Komori
Takasago Thermal Engineering (1969) · RiskDecrease in loan guarantees and increase in construction performance guarantees

Outstanding guarantees of borrowings for overseas subsidiaries and other entities

First written in FY2020-Q1. 11 of 23 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2026.

23entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2023 – FY2024OtherFY2025-H1 – FY20252019: 220192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 12026
Same theme, other companies
Guarantees of debt for non-consolidated companiesA theme 50 companies write about · 51 as a headwind · 0 as a tailwind

Takasago Thermal Engineering moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).

The whole theme swung hardest in 2026: 6 of 28 companies on the "Worse" side.

4 other companies' latest entry also says "Other".

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 50 companies compared. The sentences above are computed from all 50.
Full recordFilings, disclosures and news, newest first
  1. FY2026Decrease in loan guarantees and increase in construction performance guaranteesAnnual report

    「Iclean Hollow Metal Systems Pvt.Ltd. ¥832 million ¥736 million Iclean Hollow Metal Systems Pvt.Ltd. ¥326 million ¥279 million THS Development Co.,Ltd. － ¥643 million Total ¥347 million ¥943 million」

    Outstanding guarantees of borrowings for non-consolidated companies decreased from ¥984 million to ¥736 million, while guarantees for construction performance bonds and other guarantees increased from ¥347 million to ¥943 million. A new ¥643 million guarantee for THS Development was recorded.
  2. FY2026-H1MitigatedAnnual report

    「Iclean Hollow Metal Systems Pvt.Ltd. ¥832 million ¥748 million iPharrm Process Technologies Pvt.Ltd. ¥92 million ¥72 million ICTL Precoat Panels Pvt.Ltd. ¥59 million － Total ¥984 million ¥821 million」

    Outstanding guarantees of borrowings for non-consolidated companies decreased from ¥984 million to ¥821 million. Outstanding guarantees for construction performance bonds and other guarantees also decreased from ¥347 million to ¥272 million.
  3. FY2025Increase in guarantees for borrowings and decrease in construction performance guaranteesAnnual report

    「The company provides guarantees for borrowings from financial institutions by the following non-consolidated companies. 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 company provides guarantees for performance bonds and other guarantees issued by financial institutions in connection with construction contracts of the following affiliates. Iclean Hollow Metal Systems Pvt.Ltd. ¥415 million ¥326 million iPharrm Process Technologies Pvt.Ltd. － ¥20 million Total ¥415 million ¥347 million」

    Outstanding guarantees of borrowings for overseas companies increased from ¥715 million to ¥984 million, while guarantees for construction performance bonds and other guarantees decreased from ¥415 million to ¥347 million. The guarantees for borrowings include ¥59 million for ICTL and ¥92 million for iPharrm.
  4. FY2025-H1Slight increase in guarantees for borrowings and decrease in construction performance guaranteesAnnual report

    「Iclean Hollow Metal Systems Pvt.Ltd. ¥664 million ¥669 million Ipharrm Process Technologies Pvt.Ltd. ¥50 million － ICTL Precoat Panels Pvt.Ltd. － ¥38 million ¥14 million Total ¥715 million ¥723 million」

    Outstanding guarantees of borrowings for non-consolidated companies increased slightly from ¥715 million to ¥723 million. Meanwhile, guarantees for construction performance bonds and other guarantees for Iclean decreased from ¥415 million to ¥310 million.
  5. FY2024WorsenedAnnual report

    「Iclean Hollow Metal Systems Pvt.Ltd. ¥340 million ¥664 million iPharrm Process Technologies Pvt.Ltd. － ¥50 million Total ¥340 million ¥715 million」

    Outstanding guarantees of borrowings for overseas companies increased from ¥340 million in the previous fiscal year to ¥715 million, and a new ¥50 million guarantee for iPharrm was recorded. Guarantees for construction performance bonds and other guarantees also increased from ¥254 million to ¥415 million.
  6. 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」

    With respect to guarantee exposure to overseas companies, outstanding guarantees of borrowings increased from ¥340 million to ¥705 million, while guarantees for construction performance bonds increased from ¥254 million to ¥405 million.
  7. FY2024-Q2WorsenedAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. Iclean Hollow Metal Systems Pvt.Ltd. ¥340 million ¥735 million Ipharrm Process Technologies Pvt.Ltd. － ¥56 million Total ¥340 million ¥792 million ② The company provides guarantees for performance bonds and other guarantees issued by financial institutions in connection with construction contracts of non-consolidated companies. Iclean Hollow Metal Systems Pvt.Ltd. ¥254 million ¥446 million」

