Risk of debt guarantee obligations and loss absorption associated with the voluntary liquidation of the Indian subsidiary
First written in FY2018-Q2. 7 of 16 entries say "Worsened", first in FY2023-Q1. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025WorsenedAnnual report
「Iclean Hollow Metal Systems Pvt.Ltd. ¥664 million ¥832 million iPharrm Process Technologies Pvt.Ltd. ¥50 million ¥92 million ICTL Precoat Panels Pvt.Ltd. - ¥59 million Total ¥715 million ¥984 million」
The balance of guarantees of borrowings for companies other than consolidated companies increased from ¥715 million to ¥984 million, and guarantees for iPharrm and ICTL, in addition to ICLEAN, were recorded. Meanwhile, guarantees for contract performance and other guarantees decreased from ¥415 million to ¥347 million. - FY2024WorsenedAnnual report
「Iclean Hollow Metal Systems Pvt.Ltd. ¥340 million ¥664 million iPharrm Process Technologies Pvt.Ltd. - ¥50 million Total ¥340 million ¥715 million Iclean Hollow Metal Systems Pvt.Ltd. ¥254 million ¥415 million」
The balance of guarantees of borrowings for companies other than consolidated companies increased from ¥340 million to ¥715 million, while the balance of guarantees for contract performance and other guarantees increased from ¥254 million to ¥415 million. - FY2024-Q3WorsenedAnnual report
「Iclean Hollow Metal Systems Pvt.Ltd. ¥340 million ¥660 million Ipharrm Process Technologies Pvt.Ltd. - ¥44 million Total ¥340 million ¥705 million Iclean Hollow Metal Systems Pvt.Ltd. ¥254 million ¥405 million」
The balance of guarantees of borrowings for companies other than consolidated companies increased from ¥340 million to ¥705 million, while guarantees for contract performance increased from ¥254 million to ¥405 million. In addition to ICLEAN, a ¥44 million guarantee of borrowings for Ipharrm was also recorded. - FY2024-Q2WorsenedAnnual report
「Iclean Hollow Metal Systems Pvt.Ltd. ¥340 million ¥735 million Ipharrm Process Technologies Pvt.Ltd. - ¥56 million Total ¥340 million ¥792 million Iclean Hollow Metal Systems Pvt.Ltd. ¥254 million ¥446 million」
The balance of guarantees of borrowings for companies other than consolidated companies increased from ¥340 million to ¥792 million, while guarantees for contract performance and other guarantees increased from ¥254 million to ¥446 million. In addition to ICLEAN, a ¥56 million guarantee of borrowings for Ipharrm was newly recorded. - FY2023WorsenedAnnual report
「Iclean Hollow Metal Systems Pvt.Ltd. ¥270 million ¥340 million Iclean Hollow Metal Systems Pvt.Ltd. ¥176 million ¥254 million」
The balance of guarantees of borrowings for ICLEAN increased from ¥270 million to ¥340 million, while guarantees for contract performance increased from ¥176 million to ¥254 million. - FY2023-Q3Decrease in loan guarantees and increase in construction performance guaranteesAnnual report
「Iclean Hollow Metal Systems Pvt. Ltd. ¥270 million ¥263 million Iclean Hollow Metal Systems Pvt. Ltd. ¥176 million ¥193 million」
The outstanding loan guarantees for ICLEAN decreased from ¥270 million to ¥263 million, while outstanding construction performance guarantees increased from ¥176 million to ¥193 million. - FY2023-Q2WorsenedAnnual report
「Iclean Hollow Metal Systems Pvt. Ltd. ¥270 million ¥271 million Iclean Hollow Metal Systems Pvt. Ltd. ¥176 million ¥210 million」
The outstanding loan guarantees for ICLEAN increased from ¥270 million at the end of the previous consolidated fiscal year to ¥271 million, while outstanding construction performance guarantees increased from ¥176 million to ¥210 million. - FY2023-Q1WorsenedAnnual report
「Iclean Hollow Metal Systems Pvt. Ltd. ¥270 million ¥285 million Iclean Hollow Metal Systems Pvt. Ltd. ¥176 million ¥208 million」
The outstanding loan guarantees for ICLEAN increased from ¥270 million to ¥285 million, and outstanding construction performance guarantees increased from ¥176 million to ¥208 million. - FY2022-Q3Decrease in loan guarantees and increase in construction performance guaranteesAnnual report
