,159 million at the end of the previous fiscal year to ¥6,496 million. The limitation of the default risk remains unchanged.
  31. FY2018-Q1MitigatedAnnual report

    「Contingent liability related to the collection of construction payments for the Dubai Metro project (Debtor: Dubai Roads and Transport Authority) ¥8,068 million The above contingent liability is limited to default risk arising from the financial or sovereign collapse of the Emirate of Dubai, United Arab Emirates.」

    The contingent liability related to the collection of construction payments for the Dubai Metro project decreased from ¥9,159 million at the end of the previous consolidated fiscal year to ¥8,068 million. The limitation of the default risk remains unchanged.
  32. FY2017-Q3Specific contingent liabilities disclosedAnnual report

    「Contingent liability related to the collection of construction payments for the Dubai Metro project (Debtor: Dubai Roads and Transport Authority) ¥16,234 million ¥11,748 million The above contingent liability is limited to default risk arising from the financial or sovereign collapse of the Emirate of Dubai, United Arab Emirates.」

    In connection with the credit risk of clients and other parties, the company specifically discloses a contingent liability related to the collection of construction payments from the Dubai Roads and Transport Authority. The amount at the end of the third quarter was ¥11,748 million, and the risk is limited to default resulting from the financial or sovereign collapse of the Emirate of Dubai.
  33. FY2016First statedAnnual report

    「If a client, cooperating company, joint construction company or other business partner experiences credit concerns, this may affect business performance and other results through the inability to collect funds, construction delays and other factors.」

    The disclosure identifies the possibility that credit concerns involving clients, cooperating companies and joint construction companies could lead to uncollectible receivables and construction delays.
Moved together

"Decline in Prices and Profitability of Owned Real Estate and Securities" moved the same way as this thread, in the same document, in 13 of its 33 moves.

131110887★123456
  1. ★This thread
  2. 1Decline in Prices and Profitability of Owned Real Estate and Securities13×
  3. 2Strengthening Technology Development and Financial Position in Line with Group Collaboration and Business Strategy11×
  4. 3Fluctuations in Construction Demand, Material Prices and the Real Estate Market10×
  5. 4Expansion of Regions and Projects in the Overseas Construction and Development Business8×
  6. 5Rising Construction Costs for Large-Scale, Long-Term Projects8×
  7. 6Fluctuations in Interest Rate Levels and Foreign Exchange Rates7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kajima yet. It last moved in the Earnings of 2026-05-14: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Credit Risk of Customers, Partner Companies and Other Parties | KAJIMA CORPORATION (1812) | Komori