    Outstanding guarantees of borrowings for overseas companies increased from ¥340 million to ¥792 million, while guarantees for construction performance bonds and other guarantees increased from ¥254 million to ¥446 million. In addition to ICLEAN, ¥56 million of guarantees for Ipharrm's borrowings was newly recorded.
  8. FY2024-Q1WorsenedAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. Previous fiscal year (31 March 2023) First quarter of the current fiscal year (30 June 2023) Iclean Hollow Metal Systems Pvt.Ltd. ¥340 million ¥367 million Ipharrm Process Technologies Pvt.Ltd. － ¥56 million Total ¥340 million ¥424 million」

    Outstanding guarantees of borrowings for overseas companies increased from ¥340 million to ¥424 million. In addition to the increase attributable to ICLEAN, ¥56 million attributable to Ipharrm was newly recorded.
  9. FY2023WorsenedAnnual report

    「Iclean Hollow Metal Systems Pvt.Ltd. ¥270 million ¥340 million Iclean Hollow Metal Systems Pvt.Ltd. ¥176 million ¥254 million」

    With respect to guarantee exposure to overseas companies, both ICLEAN's outstanding guarantees of borrowings and its guarantees for construction performance bonds increased from the end of the previous fiscal year.
  10. 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」

    With respect to guarantee exposure to overseas companies, ICLEAN's outstanding guarantees of borrowings decreased from ¥270 million to ¥263 million, while guarantees for construction performance bonds increased from ¥176 million to ¥193 million.
  11. FY2023-Q2WorsenedAnnual report

    「Iclean Hollow Metal Systems Pvt. Ltd. ¥270 million ¥271 million Iclean Hollow Metal Systems Pvt. Ltd. ¥176 million ¥210 million」

    With respect to guarantee exposure to overseas companies, both ICLEAN's outstanding guarantees of borrowings and its guarantees for construction performance bonds increased from the end of the previous fiscal year.
  12. FY2023-Q1WorsenedAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. Iclean Hollow Metal Systems Pvt.Ltd. ¥270 million ¥285 million ② The company provides guarantees for performance bonds issued by financial institutions in connection with construction contracts of non-consolidated companies. Iclean Hollow Metal Systems Pvt.Ltd. ¥176 million ¥208 million」

    With respect to guarantee exposure to overseas companies, both ICLEAN's outstanding guarantees of borrowings and its guarantees for construction performance bonds increased from the end of the previous fiscal year.
  13. FY2022WorsenedAnnual report

    「Iclean Hollow Metal Systems Pvt.Ltd. ¥219 million ¥270 million Iclean Hollow Metal Systems Pvt.Ltd. ¥91 million ¥176 million」

    Outstanding guarantees of borrowings for ICLEAN increased from ¥219 million to ¥270 million, while guarantees for construction performance bonds increased from ¥91 million to ¥176 million.
  14. 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」

    Outstanding guarantees of borrowings for overseas companies decreased from ¥219 million to ¥202 million, while guarantees for construction performance bonds increased from ¥91 million to ¥171 million.
  15. FY2022-Q1Decrease in loan guarantees and increase in construction performance guaranteesAnnual report

    「Iclean Hollow Metal Systems Pvt.Ltd. ¥219 million ¥206 million」

    Outstanding guarantees of borrowings for Iclean Hollow Metal Systems Pvt.Ltd. decreased from ¥219 million to ¥206 million, while guarantees for construction performance bonds increased from ¥91 million to ¥160 million.
  16. FY2021MitigatedAnnual report

    「PT.タカサゴインドネシア ¥276 million － Iclean Hollow Metal Systems Pvt.Ltd. ¥141 million ¥219 million Total ¥417 million ¥219 million」

    Outstanding guarantees of borrowings for overseas companies decreased from ¥417 million to ¥219 million. Guarantees for construction performance bonds also decreased from ¥648 million to ¥91 million.
  17. FY2021-Q3MitigatedAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. PT.タカサゴインドネシア ¥276 million － Iclean Hollow Metal Systems Pvt.Ltd. ¥141 million ¥201 million Total ¥417 million ¥201 million ② The company provides guarantees for performance bonds issued by financial institutions in connection with construction contracts of non-consolidated companies. PT.タカサゴインドネシア ¥568 million ¥147 million Iclean Hollow Metal Systems Pvt.Ltd. ¥79 million ¥69 million Total ¥648 million ¥217 million」

    Compared with the end of the previous fiscal year, outstanding guarantees of borrowings for overseas companies decreased from ¥417 million to ¥201 million, while guarantees for construction performance bonds decreased from ¥648 million to ¥217 million.
  18. FY2021-Q2Continued increase in guarantees for borrowings and decrease in construction performance guaranteesAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. PT.タカサゴインドネシア ¥276 million ¥370 million Iclean Hollow Metal Systems Pvt.Ltd. ¥141 million ¥199 million Total ¥417 million ¥569 million ② The company provides guarantees for performance bonds issued by financial institutions in connection with construction contracts of non-consolidated companies. PT.タカサゴインドネシア ¥568 million ¥143 million Iclean Hollow Metal Systems Pvt.Ltd ¥79 million ¥10 million Total ¥648 million ¥153 million」