「Iclean Hollow Metal Systems Pvt. Ltd. ¥219 million ¥202 million Iclean Hollow Metal Systems Pvt. Ltd. ¥91 million ¥171 million」
The outstanding loan guarantees for ICLEAN decreased from ¥219 million to ¥202 million, while outstanding construction performance guarantees increased from ¥91 million to ¥171 million. - FY2022-Q2Decrease in loan guarantees and increase in construction performance guaranteesAnnual report
「① The company provides debt guarantees for borrowings by companies other than consolidated companies from financial institutions and other lenders. Previous consolidated fiscal year (31 March 2021) Second quarter of the current consolidated fiscal year (30 September 2021) Iclean Hollow Metal Systems Pvt. Ltd. ¥219 million ¥203 million Total ¥219 million ¥203 million ② The company provides debt guarantees for performance guarantees issued by financial institutions in connection with construction contracts undertaken by companies other than consolidated companies. Previous consolidated fiscal year (31 March 2021) Second quarter of the current consolidated fiscal year (30 September 2021) Iclean Hollow Metal Systems Pvt. Ltd. ¥91 million ¥158 million Total ¥91 million ¥158 million」
The outstanding loan guarantees for ICLEAN decreased from ¥219 million to ¥203 million, while outstanding construction performance guarantees increased from ¥91 million to ¥158 million. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the occurrence of major risks that management recognizes could materially affect the financial position, operating performance or cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no occurrence or material change in the risk of debt guarantee obligations and loss absorption associated with the voluntary liquidation of its Indian subsidiary. - FY2019-Q2MitigatedAnnual report
「The company provides debt guarantees for performance guarantees issued by financial institutions in connection with construction contracts undertaken by companies other than consolidated companies. Takasago Engineering India Pvt. Ltd. ¥37 million ¥8 million」
The outstanding debt guarantees relating to Takasago Engineering India Pvt. Ltd. decreased from ¥37 million at the end of the previous consolidated fiscal year to ¥8 million at the end of the second quarter of the current consolidated fiscal year. - FY2019-Q1RestatedAnnual report
「Takasago Engineering India Pvt. Ltd. ¥37 million ¥32 million」
The company discloses the outstanding debt guarantees relating to its Indian subsidiary as having changed from ¥37 million to ¥32 million. - FY2018RestatedAnnual report
「Takasago Engineering India Pvt. Ltd. ¥37 million」
The company continues to disclose the outstanding debt guarantees relating to its Indian subsidiary. - FY2018-Q3MaterialisedAnnual report
「This represents the amount of losses expected to be borne by the company in the future following the resolution to suspend operations in preparation for the voluntary liquidation of Takasago Engineering India Pvt. Ltd., an unconsolidated subsidiary in India not accounted for under the equity method.」
The company recognized ¥123 million in provision for losses on debt guarantees as a loss associated with the voluntary liquidation of its Indian subsidiary. Debt guarantees amounted to ¥217 million for that company and ¥348 million in total, including other companies. - FY2018-Q2MaterialisedAnnual report
「Provision for losses on debt guarantees 126 This represents the amount of losses expected to be borne by the company in the future following the resolution to suspend operations in preparation for the voluntary liquidation of Takasago Engineering India Pvt. Ltd., an unconsolidated subsidiary in India not accounted for under the equity method.」
The company recognized ¥126 million in provision for losses on debt guarantees for expected losses to be borne by the company following the resolution to suspend operations in preparation for the voluntary liquidation of its Indian subsidiary.