    Compared with the end of the previous fiscal year, outstanding guarantees of borrowings increased from ¥417 million to ¥569 million, while guarantees for construction performance bonds decreased from ¥648 million to ¥153 million.
  19. FY2021-Q1Increase in guarantees for borrowings and decrease in construction performance guaranteesAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. PT.タカサゴインドネシア ¥276 million ¥370 million; Iclean Hollow Metal Systems Pvt.Ltd. ¥141 million ¥199 million; total ¥417 million ¥570 million. ② The company provides guarantees for performance bonds issued by financial institutions in connection with construction contracts of non-consolidated companies. PT.タカサゴインドネシア ¥568 million ¥153 million; Iclean Hollow Metal Systems Pvt.Ltd. ¥79 million ¥67 million; total ¥648 million ¥221 million.」

    Outstanding guarantees of borrowings increased from ¥417 million to ¥570 million, while guarantees for construction performance bonds decreased from ¥648 million to ¥221 million.
  20. FY2020WorsenedAnnual report

    「PT.タカサゴインドネシア ¥119 million ¥276 million Iclean Hollow Metal Systems Pvt.Ltd. ¥130 million ¥141 million Total ¥249 million ¥417 million」

    Outstanding guarantees of borrowings for overseas companies increased from ¥249 million at the end of the previous fiscal year to ¥417 million. Guarantees for construction performance bonds also increased from ¥627 million to ¥648 million, expanding guarantee exposure for the full fiscal year.
  21. FY2020-Q3WorsenedAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. Previous fiscal year (31 March 2019) / Third quarter of the current fiscal year (31 December 2019) PT.タカサゴインドネシア　¥119 million　¥353 million Iclean Hollow Metal Systems Pvt.Ltd.　¥130 million　¥153 million Total　¥249 million　¥506 million ② The company provides guarantees for performance bonds issued by financial institutions in connection with construction contracts of non-consolidated companies. Previous fiscal year (31 March 2019) / Third quarter of the current fiscal year (31 December 2019) PT.タカサゴインドネシア　¥513 million　¥676 million Iclean Hollow Metal Systems Pvt.Ltd.　¥113 million　¥89 million Total　¥627 million　¥765 million」

    Guarantees for borrowings by overseas companies increased from ¥249 million to ¥506 million, while guarantees for construction performance bonds increased from ¥627 million to ¥765 million. The combined total increased to ¥1,271 million from ¥876 million, also exceeding the ¥1,182 million at the end of the second quarter of the previous fiscal year.
  22. FY2020-Q2WorsenedAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. Previous fiscal year (31 March 2019) / Second quarter of the current fiscal year (30 September 2019) PT.タカサゴインドネシア　¥119 million　¥239 million Iclean Hollow Metal Systems Pvt.Ltd.　¥130 million　¥150 million Total　¥249 million　¥389 million ② The company provides guarantees for performance bonds issued by financial institutions in connection with construction contracts of non-consolidated companies. Previous fiscal year (31 March 2019) / Second quarter of the current fiscal year (30 September 2019) PT.タカサゴインドネシア　¥513 million　¥711 million Iclean Hollow Metal Systems Pvt.Ltd　¥113 million　¥82 million Total　¥627 million　¥793 million」

    Guarantees for borrowings by overseas companies increased from ¥249 million to ¥389 million, while guarantees for construction performance bonds increased from ¥627 million to ¥793 million. The combined total of the two types of guarantees increased from ¥876 million to ¥1,182 million.
  23. FY2020-Q1First statedAnnual report

    「① The company provides guarantees for borrowings by non-consolidated companies from financial institutions and other lenders. Previous fiscal year (31 March 2019) / First quarter of the current fiscal year (30 June 2019) PT.タカサゴインドネシア　¥119 million　¥334 million Iclean Hollow Metal Systems Pvt.Ltd.　¥130 million　¥158 million Total　¥249 million　¥492 million」

    The company disclosed outstanding guarantees of borrowings for overseas non-consolidated companies, with the total for PT.タカサゴインドネシア and other companies increasing from ¥249 million to ¥492 million.
Moved together

"Risk of market price fluctuations and impairment of securities held" moved the same way as this thread, in the same document, in 6 of its 23 moves.

664333★123456
  1. ★This thread
  2. 1Risk of market price fluctuations and impairment of securities held6×
  3. 2Risk of debt guarantee obligations and loss absorption associated with the voluntary liquidation of the Indian subsidiary6×
  4. 3Stable dividends based on a 2% DOE4×
  5. 4Securing stable earnings and strengthening earning power3×
  6. 5Construction profit risk from rising material and labor costs and intensifying competition3×
  7. 6Risk of unprofitable construction projects and additional costs3×

★ 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.

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